
Genco Shipping & Trading Ltd
NYSE:GNK

Gross Margin
Genco Shipping & Trading Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | Company | Market Cap |
Gross Margin |
||
---|---|---|---|---|---|
US |
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Genco Shipping & Trading Ltd
NYSE:GNK
|
571.2m USD |
44%
|
|
CN |
![]() |
COSCO Shipping Holdings Co Ltd
SSE:601919
|
231.3B CNY |
26%
|
|
CH |
![]() |
Kuehne und Nagel International AG
SIX:KNIN
|
24.1B CHF |
35%
|
|
DK |
![]() |
AP Moeller - Maersk A/S
CSE:MAERSK B
|
190.5B DKK |
25%
|
|
DE |
![]() |
Hapag Lloyd AG
XETRA:HLAG
|
24.8B EUR |
33%
|
|
JP |
![]() |
Nippon Yusen KK
TSE:9101
|
2.2T JPY |
18%
|
|
TW |
![]() |
Evergreen Marine Corp Taiwan Ltd
TWSE:2603
|
476.3B TWD |
38%
|
|
JP |
![]() |
Mitsui O.S.K. Lines Ltd
TSE:9104
|
1.9T JPY |
17%
|
|
KR |
H
|
HMM Co Ltd
KRX:011200
|
17.3T KRW |
34%
|
|
HK |
![]() |
Orient Overseas (International) Ltd
HKEX:316
|
76.3B HKD |
26%
|
|
JP |
K
|
Kawasaki Kisen Kaisha Ltd
TSE:9107
|
1.3T JPY |
18%
|
Genco Shipping & Trading Ltd
Glance View
Genco Shipping & Trading Ltd. is an international ship owning company, which engages in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. The company is headquartered in New York City, New York and currently employs 990 full-time employees. The company went IPO on 2005-07-22. The firm transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes through the ownership and operation of drybulk carrier vessels. Its wholly owned modern and diverse fleet of dry cargo vessels consists of Capesize, Ultramax and Supramax vessels that provide a link in international trade. Its fleet consists of approximately 44 drybulk carriers, including 17 Capesize drybulk carriers, 15 Ultramax drybulk carriers, and 12 Supramax drybulk carriers with an aggregate carrying capacity of approximately 4,636,000 deadweight tons (dwt). The firm's vessels include Baltic Bear, Baltic Hornet, Baltic Lion, Baltic Wolf, Genco Aquitaine, Genco Augustus, Genco Bourgogne, Genco Liberty, Genco Picardy and Genco Vigilant.

See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Genco Shipping & Trading Ltd's most recent financial statements, the company has Gross Margin of 43.8%.