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Genco Shipping & Trading (GNK) Financials

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$24.24 +0.93 (+3.97%)
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Annual Income Statements for Genco Shipping & Trading

Annual Income Statements for Genco Shipping & Trading

This table shows Genco Shipping & Trading's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -195 -218 -59 -33 -56 -226 182 159 -13 76 -4.37
Consolidated Net Income / (Loss)		 -254 -218 -88 -66 -56 -226 182 159 -12 76 -4.52
Net Income / (Loss) Continuing Operations		 -254 -218 -88 -66 -56 -226 182 159 -12 76 -4.52
Total Pre-Tax Income 		-253 -217 -59 -33 -56 -226 182 159 -12 76 -4.52
Total Operating Income		 -193 -186 -30 0.52 -28 -203 201 167 -5.85 87 7.47
Total Gross Profit		 2.73 -0.21 202 358 366 338 505 510 371 409 331
Total Revenue		 154 136 210 368 389 356 547 537 384 423 342
Operating Revenue		 154 136 210 368 389 356 547 537 384 423 342
Total Cost of Revenue		 151 136 7.66 9.53 24 17 42 27 13 14 11
Operating Cost of Revenue		 151 136 7.66 9.53 24 17 42 27 13 14 11
Total Operating Expenses		 196 186 232 357 394 542 304 343 377 322 323
Selling, General & Admin Expense		 75 45 22 23 25 21 24 26 28 35 33
Depreciation Expense		 80 76 72 69 73 65 56 60 66 69 76
Other Operating Expenses / (Income)		 1.21 -0.96 123 212 269 244 228 257 240 229 214
Impairment Charge		 40 69 22 57 27 209 0.00 0.00 42 6.60 0.65
Other Special Charges / (Income)		 - -3.56 -7.71 -3.51 0.17 1.86 -4.92 0.00 0.00 -16 0.00
Total Other Income / (Expense), net		 -60 -31 -29 -33 -28 -22 -19 -7.87 -6.51 -11 -12
Interest Expense		 20 28 30 38 32 22 20 9.09 8.78 13 13
Interest & Investment Income		 -38 -2.49 1.55 3.80 4.10 1.03 0.15 1.04 2.67 2.98 1.48
Other Income / (Expense), net		 -1.88 0.37 -0.16 0.37 0.28 -0.85 0.54 0.18 -0.40 -0.23 -0.53
Net Income / (Loss) Attributable to Noncontrolling Interest		 -59 - - - 0.00 0.00 0.04 0.79 0.51 0.10 -0.15
Basic Earnings per Share		 ($29.61) ($30.03) ($1.71) ($0.86) ($1.34) ($5.38) $4.33 $3.74 ($0.30) $1.77 ($0.10)
Weighted Average Basic Shares Outstanding		 6.58M 7.25M 34.24M 38.38M 41.76M 41.91M 42.06M 42.41M 42.77M 43.05M 43.37M
Diluted Earnings per Share		 ($29.61) ($30.03) ($1.71) ($0.86) ($1.34) ($5.38) $4.27 $3.70 ($0.30) $1.75 ($0.10)
Weighted Average Diluted Shares Outstanding		 6.58M 7.25M 34.24M 38.38M 41.76M 41.91M 42.59M 42.92M 42.77M 43.65M 43.37M
Weighted Average Basic & Diluted Shares Outstanding		 6.60M 7.30M 34.30M 41.65M 41.75M 41.80M 41.96M 42.33M 42.73M 42.76M 43.32M
Cash Dividends to Common per Share		 - - - - $0.50 $0.24 $0.32 $2.74 $0.95 $1.57 $0.75

Quarterly Income Statements for Genco Shipping & Trading

This table shows Genco Shipping & Trading's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 -32 4.94 19 23 21 13 -12 -6.80 -1.05 15 9.31
Consolidated Net Income / (Loss)		 -32 5.11 19 23 22 12 -12 -6.81 -1.08 15 9.58
Net Income / (Loss) Continuing Operations		 -32 5.11 19 23 22 12 -12 -6.81 -1.08 15 9.58
Total Pre-Tax Income 		-32 5.11 19 23 22 12 -12 -6.81 -1.08 15 9.58
Total Operating Income		 -30 7.04 22 26 24 15 -9.77 -4.26 2.47 19 13
Total Gross Profit		 80 110 114 105 98 93 68 78 79 107 108
Total Revenue		 83 116 117 107 99 99 71 81 80 110 114
Operating Revenue		 83 116 117 107 99 99 71 81 80 110 114
Total Cost of Revenue		 3.00 5.45 3.51 2.46 1.27 6.48 3.61 3.27 1.37 2.91 6.86
Operating Cost of Revenue		 3.00 5.45 3.51 2.46 1.27 6.48 3.61 3.27 1.37 2.91 6.86
Total Operating Expenses		 111 103 92 78 74 78 77 82 76 88 94
Selling, General & Admin Expense		 6.59 7.00 9.47 10 6.83 8.32 7.49 7.40 7.58 10 12
Depreciation Expense		 17 17 17 17 17 18 18 18 19 21 21
Other Operating Expenses / (Income)		 59 66 64 59 54 52 52 56 49 57 63
Impairment Charge		 28 - - 5.63 0.96 - 0.00 0.65 0.00 - 0.53
Other Special Charges / (Income)		 0.00 - 0.98 -13 -4.47 0.23 0.00 0.00 0.00 - -2.08
Total Other Income / (Expense), net		 -1.51 -1.93 -3.15 -2.82 -2.46 -2.12 -2.19 -2.55 -3.55 -3.70 -3.74
Interest Expense		 2.00 2.62 4.04 3.45 2.97 2.84 2.55 2.56 3.83 4.00 4.50
Interest & Investment Income		 0.59 0.79 0.82 0.72 0.75 0.68 0.37 0.24 0.39 0.48 0.67
Other Income / (Expense), net		 -0.10 -0.10 0.07 -0.09 -0.24 0.03 -0.01 -0.23 -0.10 -0.18 0.10
Net Income / (Loss) Attributable to Noncontrolling Interest		 0.14 0.17 0.15 0.03 0.12 -0.19 -0.04 -0.01 -0.03 -0.08 0.27
Basic Earnings per Share		 ($0.75) $0.12 $0.44 $0.54 $0.50 $0.29 ($0.28) ($0.16) ($0.02) $0.36 $0.21
Weighted Average Basic Shares Outstanding		 42.82M 42.77M 42.92M 43.07M 43.11M 43.05M 43.20M 43.35M 43.41M 43.37M 43.71M
Diluted Earnings per Share		 ($0.75) $0.12 $0.43 $0.54 $0.49 $0.29 ($0.28) ($0.16) ($0.02) $0.36 $0.21
Weighted Average Diluted Shares Outstanding		 42.82M 42.77M 43.61M 43.66M 43.66M 43.65M 43.20M 43.35M 43.41M 43.37M 44.41M
Weighted Average Basic & Diluted Shares Outstanding		 42.54M 42.73M 42.75M 42.76M 42.76M 42.76M 42.96M 42.96M 43.24M 43.32M 43.58M
Cash Dividends to Common per Share		 $0.15 $0.15 $0.41 $0.42 $0.34 $0.40 $0.30 $0.15 $0.15 $0.15 $0.50

Annual Cash Flow Statements for Genco Shipping & Trading

This table details how cash moves in and out of Genco Shipping & Trading's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 28 28 36 -2.19 -41 17 -59 -56 -17 -2.85 12
Net Cash From Operating Activities		 -56 -52 24 66 60 37 231 189 92 127 32
Net Cash From Continuing Operating Activities		 -56 -52 24 66 60 37 231 189 92 127 32
Net Income / (Loss) Continuing Operations		 -254 -218 -59 -33 -56 -226 182 159 -12 76 -4.52
Consolidated Net Income / (Loss)		 -254 -218 -59 -33 -56 -226 182 159 -12 76 -4.52
Depreciation Expense		 80 76 72 69 73 65 56 60 66 69 76
Amortization Expense		 2.38 2.85 2.33 3.04 3.79 5.26 0.86 3.20 3.44 3.49 3.31
Non-Cash Adjustments To Reconcile Net Income		 109 89 18 53 17 205 -2.43 -22 37 -24 -47
Changes in Operating Assets and Liabilities, net		 6.88 -2.81 -9.39 -26 22 -13 -5.59 -12 -2.92 1.76 4.18
Net Cash From Investing Activities		 -67 25 17 -195 -23 37 -68 -55 -92 48 -92
Net Cash From Continuing Investing Activities		 -67 25 17 -195 -23 37 -68 -55 -92 48 -92
Purchase of Property, Plant & Equipment		 -0.77 -0.33 -0.29 -1.46 -4.71 -4.58 -1.59 -3.57 -2.71 -3.00 -3.18
Other Investing Activities, net		 -67 15 18 -194 -18 42 -66 -51 -89 51 -88
Net Cash From Financing Activities		 151 55 -5.60 127 -77 -57 -223 -191 -17 -178 71
Net Cash From Continuing Financing Activities		 149 55 -5.60 127 -77 -57 -223 -191 -17 -178 71
Repayment of Debt		 0.00 -466 -3.16 -550 -78 -82 -559 -75 -251 -130 -21
Payment of Dividends		 - - - 0.00 -21 -9.85 -13 -116 -41 -68 -33
Issuance of Debt		 456 - - 568 22 35 350 0.00 275 20 125

Quarterly Cash Flow Statements for Genco Shipping & Trading

This table details how cash moves in and out of Genco Shipping & Trading's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 -1.68 -5.36 1.82 -6.33 4.63 -2.98 -13 5.20 54 -34 -0.77
Net Cash From Operating Activities		 13 40 32 29 36 30 2.90 5.40 7.69 16 16
Net Cash From Continuing Operating Activities		 13 40 32 29 36 30 2.90 5.40 7.69 16 16
Net Income / (Loss) Continuing Operations		 -32 5.11 19 23 22 12 -12 -6.81 -1.08 15 9.58
Consolidated Net Income / (Loss)		 -32 5.11 19 23 22 12 -12 -6.81 -1.08 15 9.58
Depreciation Expense		 17 17 17 17 17 18 18 18 19 21 21
Amortization Expense		 0.91 0.89 0.91 0.87 0.88 0.83 0.83 0.84 0.94 0.71 0.71
Non-Cash Adjustments To Reconcile Net Income		 27 15 0.28 -9.99 -11 -2.64 -9.90 -17 -20 -0.75 -5.93
Changes in Operating Assets and Liabilities, net		 0.20 2.07 -5.11 -2.44 7.72 1.59 6.28 10 8.17 -21 -9.71
Net Cash From Investing Activities		 0.24 -88 17 48 8.60 -26 -2.92 -3.75 -11 -74 -123
Net Cash From Continuing Investing Activities		 0.24 -88 17 48 8.60 -26 -2.92 -3.75 -11 -74 -123
Purchase of Property, Plant & Equipment		 -0.37 -0.54 -0.24 -1.14 -0.89 -0.73 -0.65 -1.07 -1.16 -0.30 -0.41
Other Investing Activities, net		 0.61 -88 18 49 9.48 -25 -2.26 -2.67 -9.94 -74 -123
Net Cash From Financing Activities		 -15 43 -48 -83 -40 -7.10 -13 3.54 58 24 107
Net Cash From Continuing Financing Activities		 -15 43 -48 -83 -40 -7.10 -13 3.54 58 24 107
Repayment of Debt		 -8.75 -225 -30 -65 -25 -10 0.00 -0.02 -21 -0.01 -4.83
Payment of Dividends		 -6.38 -6.40 -18 -18 -15 -17 -13 -6.44 -6.45 -6.49 -23
Issuance of Debt		 - - 0.00 - - - 0.00 10 85 30 134

Annual Balance Sheets for Genco Shipping & Trading

This table presents Genco Shipping & Trading's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 1,715 1,569 1,521 1,627 1,529 1,233 1,203 1,174 1,142 1,057 1,138
Total Current Assets		 173 173 217 270 223 247 175 125 157 98 109
Cash & Equivalents		 121 133 174 197 156 144 115 58 47 44 56
Accounts Receivable		 11 10 13 22 14 13 20 25 18 21 14
Inventories, net		 - - 15 30 27 22 25 22 27 22 25
Prepaid Expenses		 21 16 7.34 10 10 11 9.94 8.40 10 10 14
Other Current Nonoperating Assets		 - 4.84 - 5.70 10 22 - 0.00 55 - 0.00
Plant, Property, & Equipment, net		 1,526 1,368 1,280 1,357 1,297 978 1,003 1,044 982 7.18 1,009
Total Noncurrent Assets		 16 28 24 0.32 8.56 7.20 26 4.82 2.94 951 20
Other Noncurrent Operating Assets		 0.51 0.51 0.51 - 8.24 6.88 25 4.50 2.63 951 20
Total Liabilities & Shareholders' Equity		 1,715 1,569 1,521 1,627 1,529 1,233 1,203 1,174 1,142 1,057 1,138
Total Liabilities		 609 539 546 574 550 488 286 206 227 128 240
Total Current Liabilities		 608 29 52 102 128 114 42 37 35 41 46
Accounts Payable		 27 23 23 29 50 23 30 29 24 34 37
Current Deferred Revenue		 1.06 1.49 4.72 6.40 6.63 8.42 10 4.96 8.75 4.67 8.83
Total Noncurrent Liabilities		 1.15 510 493 472 423 374 244 169 192 88 195
Long-Term Debt		 - 508 491 469 413 359 238 165 190 82 189
Other Noncurrent Operating Liabilities		 - - - - 9.83 8.06 6.20 4.10 1.80 5.54 5.54
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 1,106 1,030 975 1,053 978 745 917 968 915 928 898
Total Preferred & Common Equity		 1,106 1,030 975 1,053 978 745 917 967 913 927 896
Total Common Equity		 1,106 909 975 1,053 978 745 917 967 913 927 896
Common Stock		 1,483 1,504 1,629 1,741 1,722 1,714 1,703 1,589 1,554 1,491 1,466
Retained Earnings		 -377 -595 -654 -687 -743 -969 -787 -628 -641 -565 -569
Noncontrolling Interest		 - - - - - 0.00 0.09 0.88 1.39 1.49 1.34

Quarterly Balance Sheets for Genco Shipping & Trading

This table presents Genco Shipping & Trading's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets		 1,206 1,144 1,135 1,095 1,118 1,058 1,044 1,039 1,040 1,108 1,252
Total Current Assets		 146 107 111 112 146 136 127 82 79 133 121
Cash & Equivalents		 66 44 48 46 48 42 47 30 35 90 55
Accounts Receivable		 26 17 20 20 22 30 20 18 14 14 20
Inventories, net		 32 25 23 28 31 24 25 23 20 22 23
Prepaid Expenses		 11 10 10 10 9.08 8.30 11 9.43 8.65 7.82 14
Other Current Assets		 5.72 5.05 4.03 2.37 0.00 0.00 0.00 - 0.00 - 8.59
Plant, Property, & Equipment, net		 8.13 1,003 8.13 980 969 920 915 7.23 910 962 1,075
Total Noncurrent Assets		 1,052 34 1,017 3.31 2.58 2.20 1.83 950 51 5.35 57
Other Noncurrent Operating Assets		 1,052 34 1,016 2.99 2.26 1.89 1.52 950 51 5.35 57
Total Liabilities & Shareholders' Equity		 1,206 1,144 1,135 1,095 1,118 1,058 1,044 1,039 1,040 1,108 1,252
Total Liabilities		 233 194 180 179 201 135 113 134 147 220 365
Total Current Liabilities		 55 34 29 36 39 38 41 46 49 56 41
Accounts Payable		 39 27 19 27 31 28 33 39 45 52 35
Current Deferred Revenue		 14 5.03 7.95 6.53 5.68 7.57 5.89 5.35 3.56 4.70 5.98
Total Noncurrent Liabilities		 178 160 151 142 162 97 72 88 99 164 324
Long-Term Debt		 173 157 148 140 161 96 72 83 93 158 319
Other Noncurrent Operating Liabilities		 4.65 3.53 2.96 2.39 1.21 0.61 0.00 5.62 5.69 5.46 5.62
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 973 950 955 916 917 923 932 905 893 887 887
Total Preferred & Common Equity		 972 948 954 915 915 922 930 903 892 886 885
Total Common Equity		 972 948 954 915 915 922 930 903 892 886 885
Common Stock		 1,622 1,569 1,564 1,559 1,537 1,521 1,507 1,480 1,475 1,470 1,445
Retained Earnings		 -657 -626 -614 -646 -622 -599 -577 -577 -583 -584 -560
Noncontrolling Interest		 0.73 1.10 1.08 1.22 1.54 1.56 1.68 1.45 1.44 1.41 1.60

Annual Metrics And Ratios for Genco Shipping & Trading

This table displays calculated financial ratios and metrics derived from Genco Shipping & Trading's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
DEI Shares Outstanding		 72,898,234.00 7,354,449.00 34,532,004.00 41,644,470.00 41,754,413.00 - 41,924,597.00 42,327,181.00 42,538,665.00 42,757,895.00 43,243,165.00
DEI Adjusted Shares Outstanding		 7,289,823.00 7,354,449.00 34,532,004.00 41,644,470.00 41,754,413.00 - 41,924,597.00 42,327,181.00 42,538,665.00 42,757,895.00 43,243,165.00
DEI Earnings Per Adjusted Shares Outstanding		 -26.74 -29.61 -1.70 -0.79 -1.34 - 4.34 3.75 -0.30 1.79 -0.10
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 0.00% -11.93% 54.66% 75.26% 5.98% -8.71% 53.88% -1.86% -28.52% 10.21% -19.14%
EBITDA Growth		 0.00% 5.22% 141.45% 64.46% -33.48% -378.67% 293.44% -10.80% -72.42% 149.71% -45.60%
EBIT Growth		 0.00% 4.44% 84.00% 102.97% -3,285.16% -626.00% 198.76% -16.98% -103.73% 1,490.60% -92.01%
NOPAT Growth		 0.00% 3.31% 84.12% 101.74% -5,604.46% -615.90% 241.30% -16.84% -102.45% 2,226.83% -93.99%
Net Income Growth		 0.00% 14.39% 59.66% 24.41% -25.86% -196.54% 180.70% -12.46% -107.75% 719.10% -105.90%
EPS Growth		 0.00% -1.42% 94.31% 49.71% -55.81% -301.49% 179.37% -13.35% -108.11% 683.33% -105.71%
Operating Cash Flow Growth		 0.00% 6.74% 146.02% 173.80% -9.68% -38.02% 526.41% -18.08% -51.52% 38.20% -74.86%
Free Cash Flow Firm Growth		 0.00% 0.00% 114.89% -250.39% 175.94% 97.72% -8.89% -11.22% -52.81% 97.01% -148.50%
Invested Capital Growth		 0.00% -10.45% -6.09% 7.35% -6.62% -22.02% 5.28% 3.36% -6.23% -3.60% 6.72%
Revenue Q/Q Growth		 0.00% 7.05% 17.37% 11.28% -0.89% -3.58% 19.11% -9.49% -2.90% -3.71% 3.24%
EBITDA Q/Q Growth		 0.00% 13.95% 159.92% 30.97% -27.70% -111.89% 137.73% -20.51% -26.23% 5.76% 9.50%
EBIT Q/Q Growth		 0.00% 9.62% 48.40% 105.80% -193.12% -50.64% 326.61% -27.33% -136.40% 9.73% 154.83%
NOPAT Q/Q Growth		 0.00% 9.24% 49.14% 103.33% -184.34% -51.04% 329.92% -27.18% -122.88% 9.53% 145.48%
Net Income Q/Q Growth		 0.00% 10.07% -1.66% 14.62% 2.86% -35.49% 621.46% -28.03% -208.74% 10.68% 38.68%
EPS Q/Q Growth		 0.00% 10.14% 31.87% 26.50% -83.56% -42.71% 662.50% -28.16% -215.38% 10.76% 41.18%
Operating Cash Flow Q/Q Growth		 0.00% 16.44% 998.51% 3.42% 16.06% -21.13% 48.28% -24.14% 4.25% -7.05% -30.65%
Free Cash Flow Firm Q/Q Growth		 -100.00% 342.77% 19.12% 16.95% -15.66% 34.51% 24.14% -32.81% -28.95% -18.93% -286.42%
Invested Capital Q/Q Growth		 -0.03% -2.03% -1.41% -1.87% -1.98% -9.89% -0.71% -0.48% -0.16% 3.72% 8.64%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 1.78% -0.15% 96.35% 97.41% 93.90% 95.14% 92.33% 94.95% 96.57% 96.76% 96.74%
EBITDA Margin		 -73.27% -78.86% 21.14% 19.83% 12.45% -38.00% 47.29% 42.99% 16.59% 37.58% 25.28%
Operating Margin		 -125.27% -137.53% -14.12% 0.14% -7.29% -57.19% 36.76% 31.15% -1.52% 20.58% 2.18%
EBIT Margin		 -126.49% -137.26% -14.20% 0.24% -7.22% -57.43% 36.86% 31.18% -1.63% 20.52% 2.03%
Profit (Net Income) Margin		 -165.22% -160.60% -41.89% -18.07% -21.46% -69.70% 33.27% 29.68% -3.22% 18.08% -1.32%
Tax Burden Percent		 100.72% 100.33% 149.57% 201.57% 149.27% 109.86% 100.00% 100.00% 100.00% 100.00% 100.00%
Interest Burden Percent		 129.68% 116.63% 197.20% -3,730.46% 199.06% 110.47% 90.28% 95.19% 197.92% 88.11% -65.07%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 -8.83% -9.01% -1.56% 0.03% -1.49% -12.41% 19.94% 15.90% -0.40% 8.84% 0.52%
ROIC Less NNEP Spread (ROIC-NNEP)		 -37.08% -31.92% -22.22% -20.93% -21.49% -49.42% 9.21% 8.69% -9.15% -7.90% -10.83%
Return on Net Nonoperating Assets (RNNOA)		 -14.17% -11.38% -7.20% -6.57% -6.74% -16.35% 1.97% 1.01% -0.92% -0.54% -1.02%
Return on Equity (ROE)		 -23.00% -20.39% -8.76% -6.55% -8.23% -28.76% 21.91% 16.91% -1.31% 8.30% -0.49%
Cash Return on Invested Capital (CROIC)		 0.00% 2.01% 4.72% -7.07% 5.36% 12.33% 14.80% 12.60% 6.04% 12.51% -5.98%
Operating Return on Assets (OROA)		 -11.23% -11.34% -1.93% 0.06% -1.78% -14.79% 16.56% 14.09% -0.54% 7.90% 0.63%
Return on Assets (ROA)		 -14.67% -13.26% -5.69% -4.22% -5.30% -17.95% 14.95% 13.41% -1.07% 6.96% -0.41%
Return on Common Equity (ROCE)		 -20.62% -19.24% -8.23% -6.55% -8.23% -28.76% 21.91% 16.90% -1.31% 8.29% -0.49%
Return on Equity Simple (ROE_SIMPLE)		 -23.00% -21.15% -9.01% -6.30% -8.54% -33.26% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -135 -131 -21 0.36 -20 -142 201 167 -4.09 87 5.23
NOPAT Margin		 -87.69% -96.27% -9.89% 0.10% -5.10% -40.03% 36.76% 31.15% -1.07% 20.58% 1.53%
Net Nonoperating Expense Percent (NNEP)		 28.25% 22.90% 20.66% 20.96% 20.00% 37.00% 10.74% 7.21% 8.76% 16.75% 11.35%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - 17.41% 14.76% -0.37% 8.62% 0.48%
Cost of Revenue to Revenue		 98.22% 100.15% 3.65% 2.59% 6.10% 4.86% 7.67% 5.05% 3.43% 3.24% 3.26%
SG&A Expenses to Revenue		 48.68% 33.32% 10.58% 6.30% 6.29% 5.98% 4.47% 4.79% 7.36% 8.24% 9.56%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 127.05% 137.38% 110.47% 97.27% 101.20% 152.33% 55.57% 63.80% 98.10% 76.18% 94.55%
Earnings before Interest and Taxes (EBIT)		 -195 -186 -30 0.88 -28 -204 202 167 -6.24 87 6.94
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -113 -107 44 73 48 -135 259 231 64 159 86
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.08 0.05 0.43 0.26 0.44 0.41 0.51 0.54 0.66 0.60 0.87
Price to Tangible Book Value (P/TBV)		 0.08 0.05 0.43 0.26 0.44 0.41 0.51 0.54 0.66 0.60 0.87
Price to Revenue (P/Rev)		 0.58 0.36 2.00 0.75 1.09 0.86 0.85 0.98 1.57 1.31 2.28
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 2.57 3.31 0.00 7.25 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 4.90% 3.21% 2.87% 22.07% 6.69% 12.12% 4.16%
Earnings Yield		 -217.00% -444.40% -14.04% -11.88% -13.14% -73.51% 38.95% 30.17% 0.00% 13.80% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.34 0.40 0.59 0.44 0.58 0.56 0.57 0.59 0.75 0.61 0.89
Enterprise Value to Revenue (EV/Rev)		 3.35 3.99 3.59 1.66 1.92 1.59 1.07 1.17 1.95 1.40 2.67
Enterprise Value to EBITDA (EV/EBITDA)		 0.00 0.00 16.97 8.37 15.40 0.00 2.26 2.72 11.77 3.73 10.57
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 0.00 690.83 0.00 0.00 2.90 3.75 0.00 6.83 131.70
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 0.00 1,688.81 0.00 0.00 2.91 3.75 0.00 6.82 174.77
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 31.24 9.26 12.55 15.37 2.53 3.31 8.17 4.68 28.66
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 18.57 12.01 0.00 10.44 4.01 3.92 4.74 11.99 4.82 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.52 0.50 0.53 0.51 0.49 0.59 0.26 0.17 0.21 0.09 0.21
Long-Term Debt to Equity		 0.00 0.49 0.50 0.45 0.42 0.48 0.26 0.17 0.21 0.09 0.21
Financial Leverage		 0.38 0.36 0.32 0.31 0.31 0.33 0.21 0.12 0.10 0.07 0.09
Leverage Ratio		 1.45 1.54 1.54 1.55 1.55 1.60 1.47 1.26 1.23 1.19 1.20
Compound Leverage Factor		 1.87 1.79 3.04 -57.91 3.09 1.77 1.32 1.20 2.43 1.05 -0.78
Debt to Total Capital		 34.36% 33.25% 34.58% 33.69% 33.04% 37.11% 20.63% 14.55% 17.21% 8.13% 17.40%
Short-Term Debt to Total Capital		 34.36% 0.30% 1.64% 4.18% 4.77% 6.81% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 32.96% 32.94% 29.51% 28.26% 30.30% 20.63% 14.55% 17.21% 8.13% 17.40%
Preferred Equity to Total Capital		 0.00% 7.83% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.08% 0.13% 0.15% 0.12%
Common Equity to Total Capital		 65.64% 58.92% 65.42% 66.31% 66.96% 62.89% 79.36% 85.37% 82.66% 91.72% 82.48%
Debt to EBITDA		 -5.13 -4.80 11.63 7.34 9.96 -3.25 0.92 0.71 2.99 0.52 2.19
Net Debt to EBITDA		 -3.78 -3.47 7.53 4.56 6.62 -1.93 0.46 0.44 2.26 0.24 1.54
Long-Term Debt to EBITDA		 0.00 -4.76 11.08 6.43 8.52 -2.66 0.92 0.71 2.99 0.52 2.19
Debt to NOPAT		 -4.29 -3.93 -24.86 1,481.58 -24.28 -3.09 1.18 0.99 -46.46 0.94 36.16
Net Debt to NOPAT		 -3.16 -2.85 -16.10 921.10 -16.13 -1.83 0.59 0.60 -35.09 0.44 25.54
Long-Term Debt to NOPAT		 0.00 -3.90 -23.68 1,297.97 -20.77 -2.52 1.18 0.99 -46.46 0.94 36.16
Altman Z-Score		 -0.81 -0.67 0.06 0.05 0.05 -0.85 1.20 1.80 1.26 2.58 1.63
Noncontrolling Interest Sharing Ratio		 10.36% 5.66% 6.03% 0.00% 0.00% 0.00% 0.01% 0.05% 0.12% 0.16% 0.15%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 0.28 5.96 4.14 2.65 1.75 2.18 4.17 3.43 4.46 2.41 2.39
Quick Ratio		 0.22 4.97 3.57 2.16 1.33 1.38 3.21 2.28 1.82 1.60 1.53
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 0.00 29 63 -94 72 141 149 132 63 123 -60
Operating Cash Flow to CapEx		 -7,283.90% -15,898.78% 8,300.34% 4,508.00% 1,262.75% 805.59% 14,581.64% 5,309.11% 3,390.62% 4,229.71% 1,002.20%
Free Cash Flow to Firm to Interest Expense		 0.00 1.02 2.05 -2.50 2.24 6.31 7.55 14.57 7.12 9.26 -4.62
Operating Cash Flow to Interest Expense		 -2.80 -1.84 0.79 1.75 1.86 1.65 11.69 20.82 10.45 9.54 2.46
Operating Cash Flow Less CapEx to Interest Expense		 -2.84 -1.85 0.78 1.71 1.72 1.44 11.61 20.43 10.15 9.31 2.22
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.09 0.08 0.14 0.23 0.25 0.26 0.45 0.45 0.33 0.38 0.31
Accounts Receivable Turnover		 12.16 12.94 18.06 20.91 21.63 26.64 33.05 23.63 17.79 21.59 19.18
Inventory Turnover		 0.00 0.00 0.00 0.42 0.84 0.71 1.82 1.18 0.54 0.56 0.47
Fixed Asset Turnover		 0.10 0.09 0.16 0.28 0.29 0.31 0.55 0.52 0.38 0.86 0.67
Accounts Payable Turnover		 5.43 5.39 0.33 0.36 0.60 0.48 1.59 0.91 0.49 0.47 0.31
Days Sales Outstanding (DSO)		 30.02 28.21 20.22 17.46 16.87 13.70 11.04 15.45 20.52 16.91 19.03
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 859.11 436.20 515.66 200.60 310.54 670.71 651.94 775.76
Days Payable Outstanding (DPO)		 67.20 67.67 1,098.84 1,002.52 605.21 765.14 229.31 399.78 745.20 781.76 1,166.96
Cash Conversion Cycle (CCC)		 -37.18 -39.46 -1,078.62 -125.95 -152.14 -235.78 -17.66 -73.80 -53.98 -112.91 -372.18
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,528 1,369 1,285 1,380 1,289 1,005 1,034 1,069 1,003 966 1,031
Invested Capital Turnover		 0.10 0.09 0.16 0.28 0.29 0.31 0.54 0.51 0.37 0.43 0.34
Increase / (Decrease) in Invested Capital		 0.00 -160 -83 95 -91 -284 52 35 -67 -36 65
Enterprise Value (EV)		 516 541 752 610 747 567 585 628 749 593 914
Market Capitalization		 90 49 418 277 426 307 467 526 604 554 779
Book Value per Share		 $168.00 $125.35 $28.43 $27.44 $23.43 $17.78 $21.86 $22.86 $21.47 $21.67 $20.73
Tangible Book Value per Share		 $168.00 $125.35 $28.43 $27.44 $23.43 $17.78 $21.86 $22.86 $21.47 $21.67 $20.73
Total Capital		 1,685 1,543 1,490 1,588 1,461 1,185 1,155 1,133 1,105 1,010 1,087
Total Debt		 579 513 515 535 483 440 238 165 190 82 189
Total Long-Term Debt		 0.00 508 491 469 413 359 238 165 190 82 189
Net Debt		 426 371 334 333 321 260 118 101 144 38 134
Capital Expenditures (CapEx)		 0.77 0.33 0.29 1.46 4.71 4.58 1.59 3.57 2.71 3.00 3.18
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 3.43 6.59 7.57 32 3.35 35 13 25 75 13 7.86
Debt-free Net Working Capital (DFNWC)		 144 148 189 235 165 214 133 89 122 57 63
Net Working Capital (NWC)		 -435 144 165 169 96 134 133 89 122 57 63
Net Nonoperating Expense (NNE)		 119 87 67 67 64 105 19 7.87 8.26 11 9.74
Net Nonoperating Obligations (NNO)		 423 339 310 327 310 260 118 101 88 38 134
Total Depreciation and Amortization (D&A)		 82 79 74 72 77 69 57 63 70 72 80
Debt-free, Cash-free Net Working Capital to Revenue		 2.23% 4.86% 3.61% 8.83% 0.86% 9.80% 2.32% 4.68% 19.66% 3.15% 2.30%
Debt-free Net Working Capital to Revenue		 93.53% 109.33% 90.27% 63.92% 42.44% 60.25% 24.30% 16.56% 31.78% 13.55% 18.53%
Net Working Capital to Revenue		 -282.56% 105.95% 78.58% 45.87% 24.53% 37.57% 24.30% 16.56% 31.78% 13.55% 18.53%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($29.61) ($30.03) ($1.71) ($0.86) ($1.34) ($5.38) $4.33 $3.74 ($0.30) $1.77 ($0.10)
Adjusted Weighted Average Basic Shares Outstanding		 6.58M 7.25M 34.24M 38.38M 41.76M 41.91M 42.06M 42.41M 42.77M 43.05M 43.37M
Adjusted Diluted Earnings per Share		 ($29.61) ($30.03) ($1.71) ($0.86) ($1.34) ($5.38) $4.27 $3.70 ($0.30) $1.75 ($0.10)
Adjusted Weighted Average Diluted Shares Outstanding		 6.58M 7.25M 34.30M 38.38M 41.76M 41.91M 42.59M 42.92M 42.77M 43.65M 43.37M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 6.60M 7.30M 34.30M 0.00 41.75M 41.80M 41.96M 42.33M 42.73M 42.76M 43.32M
Normalized Net Operating Profit after Tax (NOPAT)		 -107 -85 -11 38 -0.59 5.22 137 117 25 54 5.68
Normalized NOPAT Margin		 -69.55% -62.34% -5.12% 10.21% -0.15% 1.47% 25.10% 21.80% 6.54% 12.77% 1.66%
Pre Tax Income Margin		 -164.04% -160.08% -28.00% -8.96% -14.37% -63.44% 33.27% 29.68% -3.22% 18.08% -1.32%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 -9.72 -6.54 -0.98 0.02 -0.88 -9.11 10.20 18.41 -0.71 6.53 0.54
NOPAT to Interest Expense		 -6.74 -4.59 -0.68 0.01 -0.62 -6.35 10.18 18.39 -0.47 6.55 0.40
EBIT Less CapEx to Interest Expense		 -9.76 -6.55 -0.99 -0.02 -1.03 -9.31 10.12 18.02 -1.02 6.30 0.29
NOPAT Less CapEx to Interest Expense		 -6.78 -4.60 -0.69 -0.03 -0.77 -6.55 10.10 18.00 -0.77 6.32 0.16
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% -24.98% -3.97% 7.40% 72.62% -331.09% 88.25% -726.62%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% -24.98% -3.97% 7.40% 72.62% -331.09% 88.25% -726.62%

Quarterly Metrics And Ratios for Genco Shipping & Trading

This table displays calculated financial ratios and metrics derived from Genco Shipping & Trading's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 42,528,689.00 42,538,665.00 42,538,665.00 42,751,752.00 42,757,895.00 42,757,895.00 42,757,895.00 42,959,464.00 42,959,464.00 43,243,165.00 43,317,810.00
DEI Adjusted Shares Outstanding		 42,528,689.00 42,538,665.00 42,538,665.00 42,751,752.00 42,757,895.00 42,757,895.00 42,757,895.00 42,959,464.00 42,959,464.00 43,243,165.00 43,317,810.00
DEI Earnings Per Adjusted Shares Outstanding		 -0.75 0.12 0.44 0.55 0.50 0.30 -0.28 -0.16 -0.02 0.36 0.21
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 -38.69% -9.02% 24.41% 18.21% 19.16% -14.12% -39.31% -24.39% -19.54% 10.81% 60.56%
EBITDA Growth		 -121.10% -47.99% 92.79% 43.69% 429.76% 35.32% -78.39% -67.25% -45.27% 22.60% 303.69%
EBIT Growth		 -170.77% -77.12% 437.97% 99.39% 178.14% 110.94% -144.15% -117.14% -90.07% 28.80% 237.05%
NOPAT Growth		 -147.03% -77.14% 397.25% 102.00% 213.12% 107.62% -130.96% -111.34% -92.81% 30.31% 294.65%
Net Income Growth		 -177.63% -82.28% 562.34% 103.56% 167.71% 144.49% -163.15% -128.98% -105.00% 22.81% 180.05%
EPS Growth		 -178.95% -82.35% 616.67% 100.00% 165.33% 141.67% -165.12% -129.63% -104.08% 24.14% 175.00%
Operating Cash Flow Growth		 -75.65% 10.43% 64.83% 49.79% 169.12% -24.29% -91.00% -81.40% -78.38% -47.00% 440.73%
Free Cash Flow Firm Growth		 284.53% 1,948.13% 262.77% 188.17% 97.48% -31.12% -66.30% -105.86% -116.44% -190.54% -728.50%
Invested Capital Growth		 -6.53% -6.23% -6.00% -9.88% -7.22% -3.60% -3.59% 0.49% 1.89% 6.72% 20.31%
Revenue Q/Q Growth		 -7.95% 38.57% 1.66% -8.85% -7.21% -0.13% -28.16% 13.57% -1.26% 37.54% 4.10%
EBITDA Q/Q Growth		 -140.72% 295.90% 64.26% 9.67% -6.56% -19.61% -73.76% 66.18% 56.16% 80.07% -13.61%
EBIT Q/Q Growth		 -331.55% 122.79% 219.34% 18.34% -9.26% -38.49% -166.84% 54.06% 152.58% 697.84% -28.88%
NOPAT Q/Q Growth		 -263.10% 133.12% 214.00% 19.11% -8.66% -39.22% -146.82% 56.38% 157.88% 1,002.26% -30.07%
Net Income Q/Q Growth		 -376.09% 116.03% 270.92% 24.02% -8.17% -42.12% -195.80% 43.08% 84.17% 1,522.45% -37.56%
EPS Q/Q Growth		 -377.78% 116.00% 258.33% 25.58% -9.26% -40.82% -196.55% 42.86% 87.50% 1,900.00% -41.67%
Operating Cash Flow Q/Q Growth		 -31.80% 199.73% -18.60% -9.98% 22.53% -15.68% -90.32% 86.11% 42.38% 106.72% -1.29%
Free Cash Flow Firm Q/Q Growth		 8.30% 50.74% 16.05% 52.11% -25.78% -47.42% -43.22% -126.43% -108.33% -189.56% -294.13%
Invested Capital Q/Q Growth		 -4.30% -0.16% -1.01% -4.71% -1.47% 3.72% -1.00% -0.68% -0.10% 8.64% 11.61%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 96.40% 95.28% 97.01% 97.71% 98.72% 93.47% 94.93% 95.96% 98.28% 97.35% 94.01%
EBITDA Margin		 -15.02% 21.24% 34.31% 41.28% 41.57% 33.46% 12.22% 17.88% 28.28% 37.02% 30.72%
Operating Margin		 -36.41% 6.09% 18.81% 24.58% 24.20% 14.73% -13.71% -5.27% 3.09% 17.32% 11.63%
EBIT Margin		 -36.53% 6.01% 18.87% 24.50% 23.96% 14.75% -13.73% -5.55% 2.96% 17.15% 11.72%
Profit (Net Income) Margin		 -38.22% 4.42% 16.13% 21.95% 21.72% 12.59% -16.78% -8.41% -1.35% 13.95% 8.37%
Tax Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Interest Burden Percent		 104.63% 73.60% 85.49% 89.59% 90.67% 85.30% 122.27% 151.51% -45.62% 81.33% 71.41%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 -9.69% 2.26% 7.47% 10.43% 10.98% 6.33% -3.71% -1.36% 0.76% 5.93% 4.25%
ROIC Less NNEP Spread (ROIC-NNEP)		 -20.90% 0.21% 4.01% 5.60% 5.38% 2.96% -11.72% -10.99% -8.27% 1.62% 1.89%
Return on Net Nonoperating Assets (RNNOA)		 -2.10% 0.02% 0.39% 0.35% 0.26% 0.20% -0.82% -0.48% -0.28% 0.15% 0.33%
Return on Equity (ROE)		 -11.79% 2.28% 7.87% 10.78% 11.24% 6.53% -4.53% -1.84% 0.48% 6.08% 4.59%
Cash Return on Invested Capital (CROIC)		 8.47% 6.04% 7.34% 12.91% 15.70% 12.51% 9.32% 2.11% -1.64% -5.98% -15.54%
Operating Return on Assets (OROA)		 -12.55% 1.99% 6.79% 9.46% 9.84% 5.68% -4.80% -1.86% 0.91% 5.35% 3.94%
Return on Assets (ROA)		 -13.13% 1.47% 5.80% 8.47% 8.92% 4.84% -5.87% -2.81% -0.42% 4.35% 2.81%
Return on Common Equity (ROCE)		 -11.78% 2.28% 7.85% 10.77% 11.22% 6.52% -4.53% -1.84% 0.48% 6.07% 4.58%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 -21 7.04 22 26 24 15 -6.84 -2.98 1.73 19 13
NOPAT Margin		 -25.49% 6.09% 18.81% 24.58% 24.20% 14.73% -9.60% -3.69% 2.16% 17.32% 11.63%
Net Nonoperating Expense Percent (NNEP)		 11.20% 2.04% 3.46% 4.84% 5.60% 3.37% 8.01% 9.62% 9.03% 4.31% 2.36%
Return On Investment Capital (ROIC_SIMPLE)		 -2.01% 0.64% 2.05% 2.58% 2.40% 1.45% -0.69% -0.30% 0.17% 1.75% 1.10%
Cost of Revenue to Revenue		 3.60% 4.72% 2.99% 2.29% 1.28% 6.53% 5.07% 4.04% 1.72% 2.65% 5.99%
SG&A Expenses to Revenue		 7.90% 6.06% 8.06% 9.57% 6.88% 8.39% 10.52% 9.14% 9.49% 9.29% 10.43%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 132.81% 89.19% 78.20% 73.12% 74.53% 78.74% 108.64% 101.23% 95.20% 80.04% 82.38%
Earnings before Interest and Taxes (EBIT)		 -30 6.94 22 26 24 15 -9.78 -4.49 2.36 19 13
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -13 25 40 44 41 33 8.71 14 23 41 35
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.55 0.66 0.83 0.88 0.81 0.60 0.60 0.60 0.84 0.87 1.10
Price to Tangible Book Value (P/TBV)		 0.55 0.66 0.83 0.88 0.81 0.60 0.60 0.60 0.84 0.87 1.10
Price to Revenue (P/Rev)		 1.28 1.57 1.86 1.92 1.72 1.31 1.44 1.54 2.24 2.28 2.54
Price to Earnings (P/E)		 46.40 0.00 229.57 53.37 11.02 7.25 11.87 34.98 0.00 0.00 57.92
Dividend Yield		 13.32% 6.69% 4.84% 5.96% 7.46% 12.12% 11.51% 9.48% 5.80% 4.16% 4.21%
Earnings Yield		 2.16% 0.00% 0.44% 1.87% 9.07% 13.80% 8.42% 2.86% 0.00% 0.00% 1.73%
Enterprise Value to Invested Capital (EV/IC)		 0.59 0.75 0.88 0.92 0.84 0.61 0.62 0.63 0.85 0.89 1.08
Enterprise Value to Revenue (EV/Rev)		 1.50 1.95 2.14 2.05 1.78 1.40 1.58 1.70 2.45 2.67 3.23
Enterprise Value to EBITDA (EV/EBITDA)		 6.88 11.77 10.48 8.98 5.21 3.73 4.68 6.12 10.27 10.57 11.00
Enterprise Value to EBIT (EV/EBIT)		 34.61 0.00 73.75 34.86 9.90 6.83 10.86 24.75 297.83 131.70 41.24
Enterprise Value to NOPAT (EV/NOPAT)		 33.18 0.00 73.71 34.55 9.86 6.82 10.80 24.29 380.73 174.77 40.67
Enterprise Value to Operating Cash Flow (EV/OCF)		 6.74 8.17 8.33 7.60 5.74 4.68 6.11 8.09 17.64 28.66 27.81
Enterprise Value to Free Cash Flow (EV/FCFF)		 6.75 11.99 11.57 6.73 5.16 4.82 6.56 29.92 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.15 0.21 0.18 0.10 0.08 0.09 0.09 0.10 0.18 0.21 0.36
Long-Term Debt to Equity		 0.15 0.21 0.18 0.10 0.08 0.09 0.09 0.10 0.18 0.21 0.36
Financial Leverage		 0.10 0.10 0.10 0.06 0.05 0.07 0.07 0.04 0.03 0.09 0.18
Leverage Ratio		 1.22 1.23 1.21 1.17 1.16 1.19 1.18 1.16 1.18 1.20 1.28
Compound Leverage Factor		 1.27 0.91 1.04 1.05 1.05 1.02 1.45 1.75 -0.54 0.98 0.91
Debt to Total Capital		 13.25% 17.21% 14.91% 9.43% 7.14% 8.13% 8.37% 9.43% 15.15% 17.40% 26.44%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 13.25% 17.21% 14.91% 9.43% 7.14% 8.13% 8.37% 9.43% 15.15% 17.40% 26.44%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.12% 0.13% 0.14% 0.15% 0.17% 0.15% 0.15% 0.15% 0.14% 0.12% 0.13%
Common Equity to Total Capital		 86.63% 82.66% 84.94% 90.41% 92.69% 91.72% 91.48% 90.43% 84.71% 82.48% 73.42%
Debt to EBITDA		 1.62 2.99 1.93 1.00 0.48 0.52 0.65 0.95 2.01 2.19 2.82
Net Debt to EBITDA		 1.02 2.26 1.35 0.56 0.17 0.24 0.41 0.59 0.87 1.54 2.34
Long-Term Debt to EBITDA		 1.62 2.99 1.93 1.00 0.48 0.52 0.65 0.95 2.01 2.19 2.82
Debt to NOPAT		 7.83 -46.46 13.61 3.83 0.90 0.94 1.50 3.78 74.40 36.16 10.44
Net Debt to NOPAT		 4.92 -35.09 9.51 2.16 0.31 0.44 0.94 2.32 32.17 25.54 8.64
Long-Term Debt to NOPAT		 7.83 -46.46 13.61 3.83 0.90 0.94 1.50 3.78 74.40 36.16 10.44
Altman Z-Score		 1.22 1.29 2.02 3.42 3.84 2.35 2.03 1.77 1.67 1.67 1.40
Noncontrolling Interest Sharing Ratio		 0.10% 0.12% 0.14% 0.14% 0.16% 0.16% 0.16% 0.17% 0.17% 0.15% 0.17%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 3.08 4.46 3.72 3.59 3.09 2.41 1.79 1.63 2.36 2.39 2.98
Quick Ratio		 1.82 1.82 1.79 1.89 1.63 1.60 1.06 1.02 1.84 1.53 1.85
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 49 74 85 130 96 51 29 -7.61 -16 -46 -181
Operating Cash Flow to CapEx		 3,601.63% 7,363.94% 13,437.92% 2,542.21% 4,014.90% 4,103.15% 445.09% 502.89% 662.93% 5,370.61% 3,874.57%
Free Cash Flow to Firm to Interest Expense		 24.44 28.10 21.16 37.66 32.49 17.89 11.30 -2.98 -4.14 -11.48 -40.24
Operating Cash Flow to Interest Expense		 6.61 15.12 7.98 8.41 11.98 10.58 1.14 2.11 2.01 3.97 3.49
Operating Cash Flow Less CapEx to Interest Expense		 6.43 14.91 7.92 8.08 11.68 10.32 0.88 1.69 1.71 3.90 3.40
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.34 0.33 0.36 0.39 0.41 0.38 0.35 0.33 0.31 0.31 0.34
Accounts Receivable Turnover		 17.42 17.79 21.09 17.15 21.99 21.59 18.80 16.03 19.28 19.18 20.02
Inventory Turnover		 0.43 0.54 0.47 0.61 0.48 0.56 0.51 0.65 0.63 0.47 0.62
Fixed Asset Turnover		 0.80 0.38 0.41 0.91 0.46 0.86 0.77 0.38 0.35 0.67 0.71
Accounts Payable Turnover		 0.39 0.49 0.45 0.61 0.42 0.47 0.39 0.40 0.35 0.31 0.39
Days Sales Outstanding (DSO)		 20.96 20.52 17.31 21.28 16.60 16.91 19.42 22.77 18.93 19.03 18.23
Days Inventory Outstanding (DIO)		 850.48 670.71 781.36 599.63 755.11 651.94 713.18 560.13 575.80 775.76 585.39
Days Payable Outstanding (DPO)		 943.16 745.20 817.91 595.00 868.48 781.76 933.36 906.68 1,048.29 1,166.96 936.18
Cash Conversion Cycle (CCC)		 -71.73 -53.98 -19.25 25.91 -96.77 -112.91 -200.76 -323.78 -453.56 -372.18 -332.56
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,004 1,003 992 946 932 966 957 950 949 1,031 1,151
Invested Capital Turnover		 0.38 0.37 0.40 0.42 0.45 0.43 0.39 0.37 0.35 0.34 0.37
Increase / (Decrease) in Invested Capital		 -70 -67 -63 -104 -72 -36 -36 4.63 18 65 194
Enterprise Value (EV)		 594 749 870 867 784 593 596 598 811 914 1,243
Market Capitalization		 504 604 756 811 757 554 542 539 741 779 977
Book Value per Share		 $21.52 $21.47 $21.32 $21.56 $21.75 $21.67 $21.12 $20.75 $20.62 $20.73 $20.44
Tangible Book Value per Share		 $21.52 $21.47 $21.32 $21.56 $21.75 $21.67 $21.12 $20.75 $20.62 $20.73 $20.44
Total Capital		 1,056 1,105 1,077 1,019 1,003 1,010 987 986 1,046 1,087 1,206
Total Debt		 140 190 161 96 72 82 83 93 158 189 319
Total Long-Term Debt		 140 190 161 96 72 82 83 93 158 189 319
Net Debt		 88 144 112 54 25 38 52 57 69 134 264
Capital Expenditures (CapEx)		 0.37 0.54 0.24 1.14 0.89 0.73 0.65 1.07 1.16 0.30 0.41
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 23 75 59 56 40 13 5.39 -5.33 -13 7.86 25
Debt-free Net Working Capital (DFNWC)		 75 122 107 98 86 57 36 30 77 63 80
Net Working Capital (NWC)		 75 122 107 98 86 57 36 30 77 63 80
Net Nonoperating Expense (NNE)		 11 1.93 3.15 2.82 2.46 2.12 5.12 3.83 2.80 3.70 3.74
Net Nonoperating Obligations (NNO)		 88 88 76 22 0.10 38 52 57 62 134 264
Total Depreciation and Amortization (D&A)		 18 18 18 18 17 19 18 19 20 22 22
Debt-free, Cash-free Net Working Capital to Revenue		 5.92% 19.66% 14.38% 13.23% 9.01% 3.15% 1.43% -1.52% -3.94% 2.30% 6.60%
Debt-free Net Working Capital to Revenue		 19.05% 31.78% 26.27% 23.16% 19.63% 13.55% 9.54% 8.67% 23.21% 18.53% 20.81%
Net Working Capital to Revenue		 19.05% 31.78% 26.27% 23.16% 19.63% 13.55% 9.54% 8.67% 23.21% 18.53% 20.81%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($0.75) $0.12 $0.44 $0.54 $0.50 $0.29 ($0.28) ($0.16) ($0.02) $0.36 $0.21
Adjusted Weighted Average Basic Shares Outstanding		 42.82M 42.77M 42.92M 43.07M 43.11M 43.05M 43.20M 43.35M 43.41M 43.37M 43.71M
Adjusted Diluted Earnings per Share		 ($0.75) $0.12 $0.43 $0.54 $0.49 $0.29 ($0.28) ($0.16) ($0.02) $0.36 $0.21
Adjusted Weighted Average Diluted Shares Outstanding		 42.82M 42.77M 43.61M 43.66M 43.66M 43.65M 43.20M 43.35M 43.41M 43.37M 44.41M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 42.54M 42.73M 42.75M 42.76M 42.76M 42.76M 42.96M 42.96M 43.24M 43.32M 43.58M
Normalized Net Operating Profit after Tax (NOPAT)		 -1.58 4.93 16 13 14 10 -6.84 -2.53 1.73 13 8.23
Normalized NOPAT Margin		 -1.89% 4.26% 13.75% 12.26% 14.47% 10.47% -9.60% -3.12% 2.16% 12.12% 7.20%
Pre Tax Income Margin		 -38.22% 4.42% 16.13% 21.95% 21.72% 12.59% -16.78% -8.41% -1.35% 13.95% 8.37%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 -15.23 2.65 5.48 7.60 8.01 5.16 -3.84 -1.76 0.62 4.71 2.98
NOPAT to Interest Expense		 -10.63 2.68 5.47 7.62 8.09 5.15 -2.68 -1.17 0.45 4.76 2.96
EBIT Less CapEx to Interest Expense		 -15.42 2.44 5.43 7.27 7.71 4.91 -4.09 -2.18 0.31 4.64 2.89
NOPAT Less CapEx to Interest Expense		 -10.81 2.48 5.41 7.29 7.79 4.89 -2.94 -1.59 0.15 4.68 2.87
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 594.22% -331.09% 996.22% 310.33% 82.20% 88.25% 138.31% 336.94% -589.73% -726.62% 246.58%
Augmented Payout Ratio		 594.22% -331.09% 996.22% 310.33% 82.20% 88.25% 138.31% 336.94% -589.73% -726.62% 246.58%

Financials Breakdown Chart

Key Financial Trends

Genco Shipping & Trading (NYSE: GNK) has shown a pattern of solid top-line performance with strong gross margins, but profitability and cash flow have been cyclical in the 2023–2026 window. The company has maintained healthy operating cash flow in recent quarters, supported by debt financing to fund growth and liquidity needs. A notable shift is rising leverage from higher long-term debt and sizable investing outflows, which has influenced free cash flow and discretionary cash usage.

  • In Q1 2026, Consolidated Net Income / Net Income from continuing operations stood at about $9.58 million, signaling a profitable quarter after several softer periods in 2025.
  • Operating cash flow remains solid, with Net Cash From Continuing Operating Activities around $15.69 million in Q1 2026, reflecting healthy cash generation from core operations.
  • The company ended Q1 2026 with about $54.8 million in Cash & Equivalents, supporting liquidity for near-term obligations and strategic flexiblity.
  • Debt financing activity was strong in Q1 2026, featuring an Issuance of Debt of roughly $134.3 million, boosting liquidity for capex and balance sheet management.
  • Operating revenue and gross margins have remained robust, with Q1 2026 revenue near $114.4 million and gross profit around $107.6 million, implying high gross margins in the 90%+ range across recent quarters.
  • Profitability has shown volatility in 2025, including quarters with net losses (e.g., Q1–Q3 2025) before a recovery in Q4 2025 and into 2026, highlighting cyclicality in shipping markets.
  • Balance sheet levels have been relatively stable in the 2023–2026 window, with total assets typically around $1.0–1.25 billion and total equity near $0.9 billion, suggesting a steady but leveraged capital structure.
  • Long-term debt rose meaningfully to about $319 million by Q1 2026, increasing leverage and potential interest cost risk.
  • Investing cash outflows remain sizable, with large outlays in PPE and other investing activities (e.g., significant negatives in 2025 and early 2026), weighing on near-term free cash flow.
  • Financing cash flow has been volatile, with periods of negative net cash from financing activities (e.g., early 2025), signaling an uneven financing pattern and reliance on debt activity to fund operations and investments.
05/28/26 11:17 AM ETAI Generated. May Contain Errors.

Genco Shipping & Trading Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Genco Shipping & Trading's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Genco Shipping & Trading's net income appears to be on a downward trend, with a most recent value of -$4.52 million in 2025, falling from -$254.37 million in 2015. The previous period was $76.50 million in 2024. See Genco Shipping & Trading's forecast for analyst expectations on what's next for the company.

Genco Shipping & Trading's total operating income in 2025 was $7.47 million, based on the following breakdown:
  • Total Gross Profit: $330.90 million
  • Total Operating Expenses: $323.43 million

Over the last 10 years, Genco Shipping & Trading's total revenue changed from $153.96 million in 2015 to $342.05 million in 2025, a change of 122.2%.

Genco Shipping & Trading's total liabilities were at $240.29 million at the end of 2025, a 87.2% increase from 2024, and a 60.5% decrease since 2015.

In the past 10 years, Genco Shipping & Trading's cash and equivalents has ranged from $43.69 million in 2024 to $197.50 million in 2018, and is currently $55.54 million as of their latest financial filing in 2025.

Over the last 10 years, Genco Shipping & Trading's book value per share changed from 168.00 in 2015 to 20.73 in 2025, a change of -87.7%.


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Financial statements for NYSE:GNK last updated on 5/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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