Genco Shipping & Trading GNK
NYSE GNK
$26.02 +0.09 (+0.35%)
As of: Sep 29, 2026 · 3:59 PM EDT

Genco Shipping & Trading (GNK) Gross Margin (2009 - 2026)

Updated

Genco Shipping & Trading's Gross Margin was 67.66% in Q2 2026, up 9.71 percentage points from 57.95% a year earlier and up 4.72 percentage points from the prior quarter.

Analysis

Genco Shipping & Trading (GNK) Gross Margin (2009 - 2026) Analysis & Trends

On a trailing twelve-month basis, Genco Shipping & Trading's Gross Margin was 67.28% through Jun 30, 2026, up 3.28 percentage points year-over-year; for FY2025, it was 64.53%, down 3.34 percentage points from FY2024.

  • Gross Margin shows a five-year change of -10.89 percentage points (FY2020 to FY2025).
  • In earlier years, Gross Margin was 67.86% in FY2024 (+7.44 pp), 60.42% in FY2023 (-21.05 pp), 81.47% in FY2022 (-3.52 pp) and 85.00% in FY2021 (+9.58 pp).
  • Quarterly Gross Margin has moved between 57.95% (Q2 2025) and 87.74% (Q4 2021) over five years.
  • Compared with a year earlier, Gross Margin has increased for three straight quarters, with an average year-over-year change of -1.70 percentage points over the last eight quarters.
  • The best year-over-year quarter for Gross Margin over five years was Q3 2021 (a gain of 12.77 percentage points); the worst was Q3 2023 (a drop of 13.44 percentage points).
  • Per Business Quant data, GNK's Gross Margin in the three quarters before Q2 2026 was 62.94% (Q1 2026), 70.20% (Q4 2025) and 68.82% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Union Pacific 162.85 Bn 157.37 Bn - -
2 Csx 86.62 Bn 82.84 Bn - -
3 Canadian Pacific Kansas City 76.11 Bn 75.83 Bn - -
4 United Parcel Service 70.66 Bn 47.58 Bn - -
5 Norfolk Southern 70.32 Bn 64.96 Bn - -
6 Fedex 68.53 Bn 34.48 Bn - -
7 Delta Air Lines 55.25 Bn 37.43 Bn - -
8 Old Dominion Freight Line 36.69 Bn 35.95 Bn - -
9 Ryanair Holdings 28.78 Bn 12.78 Bn 3.13 Bn 61.47%
10 Genco Shipping & Trading 1.13 Bn 1.13 Bn 92.30 Mn 67.66%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 67.66%
Mar 31, 2026 62.94%
Dec 31, 2025 70.20%
Sep 30, 2025 68.82%
Jun 30, 2025 57.95%
Mar 31, 2025 58.42%
Dec 31, 2024 66.62%
Sep 30, 2024 70.29%
Jun 30, 2024 69.51%
Mar 31, 2024 65.35%
Dec 31, 2023 78.04%
Sep 30, 2023 70.31%
Jun 30, 2023 75.06%
Mar 31, 2023 74.16%
Dec 31, 2022 83.54%
Sep 30, 2022 83.75%
Jun 30, 2022 78.61%
Mar 31, 2022 80.17%
Dec 31, 2021 87.74%
Sep 30, 2021 85.97%
API Access

Genco Shipping & Trading Gross Margin API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=gross-margin&ticker=GNK&period=max&api_key=YOUR_API_KEY