Genco Shipping & Trading Limited

NYSE GNK

Genco Shipping & Trading Limited Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2024: 15.63%

Genco Shipping & Trading Limited Net Income Margin is 15.63% for the Trailing 12 Months (TTM) ending September 30, 2024, a 468.38% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.

Genco Shipping & Trading Limited Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2023 was 2.75%, a -92.61% change year over year.
Genco Shipping & Trading Limited Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2022 was 37.21%, a 577.40% change year over year.
Genco Shipping & Trading Limited Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2021 was 5.49%, a 112.76% change year over year.
Genco Shipping & Trading Limited Net Income Margin for the Trailing 12 Months (TTM) ending September 30, 2020 was -43.05%, a -338.49% change year over year.

Key data

Date	Net Income Margin	EBITDA Margin	EBIT Margin	EBITDA

NYSE: GNK

Genco Shipping & Trading Limited

CEO	Mr. John C. Wobensmith C.F.A.
IPO Date	July 15, 2014
Location	United States
Headquarters	299 Park Avenue
Employees	1,105
Sector	Industrials
Industries Maritime Shipping Container Shipping Logistics & Freight Trucking & Road Freight

Description

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company owns and operates dry bulk carrier vessels to transports iron ore, coal, grains, steel products, and other dry-bulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of December 31, 2021, the company fleet consisted of 44 dry bulk carriers, including 17 Capesize, 15 Ultramax, and 12 Supramax with an aggregate capacity of approximately 4,636,000 deadweight tons. Genco Shipping & Trading Limited was incorporated in 2004 and is headquartered in New York, New York.

Key trends

Past 5 years