Global Ship Lease, Inc.

GSLNYSEIndustrials● Active

$37.67

$-0.47(-1.22%)

Market Cap$1.4B

P/E Ratio—

52W High$42.7

52W Low$25.11

Avg Volume367K

Open$38.48

Beta0.88

Overview

Global Ship Lease, Inc. (GSL) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

GSL · free cash flow · updated Jun 8, 2026

Core FCF metrics

GSL · FCF · TTM · margin & CAGR

Free cash flow was $359.4M for FY2025 (fiscal year ending 2025-12-31), up 91.5% year-over-year The FCF margin was 46.9%. Five-year CAGR stands at +44.0%.

FY2025 Free Cash Flow$359.4M▲ +91.5% YoY

Trailing 12M (TTM)$404.5Mtrailing 4 quarters sum

FCF Margin46.9%$359.4M ÷ revenue

3-Year CAGR+4.1%FY2022 → FY2025

5-Year CAGR+44.0%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

GSL · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$528.3M(169M)$359.4M▲ +91.5%46.9%

FY2024$430.1M(242M)$187.7M▼ 15.7%26.6%

FY2023$375.0M(152M)$222.5M▼ 30.1%33.4%

FY2022$327.5M(9M)$318.3M▲ +242.3%52.6%

FY2021$248.0M(472M)−$223.7M▼ 485.8%-55.6%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

GSL · P/FCF · FCF yield · FCF per share

Global Ship Lease, Inc. (GSL) trades at a FCF yield of 29.81% and a price-to-free-cash-flow ratio of 3.3x. FCF per share stands at $11.33, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

29.81%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$11.33

TTM FCF ÷ Shares Outstanding

Price / FCF

x3.3

Share Price ÷ FCF per Share

EV / FCF (TTM)

x3.8

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

GSL · cash flow statement · operating / investing / financing

For FY2025, Global Ship Lease, Inc. generated $528.3M in operating cash flow and spent 169M in capital expenditures, yielding $359.4M in free cash flow.

Operating Activities

+$528.3M

Cash from core business operations

2025-12-31

Investing Activities

−$351.9M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$84.7M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($528.3M) − |CapEx| (169M) = FCF ($359.4M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

GSL vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Global Ship Lease, Inc.YOU

GSL

$359.4M+91.5%46.9%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Global Ship Lease, Inc. (GSL) reported free cash flow of $359.4M for FY2025 (fiscal year ending 2025-12-31), up 91.5% year-over-year. The FCF margin was 46.9%.

Based on available data, Global Ship Lease, Inc. has maintained positive free cash flow for at least 12 fiscal year(s). FCF peaked at $359.4M in FY2025. The 5-year CAGR stands at +44.0%.

Global Ship Lease, Inc.'s FCF yield is 29.81% and price-to-FCF ratio is 3.3x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

GSL free cash flow · 8 questions

Global Ship Lease, Inc. free cash flow was $359.4M for FY2025, up 91.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $404.5M.

GSL free cash flowGSL FCFGSL FCF 2025GSL free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Global Ship Lease, Inc. · Global Ship Lease, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026