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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	747.04	705.53	666.72	604.49	402.52	282.27
Revenue Growth (YoY)	6.50%	5.82%	10.29%	50.17%	42.60%	7.31%
Cost of Revenue	227.25	214.79	202.8	188.6	143.4	113.99
Gross Profit	519.8	490.74	463.91	415.89	259.12	168.29
Selling, General & Admin	16.51	17.13	18.22	18.53	13.24	8.35
Other Operating Expenses	-10.89	-5.53	-8.08	-41.16	-45.43	-0.54
Operating Expenses	122.66	111.6	101.86	58.67	29.37	54.79
Operating Income	397.14	379.14	362.05	357.22	229.75	113.5
Interest Expense	-33.32	-33.45	-23.21	-75.29	-63.46	-65.35
Interest & Investment Income	17.51	16.74	9.78	2.51	0.45	0.96
Other Non Operating Income (Expenses)	1.23	-1.57	-3.22	11.47	2.81	1.25
EBT Excluding Unusual Items	382.56	360.86	345.4	295.91	169.55	50.35
Gain (Loss) on Sale of Assets	28.33	-	-	-	7.77	-0.24
Asset Writedown	-	-	-18.83	-3.03	-	-8.5
Other Unusual Items	-4.48	-7.23	-21.62	-	-5.76	-
Pretax Income	406.41	353.63	304.95	292.88	171.55	41.61
Income Tax Expense	-	0	0.45	-0.05	0.06	0.05
Net Income	406.41	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	396.88	344.09	294.96	283.39	163.23	21.69
Net Income Growth	23.86%	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)	0.76%	-0.98%	-3.43%	4.78%	100.02%	49.09%
EPS (Basic)	11.15	9.74	8.33	7.74	4.65	1.23
EPS (Diluted)	11.07	9.67	8.21	7.62	4.60	1.22
EPS Growth	23.53%	17.78%	7.74%	65.65%	277.05%	-17.57%
Free Cash Flow	142.24	187.65	222.54	318.25	-223.68	72.74
Free Cash Flow Per Share	3.97	5.27	6.19	8.55	-6.30	4.10
Dividend Per Share	2.125	1.725	1.500	1.500	1.000	-
Dividend Growth	28.79%	15.00%	-	50.00%	-	-
Gross Margin	69.58%	69.56%	69.58%	68.80%	64.37%	59.62%
Operating Margin	53.16%	53.74%	54.30%	59.09%	57.08%	40.21%
Profit Margin	53.13%	48.77%	44.24%	46.88%	40.55%	7.68%
Free Cash Flow Margin	19.04%	26.60%	33.38%	52.65%	-55.57%	25.77%
EBITDA	479	449.32	426.41	384.29	236.88	154.12
EBITDA Margin	64.12%	63.69%	63.96%	63.57%	58.85%	54.60%
D&A For EBITDA	81.86	70.18	64.36	27.07	7.13	40.62
EBIT	397.14	379.14	362.05	357.22	229.75	113.5
EBIT Margin	53.16%	53.74%	54.30%	59.09%	57.08%	40.21%
Effective Tax Rate	-	0.00%	0.15%	-	0.03%	0.12%
Revenue as Reported	757.94	711.06	674.8	645.65	447.95	282.81

Updated Nov 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q