GNK (Genco Shipping & Trading) EBIT: $31.2 Mil (TTM As of Mar. 2026)


GNK Genco Shipping & Trading Ltd GNK
57 GF Score
Price $23.39
GF Value $16.82
Valuation Significantly Overvalued
! 13 Warning Signs
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What is Genco Shipping & Trading EBIT?

Genco Shipping & Trading GNK -3.21% 57 EBIT is $31.2 Mil as of Mar. 2026. GuruFocus rates GNK with a GF Score™ of 57/100 and a GF Value™ of $16.82 (Significantly Overvalued). The stock has 13 warning signs investors should review.

Genco Shipping & Trading's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $14.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $31.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Genco Shipping & Trading's annualized ROC % for the quarter that ended in Mar. 2026 was 4.26%. Genco Shipping & Trading's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.43%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Genco Shipping & Trading's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.42%.

Genco Shipping & Trading  (NYSE:GNK) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Genco Shipping & Trading's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=47.056 * ( 1 - 0% )/( (1045.725 + 1162.682)/ 2 )
=47.056/1104.2035
=4.26 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1138.108 - 36.843 - ( 55.54 - max(0, 45.669 - 109.064+55.54))
=1045.725

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1251.988 - 34.536 - ( 54.77 - max(0, 40.515 - 120.691+54.77))
=1162.682

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Genco Shipping & Trading's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=56.292/( ( (966.655 + max(6.912, 0)) + (1074.604 + max(25.406, 0)) )/ 2 )
=56.292/( ( 973.567 + 1100.01 )/ 2 )
=56.292/1036.7885
=5.43 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.284 + 25.187 + 13.11) - (36.843 + 8.826 + -7.105427357601E-15)
=6.912

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.273 + 22.859 + 22.789) - (34.536 + 5.979 + 0)
=25.406

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Genco Shipping & Trading's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=31.231/1290.380
=2.42 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Genco Shipping & Trading EBIT Related Terms

Genco Shipping & Trading EBIT Historical Data

* Premium members only.

The historical data trend for Genco Shipping & Trading's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Genco Shipping & Trading EBIT Chart

Genco Shipping & Trading Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 197.40 168.46 -3.58 89.79 7.75

Genco Shipping & Trading Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.41 -4.25 2.07 19.34 14.07

GNK vs GSL, CCEC, ASC: EBIT Comparison

For the Marine Shipping subindustry, Genco Shipping & Trading's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Genco Shipping & Trading EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Genco Shipping & Trading's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Genco Shipping & Trading's EV-to-EBIT falls into.


GNK
57GF Score
Genco Shipping & Trading Ltd GNK
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Genco Shipping & Trading EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $31.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $31.2 Mil mean?
Genco Shipping & Trading (GNK) has a EBIT of $31.2 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Genco Shipping & Trading.
Is Genco Shipping & Trading's EBIT too high?
Genco Shipping & Trading's current EBIT is $31.2 Mil. Overall, Genco Shipping & Trading has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Genco Shipping & Trading's EBIT compare to GSL and CCEC?
Genco Shipping & Trading's EBIT of $31.2 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Transportation company?
A good EBIT depends on the Transportation industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Genco Shipping & Trading. Genco Shipping & Trading's current EBIT is $31.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genco Shipping & Trading stock overvalued right now?
Based on GuruFocus' analysis, Genco Shipping & Trading (GNK) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.82, compared to a current price of $23.39 — trading 39% above its estimated fair value. The current EBIT is $31.2 Mil. Genco Shipping & Trading's overall GF Score™ is 57/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Genco Shipping & Trading (GNK), the current EBIT is $31.2 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Genco Shipping & Trading (GNK) Overvalued in 2026?

Based on GuruFocus' analysis, Genco Shipping & Trading stock appears to be overvalued. The current stock price of $23.39 is trading 39% above its estimated GF Value™ of $16.82. GuruFocus considers Genco Shipping & Trading to be Significantly Overvalued.

Key valuation signals for GNK:

  • EBIT: $31.2 Mil
  • GF Value™: $16.82 vs. price of $23.39 (39% above fair value)
  • GF Score™: 57/100 with 13 warning signs

No single metric tells the full story. See the GNK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Genco Shipping & Trading Business Description

Other Exchanges GNU1:Germany
Address 299 Park Avenue, 12th Floor, New York, NY, USA, 10171
Genco Shipping & Trading Ltd is an international shipping company specializing in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. It is involved in the ocean transportation of drybulk cargoes. The company operates in one segment, with two reportable segment: Major and Minor bulk fleet. It generates revenue through time charter agreements, spot market voyage charters, pool agreements and spot market-related time charters. oyage revenues also include the sale of bunkers consumed during short-term time charters pursuant to the terms of the time charter agreement.
57GF Score

Get the complete analysis for GNK

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.39
Price
$16.82
GF Value