Genco Shipping & Trading (GNK) EBIT (2009 - 2026)
Genco Shipping & Trading (GNK) reported 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 18 years of EBIT data on file, last reported at $13.3 million in Q1 2026.
- EBIT for Q1 2026 came in at $13.3 million, up 236.25% year-over-year; the trailing twelve-month figure through Mar 2026 was $30.6 million (down 44.64% YoY), and the FY2025 annual result was $7.5 million, down 91.42% from the prior year.
- EBIT declined to $13.3 million in Q1 2026 per GNK's latest filing, from $19.0 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 $15.8 million and a median of $14.6 million in 2024 frame the typical range for EBIT.
- The sharpest annual moves came in 2022 and 2023: EBIT surged 567.19% in 2022, then plunged 167.19% in 2023.
- A 5-year view of EBIT shows it stood at $30.8 million in 2022, then plunged by 77.13% to $7.0 million in 2023, then surged by 107.59% to $14.6 million in 2024, then jumped by 30.29% to $19.0 million in 2025, then tumbled 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 5.26 Mn |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | -267.60 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 61.40 Mn |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 109.86 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 76.74 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | -18.30 Mn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | 97.31 Mn |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 285.84 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | 97.42 Mn |
| 10 | Genco Shipping & Trading | 1.08 Bn | 1.08 Bn | 39.25 Mn | 13.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 36.25 Mn |