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Genco Shipping & Trading Ltd
NYSE:GNK

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Genco Shipping & Trading Ltd
NYSE:GNK
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Price: 23.86 USD -1.28% Market Closed
Market Cap: $1B

Gross Margin

35.7%
Current
Declining
by 3.4%
vs 3-y average of 39.1%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
35.7%
=
Gross Profit
$122.2m
/
Revenue
$342.1m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
35.7%
=
Gross Profit
$122.2m
/
Revenue
$342.1m

Peer Comparison

Market Distribution

In line with most companies in the United States of America
Percentile
40th
Based on 12 729 companies
40th percentile
35.7%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Genco Shipping & Trading Ltd
Glance View

Genco Shipping & Trading Ltd. is an international ship owning company, which engages in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. The company is headquartered in New York City, New York and currently employs 990 full-time employees. The company went IPO on 2005-07-22. The firm transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes through the ownership and operation of drybulk carrier vessels. Its wholly owned modern and diverse fleet of dry cargo vessels consists of Capesize, Ultramax and Supramax vessels that provide a link in international trade. Its fleet consists of approximately 44 drybulk carriers, including 17 Capesize drybulk carriers, 15 Ultramax drybulk carriers, and 12 Supramax drybulk carriers with an aggregate carrying capacity of approximately 4,636,000 deadweight tons (dwt). The firm's vessels include Baltic Bear, Baltic Hornet, Baltic Lion, Baltic Wolf, Genco Aquitaine, Genco Augustus, Genco Bourgogne, Genco Liberty, Genco Picardy and Genco Vigilant.

GNK Intrinsic Value
LOCKED
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What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
35.7%
=
Gross Profit
$122.2m
/
Revenue
$342.1m
What is Genco Shipping & Trading Ltd's current Gross Margin?

The current Gross Margin for Genco Shipping & Trading Ltd is 35.7%, which is below its 3-year median of 39.1%.

How has Gross Margin changed over time?

Over the last 3 years, Genco Shipping & Trading Ltd’s Gross Margin has decreased from 47.8% to 35.7%. During this period, it reached a low of 34% on Sep 30, 2025 and a high of 47.8% on Dec 31, 2022.

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