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Global Ship Lease, Inc.

GSL Industrials Marine Shipping

Global Ship Lease, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $766.5 million, up 7.79% from fiscal 2024.

Revenue
+3.56%
EPS
−4.98%
Free cash flow
+0.47%
Total debt
−11.8%

Quarter to June 2026, against a year earlier

39.00 0.33 +0.85%
Market cap
$1.4B
P/E
3.7×
Fwd P/E
4.2×
Dividend yield
6.46%
F-score
6/9
Altman Z
2.15
Beneish M
−0.02
Dividend safety
78/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Sold, $m 5.43
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — 1 1 — — 1 2 1 1 —
Insider Ownership 11.11%

Capital & Financial Ratios $m

Size
Market Cap 1,390.00
Revenue ttm 780.38
Net income ttm 383.13
Free cash flow ttm 512.87
Net debt Q 98.44
Valuation
P/E 3.72
Forward P/E 4.23
Price / sales 1.79
Forward P/S Powerpack
Price / FCF 2.91
Price / book 0.72
Financial health
Current ratio Q 2.13 (at or above 1.5: strong)
Debt / equity Q 0.35 (at or below 0.5: strong)
Interest coverage Q 9.94
Growth
Revenue growth Q +3.56% (above 0%: growing)
Operating income growth Q −7.76% (below 0%: shrinking)
EPS, this year −3.11% (below 0%: weak)
EPS, next year A −8.54% (below 0%: weak)
Revenue, next year A −0.25% (below 0%: weak)
EPS, past 5 yrs +56.35% (at or above 15%: strong)
EPS, next 5 yrs A −6.79% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 1.9×, against a ten-year median of 2.5×; over the ten years it ranged from 1.5× in 2024 to 60.2× in 2018.
P/E against its own 10 years 69.80%
10-year low 10-year high
P/S against its own 10 years 84.56%
10-year low 10-year high
P/B against its own 10 years 73.74%
10-year low 10-year high
EV/Sales against its own 10 years 17.16%
10-year low 10-year high
EV/FCF against its own 10 years 5.94%
10-year low 10-year high

Dividends raised 5 years running

Yield
6.46%
Annual rate
2.50
Payout ratio
24.0%
Growth, 2019–25
+25.4%/yr
  1. 0.55 ’19
  2. 0.00 ’20 −100
  3. 0.75 ’21
  4. 1.38 ’22 +83
  5. 1.50 ’23 +9
  6. 1.65 ’24 +10
  7. 2.13 ’25 +29
  8. 2.50 ’26e +18
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 234 238 529 573
Receivables 5 13 50 51
Inventory 16 19 15 22
Other 1 0 0 1
296 301 627 668
2023 2024 2025 Q'26
Payables 18 26 62 72
ST’ Debt 193 145 148 155
Other 1 1 1 1
280 264 307 314

Compound Annual Growth %

10y 5y 3y
Sales 16.61% 22.07% 5.88%
Cash Flow 23.83% 38.30% 17.28%
Earnings 0.00% 79.75% 12.82%
Book Value 16.33% 31.12% 23.06%

Earnings Trends EPS, adjusted, against the consensus

Jun 2026 Estimate 2.34 Actual 2.48

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Sep 2025 2.27 2.62 Beat by 0.35
Dec 2025 2.31 2.32 Beat by 0.01
Mar 2026 2.40 2.56 Beat by 0.16
Jun 2026 2.34 2.48 Beat by 0.14
Sep 2026 2.32 — Reports 9 November 2026

EPS $

Mar Jun Sep Dec Year
’26 2.54 2.48 — — —
’25 3.40 2.61 2.59 2.79 11.40
’24 2.54 2.43 2.22 2.54 9.74
’23 2.02 2.13 2.34 1.84 8.33
’22 1.93 1.50 2.44 2.01 7.74
’21 0.13 0.83 1.73 1.84 4.65
’20 0.02 0.76 0.82 0.35 1.22
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 198 199 — — —
’25 191 192 193 191 766
’24 180 175 174 182 711
’23 159 162 175 179 675
’22 154 154 173 165 646
’21 73 83 139 154 448
’20 71 71 71 70 283
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 80 126 — — —
’25 103 119 112 194 528
’24 101 105 118 106 430
’23 87 95 87 105 375
’22 56 87 116 69 327
’21 20 42 45 161 267
’20 25 13 46 20 104
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 80 126 — — —
’25 88 126 100 167 481
’24 97 105 114 (103) 212
’23 88 (28) 79 98 238
’22 54 86 114 68 322
’21 18 (38) (287) 123 (185)
’20 1 17 46 20 84
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 167 159 157 261 283 448 646 675 711 766 780 +18.5% 765 715 587 (8.5%)
Gross margin, % 72.56 72.59 67.63 62.92 59.70 67.99 70.79 69.95 69.79 69.53 68.83 (3.0) pt
EBT (65) (74) (57) 40 42 172 293 305 354 416 383 n/m
EBT margin, % (39.06) (46.60) (36.48) 15.26 14.71 38.30 45.36 45.19 49.73 54.34 49.09 +93.4 pt
Net income (65) (74) (57) 40 42 171 293 305 354 416 383 n/m
Per share, $
Per share, $ Revenue 27.84 26.56 21.11 22.02 15.99 12.75 17.64 19.06 20.13 21.46 21.66 (2.8%)
Earnings (11.36) (12.89) (7.44) 1.48 1.23 4.65 7.74 8.33 9.74 11.40 10.40 n/m
Cash flow 11.89 11.15 6.42 7.87 5.90 7.61 8.95 10.59 12.18 14.80 14.23 +2.5%
Capex (0.04) (0.04) 0.38 (6.96) (1.15) (12.86) (0.15) (3.87) (6.18) (1.32) 0.00 +46.5%
Free cash flow 11.85 11.11 6.80 0.92 4.76 (5.26) 8.80 6.72 6.00 13.47 14.23 +1.4%
Book value 54.98 41.96 42.52 34.27 26.28 20.29 26.40 33.45 41.44 50.44 54.02 (1.0%)
Shares, m 6 6 7 12 18 35 37 35 35 36 36 +22.0%
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 3.33 6.09 5.06 2.11 2.38 2.24 3.08 3.72 2.4
P/S 0.45 54.87 0.23 0.40 0.74 1.80 0.94 1.04 1.08 1.63 1.79 6.3
P/B 0.23 34.73 0.12 0.26 0.45 1.13 0.63 0.59 0.53 0.69 0.72 3.9
EV/Sales 2.64 56.91 5.28 3.29 3.18 3.96 2.10 1.90 1.71 1.84 1.91 8.3
EV/FCF 6.20 136.19 16.43 79.60 10.68 (9.61) 4.21 5.38 5.75 2.93 3.11 25.8
Cash, $m
Cash, $m Operating cash flow 71 67 48 93 104 267 327 375 430 528 513 +25.0%
Capex 0 0 3 (83) (20) (452) (5) (137) (218) (47) (33) +78.7%
Free cash flow 71 67 51 11 84 (185) 322 238 212 481 513 +23.7%
Balance, $m
Balance, $m Working capital 8 22 3 32 (14) (101) (25) 15 37 320 354 +50.2%
Net debt 366 325 793 755 688 970 748 578 447 160 98 (8.7%)
Shareholders’ equity 329 252 316 406 465 713 966 1,184 1,463 1,801 1,947 +20.8%
Returns, %
Returns, % ROA (8.11) (10.65) (6.33) 1.36 1.65 9.99 13.82 13.79 15.14 15.55 13.28 +23.7 pt
ROIC (1.84) (1.66) (0.58) 6.00 5.68 8.82 12.91 12.17 12.41 13.86 12.11 +15.7 pt
ROE (18.78) (26.64) (21.28) 4.86 4.98 27.73 33.76 27.43 25.99 24.93 20.81 +43.7 pt
People
People Employees 8 9 11 7 7 7 7 7 7 7 — (1.5%)
Revenue/emp, $m 20.82 17.70 14.28 37.30 40.40 63.99 92.24 96.40 101.58 109.49 — +20.3%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Global Ship Lease, Inc. vs peers in Marine Shipping (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
DAC Danaos Corporation $2.7B 5.0× 5.4× +4.66% (above 0%: growing) +16.81% (above 0%: growing) −81.11% (below 0%: shrinking) 72.84% 48.38% Compare
NMM Navios Maritime Partners LP $2.4B 5.5× 4.5× +25.22% (above 0%: growing) +147.01% (above 0%: growing) +252.84% (above 0%: growing) 65.58% 39.64% Compare
SFL SFL Corporation Ltd. $1.7B 22.9× 29.1× +4.25% (above 0%: growing) +2,400.00% (above 0%: growing) −18.32% (below 0%: shrinking) 63.23% 32.49% Compare
CMRE Costamare Inc. $1.6B 4.8× 5.4× −2.12% (below 0%: shrinking) +2.01% (above 0%: growing) −269.21% (below 0%: shrinking) 70.25% 44.91% Compare
GSL Global Ship Lease, Inc. $1.4B 3.7× 4.2× +3.56% (above 0%: growing) −4.98% (below 0%: shrinking) +0.47% (above 0%: growing) 68.06% 47.24%
CCEC Capital Clean Energy Carriers Corp. $1.3B 11.1× 11.5× +8.46% (above 0%: growing) −5.88% (below 0%: shrinking) −2,376.31% (below 0%: shrinking) 78.04% 50.63% Compare
HOS Hornbeck Offshore Services Inc $1.2B 19.9× 6.1× +0.57% (above 0%: growing) n/m +320.12% (above 0%: growing) 18.49% 8.79% Compare
GNK Genco Shipping & Trading Limited $1.1B 14.0× 10.6× +90.01% (above 0%: growing) n/m +2,052.95% (above 0%: growing) 0.00% 29.14% Compare
SB Safe Bulkers, Inc $803.7M 9.1× 7.1× +33.04% (above 0%: growing) n/m −35.33% (below 0%: shrinking) 65.78% 45.75% Compare
Median of peers $1.4B 10.1× 6.6× +6.56% +16.81% −26.82% 65.68% 42.27%

All 38 Marine Shipping stocks →

Global Ship Lease, Inc. (GSL) Latest News

29 Oct

Impact 3 · · GlobeNewswire

12 Oct

Impact 4 · · GlobeNewswire

8 Oct

Impact 4 · · Simply Wall St.

6 Oct

Impact 4 · · GlobeNewswire

2 Oct

Impact 3 · · MoneyShow

30 Sep

Impact 3 · · Zacks

29 Sep

Impact 3 · · Zacks

12 Aug

Impact 3 · · The Motley Fool transcript

10 Aug

Impact 3 · · MarketBeat transcript

7 Aug

Impact 3 · · Moby transcript

5 Aug

Impact 4 · transcript
Impact 3 ·
Impact 3 ·

24 Jun

Impact 4 · · GlobeNewswire

16 Jun

Impact 3 ·

15 Jun

Impact 4 ·

13 Jun

Impact 4 ·

4 Jun

Impact 4 · · GlobeNewswire

26 May

Impact 3 · · Zacks transcript

24 May

Impact 3 · · Simply Wall St.

23 May

Impact 4 · · Simply Wall St.

22 May

Impact 4 · · GuruFocus.com
Impact 3 · · Moby transcript
Impact 3 · · MarketBeat transcript
Impact 3 · · The Motley Fool transcript
Impact 3 · · GlobeNewswire

19 May

Impact 3 · · Zacks

8 May

Impact 3 · · Simply Wall St.

7 Apr

Impact 3 · · GlobeNewswire

25 Mar

Impact 4 · · Zacks
stockrow.com/GSL · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com