Genco Shipping & Trading (GNK) Operating Leases (2019 - 2026)
Genco Shipping & Trading (GNK) posted quarterly Operating Leases of $5.6 million for Q1 2026, little changed year-over-year from $5.6 million in Q1 2025, and up 1.39% quarter-over-quarter from $5.5 million in Q4 2025.
Genco Shipping & Trading (GNK) Operating Leases (2019 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has reported Operating Leases for 8 consecutive years, with $5.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Leases changed 0.0% year-over-year to $5.6 million; the TTM figure through Mar 2026 stood at $5.6 million (changed 0.0% YoY), while the FY2025 annual figure was $5.5 million, changed 0.0% from the prior year.
- Operating Leases rose to $5.6 million in Q1 2026 per GNK's latest filing, from $5.5 million in the prior quarter.
- Across five years, Operating Leases topped out at $5.7 million in Q1 2022 and bottomed at $608000.0 in Q2 2024.
- Historically, Operating Leases has averaged $4.1 million across 5 years, with a median of $4.9 million in 2022.
- Annual changes were most pronounced in 2024 — Operating Leases sank 79.48% — and 2025, when it soared 836.35%.
- Genco Shipping & Trading's Operating Leases stood at $4.1 million in 2022, then slumped by 56.03% to $1.8 million in 2023, then soared by 207.55% to $5.5 million in 2024, then changed by 0.0% to $5.5 million in 2025, then rose by 1.39% to $5.6 million in 2026.
- Business Quant data shows GNK's Operating Leases at $5.6 million in Q1 2026, $5.5 million in Q4 2025, and $5.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kirby | 7.46 Bn | 7.42 Bn | 290.80 Mn |
| 2 | Matson | 6.58 Bn | 6.46 Bn | - |
| 3 | Hafnia | 3.91 Bn | 3.80 Bn | 152.41 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.55 Bn | 57.20 Mn |
| 5 | Star Bulk Carriers | 3.37 Bn | 2.87 Bn | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn |
| 7 | Okeanis Eco Tankers | 2.45 Bn | 2.23 Bn | 12,231.53 Bn |
| 8 | Navios Maritime Partners | 2.38 Bn | 1.97 Bn | 326.09 Mn |
| 9 | Costamare | 1.81 Bn | 1.51 Bn | 185.32 Mn |
| 10 | Genco Shipping & Trading | 1.14 Bn | 1.14 Bn | 92.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.69 Mn |
| Mar 31, 2026 | 5.62 Mn |
| Dec 31, 2025 | 5.54 Mn |
| Sep 30, 2025 | 5.46 Mn |
| Jun 30, 2025 | 5.69 Mn |
| Mar 31, 2025 | 5.62 Mn |
| Dec 31, 2024 | 5.54 Mn |
| Jun 30, 2024 | 608,000.00 |
| Mar 31, 2024 | 1.21 Mn |
| Dec 31, 2023 | 1.80 Mn |
| Sep 30, 2023 | 2.39 Mn |
| Jun 30, 2023 | 2.96 Mn |
| Mar 31, 2023 | 3.53 Mn |
| Dec 31, 2022 | 4.10 Mn |
| Sep 30, 2022 | 4.65 Mn |
| Jun 30, 2022 | 5.20 Mn |
| Mar 31, 2022 | 5.72 Mn |
| Dec 31, 2021 | 6.20 Mn |
| Sep 30, 2021 | 6.68 Mn |
| Jun 30, 2021 | 7.14 Mn |