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Other financials

Income statement

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Revenue$136.4M+68.5%
Operating income$21.8M+610%
Net income$16.6M+345%
EPS (diluted)$0.37+331%

Balance sheet

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Cash & equivalents$73.6M+108%
Total debt$325.2M+229%
Total equity$888.6M-0.3%
Total assets$1.3B+21.3%

Cash flow

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Operating cash flow$33.2M+516%
Free cash flow$32.5M+652%

Valuation

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Market cap$1.1B+59.0%
Enterprise value$1.36B+78.9%
P/E61×
P/S2.5×+0.5×

Profitability

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Operating margin12.8%+5.8pp
Net margin-2.1%
FCF margin15.9%-4.2pp

Returns & leverage

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Return on equity-0.8%
Debt / equity0.4×+0.3×
Current ratio+1.3×

Where this comes from

Reported directly by Genco Shipping & Trading in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Genco Shipping & Trading’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 5:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-091231
Line itemFor the Six Months Ended / June 30, 2026For the Six Months Ended / June 30, 2025
Net cash provided by operating activities48,9388,303
Cash flows from investing activities:
Purchase of vessels and ballast water treatment systems, including deposits(143,185)(5,799)
Purchase of other fixed assets(1,119)(1,726)
Net proceeds from sale of vessels21,073
Insurance proceeds for hull and machinery claims1,024864
Net cash used in investing activities(122,207)(6,661)
Cash flows from financing activities:

Item 1. Financial Statements (unaudited)

FAQ

What is Genco Shipping & Trading's capex?
Genco Shipping & Trading (GNK) reported capex of $714K in Q2 2026.
How has Genco Shipping & Trading's capex changed year-over-year?
Genco Shipping & Trading's capex decreased by 33.5% year-over-year, from $1.07M to $714K.
What is the long-term trend for Genco Shipping & Trading's capex?
Over 4 years (2021 to 2025), Genco Shipping & Trading's capex has grown at a 19.0% compound annual growth rate (CAGR), from $1.59M to $3.18M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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