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Genco Shipping & Trading Ltd. (GNK)

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Genco Shipping & Trading Ltd. (GNK) reported revenue of $136 million for Q2 FY2026, the quarter ended 30 June 2026, up 68.5% on the same quarter a year earlier. Net income was $17 million, and diluted earnings per share $0.37. The figures are the company's own, from the 10-Q it filed with the SEC on 5 August 2026.

Revenue$136 millionup 68.5%
Net income$17 million
Diluted EPS$0.37
QuarterQ2 FY2026ended 30 June 2026

Genco Shipping & Trading (GNK) in brief

Genco Shipping & Trading (GNK) reported revenue of $342 million for fiscal 2025, the year ended 31 December 2025, down 19.1% on the year before.
Read moreNet loss was $4 million and the diluted loss per share $0.10. Revenue was $423 million in fiscal 2024, $384 million in fiscal 2023, $537 million in fiscal 2022 and $547 million in fiscal 2021. Net income in the same years was $76 million, a loss of $13 million, $159 million and $182 million. Over the twelve months to 30 June 2026, Genco Shipping & Trading reported revenue of $441 million and net income of $40 million. Revenue fell 0.8% a year, compounded, over the five years to fiscal 2025. Genco Shipping & Trading declared $1.15 a share in dividends over the last four quarters and had 44 million shares outstanding at the latest filed count. At 30 June 2026 it carried $320 million of debt and $74 million of cash. At the close of 29 October 2026 the market cap of Genco Shipping & Trading was $1.2 billion, 29.3 times its earnings over the last twelve months.

Ratios

From the filings

ROE4.5%
ROCE4.7%
Operating margin12.8%
Net margin9.1%
FCF margin15.9%
Interest cover3.25
Debt to equity0.36
Cash conversion1.80
Share count, last 12 months1.5%
Sales CAGR, 3 years-14.0%
Profit CAGR, 3 yearsn/a
EPS, TTM$0.91

At the close of 29 October 2026

Price$26.65
Market cap$1.2 billion
Stock P/E29.29
Price to book1.31
EV / EBITDA10.02
Dividend yield4.3%
Market cap / sales2.64
52-week high$28.12
52-week low$16.47
Price, 1 year60.7%
Price CAGR, 3 years26.5%
Price CAGR, 5 years9.2%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on long-term debt as Genco Shipping & Trading Ltd. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
GNKgreeksoup.ai
Daily prices to 29 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on GNK

Dividends$1.15 a share over the four quarters to 30 June 2026, a 4.32% yield
Filings53 in twelve months: 13 current reports (8-K), about 5 material agreement; 4 change to security holders' rights; 4 results of operations; 2 officer or director change; 1 shareholder vote
Planned insider sales4 Form 144 notices in twelve months, $819,577; latest 18 February 2026
Options tapeput/call 0.21 by open interest at the 29 October 2026 close; the straddle prices a 11.1% move to 20 November 2026
13F holders167 funds reported a position for the quarter to 30 June 2026; largest BlackRock, Inc.
Insider trading32 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest1.8 million shares short, 3.94 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 20 quarters

Q3 FY2021Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue15518313613813612794.490.683.411611710799.399.271.380.979.9110114136
Operating income65.493.242.149.245.230.84.413.0-30.47.022.126.324.014.6-9.8-4.32.519.013.321.8
Operating margin42%51%31%36%33%24%5%14%-36%6%19%25%24%15%-14%-5%3%17%12%16%
Interest expense3.92.42.22.42.32.22.02.12.02.64.03.53.02.82.52.63.24.04.55.8
Net income57.190.941.747.440.828.72.611.6-32.04.918.823.521.512.7-11.9-6.8-1.115.49.316.6
Net margin37%50%31%34%30%23%3%13%-38%4%16%22%22%13%-17%-8%-1%14%8%12%
Diluted EPS$1.34$2.13$0.97$1.10$0.95$0.67$0.06$0.27-$0.75$0.11$0.43$0.54$0.49$0.29-$0.28-$0.16-$0.02$0.35$0.21$0.37
Operating cash flow72.496.152.646.654.335.919.619.413.239.632.329.035.630.02.95.47.715.915.733.2
Capital expenditure0.50.71.50.41.00.61.10.70.40.50.21.10.90.70.71.11.20.30.40.7
Free cash flow72.095.451.146.253.335.218.518.712.939.132.027.934.729.32.24.36.515.615.332.5
Dividends paid4.26.328.333.321.133.021.76.56.46.417.918.014.517.113.46.46.46.522.615.3
Shares outstanding42m42m42m42m42m42m43m43m43m43m43m43m43m43m43m43m43m43m44m44m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 17 fiscal years and the trailing twelve months

FY2008FY2009FY2010FY2011FY2012FY2013FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue405380449392226227154136210368389356547537384423342441
Operating income234210221113-69.3-66.9-193-186-29.60.5-28.4-203201167-5.887.07.556.6
Operating margin57.8%55.5%49.3%28.7%-30.6%-29.4%-125.3%-137.5%-14.1%0.1%-7.3%-57.2%36.8%31.1%-1.5%20.6%2.2%12.8%
Interest expense52.661.872.786.787.688.220.028.530.533.132.022.415.49.18.813.312.317.4
Pre-tax income86.614914926.5-157-155-253-217-58.7-32.9n/an/an/an/an/an/an/an/a
Income taxn/an/a1.81.41.21.91.80.7n/an/an/an/an/an/an/an/an/an/a
Effective tax raten/an/a1.2%5.2%n/an/an/an/an/an/an/an/an/an/an/an/an/an/a
Net income86.614914125.4-145-148-195-218-58.7-32.9-56.0-226182159-12.976.4-4.440.3
Net margin21.4%39.2%31.5%6.5%-64.0%-65.0%-126.6%-160.6%-28.0%-9.0%-14.4%-63.4%33.3%29.5%-3.4%18.1%-1.3%9.1%
Diluted EPS$28.40$47.30$40.70$7.20-$34.70-$34.20-$29.60-$30.03-$1.71-$0.86-$1.34-$5.38$4.27$3.70-$0.30$1.75-$0.10$0.91
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2008FY2009FY2010FY2011FY2012FY2013FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow267220263158-18.8-3.1-56.1-52.324.165.959.536.923118991.812731.972.5
Capital expendituren/an/an/a2.32.11.20.80.30.31.54.74.61.63.62.73.03.22.6
Free cash flown/an/an/a156-20.9-4.3-56.9-52.623.864.454.832.323018689.112428.770.0
Free cash flow marginn/an/an/a39.7%-9.3%-1.9%-36.9%-38.8%11.3%17.5%14.1%9.1%42.0%34.6%23.2%29.3%8.4%15.9%
Cash from investing-514-306-870n/an/an/a-66.725.117.4-195-22.837.4-67.6-55.0-91.647.8-91.6-207
Cash from financing300150690n/an/an/a15155.4-5.6127-77.2-56.9-223-191-17.4-17871.2172
Depreciation and amortisation71.488.211613613914179.676.371.869.072.865.256.260.266.568.776.283.8
Share-based compensation6.04.27.28.35.94.542.120.74.12.22.12.02.33.25.55.87.07.8
Buybacks11.5n/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a
Dividends paid117n/an/an/an/an/an/an/an/an/a20.99.813.511640.967.532.850.8
Dividend per share$38.50n/an/a$0.00$0.00$0.00n/an/an/an/a$0.50$0.23$0.32$2.74$0.95$1.57$0.75n/a
Diluted shares, weighted3m3m4m4m4m4m7m7m34m38m42m42m43m43m43m44m43m45m
Shares outstanding at period endn/a3m4m4m4m4m7m7m35m42m42m42m42m42m43m43m43m44m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2008FY2009FY2010FY2011FY2012FY2013FY2015 †FY2016 †FY2017 †FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity6969291,1331,1521,0669671,1061,0309751,053978745917967913927896889
Non-controlling interestn/an/a215210195341n/an/an/an/an/an/a0.10.91.41.51.31.7
Debtn/an/an/an/a1,41316457951351553548344023816519082.2189320
Operating lease liabilitiesn/an/an/an/an/an/an/an/an/an/a9.88.16.24.11.85.55.55.7
Other liabilitiesn/a1,4081,8351,7581691,48529.726.230.539.057.940.241.936.535.340.745.745.9
Total liabilities and equityn/a2,3373,1833,1192,8432,9571,7151,5691,5211,6271,5291,2331,2031,1741,1421,0571,1381,261
Owned
Fixed assetsn/a2.52.35.65.35.11.31.01.02.36.06.47.28.67.17.27.57.1
Cash and equivalents12518827122872.612312113317419715614411558.146.543.755.573.6
Receivablesn/a2.18.813.711.714.210.610.412.922.313.713.020.125.317.821.414.326.7
Inventoryn/an/an/a10.410.311.310.59.615.329.527.221.624.621.626.722.225.225.5
Other assetsn/a2,1442,9012,8622,7432,8041,5711,4151,3171,3761,3261,0481,0371,0601,0449621,0361,128
Total assetsn/a2,3373,1833,1192,8432,9571,7151,5691,5211,6271,5291,2331,2031,1741,1421,0571,1381,261
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded8.3%-0.8%-14.0%25.6%
Profit growth, compoundedn/an/an/a161.6%
Return on equity, average-2.4%8.5%2.1%-0.5%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Genco Shipping & Trading's revenue in fiscal 2025?

Genco Shipping & Trading (GNK) reported revenue of $342 million for fiscal 2025, the year ended 31 December 2025, down 19.1% on the year before.

How much did Genco Shipping & Trading earn in fiscal 2025?

Net loss was $4 million for fiscal 2025, and the diluted loss per share $0.10.

What is Genco Shipping & Trading's P/E ratio?

At the close of 29 October 2026, Genco Shipping & Trading traded at 29.3 times its earnings over the twelve months to 30 June 2026.

What is Genco Shipping & Trading's market cap?

The market cap of Genco Shipping & Trading was $1.2 billion at the close of 29 October 2026.

Does Genco Shipping & Trading pay a dividend?

Yes. Genco Shipping & Trading declared $1.15 a share in dividends over the four quarters to 30 June 2026.

Peers: Transportation

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Dorian LPG Ltd. LPG$2.3 billion7.2426.0%57.6%81.1%0.415.4%
Allegiant Travel Co. ALGT$2.0 billion51.621.5%4.9%12.2%1.560.0%
Genesis Energy LP GEL$1.8 billionn/an/an/an/an/an/a
Werner Enterprises Inc. WERN$1.7 billionn/a-3.4%-0.9%9.6%0.582.0%
Frontier Group Holdings, Inc. ULCC$1.5 billionn/a-1,116.2%-9.5%24.0%13.14n/a
Bristow Group Inc. VTOL$1.2 billion12.129.6%10.0%8.2%0.68n/a
Genco Shipping & Trading Ltd. GNK$1.2 billion29.294.5%12.8%25.6%0.364.3%
JetBlue Airways Corp. JBLU$1.2 billionn/a-74.8%-6.1%9.9%6.28n/a
Marten Transport Ltd. MRTN$960 million69.121.7%1.8%-6.9%0.002.0%
Heartland Express Inc. HTLD$802 millionn/a-2.9%-2.3%-21.0%0.180.8%
Forward Air Corp. FWRD$603 millionn/an/a-6.7%-0.1%n/a0.0%
Pangaea Logistics Solutions Ltd. PANL$526 million10.7110.6%9.3%22.5%0.530.6%
All 56 in Transportation
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Union Pacific Corp. UNP$179.4 billion23.5334.6%40.1%7.4%1.381.8%
Booking Holdings Inc. BKNG$113.0 billion16.69n/a32.9%12.9%n/a0.3%
Enbridge Inc. ENB$107.6 billion19.029.4%13.3%29.5%1.597.7%
CSX Corp. CSX$96.3 billion27.0624.9%36.4%5.8%1.311.1%
United Parcel Service Inc. UPS$91.3 billion19.9530.3%7.3%-0.4%1.626.1%
Royal Caribbean Cruises Ltd. RCL$83.0 billion18.3838.8%27.6%9.7%1.911.8%
Canadian Pacific Kansas City Ltd. CP$76.9 billion20.428.4%36.4%6.5%0.491.1%
Norfolk Southern Corp. NSC$76.9 billion28.6816.0%31.5%6.0%0.991.6%
FedEx Corp. FDX$72.1 billionn/an/an/an/a0.501.8%
Mplx LP MPLX$60.7 billion12.88n/a44.4%8.7%n/an/a
Delta Air Lines, Inc. DAL$53.7 billion16.3014.6%7.4%14.1%0.620.8%
Carnival Corp. Ltd. CCL$38.8 billion12.5922.1%16.0%5.2%1.73n/a
Old Dominion Freight Line, Inc. ODFL$35.8 billion33.2124.0%25.8%-0.6%0.000.7%
United Airlines Holdings, Inc. UAL$34.2 billion9.6320.1%7.5%12.3%1.49n/a
Expedia Group, Inc. EXPE$32.4 billion17.63168.4%16.0%12.0%4.520.6%
Expeditors International of Washington Inc. EXPD$25.8 billion28.8843.4%9.8%6.8%0.000.8%
Xpo, Inc. XPO$21.4 billion43.2425.5%9.9%9.5%1.52n/a
Southwest Airlines Co. LUV$21.4 billion21.0114.4%4.4%14.5%0.801.6%
J.B. Hunt Transport Services, Inc. JBHT$20.7 billion31.1818.6%7.2%10.6%0.310.8%
HF Sinclair Corp. DINO$19.2 billion5.6830.1%13.5%29.5%0.241.8%
Plains ALL American Pipeline LP PAA$19.0 billionn/an/a3.1%12.2%n/an/a
ZTO Express (Cayman) Inc. ZTO *$15.7 billion11.8613.7%21.3%10.9%n/a3.3%
C. H. Robinson Worldwide, Inc. CHRW$14.9 billion24.3238.9%4.9%-0.1%1.042.0%
Knight-Swift Transportation Holdings Inc. KNX$10.0 billion65.762.2%4.2%7.0%0.261.3%
Saia Inc. SAIA$9.2 billion32.5210.0%10.7%9.3%0.04n/a
American Airlines Group Inc. AAL$8.5 billionn/an/a1.6%12.3%n/an/a
Norwegian Cruise Line Holdings Ltd. NCLH$8.4 billion10.0626.5%13.8%4.9%4.43n/a
Kirby Corp. KEX$7.7 billion22.4510.3%14.0%6.6%0.30n/a
Matson, Inc. MATX$6.8 billion15.1816.7%15.2%-0.2%0.120.6%
Gatx Corp. GATX$6.4 billion17.8913.2%29.1%22.8%4.431.4%
GXO Logistics, Inc. GXO$5.7 billion44.144.4%2.4%7.6%1.07n/a
Plains GP Holdings LP PAGP$5.7 billionn/an/a3.1%12.2%n/an/a
International Seaways, Inc. INSW$5.6 billion7.2634.4%64.2%57.4%0.282.6%
Schneider National, Inc. SNDR$5.2 billion46.003.6%3.0%6.2%0.131.3%
Landstar System Inc. LSTR$4.8 billion29.9519.3%4.1%10.7%0.002.6%
Rxo, Inc. RXO$4.6 billionn/a-5.8%-0.8%10.1%0.33n/a
Tidewater Inc. TDW$4.2 billion17.2717.7%18.4%-1.0%0.47n/a
Brinks Co. BCO$4.2 billion23.6758.3%10.5%8.1%13.661.0%
Alaska Air Group, Inc. ALK$4.0 billionn/a-4.8%-1.5%9.8%1.70n/a
Skywest Inc. SKYW$3.7 billion9.5914.8%14.0%9.1%0.83n/a
Delek Logistics Partners, LP DKL$3.0 billion19.74n/a15.3%30.3%n/an/a
Arcbest Corp. ARCB$2.8 billion183.281.3%0.7%3.7%0.170.4%
Lindblad Expeditions Holdings, Inc. LIND$2.4 billionn/an/a7.0%18.3%n/an/a
Dorian LPG Ltd. LPG$2.3 billion7.2426.0%57.6%81.1%0.415.4%
Allegiant Travel Co. ALGT$2.0 billion51.621.5%4.9%12.2%1.560.0%
Genesis Energy LP GEL$1.8 billionn/an/an/an/an/an/a
Werner Enterprises Inc. WERN$1.7 billionn/a-3.4%-0.9%9.6%0.582.0%
Frontier Group Holdings, Inc. ULCC$1.5 billionn/a-1,116.2%-9.5%24.0%13.14n/a
Bristow Group Inc. VTOL$1.2 billion12.129.6%10.0%8.2%0.68n/a
Genco Shipping & Trading Ltd. GNK$1.2 billion29.294.5%12.8%25.6%0.364.3%
JetBlue Airways Corp. JBLU$1.2 billionn/a-74.8%-6.1%9.9%6.28n/a
Marten Transport Ltd. MRTN$960 million69.121.7%1.8%-6.9%0.002.0%
Heartland Express Inc. HTLD$802 millionn/a-2.9%-2.3%-21.0%0.180.8%
Forward Air Corp. FWRD$603 millionn/an/a-6.7%-0.1%n/a0.0%
Pangaea Logistics Solutions Ltd. PANL$526 million10.7110.6%9.3%22.5%0.530.6%
Verra Mobility Corp. VRRM$507 million12.8319.8%13.6%11.1%4.63n/a
2 companies share its SEC industry code (Deep Sea Foreign Transportation Of Freight); the rest are the names nearest in size in its wider industry, Transportation, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20265 August 2026EDGAR
10-Q31 March 20266 May 2026EDGAR
10-K/A31 December 202530 April 2026EDGAR
10-K31 December 202518 February 2026EDGAR
10-Q30 September 20255 November 2025EDGAR
10-Q30 June 20256 August 2025EDGAR
10-Q31 March 20257 May 2025EDGAR
10-K31 December 202421 February 2025EDGAR
10-Q30 September 20246 November 2024EDGAR
10-Q30 June 20247 August 2024EDGAR