Genco Shipping & Trading LTD (GNK) Financial Statements
Industry: Deep Sea Foreign Transportation of Freight
In fiscal 2025, Genco Shipping & Trading reported revenue of $342.1M, down 19.1% from $423.0M the year before. Net income was -$4.4M (a -1.3% net margin), or -$0.10 per diluted share. Gross margin was 2.2% and operating margin was 2.2%. Operating activities generated $31.9M of cash, leaving $28.7M of free cash flow. At fiscal year end, Genco Shipping & Trading held $1.14B in total assets against $240.3M in total liabilities, including $55.5M of cash and equivalents.
Open the full interactive Genco Shipping & Trading financials → Quarterly statements, key ratios, valuation history and price charts.
Genco Shipping & Trading Key Stats
| Share Price | $26.55 |
|---|---|
| Market Cap | $1.18B |
| Revenue YoY Growth | -19.1% |
| 52-Week Range | $14.54 – $28.12 |
| Shares Outstanding | 43.9 million (basic, 2026 Q2) |
Genco Shipping & Trading Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $355.6M | $547.1M | $536.9M | $383.8M | $423.0M | $342.1M |
| Cost of Goods Sold | $558.9M | $346.0M | $369.7M | $389.7M | $336.0M | $334.6M |
| Gross Profit | -$203.3M | $201.1M | $167.2M | -$5.8M | $87.0M | $7.5M |
| Operating Income | -$203.3M | $201.1M | $167.2M | -$5.8M | $87.0M | $7.5M |
| Pre-Tax Income | -$225.6M | $182.0M | $158.6M | -$12.9M | $76.4M | -$4.4M |
| Net Income | -$225.6M | $182.0M | $158.6M | -$12.9M | $76.4M | -$4.4M |
| Diluted EPS | -$5.38 | $4.27 | $3.70 | -$0.30 | $1.75 | -$0.10 |
Genco Shipping & Trading Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $79.9M | $109.9M | $114.4M | $136.4M |
| Net Income | -$1.1M | $15.4M | $9.3M | $16.6M |
| Diluted EPS | -$0.02 | $0.36 | $0.21 | $0.37 |
Genco Shipping & Trading Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $143.9M | $114.6M | $58.1M | $46.5M | $43.7M | $55.5M |
| Current Assets | $247.2M | $174.8M | $125.4M | $157.3M | $98.0M | $109.1M |
| Total Assets | $1.23B | $1.20B | $1.17B | $1.14B | $1.06B | $1.14B |
| Current Liabilities | $113.6M | $41.9M | $36.5M | $35.3M | $40.7M | $45.7M |
| Total Long-Term Debt | $439.6M | $238.2M | $164.9M | $190.2M | $82.2M | $189.1M |
| Total Liabilities | $487.8M | $286.3M | $205.6M | $227.3M | $128.4M | $240.3M |
| Shareholders' Equity | $745.0M | $916.6M | $967.4M | $913.3M | $926.7M | $896.5M |
Genco Shipping & Trading Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $36.9M | $231.1M | $189.3M | $91.8M | $126.8M | $31.9M |
| Cash From Investing | $37.4M | -$67.6M | -$55.0M | -$91.6M | $47.8M | -$91.6M |
| Cash From Financing | -$56.9M | -$222.7M | -$190.7M | -$17.4M | -$177.5M | $71.2M |
| Free Cash Flow | $32.3M | $229.5M | $185.8M | $89.1M | $123.8M | $28.7M |
Figures from Genco Shipping & Trading's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Genco Shipping & Trading financials page for every line item.
Genco Shipping & Trading Company Profile
| Ticker | GNK |
|---|---|
| Exchange | NYSE |
| Industry | Deep Sea Foreign Transportation of Freight |
| Headquarters | New York, New York |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001326200 |
Frequently Asked Questions
What was Genco Shipping & Trading's revenue in fiscal 2025?
Genco Shipping & Trading (GNK) reported revenue of $342.1M for fiscal 2025.
What is Genco Shipping & Trading's annual revenue history?
Genco Shipping & Trading's annual revenue by fiscal year: 2020: $355.6M; 2021: $547.1M; 2022: $536.9M; 2023: $383.8M; 2024: $423.0M; 2025: $342.1M.
What was Genco Shipping & Trading's net income in fiscal 2025?
Genco Shipping & Trading reported net income of -$4.4M for fiscal 2025.
What was Genco Shipping & Trading's earnings per share (EPS) in fiscal 2025?
Genco Shipping & Trading's diluted EPS was -$0.10 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Genco Shipping & Trading generate in fiscal 2025?
Genco Shipping & Trading generated $28.7M of free cash flow in fiscal 2025.
What was Genco Shipping & Trading's revenue last quarter?
In its most recent reported quarter (2026 Q2), Genco Shipping & Trading reported revenue of $136.4M.
How much debt does Genco Shipping & Trading have?
Genco Shipping & Trading reported $189.1M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Genco Shipping & Trading are outstanding?
Genco Shipping & Trading reported a weighted average of 43.9 million basic shares outstanding in 2026 Q2.
What is Genco Shipping & Trading's market cap?
Based on its latest closing price, Genco Shipping & Trading (GNK) has a market capitalization of about $1.18B.
When does Genco Shipping & Trading's fiscal year end?
Genco Shipping & Trading's fiscal year end, as registered with the SEC, is December 31.
Where is Genco Shipping & Trading headquartered?
Genco Shipping & Trading lists its business address in New York, New York in its SEC filings.
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