Skip to content
OpenCapital
Get started

Genco Shipping & Trading GNK Charter Hire Expense

Charter Hire Expense at other companies

Dorian LPG logo
Dorian LPGLPG
$18.4M+78.5%
Dorian LPG logo
Dorian LPGLPG
$1.36M-22.1%
International Seaways, Inc. logo
International Seaways, Inc.INSW
$61.04M-8.9%
Herc Holdings logo
Herc HoldingsHRI
$242M+40.7%
International Seaways, Inc. logo
International Seaways, Inc.INSW
$8.23M+62.9%
Surgery Partners, Inc. logo
Surgery Partners, Inc.SGRY
$23M+10.6%

Segments

By segment

See full
Minor Bulk$6.1M+167%

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+71.0%
Enterprise value$1.32B+97.8%
P/S2.7×+1.1×

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×

Where this comes from

Reported directly by Genco Shipping & Trading in its filing.

Tagged under the XBRL concept gnk:CharterHireExpense.

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

Ask your AI about Genco Shipping & Trading's charter hire expense.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Genco Shipping & Trading's charter hire expense?
Genco Shipping & Trading (GNK) reported charter hire expense of $6.1M in Q1 2026.
How has Genco Shipping & Trading's charter hire expense changed year-over-year?
Genco Shipping & Trading's charter hire expense increased by 166.8% year-over-year, from $2.29M to $6.1M.
What is the long-term trend for Genco Shipping & Trading's charter hire expense?
Over 4 years (2021 to 2025), Genco Shipping & Trading's charter hire expense has grown at a -36.4% compound annual growth rate (CAGR), from $36.37M to $5.96M.
What does charter hire expense mean?
Reflects the costs incurred when the company charters in third-party vessels to supplement its own fleet capacity. Monitoring this expense helps evaluate the company's reliance on external tonnage versus owned assets to meet contractual shipping obligations.