GSL
GSL
Global Ship Lease, Inc.Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $190.95M ▼ | $9.66M ▲ | $102.61M ▲ | 53.73% ▲ | $2.79 ▲ | $122.46M ▼ |
| Q3-2025 | $192.67M ▲ | $3.75M ▲ | $95.02M ▼ | 49.32% ▼ | $2.59 ▼ | $138.61M ▲ |
| Q2-2025 | $188.54M ▲ | $865K ▲ | $95.44M ▼ | 50.62% ▼ | $2.61 ▼ | $136.36M ▼ |
| Q1-2025 | $187.76M ▲ | $-27.07M ▼ | $123.39M ▲ | 65.72% ▲ | $3.4 ▲ | $159.84M ▲ |
| Q4-2024 | $181.43M | $3.09M | $92.56M | 51.02% | $2.55 | $131.1M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $523.5M ▲ | $2.86B ▲ | $1.06B ▲ | $1.8B ▲ |
| Q3-2025 | $489.87M ▲ | $2.67B ▲ | $950.88M ▼ | $1.72B ▲ |
| Q2-2025 | $479.59M ▲ | $2.64B ▲ | $1B ▼ | $1.64B ▲ |
| Q1-2025 | $333.7M ▲ | $2.58B ▲ | $1.01B ▲ | $1.57B ▲ |
| Q4-2024 | $167.53M | $2.37B | $909.76M | $1.46B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $102.61M ▲ | $193.8M ▲ | $-154.09M ▲ | $-62.05M ▼ | $-14.07M ▲ | $101.8M ▼ |
| Q3-2025 | $95.02M ▼ | $112.45M ▼ | $-188.75M ▼ | $-58.09M ▼ | $-126.13M ▼ | $109.2M ▼ |
| Q2-2025 | $95.44M ▼ | $119.23M ▲ | $-9.77M ▼ | $-31.38M ▼ | $78.08M ▼ | $114.01M ▲ |
| Q1-2025 | $123.39M ▲ | $102.81M ▼ | $716K ▲ | $66.84M ▲ | $170.37M ▲ | $33.6M ▲ |
| Q4-2024 | $92.56M | $105.84M | $-220.85M | $-15.98M | $-131M | $-115.31M |
Q4 2025 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Global Ship Lease, Inc.'s financial evolution and strategic trajectory over the past five years.
GSL combines very strong current profitability and cash generation with a conservative balance sheet and a sizeable base of contracted revenue from top‑tier customers. Its focus on mid‑sized containerships, long‑term fixed‑rate charters, and flexible financial solutions creates a clear market niche. Ongoing fleet modernization, technology upgrades, and disciplined capital allocation further enhance resilience and support the ability to navigate normal industry volatility.
The main risks stem from the cyclical, capital‑intensive nature of container shipping and the heavy concentration of value in vessel assets whose worth is sensitive to rates, regulation, and technology shifts. Future charter renewals may occur at less favorable rates than those currently enjoyed, potentially compressing margins and cash flow. Regulatory and customer pressure for rapid decarbonization could require substantial additional capex or early vessel retirements. Interest costs, dividend commitments, and the limited historical visibility on multi‑year trends also add layers of uncertainty.
On balance, the available information points to a company currently operating from a position of strength, with solid financials, good liquidity, and a growing technological and environmental focus. The contracted revenue backlog provides medium‑term visibility, while ongoing deleveraging and selective fleet investments support long‑term optionality. Future performance will largely depend on how the container shipping cycle evolves, how quickly decarbonization standards tighten, and how effectively management continues to balance shareholder returns with the need for sustained reinvestment in the fleet and new technologies.
About Global Ship Lease, Inc.
https://www.globalshiplease.comGlobal Ship Lease, Inc. owns and charters containerships of various sizes under fixed-rate charters to container shipping companies. As of March 10, 2022, it owned 65 mid-sized and smaller containerships with an aggregate capacity of 342,348 twenty-foot equivalent units. The company was founded in 2007 and is based in London, the United Kingdom.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q4-2025 | $190.95M ▼ | $9.66M ▲ | $102.61M ▲ | 53.73% ▲ | $2.79 ▲ | $122.46M ▼ |
| Q3-2025 | $192.67M ▲ | $3.75M ▲ | $95.02M ▼ | 49.32% ▼ | $2.59 ▼ | $138.61M ▲ |
| Q2-2025 | $188.54M ▲ | $865K ▲ | $95.44M ▼ | 50.62% ▼ | $2.61 ▼ | $136.36M ▼ |
| Q1-2025 | $187.76M ▲ | $-27.07M ▼ | $123.39M ▲ | 65.72% ▲ | $3.4 ▲ | $159.84M ▲ |
| Q4-2024 | $181.43M | $3.09M | $92.56M | 51.02% | $2.55 | $131.1M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q4-2025 | $523.5M ▲ | $2.86B ▲ | $1.06B ▲ | $1.8B ▲ |
| Q3-2025 | $489.87M ▲ | $2.67B ▲ | $950.88M ▼ | $1.72B ▲ |
| Q2-2025 | $479.59M ▲ | $2.64B ▲ | $1B ▼ | $1.64B ▲ |
| Q1-2025 | $333.7M ▲ | $2.58B ▲ | $1.01B ▲ | $1.57B ▲ |
| Q4-2024 | $167.53M | $2.37B | $909.76M | $1.46B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q4-2025 | $102.61M ▲ | $193.8M ▲ | $-154.09M ▲ | $-62.05M ▼ | $-14.07M ▲ | $101.8M ▼ |
| Q3-2025 | $95.02M ▼ | $112.45M ▼ | $-188.75M ▼ | $-58.09M ▼ | $-126.13M ▼ | $109.2M ▼ |
| Q2-2025 | $95.44M ▼ | $119.23M ▲ | $-9.77M ▼ | $-31.38M ▼ | $78.08M ▼ | $114.01M ▲ |
| Q1-2025 | $123.39M ▲ | $102.81M ▼ | $716K ▲ | $66.84M ▲ | $170.37M ▲ | $33.6M ▲ |
| Q4-2024 | $92.56M | $105.84M | $-220.85M | $-15.98M | $-131M | $-115.31M |
Q4 2025 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Global Ship Lease, Inc.'s financial evolution and strategic trajectory over the past five years.
GSL combines very strong current profitability and cash generation with a conservative balance sheet and a sizeable base of contracted revenue from top‑tier customers. Its focus on mid‑sized containerships, long‑term fixed‑rate charters, and flexible financial solutions creates a clear market niche. Ongoing fleet modernization, technology upgrades, and disciplined capital allocation further enhance resilience and support the ability to navigate normal industry volatility.
The main risks stem from the cyclical, capital‑intensive nature of container shipping and the heavy concentration of value in vessel assets whose worth is sensitive to rates, regulation, and technology shifts. Future charter renewals may occur at less favorable rates than those currently enjoyed, potentially compressing margins and cash flow. Regulatory and customer pressure for rapid decarbonization could require substantial additional capex or early vessel retirements. Interest costs, dividend commitments, and the limited historical visibility on multi‑year trends also add layers of uncertainty.
On balance, the available information points to a company currently operating from a position of strength, with solid financials, good liquidity, and a growing technological and environmental focus. The contracted revenue backlog provides medium‑term visibility, while ongoing deleveraging and selective fleet investments support long‑term optionality. Future performance will largely depend on how the container shipping cycle evolves, how quickly decarbonization standards tighten, and how effectively management continues to balance shareholder returns with the need for sustained reinvestment in the fleet and new technologies.

CEO
Thomas A. Lister
Compensation Summary
(Year )
Upcoming Earnings
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2019-03-25 | Reverse | 1:8 |
ETFs Holding This Stock
Summary
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Ratings Snapshot
Rating : A+
Most Recent Analyst Grades
Grade Summary
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Price Target
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