Global Ship Lease (GSL) | Financial Analysis & Statements

Global Ship Lease Inc. | Small-cap | Industrials

$26.73

0.72%

Global Ship Lease vs Kirby Global Ship Lease vs Matson Global Ship Lease vs Star Bulk Carriers Global Ship Lease vs BW LPG Global Ship Lease vs Danaos Global Ship Lease vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 705.5M

Gross Profit 390.7M 55.38%

Operating Income 373.6M 52.96%

Net Income 353.6M 50.12%

EPS (Diluted) $9.67

Balance Sheet Metrics

Total Assets 2.4B

Total Liabilities 909.8M

Shareholders Equity 1.5B

Debt to Equity 0.62

Cash Flow Metrics

Operating Cash Flow 420.4M

Free Cash Flow 187.7M

Revenue & Profitability Trend

Global Ship Lease Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	705.5M	666.7M	604.5M	402.5M	282.3M
Cost of Goods Sold	314.8M	294.5M	269.9M	205.0M	161.0M
Gross Profit	390.7M	372.2M	334.6M	197.6M	121.3M
Operating Expenses	17.1M	18.2M	18.5M	13.2M	8.4M
Operating Income	373.6M	354.0M	316.1M	184.3M	113.0M
Pre-tax Income	353.6M	304.9M	292.9M	171.6M	41.6M
Income Tax	1.0K	448.0K	-50.0K	56.0K	49.0K
Net Income	353.6M	304.5M	292.9M	171.5M	41.6M
EPS (Diluted)	$9.67	$8.33	$7.87	$4.48	$2.09

Income Statement Trend

Global Ship Lease Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	301.2M	295.7M	237.0M	143.4M	98.6M
Non-Current Assets	2.1B	1.9B	1.9B	1.9B	1.2B
Total Assets	2.4B	2.2B	2.1B	2.0B	1.3B
Liabilities
Current Liabilities	264.0M	280.4M	261.8M	244.8M	112.2M
Non-Current Liabilities	645.8M	707.0M	878.0M	1.0B	697.2M
Total Liabilities	909.8M	987.4M	1.1B	1.3B	809.4M
Equity
Total Shareholders Equity	1.5B	1.2B	966.5M	712.6M	464.7M

Balance Sheet Composition

Global Ship Lease Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	353.6M	304.5M	292.9M	171.5M	41.6M
Operating Cash Flow	420.4M	346.5M	333.0M	255.7M	95.7M
Investing Activities
Capital Expenditures	-229.7M	-126.9M	-3.8M	-450.5M	-35.5M
Investing Cash Flow	-241.8M	-132.4M	-4.4M	-458.4M	-35.5M
Financing Activities
Dividends Paid	-68.0M	-62.8M	-60.0M	-36.2M	-4.0M
Financing Cash Flow	-208.6M	-212.2M	-350.4M	947.5M	-184.5M
Free Cash Flow	187.7M	222.5M	318.3M	-223.7M	58.0M

Cash Flow Trend

Global Ship Lease Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 2.47

Forward P/E 2.74

Price to Book 0.59

Price to Sales 1.30

PEG Ratio 2.74

Profitability Ratios

Profit Margin 53.85%

Operating Margin 53.28%

Return on Equity 27.25%

Return on Assets 10.04%

Financial Health

Current Ratio 1.77

Debt to Equity 49.12

Beta 1.18

Per Share Data

EPS (TTM) $10.53

Book Value per Share $44.04

Revenue per Share $20.20

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
gsl	927.7M	2.47	0.59	27.25%	53.85%	49.12
Kirby	6.4B	22.50	1.94	8.96%	9.02%	0.38
Matson	3.6B	7.36	1.37	20.48%	14.72%	26.81
Star Bulk Carriers	2.0B	8.90	0.81	11.09%	18.62%	57.83
BW LPG	1.8B	6.47	1.03	17.41%	7.63%	58.91
Danaos	1.6B	3.51	0.46	14.14%	46.33%	22.04

Financial data is updated regularly. All figures are in the company's reporting currency.