Genco Shipping & Trading Limited reported Q4 2025 financial results including net income of $15.4 million ($0.35 per share) and Adjusted EBITDA of $42.0 million, declared a $0.50 per share dividend payable March 18, 2026, and expects delivery of two Newcastlemax vessels in March 2026.
Key takeaways
Declared Q4 2025 dividend of $0.50 per share, payable March 18, 2026 to shareholders of record March 11, 2026
Q4 2025 net income $15.4 million ($0.35 basic and diluted EPS); Adjusted net income $17.3 million ($0.40 basic EPS)
Q4 2025 voyage revenues $109.9 million, net revenue $77.2 million, fleet-wide TCE $20,064 per day
Adjusted EBITDA $42.0 million for Q4 2025
Agreed to acquire two 2020-built 208,000 dwt Newcastlemax vessels for $145.5 million, delivery expected March 2026
Exercised $80 million accordion option under revolving credit facility, increasing capacity to $680 million