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Side-by-side financial comparison of GENCO SHIPPING & TRADING LTD (GNK) and Latham Group, Inc. (SWIM). 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 $100.0M, roughly 1.1× Latham Group, Inc.). GENCO SHIPPING & TRADING LTD runs the higher net margin — 14.0% vs -7.0%, a 21.0% gap on every dollar of revenue. On growth, Latham Group, Inc. posted the faster year-over-year revenue change (14.5% vs 10.8%). GENCO SHIPPING & TRADING LTD produced more free cash flow last quarter ($15.6M vs $14.1M). Over the past eight quarters, GENCO SHIPPING & TRADING LTD's revenue compounded faster (-3.3% CAGR vs -4.9%).
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.
Latham & Watkins LLP is an American multinational law firm. Founded in 1934 in Los Angeles, California, it is known for its litigation, corporate, and regulatory law practices.
GNK vs SWIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $109.9M | $100.0M |
| Net Profit | $15.4M | $-7.0M |
| Gross Margin | — | 28.0% |
| Operating Margin | 17.3% | -10.7% |
| Net Margin | 14.0% | -7.0% |
| Revenue YoY | 10.8% | 14.5% |
| Net Profit YoY | 21.6% | 76.0% |
| EPS (diluted) | $0.36 | $-0.06 |
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.
| Q4 25 | $109.9M | $100.0M | ||
| Q3 25 | $79.9M | $161.9M | ||
| Q2 25 | $80.9M | $172.6M | ||
| Q1 25 | $71.3M | $111.4M | ||
| Q4 24 | $99.2M | $87.3M | ||
| Q3 24 | $99.3M | $150.5M | ||
| Q2 24 | $107.0M | $160.1M | ||
| Q1 24 | $117.4M | $110.6M |
| Q4 25 | $15.4M | $-7.0M | ||
| Q3 25 | $-1.1M | $8.1M | ||
| Q2 25 | $-6.8M | $16.0M | ||
| Q1 25 | $-11.9M | $-6.0M | ||
| Q4 24 | $12.7M | $-29.2M | ||
| Q3 24 | $21.5M | $5.9M | ||
| Q2 24 | $23.5M | $13.3M | ||
| Q1 24 | $18.8M | $-7.9M |
| Q4 25 | — | 28.0% | ||
| Q3 25 | — | 35.4% | ||
| Q2 25 | — | 37.1% | ||
| Q1 25 | — | 29.5% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 32.4% | ||
| Q2 24 | — | 33.1% | ||
| Q1 24 | — | 27.7% |
| Q4 25 | 17.3% | -10.7% | ||
| Q3 25 | 3.1% | 13.3% | ||
| Q2 25 | -5.3% | 14.3% | ||
| Q1 25 | -13.7% | -4.4% | ||
| Q4 24 | 14.7% | -14.9% | ||
| Q3 24 | 24.2% | 8.9% | ||
| Q2 24 | 24.6% | 12.5% | ||
| Q1 24 | 18.8% | -1.9% |
| Q4 25 | 14.0% | -7.0% | ||
| Q3 25 | -1.3% | 5.0% | ||
| Q2 25 | -8.4% | 9.3% | ||
| Q1 25 | -16.7% | -5.4% | ||
| Q4 24 | 12.8% | -33.4% | ||
| Q3 24 | 21.6% | 3.9% | ||
| Q2 24 | 21.9% | 8.3% | ||
| Q1 24 | 16.0% | -7.1% |
| Q4 25 | $0.36 | $-0.06 | ||
| Q3 25 | $-0.02 | $0.07 | ||
| Q2 25 | $-0.16 | $0.13 | ||
| Q1 25 | $-0.28 | $-0.05 | ||
| Q4 24 | $0.29 | $-0.24 | ||
| Q3 24 | $0.49 | $0.05 | ||
| Q2 24 | $0.54 | $0.11 | ||
| Q1 24 | $0.43 | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $55.5M | — |
| Total DebtLower is stronger | — | $279.8M |
| Stockholders' EquityBook value | $896.5M | $405.9M |
| Total Assets | $1.1B | $823.2M |
| Debt / EquityLower = less leverage | — | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $55.5M | — | ||
| Q3 25 | $90.0M | — | ||
| Q2 25 | $35.4M | — | ||
| Q1 25 | $30.2M | — | ||
| Q4 24 | $43.7M | — | ||
| Q3 24 | $46.7M | — | ||
| Q2 24 | $42.0M | — | ||
| Q1 24 | $48.4M | — |
| Q4 25 | — | $279.8M | ||
| Q3 25 | — | $281.1M | ||
| Q2 25 | — | $281.5M | ||
| Q1 25 | — | $306.9M | ||
| Q4 24 | — | $281.5M | ||
| Q3 24 | — | $282.8M | ||
| Q2 24 | — | $282.4M | ||
| Q1 24 | — | $282.8M |
| Q4 25 | $896.5M | $405.9M | ||
| Q3 25 | $885.9M | $408.4M | ||
| Q2 25 | $891.6M | $398.4M | ||
| Q1 25 | $903.2M | $381.1M | ||
| Q4 24 | $926.7M | $387.2M | ||
| Q3 24 | $929.9M | $416.6M | ||
| Q2 24 | $921.8M | $408.1M | ||
| Q1 24 | $915.1M | $391.8M |
| Q4 25 | $1.1B | $823.2M | ||
| Q3 25 | $1.1B | $844.4M | ||
| Q2 25 | $1.0B | $822.1M | ||
| Q1 25 | $1.0B | $824.6M | ||
| Q4 24 | $1.1B | $794.2M | ||
| Q3 24 | $1.0B | $853.4M | ||
| Q2 24 | $1.1B | $830.0M | ||
| Q1 24 | $1.1B | $808.6M |
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.71× | ||
| Q1 25 | — | 0.81× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.69× | ||
| Q1 24 | — | 0.72× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $15.9M | $23.3M |
| Free Cash FlowOCF − Capex | $15.6M | $14.1M |
| FCF MarginFCF / Revenue | 14.2% | 14.1% |
| Capex IntensityCapex / Revenue | 0.3% | 9.2% |
| Cash ConversionOCF / Net Profit | 1.03× | — |
| TTM Free Cash FlowTrailing 4 quarters | $28.7M | $38.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $15.9M | $23.3M | ||
| Q3 25 | $7.7M | $51.0M | ||
| Q2 25 | $5.4M | $36.0M | ||
| Q1 25 | $2.9M | $-46.9M | ||
| Q4 24 | $30.0M | $6.2M | ||
| Q3 24 | $35.6M | $37.2M | ||
| Q2 24 | $29.0M | $52.4M | ||
| Q1 24 | $32.3M | $-34.5M |
| Q4 25 | $15.6M | $14.1M | ||
| Q3 25 | $6.5M | $45.2M | ||
| Q2 25 | $4.3M | $29.1M | ||
| Q1 25 | $2.3M | $-50.3M | ||
| Q4 24 | $29.3M | $-98.0K | ||
| Q3 24 | $34.7M | $33.2M | ||
| Q2 24 | $27.9M | $47.9M | ||
| Q1 24 | $32.0M | $-39.9M |
| Q4 25 | 14.2% | 14.1% | ||
| Q3 25 | 8.2% | 27.9% | ||
| Q2 25 | 5.3% | 16.8% | ||
| Q1 25 | 3.2% | -45.2% | ||
| Q4 24 | 29.5% | -0.1% | ||
| Q3 24 | 34.9% | 22.1% | ||
| Q2 24 | 26.1% | 29.9% | ||
| Q1 24 | 27.3% | -36.0% |
| Q4 25 | 0.3% | 9.2% | ||
| Q3 25 | 1.5% | 3.6% | ||
| Q2 25 | 1.3% | 4.0% | ||
| Q1 25 | 0.9% | 3.1% | ||
| Q4 24 | 0.7% | 7.2% | ||
| Q3 24 | 0.9% | 2.7% | ||
| Q2 24 | 1.1% | 2.8% | ||
| Q1 24 | 0.2% | 4.8% |
| Q4 25 | 1.03× | — | ||
| Q3 25 | — | 6.29× | ||
| Q2 25 | — | 2.25× | ||
| Q1 25 | — | — | ||
| Q4 24 | 2.37× | — | ||
| Q3 24 | 1.66× | 6.32× | ||
| Q2 24 | 1.24× | 3.95× | ||
| Q1 24 | 1.72× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GNK
Segment breakdown not available.
SWIM
| In Ground Swimming Pools | $50.2M | 50% |
| Covers | $37.0M | 37% |
| Liners | $12.7M | 13% |
