Genco Shipping & Trading (GNK) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Genco Shipping & Trading Revenue Highlights


Latest Revenue (Y)

$383.82B

Latest Revenue (Q)

$107.05M

Main Segment (Y)

Voyage

Genco Shipping & Trading Revenue by Period


Genco Shipping & Trading Revenue by Year

DateRevenueChange
2023-12-31$383.82B71384.58%
2022-12-31$536.93M-1.86%
2021-12-31$547.13M53.88%
2020-12-31$355.56M-8.71%
2019-12-31$389.50M5.98%
2018-12-31$367.52M75.26%
2017-12-31$209.70M54.66%
2016-12-31$135.59M-11.93%
2015-12-31$153.96M-32.32%
2014-12-31$227.46M-
2013-12-31$227.46M0.45%
2012-12-31$226.45M-42.26%
2011-12-31$392.21M-12.59%
2010-12-31$448.69M18.22%
2009-12-31$379.53M-6.37%
2008-12-31$405.37M118.66%
2007-12-31$185.39M39.15%
2006-12-31$133.23M13.97%
2005-12-31$116.91M6095.34%
2004-12-31$1.89M-

Genco Shipping & Trading generated $383.82B in revenue during NA 2023, up 71384.58% compared to the previous quarter, and up 104435.92% compared to the same period a year ago.

Genco Shipping & Trading Revenue by Quarter

DateRevenueChange
2024-06-30$107.05M-8.85%
2024-03-31$117.44M1.66%
2023-12-31$115.52M38.57%
2023-09-30$83.36M-7.95%
2023-06-30$90.56M-4.06%
2023-03-31$94.39M-25.66%
2022-12-31$126.97M-6.62%
2022-09-30$135.97M-1.30%
2022-06-30$137.76M1.13%
2022-03-31$136.23M-25.67%
2021-12-31$183.28M18.05%
2021-09-30$155.25M28.30%
2021-06-30$121.01M38.15%
2021-03-31$87.59M-8.28%
2020-12-31$95.50M9.11%
2020-09-30$87.52M17.95%
2020-06-30$74.21M-24.54%
2020-03-31$98.34M-9.54%
2019-12-31$108.70M4.75%
2019-09-30$103.78M24.21%
2019-06-30$83.55M-10.61%
2019-03-31$93.46M-16.69%
2018-12-31$112.19M21.59%
2018-09-30$92.26M7.09%
2018-06-30$86.16M12.01%
2018-03-31$76.92M2.67%
2017-12-31$74.92M46.44%
2017-09-30$51.16M12.76%
2017-06-30$45.37M18.62%
2017-03-31$38.25M-12.84%
2016-12-31$43.88M12.85%
2016-09-30$38.89M22.00%
2016-06-30$31.87M52.20%
2016-03-31$20.94M-40.09%
2015-12-31$34.95M-30.09%
2015-09-30$49.99M44.53%
2015-06-30$34.59M0.50%
2015-03-31$34.42M-38.21%
2014-12-31$55.70M24.62%
2014-09-30$44.70M-14.64%
2014-06-30$52.36M-18.17%
2014-03-31$63.99M-21.76%
2013-12-31$81.78M37.61%
2013-09-30$59.43M29.88%
2013-06-30$45.76M13.03%
2013-03-31$40.49M-17.79%
2012-12-31$49.25M-9.52%
2012-09-30$54.43M-13.51%
2012-06-30$62.93M5.16%
2012-03-31$59.84M-38.40%
2011-12-31$97.14M3.00%
2011-09-30$94.31M-5.05%
2011-06-30$99.33M-2.07%
2011-03-31$101.43M-22.37%
2010-12-31$130.65M10.70%
2010-09-30$118.02M12.04%
2010-06-30$105.34M11.25%
2010-03-31$94.68M-1.61%
2009-12-31$96.23M3.53%
2009-09-30$92.95M-0.80%
2009-06-30$93.70M-3.05%
2009-03-31$96.65M-4.85%
2008-12-31$101.57M-5.56%
2008-09-30$107.56M2.85%
2008-06-30$104.57M14.08%
2008-03-31$91.67M39.55%
2007-12-31$65.69M-

Genco Shipping & Trading generated $107.05M in revenue during Q2 2024, up -8.85% compared to the previous quarter, and up 113.41% compared to the same period a year ago.

Genco Shipping & Trading Revenue Breakdown


Genco Shipping & Trading Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Voyage$383.82M$536.93M$547.13M--
Cargo And Freight---$355.56M$389.50M
Profit Sharing-----

Genco Shipping & Trading's latest annual revenue breakdown by segment (product or service), as of Dec 23: Voyage (100.00%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
Voyage$117.44M$198.88M$90.56M$94.39M$126.97M$135.97M$137.76M$136.23M$183.28M-----------
Cargo And Freight---------$155.25M$121.01M$87.59M$95.50M$87.52M$74.21M$98.34M$108.70M$103.78M$83.55M$93.46M

Genco Shipping & Trading's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Voyage (100.00%).

Genco Shipping & Trading Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
GNKGenco Shipping & Trading$383.82B$107.05M
CMRECostamare$1.51B$475.43M
DACDanaos$952.38M$249.95M
SBLKStar Bulk Carriers$949.27M$259.39M
GOGLGolden Ocean Group$885.77M$246.74M
GSLGlobal Ship Lease$674.79M$179.56M
ASCArdmore Shipping$395.98M$106.30M
DSXDiana Shipping$262.10M$57.65M
OPOceanPal$18.96M$5.69M

GNK Revenue FAQ


Genco Shipping & Trading's yearly revenue for 2023 was $383.82B, representing an increase of 71384.58% compared to 2022. The company's yearly revenue for 2022 was $536.93M, representing a decrease of -1.86% compared to 2021. GNK's yearly revenue for 2021 was $547.13M, representing an increase of 53.88% compared to 2020.

Genco Shipping & Trading's quarterly revenue for Q2 2024 was $107.05M, a -8.85% decrease from the previous quarter (Q1 2024), and a 18.21% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $117.44M, a 1.66% increase from the previous quarter (Q4 2023), and a 24.41% increase year-over-year (Q1 2023). GNK's quarterly revenue for Q4 2023 was $115.52M, a 38.57% increase from the previous quarter (Q3 2023), and a -9.02% decrease year-over-year (Q4 2022).

Genco Shipping & Trading's revenue growth rate for the last 3 years (2021-2023) was 70052.56%, and for the last 5 years (2019-2023) was 98444.02%.

Genco Shipping & Trading's revenue streams in c 23 are Voyage

For the fiscal year ending Dec 23, the largest source of revenue of Genco Shipping & Trading was Voyage. This segment made a revenue of $383.82M, representing 100.00% of the company's total revenue.