Global Ship Lease (GSL) Interest Coverage Ratio (2009 - 2026)

Global Ship Lease's (GSL) quarterly Interest Coverage Ratio came in at 9.96 in Q1 2026, down 17.01% year-on-year from 12.0 in Q1 2025, and little changed quarter-over-quarter from 9.92 in Q4 2025.

Global Ship Lease (GSL) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Global Ship Lease's Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 9.96 for Q1 2026.

  • On a quarterly basis, Interest Coverage Ratio fell 17.01% year-over-year to 9.96 in Q1 2026; TTM through Mar 2026 was 9.28, a 7.96% increase from a year earlier, with the FY2025 full-year figure at 0.21, down 96.89% from the prior year.
  • Interest Coverage Ratio held at 9.96 in Q1 2026 per GSL's latest filing, from 9.92 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 356.51 in Q2 2025 and bottomed at 2.59 in Q1 2022.
  • The 5-year median for Interest Coverage Ratio is 6.98 (2024), against an average of 27.2.
  • Across the five-year window, Interest Coverage Ratio plunged 323.46% in 2022 and surged 5008.72% in 2025, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 5.41 in 2022, then dropped by 8.02% to 4.97 in 2023, then surged by 73.4% to 8.62 in 2024, then increased by 15.07% to 9.92 in 2025, then rose by 0.37% to 9.96 in 2026.
  • Per Business Quant, the three latest GSL Interest Coverage Ratio figures stand at 9.96 (Q1 2026), 9.92 (Q4 2025), and 8.76 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 ZIM Integrated Shipping Services 2,964,341.97 Bn 2,964,341.05 Bn 57.20 Mn 0.16
2 Danaos 2,542.12 Bn 2,541.24 Bn 203.71 Mn 9.51
3 Sfl 1,584.69 Bn 1,584.53 Bn 66.27 Mn 1.66
4 Capital Clean Energy Carriers 1,419.00 Bn 1,418.46 Bn 95.52 Mn -4.00
5 Globus Maritime 59.97 Bn 59.95 Bn 8,083.00 -0.01
6 Kirby 8.07 Bn 7.99 Bn 291.34 Mn 37.26
7 Matson 6.26 Bn 6.16 Bn - 0.15
8 Hafnia 3.73 Bn 3.62 Bn 152.41 Mn -8.49
9 Intercont (Cayman) 3.56 Bn 3.56 Bn - -
10 Global Ship Lease 1.56 Bn 1.56 Bn - 9.96

Historic Data

Download Data
DateValue
Mar 31, 2026 9.96
Dec 31, 2025 9.92
Sep 30, 2025 8.76
Jun 30, 2025 356.51
Mar 31, 2025 12.00
Dec 31, 2024 8.62
Sep 30, 2024 7.41
Jun 30, 2024 6.98
Mar 31, 2024 6.78
Dec 31, 2023 4.97
Sep 30, 2023 5.81
Jun 30, 2023 5.61
Mar 31, 2023 5.53
Dec 31, 2022 5.41
Sep 30, 2022 11.02
Jun 30, 2022 -0.35
Mar 31, 2022 -2.59
Dec 31, 2021 5.59
Sep 30, 2021 6.57
Jun 30, 2021 0.15