Genco Shipping & Trading (GNK) Interest Expenses (2009 - 2026)

Genco Shipping & Trading (GNK) reported Interest Expenses of $4.5 million for Q1 2026, up 76.46% year-over-year from $2.5 million in Q1 2025, and up 12.39% quarter-over-quarter from $4.0 million in Q4 2025.

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

Genco Shipping & Trading (GNK) has 18 years of Interest Expenses data on file, last reported at $4.5 million in Q1 2026.

  • Interest Expenses for Q1 2026 came in at $4.5 million, up 76.46% year-over-year; the trailing twelve-month figure through Mar 2026 was $14.2 million (up 20.35% YoY), and the FY2025 annual result was $12.3 million, down 7.8% from the prior year.
  • Interest Expenses grew to $4.5 million in Q1 2026 per GNK's latest filing, from $4.0 million in the prior quarter.
  • Over five years, Interest Expenses peaked at $4.5 million in Q1 2026 and troughed at $2.0 million in Q3 2023.
  • A 5-year average of $2.8 million and a median of $2.6 million in 2025 frame the typical range for Interest Expenses.
  • The sharpest annual moves came in 2022 and 2024: Interest Expenses sank 50.63% in 2022, then surged 99.11% in 2024.
  • A 5-year view of Interest Expenses shows it stood at $2.2 million in 2022, then gained by 20.77% to $2.6 million in 2023, then climbed by 8.12% to $2.8 million in 2024, then soared by 41.16% to $4.0 million in 2025, then increased by 12.39% to $4.5 million in 2026.
  • Business Quant data shows GNK's Interest Expenses at $4.5 million in Q1 2026, $4.0 million in Q4 2025, and $3.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn -1,852.00
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn 11.22 Mn
3 Matson 5.69 Bn 5.59 Bn - 1.60 Mn
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn -12.94 Mn
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn 127.05 Mn
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn -112.20 Mn
7 Costamare 1.93 Bn 1.42 Bn - -18.95 Mn
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn -30.60 Mn
9 Global Ship Lease 1.37 Bn 1.37 Bn - -
10 Genco Shipping & Trading 1.08 Bn 1.08 Bn 39.25 Mn 4.50 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.50 Mn
Mar 31, 2026 4.50 Mn
Dec 31, 2025 4.00 Mn
Dec 31, 2025 4.00 Mn
Sep 30, 2025 3.15 Mn
Sep 30, 2025 3.15 Mn
Jun 30, 2025 2.56 Mn
Jun 30, 2025 2.56 Mn
Mar 31, 2025 2.55 Mn
Mar 31, 2025 2.55 Mn
Dec 31, 2024 2.84 Mn
Dec 31, 2024 2.84 Mn
Sep 30, 2024 2.97 Mn
Sep 30, 2024 2.97 Mn
Jun 30, 2024 3.45 Mn
Jun 30, 2024 3.45 Mn
Mar 31, 2024 4.04 Mn
Mar 31, 2024 4.04 Mn
Dec 31, 2023 2.62 Mn
Dec 31, 2023 2.62 Mn