GNKNYSEDeep Sea Foreign Transportation of FreightFiscal year ends December 31
GENCO SHIPPING & TRADING LTD
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$24.46−0.05 (-0.20%)
Close on Oct 19, 2026
- Market cap
- $1.09B
- P/E (TTM)
- 26.9
- Dividend yield
- 3.07%
Margins
Share of revenue, fiscal years 2011 to 2025
Operating margin
2.2%+59.4 pts over 5 years
Net margin
-1.3%+62.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -19.1% | -14.0% | -0.8% | +8.3% | |
| Operating income | -91.4% | -64.5% | – | – | |
| Free cash flow | -76.8% | -46.3% | -2.3% | – | |
| Dividend per share | -52.2% | -35.1% | +26.1% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -20.4% | -26.2% | -0.5% | |
| Return on assets | -13.3% | -16.3% | -0.4% | |
| Current ratio | 5.96 | 2.18 | 2.39 | |
| Debt to equity | 0.50 | 0.59 | 0.21 | |
| Net debt to EBITDA | -3.45× | -1.88× | 1.60× | |
| Interest coverage | -6.6× | -9.1× | 0.6× | |
| Capex to revenue | 0.2% | 1.3% | 0.9% | |
| Diluted shares | 7M | 42M | 43M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Genco Shipping & Trading generated $670.97M from operations and spent $284.46M on capital expenditure, dividends and share buybacks. 5% of that went back into the business.
Generated
$670.97M
Used
$284.46M
Capital expenditure$14.04M5%Dividends$270.42M95%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-1.3%
×Asset turnover0.31×
×Equity multiplier1.20×
=Return on equity, FY2025-0.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -1.3% | 0.31× | 1.20× | -0.5% |
| FY2024 | 18.1% | 0.38× | 1.19× | 8.3% |
| FY2023 | -3.4% | 0.33× | 1.23× | -1.4% |
| FY2022 | 29.5% | 0.45× | 1.26× | 16.8% |
| FY2021 | 33.3% | 0.45× | 1.47× | 21.9% |
| FY2020 | -63.4% | 0.26× | 1.60× | -26.2% |
| FY2019 | -14.4% | 0.25× | 1.55× | -5.5% |
| FY2018 | -9.0% | 0.23× | 1.55× | -3.2% |
| FY2017 | -28.0% | 0.14× | 1.54× | -5.9% |
| FY2016 | -160.6% | 0.08× | 1.54× | -20.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$4.37M
- Cash generatingOperating cash flow above zero$31.89M
- Return on assets improvedROA up on the prior year6.7% → -0.4%
- Earnings backed by cashOperating cash flow above net income$31.89M vs -$4.37M
- Less leverageLong-term debt to assets fell7.8% → 16.6%
- Better liquidityCurrent ratio rose2.41 → 2.39
- No dilutionShare count did not rise44M → 43M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.37 → 0.32