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Side-by-side financial comparison of GENCO SHIPPING & TRADING LTD (GNK) and Vericel Corp (VCEL). 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 $92.9M, roughly 1.2× Vericel Corp). Vericel Corp runs the higher net margin — 25.0% vs 14.0%, a 11.0% gap on every dollar of revenue. On growth, Vericel Corp posted the faster year-over-year revenue change (23.3% vs 10.8%). GENCO SHIPPING & TRADING LTD produced more free cash flow last quarter ($15.6M vs $12.8M). Over the past eight quarters, Vericel Corp's revenue compounded faster (34.6% 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.

Vericel Corporation is a publicly traded American biopharmaceutical company which was known prior to October 2014 as Aastrom Bio. Aastrom Bio was formed in 1989 in Ann Arbor, Michigan.

GNK vs VCEL — Head-to-Head

Bigger by revenue
GNK
GNK
1.2× larger
GNK
$109.9M
$92.9M
VCEL
Growing faster (revenue YoY)
VCEL
VCEL
+12.5% gap
VCEL
23.3%
10.8%
GNK
Higher net margin
VCEL
VCEL
11.0% more per $
VCEL
25.0%
14.0%
GNK
More free cash flow
GNK
GNK
$2.8M more FCF
GNK
$15.6M
$12.8M
VCEL
Faster 2-yr revenue CAGR
VCEL
VCEL
Annualised
VCEL
34.6%
-3.3%
GNK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GNK
GNK
VCEL
VCEL
Revenue
$109.9M
$92.9M
Net Profit
$15.4M
$23.2M
Gross Margin
78.7%
Operating Margin
17.3%
24.1%
Net Margin
14.0%
25.0%
Revenue YoY
10.8%
23.3%
Net Profit YoY
21.6%
17.3%
EPS (diluted)
$0.36
$0.46

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
VCEL
VCEL
Q4 25
$109.9M
$92.9M
Q3 25
$79.9M
$67.5M
Q2 25
$80.9M
$63.2M
Q1 25
$71.3M
$52.6M
Q4 24
$99.2M
$75.4M
Q3 24
$99.3M
$57.9M
Q2 24
$107.0M
$52.7M
Q1 24
$117.4M
$51.3M
Net Profit
GNK
GNK
VCEL
VCEL
Q4 25
$15.4M
$23.2M
Q3 25
$-1.1M
$5.1M
Q2 25
$-6.8M
$-553.0K
Q1 25
$-11.9M
$-11.2M
Q4 24
$12.7M
$19.8M
Q3 24
$21.5M
$-901.0K
Q2 24
$23.5M
$-4.7M
Q1 24
$18.8M
$-3.9M
Gross Margin
GNK
GNK
VCEL
VCEL
Q4 25
78.7%
Q3 25
73.5%
Q2 25
73.7%
Q1 25
69.0%
Q4 24
77.6%
Q3 24
71.9%
Q2 24
69.5%
Q1 24
68.9%
Operating Margin
GNK
GNK
VCEL
VCEL
Q4 25
17.3%
24.1%
Q3 25
3.1%
5.1%
Q2 25
-5.3%
-3.2%
Q1 25
-13.7%
-24.3%
Q4 24
14.7%
24.5%
Q3 24
24.2%
-4.3%
Q2 24
24.6%
-11.5%
Q1 24
18.8%
-10.7%
Net Margin
GNK
GNK
VCEL
VCEL
Q4 25
14.0%
25.0%
Q3 25
-1.3%
7.5%
Q2 25
-8.4%
-0.9%
Q1 25
-16.7%
-21.4%
Q4 24
12.8%
26.3%
Q3 24
21.6%
-1.6%
Q2 24
21.9%
-8.9%
Q1 24
16.0%
-7.5%
EPS (diluted)
GNK
GNK
VCEL
VCEL
Q4 25
$0.36
$0.46
Q3 25
$-0.02
$0.10
Q2 25
$-0.16
$-0.01
Q1 25
$-0.28
$-0.23
Q4 24
$0.29
$0.40
Q3 24
$0.49
$-0.02
Q2 24
$0.54
$-0.10
Q1 24
$0.43
$-0.08

Balance Sheet & Financial Strength

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

Metric
GNK
GNK
VCEL
VCEL
Cash + ST InvestmentsLiquidity on hand
$55.5M
$137.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$896.5M
$354.6M
Total Assets
$1.1B
$488.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GNK
GNK
VCEL
VCEL
Q4 25
$55.5M
$137.5M
Q3 25
$90.0M
$135.4M
Q2 25
$35.4M
$116.9M
Q1 25
$30.2M
$112.9M
Q4 24
$43.7M
$116.2M
Q3 24
$46.7M
$101.7M
Q2 24
$42.0M
$102.5M
Q1 24
$48.4M
$110.6M
Stockholders' Equity
GNK
GNK
VCEL
VCEL
Q4 25
$896.5M
$354.6M
Q3 25
$885.9M
$321.9M
Q2 25
$891.6M
$306.8M
Q1 25
$903.2M
$295.5M
Q4 24
$926.7M
$292.0M
Q3 24
$929.9M
$257.5M
Q2 24
$921.8M
$243.0M
Q1 24
$915.1M
$233.9M
Total Assets
GNK
GNK
VCEL
VCEL
Q4 25
$1.1B
$488.0M
Q3 25
$1.1B
$453.3M
Q2 25
$1.0B
$435.6M
Q1 25
$1.0B
$424.6M
Q4 24
$1.1B
$432.7M
Q3 24
$1.0B
$390.4M
Q2 24
$1.1B
$376.8M
Q1 24
$1.1B
$356.7M

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
VCEL
VCEL
Operating Cash FlowLast quarter
$15.9M
$15.0M
Free Cash FlowOCF − Capex
$15.6M
$12.8M
FCF MarginFCF / Revenue
14.2%
13.8%
Capex IntensityCapex / Revenue
0.3%
2.4%
Cash ConversionOCF / Net Profit
1.03×
0.65×
TTM Free Cash FlowTrailing 4 quarters
$28.7M
$24.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GNK
GNK
VCEL
VCEL
Q4 25
$15.9M
$15.0M
Q3 25
$7.7M
$22.1M
Q2 25
$5.4M
$8.2M
Q1 25
$2.9M
$6.6M
Q4 24
$30.0M
$22.2M
Q3 24
$35.6M
$10.2M
Q2 24
$29.0M
$18.5M
Q1 24
$32.3M
$7.2M
Free Cash Flow
GNK
GNK
VCEL
VCEL
Q4 25
$15.6M
$12.8M
Q3 25
$6.5M
$19.5M
Q2 25
$4.3M
$81.0K
Q1 25
$2.3M
$-7.6M
Q4 24
$29.3M
$8.5M
Q3 24
$34.7M
$-9.2M
Q2 24
$27.9M
$1.8M
Q1 24
$32.0M
$-6.8M
FCF Margin
GNK
GNK
VCEL
VCEL
Q4 25
14.2%
13.8%
Q3 25
8.2%
28.8%
Q2 25
5.3%
0.1%
Q1 25
3.2%
-14.5%
Q4 24
29.5%
11.2%
Q3 24
34.9%
-15.9%
Q2 24
26.1%
3.4%
Q1 24
27.3%
-13.3%
Capex Intensity
GNK
GNK
VCEL
VCEL
Q4 25
0.3%
2.4%
Q3 25
1.5%
3.9%
Q2 25
1.3%
12.9%
Q1 25
0.9%
27.0%
Q4 24
0.7%
18.3%
Q3 24
0.9%
33.5%
Q2 24
1.1%
31.8%
Q1 24
0.2%
27.3%
Cash Conversion
GNK
GNK
VCEL
VCEL
Q4 25
1.03×
0.65×
Q3 25
4.35×
Q2 25
Q1 25
Q4 24
2.37×
1.12×
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.

Revenue Breakdown by Segment

GNK
GNK

Segment breakdown not available.

VCEL
VCEL

MACI Implants And Kits$84.1M90%
Other$8.8M10%

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