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GENCO SHIPPING & TRADING LTD

CIK: 1326200 SIC: 4412
$342.05M
Revenue
$-4.37M
Net Income
-
Gross Margin
2.18%
Op. Margin
$37.53M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 15 of 15 annual reports available (2010 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
+ Total Revenue $342.05M $342.05M $423.02M $383.82M $536.93M $547.13M $355.56M $389.50M $367.52M $209.70M $135.59M $153.96M $227.46M $226.45M $392.21M $448.69M
Revenue Growth % -0.0% -19.1% 10.2% -28.5% -1.9% 53.9% -8.7% 6.0% 75.3% 54.7% -11.9% -32.3% 0.4% -42.3% -12.6% nan%
Operating Expenses $334.58M $334.58M $335.97M $389.67M $369.70M $346.01M $558.90M $417.90M $367.01M $239.31M $322.06M $346.83M $294.37M $295.80M $279.57M $227.40M
+ Operating Income $7.47M $7.47M $87.05M $-5.85M $167.24M $201.12M $-203.34M $-28.40M $516.00K $-29.61M $-186.48M $-192.87M $-66.91M $-69.34M $112.64M $221.29M
Operating Margin % 2.2% 2.2% 20.6% -1.5% 31.1% 36.8% -57.2% -7.3% 0.1% -14.1% -137.5% -125.3% -29.4% -30.6% 28.7% 49.3%
Interest Expense $10.03M $10.03M $11.91M $8.78M $9.09M $15.36M $22.41M $31.95M $33.09M $30.50M $28.45M $20.03M $88.22M $87.56M $86.72M $72.65M
Interest Income $1.49M $1.48M $2.98M $2.67M $1.04M $154.00K $1.03M $4.09M $3.80M $1.55M $204.00K $110.00K - $378.00K $616.00K $685.00K
Other Income/Expense $-530.00K $-531.00K $-234.00K $-396.00K $178.00K $541.00K $-851.00K $501.00K $367.00K $-164.00K $645.00K $-796.00K $-76.00K $-29.00K $-80.00K $-77.00K
Income Before Tax - - - - - - - - $-32.94M $-58.73M $-217.05M $-252.55M $-155.12M $-156.55M $26.45M $149.25M
Income Tax Expense - - - - - - - - - - $709.00K $1.82M $1.90M $1.22M $1.39M $1.84M
+ Net Income $-4.37M $-4.37M $76.40M $-12.87M $158.58M $182.01M $-225.57M $-55.98M $-32.94M $-58.73M $-217.76M $-254.37M $-157.02M $-157.78M $25.07M $141.24M
Net Margin % -1.3% -1.3% 18.1% -3.4% 29.5% 33.3% -63.4% -14.4% -9.0% -28.0% -160.6% -165.2% -69.0% -69.7% 6.4% 31.5%
Basic EPS -0.10 -0.10 1.77 -0.30 3.74 4.33 -5.38 -1.34 -0.86 -1.71 -30.03 -2.96 -3.42 -3.47 0.72 4.28
Diluted EPS -0.10 -0.10 1.75 -0.30 3.70 4.27 -5.38 -1.34 -0.86 -1.71 -30.03 -2.96 -3.42 -3.47 0.72 4.07
Basic Shares Outstanding - 43.4M 43.1M 42.8M 42.4M 42.1M 41.9M 41.8M 38.4M 34.2M 7.3M 65.8M 43.2M 41.7M 35.2M 33.0M
Diluted Shares Outstanding - 43.4M 43.7M 42.8M 42.9M 42.6M 41.9M 41.8M 38.4M 34.2M 7.3M 65.8M 43.2M 41.7M 35.3M 35.9M
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
Cash & Cash Equivalents $55.54M $43.69M $46.54M $58.14M $114.57M $143.87M $155.89M $197.50M $174.48M $133.40M $121.07M $122.72M $72.60M $227.97M $270.88M
Accounts Receivable $14.28M $21.38M $17.82M $25.33M $20.12M $12.99M $13.70M $22.31M $12.86M $10.37M $10.59M $14.24M $11.71M $13.69M $8.79M
Inventory $25.19M $22.23M $26.75M $21.60M $24.56M $21.58M $27.21M $29.55M $15.33M - - - - - -
Other Current Assets $1.79M $1.65M $10.15M $8.40M $9.94M $10.86M $10.05M $10.45M $22.67M $15.75M $21.37M $19.07M $18.15M $17.71M $14.01M
Total Current Assets $109.06M $97.99M $157.27M $125.43M $174.83M $247.20M $223.19M $270.45M $217.24M $172.60M $172.53M $165.88M $102.46M $259.37M $293.68M
Property Plant & Equipment $7.49M $7.18M $7.07M $8.56M $7.24M $6.39M $5.98M $2.29M $1.01M $1.02M $1.29M $5.10M $5.26M $5.59M $2.31M
Other Non-current Assets - - - - - - - - $514.00K - - - - $514.00K -
Total Assets $1.14B $1.06B $1.14B $1.17B $1.20B $1.23B $1.53B $1.63B $1.52B $1.57B $1.72B $2.96B $2.84B $3.12B $3.18B
Accounts Payable $18.64M $17.48M - - - - - - - - - - - - -
Deferred Revenue $8.83M $4.67M $8.75M $4.96M $10.08M $8.42M $6.63M $6.40M $4.72M - - - - - -
Total Current Liabilities $45.67M $40.66M $35.29M $36.54M $41.90M $113.62M $127.66M $101.87M $52.45M $28.95M $616.96M $1.48B $25.68M $221.70M $118.02M
Long-term Debt $189.08M $82.17M $190.17M $164.92M $238.23M $358.93M $412.98M $468.83M $490.89M $508.44M - $163.62M $1.41B - -
Total Liabilities $240.29M $128.37M $227.26M $205.56M $286.33M $487.81M $550.46M $574.16M $545.93M $539.26M $618.11M $1.65B $1.58B $1.76B $1.83B
Common Stock $432.00K $427.00K $425.00K $423.00K $419.00K $418.00K $417.00K $416.00K $345.00K $74.00K $728.00K $445.00K $443.00K $363.00K $359.00K
Retained Earnings $-569.08M $-564.72M $-641.12M $-628.25M $-786.82M $-968.83M $-743.26M $-687.27M $-653.67M $-594.95M $-377.19M $66.64M $214.39M $359.35M $334.02M
Total Stockholders Equity $896.48M $926.74M $913.26M $967.43M $916.59M $744.99M $978.43M $1.05B $975.03M $1.03B $1.11B $967.47M $1.07B $1.15B $1.13B
Total Liabilities & Equity $1.14B $1.06B $1.14B $1.17B $1.20B $1.23B $1.53B $1.63B $1.52B $1.57B $1.72B $2.96B $2.84B $3.12B $3.18B
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
FY 2020
(Dec 31, 2020)
FY 2019
(Dec 31, 2019)
FY 2018
(Dec 31, 2018)
FY 2017
(Dec 31, 2017)
FY 2016
(Dec 31, 2016)
FY 2015
(Dec 31, 2015)
FY 2013
(Dec 31, 2013)
FY 2012
(Dec 31, 2012)
FY 2011
(Dec 31, 2011)
FY 2010
(Dec 31, 2010)
Net Income $-16.29M $-4.37M $76.40M $-12.87M $158.58M $182.01M $-225.57M $-55.98M $-32.94M $-58.73M $-217.76M $-254.37M $-157.02M $-157.78M $25.07M $141.24M
Depreciation & Amortization $76.23M $76.23M $68.67M $66.47M $60.19M $56.23M $65.17M $72.82M $68.98M $71.78M $76.33M $79.56M $140.74M $139.06M $136.20M $115.66M
Stock-based Compensation $8.54M $7.05M $5.85M $5.53M $3.24M $2.27M $2.03M $2.06M $2.23M $4.05M $20.68M $42.14M $4.48M $5.86M $8.34M $7.22M
Change in Receivables $-17.54M $-7.09M $3.56M $-7.52M $5.22M $7.12M $-710.00K $-8.61M $10.10M $2.48M $-213.00K $-4.15M $2.53M $-1.97M $4.89M $6.68M
Change in Inventory $2.30M $2.95M $-4.51M $5.15M $-2.96M $2.98M $-5.62M $-2.34M $14.21M $6.49M $-844.00K - - - - -
Operating Cash Flow $43.09M $31.89M $126.85M $91.78M $189.32M $231.12M $36.90M $59.53M $65.91M $26.52M $-49.98M $-56.09M - - - $262.68M
Capital Expenditure $5.56M $3.18M $3.00M $2.71M $3.57M $1.58M $4.58M $4.71M $1.46M $290.00K $329.00K $770.00K $1.21M $2.11M $2.29M -
Purchases of Investments - - - - - - - - - - - - $-100.00K - - -
Investing Cash Flow $-101.15M $-91.57M $47.85M $-91.62M $-55.02M $-67.57M $37.44M $-22.85M $-195.38M $14.96M $22.73M $-66.65M - - - $-870.23M
Stock Issued - - - - - - - - $110.25M - - - - $50.72M - $55.20M
Dividends Paid $66.12M $32.81M $67.51M $40.91M $115.73M $13.46M $9.85M $20.88M - - - - - - - -
Financing Cash Flow $47.89M $71.22M $-177.55M $-17.40M $-190.74M $-222.69M $-56.91M $-77.19M $127.28M $-5.60M $55.44M $150.52M - - - $690.16M
Net Change in Cash $-10.16M $11.54M $-2.85M $-17.24M $-56.43M $-59.15M $17.43M $-40.51M $-2.19M $35.88M $28.18M $27.78M - - - $82.61M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $79.92M - $232.13M -
Operating Expenses $77.45M - $243.69M -
Operating Income $2.47M - $-11.56M -
Interest Expense $3.15M - $8.26M -
Interest Income $388.00K - $1.00M -
Other Income/Expense $-104.00K - $-350.00K -
Net Income $-1.05M $23.49M $-19.78M -
Basic EPS -0.02 - -0.46 -
Diluted EPS -0.02 - -0.46 -
Basic Shares Outstanding $43.41M - $43.32M -
Diluted Shares Outstanding $43.41M - $43.32M -
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $89.95M $43.69M
Accounts Receivable $13.94M $21.38M
Inventory $21.55M $22.23M
Other Current Assets $7.82M $10.38M
Total Current Assets $133.26M $97.99M
Property Plant & Equipment $7.97M $7.18M
Total Assets $1.11B $1.06B
Deferred Revenue $4.70M $4.67M
Total Current Liabilities $56.36M $40.66M
Long-term Debt $158.48M $82.17M
Total Liabilities $220.30M $128.37M
Common Stock $432.00K $427.00K
Retained Earnings $-584.49M $-564.72M
Total Stockholders Equity $885.89M $926.74M
Total Liabilities & Equity $1.11B $1.06B
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $-1.05M $23.49M $-19.78M -
Depreciation & Amortization $19.30M - $55.09M -
Stock-based Compensation $1.92M - $5.20M -
Change in Receivables - - $-7.43M -
Change in Inventory - - $-687.00K -
Operating Cash Flow - - $15.99M -
Capital Expenditure - - $2.89M -
Investing Cash Flow - - $-17.76M -
Dividends Paid - - $26.32M -
Financing Cash Flow - - $47.71M -
Net Change in Cash - - $45.95M -

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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