Global Ship Lease (GSL) AI Stock Analysis

• Market Cap: $1.28B
• Dividend Yield: 5.93%
• Average Volume (3M): 394.43K
• Price to Earnings (P/E): 3.2
• Beta (1Y): 0.93
• Revenue Growth: 7.13%
• EPS Growth: 23.37%
• Country: US
• Employees: 7
• Sector: Industrials
• Sector Strength: 72
• Industry: Marine Shipping
• EPS (TTM): 2.62
• Shares Outstanding: 35,770,653
• 10 Day Avg. Volume: 369,244
• 30 Day Avg. Volume: 394,430
• PEG Ratio: 0.13
• Price to Book (P/B): 0.53
• Price to Sales (P/S): 1.09
• P/FCF Ratio: 4.11
• Enterprise Value/Market Cap: 1.00
• Enterprise Value/Revenue: 1.71
• Enterprise Value/Gross Profit: 3.16
• Enterprise Value/Ebitda: 2.27
• 1Y Price Target: $39.00
• Price Target Upside: 9.37% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 10.23
• Revenue Forecast (FY): $745.35M

• Rating: 81 Outperform
• Price Target: $40.00 ▲(12.17% Upside)

Global Ship Lease scores highly due to its strong financial performance, attractive valuation, and positive earnings call sentiment. The company's robust profitability, strategic revenue growth, and increased dividend enhance its appeal. However, technical indicators suggest caution due to overbought conditions, which could lead to short-term volatility.

Positive Factors

Strong Financial Position

A robust cash position and successful refinancing enhance financial stability, allowing for strategic investments and debt management.

Stable Revenue Streams

High revenue coverage through long-term contracts ensures predictable cash flows, supporting financial resilience and strategic planning.

Dividend Growth

Rising dividends reflect strong earnings and cash flow, enhancing shareholder value and signaling confidence in future performance.

Negative Factors

Geopolitical Uncertainty

Geopolitical uncertainties can disrupt operations and strategic planning, impacting long-term growth and profitability.

Freight Market Volatility

Freight market volatility poses risks to revenue stability and contract negotiations, affecting financial performance.

Red Sea Disruptions

Route disruptions increase operational costs and uncertainty, potentially impacting capacity utilization and profitability.

Global Ship Lease Business Overview & Revenue Model

Company Description

Global Ship Lease (GSL) is a leading independent owner and operator of containerships, providing essential services to the global shipping industry. The company specializes in leasing a diverse fleet of modern, fuel-efficient vessels to a range of customers, including major shipping lines. GSL operates primarily in the transportation sector, focusing on the leasing of its ships under long-term, fixed-rate charters, which helps its clients mitigate the volatility of the shipping market.

How the Company Makes Money

Global Ship Lease generates revenue primarily through the long-term charter agreements it enters into with its customers, which typically range from 3 to 12 years. The company earns income by leasing its fleet of containerships, receiving predictable and stable cash flows from these contracts. The revenue model is largely based on fixed-rate charters, which provide GSL with a consistent revenue stream, regardless of fluctuating market rates for shipping services. Additionally, GSL may benefit from operational efficiencies and cost management initiatives that enhance profitability. The company also maintains relationships with leading global shipping lines, which can lead to repeat business and new contracts, further solidifying its revenue base.

Global Ship Lease Financial Statement Overview

Summary

Global Ship Lease demonstrates strong financial performance with robust profitability and growth. The income statement shows high net profit and EBIT margins, while the balance sheet reflects a stable leverage position with strong equity returns. Cash flow metrics indicate positive trends in cash generation and conversion, positioning the company well in the marine shipping industry.

Income Statement

Global Ship Lease shows strong profitability with a high net profit margin of 53.75% and a solid EBIT margin of 59.34% in TTM. Revenue growth is positive at 2.76%, indicating steady expansion. The company's gross profit margin is robust at 54.46%, reflecting efficient cost management. Overall, the income statement reflects a healthy financial position with consistent revenue and profit growth.

Balance Sheet

The balance sheet is stable with a manageable debt-to-equity ratio of 0.46, indicating a balanced approach to leveraging. Return on equity is strong at 25.90%, showcasing effective use of equity to generate profits. The equity ratio stands at 64.37%, highlighting a solid equity base. The company has improved its leverage position over the years, reducing potential risks associated with high debt levels.

Cash Flow

Cash flow analysis reveals a positive free cash flow growth rate of 6.8% in TTM, indicating improved cash generation. The operating cash flow to net income ratio is healthy at 1.58, suggesting strong cash conversion. However, the free cash flow to net income ratio is moderate at 0.32, indicating room for improvement in cash retention. Overall, the cash flow position is stable with positive growth trends.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	750.40M	705.53M	666.72M	604.49M	402.52M	282.27M
Gross Profit	406.12M	390.75M	372.19M	334.59M	197.56M	121.31M
EBITDA	565.91M	494.30M	441.50M	449.47M	302.34M	153.94M
Net Income	406.41M	353.63M	304.50M	292.93M	171.50M	41.56M
Balance Sheet
Total Assets	2.67B	2.37B	2.17B	2.11B	1.99B	1.27B
Cash, Cash Equivalents and Short-Term Investments	489.87M	167.53M	152.64M	128.68M	75.18M	81.58M
Total Debt	725.35M	684.06M	812.43M	968.80M	1.25B	769.46M
Total Liabilities	950.88M	909.76M	987.39M	1.14B	1.28B	809.45M
Stockholders Equity	1.72B	1.46B	1.18B	966.49M	712.55M	464.74M
Cash Flow
Free Cash Flow	141.50M	187.65M	222.53M	318.25M	-223.68M	57.98M
Operating Cash Flow	440.34M	430.15M	375.01M	327.48M	247.95M	104.43M
Investing Cash Flow	-418.66M	-254.64M	-151.98M	-9.88M	-463.02M	-39.59M
Financing Cash Flow	-38.61M	-208.59M	-212.24M	-243.31M	318.45M	-120.21M

Global Ship Lease Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 35.66
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GSL, the sentiment is Positive. The current price of 35.66 is above the 20-day moving average (MA) of 33.67, above the 50-day MA of 30.95, and above the 200-day MA of 26.21, indicating a bullish trend. The MACD of 1.38 indicates Negative momentum. The RSI at 73.65 is Negative, neither overbought nor oversold. The STOCH value of 90.83 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GSL.

Global Ship Lease Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DAC	81 Outperform	$1.77B	3.85	13.16%	3.57%	3.82%	-13.73%
GSL	81 Outperform	$1.28B	3.22	26.18%	5.93%	7.13%	23.37%
CMRE	76 Outperform	$1.87B	6.20	14.98%	2.85%	-29.82%	-16.77%
NMM	76 Outperform	$1.57B	6.22	8.36%	0.37%	-1.33%	-33.66%
SBLK	67 Neutral	$2.27B	37.71	2.50%	4.15%	-13.87%	-82.48%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SFL	58 Neutral	$1.19B	―	-0.15%	12.24%	-11.10%	-101.57%

Global Ship Lease Corporate Events

Global Ship Lease Reports Strong Q3 2025 Financial Results and Dividend Increase

Global Ship Lease, Inc. reported its financial results for the third quarter and nine months ended September 30, 2025, showing significant growth in revenue and net income compared to the previous year. The company achieved a 10.7% increase in third-quarter operating revenue and a 17.5% rise in net income available to common shareholders. The company also announced a 19% increase in its annualized dividend per Class A Common Share, reflecting strong market demand and strategic forward charter coverage. Additionally, the company has secured 100% forward contract cover for 2025, 96% for 2026, and 74% for 2027, enhancing its revenue backlog to nearly $2 billion over an average of 2.5 years. The company continues to optimize its fleet and balance sheet, positioning itself well in a complex geopolitical and trade environment.

Global Ship Lease Responds to China’s Special Port Charges

On October 15, 2025, Global Ship Lease issued a statement in response to the Implementation Measures on the Special Port Charges for U.S. Vessels by China’s Ministry of Transport. The company clarified that it is not owned, operated, or controlled by any U.S. entity and that none of its vessels are U.S.-flagged or built. This announcement aims to address concerns regarding the company’s operations and ownership structure, potentially impacting its stakeholders and market positioning.

Global Ship Lease Renews ATM Offering Programs for Common and Preferred Shares

On September 23, 2025, Global Ship Lease, Inc. renewed its ‘at the market’ (ATM) offering programs for both its Class A common shares and its depositary shares representing Series B Preferred Stock. The Common Share ATM Program allows the company to offer and sell up to $100 million of its common shares, while the Preferred Share ATM Program permits sales of up to $150 million of its depositary shares. These renewals replace prior programs that expired on September 16, 2025, with minimal sales executed under the previous arrangements. This strategic move aims to provide the company with financial flexibility and potentially strengthen its market position.

Global Ship Lease Declares Quarterly Dividend for Series B Preferred Shares

On September 10, 2025, Global Ship Lease announced a quarterly cash dividend of $0.546875 per depositary share for its 8.75% Series B Cumulative Redeemable Perpetual Preferred Shares. This dividend covers the period from July 1, 2025, to September 30, 2025, and will be paid on October 1, 2025, to shareholders of record as of September 24, 2025. This announcement underscores the company’s commitment to providing returns to its investors and may positively impact its market positioning by reinforcing investor confidence.