GNK · Genco Shipping & Trading Ltd - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $114.43M | - | $79.92M | $80.94M | $71.27M | - | $99.33M | $107.05M | $117.44M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $8.11M | - | $7.58M | $7.40M | $7.49M | - | $6.83M | $6.32M | $7.66M | - |
| Total Operating Expenses | $101.12M | - | $77.45M | $85.20M | $81.04M | - | $75.30M | $80.73M | $95.34M | - |
| D&A | $21.04M | - | $19.30M | $18.13M | $17.66M | - | $16.62M | $17.10M | $17.22M | - |
| Operating Income | $13.31M | - | $2.47M | ($4.26M) | ($9.77M) | - | $24.03M | $26.31M | $22.09M | - |
| Interest Expense | $4.50M | - | $3.15M | $2.56M | $4.04M | - | $2.00M | $3.45M | $4.04M | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | $9.31M | - | ($1.05M) | ($6.80M) | ($11.92M) | - | $21.46M | $23.47M | $18.80M | - |
| EPS - Basic | $0.21 | - | ($0.02) | ($0.16) | ($0.28) | - | $0.50 | $0.54 | $0.44 | - |
| EPS - Diluted | $0.21 | - | ($0.02) | ($0.16) | ($0.28) | - | $0.49 | $0.54 | $0.43 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $54.77M | $55.54M | $89.95M | $35.44M | $30.24M | $43.69M | $46.66M | $42.03M | $48.36M | $46.54M |
| Accounts Receivable | $20.27M | $14.28M | $13.94M | $14.09M | $18.21M | $21.38M | $20.43M | $29.67M | $21.89M | $17.82M |
| Inventory | $22.86M | $25.19M | $21.55M | $20.47M | $23.34M | $22.23M | $24.92M | $24.41M | $30.64M | $26.75M |
| Accounts Payable | $15.87M | $18.64M | $20.31M | $17.50M | $16.41M | $17.48M | $13.99M | $11.53M | $14.50M | $10.65M |
| Current Assets | $120.69M | $109.06M | $133.26M | $78.97M | $81.54M | $97.99M | $127.47M | $135.92M | $146.18M | $157.27M |
| Total Assets | $1.25B | $1.14B | $1.11B | $1.04B | $1.04B | $1.06B | $1.04B | $1.06B | $1.12B | $1.14B |
| Current Liabilities | $40.52M | $45.67M | $56.36M | $48.55M | $45.59M | $40.66M | $41.21M | $37.88M | $39.30M | $35.29M |
| Long-term Debt | $318.88M | $189.08M | $158.48M | $92.97M | $82.67M | $82.17M | $71.67M | $96.17M | $160.67M | $190.17M |
| Total Liabilities | $365.01M | $240.29M | $220.30M | $147.21M | $133.88M | $128.37M | $112.88M | $134.66M | $201.18M | $227.26M |
| Stockholders' Equity | $885.38M | $896.48M | $885.89M | $891.60M | $903.21M | $926.74M | $929.94M | $921.75M | $915.10M | $913.26M |
| Retained Earnings | ($559.77M) | ($569.08M) | ($584.49M) | ($583.44M) | ($576.64M) | ($564.72M) | ($577.39M) | ($598.85M) | ($622.32M) | ($641.12M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $15.69M | - | - | - | $2.90M | - | - | - | $32.25M | - |
| Investing Cash Flow | ($123.32M) | - | - | - | ($2.92M) | - | - | - | $17.49M | - |
| Financing Cash Flow | $106.86M | - | - | - | ($13.43M) | - | - | - | ($47.92M) | - |
| CapEx | $405.0K | - | - | - | $652.0K | - | - | - | $240.0K | - |
| Free Cash Flow | $15.29M | - | - | - | $2.25M | - | - | - | $32.01M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 11.6% | - | 3.1% | -5.3% | -13.7% | - | 24.2% | 24.6% | 18.8% | - |
| EBITDA margin | 30.0% | - | 27.2% | 17.1% | 11.1% | - | 40.9% | 40.6% | 33.5% | - |
| Net margin | 8.1% | - | -1.3% | -8.4% | -16.7% | - | 21.6% | 21.9% | 16.0% | - |
| Free cash flow margin | 13.4% | - | - | - | 3.2% | - | - | - | 27.3% | - |
| FCF / Net income | 1.64 | - | - | - | -0.19 | - | - | - | 1.70 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 7.1% | - | 9.5% | 9.1% | 10.5% | - | 6.9% | 5.9% | 6.5% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | 0.7% | - | -0.1% | -0.7% | -1.1% | - | 2.1% | 2.2% | 1.7% | - |
| Return on equity | 1.1% | - | -0.1% | -0.8% | -1.3% | - | 2.3% | 2.5% | 2.1% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 2.98 | 2.39 | 2.36 | 1.63 | 1.79 | 2.41 | 3.09 | 3.59 | 3.72 | 4.46 |
| Quick ratio | 2.41 | 1.84 | 1.98 | 1.20 | 1.28 | 1.86 | 2.49 | 2.94 | 2.94 | 3.70 |
| Cash ratio | 1.35 | 1.22 | 1.60 | 0.73 | 0.66 | 1.07 | 1.13 | 1.11 | 1.23 | 1.32 |
| Leverage | ||||||||||
| Debt / Equity | 0.36 | 0.21 | 0.18 | 0.10 | 0.09 | 0.09 | 0.08 | 0.10 | 0.18 | 0.21 |
| Debt / Assets | 0.25 | 0.17 | 0.14 | 0.09 | 0.08 | 0.08 | 0.07 | 0.09 | 0.14 | 0.17 |
| Debt / EBITDA | 9.28 | - | 7.28 | 6.70 | 10.47 | - | 1.76 | 2.22 | 4.09 | - |
| Interest coverage | 3.0x | - | 0.8x | -1.7x | -2.4x | - | 12.0x | 7.6x | 5.5x | - |
| Equity multiplier | 1.41 | 1.27 | 1.25 | 1.17 | 1.15 | 1.14 | 1.12 | 1.15 | 1.22 | 1.25 |
| Liabilities / Assets | 0.29 | 0.21 | 0.20 | 0.14 | 0.13 | 0.12 | 0.11 | 0.13 | 0.18 | 0.20 |
| Efficiency | ||||||||||
| Asset turnover | 0.09 | - | 0.07 | 0.08 | 0.07 | - | 0.10 | 0.10 | 0.11 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 65d | - | 64d | 64d | 93d | - | 75d | 101d | 68d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 107.4x | - | - | - | - | - | 39.8x | 39.5x | 47.3x | - |
| P / B | 1.1x | - | 0.9x | 0.6x | 0.6x | - | 0.9x | 1.0x | 1.0x | - |
| P / S | 8.8x | - | 9.7x | 7.0x | 8.1x | - | 8.6x | 8.7x | 7.5x | - |
| EV / EBITDA | 36.8x | - | 38.7x | 45.0x | 79.7x | - | 21.6x | 22.7x | 25.4x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 60.6% | - | -19.5% | -24.4% | -39.3% | - | 19.2% | 18.2% | 24.4% | - |
| Revenue CAGR (3y) | 6.6% | - | -16.2% | -16.2% | -19.4% | - | -13.8% | -4.0% | 10.3% | - |
| Revenue CAGR (5y) | 5.5% | - | -1.8% | 1.8% | -6.2% | - | -0.9% | 5.1% | 4.7% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | -89.7% | - | - | - | - | 102.0% | 397.3% | - |
| Net income growth (YoY) | - | - | - | - | - | - | - | 103.0% | 613.7% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | 100.0% | 616.7% | - |
| EPS CAGR (3y) | 51.8% | - | - | - | - | - | -28.5% | -10.4% | 104.9% | - |
| EPS CAGR (5y) | 33.2% | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 579.4% | - | - | - | -93.0% | - | - | - | 73.2% | - |
| FCF CAGR (5y) | 2.8% | - | - | - | - | - | - | - | 25.2% | - |
| Book value growth (YoY) | -2.0% | -3.3% | -4.7% | -3.3% | -1.3% | 1.5% | 1.6% | -3.4% | -3.5% | -5.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$342.05M totalCargo And Freight$342.05M · 100.0%
Peer comparison
Same SIC group: Deep Sea Foreign Transportation of Freight
Comparing GENCO SHIPPING & TRADING LTD against the 5 most active filers in the same SIC group.
Dividends
$1.15/share trailing 12 months · -3.4% YoY
| Ex-date | Per share |
|---|---|
| May 18, 2026 | $0.3500 |
| Mar 11, 2026 | $0.5000 |
| Nov 17, 2025 | $0.1500 |
| Aug 18, 2025 | $0.1500 |
| May 22, 2025 | $0.1500 |
| Mar 11, 2025 | $0.3000 |
| Nov 18, 2024 | $0.4000 |
| Aug 19, 2024 | $0.3400 |
| May 21, 2024 | $0.4200 |
| Mar 5, 2024 | $0.4100 |
| Nov 21, 2023 | $0.1500 |
| Aug 15, 2023 | $0.1500 |
| May 15, 2023 | $0.1500 |
| Mar 6, 2023 | $0.5000 |
| Nov 18, 2022 | $0.7800 |
| Aug 15, 2022 | $0.5000 |
| May 13, 2022 | $0.7900 |
| Mar 9, 2022 | $0.6700 |
| Nov 12, 2021 | $0.1500 |
| Aug 16, 2021 | $0.1000 |
| May 14, 2021 | $0.0500 |
| Mar 9, 2021 | $0.0200 |
| Nov 16, 2020 | $0.0200 |
| Aug 14, 2020 | $0.0200 |