Genco Shipping & Trading (GNK) Interest Coverage Ratio (2009 - 2026)

Genco Shipping & Trading's (GNK) quarterly Interest Coverage Ratio came in at 2.96 in Q1 2026, up 177.21% year-on-year from 1.07 in Q1 2025, and up 199.8% on a QoQ basis from 2.97 in Q4 2025.

Genco Shipping & Trading (GNK) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Genco Shipping & Trading (GNK) has 18 years of Interest Coverage Ratio data on file, last reported at 2.96 in Q1 2026.

  • On a quarterly basis, Interest Coverage Ratio rose 177.21% year-over-year to 2.96 in Q1 2026; TTM through Mar 2026 was 8.06, a 85.94% decrease from a year earlier, with the FY2025 full-year figure at 0.61, down 90.69% from the prior year.
  • Interest Coverage Ratio for Q1 2026 stood at 2.96, up from 2.97 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for GNK reached as high as 20.46 in Q2 2022 and fell as low as 15.18 in Q3 2023.
  • Historically, Interest Coverage Ratio has averaged 4.13 across 5 years, with a median of 2.96 in 2026.
  • Across the five-year window, Interest Coverage Ratio jumped 1251.34% in 2022 and plunged 176.5% in 2023, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 10.87 in 2022, then plunged by 161.35% to 6.67 in 2023, then jumped by 72.66% to 1.82 in 2024, then slumped by 62.59% to 2.97 in 2025, then jumped by 199.8% to 2.96 in 2026.
  • Per Business Quant data, the three most recent Interest Coverage Ratio figures were 2.96 in Q1 2026, 2.97 in Q4 2025, and 0.78 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 ZIM Integrated Shipping Services 2,964,341.97 Bn 2,964,341.05 Bn 57.20 Mn 0.16
2 Danaos 2,542.12 Bn 2,541.24 Bn 203.71 Mn 9.51
3 Sfl 1,584.69 Bn 1,584.53 Bn 66.27 Mn 1.66
4 Capital Clean Energy Carriers 1,419.00 Bn 1,418.46 Bn 95.52 Mn -4.00
5 Globus Maritime 59.97 Bn 59.95 Bn 8,083.00 -0.01
6 Kirby 8.07 Bn 7.99 Bn 291.34 Mn 37.26
7 Matson 6.26 Bn 6.16 Bn - 0.15
8 Hafnia 3.73 Bn 3.62 Bn 152.41 Mn -8.49
9 Intercont (Cayman) 3.56 Bn 3.56 Bn - -
10 Genco Shipping & Trading 1.10 Bn 1.10 Bn 32.77 Mn 2.96

Historic Data

Download Data
DateValue
Mar 31, 2026 2.96
Dec 31, 2025 -2.97
Sep 30, 2025 0.78
Jun 30, 2025 -1.67
Mar 31, 2025 -3.83
Dec 31, 2024 -1.82
Sep 30, 2024 8.09
Jun 30, 2024 7.62
Mar 31, 2024 5.47
Dec 31, 2023 -6.67
Sep 30, 2023 -15.18
Jun 30, 2023 6.11
Mar 31, 2023 1.33
Dec 31, 2022 10.87
Sep 30, 2022 19.85
Jun 30, 2022 20.46
Mar 31, 2022 18.77
Dec 31, 2021 -77.27
Sep 30, 2021 16.58
Jun 30, 2021 8.11