Genco Shipping & Trading Limited

Genco Shipping & Trading Limited

GNK
Genco Shipping & Trading LimitedUS flagNew York Stock Exchange
23.68
USD
+0.35
- -
1.03BMarket Cap
Genco Shipping & Trading Limited
GNK
(New York Stock Exchange)

Recent

price

23.68

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
136.02
111.49
54.27
52.59
- -
23.39
18.7
6.12
9.58
9.33
8.48
13.01
12.66
8.97
9.83
7.89
8.86
Revenue per Share
42.82
7.22
-34.73
-34.16
- -
-29.61
-30.03
-1.71
-0.86
-1.34
-5.38
4.33
3.74
-0.3
1.77
-0.1
0.39
Basic EPS, GAAP
-214.9
7.27
-5.3
-34.61
- -
-18.75
-7.32
0.69
-4.62
0.22
0.4
2.7
3.14
-0.05
1.63
-1.4
-4.1
Free Cash Flow per Basic Share
1.63
2.16
- -
- -
- -
- -
- -
- -
- -
0.5
0.23
0.32
2.73
0.96
1.57
0.76
0.96
Dividend per Share
101.37
102.25
51.49
15.51
- -
-57.29
-82.04
-19.08
-17.89
-17.79
-23.11
-18.7
-14.8
-14.98
-13.11
-13.11
-12.86
Book Value per Share
408.69
387.05
302.25
302.62
- -
168
125.35
28.47
27.44
23.43
17.78
21.79
22.83
21.39
21.56
20.7
20.39
Tangible Book Value per Share
3
4
4
4
- -
7
7
34
38
42
42
42
42
43
43
43
43
Basic Weighted Avg Shares
449
392
226
227
- -
154
136
210
368
389
356
547
537
384
423
342
385
Sales/Revenue/Turnover
49.32
28.72
-30.62
-29.41
- -
-98.57
-89.06
-7.31
14.58
-0.22
2.1
35.86
31.15
9.35
18.24
2.37
7.7
Operating Margin (%)
116
136
139
141
- -
80
76
72
69
74
67
58
62
68
70
77
80
Depreciation Expense
141
25
-145
-148
- -
-195
-218
-59
-33
-56
-226
182
159
-13
76
-4
17
Net Income, GAAP
1.23
5.24
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
31.48
6.47
-64
-64.95
- -
-126.59
-160.6
-28
-8.96
-14.37
-63.44
33.27
29.53
-3.35
18.06
-1.28
4.38
Profit Margin (%)
176
38
77
-1,316
66
-435
144
165
169
96
134
133
89
122
57
63
80
Working Capital
1,674
1,511
1,527
167
396
1
510
493
469
423
367
244
169
192
88
195
324
LT Debt
1,348
1,362
1,261
1,309
1,293
1,106
1,030
975
1,053
978
745
917
968
915
928
898
887
Total Equity
8.17
3.47
- -
- -
- -
- -
- -
- -
- -
- -
- -
16.66
14.55
- -
7.28
- -
2.69
Return on Invested Capital (%)
10.84
4.73
- -
- -
- -
- -
- -
- -
- -
- -
- -
-37.27
-33.52
- -
-19.51
- -
-8.6
Return on Capital (%)
53.55
7.31
-50.45
-104.81
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
158
189
319
LT Finance Leases
5
6
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
43
43
44
Market Capitalization
770
799
981

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
133
109
121
Cash, Cash Equivalents & STI
90
56
55
Accounts Receivable, Net
14
14
20
Inventories
22
25
23
Total Current Liabilities
56
46
41
Payables & Accruals
52
37
35
ST Debt
- -
- -
- -
Deferred Revenue
5
9
6

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.38%
4.27%
-3.28%
Free Cash Flow
-402.17%
-589.21%
-186.28%
Net Income, GAAP
-83.34%
-220.21%
-105.71%
Sales/Revenue/Turnover
12.98%
2.91%
-19.14%
Total Cash Common Dividend
- -
149.06%
-51.4%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
117
107
99
99
423
2025
71
81
80
110
342
2026
114
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.44
0.54
0.5
0.29
1.77
2025
-0.28
-0.16
-0.02
0.35
-0.1
2026
0.21
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.42
0.42
0.34
0.4
1.57
2025
0.31
0.15
0.15
0.15
0.76
2026
0.52
- -
- -
- -
- -
Business
Genco Shipping & Trading Limited (NYSE: GNK) owns and operates a diversified fleet of drybulk vessels that transport essential raw materials worldwide. The company provides maritime transportation services for major bulks including iron ore, coal, grains, steel products, bauxite, and fertilizers; its fleet comprises Capesize, Ultramax, Kamsarmax, Panamax, and Supramax vessels, emphasizing modern, fuel-efficient tonnage with scrubber and ammonia-ready capabilities. Headquartered in New York City and founded in 2004, Genco operates globally across key drybulk trade routes in the Atlantic and Pacific basins, serving industrial clients in energy, steelmaking, agriculture, and mining sectors. In recent developments, Genco expanded its fleet in 2024-2025 through strategic acquisitions, including the purchase of two high-specification Kamsarmax vessels and an Ultramax for approximately $85 million total; the company also secured long-term charters and entered a shipbuilding agreement for up to five ammonia-ready Ultramax newbuilds, reflecting a shift toward sustainable tonnage amid tightening environmental regulations. Additionally, Genco announced a $100 million at-the-market equity offering in late 2024 to bolster liquidity and fleet renewal, while maintaining strong commercial partnerships with charterers and achieving record time charter equivalent revenues in Q3 2025.

Company News

APIChatGPT
  • Genco Shipping & Trading Limited Shareholders Overwhelmingly Re-Elect All Genco Director Nominees at 2026 Annual Meeting

  • Genco Shipping & Trading Limited Confirms Receipt of Revised Offer from Diana Shipping Inc.

  • Genco Shipping & Trading Limited Reminds Shareholders to Vote TODAY

  • Genco Shipping & Trading Limited Urges Shareholders to Vote “FOR” its Highly Qualified Directors at June 18th Annual Meeting

  • Genco Shipping & Trading Limited Board of Directors Provides Firm Commitments for Future Treatment of Shareholders Rights Agreement

  • Genco Shipping & Trading Limited Urges Shareholders to Vote Today

  • Genco Shipping & Trading Limited Responds to Diana Shipping's Withdrawal of Director Nominations

  • Diana Shipping Inc. Focuses Proxy Contest on Election of Jens Ismar and Paul Cornell to Genco Shipping & Trading Board

  • Genco Shipping & Trading Limited Announces Leading Proxy Advisor ISS Joins Glass Lewis and Egan-Jones in Recommending Shareholders Vote “FOR” ALL of Genco's Director Nominees

  • Genco Shipping & Trading Limited Shares Video Highlighting Diana Shipping's Attempt to Acquire Genco on the Cheap

  • Genco Shipping & Trading Limited Highlights Recommendations from Leading Independent Proxy Advisory Firms Glass Lewis and Egan-Jones that Shareholders Vote “FOR” ALL of Genco's Director Nominees

  • Diana Shipping Inc. Challenges Genco Shipping & Trading's Repeated Efforts to Avoid Engagement By Shifting its Own Valuation Methodology

  • Genco Shipping & Trading Limited Sends Letter to Shareholders Detailing Genco Board of Directors' Strong Position to Continue Generating Superior Value

  • Genco Shipping & Trading rejects Diana Shipping takeover offer

  • Genco Shipping & Trading rejects Diana Shipping takeover offer

  • Genco Board Unanimously Rejects Diana Shipping's Latest Buyout Offer

  • Genco Shipping & Trading Limited Board of Directors Unanimously Rejects Diana Shipping's Revised, Unsolicited Tender Offer

  • Diana Shipping Inc. Sends Letter to Genco Shipping & Trading Shareholders Making the Case for Electing Six Independent Nominees With Proven Track Records of Creating Shareholder Value

  • Genco Shipping & Trading Ltd (GNK) Shares Surge 3.3% -- What GF Score of 61 Tells Investors

  • Genco Shipping & Trading Board of Directors to Review Revised, Unsolicited Tender Offer from Diana Shipping