GSL on NYSE

Global Ship Lease

Global Ship Lease is a Deep Sea Foreign Transportation of Freight company, founded in 2007.1 It is headquartered in Majuro.1 Its shares trade on NYSE under the symbol GSL.1

Price unavailable

Last updated Oct 21, 2026.

Overview

$766.5MRevenue, fiscal 20254
$416.5MNet income, fiscal 20254
2007Founded1

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  • TickerGSL on NYSE1
  • IndustryDeep Sea Foreign Transportation of Freight1
  • HeadquartersMajuro1
  • Websitewww.globalshiplease.com
  • Incorporated inMarshall Islands5
  • Business addressC/O Gsl Enterprises Ltd., 9 Irodou Attikou Street, Kifisia, Athens, 145615
  • Filer categoryLarge accelerated filer5
  • Legal formCorporation3
  • LEI254900GLZ0J5N8UZM0713
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressTrust Company Complex, 96960 Majuro, Marshall Islands3
  • Registered withMarshall Islands Maritime and Corporate Administrators, 288913

Common Share ATM Program was approximately $99.3 million (out of the original $100.0 million). We did not sell any Class A common shares under the Common Shares ATM Program in 2025.6 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

56.8%Operating margin4
54.3%Net margin4
7.8%Revenue growth, 20254
23.1%Return on equity4
0.30×Debt to equity4

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs46¢$350.0M
  • Profit54¢$416.5M

Out of $766.5M in revenue.4

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid14¢$76.1M
  • Kept or used elsewhere86¢$452.2M

Out of $528.3M of cash from operations.4

Financial statements

Revenue78910114$766.5M in 2025+388% since 2018
0$200.0M$400.0M$600.0M$800.0M2018: $157.1M$157.1M20182019: $261.1M$261.1M2019+66%2020: $282.8M$282.8M2020+8%2021: $448.0M$448.0M2021+58%2022: $645.6M$645.6M2022+44%2023: $674.8M$674.8M2023+5%2024: $711.1M$711.1M2024+5%2025: $766.5M$766.5M2025+8%
Operating income128910114$435.1M in 2025
-$200.0M0$200.0M$400.0M$600.0M2018: -$10.3M-$10.3M20182019: $111.6M$111.6M20192020: $104.8M$104.8M2020−6%2021: $237.5M$237.5M2021+127%2022: $354.2M$354.2M2022+49%2023: $343.2M$343.2M2023−3%2024: $379.1M$379.1M2024+10%2025: $435.1M$435.1M2025+15%
Net income128910114$416.5M in 2025
-$200.0M0$200.0M$400.0M$600.0M2018: -$57.4M-$57.4M20182019: $39.8M$39.8M20192020: $41.6M$41.6M2020+4%2021: $171.5M$171.5M2021+313%2022: $292.9M$292.9M2022+71%2023: $304.5M$304.5M2023+4%2024: $353.6M$353.6M2024+16%2025: $416.5M$416.5M2025+18%

Every line of the income statement as filed: the last 3 fiscal years, latest first.4

Period ending2025-12-312024-12-312023-12-31
Time charter revenue$753.0M$705.5M$666.7M
Amortization of intangible liabilities-charter agreements$13.5M$5.5M$8.1M
Total operating revenues$766.5M$711.1M$674.8M
Vessel operating expenses (include related party vessels operating expenses of $23,817, $21,804 and $19,086 for each of the years ended December 31, 2025, 2024 and 2023, respectively)$208.4M$191.3M$179.2M
Time charter and voyages expenses (include related party time charter and voyage expenses of $8,689, $8,610 and $7,995 for each of the years ended December 31, 2025, 2024 and 2023, respectively)$25.1M$23.5M$23.6M
Depreciation and amortization$122.0M$100.0M$91.7M
Impairment of vessels$0$0$18.8M
General and administrative expenses$22.1M$17.1M$18.2M
Gain on sale of vessels-$46.3M$0$0
Operating Income$435.1M$379.1M$343.2M
Interest income$19.2M$16.7M$9.8M
Interest and other finance expenses (include $875, $3,627 and $108 expenses relating to prepayment fees and acceleration of deferred financing costs, if any, for each of the years ended December 31, 2025, 2024 and 2023, respectively)-$39.0M-$40.7M-$44.8M
Other income, net$6.1M$3.6M$2.1M
Fair value adjustment on derivative asset-$5.0M-$5.2M-$5.4M
Total non-operating expenses-$18.7M-$25.5M-$38.3M
Income before income taxes$416.5M$353.6M$304.9M
Income taxes$0-$1.0K-$448.0K
Net Income$416.5M$353.6M$304.5M
Earnings allocated to Series B Preferred Shares-$9.5M-$9.5M-$9.5M
Net Income available to Common Shareholders, Basic$406.9M$344.1M$295.0M
Net Income available to Common Shareholders, Diluted$406.9M$344.1M$295.0M
Costs and Expenses, Related Party$23.8M$21.8M$19.1M
Time charter and voyage expenses - related parties$8.7M$8.6M$8.0M
Debt Related Commitment Fees and Debt Issuance Costs$875.0K$3.6M$108.0K

Compare Global Ship Lease with another company

Corporate structure

Global Ship Lease sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Global Ship Lease

  • Global Ship Lease London, United Kingdom

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Global Ship Lease reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$2.0B4 Dec 31, 2025$1.9B4 Dec 31, 2024+4.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$273.9M4 Dec 31, 2025$141.4M4 Dec 31, 2024+93.7%

Inventory

ItemLatestA year beforeChange
Inventory, total$14.6M4 Dec 31, 2025$18.9M4 Dec 31, 2024−22.8%

Leadership

Who has led Global Ship Lease, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (8)

Former names

  • GSL Holdings, Inc.Apr 18, 2008 to Aug 12, 20085

Timeline

  1. Mar 16, 2026New chief executive Thomas Arthur Lister becomes CEO14
  2. Aug 15, 2008Went public Listed on NYSE1
  3. 2007Founded Founded1

Calendar

Coming up

  1. Nov 9, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $2.62 a share, on Nov 10, 2025.25

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

134 filings to the SEC since October 2021: 5 annual reports, 19 insider forms, 24 large holders, 86 other. The latest 20:

  1. Oct 15, 20264 EDGAR
  2. Oct 13, 20266-K EDGAR
  3. Oct 7, 20266-K EDGAR
  4. Oct 2, 20264 EDGAR
  5. Sep 15, 20266-K EDGAR
  6. Aug 28, 20264 EDGAR
  7. Aug 28, 20264 EDGAR
  8. Aug 6, 20266-K EDGAR
  9. Aug 5, 20266-K EDGAR
  10. Jul 31, 20264 EDGAR
  11. Jul 14, 20266-K EDGAR
  12. Jun 24, 20266-K EDGAR
  13. Jun 18, 20266-K EDGAR
  14. Jun 9, 20266-K EDGAR
  15. Jun 5, 20266-K EDGAR
  16. May 22, 20266-K EDGAR
  17. May 13, 2026SCHEDULE 13G EDGAR
  18. May 12, 20266-K EDGAR
  19. Apr 28, 20266-K EDGAR
  20. Apr 9, 20264 EDGAR

The 134 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

6 open-market trades by officers, directors and large owners since October 2021: 0 buys and 6 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 27, 2026Psaropoulos AnastasiosChief Financial OfficerSale48,330$45.02$2.2MForm 4
Aug 26, 2026Psaropoulos AnastasiosChief Financial OfficerSale1,670$45.03$75.2KForm 4
Aug 26, 2026Lister Thomas ArthurChief Executive OfficerSale30,000$44.26$1.3MForm 4
Jul 14, 2026Neugeborn YoramDirectorSale3,000$41.13$123.4KForm 4
Apr 7, 2026Giannopoulos GeorgiosChief Compliance OfficerSale7,692$38.51$296.2KForm 4
Mar 25, 2026Psaropoulos AnastasiosChief Financial OfficerSale23,173$39.00$903.7KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Global Ship Lease is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARGlobal Ship Lease, Inc.2
  • CIK0001430725
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company6
  • Incorporated inMarshall Islands6
  • Fiscal year endsDecember 312
  • Industry code (SIC)4412 Deep Sea Foreign Transportation of Freight2
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance2
  • Business addressC/O Gsl Enterprises Ltd., 9 Irodou Attikou Street, Kifisia, Athens, 14561, Greece2
  • Phone3021062336702
  • Shares outstanding35,913,628 shares as of Dec 31, 20256
  • AuditorPricewaterhouseCoopers S.A., Athens, Greece PCAOB ID 1387; it also attests to the company’s internal control over financial reporting6
  • On EDGAR sinceApr 18, 20082
  • Filings482 in all: 6-K (211), 4 (33), SC 13D/A (30), SC 13G/A (30), UPLOAD (22), 20-F (18), CORRESP (16), SC 13G (16)2
    All 38 form types

    3 (15), 424B5 (12), EFFECT (10), SC 13D (8), F-3 (7), SCHEDULE 13G (6), S-8 (5), F-4/A (4), 25-NSE (3), 424B3 (3), 8-A12B (3), FWP (3), 144 (2), 20-F/A (2), 424B2 (2), 424B7 (2), CERTNYS (2), F-1 (2), F-1/A (2), F-3/A (2), F-3ASR (2), 305B2 (1), 4/A (1), 424B4 (1), 8-A12B/A (1), CERT (1), F-1MEF (1), F-4 (1), S-8 POS (1), SCHEDULE 13D/A (1)

  • Latest filingsAnnual report (20-F) Mar 16, 2026

Securities registered for trading

ClassSymbolExchange
Class A common shares, par value of $0.01 per shareGSLNew York Stock Exchange

From the cover page of the 20-F filed Mar 16, 2026 (Section 12(b) of the Exchange Act).6

Sources

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