Global Ship Lease (GSL) Gross Margin (2009 - 2019)
Global Ship Lease (GSL) posted quarterly Gross Margin of 19.31% for Q4 2019, up 2233.0% year-over-year from 0.83% in Q4 2018, and down 27.2% quarter-over-quarter from 26.53% in Q3 2019.
Global Ship Lease (GSL) Gross Margin (2009 - 2019) Analysis & Trends
Global Ship Lease's Gross Margin history runs 11 years deep, the most recent figure standing at 19.31% for Q4 2019.
- In Q4 2019, Gross Margin rose 2233.0% year-over-year to 19.31%; the TTM figure through Dec 2019 stood at 27.49% (up 8147.0% YoY), while the FY2019 annual figure was 70.16%, up 787.0% from the prior year.
- Gross Margin for Q4 2019 stood at 19.31%, down from 26.53% in the prior quarter.
- The five-year high for Gross Margin was 95.76% in Q4 2016, with the low at 156.27% in Q3 2018.
- The 5-year median for Gross Margin is 12.94% (2015), against an average of 17.0%.
- The sharpest annual moves came in 2017 and 2019: Gross Margin slumped 15060 bps in 2017, then jumped 18280 bps in 2019.
- Global Ship Lease's Gross Margin stood at 13.82% in 2015, then jumped by 793 bps to 95.76% in 2016, then slumped by 157 bps to 54.83% in 2017, then surged by 94 bps to 3.02% in 2018, then surged by 740 bps to 19.31% in 2019.
- Business Quant data shows GSL's Gross Margin at 19.31% in Q4 2019, 26.53% in Q3 2019, and 27.18% in Q2 2019.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.46 Bn | 7.42 Bn | 290.80 Mn | 31.53% |
| 2 | Matson | 6.58 Bn | 6.46 Bn | - | - |
| 3 | Hafnia | 3.91 Bn | 3.80 Bn | 152.41 Mn | 67.88% |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.55 Bn | 57.20 Mn | 4.10% |
| 5 | Star Bulk Carriers | 3.37 Bn | 2.87 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 79.34% |
| 7 | Okeanis Eco Tankers | 2.45 Bn | 2.23 Bn | 12,231.53 Bn | 2,501,247.17% |
| 8 | Navios Maritime Partners | 2.38 Bn | 1.97 Bn | 326.09 Mn | 91.34% |
| 9 | Costamare | 1.81 Bn | 1.51 Bn | 185.32 Mn | 92.31% |
| 10 | Global Ship Lease | 1.56 Bn | 1.56 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 95.76% |
| Sep 30, 2016 | -20.30% |
| Jun 30, 2016 | -16.87% |
| Mar 31, 2016 | -17.82% |
| Dec 31, 2015 | -13.82% |
| Sep 30, 2015 | -43.96% |
| Jun 30, 2015 | -57.25% |
| Mar 31, 2015 | 67.02% |