Genco Shipping & Trading Limited
GNKIndustrialsNASDAQMarine Shipping · Last scanned Jun 3, 2026
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Daily timeframeGenco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of drybulk cargoes worldwide. Valued at $1.05B, GNK is a small-cap name in its sector. It operates through two segments: major bulk and minor bulk fleet.
Market Cap
$1.05B
Beta
0.94
P/E (TTM)
61.95
P/E (Fwd)
14.08
EPS (TTM)
$0.39
EPS (Fwd)
$1.72
ROE
1.9%
ROA
1.8%
Cash
$54.8M
Total Debt
$324.5M
Free CF
-$139.8M
52W Change
80.8%
Annual Financials
Cash vs Debt
On the balance sheet, GNK has $54.8M in cash with $324.5M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company is burning cash, with free cash flow at -$139.8M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of 1.9% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 1.8% is on the lower side, which is common in asset-heavy industries. Revenue has pulled back from $536.9M (2022) to $342.1M (2025), a 36% decline worth watching.
Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. At over 50x earnings, GNK carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing GNK.