GSLNYSEDeep Sea Foreign Transportation of FreightFiscal year ends December 31Also trades as GSL.PB
Global Ship Lease, Inc.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 16, 2026
$40.80−0.52 (-1.26%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Operating margin
56.8%+19.7 pts over 5 years
Net margin
54.3%+39.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +7.8% | +5.9% | +22.1% | +16.6% | |
| Operating income | +14.8% | +7.1% | +32.9% | +36.6% | |
| Net income | +17.8% | +12.4% | +58.6% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -17.9% | 9.5% | 25.5% | |
| Return on assets | -7.7% | 3.2% | 15.9% | |
| Current ratio | 1.17 | 0.88 | 2.04 | |
| Debt to equity | – | 1.66 | 0.38 | |
| Net debt to EBITDA | – | 4.46× | 0.75× | |
| Interest coverage | -0.5× | – | – | |
| Capex to revenue | 0.0% | – | – |
Cash use needs five years of cash flow figures
Global Ship Lease does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin54.3%
×Asset turnover0.29×
×Equity multiplier1.60×
=Return on equity, FY202525.5%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 54.3% | 0.29× | 1.60× | 25.5% |
| FY2024 | 49.7% | 0.31× | 1.72× | 26.7% |
| FY2023 | 45.1% | 0.32× | 1.99× | 28.3% |
| FY2022 | 45.4% | 0.31× | 2.44× | 34.9% |
| FY2021 | 38.3% | 0.27× | 2.78× | 29.1% |
| FY2020 | 14.7% | 0.22× | 3.01× | 9.5% |
| FY2019 | 15.3% | 0.20× | 3.58× | 11.0% |
| FY2018 | -36.5% | 0.16× | 3.36× | -20.2% |
| FY2017 | -46.6% | 0.22× | 2.50× | -25.6% |
| FY2016 | -39.0% | 0.20× | 2.32× | -17.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$416.46M
- Cash generatingOperating cash flow above zero$528.30M
- Return on assets improvedROA up on the prior year16.3% → 17.5%
- Earnings backed by cashOperating cash flow above net income$528.30M vs $416.46M
- Less leverageLong-term debt to assets fell22.7% → 18.9%
- Better liquidityCurrent ratio rose1.14 → 2.04
- No dilutionShare count did not rise– → –
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.33 → 0.32