Genco Shipping & Trading (GNK) EBIT (2009 - 2026)
Genco Shipping & Trading (GNK) posted quarterly EBIT of $13.3 million for Q1 2026, up 236.25% year-over-year from $4.0 million in Q1 2025, and down 30.06% quarter-over-quarter from $19.0 million in Q4 2025.
Genco Shipping & Trading (GNK) EBIT (2009 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has reported EBIT for 18 consecutive years, with $13.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBIT rose 236.25% year-over-year to $13.3 million; the TTM figure through Mar 2026 stood at $30.6 million (down 44.64% YoY), while the FY2025 annual figure was $7.5 million, down 91.42% from the prior year.
- EBIT slipped to $13.3 million in Q1 2026 per GNK's latest filing, from $19.0 million in the prior quarter.
- Across five years, EBIT topped out at $49.2 million in Q2 2022 and bottomed at -$30.4 million in Q3 2023.
- Historically, EBIT has averaged $15.8 million across 5 years, with a median of $14.6 million in 2024.
- Annual changes were most pronounced in 2022 — EBIT surged 567.19% — and 2023, when it plunged 167.19%.
- Genco Shipping & Trading's EBIT stood at $30.8 million in 2022, then sank by 77.13% to $7.0 million in 2023, then soared by 107.59% to $14.6 million in 2024, then surged by 30.29% to $19.0 million in 2025, then plunged by 30.06% to $13.3 million in 2026.
- Business Quant data shows GNK's EBIT at $13.3 million in Q1 2026, $19.0 million in Q4 2025, and $2.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 122.36 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 158.90 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 109.86 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -18.30 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 132.73 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 337.11 Mn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 349.92 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 227.25 Mn |
| 10 | Genco Shipping & Trading | 1.15 Bn | 1.15 Bn | 92.30 Mn | 21.75 Mn |
Historic Data
Download 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 |