Global Ship Lease (GSL) Gross Margin (2009 - 2024)
Global Ship Lease (GSL) posted Gross Margin of 4.92% for Q4 2024, down 2773.55% on a QoQ basis from 0.17% in Q4 2023, and down 474.0% year-over-year from 1.31% in Q1 2024.
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Global Ship Lease (GSL) Gross Margin (2009 - 2024) Analysis & Trends
Global Ship Lease has reported Gross Margin for 15 years, with the latest figure at 4.92% in Q4 2024.
- On a quarterly basis, Gross Margin fell 474.0% year-over-year to 4.92% in Q4 2024; TTM through Dec 2024 was 1.63%, a 218.0% decrease from a year earlier, with the FY2025 full-year figure at 72.81%, down 27.0% from the prior year.
- Gross Margin was 4.92% for Q4 2024 at Global Ship Lease, down from 0.17% in the prior quarter.
- The five-year high for Gross Margin was 15.13% in Q4 2021, with the low at 4.92% in Q4 2024.
- Average Gross Margin over 4 years is 2.15%, with a median of 0.81% recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 1657 bps in 2022, then surged 127 bps in 2023.
- Over 4 years, Gross Margin stood at 15.13% in 2021, then sank by 110 bps to 1.44% in 2022, then jumped by 88 bps to 0.17% in 2023, then sank by 2774 bps to 4.92% in 2024.
- The last three Gross Margin figures came in at 4.92% (Q4 2024), 0.17% (Q4 2023), and 1.44% (Q4 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | - |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 31.53% |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | - |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 99.97% |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 45.71% |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 79.33% |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 84.14% |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 14.32% |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 83.88% |
| 10 | Global Ship Lease | 793.09 Mn | 793.09 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | -4.92% |
| Dec 31, 2023 | -0.17% |
| Dec 31, 2022 | -1.44% |
| Dec 31, 2021 | 15.13% |
| Dec 31, 2019 | 19.31% |
| Sep 30, 2019 | 26.53% |
| Jun 30, 2019 | 27.18% |
| Mar 31, 2019 | 35.91% |
| Dec 31, 2018 | -3.02% |
| Sep 30, 2018 | -156.27% |
| Jun 30, 2018 | -124.12% |
| Mar 31, 2018 | -75.01% |
| Dec 31, 2017 | -54.83% |
| Sep 30, 2017 | -8.01% |
| Jun 30, 2017 | -12.07% |
| Mar 31, 2017 | -8.36% |
| Dec 31, 2016 | 92.20% |
| Sep 30, 2016 | -20.31% |
| Jun 30, 2016 | -16.87% |
| Mar 31, 2016 | -17.82% |