📊 GNK Key Takeaways
Is Genco Shipping & Trading Ltd. (GNK) a Good Investment?
Genco has a fortress balance sheet with exceptional liquidity (2.98x current ratio) and conservative leverage (0.36x debt/equity), but fundamentals are deteriorating sharply with 19.1% revenue decline and 105.7% earnings collapse. While positive free cash flow generation ($15.3M, 13.4% margin) provides a safety net, poor capital returns (1.1% ROE, 0.7% ROA) and cyclical shipping market headwinds create significant uncertainty on recovery trajectory.
Balance sheet strength (low leverage and strong liquidity) and positive free cash flow despite a net loss provide resilience in a cyclical shipping downturn. However, revenue declined sharply and margins are thin, with weak interest coverage indicating limited cushion until industry rates improve. Near-term fundamentals hinge on restoring operating profitability while maintaining cash generation.
Genco Shipping & Trading Ltd. Key Strengths (GNK)
- Fortress balance sheet with low leverage (0.36x Debt/Equity) and $885.4M equity base
- Exceptional liquidity: 2.98x current ratio and 2.41x quick ratio provide substantial financial flexibility
- Positive free cash flow generation with strong 13.4% FCF margin despite operational pressures
- Adequate interest coverage at 3.3x and minimal recent capital expenditure requirements
- Low leverage (0.21x D/E) and robust liquidity (2.39x current ratio)
- Positive free cash flow (8.4% margin) despite net loss
- Modest capex supports cash retention and flexibility
GNK Stock Risks: Genco Shipping & Trading Ltd. Investment Risks
- Severe revenue contraction of 19.1% YoY signals prolonged shipping market downturn
- Catastrophic earnings deterioration with 105.7% EPS decline indicates profitability crisis
- Abysmal capital returns (1.1% ROE, 0.7% ROA) suggest structural challenges in asset utilization
- Operating cash flow of $15.7M on $114.4M revenue shows margin compression and efficiency concerns
- Cyclical industry exposure with unclear inflection point for recovery
- Revenue down 19% YoY with negative net income and compressed margins
- Weak interest coverage (1.8x) limits downside protection
- Cyclical charter-rate volatility may further pressure utilization and earnings
Key Metrics to Watch
- Quarterly revenue trend—stabilization required to validate recovery narrative
- Operating margin expansion—current 11.6% needs improvement with revenue recovery
- Return on equity trajectory—1.1% ROE is unacceptable and must improve sustainably
- Debt/equity ratio and interest coverage—monitor for deterioration if downturn persists
- Interest coverage
- Free cash flow margin
Genco Shipping & Trading Ltd. (GNK) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 2.98x current ratio provides a solid financial cushion.
GNK Profit Margin, ROE & Profitability Analysis
GNK vs Transportation Sector: How Genco Shipping & Trading Ltd. Compares
How Genco Shipping & Trading Ltd. compares to Transportation sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Genco Shipping & Trading Ltd. Stock Overvalued? GNK Valuation Analysis 2026
Based on fundamental analysis, Genco Shipping & Trading Ltd. has mixed fundamental signals relative to the Transportation sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Genco Shipping & Trading Ltd. Balance Sheet: GNK Debt, Cash & Liquidity
GNK Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Genco Shipping & Trading Ltd.'s revenue has grown significantly by 37% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.30 indicates the company is currently unprofitable.
GNK Revenue Growth, EPS Growth & YoY Performance
GNK Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $71.3M | $9.3M | $0.21 |
| Q3 2025 | $79.9M | -$1.1M | $-0.02 |
| Q2 2025 | $80.9M | -$6.8M | $-0.16 |
| Q1 2025 | $71.3M | -$11.9M | $-0.28 |
| Q3 2024 | $83.4M | -$17.8M | $-0.42 |
| Q2 2024 | $90.6M | $11.6M | $0.27 |
| Q1 2024 | $94.4M | $2.6M | $0.06 |
| Q3 2023 | $83.4M | -$17.8M | $-0.42 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Genco Shipping & Trading Ltd. Dividends, Buybacks & Capital Allocation
GNK SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Genco Shipping & Trading Ltd. (CIK: 0001326200)
📋 Recent SEC Filings
❓ Frequently Asked Questions about GNK
What is the AI rating for GNK?
Genco Shipping & Trading Ltd. (GNK) has a Combined AI Grade of B from Claude (B) and ChatGPT (B) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are GNK's key strengths?
Claude: Fortress balance sheet with low leverage (0.36x Debt/Equity) and $885.4M equity base. Exceptional liquidity: 2.98x current ratio and 2.41x quick ratio provide substantial financial flexibility. ChatGPT: Low leverage (0.21x D/E) and robust liquidity (2.39x current ratio). Positive free cash flow (8.4% margin) despite net loss.
What are the risks of investing in GNK?
Claude: Severe revenue contraction of 19.1% YoY signals prolonged shipping market downturn. Catastrophic earnings deterioration with 105.7% EPS decline indicates profitability crisis. ChatGPT: Revenue down 19% YoY with negative net income and compressed margins. Weak interest coverage (1.8x) limits downside protection.
What is GNK's revenue and growth?
Genco Shipping & Trading Ltd. reported revenue of $114.4M.
Does GNK pay dividends?
Genco Shipping & Trading Ltd. pays dividends, with $22.6M distributed to shareholders in the trailing twelve months.
Where can I find GNK SEC filings?
Official SEC filings for Genco Shipping & Trading Ltd. (CIK: 0001326200) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is GNK's EPS?
Genco Shipping & Trading Ltd. has a diluted EPS of $0.21.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is GNK's fundamental grade?
Based on our AI fundamental analysis in June 2026, Genco Shipping & Trading Ltd. has a B grade with 70% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is GNK stock overvalued or undervalued?
Valuation metrics for GNK: ROE of 1.1% (sector avg: 18%), net margin of 8.1% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
What is GNK's AI grade for 2026?
Our dual AI analysis gives Genco Shipping & Trading Ltd. a combined B grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is GNK's free cash flow?
Genco Shipping & Trading Ltd.'s operating cash flow is $15.7M, with capital expenditures of $405.0K. FCF margin is 13.4%.
How does GNK compare to other Transportation stocks?
Vs Transportation sector averages: Net margin 8.1% (avg: 10%), ROE 1.1% (avg: 18%), current ratio 2.98 (avg: 1).