Global Ship Lease (GSL) Interest Coverage Ratio (2009 - 2026)
Global Ship Lease (GSL) posted Interest Coverage Ratio of 9.94 for Q2 2026, down 15.67% on a QoQ basis from 11.79 in Q4 2025, and up 3.54% year-over-year from 9.6 in Q2 2025.
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Analysis
Global Ship Lease (GSL) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Global Ship Lease has reported Interest Coverage Ratio for 18 years, with the latest figure at 9.94 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio rose 3.54% year-over-year to 9.94 in Q2 2026; TTM through Jun 2026 was 10.77, a 2.92% increase from a year earlier, with the FY2025 full-year figure at 11.17, up 19.84% from the prior year.
- Interest Coverage Ratio was 9.94 for Q2 2026 at Global Ship Lease, down from 11.79 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 12.32 in Q4 2024, with the low at 4.28 in Q1 2022.
- Average Interest Coverage Ratio over 5 years is 6.98, with a median of 8.89 recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio decreased 13.96% in 2023, then soared 75.0% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 8.18 in 2022, then decreased by 13.96% to 7.04 in 2023, then jumped by 75.0% to 12.32 in 2024, then decreased by 4.29% to 11.79 in 2025, then fell by 15.67% to 9.94 in 2026.
- The last three Interest Coverage Ratio figures came in at 9.94 (Q2 2026), 11.79 (Q4 2025), and 9.6 (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 19.06 |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 11.15 |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 99.31 |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 28.53 |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 27.49 |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 5.52 |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 11.03 |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 1.34 |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 12.46 |
| 10 | Global Ship Lease | 793.09 Mn | 793.09 Mn | - | 9.94 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.94 |
| Dec 31, 2025 | 11.79 |
| Jun 30, 2025 | 9.60 |
| Dec 31, 2024 | 12.32 |
| Dec 31, 2023 | 7.04 |
| Dec 31, 2022 | 8.18 |
| Jun 30, 2022 | 1.22 |
| Mar 31, 2022 | -4.28 |
| Dec 31, 2021 | 5.51 |
| Sep 30, 2020 | -0.33 |
| Jun 30, 2020 | 1.86 |
| Dec 31, 2019 | 1.48 |
| Sep 30, 2019 | -1.56 |
| Jun 30, 2019 | 1.43 |
| Mar 31, 2019 | -1.49 |
| Dec 31, 2018 | -3.48 |
| Sep 30, 2018 | -1.39 |
| Jun 30, 2018 | -1.42 |
| Mar 31, 2018 | -1.44 |
| Dec 31, 2017 | 2.67 |