Genco Shipping & Trading (GNK) Profit After Tax (2009 - 2026)
Genco Shipping & Trading (GNK) posted quarterly Profit After Tax of $9.6 million for Q1 2026, up 180.05% year-over-year from $3.4 million in Q1 2025, and down 38.16% quarter-over-quarter from $15.5 million in Q4 2025.
Genco Shipping & Trading (GNK) Profit After Tax (2009 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has reported Profit After Tax for 18 consecutive years, with $9.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Profit After Tax rose 180.05% year-over-year to $9.6 million; the TTM figure through Mar 2026 stood at $17.2 million (down 62.34% YoY), while the FY2025 annual figure was -$4.4 million, down 105.71% from the prior year.
- Profit After Tax slipped to $9.6 million in Q1 2026 per GNK's latest filing, from $15.5 million in the prior quarter.
- Across five years, Profit After Tax topped out at $47.6 million in Q2 2022 and bottomed at -$32.0 million in Q3 2023.
- Historically, Profit After Tax has averaged $13.4 million across 5 years, with a median of $12.5 million in 2024.
- Annual changes were most pronounced in 2022 — Profit After Tax surged 2009.07% — and 2023, when it sank 177.97%.
- Genco Shipping & Trading's Profit After Tax stood at $28.8 million in 2022, then tumbled by 82.28% to $5.1 million in 2023, then soared by 144.49% to $12.5 million in 2024, then climbed by 24.0% to $15.5 million in 2025, then slumped by 38.16% to $9.6 million in 2026.
- Business Quant data shows GNK's Profit After Tax at $9.6 million in Q1 2026, $15.5 million in Q4 2025, and -$1.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 89.80 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 129.40 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 109.65 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -110.10 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 151.82 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 230.31 Mn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 106.34 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 83.90 Mn |
| 10 | Genco Shipping & Trading | 1.15 Bn | 1.15 Bn | 92.30 Mn | 16.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 16.74 Mn |
| Mar 31, 2026 | 9.58 Mn |
| Dec 31, 2025 | 15.48 Mn |
| Sep 30, 2025 | -1.08 Mn |
| Jun 30, 2025 | -6.81 Mn |
| Mar 31, 2025 | -11.96 Mn |
| Dec 31, 2024 | 12.49 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 | 41.05 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 |