Global Ship Lease Past Earnings Performance
Past criteria checks 4/6
Global Ship Lease has been growing earnings at an average annual rate of 64.7%, while the Shipping industry saw earnings growing at 48.3% annually. Revenues have been growing at an average rate of 27.5% per year. Global Ship Lease's return on equity is 25.7%, and it has net margins of 44.2%.
Key information
64.7%
Earnings growth rate
64.6%
EPS growth rate
| Shipping Industry Growth | 51.9% |
| Revenue growth rate | 27.5% |
| Return on equity | 25.7% |
| Net Margin | 44.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Global Ship Lease Stock Looks Good, But I Have Some Concerns (Rating Downgrade)
Apr 18Global Ship Lease: Predictable 7% Dividend, But Aging Fleet Is A Concern
Mar 25Global Ship Lease: Time To Sell The Preferreds (And Buy The Common Shares)
Mar 12Global Ship Lease's (NYSE:GSL) Returns On Capital Are Heading Higher
Mar 05
Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.375
Feb 16Global Ship Lease: Is 7% Dividend Yield Worth Given Cyclical Industry?
Feb 14Global Ship Lease: Red Sea Crisis Unlikely To Significantly Boost Profits
Jan 28Global Ship Lease: Very Undervalued, 7% Yield, Low Leverage
Jan 07Global Ship Lease's (NYSE:GSL) Dividend Will Be $0.375
Nov 12Global Ship Lease: 8% Yield, Very Undervalued, Buy Rating
Oct 06Global Ship Lease: Dirt Cheap For Locked In Revenues
Aug 25Global Ship Lease (NYSE:GSL) Has Announced A Dividend Of $0.375
Aug 13Global Ship Lease Stock Is Still A Good-Looking Dividend Buy
Aug 12Global Ship Lease: The 8.7% Preferred Dividend Is Well-Covered
Jul 22Is Global Ship Lease (NYSE:GSL) A Risky Investment?
Jun 08Global Ship Lease: Stock Offers 8% Yield, Undervalued, 97% Chartered In 2023
Jun 02Global Ship Lease (NYSE:GSL) Is Due To Pay A Dividend Of $0.375
May 16Is There An Opportunity With Global Ship Lease, Inc.'s (NYSE:GSL) 42% Undervaluation?
Mar 14Global Ship Lease (NYSE:GSL) Shareholders Will Want The ROCE Trajectory To Continue
Feb 28At US$19.37, Is Global Ship Lease, Inc. (NYSE:GSL) Worth Looking At Closely?
Feb 06Global Ship Lease: Undervalued, Well-Covered 8% Yield, Long-Term Charters
Jan 22Global Ship Lease: This Massive 9% Yield Is A Buy
Dec 08Global Ship Lease: Trends Point To Shares Being Undervalued
Nov 15Global Ship Lease Q3 2022 Earnings Preview
Nov 08Global Ship Lease: 9% Yield, Strong Earnings, Undervalued
Oct 28Global Ship Lease: Pummeled By Recession Fears For Strong Buyers To Accumulate
Oct 10Global Ship Lease's 9.5% Yield + Its Preferred's 8.7% Yield = The Ultimate Upside/Income Combo
Sep 26Global Ship Lease: Lopsided Risk-Reward
Sep 06Global Ship Lease announces forward charter agreements
Aug 30Global Ship Lease (NYSE:GSL) Is Looking To Continue Growing Its Returns On Capital
Aug 28Is Now The Time To Look At Buying Global Ship Lease, Inc. (NYSE:GSL)?
Aug 12Global Ship Lease declares $0.375 dividend
Aug 04Does Global Ship Lease (NYSE:GSL) Have A Healthy Balance Sheet?
Jul 23Global Ship Lease (NYSE:GSL) Will Pay A Larger Dividend Than Last Year At US$0.38
May 15If You Like EPS Growth Then Check Out Global Ship Lease (NYSE:GSL) Before It's Too Late
May 04Global Ship Lease (NYSE:GSL) Takes On Some Risk With Its Use Of Debt
Apr 19Return Trends At Global Ship Lease (NYSE:GSL) Aren't Appealing
Mar 03What Does Global Ship Lease, Inc.'s (NYSE:GSL) Share Price Indicate?
Jan 18Here's Why Global Ship Lease (NYSE:GSL) Has A Meaningful Debt Burden
Jan 05Global Ship Lease: Great Upside Seasoned With A 7% Dividend Yield
Dec 13The Returns At Global Ship Lease (NYSE:GSL) Aren't Growing
Dec 02Is It Time To Consider Buying Global Ship Lease, Inc. (NYSE:GSL)?
Oct 19Is Global Ship Lease (NYSE:GSL) Using Too Much Debt?
Oct 06Global Ship Lease's Preferred Shares: A Bet On Them Not Being Called
Sep 02Global Ship Lease's (NYSE:GSL) Returns Have Hit A Wall
Sep 02Revenue & Expenses BreakdownBeta
Revenue & Expenses Breakdown
BetaHow 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 |
|---|---|---|---|---|
| 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 |
| 30 Sep 13 | 143 | 33 | 6 | 0 |
| 30 Jun 13 | 147 | 34 | 6 | 0 |
Quality Earnings: GSL has high quality earnings.
Growing Profit Margin: GSL's current net profit margins (44.2%) are lower than last year (46.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GSL has become profitable over the past 5 years, growing earnings by 64.7% per year.
Accelerating Growth: GSL's earnings growth over the past year (4.1%) is below its 5-year average (64.7% per year).
Earnings vs Industry: GSL earnings growth over the past year (4.1%) exceeded the Shipping industry -59.3%.
Return on Equity
High ROE: GSL's Return on Equity (25.7%) is considered high.