Global Ship Lease
GSL
#5683
Rank
A$1.29 B
Marketcap
$36.85
Share price
2.03%
Change (1 day)
32.52%
Change (1 year)

Operating Margin for Global Ship Lease (GSL)

Operating Margin as of September 2024 (TTM): 47.36%

According to Global Ship Lease's latest financial reports and stock price the company's current Operating Margin is 47.36%. At the end of 2023 the company had an Operating Margin of 45.74%.

Operating Margin history for Global Ship Lease from 2008 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202345.74%-5.6%
202248.45%13.68%
202142.62%189.1%
202014.74%-2.67%
201915.15%-141.52%
2018-36.48%-21.72%
2017-46.60%19.52%
2016-38.99%122.98%
2015-17.49%-491.88%
20144.46%-80.41%
201322.77%8.84%
201220.92%257.54%
20115.85%-337.19%
2010-2.47%-108.57%
200928.79%-176.71%
2008-37.54%-848.86%
20075.01%-54.04%
200610.91%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
59.42% 25.46%๐Ÿ‡ฒ๐Ÿ‡จ Monaco
59.19% 24.98%๐Ÿ‡ฌ๐Ÿ‡ท Greece
6.12%-87.08%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.