Seanergy Maritime Holdings (SHIP) Asset Utilization Ratio (2010 - 2026)
Seanergy Maritime Holdings (SHIP) posted Asset Utilization Ratio of 0.28 for Q1 2026, up 6.97% sequentially from 0.27 in Q4 2025, and up 6.25% YoY from 0.27 in Q1 2025.
Seanergy Maritime Holdings (SHIP) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Seanergy Maritime Holdings has reported Asset Utilization Ratio for 14 years, with the latest figure at 0.28 in Q1 2026.
- Quarterly Asset Utilization Ratio rose 6.25% year-over-year to 0.28 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.28 (up 6.25% YoY) and the FY2025 annual result came in at 0.27, down 16.13% from the prior year.
- Asset Utilization Ratio grew to 0.28 in Q1 2026 per SHIP's latest filing, from 0.27 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.34 in Q2 2022 and troughed at 0.22 in Q3 2023.
- A 5-year average of 0.27 and a median of 0.27 in 2025 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2023 and 2024: Asset Utilization Ratio sank 31.13% in 2023, then jumped 45.76% in 2024.
- Over 5 years, Asset Utilization Ratio stood at 0.25 in 2022, then slipped by 5.28% to 0.24 in 2023, then soared by 32.12% to 0.31 in 2024, then declined by 15.03% to 0.27 in 2025, then gained by 6.97% to 0.28 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.28, 0.27, and 0.25 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.46 Bn | 7.42 Bn | 290.80 Mn | 0.57 |
| 2 | Matson | 6.58 Bn | 6.46 Bn | - | 0.74 |
| 3 | Hafnia | 3.91 Bn | 3.80 Bn | 152.41 Mn | 0.27 |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.55 Bn | 57.20 Mn | 0.58 |
| 5 | Star Bulk Carriers | 3.37 Bn | 2.87 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 0.20 |
| 7 | Okeanis Eco Tankers | 2.45 Bn | 2.23 Bn | 12,231.53 Bn | 0.34 |
| 8 | Navios Maritime Partners | 2.38 Bn | 1.97 Bn | 326.09 Mn | 0.23 |
| 9 | Costamare | 1.81 Bn | 1.51 Bn | 185.32 Mn | 0.21 |
| 10 | Seanergy Maritime Holdings | 2.91 Mn | 2.91 Mn | - | 0.30 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.30 |
| Mar 31, 2026 | 0.28 |
| Dec 31, 2025 | 0.27 |
| Sep 30, 2025 | 0.25 |
| Jun 30, 2025 | 0.25 |
| Mar 31, 2025 | 0.27 |
| Dec 31, 2024 | 0.31 |
| Sep 30, 2024 | 0.31 |
| Jun 30, 2024 | 0.29 |
| Mar 31, 2024 | 0.27 |
| Dec 31, 2023 | 0.24 |
| Sep 30, 2023 | 0.22 |
| Jun 30, 2023 | 0.23 |
| Mar 31, 2023 | 0.23 |
| Dec 31, 2022 | 0.25 |
| Sep 30, 2022 | 0.30 |
| Jun 30, 2022 | 0.34 |
| Mar 31, 2022 | 0.34 |
| Dec 31, 2021 | 0.32 |
| Sep 30, 2021 | 0.23 |