Genco Shipping & Trading (GNK) Payables (2009 - 2026)
Genco Shipping & Trading (GNK) reported Payables of $34.5 million for Q1 2026, down 12.22% year-over-year from $39.3 million in Q1 2025, and up 85.26% quarter-over-quarter from $18.6 million in Q4 2025.
Genco Shipping & Trading (GNK) Payables (2009 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has 18 years of Payables data on file, last reported at $34.5 million in Q1 2026.
- Payables for Q1 2026 came in at $34.5 million, down 12.22% year-over-year; the trailing twelve-month figure through Mar 2026 was $34.5 million (down 12.22% YoY), and the FY2025 annual result was $18.6 million, up 6.65% from the prior year.
- Payables grew to $34.5 million in Q1 2026 per GNK's latest filing, from $18.6 million in the prior quarter.
- Over five years, Payables peaked at $44.7 million in Q2 2025 and troughed at $8.9 million in Q2 2023.
- A 5-year average of $23.2 million and a median of $18.6 million in 2025 frame the typical range for Payables.
- The sharpest annual moves came in 2022 and 2025: Payables sank 49.77% in 2022, then surged 287.75% in 2025.
- A 5-year view of Payables shows it stood at $16.2 million in 2022, then slumped by 34.1% to $10.6 million in 2023, then soared by 64.13% to $17.5 million in 2024, then grew by 6.65% to $18.6 million in 2025, then soared by 85.26% to $34.5 million in 2026.
- Business Quant data shows GNK's Payables at $34.5 million in Q1 2026, $18.6 million in Q4 2025, and $20.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 1.91 Mn |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 225.97 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 294.00 Mn |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 566.73 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 49.46 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | 703.70 Mn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | 14.27 Mn |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 13.86 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | 63.85 Mn |
| 10 | Genco Shipping & Trading | 1.08 Bn | 1.08 Bn | 39.25 Mn | 34.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.54 Mn |
| Dec 31, 2025 | 18.64 Mn |
| Sep 30, 2025 | 20.31 Mn |
| Jun 30, 2025 | 44.69 Mn |
| Mar 31, 2025 | 39.34 Mn |
| Dec 31, 2024 | 17.48 Mn |
| Sep 30, 2024 | 32.94 Mn |
| Jun 30, 2024 | 11.53 Mn |
| Mar 31, 2024 | 31.30 Mn |
| Dec 31, 2023 | 10.65 Mn |
| Sep 30, 2023 | 27.43 Mn |
| Jun 30, 2023 | 8.87 Mn |
| Mar 31, 2023 | 14.60 Mn |
| Dec 31, 2022 | 16.16 Mn |
| Sep 30, 2022 | 38.83 Mn |
| Jun 30, 2022 | 13.69 Mn |
| Mar 31, 2022 | 12.84 Mn |
| Dec 31, 2021 | 29.96 Mn |
| Sep 30, 2021 | 11.86 Mn |
| Jun 30, 2021 | 27.26 Mn |