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
DateValue
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%