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Side-by-side financial comparison of GENCO SHIPPING & TRADING LTD (GNK) and Ranpak Holdings Corp. (PACK). 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 $93.7M, roughly 1.2× Ranpak Holdings Corp.). On growth, GENCO SHIPPING & TRADING LTD posted the faster year-over-year revenue change (10.8% vs 2.3%). Over the past eight quarters, Ranpak Holdings Corp.'s revenue compounded faster (13.7% CAGR vs -3.3%).

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.

Ranpak Holdings Corp. manufactures machines and paper products used in protective paper-based packing for shipping goods and merchandise for e-commerce and industry, along with automation solutions. The company is based in Concord, Ohio, and has production facilities and offices in Reno, Nevada; Kansas City, Missouri; the Netherlands; Czech Republic; Shanghai and Singapore. The paper packaging material can be used for multiple applications like wrapping, cushioning, void fill and cold chain p...

GNK vs PACK — Head-to-Head

Bigger by revenue
GNK
GNK
1.2× larger
GNK
$109.9M
$93.7M
PACK
Growing faster (revenue YoY)
GNK
GNK
+8.5% gap
GNK
10.8%
2.3%
PACK
Faster 2-yr revenue CAGR
PACK
PACK
Annualised
PACK
13.7%
-3.3%
GNK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GNK
GNK
PACK
PACK
Revenue
$109.9M
$93.7M
Net Profit
$15.4M
Gross Margin
39.0%
Operating Margin
17.3%
-1.0%
Net Margin
14.0%
Revenue YoY
10.8%
2.3%
Net Profit YoY
21.6%
EPS (diluted)
$0.36
$-0.11

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
PACK
PACK
Q4 25
$109.9M
$93.7M
Q3 25
$79.9M
$83.6M
Q2 25
$80.9M
$77.8M
Q1 25
$71.3M
$77.6M
Q4 24
$99.2M
$91.6M
Q3 24
$99.3M
$78.6M
Q2 24
$107.0M
$72.8M
Q1 24
$117.4M
$72.5M
Net Profit
GNK
GNK
PACK
PACK
Q4 25
$15.4M
Q3 25
$-1.1M
$-10.4M
Q2 25
$-6.8M
$-7.5M
Q1 25
$-11.9M
$-10.9M
Q4 24
$12.7M
Q3 24
$21.5M
$-8.1M
Q2 24
$23.5M
$5.5M
Q1 24
$18.8M
$-8.1M
Gross Margin
GNK
GNK
PACK
PACK
Q4 25
39.0%
Q3 25
41.1%
Q2 25
37.1%
Q1 25
39.8%
Q4 24
45.2%
Q3 24
43.8%
Q2 24
43.5%
Q1 24
44.6%
Operating Margin
GNK
GNK
PACK
PACK
Q4 25
17.3%
-1.0%
Q3 25
3.1%
-6.8%
Q2 25
-5.3%
-12.5%
Q1 25
-13.7%
-10.3%
Q4 24
14.7%
1.5%
Q3 24
24.2%
-5.3%
Q2 24
24.6%
-7.1%
Q1 24
18.8%
-6.6%
Net Margin
GNK
GNK
PACK
PACK
Q4 25
14.0%
Q3 25
-1.3%
-12.4%
Q2 25
-8.4%
-9.6%
Q1 25
-16.7%
-14.0%
Q4 24
12.8%
Q3 24
21.6%
-10.3%
Q2 24
21.9%
7.6%
Q1 24
16.0%
-11.2%
EPS (diluted)
GNK
GNK
PACK
PACK
Q4 25
$0.36
$-0.11
Q3 25
$-0.02
$-0.12
Q2 25
$-0.16
$-0.09
Q1 25
$-0.28
$-0.13
Q4 24
$0.29
$-0.13
Q3 24
$0.49
$-0.10
Q2 24
$0.54
$0.07
Q1 24
$0.43
$-0.10

Balance Sheet & Financial Strength

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

Metric
GNK
GNK
PACK
PACK
Cash + ST InvestmentsLiquidity on hand
$55.5M
$63.0M
Total DebtLower is stronger
$401.9M
Stockholders' EquityBook value
$896.5M
$534.9M
Total Assets
$1.1B
$1.1B
Debt / EquityLower = less leverage
0.75×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GNK
GNK
PACK
PACK
Q4 25
$55.5M
$63.0M
Q3 25
$90.0M
$49.9M
Q2 25
$35.4M
$49.2M
Q1 25
$30.2M
$65.5M
Q4 24
$43.7M
$76.1M
Q3 24
$46.7M
$69.5M
Q2 24
$42.0M
$65.1M
Q1 24
$48.4M
$55.1M
Total Debt
GNK
GNK
PACK
PACK
Q4 25
$401.9M
Q3 25
$403.1M
Q2 25
$403.1M
Q1 25
$405.2M
Q4 24
$406.4M
Q3 24
$403.2M
Q2 24
$396.1M
Q1 24
$396.7M
Stockholders' Equity
GNK
GNK
PACK
PACK
Q4 25
$896.5M
$534.9M
Q3 25
$885.9M
$537.8M
Q2 25
$891.6M
$539.0M
Q1 25
$903.2M
$544.1M
Q4 24
$926.7M
$548.1M
Q3 24
$929.9M
$564.3M
Q2 24
$921.8M
$566.2M
Q1 24
$915.1M
$560.0M
Total Assets
GNK
GNK
PACK
PACK
Q4 25
$1.1B
$1.1B
Q3 25
$1.1B
$1.1B
Q2 25
$1.0B
$1.1B
Q1 25
$1.0B
$1.1B
Q4 24
$1.1B
$1.1B
Q3 24
$1.0B
$1.1B
Q2 24
$1.1B
$1.1B
Q1 24
$1.1B
$1.1B
Debt / Equity
GNK
GNK
PACK
PACK
Q4 25
0.75×
Q3 25
0.75×
Q2 25
0.75×
Q1 25
0.74×
Q4 24
0.74×
Q3 24
0.71×
Q2 24
0.70×
Q1 24
0.71×

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
PACK
PACK
Operating Cash FlowLast quarter
$15.9M
$19.5M
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
PACK
PACK
Q4 25
$15.9M
$19.5M
Q3 25
$7.7M
$8.5M
Q2 25
$5.4M
$-3.6M
Q1 25
$2.9M
$-1.3M
Q4 24
$30.0M
$6.5M
Q3 24
$35.6M
$10.1M
Q2 24
$29.0M
$19.6M
Q1 24
$32.3M
$5.2M
Free Cash Flow
GNK
GNK
PACK
PACK
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
PACK
PACK
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
PACK
PACK
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
PACK
PACK
Q4 25
1.03×
Q3 25
Q2 25
Q1 25
Q4 24
2.37×
Q3 24
1.66×
Q2 24
1.24×
3.56×
Q1 24
1.72×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GNK
GNK

Segment breakdown not available.

PACK
PACK

Other$47.9M51%
Europe And Asia Segment$45.8M49%

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