Genco Shipping & Trading (GNK) Profit After Tax (2009 - 2026)
Genco Shipping & Trading (GNK) reported Profit After Tax of $9.3 million for Q1 2026, up 177.82% year-over-year from $3.4 million in Q1 2025, and down 39.29% quarter-over-quarter from $15.3 million in Q4 2025.
Genco Shipping & Trading (GNK) Profit After Tax (2009 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has 18 years of Profit After Tax data on file, last reported at $9.3 million in Q1 2026.
- Profit After Tax for Q1 2026 came in at $9.3 million, up 177.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $16.8 million (down 63.42% YoY), and the FY2025 annual result was -$4.5 million, down 105.9% from the prior year.
- Profit After Tax declined to $9.3 million in Q1 2026 per GNK's latest filing, from $15.3 million in the prior quarter.
- Over five years, Profit After Tax peaked at $47.6 million in Q2 2022 and troughed at -$32.0 million in Q3 2023.
- A 5-year average of $13.4 million and a median of $12.8 million in 2024 frame the typical range for Profit After Tax.
- The sharpest annual moves came in 2022 and 2023: Profit After Tax surged 2009.07% in 2022, then plunged 178.39% in 2023.
- A 5-year view of Profit After Tax shows it stood at $28.8 million in 2022, then slumped by 82.28% to $5.1 million in 2023, then jumped by 150.09% to $12.8 million in 2024, then gained by 20.06% to $15.3 million in 2025, then tumbled by 39.29% to $9.3 million in 2026.
- Business Quant data shows GNK's Profit After Tax at $9.3 million in Q1 2026, $15.3 million in Q4 2025, and -$1.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | 3.20 Mn |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 91.18 Mn |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 56.60 Mn |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | 109.65 Mn |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | 66.06 Mn |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | -86.30 Mn |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | 81.90 Mn |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | 106.34 Mn |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | 93.83 Mn |
| 10 | Genco Shipping & Trading | 1.08 Bn | 1.08 Bn | 39.25 Mn | 9.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.31 Mn |
| Dec 31, 2025 | 15.33 Mn |
| Sep 30, 2025 | -1.05 Mn |
| Jun 30, 2025 | -6.81 Mn |
| Mar 31, 2025 | -11.96 Mn |
| Dec 31, 2024 | 12.77 Mn |
| Sep 30, 2024 | 21.57 Mn |
| Jun 30, 2024 | 23.49 Mn |
| Mar 31, 2024 | 18.94 Mn |
| Dec 31, 2023 | 5.11 Mn |
| Sep 30, 2023 | -32.00 Mn |
| Jun 30, 2023 | 11.54 Mn |
| Mar 31, 2023 | 2.86 Mn |
| Dec 31, 2022 | 28.83 Mn |
| Sep 30, 2022 | 40.83 Mn |
| Jun 30, 2022 | 47.63 Mn |
| Mar 31, 2022 | 41.87 Mn |
| Dec 31, 2021 | 90.89 Mn |
| Sep 30, 2021 | 57.13 Mn |
| Jun 30, 2021 | 32.04 Mn |