Global Ship LeaseGSL +0.48%79 Return-on-Tangible-Equity is 20.42% as of Mar. 2026, which is 11% above its 10-year median of 18.32. GuruFocus rates GSL with a GF Score™ of 79/100 and a GF Value™ of $25.53 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 975 Transportation companies, Global Ship Lease ranks better than 81.13% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Global Ship Lease's annualized net income for the quarter that ended in Mar. 2026 was $375.3 Mil. Global Ship Lease's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $1,838.2 Mil. Therefore, Global Ship Lease's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 20.42%.
The historical rank and industry rank for Global Ship Lease's Return-on-Tangible-Equity or its related term are showing as below:
GSL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -25.62 Med: 18.32 Max: 34.89
Current: 22.48
During the past 13 years, Global Ship Lease's highest Return-on-Tangible-Equity was 34.89%. The lowest was -25.62%. And the median was 18.32%.
GSL's Return-on-Tangible-Equity is ranked better than 81.13% of 975
companies
in the Transportation industry
Industry Median: 9
vs GSL: 22.48
Global Ship Lease (NYSE:GSL) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Global Ship Lease Return-on-Tangible-Equity Related Terms
Global Ship Lease Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Global Ship Lease's Return-on-Tangible-Equity 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.
GSL vs SFL, CCEC, GNK: Return-on-Tangible-Equity Comparison
For the Marine Shipping subindustry, Global Ship Lease's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Global Ship Lease's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Global Ship Lease's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 20.42% mean?
Global Ship Lease (GSL) has a Return-on-Tangible-Equity of 20.42% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Global Ship Lease and its competitors. This is 11% above median its historical median of 18.32. According to the industry distribution chart, Global Ship Lease ranks #184 out of 975 companies in the Transportation industry, placing it in the top 18.9%.
Is Global Ship Lease's Return-on-Tangible-Equity too high?
Global Ship Lease's current Return-on-Tangible-Equity of 20.42% is 11% above median its 10-year median of 18.32. The Transportation industry median Return-on-Tangible-Equity is 9.00. Global Ship Lease's value of 20.42% is 126.9% above this industry median. Based on the distribution chart, Global Ship Lease ranks #184 out of 975 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 Return-on-Tangible-Equity compare to SFL and CCEC?
According to the Transportation industry distribution chart, Global Ship Lease ranks #184 out of 975 companies for Return-on-Tangible-Equity. This places Global Ship Lease in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 9.00. Global Ship Lease's value of 20.42% is 126.9% above this benchmark. While the company's 10-year median is 18.32 vs. the industry median of 9.00, 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 Return-on-Tangible-Equity for a Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.00, based on 975 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Global Ship Lease's current Return-on-Tangible-Equity of 20.42% is 126.9% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Global Ship Lease and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Ship Lease's current Return-on-Tangible-Equity is 20.42%, which is 11% above median its own 10-year median of 18.32. 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 $37.78 — trading 48% above its estimated fair value. The current Return-on-Tangible-Equity is 20.42%, which is 11% above median its 10-year median of 18.32 and 126.9% above the Transportation industry median of 9.00. Global Ship Lease's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Global Ship Lease (GSL), the current Return-on-Tangible-Equity is 20.42% 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 $37.78 is trading 48% above its estimated GF Value™ of $25.53.
GuruFocus considers Global Ship Lease to be Significantly Overvalued.
Key valuation signals for GSL:
Return-on-Tangible-Equity: 20.42% (11% above median its 10-year median of 18.32)
GF Value™: $25.53 vs. price of $37.78 (48% above fair value)
Industry Position: 126.9% above the Transportation median (#184 of 975)
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 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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