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Side-by-side financial comparison of DHT Holdings, Inc. (DHT) and GENCO SHIPPING & TRADING LTD (GNK). Click either name above to swap in a different company.

GENCO SHIPPING & TRADING LTD is the larger business by last-quarter revenue ($109.9M vs $107.3M, roughly 1.0× DHT Holdings, Inc.). DHT Holdings, Inc. runs the higher net margin — 41.7% vs 14.0%, a 27.7% gap on every dollar of revenue. On growth, GENCO SHIPPING & TRADING LTD posted the faster year-over-year revenue change (10.8% vs -24.5%).

DHT Holdings, Inc. is an independent international crude oil tanker operator that owns and manages a fleet of very large crude carriers. It offers marine transportation services for crude oil across major global trade routes, serving clients including leading oil producers, refineries, and commodity trading enterprises worldwide.

Genco Shipping & Trading Ltd is a global dry bulk shipping enterprise that operates a diversified fleet of bulk carriers, transporting essential commodities including iron ore, coal, grain, and steel products across major international trade routes, serving industrial, manufacturing, and commodity trading clients worldwide.

DHT vs GNK — Head-to-Head

Bigger by revenue
GNK
GNK
1.0× larger
GNK
$109.9M
$107.3M
DHT
Growing faster (revenue YoY)
GNK
GNK
+35.3% gap
GNK
10.8%
-24.5%
DHT
Higher net margin
DHT
DHT
27.7% more per $
DHT
41.7%
14.0%
GNK

Income Statement — Q3 2025 vs Q4 2025

Metric
DHT
DHT
GNK
GNK
Revenue
$107.3M
$109.9M
Net Profit
$44.8M
$15.4M
Gross Margin
Operating Margin
44.2%
17.3%
Net Margin
41.7%
14.0%
Revenue YoY
-24.5%
10.8%
Net Profit YoY
27.3%
21.6%
EPS (diluted)
$0.28
$0.36

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DHT
DHT
GNK
GNK
Q4 25
$109.9M
Q3 25
$107.3M
$79.9M
Q2 25
$80.9M
Q1 25
$71.3M
Q4 24
$99.2M
Q3 24
$142.1M
$99.3M
Q2 24
$107.0M
Q1 24
$117.4M
Net Profit
DHT
DHT
GNK
GNK
Q4 25
$15.4M
Q3 25
$44.8M
$-1.1M
Q2 25
$-6.8M
Q1 25
$-11.9M
Q4 24
$12.7M
Q3 24
$35.2M
$21.5M
Q2 24
$23.5M
Q1 24
$18.8M
Operating Margin
DHT
DHT
GNK
GNK
Q4 25
17.3%
Q3 25
44.2%
3.1%
Q2 25
-5.3%
Q1 25
-13.7%
Q4 24
14.7%
Q3 24
29.7%
24.2%
Q2 24
24.6%
Q1 24
18.8%
Net Margin
DHT
DHT
GNK
GNK
Q4 25
14.0%
Q3 25
41.7%
-1.3%
Q2 25
-8.4%
Q1 25
-16.7%
Q4 24
12.8%
Q3 24
24.8%
21.6%
Q2 24
21.9%
Q1 24
16.0%
EPS (diluted)
DHT
DHT
GNK
GNK
Q4 25
$0.36
Q3 25
$0.28
$-0.02
Q2 25
$-0.16
Q1 25
$-0.28
Q4 24
$0.29
Q3 24
$0.22
$0.49
Q2 24
$0.54
Q1 24
$0.43

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DHT
DHT
GNK
GNK
Cash + ST InvestmentsLiquidity on hand
$81.3M
$55.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$896.5M
Total Assets
$1.4B
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DHT
DHT
GNK
GNK
Q4 25
$55.5M
Q3 25
$81.3M
$90.0M
Q2 25
$35.4M
Q1 25
$30.2M
Q4 24
$43.7M
Q3 24
$73.8M
$46.7M
Q2 24
$42.0M
Q1 24
$48.4M
Stockholders' Equity
DHT
DHT
GNK
GNK
Q4 25
$896.5M
Q3 25
$1.1B
$885.9M
Q2 25
$891.6M
Q1 25
$903.2M
Q4 24
$926.7M
Q3 24
$1.0B
$929.9M
Q2 24
$921.8M
Q1 24
$915.1M
Total Assets
DHT
DHT
GNK
GNK
Q4 25
$1.1B
Q3 25
$1.4B
$1.1B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.1B
Q3 24
$1.5B
$1.0B
Q2 24
$1.1B
Q1 24
$1.1B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DHT
DHT
GNK
GNK
Operating Cash FlowLast quarter
$60.9M
$15.9M
Free Cash FlowOCF − Capex
$15.6M
FCF MarginFCF / Revenue
14.2%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
1.36×
1.03×
TTM Free Cash FlowTrailing 4 quarters
$28.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHT
DHT
GNK
GNK
Q4 25
$15.9M
Q3 25
$60.9M
$7.7M
Q2 25
$5.4M
Q1 25
$2.9M
Q4 24
$30.0M
Q3 24
$80.1M
$35.6M
Q2 24
$29.0M
Q1 24
$32.3M
Free Cash Flow
DHT
DHT
GNK
GNK
Q4 25
$15.6M
Q3 25
$6.5M
Q2 25
$4.3M
Q1 25
$2.3M
Q4 24
$29.3M
Q3 24
$34.7M
Q2 24
$27.9M
Q1 24
$32.0M
FCF Margin
DHT
DHT
GNK
GNK
Q4 25
14.2%
Q3 25
8.2%
Q2 25
5.3%
Q1 25
3.2%
Q4 24
29.5%
Q3 24
34.9%
Q2 24
26.1%
Q1 24
27.3%
Capex Intensity
DHT
DHT
GNK
GNK
Q4 25
0.3%
Q3 25
1.5%
Q2 25
1.3%
Q1 25
0.9%
Q4 24
0.7%
Q3 24
0.9%
Q2 24
1.1%
Q1 24
0.2%
Cash Conversion
DHT
DHT
GNK
GNK
Q4 25
1.03×
Q3 25
1.36×
Q2 25
Q1 25
Q4 24
2.37×
Q3 24
2.28×
1.66×
Q2 24
1.24×
Q1 24
1.72×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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