Genco Gross Profit from 2010 to 2024

GNK Stock

USD 15.87 0.16 1.00%

Genco Shipping Gross Profit yearly trend continues to be quite stable with very little volatility. Gross Profit may rise above about 94 M this year. Gross Profit is the profit Genco Shipping Trading makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2005-03-31

Previous Quarter

30.2 M

Current Value

28.4 M

Quarterly Volatility

34.7 M

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Genco Shipping financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genco Shipping's main balance sheet or income statement drivers, such as Depreciation And Amortization of 83.1 M, Interest Expense of 8.3 M or Selling General Administrative of 28.1 M, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0734 or PTB Ratio of 1.06. Genco financial statements analysis is a perfect complement when working with Genco Shipping Valuation or Volatility modules.

Check out the analysis of Genco Shipping Correlation against competitors.

Latest Genco Shipping's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Genco Shipping Trading over the last few years. Gross profit is a required income statement account that reflects total revenue of Genco Shipping Trading minus its cost of goods sold. It is profit before Genco Shipping operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Genco Shipping's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Genco Shipping's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 256.45 M

10 Years Trend

Pretty Stable

Compare to Others All Fundamentals

Gross Profit

Timeline

Genco Gross Profit Regression Statistics

	Arithmetic Mean	70,123,088
	Geometric Mean	56,884,509
	Coefficient Of Variation	160.94
	Mean Deviation	90,961,439
	Median	35,680,000
	Standard Deviation	112,853,882
	Sample Variance	12736T
	Range	350.1M
	R-Value	0.19
	Mean Square Error	13215.6T
	R-Squared	0.04
	Significance	0.50
	Slope	4,818,633
	Total Sum of Squares	178304T

Genco Gross Profit History

	2024	94 M
	2023	68.2 M
	2022	196.3 M
	2021	226.3 M
	2020	35.7 M
	2019	31.2 M
	2018	84.7 M

Other Fundumenentals of Genco Shipping Trading

Gross Profit Margin

Genco Shipping Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Current Deferred Revenue	Short Term Investments	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.67	0.93	0.62	-0.13	0.68	0.18	0.83	0.34	0.5	0.28	0.61	-0.49	-0.53	0.0	-0.57	-0.5	-0.8	0.65	-0.05	0.21	0.4	0.37	-0.19
Total Stockholder Equity	0.67		0.37	-0.02	0.24	0.37	0.62	0.42	0.61	0.14	0.48	0.45	-0.22	-0.91	-0.17	-0.87	0.23	-0.54	-0.09	0.19	0.04	0.08	0.0	0.01
Net Debt	0.93	0.37		0.78	-0.29	0.7	-0.07	0.88	0.1	0.55	0.11	0.61	-0.52	-0.23	0.1	-0.3	-0.73	-0.73	0.86	-0.11	0.24	0.46	0.47	-0.29
Retained Earnings	0.62	-0.02	0.78		-0.53	0.56	-0.33	0.69	-0.38	0.36	0.0	0.47	-0.64	0.27	0.45	0.11	-0.95	-0.45	0.95	-0.08	0.07	0.5	0.53	-0.22
Accounts Payable	-0.13	0.24	-0.29	-0.53		-0.11	0.28	-0.28	0.5	-0.19	0.11	0.07	0.33	-0.29	0.0	-0.09	0.57	-0.02	-0.5	-0.05	0.32	0.09	-0.45	-0.01
Long Term Debt	0.68	0.37	0.7	0.56	-0.11		-0.03	0.66	0.19	-0.2	-0.12	0.82	-0.24	-0.27	-0.03	-0.18	-0.47	-0.63	0.57	-0.34	0.26	0.35	0.32	-0.23
Net Receivables	0.18	0.62	-0.07	-0.33	0.28	-0.03		-0.08	0.39	-0.02	0.42	-0.12	0.27	-0.69	-0.17	-0.66	0.47	-0.06	-0.34	0.0	-0.22	-0.32	-0.37	0.02
Total Liab	0.83	0.42	0.88	0.69	-0.28	0.66	-0.08		0.02	0.43	0.31	0.72	-0.59	-0.23	0.2	-0.38	-0.61	-0.66	0.72	0.24	0.25	0.47	0.47	-0.3
Total Current Assets	0.34	0.61	0.1	-0.38	0.5	0.19	0.39	0.02		0.04	0.19	0.28	0.31	-0.68	-0.4	-0.52	0.47	-0.35	-0.32	0.04	0.34	0.01	-0.07	0.04
Short Term Debt	0.5	0.14	0.55	0.36	-0.19	-0.2	-0.02	0.43	0.04		0.29	-0.09	-0.41	-0.05	0.17	-0.24	-0.39	-0.32	0.46	0.26	0.12	0.27	0.28	-0.17
Common Stock	0.28	0.48	0.11	0.0	0.11	-0.12	0.42	0.31	0.19	0.29		-0.03	-0.12	-0.43	0.13	-0.62	0.14	-0.21	-0.04	0.63	-0.05	-0.06	-0.07	0.02
Property Plant Equipment	0.61	0.45	0.61	0.47	0.07	0.82	-0.12	0.72	0.28	-0.09	-0.03		-0.4	-0.2	0.27	-0.17	-0.33	-0.58	0.4	0.1	0.45	0.59	0.42	-0.33
Current Deferred Revenue	-0.49	-0.22	-0.52	-0.64	0.33	-0.24	0.27	-0.59	0.31	-0.41	-0.12	-0.4		-0.07	-0.5	0.02	0.62	0.57	-0.52	-0.2	-0.21	-0.65	-0.56	0.26
Short Term Investments	-0.53	-0.91	-0.23	0.27	-0.29	-0.27	-0.69	-0.23	-0.68	-0.05	-0.43	-0.2	-0.07		0.51	0.91	-0.42	0.39	0.25	-0.03	0.09	0.22	0.23	-0.15
Net Tangible Assets	0.0	-0.17	0.1	0.45	0.0	-0.03	-0.17	0.2	-0.4	0.17	0.13	0.27	-0.5	0.51		0.41	-0.41	-0.17	0.32	0.29	0.43	0.71	0.48	-0.53
Long Term Debt Total	-0.57	-0.87	-0.3	0.11	-0.09	-0.18	-0.66	-0.38	-0.52	-0.24	-0.62	-0.17	0.02	0.91	0.41		-0.29	0.27	0.12	-0.31	0.29	0.3	0.25	-0.22
Capital Surpluse	-0.5	0.23	-0.73	-0.95	0.57	-0.47	0.47	-0.61	0.47	-0.39	0.14	-0.33	0.62	-0.42	-0.41	-0.29		0.4	-0.96	0.17	-0.13	-0.49	-0.54	0.25
Deferred Long Term Liab	-0.8	-0.54	-0.73	-0.45	-0.02	-0.63	-0.06	-0.66	-0.35	-0.32	-0.21	-0.58	0.57	0.39	-0.17	0.27	0.4		-0.49	0.14	-0.62	-0.69	-0.59	0.52
Long Term Investments	0.65	-0.09	0.86	0.95	-0.5	0.57	-0.34	0.72	-0.32	0.46	-0.04	0.4	-0.52	0.25	0.32	0.12	-0.96	-0.49		-0.18	0.14	0.46	0.51	-0.28
Short Long Term Debt	-0.05	0.19	-0.11	-0.08	-0.05	-0.34	0.0	0.24	0.04	0.26	0.63	0.1	-0.2	-0.03	0.29	-0.31	0.17	0.14	-0.18		-0.04	0.02	0.04	0.01
Cash And Equivalents	0.21	0.04	0.24	0.07	0.32	0.26	-0.22	0.25	0.34	0.12	-0.05	0.45	-0.21	0.09	0.43	0.29	-0.13	-0.62	0.14	-0.04		0.82	0.63	-0.66
Net Invested Capital	0.4	0.08	0.46	0.5	0.09	0.35	-0.32	0.47	0.01	0.27	-0.06	0.59	-0.65	0.22	0.71	0.3	-0.49	-0.69	0.46	0.02	0.82		0.76	-0.66
Net Working Capital	0.37	0.0	0.47	0.53	-0.45	0.32	-0.37	0.47	-0.07	0.28	-0.07	0.42	-0.56	0.23	0.48	0.25	-0.54	-0.59	0.51	0.04	0.63	0.76		-0.53
Capital Stock	-0.19	0.01	-0.29	-0.22	-0.01	-0.23	0.02	-0.3	0.04	-0.17	0.02	-0.33	0.26	-0.15	-0.53	-0.22	0.25	0.52	-0.28	0.01	-0.66	-0.66	-0.53

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About Genco Shipping Financial Statements

Genco Shipping investors utilize fundamental indicators, such as Gross Profit, to predict how Genco Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.

	Last Reported	Projected for Next Year
Gross Profit	68.2 M	94 M
Gross Profit Margin	0.18	0.17

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When determining whether Genco Shipping Trading is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Genco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Genco Shipping Trading Stock. Highlighted below are key reports to facilitate an investment decision about Genco Shipping Trading Stock:

How To Invest In Genco

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Is Genco Stock a good investment?

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What is Genco Shipping's Net Worth?

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Largest Marine Transportation Companies

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Check out the analysis of Genco Shipping Correlation against competitors.

You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genco Shipping. If investors know Genco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genco Shipping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

Dividend Share

1.57

Earnings Share

1.58

Revenue Per Share

10.221

Quarterly Revenue Growth

0.192

The market value of Genco Shipping Trading is measured differently than its book value, which is the value of Genco that is recorded on the company's balance sheet. Investors also form their own opinion of Genco Shipping's value that differs from its market value or its book value, called intrinsic value, which is Genco Shipping's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genco Shipping's market value can be influenced by many factors that don't directly affect Genco Shipping's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Genco Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genco Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genco Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Genco Gross Profit from 2010 to 2024

Latest Genco Shipping's Gross Profit Growth Pattern

Genco Gross Profit Regression Statistics

Genco Gross Profit History

Other Fundumenentals of Genco Shipping Trading

Genco Shipping Gross Profit component correlations

About Genco Shipping Financial Statements

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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