Genco Shipping & Trading (GNK) Operating Leases (2019 - 2026)
Genco Shipping & Trading (GNK) reported 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 8 years of Operating Leases data on file, last reported at $5.6 million in Q1 2026.
- Operating Leases for Q1 2026 came in at $5.6 million, changed 0.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.6 million (changed 0.0% YoY), and the FY2025 annual result was $5.5 million, changed 0.0% from the prior year.
- Operating Leases advanced to $5.6 million in Q1 2026 per GNK's latest filing, from $5.5 million in the prior quarter.
- Over five years, Operating Leases peaked at $5.7 million in Q1 2022 and troughed at $608000.0 in Q2 2024.
- A 5-year average of $4.1 million and a median of $4.9 million in 2022 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2024 and 2025: Operating Leases sank 79.48% in 2024, then soared 836.35% in 2025.
- A 5-year view of Operating Leases shows it stood at $4.1 million in 2022, then sank by 56.03% to $1.8 million in 2023, then surged by 207.55% to $5.5 million in 2024, then changed by 0.0% to $5.5 million in 2025, then increased 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 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - |
| 10 | Genco Shipping & Trading | 1.08 Bn | 1.08 Bn | 39.25 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 7.61 Mn |