GNKGenco Shipping & Trading Limited

$25.81

Is the business good?

How good a business is GNK?

Genco Shipping & Trading Limited earns 2.1% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

2.1%

Return on invested capital · cost of capital 9.0% · 6.9 points below what the capital costs: growth destroys value

Operating margin
7.9%

Operating margin · Marine Shipping median 28% · 12 months to Q1 2026

Cash conversion
2.48×

Cash conversion · 2.06× a year ago · every dollar of reported profit arrived as cash, and more

Share count, year on year
+2.8%

Share count, year on year · shareholders own a smaller slice than a year ago

Operating margin by fiscal year
YearOperating margin
FY2020−57%
FY202137%
FY202231%
FY2023−1.5%
FY202421%
FY20252.2%
Details
Gross margin12 months to Q1 2026
74%
Operating margin12 months to Q1 2026
7.9%
Net margin12 months to Q1 2026
4.4%
Free cash flow margin
11%
Revenue, trailing twelve months
$385M
Free cash flow, trailing twelve months
$42M
Net income, trailing twelve months
$17M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
2.1%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.