Global Ship Lease (GSL) Operating Margin (2009 - 2026)
Global Ship Lease (GSL) posted Operating Margin of 47.24% for Q2 2026, down 3.94% on a QoQ basis from 49.18% in Q1 2026, and down 580.0% year-over-year from 9.84% in Q2 2025.
Analysis
Global Ship Lease (GSL) Operating Margin (2009 - 2026) Analysis & Trends
Global Ship Lease has reported Operating Margin for 18 years, with the latest figure at 47.24% in Q2 2026.
- On a quarterly basis, Operating Margin fell 580.0% year-over-year to 47.24% in Q2 2026; TTM through Jun 2026 was 50.76%, a 584.0% decrease from a year earlier, with the FY2025 full-year figure at 56.78%, up 347.0% from the prior year.
- Operating Margin was 47.24% for Q2 2026 at Global Ship Lease, down from 49.18% in the prior quarter.
- The five-year high for Operating Margin was 67.29% in Q1 2025, with the low at 44.08% in Q4 2023.
- Average Operating Margin over 5 years is 53.33%, with a median of 53.23% recorded in 2023.
- The sharpest annual moves came in 2025 and 2026: Operating Margin soared 1321 bps in 2025, then slumped 1810 bps in 2026.
- Over 5 years, Operating Margin stood at 51.59% in 2022, then retreated by 15 bps to 44.08% in 2023, then grew by 19 bps to 52.63% in 2024, then climbed by 5 bps to 55.33% in 2025, then decreased by 15 bps to 47.24% in 2026.
- The last three Operating Margin figures came in at 47.24% (Q2 2026), 49.18% (Q1 2026), and 55.33% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 71.19% |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 13.27% |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 16.39% |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 64.49% |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 34.33% |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 71.23% |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 97.45% |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 8.10% |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 43.38% |
| 10 | Global Ship Lease | 793.09 Mn | 793.09 Mn | - | 47.24% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.24% |
| Mar 31, 2026 | 49.18% |
| Dec 31, 2025 | 55.33% |
| Sep 30, 2025 | 51.49% |
| Jun 30, 2025 | 53.04% |
| Mar 31, 2025 | 67.29% |
| Dec 31, 2024 | 52.63% |
| Sep 30, 2024 | 52.96% |
| Jun 30, 2024 | 53.62% |
| Mar 31, 2024 | 54.08% |
| Dec 31, 2023 | 44.08% |
| Sep 30, 2023 | 53.95% |
| Jun 30, 2023 | 52.51% |
| Mar 31, 2023 | 53.42% |
| Dec 31, 2022 | 51.59% |
| Sep 30, 2022 | 58.96% |
| Jun 30, 2022 | 54.12% |
| Mar 31, 2022 | 54.51% |
| Dec 31, 2021 | 53.54% |
| Sep 30, 2021 | 57.47% |