Global Ship Lease (GSL) Net Margin (2009 - 2024)
Global Ship Lease's (GSL) quarterly Net Margin came in at 50.27% in Q1 2024, up 395.0% year-on-year from 10.16% in Q2 2023, and up 8.53% quarter-over-quarter from 46.32% in Q1 2023.
Global Ship Lease (GSL) Net Margin (2009 - 2024) Analysis & Trends
Global Ship Lease's Net Margin history runs 13 years deep, the most recent figure standing at 50.27% for Q1 2024.
- On a quarterly basis, Net Margin rose 395.0% year-over-year to 50.27% in Q1 2024; TTM through Mar 2024 was 80.83%, a 4243.0% decrease from a year earlier, with the FY2025 full-year figure at 53.09%, up 470.0% from the prior year.
- Net Margin grew to 50.27% in Q1 2024 per GSL's latest filing, from 46.32% in the prior quarter.
- Across five years, Net Margin topped out at 50.27% in Q1 2024 and bottomed at 46.32% in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,973,377.85 Bn | 2,973,376.93 Bn | 57.20 Mn | -6.18% |
| 2 | Danaos | 2,523.81 Bn | 2,522.94 Bn | 203.71 Mn | 55.35% |
| 3 | Sfl | 1,575.39 Bn | 1,575.24 Bn | 66.27 Mn | 20.42% |
| 4 | Capital Clean Energy Carriers | 1,410.00 Bn | 1,409.46 Bn | 95.52 Mn | 22.48% |
| 5 | Globus Maritime | 58.94 Bn | 58.91 Bn | 8,083.00 | 13,075.78% |
| 6 | Kirby | 7.99 Bn | 7.91 Bn | 291.34 Mn | 10.80% |
| 7 | Matson | 6.24 Bn | 6.14 Bn | - | 7.47% |
| 8 | Intercont (Cayman) | 3.95 Bn | 3.95 Bn | - | - |
| 9 | Hafnia | 3.72 Bn | 3.61 Bn | 152.41 Mn | 49.85% |
| 10 | Global Ship Lease | 1.55 Bn | 1.55 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 50.27% |
| Mar 31, 2023 | 46.32% |
| Dec 31, 2019 | 29.73% |
| Sep 30, 2019 | 42.32% |
| Jun 30, 2019 | 33.15% |
| Mar 31, 2019 | 32.20% |
| Dec 31, 2018 | -435.01% |
| Sep 30, 2018 | 93.90% |
| Jun 30, 2018 | 91.74% |
| Mar 31, 2018 | 72.65% |
| Dec 31, 2017 | -1,410.34% |
| Sep 30, 2017 | 94.01% |
| Jun 30, 2017 | 73.05% |
| Mar 31, 2017 | 73.54% |
| Dec 31, 2016 | -583.14% |
| Sep 30, 2016 | -250.79% |
| Jun 30, 2016 | 64.69% |
| Mar 31, 2016 | 48.80% |
| Dec 31, 2015 | 59.99% |
| Sep 30, 2015 | 479.90% |