vs

Side-by-side financial comparison of GLOBUS MARITIME LTD (GLBS) 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 $9.5M, roughly 11.5× GLOBUS MARITIME LTD). GENCO SHIPPING & TRADING LTD runs the higher net margin — 14.0% vs -19.6%, a 33.6% gap on every dollar of revenue. On growth, GENCO SHIPPING & TRADING LTD posted the faster year-over-year revenue change (10.8% vs 0.2%).

Globus Maritime Ltd is a global shipping enterprise specializing in ownership, operation and chartering of dry bulk cargo vessels. It transports iron ore, coal, grain and other industrial raw materials across major global trade routes, serving clients in logistics, commodities trading and manufacturing sectors 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.

GLBS vs GNK — Head-to-Head

Bigger by revenue
GNK
GNK
11.5× larger
GNK
$109.9M
$9.5M
GLBS
Growing faster (revenue YoY)
GNK
GNK
+10.6% gap
GNK
10.8%
0.2%
GLBS
Higher net margin
GNK
GNK
33.6% more per $
GNK
14.0%
-19.6%
GLBS

Income Statement — Q2 2025 vs Q4 2025

Metric
GLBS
GLBS
GNK
GNK
Revenue
$9.5M
$109.9M
Net Profit
$-1.9M
$15.4M
Gross Margin
Operating Margin
-4.3%
17.3%
Net Margin
-19.6%
14.0%
Revenue YoY
0.2%
10.8%
Net Profit YoY
-157.0%
21.6%
EPS (diluted)
$-0.09
$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
GLBS
GLBS
GNK
GNK
Q4 25
$109.9M
Q3 25
$79.9M
Q2 25
$9.5M
$80.9M
Q1 25
$71.3M
Q4 24
$99.2M
Q3 24
$99.3M
Q2 24
$9.5M
$107.0M
Q1 24
$117.4M
Net Profit
GLBS
GLBS
GNK
GNK
Q4 25
$15.4M
Q3 25
$-1.1M
Q2 25
$-1.9M
$-6.8M
Q1 25
$-11.9M
Q4 24
$12.7M
Q3 24
$21.5M
Q2 24
$3.3M
$23.5M
Q1 24
$18.8M
Operating Margin
GLBS
GLBS
GNK
GNK
Q4 25
17.3%
Q3 25
3.1%
Q2 25
-4.3%
-5.3%
Q1 25
-13.7%
Q4 24
14.7%
Q3 24
24.2%
Q2 24
39.2%
24.6%
Q1 24
18.8%
Net Margin
GLBS
GLBS
GNK
GNK
Q4 25
14.0%
Q3 25
-1.3%
Q2 25
-19.6%
-8.4%
Q1 25
-16.7%
Q4 24
12.8%
Q3 24
21.6%
Q2 24
34.5%
21.9%
Q1 24
16.0%
EPS (diluted)
GLBS
GLBS
GNK
GNK
Q4 25
$0.36
Q3 25
$-0.02
Q2 25
$-0.09
$-0.16
Q1 25
$-0.28
Q4 24
$0.29
Q3 24
$0.49
Q2 24
$0.16
$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
GLBS
GLBS
GNK
GNK
Cash + ST InvestmentsLiquidity on hand
$48.3M
$55.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$173.1M
$896.5M
Total Assets
$309.4M
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLBS
GLBS
GNK
GNK
Q4 25
$55.5M
Q3 25
$90.0M
Q2 25
$48.3M
$35.4M
Q1 25
$30.2M
Q4 24
$43.7M
Q3 24
$46.7M
Q2 24
$70.8M
$42.0M
Q1 24
$48.4M
Stockholders' Equity
GLBS
GLBS
GNK
GNK
Q4 25
$896.5M
Q3 25
$885.9M
Q2 25
$173.1M
$891.6M
Q1 25
$903.2M
Q4 24
$926.7M
Q3 24
$929.9M
Q2 24
$178.9M
$921.8M
Q1 24
$915.1M
Total Assets
GLBS
GLBS
GNK
GNK
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$309.4M
$1.0B
Q1 25
$1.0B
Q4 24
$1.1B
Q3 24
$1.0B
Q2 24
$256.3M
$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
GLBS
GLBS
GNK
GNK
Operating Cash FlowLast quarter
$15.9M
Free Cash FlowOCF − Capex
$15.6M
FCF MarginFCF / Revenue
14.2%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
1.03×
TTM Free Cash FlowTrailing 4 quarters
$28.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLBS
GLBS
GNK
GNK
Q4 25
$15.9M
Q3 25
$7.7M
Q2 25
$5.4M
Q1 25
$2.9M
Q4 24
$30.0M
Q3 24
$35.6M
Q2 24
$29.0M
Q1 24
$32.3M
Free Cash Flow
GLBS
GLBS
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
GLBS
GLBS
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
GLBS
GLBS
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
GLBS
GLBS
GNK
GNK
Q4 25
1.03×
Q3 25
Q2 25
Q1 25
Q4 24
2.37×
Q3 24
1.66×
Q2 24
1.24×
Q1 24
1.72×

Financial Flow Comparison

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

Related Comparisons