FSLUF (First Ship Lease Trust) Net Margin %: 167.45% (As of Dec. 2025) — 1151% Above Median


What is First Ship Lease Trust Net Margin %?

First Ship Lease Trust FSLUF Net Margin % is 167.45% as of Dec. 2025, which is 1151% above its 10-year median of 13.39. The stock has 2 warning signs investors should review. Among 1,074 Business Services companies, First Ship Lease Trust ranks better than 99.35% on this metric.

Net margin is calculated as Net Income divided by its Revenue. First Ship Lease Trust's Net Income for the six months ended in Dec. 2025 was $5.11 Mil. First Ship Lease Trust's Revenue for the six months ended in Dec. 2025 was $3.05 Mil. Therefore, First Ship Lease Trust's net margin for the quarter that ended in Dec. 2025 was 167.45%.

The historical rank and industry rank for First Ship Lease Trust's Net Margin % or its related term are showing as below:

FSLUF' s Net Margin % Range Over the Past 10 Years
Min: -90.66   Med: 13.39   Max: 113.49
Current: 113.49


FSLUF's Net Margin % is ranked better than
99.35% of 1074 companies
in the Business Services industry
Industry Median: 3.83 vs FSLUF: 113.49

First Ship Lease Trust  (OTCPK:FSLUF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


First Ship Lease Trust Net Margin % Related Terms


First Ship Lease Trust Net Margin % Historical Data

* Premium members only.

The historical data trend for First Ship Lease Trust's Net Margin % 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.

First Ship Lease Trust Net Margin % Chart

First Ship Lease Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.09 54.78 43.13 97.69 113.32

First Ship Lease Trust Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Net Margin % 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 41.93 33.62 157.92 58.27 167.45

FSLUF vs URI, SUNB, AER: Net Margin % Comparison

For the Rental & Leasing Services subindustry, First Ship Lease Trust's Net Margin %, along with its competitors' market caps and Net Margin % 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.


First Ship Lease Trust Net Margin % vs Business Services Industry

For the Business Services industry and Industrials sector, First Ship Lease Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where First Ship Lease Trust's Net Margin % falls into.



First Ship Lease Trust Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

First Ship Lease Trust's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=6.857/6.051
=113.32 %

First Ship Lease Trust's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=5.109/3.051
=167.45 %

* 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 Net Margin % →
What does a Net Margin % of 167.45% mean?
First Ship Lease Trust (FSLUF) has a Net Margin % of 167.45% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on First Ship Lease Trust and its competitors. This is 1151% above median its historical median of 13.39. According to the industry distribution chart, First Ship Lease Trust ranks #7 out of 1074 companies in the Business Services industry, placing it in the top 0.7%.
Is First Ship Lease Trust's Net Margin % too high?
First Ship Lease Trust's current Net Margin % of 167.45% is 1151% above median its 10-year median of 13.39. The Business Services industry median Net Margin % is 3.83. First Ship Lease Trust's value of 167.45% is 4272.1% above this industry median. Based on the distribution chart, First Ship Lease Trust ranks #7 out of 1074 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers.
How does First Ship Lease Trust's Net Margin % compare to URI and SUNB?
According to the Business Services industry distribution chart, First Ship Lease Trust ranks #7 out of 1074 companies for Net Margin %. This places First Ship Lease Trust in the top 1% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.83. First Ship Lease Trust's value of 167.45% is 4272.1% above this benchmark. While the company's 10-year median is 13.39 vs. the industry median of 3.83, First Ship Lease Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Business Services company?
The median Net Margin % among Business Services companies is 3.83, based on 1,074 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. First Ship Lease Trust's current Net Margin % of 167.45% is 4272.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on First Ship Lease Trust and its competitors. For the Business Services industry, the median Net Margin % is 3.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Ship Lease Trust's current Net Margin % is 167.45%, which is 1151% above median its own 10-year median of 13.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Ship Lease Trust stock overvalued right now?
First Ship Lease Trust (FSLUF) has a current Net Margin % of 167.45%. The stock's GF Value™ is $0.02, compared to a current price of $0.04 — trading 100% above its estimated fair value. The current Net Margin % is 167.45%, which is 1151% above median its 10-year median of 13.39 and 4272.1% above the Business Services industry median of 3.83. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For First Ship Lease Trust (FSLUF), the current Net Margin % is 167.45% as of Dec. 2025. 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.

First Ship Lease Trust Business Description

Other Exchanges D8DU:Singapore
Address 7 Temasek Boulevard, No. 26-02 Suntec Tower One, Singapore, SGP, 038987
First Ship Lease Trust is engaged in the shipping business. The trust acts as a shipowner and provider of leasing services to the international shipping industry. The group has one segment that is only involved in the leasing and chartering of vessels which is carried out in international waters. The company has 6 vessels chartered to an international shipping company on fixed-rate period bareboat charters.