Latest Ratios: P/E Ratio -245.0x · EV/EBITDA 14.0x · ROE -0.5%. (2004–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.1B | $799M | $608M | $709M | $659M | $681M | $308M | $444M | $303M | $456M | $54M |
| Enterprise Value | $1.2B | $944M | $654M | $857M | $772M | $813M | $614M | $782M | $644M | $800M | $435M |
| P/E Ratio → | -245.00 | — | 7.97 | — | 4.15 | 3.75 | — | — | — | — | — |
| P/S Ratio | 3.12 | 2.34 | 1.44 | 1.85 | 1.23 | 1.25 | 0.87 | 1.14 | 0.82 | 2.18 | 0.39 |
| P/B Ratio | 1.18 | 0.89 | 0.66 | 0.78 | 0.68 | 0.74 | 0.41 | 0.45 | 0.29 | 0.47 | 0.05 |
| P/FCF | — | — | 8.67 | — | 4.95 | 6.00 | 18.30 | 48.73 | — | 17.57 | — |
| P/OCF | 33.48 | 25.07 | 4.80 | 7.73 | 3.48 | 2.95 | 8.36 | 7.45 | 4.59 | 17.20 | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.76 | 1.55 | 2.23 | 1.44 | 1.49 | 1.73 | 2.01 | 1.75 | 3.81 | 3.21 |
| EV / EBITDA | 14.02 | 10.92 | 4.16 | 13.81 | 3.37 | 3.14 | — | 17.12 | 9.27 | 18.97 | — |
| EV / EBIT | 132.73 | 103.36 | 7.28 | — | 4.58 | 4.12 | — | — | 4264.61 | — | — |
| EV / FCF | — | — | 9.32 | — | 5.79 | 7.15 | 36.42 | 85.90 | — | 30.80 | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 13.4% | 13.4% | 27.6% | 17.8% | 36.6% | 41.4% | 10.0% | 8.0% | 23.1% | 6.9% | -49.9% |
| Operating Margin | 2.7% | 2.7% | 20.6% | -1.5% | 31.1% | 36.8% | -57.2% | -7.3% | 0.1% | -14.1% | -137.1% |
| Net Profit Margin | -1.3% | -1.3% | 18.1% | -3.4% | 29.5% | 33.3% | -63.4% | -14.4% | -9.0% | -28.0% | -160.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -0.5% | -0.5% | 8.3% | -1.4% | 16.8% | 21.9% | -26.2% | -5.5% | -3.2% | -5.9% | -20.3% |
| ROA | -0.4% | -0.4% | 7.0% | -1.1% | 13.3% | 14.9% | -16.3% | -3.5% | -2.1% | -3.8% | -13.2% |
| ROIC | 0.7% | 0.7% | 6.4% | -0.4% | 11.8% | 14.4% | -12.9% | -1.6% | 0.0% | -1.6% | -9.3% |
| ROCE | 0.9% | 0.9% | 8.2% | -0.5% | 14.6% | 17.6% | -16.1% | -1.9% | 0.0% | -2.0% | -14.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.22 | 0.22 | 0.10 | 0.21 | 0.18 | 0.27 | 0.60 | 0.51 | 0.51 | 0.53 | 0.50 |
| Debt / EBITDA | 2.31 | 2.31 | 0.57 | 3.13 | 0.75 | 0.95 | — | 10.82 | 7.75 | 12.29 | — |
| Net Debt / Equity | — | 0.16 | 0.05 | 0.16 | 0.12 | 0.14 | 0.41 | 0.35 | 0.32 | 0.35 | 0.37 |
| Net Debt / EBITDA | 1.67 | 1.67 | 0.29 | 2.38 | 0.49 | 0.51 | — | 7.41 | 4.91 | 8.15 | — |
| Debt / FCF | — | — | 0.65 | — | 0.85 | 1.16 | 18.12 | 37.17 | — | 13.23 | — |
| Interest Coverage | 0.74 | 0.74 | 6.75 | -0.41 | 18.52 | 12.85 | -9.06 | -0.75 | 0.00 | -0.93 | -6.63 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.34 | 2.34 | 2.41 | 4.46 | 3.43 | 4.17 | 2.18 | 1.75 | 2.65 | 4.14 | 5.96 |
| Quick Ratio | 1.79 | 1.79 | 1.86 | 3.70 | 2.84 | 3.59 | 1.99 | 1.54 | 2.36 | 3.84 | 5.63 |
| Cash Ratio | 1.22 | 1.22 | 1.07 | 1.32 | 1.59 | 2.73 | 1.27 | 1.22 | 1.94 | 3.33 | 4.61 |
| Asset Turnover | — | 0.30 | 0.40 | 0.34 | 0.46 | 0.45 | 0.29 | 0.25 | 0.23 | 0.14 | 0.09 |
| Inventory Turnover | 11.70 | 11.70 | 13.78 | 11.80 | 15.77 | 13.06 | 14.82 | 13.17 | 9.57 | 12.22 | 21.09 |
| Days Sales Outstanding | — | 16.25 | 19.05 | 18.27 | 18.02 | 14.99 | 15.30 | 14.75 | 22.15 | 22.38 | 30.70 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.1% | 4.1% | 11.1% | 5.8% | 17.6% | 2.0% | 3.2% | 4.7% | — | — | — |
| Payout Ratio | — | — | 88.4% | — | 73.0% | 7.4% | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 12.6% | — | 24.1% | 26.7% | — | — | — | — | — |
| FCF Yield | — | — | 11.5% | — | 20.2% | 16.7% | 5.5% | 2.1% | — | 5.7% | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 3.1% | 4.1% | 11.1% | 5.8% | 17.6% | 2.0% | 3.2% | 4.7% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $43M | $44M | $43M | $43M | $43M | $42M | $42M | $38M | $34M | $7M |
Spot rate volatility exposure
According to current market data, Genco trades at a forward P/E of 10.65, which suggests that investors are pricing in a recovery from the recent negative TTM earnings, though the 3.00 P/S ratio appears elevated relative to the company's current inability to generate consistent positive net margins.
The disconnect between the negative TTM P/E and the forward multiple implies that the market is looking past current operational losses toward a potential normalization of dry bulk rates. However, given the cyclical nature of the industry, this valuation may be overly optimistic if the current revenue contraction persists longer than anticipated.
Based on reported financial figures, Genco's ROIC has struggled to maintain positive territory, recently dipping to 0.0% in 2026Q1, which indicates that the company is currently failing to generate returns that exceed its cost of capital during this period of depressed spot-market rates.
The decay in ROIC reflects the high fixed-cost burden inherent in vessel ownership, which becomes a significant drag on returns when charter rates are low. Investors should monitor whether management's fleet renewal strategy can improve asset utilization enough to drive ROIC back toward historical peaks.
As reported in recent financial statements, Genco's asset turnover ratio has remained stagnant at approximately 0.10, highlighting the capital-intensive nature of the business and the difficulty of improving operational efficiency when the fleet is underutilized due to weak global demand for bulk commodities.
The low asset turnover suggests that the company's revenue generation is almost entirely dependent on external market conditions rather than internal operational improvements. The lack of significant movement in the cash conversion cycle further indicates that Genco has limited leverage to optimize its working capital in the current environment.
According to recent SEC filings, Genco maintains a debt-to-equity ratio of 0.22, a figure that stands out as exceptionally conservative compared to the broader shipping industry and provides a critical buffer against the volatility of the current spot-rate environment.
This low leverage profile suggests that Genco is better positioned than its peers to weather prolonged downturns without facing immediate refinancing risks or covenant breaches. While this provides a defensive advantage, it may also limit the company's ability to amplify returns during a cyclical upswing compared to more highly levered competitors.
As noted in industry research, the Price-to-Earnings ratio is frequently misapplied to Genco, as it fails to account for the massive non-cash depreciation charges and extreme cyclicality that render trailing earnings a poor proxy for the company's true underlying cash-generating capacity.
Investors should instead focus on Price-to-Net Asset Value (P/NAV) to better understand the company's valuation relative to its physical fleet assets. Relying on P/E in a sector where earnings can swing from deep losses to significant profits in a single quarter often leads to misleading conclusions about the company's fundamental value.
Includes 30+ ratios · 22 years · Updated daily
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Quick answers to the most common questions about buying GNK stock.
Genco Shipping & Trading Limited's current P/E ratio is -245.0x. The historical average is 5.3x.
Genco Shipping & Trading Limited's current EV/EBITDA is 14.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.2x.
Genco Shipping & Trading Limited's return on equity (ROE) is -0.5%. The historical average is 2.1%.
Based on historical data, Genco Shipping & Trading Limited is trading at a P/E of -245.0x. Compare with industry peers and growth rates for a complete picture.
Genco Shipping & Trading Limited's current dividend yield is 3.09%.
Genco Shipping & Trading Limited has 13.4% gross margin and 2.7% operating margin.
Genco Shipping & Trading Limited's Debt/EBITDA ratio is 2.3x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.