Genco Shipping & Trading
GNK
27.10
-0.18
-0.66%
Genco Shipping & Trading
US · GNK
#3135 by market cap
Listed 1970
27.10
-0.18
-0.66%
Live - 5344 symbols - heartbeat 215s ago
· 2026-10-08 08:24
Pre-market
27.64
+1.99%
After-hours
27.20
+0.37%
- Market cap
- 1.18B
- P/E (TTM)i
- 29.78
- P/Bi
- 1.33
- EPSi
- -0.10
- Div yieldi
- 4.24%
- 52W posi
- 91%
Reader sentiment
Are you bullish or bearish on GNK?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Fair
- Altman Z-Score is 2.64, in the 1.8-3.0 "grey zone".
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year -19.14% YoY
Margins
- Gross margin
- 13.45%
- Operating margin
- 2.37%
- Net margin
- -1.28%
Key ratios & quality
- Altman Z-Scorei
- 2.64
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 367.52M | 389.50M | 355.56M | 547.13M | 536.93M | 383.83M | 423.02M | 342.05M |
| Gross profit | 84.73M | 31.24M | 35.68M | 226.26M | 196.26M | 68.16M | 116.68M | 46.00M |
| Selling & admin expenses | 23.14M | 24.52M | 21.27M | 24.45M | 25.71M | 28.27M | 29.14M | 30.76M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 53.59M | -842.00K | 7.45M | 196.19M | 167.24M | 35.87M | 77.18M | 8.12M |
| Pretax profit | -32.94M | -55.99M | -225.57M | 182.05M | 159.36M | -12.36M | 76.50M | -4.52M |
| Tax | -- | -- | -- | -- | -- | -- | -- | -- |
| Net profit | -32.94M | -55.99M | -225.57M | 182.05M | 159.36M | -12.36M | 76.50M | -4.52M |
| Basic EPS | -1 | -1 | -5 | 4 | 4 | 0 | 2 | 0 |
| Diluted EPS | -0.86 | -1.34 | -5.38 | 4.27 | 3.70 | -0.30 | 1.75 | -0.10 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 71.27M | 80.94M | 79.92M | 109.92M | 114.43M | 136.41M |
| Gross profit | -951.00K | 5.02M | 11.32M | 30.62M | 24.46M | 43.04M |
| Selling & admin expenses | 7.49M | 7.40M | 7.58M | 8.28M | 8.11M | 7.90M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | -9.77M | -3.61M | 2.47M | 19.03M | 11.76M | 21.01M |
| Pretax profit | -11.96M | -6.81M | -1.08M | 15.33M | 9.58M | 16.74M |
| Tax | -- | -- | -- | -- | -- | -- |
| Net profit | -11.96M | -6.81M | -1.08M | 15.33M | 9.58M | 16.74M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.28 | -0.16 | -0.02 | 0.35 | 0.21 | 0.37 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 270.45M | 223.20M | 247.20M | 174.83M | 125.43M | 157.27M | 97.99M | 109.06M |
| Cash & ST investments | 197.50M | 155.89M | 143.87M | 114.57M | 58.14M | 46.54M | 43.69M | 55.54M |
| Inventory | 29.55M | 27.21M | 21.58M | 24.56M | 21.60M | 26.75M | 22.23M | 25.19M |
| Total assets | 1.63B | 1.53B | 1.23B | 1.20B | 1.17B | 1.14B | 1.06B | 1.14B |
| Total current liabilities | 101.87M | 127.66M | 113.62M | 41.90M | 36.54M | 35.29M | 40.66M | 45.67M |
| Short-term debt | 66.32M | 71.42M | 82.41M | 1.86M | 2.11M | 2.30M | 1.50M | -- |
| Long-term debt | 468.83M | 412.98M | 358.93M | 238.23M | 164.92M | 190.17M | 82.18M | 189.08M |
| Total liabilities | 574,163,000.00 | 550,464,000.00 | 487,815,000.00 | 286,327,000.00 | 205,557,000.00 | 227,256,000.00 | 128,374,000.00 | 240,288,000.00 |
| Total equity | 1.05B | 978.43M | 744.99M | 916.68M | 968.31M | 914.65M | 928.23M | 897.82M |
| Retained earnings | -687.27M | -743.26M | -968.83M | -786.82M | -628.25M | -641.12M | -564.72M | -569.08M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 81.54M | 78.97M | 133.26M | 109.06M | 120.69M | 136.33M |
| Cash & ST investments | 30.24M | 35.44M | 89.95M | 55.54M | 54.77M | 73.59M |
| Inventory | 23.34M | 20.47M | 21.55M | 25.19M | 22.86M | 25.55M |
| Total assets | 1.04B | 1.04B | 1.11B | 1.14B | 1.25B | 1.26B |
| Total current liabilities | 45.60M | 48.55M | 56.36M | 45.67M | 40.52M | 45.89M |
| Short-term debt | 907.00K | 303.00K | -- | -- | -- | -- |
| Long-term debt | 82.67M | 92.97M | 158.48M | 189.08M | 318.88M | 319.51M |
| Total liabilities | 133,879,000.00 | 147,208,000.00 | 220,298,000.00 | 240,288,000.00 | 365,010,000.00 | 371,094,000.00 |
| Total equity | 904.65M | 893.04M | 887.30M | 897.82M | 886.98M | 890.26M |
| Retained earnings | -576.64M | -583.44M | -584.49M | -569.08M | -559.77M | -543.12M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 65.91M | 59.53M | 36.90M | 231.12M | 189.32M | 91.78M | 126.85M | 31.89M |
| Depreciation & amortization | 68.98M | 74.07M | 66.53M | 57.62M | 61.61M | 67.92M | 70.10M | 77.34M |
| Free cash flow | -177.43M | 9.10M | 16.86M | 113.66M | 133.28M | -2.23M | 70.17M | -60.55M |
| Dividends paid | 0 | -20.88M | -9.85M | -13.46M | -115.73M | -40.91M | -67.51M | -32.81M |
| Stock buybacks / issuance | 110.25M | -- | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 202.76M | 162.25M | 179.68M | 120.53M | 64.10M | 46.86M | 44.01M | 55.54M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 2.90M | 5.40M | 7.69M | 15.90M | 15.69M | 33.25M |
| Depreciation & amortization | 18.00M | 18.47M | 19.64M | 21.24M | 21.14M | 22.47M |
| Free cash flow | -595.00K | 1.37M | -3.41M | -57.92M | -118.56M | 23.19M |
| Dividends paid | -13.43M | -6.44M | -6.45M | -6.49M | -22.60M | -15.25M |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 30.56M | 35.75M | 89.95M | 55.54M | 54.77M | 73.59M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -3.25 | -5.51 | -26.18 | 21.91 | 16.83 | -1.37 | 8.30 | -0.48 |
| ROA %i | -2.09 | -3.55 | -16.34 | 14.94 | 13.34 | -1.11 | 6.95 | -0.40 |
| ROIC %i | -0.24 | -1.84 | -15.31 | 16.38 | 14.30 | -0.60 | 7.92 | 0.61 |
| 5-year avg ROE %i | -- | -10.95 | -12.56 | -3.85 | 0.76 | 1.14 | 3.90 | 9.04 |
| EBIT margin %i | 0.04 | -6.17 | -57.14 | 36.08 | 31.37 | -0.93 | 21.23 | 2.26 |
| FCF / sales %i | -- | 2.34 | 4.74 | 20.77 | 24.82 | -- | 16.59 | -- |
| Current ratioi | 2.65 | 1.75 | 2.18 | 4.17 | 3.43 | 4.46 | 2.41 | 2.39 |
| Quick ratioi | 2.17 | 1.34 | 1.40 | 3.27 | 2.32 | 1.86 | 1.62 | 1.55 |
| Debt / assetsi | 32.88 | 32.33 | 36.45 | 20.47 | 14.58 | 17.01 | 8.44 | 17.10 |
| LT debt / equityi | 44.51 | 43.21 | 49.26 | 26.67 | 17.47 | 21.02 | 9.46 | 21.71 |
| Interest coveragei | 0.00 | -0.75 | -9.06 | 12.85 | 18.52 | -0.41 | 6.75 | 0.63 |
| Revenue CAGR (3Y) %i | 33.65 | 42.16 | 19.24 | 14.18 | 11.29 | 2.58 | -8.22 | -13.96 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -25.13 | -- |
| FCF CAGR (3Y) %i | -- | -- | -10.51 | -- | 144.65 | -- | -14.85 | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 5.02 | 1.70 | -0.78 | -0.48 | 1.89 | 4.53 |
| ROA %i | 4.24 | 1.47 | -0.66 | -0.40 | 1.47 | 3.50 |
| ROIC %i | 5.08 | 2.19 | 0.23 | 0.61 | 2.21 | 4.49 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 15.23 | 7.47 | 1.13 | 2.26 | 8.11 | 13.15 |
| FCF / sales %i | 10.22 | 3.55 | -- | -- | -- | -- |
| Current ratioi | 1.79 | 1.63 | 2.36 | 2.39 | 2.98 | 2.97 |
| Quick ratioi | 1.06 | 1.02 | 1.84 | 1.55 | 1.85 | 2.19 |
| Debt / assetsi | 8.59 | 9.51 | 14.80 | 17.10 | 25.92 | 25.78 |
| LT debt / equityi | 9.77 | 11.07 | 18.51 | 21.71 | 36.65 | 36.60 |
| Interest coveragei | 4.86 | 2.40 | 0.34 | 0.63 | 2.20 | 3.33 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Lead segment, long tail
- Major Bulk is the largest reported line at 59.93% of revenue, across 2 reported segments.
- Minor Bulk follows at 40.07%, so the top line still matters most but isn’t the whole story.
Revenue breakdown most recent period
Business
Major Bulk59.93%
Minor Bulk40.07%
Quote time 2026-10-08 08:24:06 · For reference only, not investment advice and not tailored to your situation.