Global Ship Lease, Inc. (GSL) intrinsic value & 10-year financials

Global Ship Lease, Inc. (GSL) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 18.5% a year to $766.5M, with an average return on invested capital of 10.4%.

Graham intrinsic value
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Revenue (FY2025)
$766.5M
Revenue growth (10-yr CAGR)
18.5%
ROIC (10-yr avg)
10.4%
Free cash flow (FY2025)
—

GSL 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $766.5M $416.5M — — 56.8% 20.5%
FY2024 $711.1M $353.6M — — 53.3% 19.5%
FY2023 $674.8M $304.5M — — 50.9% 18.7%
FY2022 $645.6M $292.9M — — 54.9% 20.2%
FY2021 $448.0M $171.5M — — 53.0% 16.6%
FY2020 $282.8M $41.6M — — 37.0% 9.0%
FY2019 $261.1M $39.8M — — 42.7% 9.8%
FY2018 $157.1M -$57.4M — $36.3M -6.5% -1.2%
FY2017 $159.0M -$74.3M — $66.9M -9.6% -2.7%
FY2016 $166.5M -$65.1M — $71.7M -12.3% -6.2%

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

Global Ship Lease, Inc. is a consistent compounder, expanding top-line revenue at 18.5% annually over the past decade.

Global Ship Lease, Inc. returns on capital have been average, hovering around 12.3% ROIC over the decade.

Global Ship Lease, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, Global Ship Lease, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment.

GSL stock: frequently asked questions

How fast has Global Ship Lease, Inc. grown?

Revenue went from $166.5M in fiscal 2016 to $766.5M in fiscal 2025, a compound annual growth rate of 18.5%. Net income was $416.5M in fiscal 2025.

What is GSL's return on invested capital?

Average ROIC over the last 10 fiscal years was 10.4%, and average return on equity was 10.0%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this GSL data come from?

From Global Ship Lease, Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Mar 16, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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