Genco Shipping & Trading (GNK) EBIT (2009 - 2026)
Genco Shipping & Trading's (GNK) quarterly EBIT came in at $21.8 million in Q2 2026, up 610.37% year-over-year from $3.1 million in Q2 2025, and up 63.4% quarter-over-quarter from $13.3 million in Q1 2026.
Analysis
Genco Shipping & Trading (GNK) EBIT (2009 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has reported EBIT for 18 consecutive years, with $21.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBIT rose 610.37% year-over-year to $21.8 million in Q2 2026; TTM through Jun 2026 was $56.6 million, a 129.84% increase from a year earlier, with the FY2025 full-year figure at $7.5 million, down 91.42% from the prior year.
- EBIT was $21.8 million for Q2 2026 at Genco Shipping & Trading, up from $13.3 million in the prior quarter.
- Over five years, EBIT peaked at $49.2 million in Q2 2022 and troughed at -$30.4 million in Q3 2023.
- A 5-year average of $16.2 million and a median of $16.8 million in 2024 frame the typical range for EBIT.
- Across the five-year window, EBIT sank 167.19% in 2023 and surged 610.37% in 2026, its largest moves.
- Over 5 years, EBIT stood at $30.8 million in 2022, then sank by 77.13% to $7.0 million in 2023, then jumped by 107.59% to $14.6 million in 2024, then soared by 30.29% to $19.0 million in 2025, then climbed by 14.29% to $21.8 million in 2026.
- The last three EBIT figures came in at $21.8 million (Q2 2026), $13.3 million (Q1 2026), and $19.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 671.50 Mn |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 122.36 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 158.90 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 301.35 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 280.02 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 871.57 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 398.33 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 144.30 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 155.03 Mn |
| 10 | Genco Shipping & Trading | 1.17 Bn | 1.17 Bn | 92.30 Mn | 21.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.75 Mn |
| Mar 31, 2026 | 13.31 Mn |
| Dec 31, 2025 | 19.03 Mn |
| Sep 30, 2025 | 2.47 Mn |
| Jun 30, 2025 | -4.26 Mn |
| Mar 31, 2025 | -9.77 Mn |
| Dec 31, 2024 | 14.61 Mn |
| Sep 30, 2024 | 24.03 Mn |
| Jun 30, 2024 | 26.31 Mn |
| Mar 31, 2024 | 22.09 Mn |
| Dec 31, 2023 | 7.04 Mn |
| Sep 30, 2023 | -30.35 Mn |
| Jun 30, 2023 | 13.03 Mn |
| Mar 31, 2023 | 4.44 Mn |
| Dec 31, 2022 | 30.77 Mn |
| Sep 30, 2022 | 45.18 Mn |
| Jun 30, 2022 | 49.20 Mn |
| Mar 31, 2022 | 42.09 Mn |
| Dec 31, 2021 | 93.18 Mn |
| Sep 30, 2021 | 65.37 Mn |