Global Ship Lease (GSL) AI Stock Analysis

• Market Cap: $993.71M
• Dividend Yield: 6.87%
• Average Volume (3M): 311.80K
• Price to Earnings (P/E): 2.6
• Beta (1Y): 0.86
• Revenue Growth: 4.43%
• EPS Growth: 17.82%
• 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: 317,563
• 30 Day Avg. Volume: 311,801
• 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: 1.23
• Enterprise Value/Revenue: 1.66
• Enterprise Value/Gross Profit: 3.04
• Enterprise Value/Ebitda: 2.23
• 1Y Price Target: $42.00
• Price Target Upside: 47.89% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 75 Outperform
• Price Target: $31.00 ▲(9.15% Upside)

Global Ship Lease's strong financial performance and attractive valuation are significant strengths, supported by a positive earnings call that highlights strategic positioning and financial health. However, the technical analysis indicates bearish momentum, which tempers the overall score. The company's ability to maintain its financial trajectory amidst market volatility will be crucial for future performance.

Global Ship Lease Business Overview & Revenue Model

Company Description

Global Ship Lease (GSL) is a leading independent owner and operator of containerships, providing critical asset-based services in the global shipping industry. The company specializes in the leasing of its fleet of modern, high-quality containerships to a diverse range of charterers, including major shipping lines. GSL operates in the maritime sector, focusing on long-term charters that provide stable cash flows and support the increasing demand for container shipping services worldwide.

How the Company Makes Money

Global Ship Lease generates revenue primarily through long-term charters of its containership fleet to various shipping companies. The company earns money by leasing its vessels, which are often chartered on multi-year contracts, providing predictable and stable cash flows. Key revenue streams include fixed monthly charter rates and additional revenue from service agreements related to vessel management. The company benefits from strategic partnerships with leading shipping lines, which enhance its market presence and allow for consistent utilization of its fleet. Additionally, the demand for container shipping, driven by global trade growth and e-commerce, serves as a significant factor contributing to GSL's earnings.

Global Ship Lease Financial Statement Overview

Summary

Global Ship Lease demonstrates strong financial health with robust profitability and improved leverage. The company has managed to grow its revenue and maintain high margins, which is commendable in the marine shipping industry. While cash flow generation is solid, the company should focus on sustaining free cash flow growth to support long-term investments and reduce potential risks associated with high leverage.

Income Statement

Global Ship Lease shows strong profitability with a high net profit margin of 53.73% in TTM, supported by consistent revenue growth. The gross profit margin remains robust, indicating effective cost management. EBIT and EBITDA margins are also healthy, reflecting operational efficiency. However, the revenue growth rate has slowed compared to previous years, which could be a concern if the trend continues.

Balance Sheet

The company has improved its debt-to-equity ratio to 0.49 in TTM, indicating better leverage management compared to previous years. Return on equity is strong at 26.79%, showcasing effective use of equity capital. The equity ratio is stable, reflecting a balanced capital structure. However, the industry remains capital-intensive, and any increase in debt could pose risks.

Cash Flow

Operating cash flow is strong, with a healthy ratio to net income, indicating good cash generation from operations. Free cash flow growth has rebounded positively in TTM, although the free cash flow to net income ratio is moderate at 0.29. The company needs to maintain this positive trend to ensure liquidity and fund future growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	733.60M	705.53M	666.72M	604.49M	402.52M	282.81M
Gross Profit	401.05M	390.75M	372.19M	334.59M	197.56M	121.85M
EBITDA	547.75M	494.30M	441.50M	449.47M	302.34M	153.40M
Net Income	392.54M	353.63M	304.50M	292.93M	171.50M	41.56M
Balance Sheet
Total Assets	2.64B	2.37B	2.17B	2.11B	1.99B	1.27B
Cash, Cash Equivalents and Short-Term Investments	464.59M	167.53M	209.44M	128.68M	75.18M	80.76M
Total Debt	761.52M	684.06M	812.43M	934.39M	1.07B	769.46M
Total Liabilities	1.00B	909.76M	987.39M	1.14B	1.28B	809.45M
Stockholders Equity	1.64B	1.46B	1.18B	966.49M	712.55M	464.74M
Cash Flow
Free Cash Flow	141.97M	187.65M	222.53M	318.25M	-226.91M	57.98M
Operating Cash Flow	445.92M	430.15M	375.01M	351.94M	263.95M	104.43M
Investing Cash Flow	-212.47M	-254.64M	-151.98M	-34.34M	-474.35M	-39.59M
Financing Cash Flow	-34.84M	-208.59M	-212.24M	-243.31M	321.68M	-120.21M

Global Ship Lease Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 28.40
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GSL, the sentiment is Neutral. The current price of 28.4 is below the 20-day moving average (MA) of 30.30, below the 50-day MA of 30.41, and above the 200-day MA of 24.77, indicating a neutral trend. The MACD of -0.80 indicates Positive momentum. The RSI at 35.90 is Neutral, neither overbought nor oversold. The STOCH value of 19.79 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GSL.

Global Ship Lease Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CMRE	83 Outperform	$1.35B	4.76	14.61%	4.05%	-7.24%	-16.39%
GSL	75 Outperform	$993.71M	2.58	26.40%	6.87%	4.43%	17.82%
DAC	69 Neutral	$1.55B	3.49	13.38%	4.05%	5.63%	-17.54%
SBLK	67 Neutral	$2.00B	16.48	5.11%	4.54%	2.95%	-61.74%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
NMM	63 Neutral	$1.30B	4.49	9.89%	0.45%	-0.47%	-22.23%
SFL	58 Neutral	$919.87M	26.57	3.35%	14.39%	3.51%	-74.09%

Global Ship Lease Corporate Events

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.

Global Ship Lease Releases Mid-Year Financial Analysis Amid Global Challenges

On August 6, 2025, Global Ship Lease, Inc. released its management’s discussion and analysis of financial condition and results of operations for the six months ended June 30, 2025. The report highlights various risks and uncertainties facing the company, including geopolitical tensions, potential disruptions in shipping routes, and financial market conditions. These factors could significantly impact the company’s operations and its ability to secure profitable employment for its vessels, affecting stakeholders’ interests.

Global Ship Lease Reports Strong Q2 2025 Financial Results Amid Volatile Market

Global Ship Lease, Inc. reported its financial results for the second quarter and first half of 2025, showing significant growth in revenue and net income compared to the previous year. The company achieved a 9.7% increase in operating revenue for the second quarter and an 8.0% increase for the first half, with net income rising by 8.8% and 22.3% respectively. The company has secured substantial forward contract cover, ensuring 96% coverage for 2025 and 80% for 2026, and has added $397 million in contracted revenues during the first half of 2025. Despite a volatile macroeconomic environment, Global Ship Lease remains committed to returning capital to shareholders and maintaining financial resilience, supported by a strong credit rating and a low cost of debt.