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Genco Shipping & Trading GNK Cargo And Freight — Revenue

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Other financials

Income statement

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Revenue$114.4M+60.6%
Operating income$13.3M+236%
Net income$9.3M+178%
EPS (diluted)$0.21+175%

Balance sheet

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Cash & equivalents$54.8M+81.1%
Total debt$324.5M+264%
Total equity$885.4M-2.0%
Total assets$1.3B+20.6%

Cash flow

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Operating cash flow$15.7M+441%
CapEx$405.0K-37.9%
Free cash flow$15.3M+579%

Valuation

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Market cap$1.05B+85.5%
Enterprise value$1.32B+111%
P/S2.7×+1.2×

Profitability

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Operating margin7.9%-6.7pp
Net margin-2.1%
FCF margin10.8%-14.1pp

Returns & leverage

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Return on equity-0.8%
Debt / equity0.4×+0.3×
Current ratio+1.2×

Where this comes from

Reported directly by Genco Shipping & Trading in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The official record: Genco Shipping & Trading’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Genco Shipping & Trading's cargo and freight — revenue?
Genco Shipping & Trading (GNK) reported cargo and freight — revenue of $114.43M in Q1 2026.
How has Genco Shipping & Trading's cargo and freight — revenue changed year-over-year?
Genco Shipping & Trading's cargo and freight — revenue increased by 60.6% year-over-year, from $71.27M to $114.43M.
What is the long-term trend for Genco Shipping & Trading's cargo and freight — revenue?
Over 4 years (2021 to 2025), Genco Shipping & Trading's cargo and freight — revenue has grown at a -11.1% compound annual growth rate (CAGR), from $547.13M to $342.05M.
What does cargo and freight — revenue mean?
This metric represents the total gross revenue generated from the transportation of drybulk commodities, including iron ore, coal, and grain. It encompasses income derived from time charters, spot market voyage charters, and pool agreements within the drybulk shipping segment. This figure serves as a primary indicator of the company's top-line performance and market demand for its vessel fleet capacity.