Genco Shipping & Trading (GNK) Receivables - Net (2009 - 2026)
Genco Shipping & Trading (GNK) posted quarterly Receivables - Net of $20.3 million for Q1 2026, up 11.32% year-over-year from $18.2 million in Q1 2025, and up 41.93% quarter-over-quarter from $14.3 million in Q4 2025.
Genco Shipping & Trading (GNK) Receivables - Net (2009 - 2026) Analysis & Trends
Genco Shipping & Trading (GNK) has reported Receivables - Net for 18 consecutive years, with $20.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Receivables - Net rose 11.32% year-over-year to $20.3 million; the TTM figure through Mar 2026 stood at $20.3 million (up 11.32% YoY), while the FY2025 annual figure was $14.3 million, down 33.18% from the prior year.
- Receivables - Net climbed to $20.3 million in Q1 2026 per GNK's latest filing, from $14.3 million in the prior quarter.
- Across five years, Receivables - Net topped out at $29.7 million in Q2 2024 and bottomed at $13.9 million in Q3 2025.
- Historically, Receivables - Net has averaged $20.2 million across 5 years, with a median of $20.0 million in 2022.
- Annual changes were most pronounced in 2022 — Receivables - Net surged 79.44% — and 2025, when it slumped 52.5%.
- Genco Shipping & Trading's Receivables - Net stood at $25.3 million in 2022, then fell by 29.68% to $17.8 million in 2023, then rose by 19.99% to $21.4 million in 2024, then tumbled by 33.18% to $14.3 million in 2025, then soared by 41.93% to $20.3 million in 2026.
- Business Quant data shows GNK's Receivables - Net at $20.3 million in Q1 2026, $14.3 million in Q4 2025, and $13.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn |
| 10 | Genco Shipping & Trading | 1.15 Bn | 1.15 Bn | 92.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.72 Mn |
| Jun 30, 2026 | 26.72 Mn |
| Mar 31, 2026 | 20.27 Mn |
| Mar 31, 2026 | 20.27 Mn |
| Dec 31, 2025 | 14.28 Mn |
| Dec 31, 2025 | 14.28 Mn |
| Sep 30, 2025 | 13.94 Mn |
| Sep 30, 2025 | 13.94 Mn |
| Jun 30, 2025 | 14.09 Mn |
| Jun 30, 2025 | 14.09 Mn |
| Mar 31, 2025 | 18.21 Mn |
| Mar 31, 2025 | 18.21 Mn |
| Dec 31, 2024 | 21.38 Mn |
| Dec 31, 2024 | 21.38 Mn |
| Sep 30, 2024 | 20.43 Mn |
| Sep 30, 2024 | 20.43 Mn |
| Jun 30, 2024 | 29.67 Mn |
| Jun 30, 2024 | 29.67 Mn |
| Mar 31, 2024 | 21.89 Mn |
| Mar 31, 2024 | 21.89 Mn |