GSL (Global Ship Lease) EBIT: $425.3 Mil (TTM As of Mar. 2026)


GSL Global Ship Lease Inc GSL
79 GF Score
Price $38.09
GF Value $25.53
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Global Ship Lease EBIT?

Global Ship Lease GSL -1.55% 79 EBIT is $425.3 Mil as of Mar. 2026. GuruFocus rates GSL with a GF Score™ of 79/100 and a GF Value™ of $25.53 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Global Ship Lease's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $103.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $425.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Global Ship Lease's annualized ROC % for the quarter that ended in Mar. 2026 was 15.06%. Global Ship Lease's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Global Ship Lease's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 27.86%.


Global Ship Lease  (NYSE:GSL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Global Ship Lease's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=364.684 * ( 1 - 0% )/( (2430.667 + 2413.975)/ 2 )
=364.684/2422.321
=15.06 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2861.203 - 110.331 - ( 472.976 - max(0, 306.783 - 626.988+472.976))
=2430.667

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2899.648 - 105.9 - ( 498.608 - max(0, 301.49 - 681.263+498.608))
=2413.975

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Global Ship Lease's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=412.672/( ( (1998.849 + max(-5.3519999999999, 0)) + (1995.028 + max(27.501, 0)) )/ 2 )
=412.672/( ( 1998.849 + 2022.529 )/ 2 )
=412.672/2010.689
=20.52 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(49.887 + 14.6 + 89.377) - (110.331 + 48.885 + 0)
=-5.3519999999999

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(53.868 + 14.841 + 112.715) - (105.9 + 48.023 + 0)
=27.501

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Global Ship Lease's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=425.328/1526.869
=27.86 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Global Ship Lease EBIT Related Terms


Global Ship Lease EBIT Historical Data

* Premium members only.

The historical data trend for Global Ship Lease's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Global Ship Lease EBIT Chart

Global Ship Lease Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 240.78 368.16 349.77 394.31 455.42

Global Ship Lease Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 133.26 106.03 104.56 111.57 103.17

GSL vs CCEC, SFL, GNK: EBIT Comparison

For the Marine Shipping subindustry, Global Ship Lease's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Global Ship Lease EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Global Ship Lease's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Global Ship Lease's EV-to-EBIT falls into.


GSL
79GF Score
Global Ship Lease Inc GSL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Ship Lease EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $425.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $425.3 Mil mean?
Global Ship Lease (GSL) has a EBIT of $425.3 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Global Ship Lease.
Is Global Ship Lease's EBIT too high?
Global Ship Lease's current EBIT is $425.3 Mil. Overall, Global Ship Lease has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Ship Lease's EBIT compare to CCEC and SFL?
Global Ship Lease's EBIT of $425.3 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Transportation company?
A good EBIT depends on the Transportation industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Global Ship Lease. Global Ship Lease's current EBIT is $425.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Ship Lease stock overvalued right now?
Based on GuruFocus' analysis, Global Ship Lease (GSL) is currently considered Significantly Overvalued. The stock's GF Value™ is $25.53, compared to a current price of $38.09 — trading 49.2% above its estimated fair value. The current EBIT is $425.3 Mil. Global Ship Lease's overall GF Score™ is 79/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Global Ship Lease (GSL), the current EBIT is $425.3 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Global Ship Lease (GSL) Overvalued in 2026?

Based on GuruFocus' analysis, Global Ship Lease stock appears to be overvalued. The current stock price of $38.09 is trading 49.2% above its estimated GF Value™ of $25.53. GuruFocus considers Global Ship Lease to be Significantly Overvalued.

Key valuation signals for GSL:

  • EBIT: $425.3 Mil
  • GF Value™: $25.53 vs. price of $38.09 (49.2% above fair value)
  • GF Score™: 79/100 with 10 warning signs

No single metric tells the full story. See the GSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Ship Lease Business Description

Other Exchanges GSLpB.PFD:USA37H:Germany
Address 9 Irodou Attikou Street, Kifisia, Athens, GRC, 14561
Global Ship Lease Inc is a containership owner, leasing ships to container shipping companies under industry-standard, fixed-rate time charters. Its fleet comprises mid-size Post-Panamax, Cypress, and smaller containerships, which tend to serve the faster-growing non-Mainlane and intra-regional trades, collectively representing the majority of the containerized trade volume globally. The company generates revenue from chartering its vessels to liner companies.
79GF Score

Get the complete analysis for GSL

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$38.09
Price
$25.53
GF Value