Genco Shipping & Trading (GNK) Interest Expenses (2009 - 2026)
Genco Shipping & Trading's (GNK) quarterly Interest Expenses came in at $4.5 million in Q1 2026, up 76.46% year-on-year from $2.5 million in Q1 2025, and up 170.08% on a QoQ basis from -$6.4 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.
- On a quarterly basis, Interest Expenses rose 76.46% year-over-year to $4.5 million in Q1 2026; TTM through Mar 2026 was $3.8 million, a 293.87% increase from a year earlier, with the FY2025 full-year figure at $12.3 million, down 7.8% from the prior year.
- Interest Expenses for Q1 2026 stood at $4.5 million, up from -$6.4 million in the prior quarter.
- Over the last five years, Interest Expenses for GNK reached as high as $4.5 million in Q1 2026 and fell as low as -$8.0 million in Q4 2024.
- Historically, Interest Expenses has averaged $1.5 million across 5 years, with a median of $2.5 million in 2025.
- Across the five-year window, Interest Expenses surged 334.66% in 2022 and slumped 659.15% in 2024, its largest moves.
- Year by year, Interest Expenses stood at $2.8 million in 2022, then tumbled by 137.28% to -$1.1 million in 2023, then slumped by 659.15% to -$8.0 million in 2024, then grew by 19.87% to -$6.4 million in 2025, then surged by 170.08% to $4.5 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $4.5 million in Q1 2026, -$6.4 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 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn | -112.20 Mn |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn | 23.11 Mn |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn | -38.14 Mn |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn | -23.03 Mn |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 | -1.59 Mn |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn | 3.48 Mn |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - | 407.70 Mn |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn | -12.94 Mn |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - | - |
| 10 | Genco Shipping & Trading | 1.10 Bn | 1.10 Bn | 32.77 Mn | 4.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.50 Mn |
| Mar 31, 2026 | 4.50 Mn |
| Dec 31, 2025 | -6.42 Mn |
| Dec 31, 2025 | -6.42 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 | -8.01 Mn |
| Dec 31, 2024 | -8.01 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 | -1.06 Mn |
| Dec 31, 2023 | -1.06 Mn |