GSL Stock Analysis: Global Ship Lease | NYSE
Marine Shipping | NYSE, USA | Market Cap: 1.662m USD | 12M Return: 48.5% | MHY271836006 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 12.6M
EPS Trend: 81.3%
Qual. Beats: 2
Rev. Trend: 98.1%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Global Ship Lease, Inc. (NYSE: GSL) is a Greece-based, Athens-headquartered owner and charterer of containerships, founded in 2007 and originally listed in 2006. The company charters its vessels under fixed-rate agreements to container shipping lines worldwide, a model that locks in contracted revenue and reduces exposure to short-term freight rate swings. As of March 12, 2026, the fleet comprised 71 mid-sized and smaller containerships (2,207–11,040 TEU), with an aggregate capacity of 423,003 TEU. Global Ship Lease was formed through a 2008 corporate rebranding of Marathon Acquisition Corp., and it operates within the Marine Transportation sub-industry of the broader Industrials sector.
- Container charter rates strengthen on tight vessel supply and demand
- Debt refinancing costs pressure margins amid higher interest rate environment
- Fleet acquisitions expand TEU capacity and long-term charter coverage
| Net Income: 383.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 4.40 > 1.0 |
| NWC/Revenue: 45.74% < 20% (prev 38.94%; Δ 6.80% < -1%) |
| CFO/TA 0.17 > 3% & CFO 512.9m > Net Income 383.1m |
| Net Debt (191.8m) to EBITDA (550.4m): 0.35 < 3 |
| Current Ratio: 2.13 > 1.5 & < 3 |
| Outstanding Shares: last quarter (36.0m) vs 12m ago 1.19% < -2% |
| Gross Margin: 51.84% > 18% (prev 54.46%; Δ -2.62% > 0.5%) |
| Asset Turnover: 27.51% > 50% (prev 27.63%; Δ -0.12% > 0%) |
| Interest Coverage Ratio: 11.28 > 6 (EBIT TTM 420.4m / Interest Expense TTM 37.3m) |
| A: 0.12 (Total Current Assets 668.0m - Total Current Liabilities 314.0m) / Total Assets 2.98b |
| B: 0.42 (Retained Earnings 1.24b / Total Assets 2.98b) |
| C: 0.15 (EBIT TTM 420.4m / Avg Total Assets 2.81b) |
| D: 1.88 (Book Value of Equity 1.95b / Total Liabilities 1.04b) |
| Altman-Z'' = 5.11 = AAA |
| DSRI: 1.65 (Receivables 51.8m/29.6m, Revenue 774.0m/730.3m) |
| GMI: 1.05 (GM 54.46% / 51.84%) |
| AQI: 1.22 (AQ_t 0.07 / AQ_t-1 0.06) |
| SGI: 1.06 (Revenue 774.0m / 730.3m) |
| TATA: -0.04 (NI 383.1m - CFO 512.9m) / TA 2.98b) |
| Beneish M = -2.27 (Cap -4..+1) = BBB |
As of September 27, 2026, the stock is trading at USD 44.33 with a total of 296,645 shares traded. Over the past week, the price has changed by -3.29%, over one month by -2.14%, over three months by +18.08% and over the past year by +48.51%.
Current recommended Stop Loss: 42.90 (which is 3.2% or 1.4 ATR below the current price).
Global Ship Lease has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy GSL.
- StrongBuy: 3
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 51 | 15% |
P/E Trailing = 4.4478
P/E Forward = 3.1066
P/S = 2.1595
P/B = 0.8485
P/EG = 0.8742
Revenue TTM = 774.0m USD
EBIT TTM = 420.4m USD
EBITDA TTM = 550.4m USD
Long Term Debt = 517.3m USD (from longTermDebt, last quarter)
Short Term Debt = 154.5m USD (from shortTermDebt, last quarter)
Debt = 690.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 19.1m
Net Debt = 191.8m USD (calculated: Debt 690.8m - CCE 499.0m)
Enterprise Value = 1.85b USD (1.66b + Debt 690.8m - CCE 499.0m)
Interest Coverage Ratio = 11.28 (Ebit TTM 420.4m / Interest Expense TTM 37.3m)
EV/FCF = 6.38x (Enterprise Value 1.85b / FCF TTM 290.8m)
FCF Yield = 15.69% (FCF TTM 290.8m / Enterprise Value 1.85b)
FCF Margin = 37.58% (FCF TTM 290.8m / Revenue TTM 774.0m)
Net Margin = 49.50% (Net Income TTM 383.1m / Revenue TTM 774.0m)
Gross Margin = 51.84% ((Revenue TTM 774.0m - Cost of Revenue TTM 372.7m) / Revenue TTM)
Gross Margin QoQ = 49.21% (prev 53.65%)
Tobins Q-Ratio = 0.62 (Enterprise Value 1.85b / Total Assets 2.98b)
Interest Expense / Debt = 5.40% (Interest Expense 37.3m / Debt 690.8m)
Taxrate = 0.0% (0.0 / 383.1m)
NOPAT = 420.4m (EBIT 420.4m * (1 - 0.00%))
Current Ratio = 2.13 (Total Current Assets 668.0m / Total Current Liabilities 314.0m)
Debt / Equity = 0.35 (Debt 690.8m / totalStockholderEquity, last quarter 1.95b)
Debt / EBITDA = 0.35 (Net Debt 191.8m / EBITDA 550.4m)
Debt / FCF = 0.66 (Net Debt 191.8m / FCF TTM 290.8m)
Total Stockholder Equity = 1.84b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.62% (Net Income 383.1m / Total Assets 2.98b)
RoE = 20.88% (Net Income TTM 383.1m / Total Stockholder Equity 1.84b)
RoCE = 17.87% (EBIT 420.4m / Capital Employed (Equity 1.84b + L.T.Debt 517.3m))
RoIC = 15.10% (NOPAT 420.4m / Invested Capital 2.78b)
WACC = 7.04% (E(1.66b)/V(2.35b) * Re(7.73%) + D(690.8m)/V(2.35b) * Rd(5.40%) * (1-Tc(0.0)))
Discount Rate = 7.73% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 78.25 | Cagr: 0.50%
[DCF] Terminal Value 77.97% ; FCFF base≈231.1m ; Y1≈264.9m ; Y5≈389.8m
[DCF] Fair Price = 157.5 (EV 5.87b - Net Debt 191.8m = Equity 5.67b / Shares 36.0m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 81.27 | EPS CAGR: 5.24% | SUE: 0.90 | # QB: 2
Revenue Correlation: 98.07 | Revenue CAGR: 6.36% | SUE: 0.21 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.42 | Chg30d=-0.82% | Revisions=-40% | Analysts=2
EPS current Year (2026-12-31): EPS=9.89 | Chg30d=+0.07% | Revisions=+0% | GrowthEPS=-3.6% | GrowthRev=+0.4%
EPS next Year (2027-12-31): EPS=8.86 | Chg30d=-1.37% | Revisions=+0% | GrowthEPS=-10.3% | GrowthRev=-7.0%
[Analyst] Revisions Ratio: -22% (up=2, down=4)