Global Ship Lease GSL
NYSE GSL
$44.70 -1.70 (-3.66%)
As of: Sep 8, 2026 · 3:59 PM EDT

Global Ship Lease (GSL) Tax Rate (2009 - 2023)

Global Ship Lease (GSL) posted Tax Rate of 0.66% for Q4 2023, down 884.63% on a QoQ basis from 0.07% in Q4 2022, and down 59.0% year-over-year from 1.6% in Q4 2022.

Analysis

Global Ship Lease (GSL) Tax Rate (2009 - 2023) Analysis & Trends

Global Ship Lease has reported Tax Rate for 15 years, with the latest figure at 0.66% in Q4 2023.

  • On a quarterly basis, Tax Rate fell 59.0% year-over-year to 0.66% in Q4 2023; TTM through Dec 2024 was 0.13%, a 2.0% increase from a year earlier, with the FY2024 full-year figure at 0.0%, up 13.0% from the prior year.
  • Tax Rate was 0.66% for Q4 2023 at Global Ship Lease, down from 0.07% in the prior quarter.
  • The five-year high for Tax Rate was 0.62% in Q2 2019, with the low at 0.66% in Q4 2023.
  • Average Tax Rate over 5 years is 0.13%, with a median of 0.12% recorded in 2021.
  • The sharpest annual moves came in 2019 and 2020: Tax Rate surged 126 bps in 2019, then tumbled 64 bps in 2020.
  • Over 5 years, Tax Rate stood at 0.49% in 2019, then soared by 34 bps to 0.32% in 2020, then jumped by 55 bps to 0.15% in 2021, then surged by 54 bps to 0.07% in 2022, then slumped by 885 bps to 0.66% in 2023.
  • The last three Tax Rate figures came in at 0.66% (Q4 2023), 0.07% (Q4 2022), and 0.05% (Q3 2022), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Frontline 10.35 Bn 10.03 Bn - -0.08%
2 Kirby 7.39 Bn 7.35 Bn 290.80 Mn 24.16%
3 Matson 6.76 Bn 6.64 Bn - 21.05%
4 International Seaways 5.13 Bn 5.13 Bn 467.16 Mn 0.00%
5 Hafnia 4.45 Bn 4.17 Bn 372.91 Mn -0.51%
6 Cmb.Tech 4.42 Bn 4.26 Bn 970.62 Mn -0.27%
7 Scorpio Tankers 3.80 Bn 1.97 Bn 343.91 Mn -
8 ZIM Integrated Shipping Services 3.60 Bn 2.57 Bn 255.00 Mn 5.60%
9 Star Bulk Carriers 3.56 Bn 3.00 Bn 299.80 Mn -
10 Global Ship Lease 793.09 Mn 793.09 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2023 -0.66%
Dec 31, 2022 -0.07%
Sep 30, 2022 0.05%
Dec 31, 2021 -0.15%
Sep 30, 2021 -0.09%
Sep 30, 2020 -0.32%
Jun 30, 2020 -0.02%
Dec 31, 2019 -0.49%
Jun 30, 2019 0.62%
Mar 31, 2019 -0.15%
Dec 31, 2018 -0.01%
Sep 30, 2018 -0.28%
Jun 30, 2018 -0.64%
Mar 31, 2018 -0.30%
Dec 31, 2017 0.01%
Sep 30, 2017 -0.16%
Jun 30, 2017 -0.08%
Mar 31, 2017 -0.13%
Dec 31, 2016 0.03%
Sep 30, 2016 0.07%