NYSE$GSL

Global Ship Lease Inc · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

Global Ship Lease reported strong growth in earnings and revenue, supported by higher charter rates and vessel sales gains.

Global Ship Lease delivered solid Q1 2025 performance with EPS rising to $3.40, backed by increased charter revenues, vessel sales, and expanded contract coverage.

  • Revenue rose to $191 million, driven by charter renewals and vessel additions.
  • EPS reached $3.40, with normalized EPS at $2.65.
  • Net income grew to $121 million, up from $89.5 million YoY.
  • Dividend increased to $0.525 per share, annualized to $2.10.

Headline financials

Total Revenue

$191M

Previous: $180M+6.4%
EPS (adj)

$2.65

Previous: $2.53+4.7%
Adjusted EBITDA

$132M

No prior period
Contracted Revenue Added

$352M

No prior period
Net Income

$121M

Previous: $89.5M+35.2%
Operating Income

$128M

Previous: $97.1M+32.3%

Revenue & EPS history

Global Ship Lease · Revenue · Quarterly

$191M

Q1 2025+6.4%vs Q1 2024
Beat estimate in 14 of 15 quarters(93%)
ActualEstimate

Forward guidance

Global Ship Lease remains focused on maintaining financial resilience and capturing opportunities amid market volatility, with a strong balance sheet and growing charter coverage.

Tailwinds

  • Forward contract cover locked for 93% of 2025 days.
  • Weighted average debt cost reduced to 3.99%.
  • New $85 million UBS credit facility enhances financial flexibility.
  • Fleet additions support continued earnings growth.
  • Dividend raised, signaling confidence in cash flow stability.

Headwinds

  • Utilization dropped to 93.7% from 98.8% due to drydockings.
  • Geopolitical risks, including U.S. tariffs and Red Sea instability.
  • Uncertainty in global supply chains impacting liner behavior.
  • Increased off-hire days due to maintenance.
  • Interest income declined due to lower rates on time deposits.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-0.1%

Avg return

Earnings day

+1.9%

Avg return

5 days after

+0.8%

Avg return

30 days after

55%

33 / 60 earnings

Positive

+17.1%

Q2 2015

Best reaction

-48.2%

Q4 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q4 2025-3.8%+1.7%+4.7%
Q3 2025+9.1%+8.9%+12.9%
Q2 2025+2.0%+4.6%+8.0%
Q1 2025+5.3%-2.5%+6.6%
Q4 2024+8.2%+6.9%-9.8%
Q3 2024-5.4%-3.8%-11.4%
Q2 2024+7.3%+7.5%-3.7%
Q1 2024+7.8%+9.7%+12.9%
Q4 2023-8.0%-3.4%+2.6%
Q3 2023+1.4%+5.4%+8.3%
Q2 2023-0.7%-1.7%-7.2%
Q1 2023+4.6%+6.4%+4.6%
Q4 2022+6.8%+6.2%-3.3%
Q3 2022+3.7%+1.7%-3.5%
Q2 2022-2.2%-1.5%-7.1%
Q1 2022-4.5%-6.0%-5.2%
Q4 2021+14.0%+7.7%+14.5%
Q2 2021+7.1%+11.5%+35.8%
Q4 2020-13.4%-3.8%+0.7%
Q2 2020+3.0%+10.2%+18.1%
Q1 2020-3.3%-3.1%+1.9%
Q4 2019-9.8%-12.2%-47.6%
Q3 2019-1.9%+0.1%+17.7%
Q2 2019-6.1%-1.0%-16.3%
Q1 2019+3.5%+4.4%+18.2%
Q4 2018+4.5%+0.0%-10.6%
Q3 2018+8.6%+12.6%+0.0%
Q2 2018+2.5%+7.4%-4.9%
Q1 2018+2.5%+11.8%+20.2%
Q4 2017-2.6%-7.0%-1.7%
Q3 2017-2.1%+32.9%-19.2%
Q2 2017-12.5%-17.6%-21.3%
Q1 2017+4.4%-1.5%-7.4%
Q4 2016-9.8%-9.8%-7.8%
Q3 2016+4.8%-1.6%+32.0%
Q2 2016+0.0%-14.0%-2.3%
Q1 2016+13.9%
Q4 2015-48.2%
Q3 2015-6.0%
Q2 2015+17.1%
Q1 2015+0.9%
Q4 2014+3.1%
Q3 2014+8.3%
Q2 2014-5.6%
Q1 2014+5.0%
Q4 2013-1.8%
Q3 2013+6.3%
Q2 2013-2.4%
Q1 2013+2.4%
Q4 2012-16.6%
Q2 2012+0.6%
Q1 2012+6.6%
Q4 2011-4.3%
Q3 2011-6.2%
Q4 2010+7.5%
Q2 2011-19.3%
Q1 2011-0.6%
Q3 2010+4.5%
Q2 2009+2.7%
Q1 2010+0.0%

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