Saturday 17 October 2026 Export GSL’s income statement to Excel — free account

Global Ship Lease, Inc.

Global Ship Lease, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $766.5 million, up 7.79% from fiscal 2024. In the quarter to June 2026, revenue grew 3.56%, EPS fell 4.98%, free cash flow was flat and total debt fell 11.8%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for five, operating cash flow growth for five.

41.32 0.68 −1.62%

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Market cap: $1.5B
P/E: 4.0×
Fwd P/E: 3.9×
Dividend yield: 6.05%
F-score: 6/9
Altman Z: 2.15
Beneish M: −0.02
Dividend safety: 78/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 5.43

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	1	1	—	—	1	2	1	1

Insider Ownership 11.11%

Capital & Financial Ratios $m

Market Cap 1,510.00

Revenue 780.38

Net Income 383.13

Free Cash Flow 512.87

Net Debt 98.44

Current Ratio 2.13

Debt/Equity 0.35

P/E ratio 3.97

Fwd P/E 3.88

P/S ratio 1.91

P/B ratio 0.76

Past 5Y EPS Growth 56.35%

This Y EPS Growth (3.11%)

Next Y EPS Growth (8.54%)

Next Y revenue growth (0.25%)

Next 5Y EPS Growth (6.80%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 74.59%

10-year low 10-year high

P/S against its own 10 years 87.80%

10-year low 10-year high

P/B against its own 10 years 80.13%

10-year low 10-year high

EV/Sales against its own 10 years 24.14%

10-year low 10-year high

EV/FCF against its own 10 years 8.93%

10-year low 10-year high

Dividends

Payout Ratio 0.24

Annual Dividend Rate 2.50

Annual Dividend Yield 6.05%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	2.50	0.63 0.63 0.63
2025	2.13	0.45 0.53 0.53 0.63
2024	1.65	0.38 0.38 0.45 0.45
2023	1.50	0.38 0.38 0.38 0.38
2022	1.38	0.25 0.38 0.38 0.38
2021	0.75	0.25 0.25 0.25
2020	Powerpack
2019	0.55	0.55
2017	Powerpack

predictions special payouts not included in total or ratios

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%

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.

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.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	8.16	7.76	4.00	4.64	2.61	11.30	14.62	15.82	18.75	17.73	Analyst estimates 2026–2028 Powerpack
	High	36.00	15.52	12.24	9.25	12.08	26.51	30.02	21.83	30.32	37.22
People
People	Employees	8	9	11	7	7	7	7	7	7	7
	Revenue/emp, $m	20.82	17.70	14.28	37.30	40.40	63.99	92.24	96.40	101.58	109.49
Income, $m
Income, $m	Revenue	167	159	157	261	283	448	646	675	711	766
	Gross margin, %	72.56	72.59	67.63	62.92	59.70	67.99	70.79	69.95	69.79	69.53
	EBT	(65)	(74)	(57)	40	42	172	293	305	354	416
	EBT margin, %	(39.06)	(46.60)	(36.48)	15.26	14.71	38.30	45.36	45.19	49.73	54.34
	Net income	(65)	(74)	(57)	40	42	171	293	305	354	416
	Depreciation	46	56	40	50	54	33	53	93	106	116
Per share, $
Per share, $	Revenue	27.84	0.17	21.11	22.02	15.99	12.75	17.64	19.06	20.13	21.46
	Earnings	(11.36)	(0.08)	(7.44)	1.48	1.23	4.65	7.74	8.33	9.74	11.40
	Cash flow	11.89	0.07	6.42	7.87	5.90	7.61	8.95	10.59	12.18	14.80
	Capex	(0.04)	0.00	0.38	(6.96)	(1.15)	(12.86)	(0.15)	(3.87)	(6.18)	(1.32)
	Free cash flow	11.85	0.07	6.80	0.92	4.76	(5.26)	8.80	6.72	6.00	13.47
	Book value	54.98	0.27	42.52	34.27	26.28	20.29	26.40	33.45	41.44	50.44
	Shares, m	6	926	7	12	18	35	37	35	35	36
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	3.33	6.09	5.06	2.11	2.38	2.24	3.08
	P/S	0.45	54.87	0.23	0.40	0.74	1.80	0.94	1.04	1.08	1.63
	P/B	0.23	34.73	0.12	0.26	0.45	1.13	0.63	0.59	0.53	0.69
	EV/Sales	2.64	56.91	5.28	3.29	3.18	3.96	2.10	1.90	1.71	1.84
	EV/FCF	6.20	136.19	16.43	79.60	10.68	(9.61)	4.21	5.38	5.75	2.93
Cash, $m
Cash, $m	Operating cash flow	71	67	48	93	104	267	327	375	430	528
	Capex	0	0	3	(83)	(20)	(452)	(5)	(137)	(218)	(47)
	Free cash flow	71	67	51	11	84	(185)	322	238	212	481
Balance, $m
Balance, $m	Working capital	8	22	3	32	(14)	(101)	(25)	15	37	320
	Total debt	420	399	877	897	769	1,070	934	812	684	689
	Net debt	366	325	793	755	688	970	748	578	447	160
	Shareholders’ equity	329	252	316	406	465	713	966	1,184	1,463	1,801
Returns, %
Returns, %	ROA	(8.11)	(10.65)	(6.33)	1.36	1.65	9.99	13.82	13.79	15.14	15.55
	ROIC	(1.84)	(1.66)	(0.58)	6.00	5.68	8.82	12.91	12.17	12.41	13.86
	ROE	(18.78)	(26.64)	(21.28)	4.86	4.98	27.73	33.76	27.43	25.99	24.93

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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	$2.9B	5.3×	4.7×	+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	$2.5B	5.7×	4.1×	+25.22% (above 0%: growing)	+147.01% (above 0%: growing)	+252.84% (above 0%: growing)	65.58%	39.64%	Compare
SFL SFL Corporation Ltd.	$1.9B	25.8×	29.6×	+4.25% (above 0%: growing)	+2,400.00% (above 0%: growing)	−18.32% (below 0%: shrinking)	63.23%	32.49%	Compare
CMRE Costamare Inc.	$1.7B	5.3×	6.3×	−4.00% (below 0%: shrinking)	−7.25% (below 0%: shrinking)	−269.21% (below 0%: shrinking)	71.38%	46.73%	Compare
GSL Global Ship Lease, Inc.	$1.5B	4.0×	3.9×	+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.	$1.2B	10.9×	12.9×	+8.46% (above 0%: growing)	−5.88% (below 0%: shrinking)	−2,376.31% (below 0%: shrinking)	78.04%	50.63%	Compare
GNK Genco Shipping & Trading Limited	$1.1B	26.7×	10.6×	+68.54% (above 0%: growing)	n/m	+2,327.68% (above 0%: growing)	47.95%	15.95%	Compare
SB Safe Bulkers, Inc	$912.9M	10.1×	8.6×	+33.04% (above 0%: growing)	n/m	−35.33% (below 0%: shrinking)	65.78%	45.75%	Compare
ASC Ardmore Shipping Corporation	$775.4M	7.3×	5.1×	+61.31% (above 0%: growing)	+572.73% (above 0%: growing)	+8,990.87% (above 0%: growing)	57.14%	42.84%	Compare
Median of peers	$1.5B	8.7×	7.4×	+16.84%	+81.91%	−26.82%	65.68%	44.30%

All 38 Marine Shipping stocks →