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
DateValue
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