Global Ship Lease (GSL) Tax Rate (2009 - 2024)
Global Ship Lease (GSL) posted quarterly Tax Rate of 0.0% for Q4 2024, down 67.0% year-over-year from 0.01% in Q1 2024, and down 99.68% quarter-over-quarter from 0.67% in Q4 2023.
Global Ship Lease (GSL) Tax Rate (2009 - 2024) Analysis & Trends
Global Ship Lease's Tax Rate history runs 16 years deep, the most recent figure standing at 0.0% for Q4 2024.
- In Q4 2024, Tax Rate fell 67.0% year-over-year to 0.0%; the TTM figure through Dec 2024 stood at 0.13% (up 3.0% YoY), while the FY2024 annual figure was 0.0%, down 15.0% from the prior year.
- Tax Rate for Q4 2024 stood at 0.0%, down from 0.67% in the prior quarter.
- The five-year high for Tax Rate was 0.67% in Q4 2023, with the low at 0.32% in Q3 2020.
- The 5-year median for Tax Rate is 0.01% (2020), against an average of 0.03%.
- The sharpest annual moves came in 2023 and 2024: Tax Rate surged 80 bps in 2023, then tumbled 67 bps in 2024.
- Global Ship Lease's Tax Rate stood at 0.32% in 2020, then surged by 99 bps to 0.0% in 2021, then tumbled by 4465 bps to 0.13% in 2022, then jumped by 603 bps to 0.67% in 2023, then plunged by 100 bps to 0.0% in 2024.
- Business Quant data shows GSL's Tax Rate at 0.0% in Q4 2024, 0.67% in Q4 2023, and 0.13% in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 24.16% |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 21.05% |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | -2.13% |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -12.12% |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | - |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | - |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | - |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | - |
| 10 | Global Ship Lease | 1.56 Bn | 1.56 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.00% |
| Dec 31, 2024 | 0.00% |
| Dec 31, 2024 | 0.00% |
| Dec 31, 2023 | 0.67% |
| Dec 31, 2023 | 0.67% |
| Dec 31, 2023 | 0.67% |
| Dec 31, 2022 | -0.13% |
| Dec 31, 2022 | -0.13% |
| Dec 31, 2022 | -0.13% |
| Sep 30, 2022 | -0.05% |
| Sep 30, 2022 | -0.05% |
| Sep 30, 2022 | -0.05% |
| Dec 31, 2021 | 0.00% |
| Dec 31, 2021 | 0.00% |
| Dec 31, 2021 | 0.00% |
| Sep 30, 2021 | 0.09% |
| Sep 30, 2021 | 0.09% |
| Sep 30, 2021 | 0.09% |
| Sep 30, 2020 | -0.32% |
| Sep 30, 2020 | -0.32% |