Free Trial
→ The Iran War Just Broke the Gold Market (From Behind the Markets) (Ad)tc pixel Free GNL Stock Alerts

Global Net Lease (GNL) Financials

Global Net Lease logo
$9.12 -0.11 (-1.14%)
As of 12:57 PM Eastern
This is a fair market value price provided by Massive. Learn more.
Compare
Annual Income Statements for Global Net Lease

Annual Income Statements for Global Net Lease

This table shows Global Net Lease's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -2.07 47 21 1.08 35 -7.78 -8.70 -8.36 -239 -175 -269
Consolidated Net Income / (Loss)		 -2.02 48 24 11 46 11 11 12 -212 -132 -225
Net Income / (Loss) Continuing Operations		 198 48 24 11 46 11 11 12 -191 -79 -136
Total Pre-Tax Income 		3.87 52 27 13 51 16 24 23 -177 -75 -114
Total Revenue		 411 214 259 282 307 328 397 397 442 574 485
Net Interest Income / (Expense)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Income		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Non-Interest Income		 411 214 259 282 307 328 397 397 442 574 485
Net Realized & Unrealized Capital Gains on Investments		 -0.07 - - - 0.77 -2.34 5.83 19 -3.69 4.20 -11
Other Non-Interest Income		 411 214 259 282 306 330 391 379 446 570 495
Total Non-Interest Expense		 172 154 173 214 191 231 279 278 461 382 384
Net Occupancy & Equipment Expense		 18 19 29 29 28 32 33 33 44 64 51
Other Operating Expenses		 43 31 29 41 53 59 67 70 113 61 65
Depreciation Expense		 90 94 113 120 126 139 163 154 179 217 191
Impairment Charge		 - 0.00 0.00 5.00 6.38 0.00 18 22 69 90 165
Restructuring Charge		 6.05 9.79 1.98 14 1.32 0.66 0.14 0.24 54 6.02 6.66
Other Special Charges		 - - - 5.75 -24 0.15 -1.48 -0.33 1.67 -57 -95
Nonoperating Income / (Expense), net		 -34 -8.28 -59 -55 -65 -81 -94 -96 -158 -267 -214
Income Tax Expense		 5.90 4.42 3.14 2.43 4.33 4.97 12 11 14 4.45 22
Net Income / (Loss) Discontinued Operations		 - - - - - - - - -21 -52 -90
Preferred Stock Dividends Declared		 0.00 0.00 2.83 9.82 12 19 20 20 27 44 44
Basic Earnings per Share		 ($0.04) $0.82 $0.30 $0.01 $0.40 ($0.09) ($0.20) ($0.09) ($1.71) ($0.76) ($1.21)
Weighted Average Basic Shares Outstanding		 58.10M 56.72M 66.88M 69.41M 85.03M 89.47M 98.28M 103.69M 142.58M 230.44M 223.26M
Diluted Earnings per Share		 ($0.04) $0.82 $0.30 $0.01 $0.39 ($0.09) ($0.20) ($0.09) ($1.71) ($0.76) ($1.21)
Weighted Average Diluted Shares Outstanding		 58.10M 56.72M 66.88M 69.66M 86.35M 89.47M 98.28M 103.69M 142.58M 230.44M 223.26M
Weighted Average Basic & Diluted Shares Outstanding		 58.10M 56.72M 69.10M 108.20M 89.46M 90.57M 103.60M 103.80M 230.34M 230.78M 214.19M
Cash Dividends to Common per Share		 - - $2.13 $2.13 $2.13 $1.73 $1.73 $1.60 $1.55 $1.18 $0.85

Quarterly Income Statements for Global Net Lease

This table shows Global Net Lease's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 -142 -60 -35 -47 -77 -17 -200 -35 -71 37 -16
Consolidated Net Income / (Loss)		 -136 -49 -24 -36 -66 -6.52 -189 -24 -60 48 -5.08
Net Income / (Loss) Continuing Operations		 -136 -49 -7.37 -22 -53 -6.52 -95 -32 -63 54 -8.36
Total Pre-Tax Income 		-133 -43 -5.01 -22 -52 -5.56 -92 -29 -59 66 -6.72
Total Revenue		 121 202 149 146 134 206 129 116 123 117 112
Net Interest Income / (Expense)		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Interest Income		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Interest Expense		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Non-Interest Income		 121 202 149 146 134 206 129 116 123 117 112
Net Realized & Unrealized Capital Gains on Investments		 3.22 -4.48 1.59 0.51 -4.75 6.85 -3.86 -8.82 2.27 -0.27 3.07
Other Non-Interest Income		 118 207 148 145 139 199 132 125 121 117 109
Total Non-Interest Expense		 214 161 91 84 126 135 160 83 135 6.21 78
Net Occupancy & Equipment Expense		 14 37 18 16 15 36 14 12 13 13 13
Other Operating Expenses		 41 17 17 16 13 16 19 15 15 16 16
Depreciation Expense		 49 99 57 57 53 83 56 46 45 44 42
Impairment Charge		 66 2.98 4.33 27 38 20 67 9.81 55 32 11
Restructuring Charge		 44 4.35 0.75 1.58 1.90 1.79 1.58 2.00 1.62 1.46 4.39
Other Special Charges		 0.68 0.99 -5.87 -34 4.28 -21 1.68 -1.54 5.80 -101 -7.88
Nonoperating Income / (Expense), net		 -41 -84 -64 -84 -60 -76 -60 -62 -48 -44 -41
Income Tax Expense		 2.80 5.46 2.36 -0.25 1.31 0.96 3.28 3.00 3.09 12 1.64
Net Income / (Loss) Discontinued Operations		 - - -16 -14 -13 - -94 7.72 2.46 -5.68 3.28
Preferred Stock Dividends Declared		 6.30 11 11 11 11 11 11 11 11 11 11
Basic Earnings per Share		 ($1.11) ($0.24) ($0.15) ($0.20) ($0.33) ($0.08) ($0.87) ($0.16) ($0.32) $0.14 ($0.08)
Weighted Average Basic Shares Outstanding		 130.82M 142.58M 230.32M 230.38M 230.46M 230.44M 230.26M 222.96M 220.89M 223.26M 214.04M
Diluted Earnings per Share		 ($1.11) ($0.24) ($0.15) ($0.20) ($0.33) ($0.08) ($0.87) ($0.16) ($0.32) $0.14 ($0.08)
Weighted Average Diluted Shares Outstanding		 130.82M 142.58M 230.32M 230.38M 230.46M 230.44M 230.26M 222.96M 220.89M 223.26M 214.04M
Weighted Average Basic & Diluted Shares Outstanding		 230.34M 230.34M 230.38M 230.47M 230.63M 230.78M 223.21M 220.97M 219.23M 214.19M 211.93M
Cash Dividends to Common per Share		 $0.40 - $0.40 $0.40 $0.28 - $0.28 $0.19 $0.19 - $0.19

Annual Cash Flow Statements for Global Net Lease

This table details how cash moves in and out of Global Net Lease's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents		 -1.31 12 21 -1.16 152 -153 -26 16 61 64 -36
Net Cash From Operating Activities		 102 114 131 145 146 177 192 182 144 299 223
Net Cash From Continuing Operating Activities		 102 114 131 145 146 177 192 183 144 299 223
Net Income / (Loss) Continuing Operations		 -2.02 48 24 11 46 11 11 12 -212 -132 -225
Consolidated Net Income / (Loss)		 -2.02 48 24 11 46 11 11 12 -212 -132 -225
Depreciation Expense		 48 50 59 65 69 80 94 96 121 176 133
Amortization Expense		 51 50 61 63 65 67 81 71 135 261 149
Non-Cash Adjustments to Reconcile Net Income		 -7.52 -29 -0.75 0.31 -14 13 -6.12 15 102 25 193
Changes in Operating Assets and Liabilities, net		 13 -5.03 -13 5.24 -21 5.32 13 -11 -2.71 -32 -27
Net Cash From Investing Activities		 -222 134 -79 -458 -294 -471 -437 -17 -552 760 1,805
Net Cash From Continuing Investing Activities		 -222 134 -79 -458 -294 -471 -437 -17 -552 760 1,805
Purchase of Property, Leasehold Improvements and Equipment		 - - -3.12 -1.45 -17 -6.38 -7.92 -30 -47 -46 -33
Purchase of Investment Securities		 -234 -0.20 -99 -480 -563 -464 -477 -34 -585 0.00 0.00
Sale and/or Maturity of Investments		 11 108 23 24 288 0.00 49 55 81 806 1,838
Net Cash From Financing Activities		 119 -237 -31 312 300 141 218 -150 469 -995 -2,064
Net Cash From Continuing Financing Activities		 119 -237 -31 312 300 141 218 -150 469 -995 -2,064
Issuance of Debt		 722 63 1,064 802 914 1,002 332 180 1,055 804 1,249
Issuance of Common Equity		 0.47 0.00 18 172 258 0.00 214 0.89 -0.14 0.00 0.00
Repayment of Debt		 -374 -179 -1,085 -504 -809 -684 -150 -137 -341 -1,474 -2,940
Repurchase of Common Equity		 -2.31 - - - 0.00 0.00 -0.16 -0.69 0.00 0.00 -122
Payment of Dividends		 -98 -122 -144 -158 -162 -173 -187 -188 -236 -316 -236
Other Financing Activities, Net		 -129 2.06 -15 0.00 -19 -15 -6.47 -10 -7.94 -8.64 -15
Cash Interest Paid		 25 36 44 49 58 67 82 87 137 249 169
Cash Income Taxes Paid		 1.59 3.78 9.44 4.35 5.04 5.46 17 14 13 13 10

Quarterly Cash Flow Statements for Global Net Lease

This table details how cash moves in and out of Global Net Lease's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
Net Change in Cash & Equivalents		 75 -10 19 -26 16 54 -16 -40 24 -4.10 -55
Net Cash From Operating Activities		 3.59 56 92 70 62 75 59 52 56 56 40
Net Cash From Continuing Operating Activities		 3.36 56 92 70 62 75 59 52 56 56 40
Net Income / (Loss) Continuing Operations		 -136 -49 -24 -36 -66 -6.52 -189 -24 -60 48 -5.08
Consolidated Net Income / (Loss)		 -136 -49 -24 -36 -66 -6.52 -189 -24 -60 48 -5.08
Depreciation Expense		 29 45 45 45 44 43 41 31 31 30 28
Amortization Expense		 28 73 68 73 60 60 62 34 27 27 26
Non-Cash Adjustments to Reconcile Net Income		 90 1.28 -6.73 2.75 44 -15 160 19 63 -50 -0.94
Changes in Operating Assets and Liabilities, net		 -6.92 -15 10 -15 -21 -6.37 -15 -7.09 -4.93 0.31 -8.90
Net Cash From Investing Activities		 -461 1.88 35 246 234 245 901 353 131 420 70
Net Cash From Continuing Investing Activities		 -461 1.88 35 246 234 245 901 353 131 420 70
Purchase of Property, Leasehold Improvements and Equipment		 -18 -18 -7.98 -11 -14 -13 -9.76 -9.82 -6.62 -7.19 -1.58
Sale and/or Maturity of Investments		 7.93 73 43 256 249 257 911 363 138 427 72
Net Cash From Financing Activities		 533 -68 -108 -342 -280 -265 -976 -445 -163 -480 -165
Net Cash From Continuing Financing Activities		 533 -68 -108 -342 -280 -265 -976 -445 -163 -480 -165
Issuance of Debt		 594 105 161 568 35 40 15 438 756 40 12
Repayment of Debt		 -3.58 -80 -175 -829 -241 -230 -896 -771 -844 -428 -85
Repurchase of Common Equity		 -0.77 -0.10 0.00 -0.37 -0.13 -0.49 -19 -57 -6.94 -39 -38
Payment of Dividends		 -50 -93 -93 -74 -74 -75 -75 -54 -53 -53 -52
Other Financing Activities, Net		 -6.77 -0.09 -0.94 -6.72 - - 0.00 -0.66 -15 0.79 -1.58

Annual Balance Sheets for Global Net Lease

This table presents Global Net Lease's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets		 2,541 2,891 3,039 3,309 3,702 3,967 4,183 3,962 8,099 6,956 4,347
Cash and Due from Banks		 70 70 102 100 270 124 90 103 122 160 180
Restricted Cash		 3.32 7.50 5.30 3.37 3.99 1.45 3.64 1.11 41 65 14
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net		 1,895 2,129 2,203 2,307 2,594 2,932 3,132 2,906 6,212 3,926 3,287
Deferred Acquisition Cost		 4.41 1.09 6.77 6.31 11 7.88 4.93 13 15 9.81 17
Goodwill		 - - - - - - - 21 47 51 46
Intangible Assets		 521 601 652 698 674 735 770 689 1,360 696 523
Other Assets		 47 78 69 194 148 166 182 227 302 2,048 280
Total Liabilities & Shareholders' Equity		 2,541 2,891 3,039 3,309 3,702 3,967 4,183 3,962 8,099 6,956 4,347
Total Liabilities		 1,320 1,535 1,624 1,881 1,992 2,413 2,556 2,508 5,460 4,769 2,684
Short-Term Debt		 723 632 315 368 207 131 226 670 1,749 1,394 329
Other Short-Term Payables		 19 23 26 34 27 33 - 28 110 65 56
Long-Term Debt		 525 803 1,215 1,409 1,670 2,154 2,201 1,726 3,404 2,675 2,193
Other Long-Term Liabilities		 53 78 69 70 88 72 130 82 196 635 106
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 1,220 1,356 1,414 1,429 1,710 1,554 1,627 1,454 2,639 2,187 1,663
Total Preferred & Common Equity		 1,205 1,348 1,413 1,425 1,698 1,533 1,621 1,439 2,638 2,187 1,663
Preferred Stock		 0.00 - - 0.05 0.10 0.11 0.11 0.12 0.24 0.24 0.24
Total Common Equity		 1,205 1,348 1,413 1,425 1,698 1,532 1,621 1,439 2,638 2,187 1,663
Common Stock		 1,482 1,711 1,862 2,034 2,411 2,421 2,678 2,686 4,354 4,363 4,253
Retained Earnings		 -273 -346 -468 -615 -733 -897 -1,072 -1,248 -1,702 -2,150 -2,611
Accumulated Other Comprehensive Income / (Loss)		 -3.65 -17 19 6.81 20 8.07 16 1.15 -14 -26 22

Quarterly Balance Sheets for Global Net Lease

This table presents Global Net Lease's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026
Total Assets		 3,966 4,041 4,002 8,185 7,969 7,613 7,336 5,789 4,985 4,765 4,152
Cash and Due from Banks		 128 119 101 133 132 122 127 147 145 165 125
Restricted Cash		 6.63 1.43 4.27 45 52 50 54 59 37 38 12
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net		 2,864 2,932 2,927 6,267 6,169 5,863 5,640 3,714 3,733 3,602 3,211
Deferred Acquisition Cost		 14 12 11 17 14 13 11 8.41 7.02 18 16
Goodwill		 20 22 22 51 49 50 52 45 46 46 46
Intangible Assets		 670 739 728 1,367 1,249 1,216 1,129 648 634 574 503
Other Assets		 262 216 209 305 304 299 323 1,168 383 323 240
Total Liabilities & Shareholders' Equity		 3,966 4,041 4,002 8,185 7,969 7,613 7,336 5,789 4,985 4,765 4,152
Total Liabilities		 2,481 2,630 2,647 5,391 5,442 5,189 5,061 3,874 3,153 3,064 2,591
Short-Term Debt		 605 769 1,040 1,610 1,764 1,737 1,603 547 751 670 292
Other Short-Term Payables		 33 36 36 129 112 97 102 - 58 56 41
Long-Term Debt		 1,751 1,734 1,489 3,453 3,372 3,165 3,174 2,686 2,230 2,228 2,156
Other Long-Term Liabilities		 92 91 81 199 194 190 181 641 114 109 102
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 1,485 1,412 1,355 2,793 2,527 2,423 2,275 1,916 1,832 1,701 1,561
Total Preferred & Common Equity		 1,472 1,394 1,336 2,792 2,525 2,421 2,273 1,916 1,832 1,701 1,561
Preferred Stock		 0.12 0.12 0.12 0.24 0.24 0.24 0.24 0.24 0.24 0.24 0.24
Total Common Equity		 1,472 1,394 1,336 2,819 2,525 2,421 2,272 1,915 1,832 1,701 1,561
Common Stock		 2,685 2,686 2,693 4,381 4,355 4,357 4,358 4,346 4,292 4,288 4,217
Retained Earnings		 -1,188 -1,296 -1,369 -1,561 -1,819 -1,929 -2,069 -2,415 -2,493 -2,607 -2,669
Accumulated Other Comprehensive Income / (Loss)		 -25 3.70 12 -0.60 -12 -6.83 -17 -16 33 20 13

Annual Metrics And Ratios for Global Net Lease

This table displays calculated financial ratios and metrics derived from Global Net Lease's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Growth Metrics		 - - - - - - - - - - -
Profitability Metrics		 - - - - - - - - - - -
Valuation Ratios		 - - - - - - - - - - -
Leverage & Solvency		 - - - - - - - - - - -
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Efficiency Ratios		 - - - - - - - - - - -
Capital & Investment Metrics		 - - - - - - - - - - -
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($0.03) $0.81 $0.30 $0.01 $0.40 ($0.09) ($0.20) ($0.09) ($1.71) ($0.76) ($1.21)
Adjusted Weighted Average Basic Shares Outstanding		 56.31M 66.27M 67.34M 69.41M 85.03M 89.47M 98.28M 103.69M 142.58M 230.44M 223.26M
Adjusted Diluted Earnings per Share		 ($0.03) $0.81 $0.30 $0.01 $0.39 ($0.09) ($0.20) ($0.09) ($1.71) ($0.76) ($1.21)
Adjusted Weighted Average Diluted Shares Outstanding		 56.31M 66.27M 67.34M 69.66M 86.35M 89.47M 98.28M 103.69M 142.58M 230.44M 223.26M
Adjusted Basic & Diluted Earnings per Share		 ($0.03) $0.81 $0.30 $0.01 $0.40 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 58.10M 56.72M 66.88M 83.84M 89.46M 90.57M 103.60M 103.80M 230.34M 230.78M 214.19M
Debt Service Ratios		 - - - - - - - - - - -
Payout Ratios		 - - - - - - - - - - -

Quarterly Metrics And Ratios for Global Net Lease

This table displays calculated financial ratios and metrics derived from Global Net Lease's official financial filings.

Metric Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026
DEI Shares Outstanding		 - - - - - - - - - - 214,186,001.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - - 214,186,001.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - - -0.02
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 14.82% 132.32% 124.04% 114.39% 58.03% 1.84% -13.99% -20.48% -7.94% - -12.61%
EBITDA Growth		 -143.02% 176.98% 148.59% 309.81% 428.04% 9.36% -58.18% -45.79% -59.14% - 24.01%
EBIT Growth		 -319.19% 140.35% 110.45% 1,687.35% 114.30% 73.11% -154.10% -46.39% -247.07% - 207.17%
NOPAT Growth		 -284.99% 140.35% 400.75% 1,687.35% 114.30% 73.11% -154.10% -46.39% -247.07% - 207.17%
Net Income Growth		 -1,017.81% -284.32% -2,568.65% -35.82% 51.80% 86.57% -697.35% 32.30% 8.41% - 97.32%
EPS Growth		 -1,333.33% -41.18% -150.00% 33.33% 70.27% 66.67% -480.00% 20.00% 3.03% - 90.80%
Operating Cash Flow Growth		 -93.31% 151.16% 46.29% 229.66% 1,629.08% 34.07% -35.82% -26.05% -9.81% - -32.94%
Free Cash Flow Firm Growth		 -1,786.11% -1,921.19% -4,098.46% -7,905.67% 119.94% 128.95% 167.23% 174.63% 201.82% - -53.33%
Invested Capital Growth		 104.56% 102.38% 95.73% 88.57% -10.24% -13.91% -32.81% -34.29% -34.78% - -22.13%
Revenue Q/Q Growth		 27.68% 66.62% 2.66% -1.84% -5.88% 7.37% -37.58% -9.71% 6.20% - -3.71%
EBITDA Q/Q Growth		 -179.39% 542.94% 8.92% 6.99% -36.45% 47.66% -58.77% 37.13% -53.18% - -47.05%
EBIT Q/Q Growth		 -2,586.30% 144.23% 47.98% 9.85% -80.11% 435.31% -144.88% 205.50% -135.58% - -69.22%
NOPAT Q/Q Growth		 -2,586.30% 144.23% 47.98% 9.85% -80.11% 435.31% -144.88% 205.50% -135.58% - -73.48%
Net Income Q/Q Growth		 -418.64% 64.33% 51.11% -50.16% -84.04% 90.06% -2,803.70% 87.25% -149.00% - -110.54%
EPS Q/Q Growth		 -270.00% 78.38% 37.50% -33.33% -65.00% 75.76% -987.50% 81.61% -100.00% - -157.14%
Operating Cash Flow Q/Q Growth		 -83.17% 1,452.80% 65.23% -23.68% -11.70% 20.40% -20.90% -12.07% 7.70% - -28.59%
Free Cash Flow Firm Q/Q Growth		 -9,483.97% 4.09% 5.31% 8.40% 123.97% 39.29% 119.93% 1.73% -3.57% - -46.15%
Invested Capital Q/Q Growth		 102.25% -0.81% -1.66% -4.41% -3.73% -4.87% -23.26% -6.51% -4.45% - -4.22%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 -29.48% 78.36% 83.13% 90.61% 61.19% 84.14% 55.58% 84.41% 37.21% - 78.86%
EBIT Margin		 -76.07% 20.19% 29.11% 32.57% 6.88% 34.32% -24.68% 28.84% -9.66% - 30.27%
Profit (Net Income) Margin		 -112.19% -24.02% -11.44% -17.50% -34.22% -3.17% -147.31% -20.80% -48.76% - -4.52%
Tax Burden Percent		 102.10% 112.66% 111.18% 99.30% 102.09% 117.30% 206.10% 83.65% 101.06% - 75.58%
Interest Burden Percent		 144.45% -105.59% -35.35% -54.10% -486.82% -7.87% 289.59% -86.23% 499.44% - -19.76%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Return on Invested Capital (ROIC)		 -3.61% 1.24% 2.20% 2.99% 0.52% 2.68% -2.13% 2.52% -0.87% - 2.17%
ROIC Less NNEP Spread (ROIC-NNEP)		 -5.54% -0.80% 0.48% 0.78% -1.00% 1.52% -6.12% 1.32% -2.22% - 1.15%
Return on Net Nonoperating Assets (RNNOA)		 -9.60% -1.48% 0.92% 1.53% -1.94% 3.05% -11.53% 2.44% -4.28% - 1.88%
Return on Equity (ROE)		 -13.21% -0.24% 3.13% 4.52% -1.42% 5.74% -13.66% 4.96% -5.15% - 4.05%
Cash Return on Invested Capital (CROIC)		 -69.18% -67.94% -64.59% -60.45% 12.49% 16.98% 40.57% 42.44% 42.96% - 27.42%
Operating Return on Assets (OROA)		 -4.96% 1.71% 3.04% 4.12% 0.71% 3.69% -2.83% 3.47% -1.19% - 2.85%
Return on Assets (ROA)		 -7.32% -2.04% -1.19% -2.21% -3.55% -0.34% -16.88% -2.50% -6.03% - -0.43%
Return on Common Equity (ROCE)		 -13.25% -0.24% 3.11% 4.50% -1.43% 5.73% -13.65% 4.96% -5.14% - 4.05%
Return on Equity Simple (ROE_SIMPLE)		 -6.30% 0.00% -9.30% -10.09% -7.64% 0.00% -15.52% -15.59% -16.47% - -2.64%
Net Operating Profit after Tax (NOPAT)		 -65 29 42 46 9.24 49 -22 23 -8.34 - 24
NOPAT Margin		 -53.25% 14.13% 20.37% 22.80% 4.82% 24.03% -17.28% 20.19% -6.76% - 21.19%
Net Nonoperating Expense Percent (NNEP)		 1.93% 2.04% 1.73% 2.21% 1.52% 1.16% 3.99% 1.21% 1.35% - 1.02%
SG&A Expenses to Revenue		 11.22% 18.31% 18.22% 17.43% 17.47% 17.29% 10.85% 10.35% 10.28% - 11.50%
Operating Expenses to Revenue		 176.07% 79.81% 70.89% 67.43% 93.12% 65.68% 124.68% 71.16% 109.66% - 69.73%
Earnings before Interest and Taxes (EBIT)		 -92 41 60 66 13 71 -32 33 -12 - 34
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 -36 158 173 185 117 173 71 98 46 - 89
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.30 0.72 0.66 0.67 0.83 0.74 0.94 0.90 1.03 - 1.26
Price to Tangible Book Value (P/TBV)		 0.60 1.55 1.35 1.41 1.72 1.50 1.48 1.43 1.62 - 1.94
Price to Revenue (P/Rev)		 2.11 3.73 2.65 2.22 2.33 2.00 2.29 2.17 2.34 - 4.20
Price to Earnings (P/E)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Dividend Yield		 20.03% 18.75% 20.89% 19.53% 15.45% 16.80% 14.07% 13.79% 11.72% - 8.28%
Earnings Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Enterprise Value to Invested Capital (EV/IC)		 0.73 0.89 0.86 0.87 0.92 0.88 0.94 0.92 0.97 - 1.07
Enterprise Value to Revenue (EV/Rev)		 14.44 13.50 10.56 8.66 8.04 7.31 6.13 5.86 5.95 - 9.13
Enterprise Value to EBITDA (EV/EBITDA)		 42.08 29.10 19.44 13.26 10.23 9.13 8.81 9.54 11.14 - 10.70
Enterprise Value to EBIT (EV/EBIT)		 0.00 0.00 523.37 84.50 35.81 28.08 40.15 48.62 62.34 - 25.75
Enterprise Value to NOPAT (EV/NOPAT)		 0.00 0.00 747.67 120.71 51.15 40.11 57.36 69.45 89.06 - 36.79
Enterprise Value to Operating Cash Flow (EV/OCF)		 51.92 48.02 38.27 28.67 23.09 19.76 18.13 17.90 18.38 - 21.03
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 6.96 4.81 1.86 1.72 1.78 - 3.41
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 1.81 1.95 2.03 2.02 2.10 2.07 1.69 1.63 1.70 - 1.57
Long-Term Debt to Equity		 1.24 1.29 1.33 1.31 1.40 1.43 1.40 1.22 1.31 - 1.38
Financial Leverage		 1.73 1.84 1.94 1.97 1.94 2.00 1.88 1.85 1.93 - 1.63
Leverage Ratio		 2.84 2.95 3.05 3.07 3.06 3.12 3.10 2.96 3.04 - 2.86
Compound Leverage Factor		 4.10 -3.11 -1.08 -1.66 -14.91 -0.25 8.97 -2.55 15.20 - -0.57
Debt to Total Capital		 64.45% 66.13% 67.03% 66.92% 67.74% 67.40% 62.79% 61.93% 63.02% - 61.06%
Short-Term Debt to Total Capital		 20.50% 22.45% 23.02% 23.72% 22.72% 20.78% 10.63% 15.61% 14.57% - 7.28%
Long-Term Debt to Total Capital		 43.95% 43.68% 44.01% 43.20% 45.01% 46.62% 52.16% 46.32% 48.44% - 53.78%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.01% - 0.01%
Noncontrolling Interests to Total Capital		 0.02% 0.02% 0.02% 0.03% 0.04% 0.00% 0.00% 0.00% 0.00% - 0.00%
Common Equity to Total Capital		 35.89% 33.85% 32.95% 33.05% 32.22% 32.59% 37.20% 38.06% 36.98% - 38.94%
Debt to EBITDA		 37.25 21.73 15.09 10.21 7.54 6.98 5.89 6.40 7.26 - 6.12
Net Debt to EBITDA		 35.93 21.04 14.55 9.85 7.26 6.63 5.52 6.01 6.75 - 5.78
Long-Term Debt to EBITDA		 25.40 14.35 9.91 6.59 5.01 4.83 4.90 4.79 5.58 - 5.39
Debt to NOPAT		 -168.53 -385.98 580.34 92.98 37.73 30.66 38.38 46.61 58.02 - 21.06
Net Debt to NOPAT		 -162.59 -373.82 559.58 89.71 36.30 29.14 35.93 43.76 53.97 - 19.88
Long-Term Debt to NOPAT		 -114.93 -254.95 381.03 60.03 25.07 21.21 31.88 34.86 44.60 - 18.55
Noncontrolling Interest Sharing Ratio		 -0.31% 0.41% 0.49% 0.58% -0.46% 0.04% 0.05% 0.06% 0.08% - 0.01%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -4,080 -3,913 -3,706 -3,394 813 1,133 2,492 2,535 2,444 - 1,163
Operating Cash Flow to CapEx		 19.52% 314.71% 1,155.79% 669.89% 434.33% 582.32% 606.47% 529.64% 846.44% - 2,519.11%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.07 0.08 0.10 0.13 0.10 0.11 0.11 0.12 0.12 - 0.09
Fixed Asset Turnover		 0.09 0.11 0.14 0.17 0.14 0.14 0.16 0.16 0.16 - 0.14
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 7,856 7,792 7,663 7,325 7,052 6,709 5,148 4,813 4,599 - 4,009
Invested Capital Turnover		 0.07 0.09 0.11 0.13 0.11 0.11 0.12 0.13 0.13 - 0.10
Increase / (Decrease) in Invested Capital		 4,016 3,942 3,748 3,441 -804 -1,084 -2,514 -2,512 -2,453 - -1,139
Enterprise Value (EV)		 5,720 6,902 6,617 6,364 6,476 5,916 4,832 4,442 4,449 - 4,276
Market Capitalization		 834 1,909 1,663 1,632 1,877 1,619 1,805 1,643 1,753 - 1,965
Book Value per Share		 $27.00 $11.45 $10.96 $10.51 $9.86 $9.48 $8.30 $8.21 $7.70 - $7.29
Tangible Book Value per Share		 $13.42 $5.34 $5.33 $5.01 $4.73 $4.67 $5.30 $5.16 $4.89 - $4.73
Total Capital		 7,856 7,792 7,663 7,325 7,052 6,709 5,148 4,813 4,599 - 4,009
Total Debt		 5,063 5,153 5,136 4,902 4,777 4,522 3,233 2,981 2,898 - 2,448
Total Long-Term Debt		 3,453 3,404 3,372 3,165 3,174 3,128 2,686 2,230 2,228 - 2,156
Net Debt		 4,885 4,991 4,952 4,729 4,596 4,298 3,027 2,799 2,696 - 2,311
Capital Expenditures (CapEx)		 18 18 7.98 11 14 13 9.76 9.82 6.62 - 1.58
Net Nonoperating Expense (NNE)		 72 77 66 82 75 56 167 48 52 - 29
Net Nonoperating Obligations (NNO)		 5,063 5,153 5,136 4,902 4,777 4,522 3,233 2,981 2,898 - 2,448
Total Depreciation and Amortization (D&A)		 57 118 112 118 104 103 103 65 58 - 55
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($1.11) ($0.24) ($0.15) ($0.20) ($0.33) ($0.08) ($0.87) ($0.16) ($0.32) $0.14 ($0.08)
Adjusted Weighted Average Basic Shares Outstanding		 130.82M 142.58M 230.32M 230.38M 230.46M 230.44M 230.26M 222.96M 220.89M 223.26M 214.04M
Adjusted Diluted Earnings per Share		 ($1.11) ($0.24) ($0.15) ($0.20) ($0.33) ($0.08) ($0.87) ($0.16) ($0.32) $0.14 ($0.08)
Adjusted Weighted Average Diluted Shares Outstanding		 130.82M 142.58M 230.32M 230.38M 230.46M 230.44M 230.26M 222.96M 220.89M 223.26M 214.04M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 230.34M 230.34M 230.38M 230.47M 230.63M 230.78M 223.21M 220.97M 219.23M 214.19M 211.93M
Normalized Net Operating Profit after Tax (NOPAT)		 12 34 42 43 41 50 27 31 36 - 29
Normalized NOPAT Margin		 10.27% 17.01% 20.11% 21.04% 21.15% 24.22% 21.22% 26.38% 28.92% - 25.94%
Pre Tax Income Margin		 -109.88% -21.32% -10.29% -17.62% -33.52% -2.70% -71.48% -24.86% -48.25% - -5.98%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 -108.31% -111.57% -120.24% -126.90% -192.53% -240.41% -100.43% -97.47% -91.83% - -517.95%
Augmented Payout Ratio		 -108.93% -112.13% -120.77% -127.43% -192.90% -241.20% -107.31% -124.43% -121.60% - -860.63%

Financials Breakdown Chart

Key Financial Trends

Here are the key takeaways from Global Net Lease’s latest quarterly results (Q4 2025) and a quick look at the four-year trend for liquidity, profitability, and leverage.

  • Net income attributable to common shareholders in Q4 2025: $37.25 million, turning positive versus Q4 2024’s loss.
  • Consolidated net income in Q4 2025: $48.18 million, showing company-wide profitability for the quarter.
  • Diluted earnings per share (EPS) in Q4 2025: $0.14, consistent with quarterly profitability and investor-perceived earnings quality.
  • Net cash from continuing operating activities in Q4 2025: $55.56 million, indicating solid operating cash flow.
  • Total revenue in Q4 2025: $116.69 million (neutral perspective; product of quarterly movements, with Q3 2025 higher at $123.28 million).
  • Proceeds from sale/maturity of investments in Q4 2025: $427.05 million, contributing to liquidity; net cash from continuing investing activities: $419.86 million.
  • Issuance of debt in Q4 2025: $40.00 million, providing additional liquidity, though debt management remains a factor for leverage.
  • Other special charges in Q4 2025: −$100.63 million, a sizable drag on quarterly profitability.
  • Nonoperating income / (expense), net in Q4 2025: −$44.18 million, reducing pre-tax results.
  • Net change in cash & equivalents in Q4 2025: −$4.10 million, reflecting financing/ investing activity mix rather than core operating weakness.
05/11/26 12:57 PM ETAI Generated. May Contain Errors.

Global Net Lease Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Global Net Lease's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

Global Net Lease's net income appears to be on an upward trend, with a most recent value of -$225.46 million in 2025, rising from -$2.02 million in 2015. The previous period was -$131.57 million in 2024. See Global Net Lease's forecast for analyst expectations on what's next for the company.

Over the last 10 years, Global Net Lease's total revenue changed from $410.60 million in 2015 to $484.61 million in 2025, a change of 18.0%.

Global Net Lease's total liabilities were at $2.68 billion at the end of 2025, a 43.7% decrease from 2024, and a 103.2% increase since 2015.

In the past 10 years, Global Net Lease's cash and equivalents has ranged from $69.83 million in 2016 to $270.30 million in 2019, and is currently $180.11 million as of their latest financial filing in 2025.


Related Companies

Financial statements for NYSE:GNL last updated on 5/8/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners
SpaceX eyes a 1.75 trillion valuation - here's what to know
Elon Musk's team has quietly filed confidential paperwork with the SEC for what Bloomberg estimates could be a...
Brownstone Research | Sponsoredtc pixel
$30 stock to buy before Starlink goes public (WATCH NOW!)
A little-known stock pick with money-doubling potential over the next year is revealed for free in the first t...
Paradigm Press | Sponsoredtc pixel
Your book attached
Your Download Link (Expiring) If you still haven't downloaded the free Simple Options Trading For Beginners...
Profits Run | Sponsoredtc pixel
My feud with Zohran Mamdani
Emmy-winning analyst releases his next big story Whitney Tilson shocked the nation on 60 Minutes when he ac...
Stansberry Research | Sponsoredtc pixel
Trade this between 9:30 and 10:45 am EST
The first 75 minutes of the trading day may be the most overlooked window for consistent opportunities.If you ...
Base Camp Trading | Sponsoredtc pixel
Iran War Shock: What I Was Told In That Private Meeting
You’re Being LIED To About The Iran War Forget EVERYTHING you’ve heard about the Iran war. Especially th...
Banyan Hill Publishing | Sponsoredtc pixel
Satellite Images Spot Potential $10 Trillion Discovery
'Dark Energy': Elon Musk's Next Potential $10 Trillion Move A highly secure site in West Texas now houses a...
Altimetry | Sponsoredtc pixel
Why this tiny stock may move before the SpaceX IPO drops
The projected SpaceX and xAI S-1 filing hits the SEC on June 1st - and analyst Dylan Jovine says $1.75 trillio...
Behind the Markets | Sponsoredtc pixel