Genco Shipping & Trading (GNK) Net Margin (2009 - 2026)
Genco Shipping & Trading's (GNK) quarterly Net Margin came in at 12.17% in Q2 2026, up 2030.0% year-over-year from 0.57% in Q2 2025, and up 46.96% quarter-over-quarter from 8.28% in Q1 2026.
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Genco Shipping & Trading (GNK) Net Margin (2009 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has reported Net Margin for 18 consecutive years, with 12.17% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin rose 2030.0% year-over-year to 12.17% in Q2 2026; TTM through Jun 2026 was 9.37%, a 488.0% increase from a year earlier, with the FY2025 full-year figure at 0.97%, down 1911.0% from the prior year.
- Net Margin was 12.17% for Q2 2026 at Genco Shipping & Trading, up from 8.28% in the prior quarter.
- Over five years, Net Margin peaked at 34.01% in Q2 2022 and troughed at 38.1% in Q3 2023.
- A 5-year average of 10.13% and a median of 12.58% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin tumbled 6987 bps in 2023 and surged 6006 bps in 2024, its largest moves.
- Over 5 years, Net Margin stood at 23.05% in 2022, then slumped by 80 bps to 4.51% in 2023, then jumped by 179 bps to 12.56% in 2024, then rose by 12 bps to 14.11% in 2025, then declined by 14 bps to 12.17% in 2026.
- The last three Net Margin figures came in at 12.17% (Q2 2026), 8.28% (Q1 2026), and 14.11% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 70.00% |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 9.74% |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 13.35% |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 63.09% |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 34.40% |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 59.92% |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 109.93% |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 3.57% |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 37.70% |
| 10 | Genco Shipping & Trading | 1.17 Bn | 1.17 Bn | 92.30 Mn | 12.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.17% |
| Mar 31, 2026 | 8.28% |
| Dec 31, 2025 | 14.11% |
| 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 | 4.51% |
| Sep 30, 2023 | -38.10% |
| Jun 30, 2023 | 12.61% |
| Mar 31, 2023 | 3.37% |
| Dec 31, 2022 | 23.05% |
| Sep 30, 2022 | 31.77% |
| Jun 30, 2022 | 34.01% |
| Mar 31, 2022 | 29.27% |
| Dec 31, 2021 | 49.54% |
| Sep 30, 2021 | 39.58% |