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

Genco Shipping & Trading (GNK) reported Interest Coverage Ratio of 2.96 for Q1 2026, up 177.21% year-over-year from 1.07 in Q1 2025, and down 37.77% quarter-over-quarter from 4.76 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.

  • Interest Coverage Ratio for Q1 2026 came in at 2.96, up 177.21% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.15 (down 54.0% YoY), and the FY2025 annual result was 0.61, down 90.69% from the prior year.
  • Interest Coverage Ratio slipped to 2.96 in Q1 2026 per GNK's latest filing, from 4.76 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 5.79 and a median of 5.15 in 2024 frame the typical range for Interest Coverage Ratio.
  • The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio soared 1251.34% in 2022, then slumped 176.5% in 2023.
  • A 5-year view of Interest Coverage Ratio shows it stood at 14.17 in 2022, then plunged by 81.06% to 2.68 in 2023, then soared by 91.99% to 5.15 in 2024, then retreated by 7.7% to 4.76 in 2025, then tumbled by 37.77% to 2.96 in 2026.
  • Business Quant data shows GNK's Interest Coverage Ratio at 2.96 in Q1 2026, 4.76 in Q4 2025, and 0.78 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn -2,842.87
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn -23.85
3 Matson 5.69 Bn 5.59 Bn - 38.38
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn -8.49
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn 0.60
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn 0.16
7 Costamare 1.93 Bn 1.42 Bn - -5.13
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn -9.34
9 Global Ship Lease 1.37 Bn 1.37 Bn - -
10 Genco Shipping & Trading 1.08 Bn 1.08 Bn 39.25 Mn 2.96

Historic Data

Download Data
DateValue
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
Jun 30, 2021 8.11