Global Ship Lease (GSL) Tax Rate (2009 - 2024)
Global Ship Lease's (GSL) quarterly Tax Rate came in at 0.0% in Q4 2024, up 66.0% year-on-year from 0.0% in Q1 2024, and up 100.33% quarter-over-quarter from 0.66% 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.
- On a quarterly basis, Tax Rate rose 66.0% year-over-year to 0.0% in Q4 2024; TTM through Dec 2024 was 0.12%, a 4.0% increase from a year earlier, with the FY2024 full-year figure at 0.0%, down 15.0% from the prior year.
- Tax Rate climbed to 0.0% in Q4 2024 per GSL's latest filing, from 0.66% in the prior quarter.
- Across five years, Tax Rate topped out at 0.05% in Q3 2022 and bottomed at 0.66% in Q4 2023.
- The 5-year median for Tax Rate is 0.06% (2021), against an average of 0.15%.
- Across the five-year window, Tax Rate plunged 64 bps in 2020 and surged 66 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 0.32% in 2020, then jumped by 101 bps to 0.0% in 2021, then sank by 4665 bps to 0.13% in 2022, then sank by 392 bps to 0.66% in 2023, then jumped by 100 bps to 0.0% in 2024.
- Per Business Quant, the three latest GSL Tax Rate figures stand at 0.0% (Q4 2024), 0.66% (Q4 2023), and 0.13% (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 3,084,216.90 Bn | 3,084,215.99 Bn | 57.20 Mn | -12.12% |
| 2 | Danaos | 37,407.52 Bn | 37,406.64 Bn | 203.71 Mn | - |
| 3 | Sfl | 1,574.06 Bn | 1,573.91 Bn | 66.27 Mn | -2.36% |
| 4 | Capital Clean Energy Carriers | 37.96 Bn | 37.42 Bn | 95.52 Mn | - |
| 5 | Kirby | 9.76 Bn | 9.69 Bn | 291.34 Mn | 25.90% |
| 6 | Matson | 6.49 Bn | 6.39 Bn | - | 16.64% |
| 7 | C3is | 5.03 Bn | 5.03 Bn | 10.51 Mn | - |
| 8 | Hafnia | 3.79 Bn | 3.79 Bn | 152.41 Mn | -2.13% |
| 9 | Intercont (Cayman) | 3.29 Bn | 3.29 Bn | - | - |
| 10 | Global Ship Lease | 1.55 Bn | 1.55 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 | -0.66% |
| Dec 31, 2023 | -0.66% |
| Dec 31, 2023 | -0.66% |
| 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% |