Genco Shipping & Trading (GNK) Gross Margin (2009 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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% |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "GNK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=GNK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();