Global Ship Lease Past Earnings Performance
Past criteria checks 3/6
Global Ship Lease has been growing earnings at an average annual rate of 48.6%, while the Shipping industry saw earnings growing at 40.4% annually. Revenues have been growing at an average rate of 24% per year. Global Ship Lease's return on equity is 23.6%, and it has net margins of 45.4%.
Key information
48.6%
Earnings growth rate
43.6%
EPS growth rate
| Shipping Industry Growth | 51.9% |
| Revenue growth rate | 24.0% |
| Return on equity | 23.6% |
| Net Margin | 45.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Global Ship Lease makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 701 | 319 | 18 | 0 |
| 30 Jun 24 | 702 | 323 | 18 | 0 |
| 31 Mar 24 | 689 | 312 | 19 | 0 |
| 31 Dec 23 | 667 | 295 | 18 | 0 |
| 30 Sep 23 | 646 | 303 | 18 | 0 |
| 30 Jun 23 | 636 | 310 | 18 | 0 |
| 31 Mar 23 | 620 | 288 | 17 | 0 |
| 31 Dec 22 | 604 | 283 | 19 | 0 |
| 30 Sep 22 | 583 | 277 | 18 | 0 |
| 30 Jun 22 | 534 | 250 | 17 | 0 |
| 31 Mar 22 | 471 | 227 | 15 | 0 |
| 31 Dec 21 | 403 | 163 | 13 | 0 |
| 30 Sep 21 | 337 | 92 | 12 | 0 |
| 30 Jun 21 | 293 | 43 | 10 | 0 |
| 31 Mar 21 | 284 | 25 | 10 | 0 |
| 31 Dec 20 | 282 | 22 | 8 | 0 |
| 30 Sep 20 | 280 | 16 | 8 | 0 |
| 30 Jun 20 | 276 | 13 | 9 | 0 |
| 31 Mar 20 | 268 | 9 | 9 | 0 |
| 31 Dec 19 | 263 | 18 | 9 | 0 |
| 30 Sep 19 | 244 | -44 | 12 | 0 |
| 30 Jun 19 | 214 | -51 | 11 | 0 |
| 31 Mar 19 | 185 | -55 | 10 | 0 |
| 31 Dec 18 | 157 | -60 | 9 | 0 |
| 30 Sep 18 | 145 | -88 | 6 | 0 |
| 30 Jun 18 | 151 | -83 | 6 | 0 |
| 31 Mar 18 | 156 | -80 | 6 | 0 |
| 31 Dec 17 | 159 | -77 | 5 | 0 |
| 30 Sep 17 | 163 | -33 | 6 | 0 |
| 30 Jun 17 | 162 | -65 | 6 | 0 |
| 31 Mar 17 | 164 | -66 | 6 | 0 |
| 31 Dec 16 | 167 | -68 | 6 | 0 |
| 30 Sep 16 | 169 | -7 | 6 | 0 |
| 30 Jun 16 | 170 | -24 | 6 | 0 |
| 31 Mar 16 | 170 | -27 | 7 | 0 |
| 31 Dec 15 | 165 | -32 | 6 | 0 |
| 30 Sep 15 | 158 | -39 | 7 | 0 |
| 30 Jun 15 | 150 | 8 | 7 | 0 |
| 31 Mar 15 | 142 | 3 | 7 | 0 |
| 31 Dec 14 | 139 | 5 | 7 | 0 |
| 30 Sep 14 | 138 | 14 | 7 | 0 |
| 30 Jun 14 | 140 | 15 | 6 | 0 |
| 31 Mar 14 | 142 | 27 | 6 | 0 |
| 31 Dec 13 | 143 | 33 | 6 | 0 |
Quality Earnings: GSL.PRB has high quality earnings.
Growing Profit Margin: GSL.PRB's current net profit margins (45.4%) are lower than last year (46.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GSL.PRB has become profitable over the past 5 years, growing earnings by 48.6% per year.
Accelerating Growth: GSL.PRB's earnings growth over the past year (5.2%) is below its 5-year average (48.6% per year).
Earnings vs Industry: GSL.PRB earnings growth over the past year (5.2%) did not outperform the Shipping industry 6.4%.
Return on Equity
High ROE: GSL.PRB's Return on Equity (23.6%) is considered high.