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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›GNK›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

GENCO SHIPPING & TRADING LTD (GNK) financials

Income statement

GENCO SHIPPING & TRADING LTD (GNK) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$136M$210M$368M$389M$356M$547M$537M$384M$423M$342M
Revenue growth—54.7%75.3%6.0%-8.7%53.9%-1.9%-28.5%10.2%-19.1%
Operating income-$186M-$29.6M$516K-$28.4M-$203M$201M$167M-$5.85M$87.0M$7.47M
Operating margin-137.5%-14.1%0.1%-7.3%-57.2%36.8%31.1%-1.5%20.6%2.2%
Net income-$218M-$58.7M-$32.9M-$56.0M-$226M$182M$159M-$12.9M$76.4M-$4.37M
Net margin-160.6%-28.0%-9.0%-14.4%-63.4%33.3%29.5%-3.4%18.1%-1.3%
EPS (diluted)-$30.03-$1.71-$0.86-$1.34-$5.38$4.27$3.70-$0.30$1.75-$0.10

Cash flow

GENCO SHIPPING & TRADING LTD (GNK) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$52.3M$24.1M$65.9M$59.5M$36.9M$231M$189M$91.8M$127M$31.9M
Capital expenditures$329K$290K$1.46M$4.71M$4.58M$1.58M$3.57M$2.71M$3.00M$3.18M
Free cash flow-$52.6M$23.8M$64.4M$54.8M$32.3M$230M$186M$89.1M$124M$28.7M
Dividends paid———$20.9M$9.85M$13.5M$116M$40.9M$67.5M$32.8M

Balance sheet

GENCO SHIPPING & TRADING LTD (GNK) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$133M$174M$197M$156M$144M$115M$58.1M$46.5M$43.7M$55.5M
Total assets$1.57B$1.52B$1.63B$1.53B$1.23B$1.20B$1.17B$1.14B$1.06B$1.14B
Total liabilities$539M$546M$574M$550M$488M$286M$206M$227M$128M$240M
Long-term debt$508M$491M$469M$413M$359M$238M$165M$190M$82.2M$189M
Shareholders' equity$1.03B$974M$1.05B$978M$745M$917M$967M$913M$927M$896M
Retained earnings-$595M-$654M-$687M-$743M-$969M-$787M-$628M-$641M-$565M-$569M
Shares (wtd avg diluted)7.25M34.2M38.4M41.8M41.9M42.6M42.9M42.8M43.7M43.4M

Every figure is extracted from GENCO SHIPPING & TRADING LTD’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is GENCO SHIPPING & TRADING LTD's annual revenue?
GENCO SHIPPING & TRADING LTD (GNK) reported $342M of revenue for fiscal year 2025 — down 19.1% from $423M in FY2024, per its annual report filed with the SEC.
Is GENCO SHIPPING & TRADING LTD profitable?
Not in FY2025 — GNK reported a net loss of $4.37M, per SEC filings.
What is GENCO SHIPPING & TRADING LTD's free cash flow?
$28.7M in FY2025 (operating cash flow $31.9M minus $3.18M of capital expenditures), from the SEC cash-flow statement.
Does GNK pay a dividend?
Yes — GENCO SHIPPING & TRADING LTD paid $32.8M in cash dividends during FY2025, per its SEC cash-flow statement.
Full GNK analysis — verdict, score & filings →Is GNK a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.