Global Ship Lease, Inc. (GSL)

Global Ship Lease Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	730.28	705.53	666.72	604.49	402.52	282.27
Revenue Growth (YoY)	4.04%	5.82%	10.29%	50.17%	42.60%	7.31%
Cost of Revenue	221.25	214.79	202.8	188.6	143.4	113.99
Gross Profit	509.03	490.74	463.91	415.89	259.12	168.29
Selling, General & Admin	16.67	17.13	18.22	18.53	13.24	8.35
Other Operating Expenses	-9.05	-5.53	-8.08	-41.16	-45.43	-0.54
Operating Expenses	118.92	111.6	101.86	58.67	29.37	54.79
Operating Income	390.12	379.14	362.05	357.22	229.75	113.5
Interest Expense	-33.57	-33.45	-23.21	-75.29	-63.46	-65.35
Interest & Investment Income	16.78	16.74	9.78	2.51	0.45	0.96
Other Non Operating Income (Expenses)	-1.9	-1.57	-3.22	11.47	2.81	1.25
EBT Excluding Unusual Items	371.43	360.86	345.4	295.91	169.55	50.35
Gain (Loss) on Sale of Assets	28.34	-	-	-	7.77	-0.24
Asset Writedown	-	-	-18.83	-3.03	-	-8.5
Other Unusual Items	-7.23	-7.23	-21.62	-	-5.76	-
Pretax Income	392.54	353.63	304.95	292.88	171.55	41.61
Income Tax Expense	-	0	0.45	-0.05	0.06	0.05
Net Income	392.54	353.63	304.5	292.93	171.5	41.56
Preferred Dividends & Other Adjustments	9.54	9.54	9.54	9.54	8.26	19.88
Net Income to Common	383.01	344.09	294.96	283.39	163.23	21.69
Net Income Growth	18.22%	16.13%	3.95%	70.81%	312.62%	4.33%
Shares Outstanding (Basic)	36	35	35	37	35	18
Shares Outstanding (Diluted)	36	36	36	37	36	18
Shares Change (YoY)	-0.12%	-0.98%	-3.43%	4.78%	100.02%	49.09%
EPS (Basic)	10.78	9.74	8.33	7.74	4.65	1.23
EPS (Diluted)	10.76	9.67	8.21	7.62	4.60	1.22
EPS Growth	19.05%	17.78%	7.74%	65.65%	277.05%	-17.57%
Free Cash Flow	142.15	187.65	222.54	318.25	-223.68	72.74
Free Cash Flow Per Share	3.99	5.27	6.19	8.55	-6.30	4.10
Dividend Per Share	1.950	1.725	1.500	1.500	1.000	-
Dividend Growth	23.81%	15.00%	-	50.00%	-	-
Gross Margin	69.70%	69.56%	69.58%	68.80%	64.37%	59.62%
Operating Margin	53.42%	53.74%	54.30%	59.09%	57.08%	40.21%
Profit Margin	52.45%	48.77%	44.24%	46.88%	40.55%	7.68%
Free Cash Flow Margin	19.46%	26.60%	33.38%	52.65%	-55.57%	25.77%
EBITDA	468.08	449.32	426.41	384.29	236.88	154.12
EBITDA Margin	64.10%	63.69%	63.96%	63.57%	58.85%	54.60%
D&A For EBITDA	77.96	70.18	64.36	27.07	7.13	40.62
EBIT	390.12	379.14	362.05	357.22	229.75	113.5
EBIT Margin	53.42%	53.74%	54.30%	59.09%	57.08%	40.21%
Effective Tax Rate	-	0.00%	0.15%	-	0.03%	0.12%
Revenue as Reported	739.33	711.06	674.8	645.65	447.95	282.81

Updated Aug 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q