What is Genco Shipping & Trading's operating income?

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

Genco Shipping & Trading (GNK) Financials

$26.25 -0.09 (-0.34%)

As of 02:10 PM Eastern

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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

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	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	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	6/30/2026
Net Income / (Loss) Attributable to Common Shareholders	4.94	19	23	21	13	-12	-6.80	-1.05	15	9.31	17
Consolidated Net Income / (Loss)	5.11	19	23	22	12	-12	-6.81	-1.08	15	9.58	17
Net Income / (Loss) Continuing Operations	5.11	19	23	22	12	-12	-6.81	-1.08	15	9.58	17
Total Pre-Tax Income	5.11	19	23	22	12	-12	-6.81	-1.08	15	9.58	17
Total Operating Income	7.04	22	26	24	15	-9.77	-4.26	2.47	19	13	22
Total Gross Profit	110	114	105	98	93	68	79	79	107	108	135
Total Revenue	116	117	107	99	99	71	81	80	110	114	136
Operating Revenue	116	117	107	99	99	71	81	80	110	114	136
Total Cost of Revenue	5.45	3.51	2.46	1.27	6.48	3.61	2.04	1.37	2.91	6.86	1.46
Operating Cost of Revenue	5.45	3.51	2.46	1.27	6.48	3.61	2.04	1.37	2.91	6.86	1.46
Total Operating Expenses	103	92	78	74	78	77	83	76	88	94	113
Selling, General & Admin Expense	7.00	9.47	10	6.83	8.32	7.49	7.40	7.58	10	12	21
Depreciation Expense	17	17	17	17	18	18	18	19	21	21	22
Other Operating Expenses / (Income)	66	64	59	54	52	52	57	49	57	63	71
Impairment Charge	-	-	5.63	0.96	-	0.00	0.65	0.00	-	0.53	1.20
Other Special Charges / (Income)	-	0.98	-13	-4.47	0.23	0.00	0.00	0.00	-	-2.08	-1.94
Total Other Income / (Expense), net	-1.93	-3.15	-2.82	-2.46	-2.12	-2.19	-2.55	-3.55	-3.70	-3.74	-5.02
Interest Expense	2.62	4.04	3.45	2.97	2.84	2.55	2.56	3.83	4.00	4.50	5.75
Interest & Investment Income	0.79	0.82	0.72	0.75	0.68	0.37	0.24	0.39	0.48	0.67	0.61
Other Income / (Expense), net	-0.10	0.07	-0.09	-0.24	0.03	-0.01	-0.23	-0.10	-0.18	0.10	0.13
Net Income / (Loss) Attributable to Noncontrolling Interest	0.17	0.15	0.03	0.12	-0.19	-0.04	-0.01	-0.03	-0.08	0.27	0.09
Basic Earnings per Share	$0.12	$0.44	$0.54	$0.50	$0.29	($0.28)	($0.16)	($0.02)	$0.36	$0.21	$0.38
Weighted Average Basic Shares Outstanding	42.77M	42.92M	43.07M	43.11M	43.05M	43.20M	43.35M	43.41M	43.37M	43.71M	43.87M
Diluted Earnings per Share	$0.12	$0.43	$0.54	$0.49	$0.29	($0.28)	($0.16)	($0.02)	$0.36	$0.21	$0.37
Weighted Average Diluted Shares Outstanding	42.77M	43.61M	43.66M	43.66M	43.65M	43.20M	43.35M	43.41M	43.37M	44.41M	44.57M
Weighted Average Basic & Diluted Shares Outstanding	42.73M	42.75M	42.76M	42.76M	42.76M	42.96M	42.96M	43.24M	43.32M	43.58M	43.59M

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

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	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	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	6/30/2026
Net Change in Cash & Equivalents	-5.36	1.82	-6.33	4.63	-2.98	-13	5.20	54	-34	-0.77	19
Net Cash From Operating Activities	40	32	29	36	30	2.90	5.40	7.69	16	16	33
Net Cash From Continuing Operating Activities	40	32	29	36	30	2.90	5.40	7.69	16	16	33
Net Income / (Loss) Continuing Operations	5.11	19	23	22	12	-12	-6.81	-1.08	15	9.58	17
Consolidated Net Income / (Loss)	5.11	19	23	22	12	-12	-6.81	-1.08	15	9.58	17
Depreciation Expense	17	17	17	17	18	18	18	19	21	21	22
Amortization Expense	0.89	0.91	0.87	0.88	0.83	0.83	0.84	0.94	0.71	0.71	0.75
Non-Cash Adjustments To Reconcile Net Income	15	0.28	-9.99	-11	-2.64	-9.90	-17	-20	-0.75	-5.93	-5.59
Changes in Operating Assets and Liabilities, net	2.07	-5.11	-2.44	7.72	1.59	6.28	10	8.17	-21	-9.71	-1.02
Net Cash From Investing Activities	-88	17	48	8.60	-26	-2.92	-3.75	-11	-74	-123	1.11
Net Cash From Continuing Investing Activities	-88	17	48	8.60	-26	-2.92	-3.75	-11	-74	-123	1.11
Purchase of Property, Plant & Equipment	-0.54	-0.24	-1.14	-0.89	-0.73	-0.65	-1.07	-1.16	-0.30	-0.41	-0.71
Other Investing Activities, net	-88	18	49	9.48	-25	-2.26	-2.67	-9.94	-74	-123	1.82
Net Cash From Financing Activities	43	-48	-83	-40	-7.10	-13	3.54	58	24	107	-16
Net Cash From Continuing Financing Activities	43	-48	-83	-40	-7.10	-13	3.54	58	24	107	-16
Repayment of Debt	-225	-30	-65	-25	-10	0.00	-0.02	-21	-0.01	-4.83	-0.29
Payment of Dividends	-6.40	-18	-18	-15	-17	-13	-6.44	-6.45	-6.49	-23	-15

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
Plant, Property, & Equipment, net	1,526	1,368	1,280	1,357	1,297	978	1,003	1,044	982	7.18	952
Total Noncurrent Assets	16	28	24	0.32	8.56	7.20	26	4.82	2.94	951	77
Other Noncurrent Operating Assets	0.51	0.51	0.51	-	8.24	6.88	25	4.50	2.63	951	77
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

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	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026	Q2 2026
Period end date	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	6/30/2026
Total Assets	1,144	1,135	1,095	1,118	1,058	1,044	1,039	1,040	1,108	1,252	1,261
Total Current Assets	107	111	112	146	136	127	82	79	133	121	136
Cash & Equivalents	44	48	46	48	42	47	30	35	90	55	74
Accounts Receivable	17	20	20	22	30	20	18	14	14	20	27
Inventories, net	25	23	28	31	24	25	23	20	22	23	26
Prepaid Expenses	10	10	10	9.08	8.30	11	9.43	8.65	7.82	14	10
Plant, Property, & Equipment, net	1,003	8.13	980	969	920	915	7.23	910	962	1,075	1,113
Total Noncurrent Assets	34	1,017	3.31	2.58	2.20	1.83	950	51	5.35	57	12
Other Noncurrent Operating Assets	34	1,016	2.99	2.26	1.89	1.52	950	51	5.35	57	12
Total Liabilities & Shareholders' Equity	1,144	1,135	1,095	1,118	1,058	1,044	1,039	1,040	1,108	1,252	1,261
Total Liabilities	194	180	179	201	135	113	134	147	220	365	371
Total Current Liabilities	34	29	36	39	38	41	46	49	56	41	46
Accounts Payable	27	19	27	31	28	33	39	45	52	35	38
Current Deferred Revenue	5.03	7.95	6.53	5.68	7.57	5.89	5.35	3.56	4.70	5.98	7.80
Total Noncurrent Liabilities	160	151	142	162	97	72	88	99	164	324	325
Long-Term Debt	157	148	140	161	96	72	83	93	158	319	320
Other Noncurrent Operating Liabilities	3.53	2.96	2.39	1.21	0.61	0.00	5.62	5.69	5.46	5.62	5.69
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	950	955	916	917	923	932	905	893	887	887	890
Total Preferred & Common Equity	948	954	915	915	922	930	903	892	886	885	889
Total Common Equity	948	954	915	915	922	930	903	892	886	885	889
Common Stock	1,569	1,564	1,559	1,537	1,521	1,507	1,480	1,475	1,470	1,445	1,432
Retained Earnings	-626	-614	-646	-622	-599	-577	-577	-583	-584	-560	-543
Noncontrolling Interest	1.10	1.08	1.22	1.54	1.56	1.68	1.45	1.44	1.41	1.60	1.69

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%

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

Metric	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Period end date	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	6/30/2026
DEI Shares Outstanding	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	43,577,051.00
DEI Adjusted Shares Outstanding	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	43,577,051.00
DEI Earnings Per Adjusted Shares Outstanding	0.12	0.44	0.55	0.50	0.30	-0.28	-0.16	-0.02	0.36	0.21	0.38
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-9.02%	24.41%	18.21%	19.16%	-14.12%	-39.31%	-24.39%	-19.54%	10.81%	60.56%	68.54%
EBITDA Growth	-47.99%	92.79%	43.69%	429.76%	35.32%	-78.39%	-67.25%	-45.27%	22.60%	303.69%	210.90%
EBIT Growth	-77.12%	437.97%	99.39%	178.14%	110.94%	-144.15%	-117.14%	-90.07%	28.80%	237.05%	586.92%
NOPAT Growth	-77.14%	397.25%	102.00%	213.12%	107.62%	-130.96%	-111.34%	-92.81%	30.31%	294.65%	829.10%
Net Income Growth	-82.28%	562.34%	103.56%	167.71%	144.49%	-163.15%	-128.98%	-105.00%	22.81%	180.05%	345.81%
EPS Growth	-82.35%	616.67%	100.00%	165.33%	141.67%	-165.12%	-129.63%	-104.08%	24.14%	175.00%	331.25%
Operating Cash Flow Growth	10.43%	64.83%	49.79%	169.12%	-24.29%	-91.00%	-81.40%	-78.38%	-47.00%	440.73%	515.55%
Free Cash Flow Firm Growth	1,948.13%	262.77%	188.17%	97.48%	-31.12%	-66.30%	-105.86%	-116.44%	-190.54%	-728.50%	-2,056.33%
Invested Capital Growth	-6.23%	-6.00%	-9.88%	-7.22%	-3.60%	-3.59%	0.49%	1.89%	6.72%	20.31%	19.57%
Revenue Q/Q Growth	38.57%	1.66%	-8.85%	-7.21%	-0.13%	-28.16%	13.57%	-1.26%	37.54%	4.10%	19.21%
EBITDA Q/Q Growth	295.90%	64.26%	9.67%	-6.56%	-19.61%	-73.76%	66.18%	56.16%	80.07%	-13.61%	27.99%
EBIT Q/Q Growth	122.79%	219.34%	18.34%	-9.26%	-38.49%	-166.84%	54.06%	152.58%	697.84%	-28.88%	63.20%
NOPAT Q/Q Growth	133.12%	214.00%	19.11%	-8.66%	-39.22%	-146.82%	56.38%	157.88%	1,002.26%	-30.07%	63.40%
Net Income Q/Q Growth	116.03%	270.92%	24.02%	-8.17%	-42.12%	-195.80%	43.08%	84.17%	1,522.45%	-37.56%	74.80%
EPS Q/Q Growth	116.00%	258.33%	25.58%	-9.26%	-40.82%	-196.55%	42.86%	87.50%	1,900.00%	-41.67%	76.19%
Operating Cash Flow Q/Q Growth	199.73%	-18.60%	-9.98%	22.53%	-15.68%	-90.32%	86.11%	42.38%	106.72%	-1.29%	111.87%
Free Cash Flow Firm Q/Q Growth	50.74%	16.05%	52.11%	-25.78%	-47.42%	-43.22%	-126.43%	-108.33%	-189.56%	-294.13%	9.31%
Invested Capital Q/Q Growth	-0.16%	-1.01%	-4.71%	-1.47%	3.72%	-1.00%	-0.68%	-0.10%	8.64%	11.61%	-1.30%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	95.28%	97.01%	97.71%	98.72%	93.47%	94.93%	95.96%	98.28%	97.35%	94.01%	98.93%
EBITDA Margin	21.24%	34.31%	41.28%	41.57%	33.46%	12.22%	17.88%	28.28%	37.02%	30.72%	32.99%
Operating Margin	6.09%	18.81%	24.58%	24.20%	14.73%	-13.71%	-5.27%	3.09%	17.32%	11.63%	15.95%
EBIT Margin	6.01%	18.87%	24.50%	23.96%	14.75%	-13.73%	-5.55%	2.96%	17.15%	11.72%	16.04%
Profit (Net Income) Margin	4.42%	16.13%	21.95%	21.72%	12.59%	-16.78%	-8.41%	-1.35%	13.95%	8.37%	12.27%
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	73.60%	85.49%	89.59%	90.67%	85.30%	122.27%	151.51%	-45.62%	81.33%	71.41%	76.49%
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)	2.26%	7.47%	10.43%	10.98%	6.33%	-3.71%	-1.36%	0.76%	5.93%	4.25%	6.74%
ROIC Less NNEP Spread (ROIC-NNEP)	0.21%	4.01%	5.60%	5.38%	2.96%	-11.72%	-10.99%	-8.27%	1.62%	1.89%	3.43%
Return on Net Nonoperating Assets (RNNOA)	0.02%	0.39%	0.35%	0.26%	0.20%	-0.82%	-0.48%	-0.28%	0.15%	0.33%	0.58%
Return on Equity (ROE)	2.28%	7.87%	10.78%	11.24%	6.53%	-4.53%	-1.84%	0.48%	6.08%	4.59%	7.32%
Cash Return on Invested Capital (CROIC)	6.04%	7.34%	12.91%	15.70%	12.51%	9.32%	2.11%	-1.64%	-5.98%	-15.54%	-12.40%
Operating Return on Assets (OROA)	1.99%	6.79%	9.46%	9.84%	5.68%	-4.80%	-1.86%	0.91%	5.35%	3.94%	6.14%
Return on Assets (ROA)	1.47%	5.80%	8.47%	8.92%	4.84%	-5.87%	-2.81%	-0.42%	4.35%	2.81%	4.70%
Return on Common Equity (ROCE)	2.28%	7.85%	10.77%	11.22%	6.52%	-4.53%	-1.84%	0.48%	6.07%	4.58%	7.31%
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)	7.04	22	26	24	15	-6.84	-2.98	1.73	19	13	22
NOPAT Margin	6.09%	18.81%	24.58%	24.20%	14.73%	-9.60%	-3.69%	2.16%	17.32%	11.63%	15.95%
Net Nonoperating Expense Percent (NNEP)	2.04%	3.46%	4.84%	5.60%	3.37%	8.01%	9.62%	9.03%	4.31%	2.36%	3.31%
Return On Investment Capital (ROIC_SIMPLE)	0.64%	2.05%	2.58%	2.40%	1.45%	-0.69%	-0.30%	0.17%	1.75%	1.10%	1.80%
Cost of Revenue to Revenue	4.72%	2.99%	2.29%	1.28%	6.53%	5.07%	4.04%	1.72%	2.65%	5.99%	1.07%
SG&A Expenses to Revenue	6.06%	8.06%	9.57%	6.88%	8.39%	10.52%	9.14%	9.49%	9.29%	10.43%	15.36%
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	89.19%	78.20%	73.12%	74.53%	78.74%	108.64%	101.23%	95.20%	80.04%	82.38%	82.98%
Earnings before Interest and Taxes (EBIT)	6.94	22	26	24	15	-9.78	-4.49	2.36	19	13	22
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	25	40	44	41	33	8.71	14	23	41	35	45
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.66	0.83	0.88	0.81	0.60	0.60	0.60	0.84	0.87	1.10	1.22
Price to Tangible Book Value (P/TBV)	0.66	0.83	0.88	0.81	0.60	0.60	0.60	0.84	0.87	1.10	1.22
Price to Revenue (P/Rev)	1.57	1.86	1.92	1.72	1.31	1.44	1.54	2.24	2.28	2.54	2.45
Price to Earnings (P/E)	0.00	229.57	53.37	11.02	7.25	11.87	34.98	0.00	0.00	57.92	26.78
Dividend Yield	6.69%	4.84%	5.96%	7.46%	12.12%	11.51%	9.48%	5.80%	4.16%	4.21%	4.64%
Earnings Yield	0.00%	0.44%	1.87%	9.07%	13.80%	8.42%	2.86%	0.00%	0.00%	1.73%	3.73%
Enterprise Value to Invested Capital (EV/IC)	0.75	0.88	0.92	0.84	0.61	0.62	0.63	0.85	0.89	1.08	1.17
Enterprise Value to Revenue (EV/Rev)	1.95	2.14	2.05	1.78	1.40	1.58	1.70	2.45	2.67	3.23	3.01
Enterprise Value to EBITDA (EV/EBITDA)	11.77	10.48	8.98	5.21	3.73	4.68	6.12	10.27	10.57	11.00	9.25
Enterprise Value to EBIT (EV/EBIT)	0.00	73.75	34.86	9.90	6.83	10.86	24.75	297.83	131.70	41.24	23.49
Enterprise Value to NOPAT (EV/NOPAT)	0.00	73.71	34.55	9.86	6.82	10.80	24.29	380.73	174.77	40.67	23.47
Enterprise Value to Operating Cash Flow (EV/OCF)	8.17	8.33	7.60	5.74	4.68	6.11	8.09	17.64	28.66	27.81	18.30
Enterprise Value to Free Cash Flow (EV/FCFF)	11.99	11.57	6.73	5.16	4.82	6.56	29.92	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.21	0.18	0.10	0.08	0.09	0.09	0.10	0.18	0.21	0.36	0.36
Long-Term Debt to Equity	0.21	0.18	0.10	0.08	0.09	0.09	0.10	0.18	0.21	0.36	0.36
Financial Leverage	0.10	0.10	0.06	0.05	0.07	0.07	0.04	0.03	0.09	0.18	0.17
Leverage Ratio	1.23	1.21	1.17	1.16	1.19	1.18	1.16	1.18	1.20	1.28	1.29
Compound Leverage Factor	0.91	1.04	1.05	1.05	1.02	1.45	1.75	-0.54	0.98	0.91	0.99
Debt to Total Capital	17.21%	14.91%	9.43%	7.14%	8.13%	8.37%	9.43%	15.15%	17.40%	26.44%	26.41%
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	17.21%	14.91%	9.43%	7.14%	8.13%	8.37%	9.43%	15.15%	17.40%	26.44%	26.41%
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	0.13%	0.14%	0.15%	0.17%	0.15%	0.15%	0.15%	0.14%	0.12%	0.13%	0.14%
Common Equity to Total Capital	82.66%	84.94%	90.41%	92.69%	91.72%	91.48%	90.43%	84.71%	82.48%	73.42%	73.45%
Debt to EBITDA	2.99	1.93	1.00	0.48	0.52	0.65	0.95	2.01	2.19	2.82	2.23
Net Debt to EBITDA	2.26	1.35	0.56	0.17	0.24	0.41	0.59	0.87	1.54	2.34	1.71
Long-Term Debt to EBITDA	2.99	1.93	1.00	0.48	0.52	0.65	0.95	2.01	2.19	2.82	2.23
Debt to NOPAT	-46.46	13.61	3.83	0.90	0.94	1.50	3.78	74.40	36.16	10.44	5.65
Net Debt to NOPAT	-35.09	9.51	2.16	0.31	0.44	0.94	2.32	32.17	25.54	8.64	4.35
Long-Term Debt to NOPAT	-46.46	13.61	3.83	0.90	0.94	1.50	3.78	74.40	36.16	10.44	5.65
Altman Z-Score	1.29	2.02	3.42	3.84	2.35	2.03	1.77	1.67	1.67	1.40	1.64
Noncontrolling Interest Sharing Ratio	0.12%	0.14%	0.14%	0.16%	0.16%	0.16%	0.17%	0.17%	0.15%	0.17%	0.18%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	4.46	3.72	3.59	3.09	2.41	1.79	1.63	2.36	2.39	2.98	2.97
Quick Ratio	1.82	1.79	1.89	1.63	1.60	1.06	1.02	1.84	1.53	1.85	2.19
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	74	85	130	96	51	29	-7.61	-16	-46	-181	-164
Operating Cash Flow to CapEx	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%	4,656.30%
Free Cash Flow to Firm to Interest Expense	28.10	21.16	37.66	32.49	17.89	11.30	-2.98	-4.14	-11.48	-40.24	-28.55
Operating Cash Flow to Interest Expense	15.12	7.98	8.41	11.98	10.58	1.14	2.11	2.01	3.97	3.49	5.78
Operating Cash Flow Less CapEx to Interest Expense	14.91	7.92	8.08	11.68	10.32	0.88	1.69	1.71	3.90	3.40	5.66
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.33	0.36	0.39	0.41	0.38	0.35	0.33	0.31	0.31	0.34	0.38
Accounts Receivable Turnover	17.79	21.09	17.15	21.99	21.59	18.80	16.03	19.28	19.18	20.02	21.60
Inventory Turnover	0.54	0.47	0.61	0.48	0.56	0.51	0.65	0.63	0.47	0.62	0.60
Fixed Asset Turnover	0.38	0.41	0.91	0.46	0.86	0.77	0.38	0.35	0.67	0.71	0.44
Accounts Payable Turnover	0.49	0.45	0.61	0.42	0.47	0.39	0.40	0.35	0.31	0.39	0.33
Days Sales Outstanding (DSO)	20.52	17.31	21.28	16.60	16.91	19.42	22.77	18.93	19.03	18.23	16.90
Days Inventory Outstanding (DIO)	670.71	781.36	599.63	755.11	651.94	713.18	560.13	575.80	775.76	585.39	607.27
Days Payable Outstanding (DPO)	745.20	817.91	595.00	868.48	781.76	933.36	906.68	1,048.29	1,166.96	936.18	1,092.26
Cash Conversion Cycle (CCC)	-53.98	-19.25	25.91	-96.77	-112.91	-200.76	-323.78	-453.56	-372.18	-332.56	-468.08
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,003	992	946	932	966	957	950	949	1,031	1,151	1,136
Invested Capital Turnover	0.37	0.40	0.42	0.45	0.43	0.39	0.37	0.35	0.34	0.37	0.42
Increase / (Decrease) in Invested Capital	-67	-63	-104	-72	-36	-36	4.63	18	65	194	186
Enterprise Value (EV)	749	870	867	784	593	596	598	811	914	1,243	1,327
Market Capitalization	604	756	811	757	554	542	539	741	779	977	1,080
Book Value per Share	$21.47	$21.32	$21.56	$21.75	$21.67	$21.12	$20.75	$20.62	$20.73	$20.44	$20.39
Tangible Book Value per Share	$21.47	$21.32	$21.56	$21.75	$21.67	$21.12	$20.75	$20.62	$20.73	$20.44	$20.39
Total Capital	1,105	1,077	1,019	1,003	1,010	987	986	1,046	1,087	1,206	1,210
Total Debt	190	161	96	72	82	83	93	158	189	319	320
Total Long-Term Debt	190	161	96	72	82	83	93	158	189	319	320
Net Debt	144	112	54	25	38	52	57	69	134	264	246
Capital Expenditures (CapEx)	0.54	0.24	1.14	0.89	0.73	0.65	1.07	1.16	0.30	0.41	0.71
Debt-free, Cash-free Net Working Capital (DFCFNWC)	75	59	56	40	13	5.39	-5.33	-13	7.86	25	17
Debt-free Net Working Capital (DFNWC)	122	107	98	86	57	36	30	77	63	80	90
Net Working Capital (NWC)	122	107	98	86	57	36	30	77	63	80	90
Net Nonoperating Expense (NNE)	1.93	3.15	2.82	2.46	2.12	5.12	3.83	2.80	3.70	3.74	5.02
Net Nonoperating Obligations (NNO)	88	76	22	0.10	38	52	57	62	134	264	246
Total Depreciation and Amortization (D&A)	18	18	18	17	19	18	19	20	22	22	23
Debt-free, Cash-free Net Working Capital to Revenue	19.66%	14.38%	13.23%	9.01%	3.15%	1.43%	-1.52%	-3.94%	2.30%	6.60%	3.82%
Debt-free Net Working Capital to Revenue	31.78%	26.27%	23.16%	19.63%	13.55%	9.54%	8.67%	23.21%	18.53%	20.81%	20.52%
Net Working Capital to Revenue	31.78%	26.27%	23.16%	19.63%	13.55%	9.54%	8.67%	23.21%	18.53%	20.81%	20.52%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.12	$0.44	$0.54	$0.50	$0.29	($0.28)	($0.16)	($0.02)	$0.36	$0.21	$0.38
Adjusted Weighted Average Basic Shares Outstanding	42.77M	42.92M	43.07M	43.11M	43.05M	43.20M	43.35M	43.41M	43.37M	43.71M	43.87M
Adjusted Diluted Earnings per Share	$0.12	$0.43	$0.54	$0.49	$0.29	($0.28)	($0.16)	($0.02)	$0.36	$0.21	$0.37
Adjusted Weighted Average Diluted Shares Outstanding	42.77M	43.61M	43.66M	43.66M	43.65M	43.20M	43.35M	43.41M	43.37M	44.41M	44.57M
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	42.73M	42.75M	42.76M	42.76M	42.76M	42.96M	42.96M	43.24M	43.32M	43.58M	43.59M
Normalized Net Operating Profit after Tax (NOPAT)	4.93	16	13	14	10	-6.84	-2.53	1.73	13	8.23	15
Normalized NOPAT Margin	4.26%	13.75%	12.26%	14.47%	10.47%	-9.60%	-3.12%	2.16%	12.12%	7.20%	10.78%
Pre Tax Income Margin	4.42%	16.13%	21.95%	21.72%	12.59%	-16.78%	-8.41%	-1.35%	13.95%	8.37%	12.27%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.65	5.48	7.60	8.01	5.16	-3.84	-1.76	0.62	4.71	2.98	3.81
NOPAT to Interest Expense	2.68	5.47	7.62	8.09	5.15	-2.68	-1.17	0.45	4.76	2.96	3.78
EBIT Less CapEx to Interest Expense	2.44	5.43	7.27	7.71	4.91	-4.09	-2.18	0.31	4.64	2.89	3.68
NOPAT Less CapEx to Interest Expense	2.48	5.41	7.29	7.79	4.89	-2.94	-1.59	0.15	4.68	2.87	3.66
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-331.09%	996.22%	310.33%	82.20%	88.25%	138.31%	336.94%	-589.73%	-726.62%	246.58%	125.18%
Augmented Payout Ratio	-331.09%	996.22%	310.33%	82.20%	88.25%	138.31%	336.94%	-589.73%	-726.62%	246.58%	125.18%

Financials Breakdown Chart

Key Financial Trends

Genco Shipping & Trading’s Q2 2026 results show a meaningful recovery in profitability and cash generation compared with the same quarter of 2025. Revenue increased to $136.4 million from $80.9 million, while net income attributable to common shareholders rose to $16.6 million, or $0.38 per diluted share, from a $6.8 million loss, or $0.16 per share. Revenue also grew 19% sequentially from Q1 2026.

Operating performance improved considerably. Operating income increased to $21.8 million in Q2 from $13.3 million in Q1 and a $4.3 million operating loss in Q2 2025. The operating margin improved to approximately 15.9%, compared with 11.6% in Q1 and negative 5.3% a year earlier. However, higher interest expense of $5.8 million reduced the benefit of stronger operating results.

Cash flow trends were favorable in the latest quarter. Operating cash flow more than doubled sequentially to $33.2 million, up from $15.7 million in Q1 and $5.4 million in Q2 2025. Cash and equivalents increased to $73.6 million at June 30, up from $54.8 million at the end of Q1 and $35.4 million a year earlier. The company also generated $18.8 million of net cash during Q2 after dividends and other financing activity.

Genco’s balance sheet remains well capitalized on an accounting basis, with $890.3 million of common equity and $371.1 million of total liabilities at quarter-end. Current assets of $136.3 million exceeded current liabilities of $45.9 million by a wide margin. Still, the company’s financial profile has changed substantially from 2024 and early 2025: long-term debt has risen to $319.5 million from $93.0 million in Q2 2025, primarily following debt issuance in Q1 2026. Retained earnings remain negative at $543.1 million, underscoring the impact of historical losses and distributions.

Revenue momentum improved: Q2 2026 revenue rose 19% sequentially and 69% year over year to $136.4 million.
Profitability returned: Common earnings increased to $16.6 million, compared with a $6.8 million loss in Q2 2025.
Operating margin expanded: The operating margin reached approximately 15.9%, well above the negative margin recorded a year earlier.
Cash generation strengthened: Operating cash flow increased to $33.2 million, more than twice Q1 2026 and over six times Q2 2025.
Liquidity improved: Cash and equivalents climbed to $73.6 million, while current assets remained nearly three times current liabilities.
Dividend capacity remains supported in the latest quarter: Q2 operating cash flow covered the $15.3 million dividend payment by approximately 2.2 times.
Investing cash flow was positive in Q2: Net investing cash flow of $1.1 million followed a $123.3 million outflow in Q1, reflecting significant quarter-to-quarter variability in investment activity.
Asset growth has been significant: Total assets increased to $1.26 billion from $1.04 billion in Q2 2025, although the supplied statements use changing classifications for certain noncurrent assets.
Debt is substantially higher: Long-term debt of $319.5 million was more than three times the Q2 2025 balance of $93.0 million, increasing financial risk.
Interest costs are rising: Q2 interest expense increased to $5.8 million from $4.5 million in Q1 and $2.6 million a year earlier, which could pressure earnings if operating conditions weaken.

08/17/26 02:37 PM 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 fiscal year ends in December. Their fiscal 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. Check out Genco Shipping & Trading's forecast to explore projected trends and price targets.

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 8/6/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Genco Shipping & Trading (GNK) Financials

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Genco Shipping & Trading (GNK) Financials

Annual Income Statements for Genco Shipping & Trading

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How has Genco Shipping & Trading's revenue changed over the last 10 years?

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