GSL
Global Ship Lease Inc
NYSE: GSL · INDUSTRIALS · MARINE SHIPPING
$39.43
-0.58% today
Updated 2026-04-29
Market cap
$1.42B
P/E ratio
3.48
P/S ratio
1.88x
EPS (TTM)
$11.32
Dividend yield
5.80%
52W range
$20 – $41
Volume
0.4M
Global Ship Lease Inc (GSL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $299.60M | $335.10M | $97.05M | $148.71M | $158.84M | $156.27M | $153.21M | $143.21M | $138.62M | $164.92M | $166.52M | $158.99M | $157.10M | $261.10M | $282.27M | $402.52M | $604.49M | $666.72M | $705.53M | $766.45M |
| Revenue growth (YoY) | — | +11.8% | -71.0% | +53.2% | +6.8% | -1.6% | -2.0% | -6.5% | -3.2% | +19.0% | +1.0% | -4.5% | -1.2% | +66.2% | +8.1% | +42.6% | +50.2% | +10.3% | +5.8% | +8.6% |
| Cost of revenue | — | — | $31.92M | $41.37M | $42.07M | $45.52M | $85.93M | $86.43M | $89.83M | $94.96M | $88.50M | $81.44M | $86.30M | $140.72M | $160.96M | $204.97M | $269.90M | $294.53M | $314.78M | $355.52M |
| Gross profit | $299.60M | $335.10M | $65.13M | $107.34M | $116.77M | $110.75M | $67.27M | $56.78M | $48.79M | $69.96M | $78.02M | $77.55M | $70.80M | $120.38M | $121.31M | $197.56M | $334.59M | $372.19M | $390.75M | $410.93M |
| Gross margin | 100.0% | 100.0% | 67.1% | 72.2% | 73.5% | 70.9% | 43.9% | 39.6% | 35.2% | 42.4% | 46.9% | 48.8% | 45.1% | 46.1% | 43.0% | 49.1% | 55.4% | 55.8% | 55.4% | 53.6% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $11.33M | $17.75M | $7.53M | $8.75M | $8.25M | $7.40M | $5.78M | $6.03M | $7.02M | $6.48M | $6.30M | $5.30M | $9.22M | $8.81M | $8.35M | $13.24M | $18.53M | $18.22M | $17.13M | $22.08M |
| Operating income | $47.74M | $30.15M | $36.72M | $61.72M | $51.77M | $49.93M | $61.83M | $51.16M | $42.27M | $19.25M | $-20.48M | $-15.32M | $-10.26M | $111.57M | $104.76M | $237.52M | $354.19M | $343.22M | $379.14M | $388.85M |
| Operating margin | 15.9% | 9.0% | 37.8% | 41.5% | 32.6% | 31.9% | 40.4% | 35.7% | 30.5% | 11.7% | -12.3% | -9.6% | -6.5% | 42.7% | 37.1% | 59.0% | 58.6% | 51.5% | 53.7% | 50.7% |
| EBITDA | $64.41M | $46.48M | $-31.30M | $104.35M | $59.96M | $69.84M | $93.58M | $91.85M | $91.12M | $64.17M | $22.52M | $23.17M | $26.83M | $160.68M | $153.94M | $302.34M | $449.47M | $441.50M | $494.30M | $524.30M |
| EBITDA margin | 21.5% | 13.9% | -32.2% | 70.2% | 37.7% | 44.7% | 61.1% | 64.1% | 65.7% | 38.9% | 13.5% | 14.6% | 17.1% | 61.5% | 54.5% | 75.1% | 74.4% | 66.2% | 70.1% | 68.4% |
| EBIT | $47.74M | $30.36M | $-52.12M | $68.59M | $22.03M | $31.83M | $55.35M | $53.58M | $52.18M | $21.43M | $-20.28M | $-14.81M | $-8.62M | $114.83M | $106.97M | $240.78M | $368.16M | $349.77M | $394.31M | $388.85M |
| Interest expense | $15.06M | $13.56M | $21.44M | $24.22M | $23.83M | $20.56M | $21.18M | $18.85M | $43.87M | $48.15M | $44.77M | $59.39M | $48.69M | $74.99M | $65.35M | $69.23M | $75.29M | $44.82M | $40.68M | $38.97M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $32.68M | $16.78M | $-36.55M | $42.37M | $-3.97M | $9.07M | $31.93M | $32.52M | $6.11M | $-28.88M | $-65.09M | $-74.27M | $-57.36M | $39.84M | $41.56M | $171.50M | $292.93M | $304.50M | $353.63M | $416.45M |
| Net income growth (YoY) | — | -48.7% | -317.9% | +215.9% | -109.4% | +328.4% | +252.0% | +1.8% | -81.2% | -572.6% | -125.4% | -14.1% | +22.8% | +169.4% | +4.3% | +312.6% | +70.8% | +4.0% | +16.1% | +17.8% |
| Profit margin | 10.9% | 5.0% | -37.7% | 28.5% | -2.5% | 5.8% | 20.8% | 22.7% | 4.4% | -17.5% | -39.1% | -46.7% | -36.5% | 15.3% | 14.7% | 42.6% | 48.5% | 45.7% | 50.1% | 54.3% |