What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Genco Shipping & Trading GNK Gross Profit

Gross Profit at other companies

World KinectWKC

$271.2M+17.7%

Global PartnersGLP

$332.17M+30.1%

Penske Automotive GroupPAG

$1.3B-1.7%

Kinder MorganKMI

——

Segments

By segment

See full

Major Bulk$39.25M+125%

Minor Bulk$32.77M+35.6%

Other financials

Income statement

See full

Revenue$114.4M+60.6%

Operating income$13.3M+236%

Net income$9.3M+178%

EPS (diluted)$0.21+175%

Balance sheet

See full

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

See full

Operating cash flow$15.7M+441%

CapEx$405.0K-37.9%

Free cash flow$15.3M+579%

Valuation

See full

Market cap$1.05B+80.1%

Enterprise value$1.32B+106%

P/S2.7×+1.2×

Profitability

See full

Operating margin7.9%-6.7pp

Net margin-2.1%—

FCF margin10.8%-14.1pp

Returns & leverage

See full

Return on equity-0.8%—

Debt / equity0.4×+0.3×

Current ratio3×+1.2×

Questions, answered.

What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.