Genco Shipping & Trading Limited (GNK) — Financial statements
Income statement, balance sheet, and cash flow for Genco Shipping & Trading Limited — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 342↓19.1% | 423↑10.2% | 384↓28.5% | 537↓1.9% | 547 | |
| Cost of Revenue | 296↓3.4% | 306↓3.0% | 316↓7.3% | 341↑6.2% | 321 | |
| Gross Profit | 46↓60.6% | 117↑71.2% | 68↓65.3% | 196↓13.3% | 226 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 30,755↑105456.7% | 29↑3.1% | 28↑10.0% | 26↑5.1% | 24 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 30,755↑105456.7% | 29↑3.1% | 28↑10.0% | 26↑5.1% | 24 | |
| Other Expenses | -30,718↓6168399.0% | 0.50↓98.9% | 46↑1281.9% | 3↑381.1% | 0.69 | |
| Operating Expenses | 37↑24.4% | 30↓60.0% | 74↑155.0% | 29↑15.4% | 25 | |
| Total Costs & Expenses | 333↓0.9% | 336↓13.8% | 390↑5.4% | 370↑6.8% | 346 | |
| Operating Results | ||||||
| Operating Income | 9↓89.5% | 87↑1588.8% | -6↓103.5% | 167↓16.8% | 201 | |
| Depreciation & Amortization | 77↑10.3% | 70↑3.2% | 68↑10.2% | 62↑6.9% | 58 | |
| EBITDA | 86↓45.9% | 160↑148.5% | 64↓72.0% | 230↓9.8% | 255 | |
| EBIT | 9↓89.8% | 90↑2611.0% | -4↓102.1% | 168↓14.7% | 197 | |
| Interest & Other Income | ||||||
| Net Interest Income | -11↓4.4% | -10↓68.8% | -6↑24.1% | -8↑47.0% | -15 | |
| Interest Income | 1↓50.2% | 3↑11.7% | 3↑156.0% | 1↑576.6% | 0.15 | |
| Interest Expense | 12↓7.8% | 13↑51.4% | 9↓3.5% | 9↓40.8% | 15 | |
| Non-Operating Income | 0.00↑100.0% | -3↓20.8% | -2↓86.1% | -1↓132.9% | 4 | |
| Other Income / Expenses | -14↓29.3% | -11↓62.1% | -7↑17.3% | -8↑58.7% | -19 | |
| Income Before Tax | -5↓105.9% | 76↑719.1% | -12↓107.8% | 159↓12.5% | 182 | |
| Income Tax Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -5↓105.9% | 76↑719.1% | -12↓107.8% | 159↓12.5% | 182 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -4↓105.7% | 76↑693.6% | -13↓108.1% | 159↓12.9% | 182 | |
| Bottom-Line Net Income | -4↓105.7% | 76↑693.6% | -13↓108.1% | 159↓12.9% | 182 | |
| EPS (Basic) | -0.10↓105.6% | 1.77↑690.0% | -0.30↓108.0% | 3.74↓13.6% | 4.33 | |
| EPS (Diluted) | -0.10↓105.7% | 1.75↑683.3% | -0.30↓108.1% | 3.70↓13.3% | 4.27 | |
| Weighted Average Shares | 43↑0.7% | 43↑0.7% | 43↑0.8% | 42↑0.8% | 42 | |
| Weighted Average Diluted Shares | 43↓0.6% | 44↑2.1% | 43↓0.3% | 43↑0.8% | 43 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.