GNK (Genco Shipping & Trading) Tax Rate %: 0.00% (As of Jun. 2026)

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GNK Genco Shipping & Trading Ltd GNK
62 GF Score
Price $25.33
GF Value $19.68
Valuation Modestly Overvalued
! 12 Warning Signs
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What is Genco Shipping & Trading Tax Rate %?

Genco Shipping & Trading GNK +0.80% 62 Tax Rate % is 0.00% as of Jun. 2026. GuruFocus rates GNK with a GF Score™ of 62/100 and a GF Value™ of $19.68 (Modestly Overvalued). The stock has 12 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Genco Shipping & Trading's Tax Expense for the three months ended in Jun. 2026 was $0.0 Mil. Genco Shipping & Trading's Pre-Tax Income for the three months ended in Jun. 2026 was $16.7 Mil. Therefore, Genco Shipping & Trading's Tax Rate % for the quarter that ended in Jun. 2026 was 0.00%.

Genco Shipping & Trading Tax Rate % Related Terms

Genco Shipping & Trading Tax Rate % Historical Data

* Premium members only.

The historical data trend for Genco Shipping & Trading's Tax Rate % 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 Tax Rate % Chart

Genco Shipping & Trading Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Genco Shipping & Trading Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Tax Rate % 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 0.00 0.00 0.00 0.00 0.00
GNK
62GF Score
Genco Shipping & Trading Ltd GNK
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Genco Shipping & Trading Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Genco Shipping & Trading's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=0/-4.515
=0.00 %

Genco Shipping & Trading's Tax Rate % for the quarter that ended in Jun. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Jun. 2026 )/Pre-Tax Income (Q: Jun. 2026 )
=0/16.737
=0.00 %

* 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 Tax Rate % →
What does a Tax Rate % of 0.00% mean?
Genco Shipping & Trading (GNK) has a Tax Rate % of 0.00% as of Jun. 2026.
Is Genco Shipping & Trading's Tax Rate % too high?
Genco Shipping & Trading's current Tax Rate % is 0.00%. Overall, Genco Shipping & Trading has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Genco Shipping & Trading's Tax Rate % compare to CCEC and SB?
Genco Shipping & Trading's Tax Rate % of 0.00% 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 Tax Rate % for a Transportation company?
A good Tax Rate % depends on the Transportation industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Genco Shipping & Trading's current Tax Rate % is 0.00%. 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 Modestly Overvalued. The stock's GF Value™ is $19.68, compared to a current price of $25.33 — trading 28.7% above its estimated fair value. The current Tax Rate % is 0.00%. Genco Shipping & Trading's overall GF Score™ is 62/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Genco Shipping & Trading (GNK), the current Tax Rate % is 0.00% as of Jun. 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 $25.33 is trading 28.7% above its estimated GF Value™ of $19.68. GuruFocus considers Genco Shipping & Trading to be Modestly Overvalued.

Key valuation signals for GNK:

  • Tax Rate %: 0.00%
  • GF Value™: $19.68 vs. price of $25.33 (28.7% above fair value)
  • GF Score™: 62/100 with 12 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.
62GF Score

Get the complete analysis for GNK

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

$25.33
Price
$19.68
GF Value