Global Ship Lease (FRA:37H) Operating Margin %: 47.53% (As of Mar. 2026) — Near Median


FRA:37H Global Ship Lease Inc FRA:37H
79 GF Score
Price €33.28
GF Value €21.76
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Global Ship Lease Operating Margin %?

Global Ship Lease FRA:37H +1.28% 79 Operating Margin % is 47.53% as of Mar. 2026, which is 4% above its 10-year median of 45.58. GuruFocus rates FRA:37H with a GF Score™ of 79/100 and a GF Value™ of €21.76 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,007 Transportation companies, Global Ship Lease ranks better than 97.91% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Global Ship Lease's Operating Income for the three months ended in Mar. 2026 was €78.9 Mil. Global Ship Lease's Revenue for the three months ended in Mar. 2026 was €165.9 Mil. Therefore, Global Ship Lease's Operating Margin % for the quarter that ended in Mar. 2026 was 47.53%.

Good Sign:

Global Ship Lease Inc operating margin is expanding. Margin expansion is usually a good sign.

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

FRA:37H' s Operating Margin % Range Over the Past 10 Years
Min: 39.19   Med: 45.58   Max: 53.09
Current: 48.84


FRA:37H's Operating Margin % is ranked better than
97.91% of 1007 companies
in the Transportation industry
Industry Median: 7.37 vs FRA:37H: 48.84

Global Ship Lease's 5-Year Average Operating Margin % Growth Rate was 4.50% per year.

Global Ship Lease's Operating Income for the three months ended in Mar. 2026 was €78.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €317.8 Mil.


Global Ship Lease  (FRA:37H) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Global Ship Lease Operating Margin % Related Terms


Global Ship Lease Operating Margin % Historical Data

* Premium members only.

The historical data trend for Global Ship Lease's Operating 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.

Global Ship Lease Operating Margin % Chart

Global Ship Lease Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.79 52.29 53.09 52.95 49.85

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
Operating 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 51.57 52.27 50.64 44.90 47.53

FRA:37H vs CCEC, SFL, GNK: Operating Margin % Comparison

For the Marine Shipping subindustry, Global Ship Lease's Operating Margin %, along with its competitors' market caps and Operating 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.


Global Ship Lease Operating Margin % vs Transportation Industry

For the Transportation industry and Industrials sector, Global Ship Lease's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Global Ship Lease's Operating Margin % falls into.


FRA:37H
79GF Score
Global Ship Lease Inc FRA:37H
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Global Ship Lease Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Global Ship Lease's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=320.561 / 643.032
=49.85 %

Global Ship Lease's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=78.863 / 165.935
=47.53 %

* 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 Operating Margin % →
What does a Operating Margin % of 47.53% mean?
Global Ship Lease (FRA:37H) has a Operating Margin % of 47.53% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Global Ship Lease and its competitors. This is near median its historical median of 45.58. Over the past decade, Global Ship Lease's Operating Margin % has ranged from 39.19 to 53.09. According to the industry distribution chart, Global Ship Lease ranks #21 out of 1007 companies in the Transportation industry, placing it in the top 2.1%.
Is Global Ship Lease's Operating Margin % too high?
Global Ship Lease's current Operating Margin % of 47.53% is near median its 10-year median of 45.58. Over the past 10 years, this metric has ranged from a low of 39.19 to a high of 53.09. The Transportation industry median Operating Margin % is 7.37. Global Ship Lease's value of 47.53% is 544.9% above this industry median. Based on the distribution chart, Global Ship Lease ranks #21 out of 1007 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. 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 Operating Margin % compare to CCEC and SFL?
According to the Transportation industry distribution chart, Global Ship Lease ranks #21 out of 1007 companies for Operating Margin %. This places Global Ship Lease in the top 2% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 7.37. Global Ship Lease's value of 47.53% is 544.9% above this benchmark. Historically, Global Ship Lease's own Operating Margin % has ranged from 39.19 to 53.09 over the past decade. While the company's 10-year median is 45.58 vs. the industry median of 7.37, Global Ship Lease 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 Operating Margin % for a Transportation company?
The median Operating Margin % among Transportation companies is 7.37, based on 1,007 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Global Ship Lease's current Operating Margin % of 47.53% is 544.9% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Global Ship Lease and its competitors. For the Transportation industry, the median Operating Margin % is 7.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Ship Lease's current Operating Margin % is 47.53%, which is near median its own 10-year median of 45.58. 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 (FRA:37H) is currently considered Significantly Overvalued. The stock's GF Value™ is €21.76, compared to a current price of €33.28 — trading 52.9% above its estimated fair value. The current Operating Margin % is 47.53%, which is near median its 10-year median of 45.58 and 544.9% above the Transportation industry median of 7.37. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Global Ship Lease (FRA:37H), the current Operating Margin % is 47.53% 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 (FRA:37H) Overvalued in 2026?

Based on GuruFocus' analysis, Global Ship Lease stock appears to be overvalued. The current stock price of €33.28 is trading 52.9% above its estimated GF Value™ of €21.76. GuruFocus considers Global Ship Lease to be Significantly Overvalued.

Key valuation signals for FRA:37H:

  • Operating Margin %: 47.53% (near median its 10-year median of 45.58)
  • GF Value™: €21.76 vs. price of €33.28 (52.9% above fair value)
  • GF Score™: 79/100 with 10 warning signs
  • Industry Position: 544.9% above the Transportation median (#21 of 1007)

No single metric tells the full story. See the FRA:37H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Ship Lease Business Description

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

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

€33.28
Price
€21.76
GF Value