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Side-by-side financial comparison of GENCO SHIPPING & TRADING LTD (GNK) and Navios Maritime Partners L.P. (NMM). Click either name above to swap in a different company.

Navios Maritime Partners L.P. is the larger business by last-quarter revenue ($327.6M vs $109.9M, roughly 3.0× GENCO SHIPPING & TRADING LTD). Navios Maritime Partners L.P. runs the higher net margin — 21.4% vs 14.0%, a 7.3% gap on every dollar of revenue. On growth, GENCO SHIPPING & TRADING LTD posted the faster year-over-year revenue change (10.8% vs -4.3%).

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.

Navios Maritime Holdings Inc. is a multinational, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain.

GNK vs NMM — Head-to-Head

Bigger by revenue
NMM
NMM
3.0× larger
NMM
$327.6M
$109.9M
GNK
Growing faster (revenue YoY)
GNK
GNK
+15.1% gap
GNK
10.8%
-4.3%
NMM
Higher net margin
NMM
NMM
7.3% more per $
NMM
21.4%
14.0%
GNK

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
GNK
GNK
NMM
NMM
Revenue
$109.9M
$327.6M
Net Profit
$15.4M
$69.9M
Gross Margin
90.5%
Operating Margin
17.3%
Net Margin
14.0%
21.4%
Revenue YoY
10.8%
-4.3%
Net Profit YoY
21.6%
-31.1%
EPS (diluted)
$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
GNK
GNK
NMM
NMM
Q4 25
$109.9M
Q3 25
$79.9M
Q2 25
$80.9M
$327.6M
Q1 25
$71.3M
Q4 24
$99.2M
Q3 24
$99.3M
Q2 24
$107.0M
$342.2M
Q1 24
$117.4M
Net Profit
GNK
GNK
NMM
NMM
Q4 25
$15.4M
Q3 25
$-1.1M
Q2 25
$-6.8M
$69.9M
Q1 25
$-11.9M
Q4 24
$12.7M
Q3 24
$21.5M
Q2 24
$23.5M
$101.5M
Q1 24
$18.8M
Gross Margin
GNK
GNK
NMM
NMM
Q4 25
Q3 25
Q2 25
90.5%
Q1 25
Q4 24
Q3 24
Q2 24
88.3%
Q1 24
Operating Margin
GNK
GNK
NMM
NMM
Q4 25
17.3%
Q3 25
3.1%
Q2 25
-5.3%
Q1 25
-13.7%
Q4 24
14.7%
Q3 24
24.2%
Q2 24
24.6%
Q1 24
18.8%
Net Margin
GNK
GNK
NMM
NMM
Q4 25
14.0%
Q3 25
-1.3%
Q2 25
-8.4%
21.4%
Q1 25
-16.7%
Q4 24
12.8%
Q3 24
21.6%
Q2 24
21.9%
29.7%
Q1 24
16.0%
EPS (diluted)
GNK
GNK
NMM
NMM
Q4 25
$0.36
Q3 25
$-0.02
Q2 25
$-0.16
Q1 25
$-0.28
Q4 24
$0.29
Q3 24
$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
GNK
GNK
NMM
NMM
Cash + ST InvestmentsLiquidity on hand
$55.5M
$377.0M
Total DebtLower is stronger
$2.0B
Stockholders' EquityBook value
$896.5M
Total Assets
$1.1B
$5.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GNK
GNK
NMM
NMM
Q4 25
$55.5M
Q3 25
$90.0M
Q2 25
$35.4M
$377.0M
Q1 25
$30.2M
Q4 24
$43.7M
Q3 24
$46.7M
Q2 24
$42.0M
$272.0M
Q1 24
$48.4M
Total Debt
GNK
GNK
NMM
NMM
Q4 25
Q3 25
Q2 25
$2.0B
Q1 25
Q4 24
Q3 24
Q2 24
$1.4B
Q1 24
Stockholders' Equity
GNK
GNK
NMM
NMM
Q4 25
$896.5M
Q3 25
$885.9M
Q2 25
$891.6M
Q1 25
$903.2M
Q4 24
$926.7M
Q3 24
$929.9M
Q2 24
$921.8M
Q1 24
$915.1M
Total Assets
GNK
GNK
NMM
NMM
Q4 25
$1.1B
Q3 25
$1.1B
Q2 25
$1.0B
$5.9B
Q1 25
$1.0B
Q4 24
$1.1B
Q3 24
$1.0B
Q2 24
$1.1B
$5.3B
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
GNK
GNK
NMM
NMM
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
GNK
GNK
NMM
NMM
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
GNK
GNK
NMM
NMM
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
GNK
GNK
NMM
NMM
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
GNK
GNK
NMM
NMM
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
GNK
GNK
NMM
NMM
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.

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