Genco Shipping & Trading Limited (GNK) has a ROE of 1051.13%, above the Industrials sector average of 20.56%.
Get informed when a big investor buys or sells
+ Follow1051.13%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Genco Shipping & Trading Limited's return on equity stands at 1051.13%. That is above the Industrials sector average of 20.56%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Genco Shipping & Trading Limited sits higher the Industrials benchmark (20.56%) with a ROE of 1051.13%. That is roughly 5011.5% above the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
A ROE of 1051.13% for Genco Shipping & Trading Limited means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.
The history chart shows how Genco Shipping & Trading Limited's ROE evolved across reporting periods, while the comparison chart places GNK next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.
Yes — within Industrials, ROE is commonly used to spot outliers. Genco Shipping & Trading Limited's reading of 1051.13% (sector avg 20.56%) is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.