Genco Shipping & Trading (GNK) Interest Expenses (2009 - 2026)
Genco Shipping & Trading's Interest Expenses was $5.75 million in Q2 2026, up 124.8% from $2.56 million a year earlier and up 27.8% from the prior quarter.
Genco Shipping & Trading (GNK) Interest Expenses (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Genco Shipping & Trading's Interest Expenses was $17.4 million through Jun 30, 2026, up 59.5% year-over-year; for FY2025, it was $12.26 million, down 7.8% from FY2024.
- Interest Expenses shows a five-year compound annual growth rate of -11.4% (FY2020 to FY2025).
- In earlier years, Interest Expenses was $13.3 million in FY2024 (+51.4%), $8.78 million in FY2023 (-3.5%), $9.09 million in FY2022 (-40.8%) and $15.36 million in FY2021 (-31.5%).
- The Q2 2026 figure marks the highest quarterly Interest Expenses since Q1 2020.
- Compared with a year earlier, Interest Expenses has increased for four straight quarters, with growth averaging 30.3% over the last eight quarters.
- The best year-over-year quarter for Interest Expenses over five years was Q2 2026 (growth of 124.8%); the worst was Q4 2021 (a decline of 51.0%).
- Per Business Quant data, GNK's Interest Expenses in the three quarters before Q2 2026 was $4.5 million (Q1 2026), $4 million (Q4 2025) and $3.15 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 313.00 Mn |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 211.00 Mn |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | - |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 272.00 Mn |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 197.00 Mn |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | - |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 76,000.00 |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | -17.32 Mn |
| 10 | Genco Shipping & Trading | 1.14 Bn | 1.14 Bn | 92.30 Mn | 5.75 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.75 Mn |
| Mar 31, 2026 | 4.50 Mn |
| Dec 31, 2025 | 4.00 Mn |
| Sep 30, 2025 | 3.15 Mn |
| Jun 30, 2025 | 2.56 Mn |
| Mar 31, 2025 | 2.55 Mn |
| Dec 31, 2024 | 2.84 Mn |
| Sep 30, 2024 | 2.97 Mn |
| Jun 30, 2024 | 3.45 Mn |
| Mar 31, 2024 | 4.04 Mn |
| Dec 31, 2023 | 2.62 Mn |
| Sep 30, 2023 | 2.00 Mn |
| Jun 30, 2023 | 2.13 Mn |
| Mar 31, 2023 | 2.03 Mn |
| Dec 31, 2022 | 2.17 Mn |
| Sep 30, 2022 | 2.28 Mn |
| Jun 30, 2022 | 2.41 Mn |
| Mar 31, 2022 | 2.24 Mn |
| Dec 31, 2021 | 2.40 Mn |
| Sep 30, 2021 | 3.94 Mn |
Genco Shipping & Trading Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=GNK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "GNK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=GNK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();