Global Ship Lease (GSL) Gross Margin (2009 - 2019)
Global Ship Lease's (GSL) quarterly Gross Margin came in at 26.53% in Q3 2019, up 18280.0% year-on-year from N/an in Q3 2018, and down 2.4% quarter-over-quarter from 27.18% in Q2 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 26.53% for Q3 2019.
- On a quarterly basis, Gross Margin rose 18280.0% year-over-year to 26.53% in Q3 2019; TTM through Sep 2019 was 24.52%, a 11858.0% increase from a year earlier, with the FY2018 full-year figure at 62.3%, down 454.0% from the prior year.
- Gross Margin fell to 26.53% in Q3 2019 per GSL's latest filing, from 27.18% in the prior quarter.
- Across five years, Gross Margin topped out at 95.76% in Q4 2016 and bottomed at 156.27% in Q3 2018.
- The 5-year median for Gross Margin is 13.82% (2015), against an average of 18.91%.
- Across the five-year window, Gross Margin tumbled 15060 bps in 2017 and jumped 18280 bps in 2019, its largest moves.
- Year by year, Gross Margin stood at 13.82% in 2015, then surged by 793 bps to 95.76% in 2016, then sank by 157 bps to 54.83% in 2017, then soared by 94 bps to 3.02% in 2018, then jumped by 979 bps to 26.53% in 2019.
- Per Business Quant, the three latest GSL Gross Margin figures stand at 26.53% (Q3 2019), 27.18% (Q2 2019), and 35.91% (Q1 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,964,341.97 Bn | 2,964,341.05 Bn | 57.20 Mn | 4.10% |
| 2 | Danaos | 2,542.12 Bn | 2,541.24 Bn | 203.71 Mn | 80.30% |
| 3 | Sfl | 1,584.69 Bn | 1,584.53 Bn | 66.27 Mn | 49.51% |
| 4 | Capital Clean Energy Carriers | 1,419.00 Bn | 1,418.46 Bn | 95.52 Mn | 97.46% |
| 5 | Globus Maritime | 59.97 Bn | 59.95 Bn | 8,083.00 | 65.99% |
| 6 | Kirby | 8.07 Bn | 7.99 Bn | 291.34 Mn | 34.20% |
| 7 | Matson | 6.26 Bn | 6.16 Bn | - | - |
| 8 | Hafnia | 3.73 Bn | 3.62 Bn | 152.41 Mn | 67.88% |
| 9 | Intercont (Cayman) | 3.56 Bn | 3.56 Bn | - | - |
| 10 | Global Ship Lease | 1.56 Bn | 1.56 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -20.31% |
| 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% |
| Dec 31, 2014 | 65.80% |