Genco Shipping & Trading (GNK) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Genco Shipping & Trading Revenue Highlights

Latest Revenue (Y)

$383.82B

Latest Revenue (Q)

$99.33B

Main Segment (Y)

Voyage

Genco Shipping & Trading Revenue by Period

Genco Shipping & Trading Revenue by Year

Date	Revenue	Change
2023-12-31	$383.82B	71384.58%
2022-12-31	$536.93M	-1.86%
2021-12-31	$547.13M	53.88%
2020-12-31	$355.56M	-8.71%
2019-12-31	$389.50M	5.98%
2018-12-31	$367.52M	75.26%
2017-12-31	$209.70M	54.66%
2016-12-31	$135.59M	-11.93%
2015-12-31	$153.96M	-32.32%
2014-12-31	$227.46M	-
2013-12-31	$227.46M	0.45%
2012-12-31	$226.45M	-42.26%
2011-12-31	$392.21M	-12.59%
2010-12-31	$448.69M	18.22%
2009-12-31	$379.53M	-6.37%
2008-12-31	$405.37M	118.66%
2007-12-31	$185.39M	39.15%
2006-12-31	$133.23M	13.97%
2005-12-31	$116.91M	6095.34%
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

Date	Revenue	Change
2024-09-30	$99.33B	92692.89%
2024-06-30	$107.05M	-8.85%
2024-03-31	$117.44M	1.66%
2023-12-31	$115.52M	38.57%
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	$137.76M	1.13%
2022-03-31	$136.23M	-25.67%
2021-12-31	$183.28M	18.05%
2021-09-30	$155.25M	28.30%
2021-06-30	$121.01M	38.15%
2021-03-31	$87.59M	-8.28%
2020-12-31	$95.50M	9.11%
2020-09-30	$87.52M	17.95%
2020-06-30	$74.21M	-24.54%
2020-03-31	$98.34M	-9.54%
2019-12-31	$108.70M	4.75%
2019-09-30	$103.78M	24.21%
2019-06-30	$83.55M	-10.61%
2019-03-31	$93.46M	-16.69%
2018-12-31	$112.19M	21.59%
2018-09-30	$92.26M	7.09%
2018-06-30	$86.16M	12.01%
2018-03-31	$76.92M	2.67%
2017-12-31	$74.92M	46.44%
2017-09-30	$51.16M	12.76%
2017-06-30	$45.37M	18.62%
2017-03-31	$38.25M	-12.84%
2016-12-31	$43.88M	12.85%
2016-09-30	$38.89M	22.00%
2016-06-30	$31.87M	52.20%
2016-03-31	$20.94M	-40.09%
2015-12-31	$34.95M	-30.09%
2015-09-30	$49.99M	44.53%
2015-06-30	$34.59M	0.50%
2015-03-31	$34.42M	-38.21%
2014-12-31	$55.70M	24.62%
2014-09-30	$44.70M	-14.64%
2014-06-30	$52.36M	-18.17%
2014-03-31	$63.99M	-21.76%
2013-12-31	$81.78M	37.61%
2013-09-30	$59.43M	29.88%
2013-06-30	$45.76M	13.03%
2013-03-31	$40.49M	-17.79%
2012-12-31	$49.25M	-9.52%
2012-09-30	$54.43M	-13.51%
2012-06-30	$62.93M	5.16%
2012-03-31	$59.84M	-38.40%
2011-12-31	$97.14M	3.00%
2011-09-30	$94.31M	-5.05%
2011-06-30	$99.33M	-2.07%
2011-03-31	$101.43M	-22.37%
2010-12-31	$130.65M	10.70%
2010-09-30	$118.02M	12.04%
2010-06-30	$105.34M	11.25%
2010-03-31	$94.68M	-1.61%
2009-12-31	$96.23M	3.53%
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	$107.56M	2.85%
2008-06-30	$104.57M	14.08%
2008-03-31	$91.67M	39.55%
2007-12-31	$65.69M	-

Genco Shipping & Trading generated $99.33B in revenue during Q3 2024, up 92692.89% compared to the previous quarter, and up 109691.24% 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/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 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/Service	Sep 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19
Cargo and Freight	$99.33M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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

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

Genco Shipping & Trading Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
GNK	Genco Shipping & Trading	$383.82B	$99.33B
CMRE	Costamare	$1.51B	$475.43M
DAC	Danaos	$952.38M	$249.95M
SBLK	Star Bulk Carriers	$949.27M	$259.39M
GOGL	Golden Ocean Group	$885.77M	$246.74M
GSL	Global Ship Lease	$674.79M	$179.56M
ASC	Ardmore Shipping	$395.98M	$106.30M
DSX	Diana Shipping	$262.10M	$57.65M
OP	OceanPal	$18.96M	$5.69M

GNK Revenue FAQ

What is Genco Shipping & Trading’s yearly revenue?

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.

What is Genco Shipping & Trading’s quarterly revenue?

Genco Shipping & Trading's quarterly revenue for Q3 2024 was $99.33B, a 92692.89% increase from the previous quarter (Q2 2024), and a 119058.84% increase year-over-year (Q3 2023). The company'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). GNK'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).

What is Genco Shipping & Trading’s revenue growth rate?

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%.

What are Genco Shipping & Trading’s revenue streams?

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

What is Genco Shipping & Trading’s main source of revenue?

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.