Genco Shipping & Trading (GNK) Net Margin (2009 - 2026)
Genco Shipping & Trading (GNK) posted quarterly Net Margin of 8.28% for Q1 2026, up 2505.0% year-over-year from 0.32% in Q1 2025, and down 34.59% quarter-over-quarter from 12.67% in Q4 2025.
Genco Shipping & Trading (GNK) Net Margin (2009 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has reported Net Margin for 18 consecutive years, with 8.28% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 2505.0% year-over-year to 8.28%; the TTM figure through Mar 2026 stood at 4.29% (down 789.0% YoY), while the FY2025 annual figure was 0.97%, down 1911.0% from the prior year.
- Net Margin retreated to 8.28% in Q1 2026 per GNK's latest filing, from 12.67% in the prior quarter.
- Across five years, Net Margin topped out at 34.01% in Q2 2022 and bottomed at 38.1% in Q3 2023.
- Historically, Net Margin has averaged 10.65% across 5 years, with a median of 12.67% in 2025.
- Annual changes were most pronounced in 2022 — Net Margin sank 42317 bps — and 2024, when it soared 6006 bps.
- Genco Shipping & Trading's Net Margin stood at 27.94% in 2022, then slumped by 53 bps to 13.23% in 2023, then fell by 5 bps to 12.56% in 2024, then advanced by 1 bps to 12.67% in 2025, then tumbled by 35 bps to 8.28% in 2026.
- Business Quant data shows GNK's Net Margin at 8.28% in Q1 2026, 12.67% in Q4 2025, and 0.37% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 9.74% |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 13.35% |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 49.85% |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -6.18% |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 55.33% |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | -18,060,171.32% |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 107.50% |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 38.54% |
| 10 | Genco Shipping & Trading | 1.15 Bn | 1.15 Bn | 92.30 Mn | 12.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.17% |
| Mar 31, 2026 | 8.28% |
| Dec 31, 2025 | 12.67% |
| Sep 30, 2025 | -0.37% |
| Jun 30, 2025 | -8.13% |
| Mar 31, 2025 | -16.77% |
| Dec 31, 2024 | 12.56% |
| Sep 30, 2024 | 21.96% |
| Jun 30, 2024 | 22.03% |
| Mar 31, 2024 | 16.07% |
| Dec 31, 2023 | 13.23% |
| Sep 30, 2023 | -38.10% |
| Jun 30, 2023 | 12.61% |
| Mar 31, 2023 | 1.99% |
| Dec 31, 2022 | 27.94% |
| Sep 30, 2022 | 31.77% |
| Jun 30, 2022 | 34.01% |
| Mar 31, 2022 | 29.27% |
| Dec 31, 2021 | 451.11% |
| Sep 30, 2021 | 39.58% |