Genco Shipping & Trading GNK
NYSE GNK
$26.81 -0.84 (-3.06%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Genco Shipping & Trading's (GNK) quarterly Interest Coverage Ratio came in at 3.78 in Q2 2026, up 327.05% year-over-year from 0.89 in Q2 2025, and up 27.82% quarter-over-quarter from 2.96 in Q1 2026.

Analysis

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

Genco Shipping & Trading (GNK) has reported Interest Coverage Ratio for 18 consecutive years, with 3.78 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Interest Coverage Ratio rose 327.05% year-over-year to 3.78 in Q2 2026; TTM through Jun 2026 was 3.25, a 44.13% increase from a year earlier, with the FY2025 full-year figure at 0.61, down 90.69% from the prior year.
  • Interest Coverage Ratio was 3.78 for Q2 2026 at Genco Shipping & Trading, up from 2.96 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 20.46 in Q2 2022 and troughed at 15.18 in Q3 2023.
  • A 5-year average of 5.68 and a median of 4.95 in 2024 frame the typical range for Interest Coverage Ratio.
  • Across the five-year window, Interest Coverage Ratio surged 1251.34% in 2022 and tumbled 176.5% in 2023, its largest moves.
  • Over 5 years, Interest Coverage Ratio stood at 14.17 in 2022, then sank by 81.06% to 2.68 in 2023, then surged by 91.99% to 5.15 in 2024, then fell by 7.7% to 4.76 in 2025, then slipped by 20.46% to 3.78 in 2026.
  • The last three Interest Coverage Ratio figures came in at 3.78 (Q2 2026), 2.96 (Q1 2026), and 4.76 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Frontline 10.35 Bn 10.03 Bn - 19.06
2 Kirby 7.39 Bn 7.35 Bn 290.80 Mn 11.15
3 Matson 6.76 Bn 6.64 Bn - 99.31
4 International Seaways 5.13 Bn 5.13 Bn 467.16 Mn 28.53
5 Hafnia 4.45 Bn 4.17 Bn 372.91 Mn 27.49
6 Cmb.Tech 4.42 Bn 4.26 Bn 970.62 Mn 5.52
7 Scorpio Tankers 3.80 Bn 1.97 Bn 343.91 Mn 11.03
8 ZIM Integrated Shipping Services 3.60 Bn 2.57 Bn 255.00 Mn 1.34
9 Star Bulk Carriers 3.56 Bn 3.00 Bn 299.80 Mn 12.46
10 Genco Shipping & Trading 1.17 Bn 1.17 Bn 92.30 Mn 3.78
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 3.78
Mar 31, 2026 2.96
Dec 31, 2025 4.76
Sep 30, 2025 0.78
Jun 30, 2025 -1.67
Mar 31, 2025 -3.83
Dec 31, 2024 5.15
Sep 30, 2024 8.09
Jun 30, 2024 7.62
Mar 31, 2024 5.47
Dec 31, 2023 2.68
Sep 30, 2023 -15.18
Jun 30, 2023 6.11
Mar 31, 2023 2.19
Dec 31, 2022 14.17
Sep 30, 2022 19.85
Jun 30, 2022 20.46
Mar 31, 2022 18.77
Dec 31, 2021 38.79
Sep 30, 2021 16.58