Global Ship Lease (GSL) Interest Coverage Ratio (2009 - 2026)
Global Ship Lease's (GSL) Interest Coverage Ratio was 9.94 for the quarter ended Jun 30, 2026, up 3.5% from 9.60 a year earlier but down 4.7% from the prior quarter.
Global Ship Lease (GSL) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Global Ship Lease's Interest Coverage Ratio came in at 10.63, up 3.6% year-over-year; for the year ended Dec 31, 2025, it came in at 11.16, up 19.8% from the prior year.
- Interest Coverage Ratio has increased for four consecutive years.
- By year, Interest Coverage Ratio came in at 9.31 in the year ended Dec 31, 2024 (+21.6%), 7.66 in the year ended Dec 31, 2023 (+62.9%), 4.70 in the year ended Dec 31, 2022 (+37.0%) and 3.43 in the year ended Dec 31, 2021.
- Five-year quarterly Interest Coverage Ratio spans a low of 2.79 in the quarter ended Jun 30, 2022 and a high of 13.02 in the quarter ended Mar 31, 2025.
- Year over year, Interest Coverage Ratio gained in five of the last eight quarters, with growth averaging 16.0%.
- The high point for year-over-year Interest Coverage Ratio in five years was the quarter ended Mar 31, 2022 (growth of 272.9%); the low point was the quarter ended Mar 31, 2026 (a decline of 19.9%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 10.43 (quarter ended Mar 31, 2026), 11.79 (quarter ended Dec 31, 2025) and 10.40 (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 8.83 |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 7.14 |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 3.42 |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 5.71 |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 6,122.38 |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 38.62 |
| 10 | Global Ship Lease | 300.94 Mn | 300.94 Mn | - | 9.94 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.94 |
| Mar 31, 2026 | 10.43 |
| Dec 31, 2025 | 11.79 |
| Sep 30, 2025 | 10.40 |
| Jun 30, 2025 | 9.60 |
| Mar 31, 2025 | 13.02 |
| Dec 31, 2024 | 12.32 |
| Sep 30, 2024 | 7.35 |
| Jun 30, 2024 | 9.49 |
| Mar 31, 2024 | 9.29 |
| Dec 31, 2023 | 7.04 |
| Sep 30, 2023 | 8.11 |
| Jun 30, 2023 | 7.80 |
| Mar 31, 2023 | 7.66 |
| Dec 31, 2022 | 8.18 |
| Sep 30, 2022 | 6.30 |
| Jun 30, 2022 | 2.79 |
| Mar 31, 2022 | 4.47 |
| Dec 31, 2021 | 5.51 |
| Sep 30, 2021 | 5.29 |
Global Ship Lease Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=GSL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "GSL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=GSL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();