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
DateValue
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%