Global Ship Lease (GSL) Tax Rate (2009 - 2024)
Global Ship Lease (GSL) recorded quarterly Tax Rate of 0.0% in Q4 2024, up 290.2% quarter-over-quarter from 0.0% in Q2 2024, and up 66.0% on a YoY basis from 0.0% in Q1 2024.
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 rose 66.0% year-over-year to 0.0%; the TTM figure through Dec 2024 stood at 0.12% (up 5.0% YoY), while the FY2024 annual figure was 0.0%, down 15.0% from the prior year.
- Tax Rate was 0.0% for Q4 2024 at Global Ship Lease, up from 0.0% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 0.05% in Q3 2022 to a low of 0.66% in Q4 2023.
- Historically, Tax Rate has averaged 0.12% across 5 years, with a median of 0.01% in 2023.
- The sharpest annual moves came in 2020 and 2024: Tax Rate plunged 64 bps in 2020, then soared 66 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 0.32% in 2020, then jumped by 101 bps to 0.0% in 2021, then tumbled by 4665 bps to 0.13% in 2022, then tumbled by 392 bps to 0.66% in 2023, then jumped by 100 bps to 0.0% in 2024.
- The last three Tax Rate figures came in at 0.0% (Q4 2024), 0.0% (Q2 2024), and 0.66% (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | C3is | 744.65 Bn | 744.65 Bn | 9.11 Mn | - |
| 2 | Kirby | 7.86 Bn | 7.78 Bn | 291.34 Mn | 93.37% |
| 3 | Matson | 5.69 Bn | 5.59 Bn | - | 14.73% |
| 4 | Hafnia | 3.63 Bn | 3.52 Bn | 152.41 Mn | -2.13% |
| 5 | Star Bulk Carriers | 3.14 Bn | 3.13 Bn | 371.22 Mn | - |
| 6 | ZIM Integrated Shipping Services | 3.12 Bn | 1.01 Bn | 57.20 Mn | 12.12% |
| 7 | Costamare | 1.93 Bn | 1.42 Bn | - | - |
| 8 | Navios Maritime Partners | 1.87 Bn | 1.47 Bn | 262.01 Mn | - |
| 9 | Global Ship Lease | 1.37 Bn | 1.37 Bn | - | - |
| 10 | Capital Clean Energy Carriers | 1.33 Bn | 792.93 Mn | 78.44 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.00% |
| Dec 31, 2024 | 0.00% |
| Jun 30, 2024 | 0.00% |
| Jun 30, 2024 | 0.00% |
| Dec 31, 2023 | -0.66% |
| Dec 31, 2023 | -0.66% |
| Jun 30, 2023 | -0.01% |
| Jun 30, 2023 | -0.01% |
| Dec 31, 2022 | -0.13% |
| Dec 31, 2022 | -0.13% |
| Sep 30, 2022 | 0.05% |
| Sep 30, 2022 | 0.05% |
| Dec 31, 2021 | 0.00% |
| Dec 31, 2021 | 0.00% |
| Sep 30, 2021 | -0.09% |
| Sep 30, 2021 | -0.09% |
| Sep 30, 2020 | -0.32% |
| Sep 30, 2020 | -0.32% |
| Jun 30, 2020 | -0.02% |
| Jun 30, 2020 | -0.02% |