Global Ship Lease Key Executives
This section highlights Global Ship Lease's key executives, including their titles and compensation details.
Find Contacts at Global Ship Lease
(Showing 0 of )
Global Ship Lease Earnings
This section highlights Global Ship Lease's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-03-05 | $2.30 | $2.55 |
| Read Transcript | Q3 | 2024 | 2024-11-11 | $2.41 | $2.45 |
| Read Transcript | Q2 | 2024 | 2024-08-05 | $2.29 | $2.46 |
| Read Transcript | Q1 | 2024 | 2024-05-16 | $2.27 | $2.53 |
| Read Transcript | Q4 | 2023 | 2024-03-04 | $2.34 | $2.49 |
| Read Transcript | Q3 | 2023 | 2023-11-09 | $2.15 | $2.33 |
| Read Transcript | Q2 | 2023 | 2023-08-03 | $2.08 | $2.09 |
| Read Transcript | Q1 | 2023 | 2023-05-10 | $2.03 | $2.12 |
Global 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.
$21.23
Stock Price
$758.68M
Market Cap
7
Employees
London, None
Location
Financial Statements
Access annual & quarterly financial statements for Global Ship Lease, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $705.53M | $666.72M | $604.49M | $402.52M | $282.81M |
| Cost of Revenue | $314.78M | $294.53M | $269.90M | $204.97M | $160.96M |
| Gross Profit | $390.75M | $372.19M | $334.59M | $197.56M | $121.85M |
| Gross Profit Ratio | 55.38% | 55.82% | 55.35% | 49.08% | 43.08% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $17.13M | $18.22M | $18.53M | $13.24M | $8.35M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $17.13M | $18.22M | $18.53M | $13.24M | $8.35M |
| Other Expenses | $-5.53M | $10.75M | $42.94M | $48.24M | $1.25M |
| Operating Expenses | $11.61M | $28.97M | $18.53M | $13.24M | $8.35M |
| Cost and Expenses | $326.39M | $323.50M | $288.43M | $218.21M | $169.31M |
| Interest Income | $16.73M | $9.78M | $2.51M | $449.00K | $956.00K |
| Interest Expense | $40.68M | $44.82M | $75.29M | $69.23M | $65.35M |
| Depreciation and Amortization | $99.99M | $91.73M | $81.30M | $61.56M | $46.44M |
| EBITDA | $494.30M | $441.50M | $449.47M | $302.34M | $153.40M |
| EBITDA Ratio | 70.06% | 66.22% | 74.36% | 75.11% | 54.24% |
| Operating Income | $379.14M | $343.22M | $354.19M | $237.52M | $104.76M |
| Operating Income Ratio | 53.74% | 51.48% | 58.59% | 59.01% | 37.04% |
| Total Other Income Expenses Net | $-25.51M | $-38.27M | $-61.31M | $-65.97M | $-63.15M |
| Income Before Tax | $353.63M | $304.95M | $292.88M | $171.55M | $41.61M |
| Income Before Tax Ratio | 50.12% | 45.74% | 48.45% | 42.62% | 14.71% |
| Income Tax Expense | $1.00K | $448.00K | $-50.00K | $56.00K | $49.00K |
| Net Income | $353.63M | $304.50M | $292.93M | $171.50M | $41.56M |
| Net Income Ratio | 50.12% | 45.67% | 48.46% | 42.60% | 14.70% |
| EPS | $9.72 | $8.33 | $7.74 | $4.65 | $2.32 |
| EPS Diluted | $9.72 | $8.21 | $7.62 | $4.60 | $2.31 |
| Weighted Average Shares Outstanding | 35.41M | 35.41M | 36.60M | 35.13M | 17.94M |
| Weighted Average Shares Outstanding Diluted | 35.41M | 35.93M | 37.20M | 35.51M | 18.00M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $181.43M | $172.55M | $175.00M | $179.56M | $178.89M | $173.01M | $160.40M | $155.93M | $156.59M | $163.23M | $143.89M | $140.78M | $135.17M | $113.97M | $82.87M | $72.98M | $69.97M | $70.52M | $71.38M | $70.95M |
| Cost of Revenue | $82.33M | $77.97M | $77.11M | $77.37M | $76.74M | $76.12M | $72.26M | $69.40M | $72.78M | $66.66M | $66.82M | $63.65M | $67.65M | $55.51M | $43.38M | $38.43M | $42.15M | $39.82M | $38.46M | $40.53M |
| Gross Profit | $99.10M | $94.57M | $97.89M | $102.19M | $102.15M | $96.89M | $88.14M | $86.52M | $83.81M | $96.58M | $77.08M | $77.12M | $67.52M | $58.46M | $39.49M | $34.55M | $27.82M | $30.70M | $32.92M | $30.42M |
| Gross Profit Ratio | 54.62% | 54.81% | 55.94% | 56.91% | 57.10% | 56.00% | 54.95% | 55.49% | 53.52% | 59.17% | 53.56% | 54.78% | 49.95% | 51.30% | 47.65% | 47.34% | 39.76% | 43.53% | 46.12% | 42.87% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $4.09M | $3.90M | $4.05M | $5.09M | $4.47M | $4.25M | $4.71M | $4.79M | $4.08M | $4.16M | $2.87M | $3.86M | $3.69M | $3.42M | $1.86M | $4.27M | $1.97M | $1.62M | $2.32M | $2.44M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $4.09M | $3.90M | $4.05M | $5.09M | $4.47M | $4.25M | $4.71M | $4.79M | $4.08M | $4.16M | $2.87M | $3.86M | $3.69M | $3.42M | $1.86M | $4.27M | $1.97M | $1.62M | $2.32M | $2.44M |
| Other Expenses | $-1.00M | $-1.52M | $- | $2.81M | $2.81M | $1.22M | $1.26M | $4.95M | $9.02M | $10.33M | $10.37M | $13.23M | $19.49M | $25.36M | $549.00K | $384.00K | $915.00K | $688.00K | $-372.00K | $21.00K |
| Operating Expenses | $3.09M | $2.38M | $2.55M | $5.09M | $4.47M | $4.25M | $4.71M | $4.79M | $4.08M | $4.16M | $2.87M | $3.86M | $3.69M | $3.42M | $1.86M | $4.27M | $1.97M | $1.62M | $2.32M | $2.44M |
| Cost and Expenses | $85.42M | $80.36M | $81.16M | $82.46M | $81.21M | $80.37M | $76.97M | $74.19M | $76.86M | $70.81M | $69.69M | $67.52M | $71.33M | $58.93M | $45.24M | $42.71M | $44.12M | $41.44M | $40.78M | $42.97M |
| Interest Income | $4.20M | $4.71M | $4.14M | $3.68M | $2.88M | $2.50M | $2.58M | $1.81M | $1.32M | $680.00K | $265.00K | $250.00K | $80.00K | $5.00K | $121.00K | $243.00K | $59.00K | $66.00K | $193.00K | $638.00K |
| Interest Expense | $7.79M | $12.54M | $9.89M | $10.45M | $11.20M | $11.62M | $10.90M | $11.10M | $10.40M | $16.14M | $30.01M | $18.73M | $14.93M | $15.05M | $14.00M | $25.26M | $14.82M | $14.99M | $15.98M | $19.55M |
| Depreciation and Amortization | $30.74M | $23.45M | $26.04M | $24.27M | $24.39M | $23.98M | $22.17M | $21.18M | $20.66M | $20.52M | $20.27M | $19.85M | $19.25M | $16.80M | $11.18M | $11.88M | $11.55M | $11.40M | $11.45M | $12.03M |
| EBITDA | $131.10M | $117.13M | $122.46M | $126.37M | $103.08M | $120.67M | $110.86M | $106.93M | $106.07M | $128.61M | $107.19M | $111.15M | $102.65M | $97.20M | $57.25M | $42.78M | $38.38M | $40.99M | $40.96M | $33.08M |
| EBITDA Ratio | 72.26% | 67.89% | 69.98% | 70.38% | 57.62% | 69.74% | 69.11% | 68.58% | 67.74% | 78.79% | 74.50% | 78.96% | 75.94% | 85.29% | 69.08% | 58.62% | 54.84% | 58.12% | 57.38% | 46.63% |
| Operating Income | $96.01M | $92.19M | $93.84M | $97.10M | $97.68M | $94.16M | $85.11M | $85.10M | $85.13M | $101.72M | $84.77M | $86.12M | $82.20M | $79.64M | $45.40M | $30.27M | $25.85M | $28.83M | $29.68M | $20.40M |
| Operating Income Ratio | 52.92% | 53.43% | 53.62% | 54.08% | 54.60% | 54.42% | 53.06% | 54.58% | 54.37% | 62.32% | 58.91% | 61.17% | 60.81% | 69.88% | 54.79% | 41.48% | 36.94% | 40.89% | 41.59% | 28.75% |
| Total Other Income Expenses Net | $-3.44M | $-11.04M | $-5.81M | $-5.21M | $-11.36M | $-9.09M | $-7.33M | $-10.49M | $-10.13M | $-9.78M | $-27.85M | $-13.55M | $-13.72M | $-14.29M | $-5.56M | $-24.63M | $-13.85M | $-14.24M | $-17.07M | $-26.48M |
| Income Before Tax | $92.56M | $81.15M | $88.03M | $91.89M | $67.49M | $85.07M | $77.78M | $74.60M | $75.00M | $91.94M | $56.91M | $72.57M | $68.48M | $65.36M | $32.08M | $5.64M | $12.00M | $14.59M | $13.52M | $1.50M |
| Income Before Tax Ratio | 51.02% | 47.03% | 50.30% | 51.17% | 37.73% | 49.17% | 48.49% | 47.85% | 47.90% | 56.33% | 39.55% | 51.55% | 50.66% | 57.35% | 38.71% | 7.73% | 17.15% | 20.69% | 18.94% | 2.11% |
| Income Tax Expense | $- | $- | $1.00K | $24.23M | $443.00K | $12.83M | $5.00K | $2.79M | $10.13M | $-50.00K | $27.85M | $13.55M | $-2.00K | $58.00K | $14.55M | $25.64M | $-1.00K | $47.00K | $3.00K | $19.58M |
| Net Income | $92.56M | $81.15M | $88.03M | $91.89M | $67.05M | $85.07M | $77.78M | $74.60M | $75.00M | $92.00M | $29.06M | $72.57M | $68.48M | $65.30M | $32.08M | $5.64M | $12.00M | $14.55M | $13.52M | $1.50M |
| Net Income Ratio | 51.02% | 47.03% | 50.30% | 51.17% | 37.48% | 49.17% | 48.49% | 47.85% | 47.90% | 56.36% | 20.20% | 51.55% | 50.66% | 57.29% | 38.71% | 7.73% | 17.15% | 20.63% | 18.94% | 2.11% |
| EPS | $2.55 | $2.22 | $2.43 | $2.54 | $1.84 | $2.34 | $2.13 | $2.02 | $2.01 | $2.53 | $0.80 | $1.99 | $1.81 | $1.74 | $0.83 | $0.13 | $0.60 | $0.75 | $0.70 | $0.03 |
| EPS Diluted | $2.55 | $2.22 | $2.43 | $2.51 | $1.84 | $2.34 | $2.13 | $1.98 | $2.01 | $2.53 | $0.80 | $1.98 | $1.81 | $1.74 | $0.83 | $0.13 | $0.60 | $0.75 | $0.70 | $0.03 |
| Weighted Average Shares Outstanding | 35.41M | 35.41M | 35.17M | 35.23M | 35.20M | 35.36M | 35.38M | 35.70M | 36.07M | 36.29M | 36.29M | 36.40M | 35.89M | 36.22M | 36.28M | 31.97M | 17.90M | 17.99M | 17.99M | 17.81M |
| Weighted Average Shares Outstanding Diluted | 35.41M | 35.41M | 35.17M | 35.64M | 35.20M | 35.36M | 35.38M | 36.44M | 36.07M | 36.29M | 36.29M | 36.59M | 36.46M | 36.22M | 36.28M | 32.02M | 17.99M | 18.24M | 17.99M | 17.81M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $141.38M | $195.44M | $120.13M | $75.18M | $80.76M |
| Short Term Investments | $26.15M | $14.00M | $8.55M | $7.90M | $- |
| Cash and Short Term Investments | $167.53M | $209.44M | $128.68M | $75.18M | $80.76M |
| Net Receivables | $12.84M | $5.37M | $19.36M | $12.38M | $4.77M |
| Inventory | $18.91M | $27.41M | $12.24M | $11.41M | $6.32M |
| Other Current Assets | $101.97M | $53.45M | $63.41M | $25.76M | $5.95M |
| Total Current Assets | $301.24M | $295.68M | $237.05M | $143.36M | $98.61M |
| Property Plant Equipment Net | $1.90B | $1.68B | $1.63B | $1.69B | $1.14B |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $14.22M | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $14.22M | $- | $- |
| Long Term Investments | $- | $102.14M | $155.29M | $110.16M | $10.68M |
| Tax Assets | $- | $- | $-155.29M | $- | $- |
| Other Non-Current Assets | $168.73M | $97.66M | $226.76M | $51.64M | $22.95M |
| Total Non-Current Assets | $2.07B | $1.88B | $1.87B | $1.85B | $1.18B |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $2.37B | $2.17B | $2.11B | $1.99B | $1.27B |
| Account Payables | $12.30M | $14.90M | $19.11M | $7.91M | $9.42M |
| Short Term Debt | $145.28M | $164.89M | $224.24M | $226.99M | $76.68M |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $44.74M | $40.33M | $12.57M | $8.50M | $5.62M |
| Other Current Liabilities | $61.68M | $60.32M | $5.85M | $1.37M | $20.48M |
| Total Current Liabilities | $264.00M | $280.44M | $261.77M | $244.76M | $112.21M |
| Long Term Debt | $538.78M | $619.17M | $744.56M | $1.02B | $692.77M |
| Deferred Revenue Non-Current | $57.55M | $82.11M | $119.18M | $101.29M | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $49.43M | $5.66M | $14.22M | $-86.28M | $4.46M |
| Total Non-Current Liabilities | $645.76M | $706.95M | $877.96M | $1.04B | $697.24M |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $909.76M | $987.39M | $1.14B | $1.28B | $809.45M |
| Preferred Stock | $- | $- | $- | $- | $3.00K |
| Common Stock | $355.00K | $351.00K | $359.00K | $365.00K | $177.00K |
| Retained Earnings | $773.76M | $488.11M | $246.39M | $13.50M | $-121.79M |
| Accumulated Other Comprehensive Income Loss | $8.62M | $19.34M | $31.48M | $227.00K | $-0 |
| Other Total Stockholders Equity | $680.74M | $676.59M | $688.26M | $698.46M | $586.36M |
| Total Stockholders Equity | $1.46B | $1.18B | $966.49M | $712.55M | $464.74M |
| Total Equity | $1.46B | $1.18B | $966.49M | $712.55M | $464.74M |
| Total Liabilities and Stockholders Equity | $2.37B | $2.17B | $2.11B | $1.99B | $1.27B |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $2.37B | $2.17B | $2.11B | $1.99B | $1.27B |
| Total Investments | $26.15M | $116.14M | $8.55M | $7.90M | $10.68M |
| Total Debt | $684.06M | $812.43M | $934.39M | $1.07B | $769.46M |
| Net Debt | $542.68M | $616.99M | $814.26M | $995.27M | $688.70M |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $141.38M | $260.46M | $230.14M | $228.24M | $195.44M | $98.09M | $84.49M | $125.16M | $120.13M | $102.71M | $181.20M | $88.48M | $75.18M | $81.92M | $142.96M | $142.21M | $80.76M | $98.96M | $73.72M | $86.96M |
| Short Term Investments | $26.15M | $26.45M | $53.00M | $14.00M | $14.00M | $14.00M | $12.60M | $9.60M | $8.55M | $17.40M | $7.80M | $7.90M | $7.90M | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $167.53M | $286.91M | $283.14M | $242.24M | $209.44M | $112.09M | $97.09M | $134.76M | $128.68M | $120.11M | $189.00M | $96.39M | $75.18M | $81.92M | $142.96M | $142.21M | $80.76M | $98.96M | $73.72M | $86.96M |
| Net Receivables | $12.84M | $13.34M | $12.53M | $7.86M | $5.37M | $4.35M | $3.16M | $12.67M | $19.36M | $4.51M | $4.25M | $7.39M | $12.38M | $4.92M | $4.88M | $4.97M | $4.77M | $4.73M | $10.63M | $8.27M |
| Inventory | $18.91M | $15.76M | $15.57M | $15.24M | $27.41M | $14.11M | $13.40M | $11.54M | $12.24M | $11.55M | $11.95M | $10.98M | $11.41M | $9.26M | $6.46M | $5.98M | $6.32M | $5.42M | $6.07M | $5.99M |
| Other Current Assets | $101.97M | $103.25M | $62.03M | $65.19M | $65.10M | $71.61M | $64.43M | $58.69M | $63.41M | $80.78M | $55.99M | $53.77M | $25.76M | $49.22M | $29.47M | $17.73M | $5.95M | $14.80M | $23.76M | $13.01M |
| Total Current Assets | $301.24M | $419.25M | $373.28M | $330.54M | $295.68M | $264.37M | $223.22M | $241.45M | $237.05M | $216.95M | $261.19M | $168.53M | $143.36M | $145.32M | $183.77M | $170.89M | $98.61M | $123.91M | $114.18M | $114.23M |
| Property Plant Equipment Net | $1.90B | $1.65B | $1.65B | $1.66B | $1.68B | $1.71B | $1.72B | $1.61B | $1.63B | $1.64B | $1.66B | $1.68B | $1.69B | $1.66B | $1.24B | $1.13B | $1.14B | $1.15B | $1.16B | $1.17B |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $49.00K | $108.00K | $486.00K |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $49.00K | $108.00K | $486.00K |
| Long Term Investments | $- | $- | $80.97M | $91.49M | $102.14M | $120.32M | $145.49M | $176.55M | $155.29M | $155.81M | $137.69M | $139.74M | $110.16M | $2.55M | $5.08M | $13.61M | $- | $- | $- | $- |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $168.73M | $172.98M | $95.37M | $95.08M | $97.66M | $99.69M | $100.68M | $69.39M | $85.69M | $77.09M | $71.12M | $62.38M | $51.64M | $36.53M | $23.61M | $22.18M | $33.63M | $25.07M | $23.89M | $23.78M |
| Total Non-Current Assets | $2.07B | $1.82B | $1.83B | $1.85B | $1.88B | $1.93B | $1.97B | $1.86B | $1.87B | $1.88B | $1.87B | $1.88B | $1.85B | $1.70B | $1.27B | $1.17B | $1.18B | $1.18B | $1.18B | $1.20B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $2.37B | $2.24B | $2.20B | $2.18B | $2.17B | $2.19B | $2.19B | $2.10B | $2.11B | $2.09B | $2.13B | $2.05B | $1.99B | $1.85B | $1.45B | $1.34B | $1.27B | $1.30B | $1.30B | $1.31B |
| Account Payables | $12.30M | $22.85M | $18.40M | $13.60M | $14.90M | $19.30M | $25.81M | $22.25M | $19.11M | $19.37M | $18.51M | $12.93M | $7.91M | $15.16M | $10.81M | $10.54M | $9.42M | $9.47M | $14.87M | $10.67M |
| Short Term Debt | $145.28M | $152.52M | $173.68M | $184.93M | $193.25M | $200.63M | $204.14M | $185.37M | $224.24M | $193.62M | $273.61M | $210.77M | $226.99M | $150.72M | $106.59M | $73.48M | $76.68M | $81.31M | $81.36M | $89.84M |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $44.74M | $40.87M | $41.18M | $40.98M | $40.33M | $41.11M | $29.66M | $13.13M | $12.57M | $17.17M | $7.31M | $7.25M | $8.50M | $6.94M | $6.24M | $5.67M | $5.62M | $6.12M | $5.02M | $6.68M |
| Other Current Liabilities | $61.68M | $39.26M | $29.73M | $26.77M | $31.96M | $29.76M | $30.32M | $30.29M | $5.85M | $25.71M | $28.79M | $29.04M | $1.37M | $22.51M | $5.15M | $11.52M | $20.48M | $22.00M | $13.88M | $28.18M |
| Total Current Liabilities | $264.00M | $255.51M | $262.98M | $266.28M | $280.44M | $290.80M | $289.93M | $251.04M | $261.77M | $255.87M | $328.23M | $259.99M | $244.76M | $195.33M | $128.79M | $101.22M | $112.21M | $118.90M | $115.13M | $135.37M |
| Long Term Debt | $538.78M | $528.01M | $539.01M | $576.60M | $619.17M | $661.47M | $707.67M | $697.43M | $744.56M | $789.26M | $833.19M | $851.78M | $1.02B | $926.71M | $783.47M | $684.48M | $692.77M | $735.51M | $748.86M | $760.41M |
| Deferred Revenue Non-Current | $57.55M | $65.96M | $66.81M | $74.54M | $82.11M | $90.18M | $114.33M | $126.84M | $119.18M | $111.65M | $103.08M | $101.03M | $101.29M | $239.00K | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $49.43M | $1.14M | $2.66M | $4.16M | $5.66M | $7.18M | $8.70M | $10.38M | $14.22M | $22.65M | $31.96M | $42.52M | $-86.28M | $69.53M | $-52.89M | $3.96M | $4.46M | $4.96M | $5.47M | $5.97M |
| Total Non-Current Liabilities | $645.76M | $595.12M | $608.48M | $655.29M | $706.95M | $758.83M | $830.70M | $834.65M | $877.96M | $923.57M | $968.22M | $995.33M | $1.04B | $996.48M | $730.58M | $688.44M | $697.24M | $740.47M | $754.32M | $766.38M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $909.76M | $850.62M | $871.46M | $921.57M | $987.39M | $1.05B | $1.12B | $1.09B | $1.14B | $1.18B | $1.30B | $1.26B | $1.28B | $1.19B | $859.37M | $789.66M | $809.45M | $859.38M | $869.45M | $901.75M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $3.00K | $3.00K | $3.00K | $3.00K |
| Common Stock | $355.00K | $355.00K | $353.00K | $351.00K | $351.00K | $351.00K | $351.00K | $354.00K | $359.00K | $362.00K | $367.00K | $369.00K | $365.00K | $362.00K | $362.00K | $362.00K | $177.00K | $177.00K | $177.00K | $175.00K |
| Retained Earnings | $773.76M | $699.58M | $636.78M | $564.40M | $488.11M | $436.70M | $367.31M | $305.26M | $246.39M | $187.32M | $115.12M | $74.42M | $13.50M | $-43.36M | $-96.92M | $-117.64M | $-121.79M | $-132.55M | $-146.14M | $-158.74M |
| Accumulated Other Comprehensive Income Loss | $8.62M | $8.73M | $17.86M | $19.58M | $19.34M | $28.87M | $28.01M | $24.30M | $31.48M | $35.99M | $23.27M | $17.51M | $227.00K | $- | $- | $- | $-157.20M | $- | $- | $- |
| Other Total Stockholders Equity | $680.74M | $678.71M | $676.06M | $673.90M | $676.59M | $675.63M | $676.57M | $681.05M | $688.26M | $691.44M | $695.64M | $699.51M | $698.46M | $697.28M | $689.92M | $666.33M | $586.36M | $574.19M | $571.97M | $569.98M |
| Total Stockholders Equity | $1.46B | $1.39B | $1.33B | $1.26B | $1.18B | $1.14B | $1.07B | $1.01B | $966.49M | $915.11M | $834.40M | $791.82M | $712.55M | $654.28M | $593.37M | $549.06M | $464.74M | $441.82M | $426.02M | $411.42M |
| Total Equity | $1.46B | $1.39B | $1.33B | $1.26B | $1.18B | $1.14B | $1.07B | $1.01B | $966.49M | $915.11M | $834.40M | $791.82M | $712.55M | $654.28M | $593.37M | $549.06M | $464.74M | $441.82M | $426.02M | $411.42M |
| Total Liabilities and Stockholders Equity | $2.37B | $2.24B | $2.20B | $2.18B | $2.17B | $2.19B | $2.19B | $2.10B | $2.11B | $2.09B | $2.13B | $2.05B | $1.99B | $1.85B | $1.45B | $1.34B | $1.27B | $1.30B | $1.30B | $1.31B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $2.37B | $2.24B | $2.20B | $2.18B | $2.17B | $2.19B | $2.19B | $2.10B | $2.11B | $2.09B | $2.13B | $2.05B | $1.99B | $1.85B | $1.45B | $1.34B | $1.27B | $1.30B | $1.30B | $1.31B |
| Total Investments | $26.15M | $26.45M | $133.97M | $105.49M | $116.14M | $14.00M | $12.60M | $9.60M | $8.55M | $17.40M | $7.80M | $7.90M | $7.90M | $2.55M | $5.08M | $13.61M | $- | $- | $- | $- |
| Total Debt | $684.06M | $680.54M | $712.68M | $761.53M | $812.43M | $862.10M | $911.81M | $882.81M | $934.39M | $982.88M | $1.11B | $1.06B | $1.07B | $1.08B | $821.32M | $757.97M | $769.46M | $816.82M | $830.22M | $850.25M |
| Net Debt | $542.68M | $420.08M | $482.54M | $533.28M | $616.99M | $764.01M | $827.32M | $757.65M | $814.26M | $880.17M | $925.60M | $974.06M | $995.27M | $995.51M | $678.36M | $615.76M | $688.70M | $717.86M | $756.49M | $763.29M |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $353.63M | $304.50M | $292.93M | $171.50M | $41.56M |
| Depreciation and Amortization | $99.99M | $91.73M | $40.15M | $16.13M | $46.44M |
| Deferred Income Tax | $- | $- | $- | $-7.77M | $8.74M |
| Stock Based Compensation | $8.70M | $10.19M | $10.10M | $3.51M | $2.00M |
| Change in Working Capital | $-2.48M | $-19.20M | $-11.80M | $63.69M | $-1.66M |
| Accounts Receivables | $4.54M | $-669.00K | $-26.02M | $-33.21M | $3.13M |
| Inventory | $-3.14M | $-3.53M | $-827.00K | $-5.09M | $-721.00K |
| Accounts Payables | $16.24M | $-5.89M | $6.19M | $5.94M | $-2.21M |
| Other Working Capital | $-20.11M | $-9.11M | $8.85M | $96.05M | $-1.86M |
| Other Non Cash Items | $-29.70M | $-12.21M | $20.57M | $16.89M | $7.35M |
| Net Cash Provided by Operating Activities | $430.15M | $375.01M | $351.94M | $263.95M | $104.43M |
| Investments in Property Plant and Equipment | $-229.65M | $-152.47M | $-33.69M | $-490.86M | $-46.45M |
| Acquisitions Net | $- | $5.94M | $- | $16.51M | $6.85M |
| Purchases of Investments | $-12.15M | $-5.45M | $-650.00K | $-7.90M | $- |
| Sales Maturities of Investments | $- | $5.45M | $- | $-16.51M | $- |
| Other Investing Activities | $-12.84M | $-5.45M | $-650.00K | $24.41M | $-7.90M |
| Net Cash Used for Investing Activities | $-254.64M | $-151.98M | $-34.34M | $-474.35M | $-39.59M |
| Debt Repayment | $-132.95M | $-126.35M | $-163.25M | $259.66M | $-134.79M |
| Common Stock Issued | $445.00K | $- | $- | $67.55M | $-74.00K |
| Common Stock Repurchased | $-4.99M | $-21.97M | $-20.03M | $-10.00M | $-76.00K |
| Dividends Paid | $-67.97M | $-62.78M | $-60.03M | $-36.20M | $-4.00M |
| Other Financing Activities | $-3.12M | $-1.14M | $-17.00K | $30.67M | $18.65M |
| Net Cash Used Provided by Financing Activities | $-208.59M | $-212.24M | $-243.31M | $321.68M | $-120.21M |
| Effect of Forex Changes on Cash | $- | $36.17M | $- | $- | $- |
| Net Change in Cash | $-33.09M | $46.95M | $74.29M | $111.28M | $-55.37M |
| Cash at End of Period | $247.62M | $195.44M | $269.93M | $203.54M | $92.26M |
| Cash at Beginning of Period | $280.71M | $148.49M | $195.64M | $92.26M | $147.64M |
| Operating Cash Flow | $430.15M | $375.01M | $351.94M | $263.95M | $104.43M |
| Capital Expenditure | $-242.49M | $-152.47M | $-33.69M | $-490.86M | $-46.45M |
| Free Cash Flow | $187.65M | $222.53M | $318.25M | $-226.91M | $57.98M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $92.56M | $81.15M | $88.03M | $91.89M | $67.05M | $85.07M | $77.78M | $74.60M | $75.00M | $92.00M | $56.91M | $72.57M | $68.48M | $65.30M | $32.08M | $5.64M | $12.00M | $14.55M | $13.52M | $1.50M |
| Depreciation and Amortization | $30.74M | $23.45M | $26.04M | $24.27M | $24.39M | $22.46M | $22.17M | $17.82M | $12.22M | $20.52M | $33.13M | $7.00M | $883.00K | $16.80M | $13.14M | $11.88M | $11.55M | $11.40M | $11.45M | $12.03M |
| Deferred Income Tax | $- | $- | $- | $- | $-53.55M | $818.00K | $-372.00K | $- | $- | $- | $-1.96M | $-4.56M | $- | $- | $-7.77M | $- | $- | $244.00K | $912.00K | $7.58M |
| Stock Based Compensation | $2.12M | $2.12M | $2.16M | $2.30M | $2.50M | $2.50M | $2.50M | $2.67M | $2.22M | $2.22M | $1.05M | $1.05M | $1.21M | $151.00K | $150.00K | $1.70M | $358.00K | $358.00K | $853.00K | $429.00K |
| Change in Working Capital | $-667.00K | $17.47M | $-11.36M | $-18.66M | $-46.41M | $-9.82M | $5.87M | $-7.17M | $-1.81M | $10.32M | $4.94M | $-25.26M | $88.46M | $-16.03M | $2.03M | $-10.78M | $-3.52M | $18.29M | $-14.62M | $748.00K |
| Accounts Receivables | $1.70M | $7.33M | $-1.58M | $-2.91M | $2.84M | $-1.05M | $3.89M | $-6.36M | $-12.01M | $-7.82M | $-4.35M | $-1.83M | $-10.66M | $-16.92M | $-1.77M | $-3.87M | $1.06M | $1.87M | $390.00K | $-208.00K |
| Inventory | $-3.15M | $-186.00K | $-328.00K | $521.00K | $-1.65M | $-715.00K | $-1.85M | $693.00K | $-682.00K | $398.00K | $-968.00K | $425.00K | $-2.15M | $-2.81M | $-476.00K | $337.00K | $-901.00K | $656.00K | $-80.00K | $-396.00K |
| Accounts Payables | $5.29M | $11.09M | $5.95M | $-6.08M | $-616.00K | $5.39M | $-1.09M | $-9.58M | $8.25M | $-1.04M | $4.84M | $-5.85M | $7.11M | $1.98M | $2.92M | $-6.07M | $-4.16M | $9.67M | $-11.75M | $6.59M |
| Other Working Capital | $-4.51M | $-760.00K | $-15.40M | $-10.19M | $-46.99M | $-13.45M | $4.92M | $8.07M | $2.63M | $18.79M | $5.42M | $-18.00M | $94.15M | $1.73M | $1.36M | $-1.19M | $479.00K | $6.09M | $-3.18M | $-5.24M |
| Other Non Cash Items | $-18.92M | $-5.97M | $612.00K | $60.13M | $78.09M | $1.38M | $-457.00K | $5.11M | $5.67M | $-9.50M | $-3.26M | $1.46M | $1.35M | $-21.56M | $-8.68M | $11.45M | $1.87M | $1.53M | $2.05M | $10.65M |
| Net Cash Provided by Operating Activities | $105.84M | $118.21M | $105.47M | $100.62M | $72.07M | $102.41M | $107.49M | $93.04M | $93.31M | $115.56M | $90.82M | $52.25M | $160.38M | $44.66M | $38.72M | $19.90M | $22.27M | $46.12M | $13.25M | $25.36M |
| Investments in Property Plant and Equipment | $-217.66M | $-4.47M | $-5.89M | $-5.39M | $23.57M | $-23.95M | $-141.38M | $-10.72M | $-6.71M | $-6.18M | $-8.38M | $-12.42M | $-49.51M | $-333.26M | $-127.03M | $-3.74M | $-5.24M | $-10.85M | $-4.47M | $-28.44M |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $5.94M | $- | $- | $- | $- | $- | $- | $16.51M | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $- | $-39.00M | $- | $- | $-1.40M | $- | $-1.05M | $8.85M | $-9.60M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $-5.94M | $8.85M | $- | $100.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $-3.19M | $21.90M | $-948.00K | $- | $33.39M | $-1.40M | $-3.00M | $5.94M | $-8.85M | $-9.60M | $100.00K | $- | $1.04M | $21.64M | $16.51M | $- | $- | $2.73M | $4.12M | $- |
| Net Cash Used for Investing Activities | $-220.85M | $17.44M | $-45.84M | $-5.39M | $23.57M | $-25.34M | $-144.38M | $-5.83M | $2.14M | $-15.78M | $-8.28M | $-12.42M | $-48.47M | $-311.62M | $-110.52M | $-3.74M | $-5.24M | $-8.12M | $-354.00K | $-28.44M |
| Debt Repayment | $3.11M | $-33.99M | $-49.98M | $-52.08M | $-51.08M | $-51.00M | $28.79M | $-53.06M | $-49.98M | $-127.96M | $35.42M | $-11.08M | $-7.83M | $223.04M | $64.95M | $-18.70M | $-49.23M | $-14.68M | $-21.17M | $-49.70M |
| Common Stock Issued | $-207.00K | $652.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $9.68M | $- | $-372.00K | $67.98M | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $4.99M | $-4.99M | $-1.55M | $-3.44M | $-6.99M | $-9.99M | $-5.12M | $-9.98M | $-4.92M | $- | $-20.00K | $-9.76M | $-372.00K | $- | $- | $- | $-37.00K | $-39.00K |
| Dividends Paid | $-18.39M | $-18.35M | $-15.64M | $-15.60M | $-15.64M | $-15.68M | $-15.72M | $-15.73M | $-15.93M | $-16.24M | $-16.22M | $-11.64M | $-11.62M | $-11.74M | $-11.36M | $-1.48M | $-1.25M | $-957.00K | $-911.00K | $-879.00K |
| Other Financing Activities | $-495.00K | $-2.62M | $-4.99M | $- | $- | $- | $-1.14M | $- | $-17.00K | $-391.00K | $-10.99M | $1.72M | $-11.90M | $12.92M | $19.97M | $6.46M | $11.81M | $1.86M | $1.18M | $3.80M |
| Net Cash Used Provided by Financing Activities | $-15.98M | $-54.31M | $-65.62M | $-72.67M | $-68.27M | $-70.12M | $4.93M | $-78.78M | $-71.03M | $-154.58M | $3.29M | $-21.00M | $-21.66M | $214.45M | $74.63M | $54.26M | $-38.67M | $-13.78M | $-20.94M | $-46.82M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $7.78M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-131.00M | $81.33M | $-5.99M | $32.80M | $35.15M | $6.94M | $-31.96M | $8.43M | $24.42M | $-54.79M | $85.83M | $18.82M | $90.55M | $-52.51M | $2.83M | $70.41M | $-21.65M | $24.22M | $-8.05M | $-49.90M |
| Cash at End of Period | $247.62M | $378.62M | $297.28M | $228.24M | $195.44M | $253.34M | $246.40M | $278.36M | $269.93M | $245.51M | $300.30M | $214.47M | $203.54M | $113.00M | $165.50M | $162.68M | $92.26M | $113.91M | $89.69M | $97.73M |
| Cash at Beginning of Period | $378.62M | $297.28M | $303.27M | $195.44M | $160.29M | $246.40M | $278.36M | $269.93M | $245.51M | $300.30M | $214.47M | $195.64M | $113.00M | $165.50M | $162.68M | $92.26M | $113.91M | $89.69M | $97.73M | $147.64M |
| Operating Cash Flow | $105.84M | $118.21M | $105.47M | $100.62M | $72.07M | $102.41M | $107.49M | $93.04M | $93.31M | $115.56M | $90.82M | $52.25M | $160.38M | $44.66M | $38.72M | $19.90M | $22.27M | $46.12M | $13.25M | $25.36M |
| Capital Expenditure | $-221.15M | $-9.11M | $-6.84M | $-5.39M | $23.57M | $-23.95M | $-141.38M | $-10.72M | $-6.71M | $-6.18M | $-8.38M | $-12.42M | $-49.51M | $-333.26M | $-127.03M | $-3.74M | $-5.24M | $-10.85M | $-4.47M | $-28.44M |
| Free Cash Flow | $-115.31M | $109.10M | $98.63M | $95.23M | $95.64M | $78.46M | $-33.89M | $82.32M | $86.60M | $109.39M | $82.44M | $39.83M | $110.86M | $-288.60M | $-88.31M | $16.16M | $17.03M | $35.27M | $8.78M | $-3.08M |
Global Ship Lease Dividends
Explore Global Ship Lease's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
8.79%
Dividend Payout Ratio
19.22%
Dividend Paid & Capex Coverage Ratio
1.39x
Global Ship Lease Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.45 | $0.45 | February 24, 2025 | February 24, 2025 | March 06, 2025 | February 12, 2025 |
| $0.45 | $0.45 | November 22, 2024 | November 22, 2024 | December 04, 2024 | November 11, 2024 |
| $0.45 | $0.45 | August 23, 2024 | August 23, 2024 | September 04, 2024 | August 05, 2024 |
| $0.375 | $0.375 | May 23, 2024 | May 24, 2024 | June 03, 2024 | |
| $0.375 | $0.375 | February 21, 2024 | February 22, 2024 | March 06, 2024 | February 12, 2024 |
| $0.375 | $0.375 | November 22, 2023 | November 24, 2023 | December 04, 2023 | November 09, 2023 |
| $0.375 | $0.375 | August 22, 2023 | August 23, 2023 | September 04, 2023 | August 03, 2023 |
| $0.375 | $0.375 | May 23, 2023 | May 24, 2023 | June 02, 2023 | May 10, 2023 |
| $0.375 | $0.375 | February 21, 2023 | February 22, 2023 | March 06, 2023 | February 09, 2023 |
| $0.375 | $0.375 | November 21, 2022 | November 22, 2022 | December 02, 2022 | November 09, 2022 |
| $0.375 | $0.375 | August 22, 2022 | August 23, 2022 | September 02, 2022 | August 04, 2022 |
| $0.375 | $0.375 | May 23, 2022 | May 24, 2022 | June 02, 2022 | May 09, 2022 |
| $0.25 | $0.25 | February 18, 2022 | February 22, 2022 | March 04, 2022 | February 10, 2022 |
| $0.25 | $0.25 | November 19, 2021 | November 22, 2021 | December 02, 2021 | November 08, 2021 |
| $0.25 | $0.25 | August 20, 2021 | August 23, 2021 | September 03, 2021 | August 05, 2021 |
| $0.25 | $0.25 | May 21, 2021 | May 24, 2021 | June 03, 2021 | May 10, 2021 |
| $0.1 | $0.8 | November 12, 2015 | November 16, 2015 | November 24, 2015 | November 04, 2015 |
| $0.1 | $0.8 | August 12, 2015 | August 14, 2015 | August 24, 2015 | August 04, 2015 |
| $0.23 | $1.84 | February 18, 2009 | February 20, 2009 | March 05, 2009 | February 10, 2009 |
| $0.23 | $1.84 | November 19, 2008 | November 21, 2008 | November 28, 2008 | November 13, 2008 |
Global Ship Lease News
Read the latest news about Global Ship Lease, including recent articles, headlines, and updates.
Global Ship Lease: A Contrarian Bet On The World Trade Volumes
Global Ship Lease's strong backlog and improved balance sheet make both common and preferred shares appealing, despite potential volatility in charter rates. 2024 was a strong year with increased revenue and decreased net debt, resulting in a net profit of $92.6M and EPS of $2.54. The Series B preferred shares offer an 8.4% yield and are well covered, backed by a robust balance sheet with $1.35B in common equity.
Global Ship Lease: Combining Value And Growth
Meaningful revenue backlog continues to grow. This offers earnings visibility ahead of time and an ongoing deleveraging strategy. The company disposed of three older containerships with higher book value. GSL offers double-digit total return (thanks to dividends and buyback), low P/E, and solid FCF generation. It is a clear buy.
Global Ship Lease: A High Yield Opportunity Amid Market Turmoil
Global Ship Lease (NYSE:GSL) offers a compelling investment opportunity with a 10% yield, trading below fair value due to recent market turmoil. GSL's stable, predictable cash flow is backed by long-term contracts with top-tier counterparts, ensuring resilience amid market volatility. The company's strong financial position, with significant debt reduction and increasing dividends, highlights its commitment to shareholder returns.
Global Ship Lease (GSL) Surges 6.9%: Is This an Indication of Further Gains?
Global Ship Lease (GSL) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Global Ship Lease: Deeply Undervalued
Global Ship Lease owns a large fleet of medium-sized container ships, ensuring stable income through long-term fixed-rate agreements with cargo lines. Despite significant debt reduction, share buybacks, and increased dividends, GSL is undervalued with a P/E ratio below 2.5 and a dividend yield over 10%. GSL's financials are robust, with 2024 revenue at $711M, EBITDA at $495M, and net profit at $344M, alongside a low Debt/EBITDA ratio of 1.1x.
Global Ship Lease Files its Annual Report for 2024 on Form 20-F
ATHENS, Greece, March 18, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the "Company"), a containership charter owner, filed its Annual Report on Form 20-F for the year ended December 31, 2024 (the "Form 20-F") with the U.S. Securities and Exchange Commission (the "SEC").
Global Ship Lease Declares Quarterly Dividend on its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares
ATHENS, Greece, March 06, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that the Company's Board of Directors has declared a cash dividend of $0.546875 per depositary share, each representing a 1/100th interest in a share of its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares (the “Series B Preferred Shares”) (NYSE:GSLPrB). The dividend represents payment for the period from January 1, 2025 to March 31, 2025 and will be paid on April 1, 2025 to all Series B Preferred Shareholders of record as of March 25, 2025.
Global Ship Lease, Inc. (GSL) Q4 2024 Earnings Call Transcript
Global Ship Lease, Inc. (NYSE:GSL ) Q4 2024 Earnings Conference Call March 5, 2025 10:30 AM ET Company Participants Thomas Lister - Chief Executive Officer George Youroukos - Executive Chairman Tassos Psaropoulos - Chief Financial Officer Conference Call Participants Liam Burke - B. Riley Operator Thank you for standing by and good day everyone.
Global Ship Lease Reports Results for the Fourth Quarter of 2024
Forward contract cover locked in for 89% of 2025 days and 66% of 2026 days Annualized Dividend to increase to $2.10 per Class A Common Share ATHENS, Greece, March 05, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the “Company”, “Global Ship Lease” or “GSL”), an owner of containerships, announced today its unaudited results for the three months and year ended December 31, 2024. Full Year and Fourth Quarter of 2024 Highlights and Other Recent Developments - 4Q 2024 operating revenue of $182.4 million; full year operating revenue of $711.1 million, up 5.4% on 2023.
Global Ship Lease Announces Fourth Quarter and Full Year 2024 Earnings Release, Conference Call and Webcast
ATHENS, Greece, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that it will hold a conference call to discuss the Company's results for the fourth quarter and full year 2024 on Wednesday, March 5, 2025 at 10:30 a.m. Eastern Time. The Company will issue financial results for the fourth quarter and full year 2024 on Wednesday, March 5, 2025 before the open of market trading.
Global Ship Lease Declares Quarterly Dividend per Common Share for Fourth Quarter of 2024
ATHENS, Greece, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that the Company's Board of Directors has declared a dividend of $0.45 per Class A common share for the fourth quarter of 2024, to be paid on March 6, 2025 to shareholders of record as of February 24, 2025.
Should Value Investors Buy Global Ship Lease (GSL) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Global Ship Lease: 8%+ Yield, Still Very Undervalued
GSL offers high yield income with $1.8B in contracted revenues and a well-covered dividend yield of 8.42%. GSL's strategic focus on mid-size and smaller container ships, including high-reefer vessels, positions it well in the market. Despite recent price declines, GSL's strong earnings, declining debt leverage, and low valuations make it a speculative Buy.
Are Investors Undervaluing Global Ship Lease (GSL) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Global Ship Lease: A Solid Journey Across A Sea With Predictable Revenues
Global Ship Lease offers strong cash flow predictability with long-term contracts, high margins, and robust cash generation, making it an excellent investment opportunity. GSL's effective debt management and reduced break-even rates highlight the company's financial strength and operational efficiency. The company has secured $1.8 billion in future contracts, representing 156% of its enterprise value, ensuring profitability and safety.
Global Ship Lease: Common Shares Are Getting More Interesting Than Preferreds
GSL's preferred shares are trading at a pretty substantial premium to their $25 call value. The common shares lost 30% of their value in the past few quarters. Although (container) shipping remains very cyclical, I'm warming up again to the common shares.
Global Ship Lease Announces Agreement to Acquire Four High-Reefer ECO Containerships on Multi-Year Charters, with 10-Year Financing Committed
Addition of 4x 2015/2016-built, immediately cash-generative post-panamax vessels, purchased from non-conventional seller at a 30+% discount to open-market charter-free values, consistent with strict investment criteria and strategy of fleet renewal and selective growth
Global Ship Lease, Inc. (GSL) Q3 2024 Earnings Call Transcript
Global Ship Lease, Inc. (NYSE:GSL ) Q3 2024 Results Conference Call November 11, 2024 10:30 AM ET Company Participants Tom Lister - Chief Executive Officer Georgios Youroukos - Executive Chairman Tassos Psaropoulos - Chief Financial Officer Conference Call Participants Liam Burke - B. Riley Omar Nokta - Jefferies Climent Molins - Value Investor's Edge Operator Thank you for standing by.
Global Ship Lease Reports Results for the Third Quarter of 2024
Forward contract cover locked in for 76% of 2025 days and 49% of 2026 days, and breakevens reduced to enhance through-cycle profitability and cashflow generation, supporting annualized dividend of $1.80 while also positioning for selective fleet renewal and growth
Global Ship Lease Announces Third Quarter 2024 Earnings Release, Conference Call and Webcast
ATHENS, Greece, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE:GSL) (the “Company”), a containership charter owner, announced today that it will hold a conference call to discuss the Company's results for the third quarter 2024 on Monday, November 11, 2024 at 10:30 a.m. Eastern Time. The Company will issue financial results for the third quarter 2024 on Monday, November 11, 2024 before the open of market trading.
Similar Companies
Related Metrics
Explore detailed financial metrics and analysis for GSL.