The earnings call presented a positive outlook for Global Ship Lease with strong charter coverage, increased dividends, and solid financial health. Despite facing market volatility and limited new building opportunities, the company has outperformed the market and maintained strong operational metrics.
Company Guidance
During the Global Ship Lease Q2 2025 Earnings Conference Call, the company highlighted several key metrics and guidance. They secured nearly $400 million in additional charter coverage in the first half of the year, effectively closing out any 2025 market exposure and bringing 2026 coverage to 80%. Forward contracted revenues stood at $1.73 billion as of June 30, with an average remaining contract cover of 2.1 years. The company reported a strong cash position of $511 million, with $80 million restricted, ensuring full coverage of covenants and providing capital for opportunistic investments. Additionally, they completed an $85 million refinancing, extending their weighted average debt maturity to 4.9 years and reducing the weighted average cost of debt to 4.18%. The company also increased its annualized dividend to $2.10 per common share, providing attractive total returns to shareholders. Furthermore, Global Ship Lease's net debt-to-EBITDA ratio was reduced to 0.7x, showcasing their commitment to deleveraging and building equity value. Despite market volatility, the company remains confident in its strategic positioning, focusing on optionality, disciplined fleet renewal, and capital returns.
Strong Charter Coverage
Secured nearly $400 million of additional charter coverage in the first half of the year, closing out 2025 market exposure and bringing 2026 coverage to 80%.
Dividend Increase
Increased annualized dividend payment to $2.10 per common share, providing an attractive total return to shareholders.
Record Forward Contracted Revenue
$1.73 billion in forward contracted revenues with an average remaining contract cover of 2.1 years.
Financial Health
Gross debt decreased from a year ago, strong cash position of $511 million, and successful $85 million refinancing achieved.
Outperformance in Market
Outperformed peer group and the S&P 500 by approximately 4x this year.
Global Ship Lease (GSL) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GSL Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Aug 05, 2025
$28.09
$28.65
+1.99%
May 19, 2025
$24.15
$25.37
+5.05%
Mar 05, 2025
$20.51
$22.18
+8.14%
Nov 11, 2024
$22.72
$21.50
-5.37%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Global Ship Lease Inc (GSL) report earnings?
Global Ship Lease Inc (GSL) is schdueled to report earning on Nov 05, 2025, Before Open (Confirmed).
What is Global Ship Lease Inc (GSL) earnings time?
Global Ship Lease Inc (GSL) earnings time is at Nov 05, 2025, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.