Financial Ratios Global Net Lease, Inc. NYSE

Stocks

GNL.PRE

US3793786076

Commercial REITs

End-of-day quote NYSE 17/08/2026			5-day change	1st Jan Change
23.08 ^USD	-0.82%		-0.19%	-3.61%

08-06	Global Net Lease, Inc., Q2 2026 Earnings Call, Aug 06, 2026
08-06	Earnings Flash (GNL) Global Net Lease, Inc. Reports Q2 Revenue $112.5M, vs. FactSet Est of $109.7M	MT

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Published financial data: GLOBAL NET LEASE, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Rental Revenues	391M	379M	515M	805M	495M
Tenant Reimbursements	-	-	-	-	-
Total Revenues	391M	379M	515M	805M	495M
Property Expenses	71.94M	73.24M	151M	149M	57.87M
Selling General & Admin Expenses, Total	17.23M	17.74M	40.19M	57.73M	52.75M
Depreciation & Amortization - (IS) - (Collected)	163M	154M	222M	350M	191M
Stock-Based Compensation (IS)	11.03M	12.07M	17.3M	8.93M	12.51M
Total Operating Expenses	263M	257M	430M	565M	314M
Operating Income (REIT / Utility Template)	128M	122M	84.7M	240M	181M
Interest Expense, Total	-94.34M	-97.51M	-179M	-327M	-195M
Net Interest Expenses	-94.34M	-97.51M	-179M	-327M	-195M
Currency Exchange Gains (Loss)	-	2.44M	-	3.25M	-12.64M
Other Non Operating Income (Expenses)	5.95M	19.62M	-1.42M	5.95M	-6.34M
EBT, Excl. Unusual Items	39.56M	46.33M	-96.13M	-77.86M	-32.74M
Total Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-7.13M
Gain (Loss) on Sale of Assets	1.48M	325K	-1.67M	57.02M	94.69M
Asset Writedown	-17.52M	-21.56M	-68.68M	-90.41M	-158M
Insurance Settlements	-	-	-	-	-
Legal Settlements	-	-	-29.73M	-	-
Other Unusual Items	-	-2.04M	-1.22M	-15.88M	-11.22M
EBT, Incl. Unusual Items	23.52M	23.06M	-197M	-127M	-114M
Income Tax Expense	12.15M	11.03M	14.48M	4.44M	21.8M
Earnings From Continuing Operations	11.37M	12.02M	-212M	-132M	-136M
Earnings Of Discontinued Operations	-	-	-	-	-89.71M
Net Income to Company	11.37M	12.02M	-212M	-132M	-225M
Minority Interest	-	-	-	-	-
Net Income - (IS)	11.37M	12.02M	-212M	-132M	-225M
Preferred Dividend and Other Adjustments	31.42M	21.32M	31.32M	44.4M	45.64M
Net Income to Common Incl Extra Items	-20.05M	-9.3M	-243M	-176M	-271M
Net Income to Common Excl. Extra Items	-20.05M	-9.3M	-243M	-176M	-181M
Per Share Items
Net EPS - Basic	-0.2	-0.09	-1.71	-0.76	-1.21
Basic EPS - Continuing Operations	-0.2	-0.09	-1.71	-0.76	-0.81
Basic Weighted Average Shares Outstanding	98.28M	104M	143M	230M	223M
Net EPS - Diluted	-0.2	-0.09	-1.71	-0.76	-1.21
Diluted EPS - Continuing Operations	-0.2	-0.09	-1.71	-0.76	-0.81
Diluted Weighted Average Shares Outstanding	98.28M	104M	143M	230M	223M
Normalized Basic EPS	0.25	0.28	-0.42	-0.21	-0.09
Normalized Diluted EPS	0.25	0.28	-0.42	-0.21	-0.09
Dividend Per Share	1.6	1.6	1.55	1.18	0.84
Payout Ratio	1.55K	1.56K	-110.06	-240.31	-104.59
Supplemental Items
EBITDA	290M	276M	312M	596M	374M
EBITA	196M	180M	190M	420M	251M
EBIT	128M	122M	84.7M	240M	181M
EBITDAR	292M	278M	313M	598M	376M
Total Revenues (As Reported)	-	-	-	-	-
Effective Tax Rate - (Ratio)	51.67	47.85	-7.33	-3.5	-19.13
Current Domestic Taxes	177K	175K	199K	134K	300K
Current Foreign Taxes	14.13M	12.81M	16.66M	4.57M	9.76M
Total Current Taxes	14.3M	12.99M	16.86M	4.7M	10.06M
Deferred Foreign Taxes	-2.15M	-1.96M	-2.38M	-258K	11.74M
Total Deferred Taxes	-2.15M	-1.96M	-2.38M	-258K	11.74M
Normalized Net Income	24.72M	28.96M	-60.08M	-48.66M	-20.47M
Supplemental Operating Expense Items
General and Administrative Expenses	17.23M	17.74M	40.19M	57.73M	52.75M
Net Rental Expense, Total	1.4M	1.3M	1.4M	1.5M	1.6M
Imputed Operating Lease Interest Expense	444K	416K	528K	803K	748K
Imputed Operating Lease Depreciation	956K	884K	872K	697K	852K
Stock-Based Comp., Other (Total)	11.1M	12.1M	39.19M	8.93M	12.51M
Total Stock-Based Compensation	11.1M	12.1M	39.19M	8.93M	12.51M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Gross Property Plant And Equipment	4B	4.54B	8.73B	7.6B	4.84B
Accumulated Depreciation	-432M	-891M	-1.08B	-1.16B	-967M
Net Property Plant And Equipment	3.56B	3.64B	7.65B	6.44B	3.87B
Total Real Estate Assets	3.56B	3.64B	7.65B	6.44B	3.87B
Cash And Equivalents	89.67M	103M	122M	160M	180M
Accounts Receivable, Total	74.22M	73.04M	90.85M	106M	72.92M
Other Receivables	-	464K	-	-	27.93M
Goodwill	-	-	46.98M	51.37M	45.9M
Other Intangibles, Total	392M	21.36M	-	-	-
Notes Receivable (Collected)	-	-	-	-	-
Restricted Cash	3.64M	1.11M	40.83M	64.51M	13.95M
Other Current Assets, Total	52.22M	70.85M	120M	121M	110M
Trading Asset Securities, Total	1.22M	30.78M	9.15M	260K	-
Deferred Tax Assets Long-Term (Collected)	1.49M	3.65M	4.81M	4.87M	5.17M
Deferred Charges Long-Term	4.92M	12.81M	15.41M	9.81M	16.81M
Total Assets	4.18B	3.96B	8.1B	6.96B	4.35B
Liabilities
Current Portion of Long-Term Debt	2.92M	-	343M	468M	95.81M
Current Portion of Leases	1.4M	1.32M	4.2M	3.75M	3.46M
Short-Term Borrowings	-	-	64.02M	-	-
Long-Term Debt	2.43B	2.4B	4.74B	4.05B	2.42B
Long-Term Leases	21.37M	20.55M	44.17M	44.58M	37.96M
Accounts Payable, Total	25.89M	22.89M	99.01M	75.74M	43.82M
Accrued Expenses, Total	-	-	-	-	-
Current Income Taxes Payable	-	-	-	-	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	6.73M	5.52M	14.21M	12.54M	16.97M
Unearned Revenue Non Current	32.76M	28.46M	46.21M	28.73M	28.25M
Deferred Tax Liability Non-Current	8.25M	7.26M	6.01M	5.48M	17.8M
Other Non Current Liabilities	30.24M	25.73M	95.81M	76.8M	17.5M
Total Liabilities	2.56B	2.51B	5.46B	4.77B	2.68B
Preferred Stock Redeemable	113K	115K	240K	240K	240K
Total Preferred Equity	113K	115K	240K	240K	240K
Common Stock, Total	2.37M	2.37M	3.64M	3.64M	3.49M
Additional Paid In Capital	2.68B	2.68B	4.35B	4.36B	4.25B
Retained Earnings	-1.07B	-1.25B	-1.7B	-2.15B	-2.61B
Comprehensive Income and Other	15.55M	1.15M	-14.1M	-25.84M	22.17M
Total Common Equity	1.62B	1.44B	2.64B	2.19B	1.66B
Minority Interest	5.92M	14.9M	1.4M	-	-
Total Equity	1.63B	1.45B	2.64B	2.19B	1.66B
Total Liabilities And Equity	4.18B	3.96B	8.1B	6.96B	4.35B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	103M	103M	230M	230M	214M
ECS Total Common Shares Outstanding	104M	104M	230M	231M	216M
Book Value / Share	15.64	13.86	11.45	9.48	7.71
Tangible Book Value	1.23B	1.42B	2.59B	2.14B	1.62B
Tangible Book Value Per Share	11.86	13.66	11.25	9.26	7.49
Total Debt	2.45B	2.42B	5.2B	4.57B	2.56B
Net Debt	2.36B	2.28B	5.07B	4.41B	2.38B
Debt Equivalent Oper. Leases	11.2M	10.4M	11.2M	12M	12.8M
Minority Interest, Total (Incl. Fin. Div)	5.92M	14.9M	1.4M	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	512M	494M	1.43B	1.17B	659M
Buildings, Total	3.42B	3.28B	5.84B	5.29B	3.59B
Full Time Employees	1	1	77	73	56

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	11.37M	12.02M	-212M	-132M	-225M
Depreciation, Depletion & Amortization	95.03M	97.03M	122M	177M	124M
Amortization of Goodwill and Intangible Assets - (CF)	68.29M	58.3M	106M	180M	70.32M
Total Depreciation, Depletion & Amortization	163M	155M	228M	357M	195M
Amortization of Deferred Charges, Total	11.35M	11.8M	28.4M	79.81M	57.74M
(Gain) Loss On Sale of Asset - (CF)	-1.48M	-325K	1.67M	-57.02M	-43.28M
Total Asset Writedown	17.52M	21.56M	68.68M	90.41M	165M
Stock-Based Compensation (CF)	11.03M	12.07M	17.3M	8.93M	12.51M
Provision and Write-off of Bad Debts	1.13M	677K	-	-	-
Change in Accounts Payable	-3.53M	-3.05M	-9.64M	-22.18M	-30.37M
Change in Unearned Revenues	11.28M	-4.3M	-682K	-15.54M	-480K
Change In Income Taxes	-	-	-	-	-
Change In Deferred Taxes	-3.02M	-2.45M	-2.78M	669K	10.57M
Change in Other Net Operating Assets (Collected)	3.71M	-4.36M	7.6M	6.21M	4.22M
Other Operating Activities	-30.17M	-17.15M	17.22M	-17.7M	48.08M
Net Cash From Discontinued Operations	-	-	-	-	29.76M
Cash from Operations	192M	182M	144M	299M	223M
Acquisition of Real Estate Assets, Total	-485M	-71.22M	-181M	-45.63M	-33.39M
Sale of Real Estate Assets, Total	48.75M	54.68M	80.88M	803M	1.84B
Net Sale / Acquisition of Real Estate Assets	-437M	-16.54M	-101M	758M	1.8B
Cash Acquisitions	-	-	-451M	-	-
Other Investing Activities, Total	-	-	-	2.12M	-
Cash from Investing	-437M	-16.54M	-552M	760M	1.8B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	332M	180M	1.05B	804M	1.25B
Total Debt Issued	332M	180M	1.05B	804M	1.25B
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-150M	-137M	-340M	-1.46B	-2.94B
Total Debt Repaid	-150M	-137M	-340M	-1.46B	-2.94B
Issuance of Common Stock	214M	894K	-	-	-
Repurchase of Common Stock	-156K	-686K	-1.19M	-1.04M	-122M
Issuance of Preferred Stock	15.88M	4.72M	-	-	-
Common Dividends Paid	-156M	-167M	-207M	-272M	-192M
Preferred Dividends Paid	-19.83M	-20.3M	-26.23M	-43.74M	-43.74M
Common & Preferred Stock Dividends Paid	-176M	-187M	-233M	-316M	-236M
Other Financing Activities, Total	-17.47M	-11M	-11.08M	-23.62M	-19.89M
Cash from Financing	218M	-150M	469M	-995M	-2.06B
Foreign Exchange Rate Adjustments	-6.63M	-4.41M	-2.9M	-2.21M	5.81M
Net Change in Cash	-32.38M	11.13M	57.95M	61.81M	-30.14M
Supplemental Items
Cash Interest Paid	82.15M	87.36M	137M	249M	169M
Cash Income Tax Paid (Refund)	16.76M	13.74M	12.5M	13.12M	10.5M
Net Debt Issued / Repaid	182M	43.47M	715M	-655M	-1.69B
Levered Free Cash Flow	171M	145M	168M	281M	1.48B
Unlevered Free Cash Flow	219M	195M	252M	407M	1.55B
Change In Net Working Capital	28.2M	19.58M	21.46M	65.4M	-1.26B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	1.96	1.87	0.88	1.99	2
Return on Total Capital	2.01	1.91	0.9	2.05	2.15
Return On Equity %	0.71	0.78	-10.35	-5.45	-7.05
Return on Common Equity	-1.27	-0.61	-11.93	-7.3	-9.42
Margin Analysis
Gross Profit Margin %	81.61	80.67	70.76	81.55	88.32
SG&A Margin	4.4	4.68	7.8	7.17	10.65
EBITDA Margin %	74.21	72.92	60.51	74.06	75.61
EBITA Margin %	50.16	47.53	36.96	52.17	50.74
EBIT Margin %	32.71	32.14	16.44	29.8	36.54
Income From Continuing Operations Margin %	2.91	3.17	-41.14	-16.34	-27.41
Net Income Margin %	2.91	3.17	-41.14	-16.34	-45.52
Net Avail. For Common Margin %	-5.13	-2.46	-47.22	-21.86	-36.62
Normalized Net Income Margin	6.32	7.64	-11.66	-6.04	-4.13
Levered Free Cash Flow Margin	43.62	38.24	32.52	34.88	299.42
Unlevered Free Cash Flow Margin	55.98	51.57	48.95	50.5	312.75
Asset Turnover
Asset Turnover	0.1	0.09	0.09	0.11	0.09
Fixed Assets Turnover	0.11	0.1	0.09	0.11	0.12
Receivables Turnover (Average Receivables)	5.79	5.15	6.29	8.17	5.85
Short Term Liquidity
Current Ratio	5.98	9.4	0.73	0.81	2.53
Quick Ratio	4.47	6.98	0.42	0.48	1.76
Operating Cash Flow to Current Liabilities	5.21	6.12	0.27	0.54	1.39
Days Sales Outstanding (Average Receivables)	63.08	70.94	58.07	44.8	62.43
Average Days Payable Outstanding	137.5	121.54	147.71	215.31	304.96
Long Term Solvency
Total Debt/Equity	150.77	166.31	196.98	208.94	153.85
Total Debt / Total Capital	60.12	62.45	66.33	67.63	60.61
LT Debt/Equity	150.5	166.22	181.39	187.39	147.89
Long-Term Debt / Total Capital	60.02	62.42	61.08	60.66	58.26
Total Liabilities / Total Assets	61.11	63.3	67.41	68.56	61.73
EBIT / Interest Expense	1.36	1.25	0.47	0.73	0.93
EBITDA / Interest Expense	3.09	2.85	1.75	1.83	1.93
(EBITDA - Capex) / Interest Expense	3.01	2.54	1.48	1.69	1.76
Total Debt / EBITDA	8.41	8.71	16.6	7.65	6.81
Net Debt / EBITDA	8.1	8.23	16.19	7.38	6.33
Total Debt / (EBITDA - Capex)	8.64	9.77	19.56	8.28	7.47
Net Debt / (EBITDA - Capex)	8.32	9.22	19.07	7.99	6.94
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	18.52	-3.16	35.95	56.29	-13.08
Gross Profit, 1 Yr. Growth %	22.21	-4.28	19.25	80.13	-12.42
EBITDA, 1 Yr. Growth %	22.05	-4.84	12.82	91.26	-15.75
EBITA, 1 Yr. Growth %	24.68	-8.24	5.72	120.59	-18.14
EBIT, 1 Yr. Growth %	28.73	-4.83	-30.45	183.21	-18.24
Earnings From Cont. Operations, 1 Yr. Growth %	5.46	5.78	-1.86K	-37.91	71.05
Net Income, 1 Yr. Growth %	5.46	5.78	-1.86K	-37.91	71.36
Diluted EPS Before Extra, 1 Yr. Growth %	121.47	-55.89	1.8K	-55.34	50.46
Normalized Net Income, 1 Yr. Growth %	102.86	17.12	-307.49	-19.01	26.82
Net Property, Plant and Equip., 1 Yr. Growth %	7.69	-7.35	109.89	-15.84	-17.37
Accounts Receivable, 1 Yr. Growth %	21.66	-1.6	24.39	16.89	-24.44
Total Assets, 1 Yr. Growth %	5.44	-5.29	104.43	-14.12	-37.5
Common Equity, 1 Yr. Growth %	5.76	-11.21	83.3	-17.09	-23.94
Tangible Book Value, 1 Yr. Growth %	10.06	-11.32	82.75	-17.57	-24.26
Cash From Operations, 1 Yr. Growth %	8.84	-5.54	-20.94	108.34	-25.61
Capital Expenditures, 1 Yr. Growth %	24.14	277.86	57.96	-3.53	-26.83
Levered Free Cash Flow, 1 Yr. Growth %	1.93	-15.11	15.63	67.61	-242.62
Unlevered Free Cash Flow, 1 Yr. Growth %	7.12	-10.8	29.04	61.25	-261.59
Dividend Per Share, 1 Yr. Growth %	-7.65	0	-2.88	-24.13	-28.33
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	13.03	7.13	14.74	45.77	5.41
Gross Profit, 2 Yr. CAGR %	14.56	8.15	6.84	46.56	17.17
EBITDA, 2 Yr. CAGR %	13.73	7.77	3.61	46.9	18.02
EBITA, 2 Yr. CAGR %	12.45	6.96	-1.51	52.71	25.82
EBIT, 2 Yr. CAGR %	14.47	10.69	-18.64	40.35	46.09
Earnings From Cont. Operations, 2 Yr. CAGR %	-50.55	5.62	331.79	230.81	-15.74
Net Income, 2 Yr. CAGR %	-50.55	5.62	331.79	230.81	3.15
Diluted EPS Before Extra, 2 Yr. CAGR %	-27.67	-1.16	189.5	191.29	-28.06
Normalized Net Income, 2 Yr. CAGR %	7.06	54.14	55.89	29.63	-34.12
Net Property, Plant and Equip., 2 Yr. CAGR %	10.95	4.94	39.45	32.91	-28.83
Accounts Receivable, 2 Yr. CAGR %	19.71	9.42	10.64	20.58	-10.41
Total Assets, 2 Yr. CAGR %	6.3	-0.07	39.15	32.5	-26.74
Common Equity, 2 Yr. CAGR %	-2.29	-3.1	27.57	23.28	-20.59
Tangible Book Value, 2 Yr. CAGR %	-1.79	12.67	27.3	22.73	-20.99
Cash From Operations, 2 Yr. CAGR %	14.82	1.4	-13.59	28.34	24.5
Capital Expenditures, 2 Yr. CAGR %	-32.41	116.58	144.31	23.45	-15.98
Levered Free Cash Flow, 2 Yr. CAGR %	-14.63	-6.98	-0.9	39.23	228.04
Unlevered Free Cash Flow, 2 Yr. CAGR %	-9.49	-2.25	7.3	44.26	172.09
Dividend Per Share, 2 Yr. CAGR %	-13.33	-3.9	-1.45	-14.16	-26.26
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	11.5	7.35	15.99	27.19	9.34
Gross Profit, 3 Yr. CAGR %	14.22	7.9	11.73	27.16	12.7
EBITDA, 3 Yr. CAGR %	12.79	7.17	9.43	27.1	10.67
EBITA, 3 Yr. CAGR %	12.59	5.08	6.55	28.86	11.75
EBIT, 3 Yr. CAGR %	16.17	7.64	-5.19	23.3	14.11
Earnings From Cont. Operations, 3 Yr. CAGR %	1.41	-36.28	169.9	126.21	124.34
Net Income, 3 Yr. CAGR %	1.41	-36.28	169.9	126.21	165.67
Diluted EPS Before Extra, 3 Yr. CAGR %	230.32	-38.66	164.77	55.26	108.22
Normalized Net Income, 3 Yr. CAGR %	8.67	10.31	70.19	25.32	-10.92
Net Property, Plant and Equip., 3 Yr. CAGR %	12.17	7.98	32.22	17.85	2.06
Accounts Receivable, 3 Yr. CAGR %	16.3	12.14	14.2	12.69	-0.05
Total Assets, 3 Yr. CAGR %	8.12	2.29	26.86	18.47	3.14
Common Equity, 3 Yr. CAGR %	4.37	-5.36	19.84	10.5	4.95
Tangible Book Value, 3 Yr. CAGR %	9.14	3.62	32.38	10.13	4.49
Cash From Operations, 3 Yr. CAGR %	10.01	7.59	-6.68	15.87	7.01
Capital Expenditures, 3 Yr. CAGR %	75.98	19.96	94.95	79.24	3.7
Levered Free Cash Flow, 3 Yr. CAGR %	73.96	-14.79	0.02	18.07	117.15
Unlevered Free Cash Flow, 3 Yr. CAGR %	52.13	-9.93	7.23	22.9	99.41
Dividend Per Share, 3 Yr. CAGR %	-9.1	-9.1	-3.56	-9.68	-19.17
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	12.81	7.88	12.79	21.33	8.45
Gross Profit, 5 Yr. CAGR %	12.73	8.24	11.21	21.96	10.86
EBITDA, 5 Yr. CAGR %	12.03	6.38	9.02	21.57	9.5
EBITA, 5 Yr. CAGR %	11.44	4.66	6.72	22.03	9.81
EBIT, 5 Yr. CAGR %	12.8	6.76	0.74	19.69	12.73
Earnings From Cont. Operations, 5 Yr. CAGR %	-24.9	-12.61	81.04	23.14	65.97
Net Income, 5 Yr. CAGR %	-24.76	-12.59	81.04	23.14	83.7
Diluted EPS Before Extra, 5 Yr. CAGR %	-24.24	-21.34	213.34	14.38	54.56
Normalized Net Income, 5 Yr. CAGR %	-3.69	11.12	25.54	17.67	10.92
Net Property, Plant and Equip., 5 Yr. CAGR %	9.8	9	24.82	17.33	3.2
Accounts Receivable, 5 Yr. CAGR %	19.5	11.31	14	15.44	3.63
Total Assets, 5 Yr. CAGR %	7.66	5.45	19.6	13.45	1.85
Common Equity, 5 Yr. CAGR %	3.76	0.36	13.1	5.2	1.65
Tangible Book Value, 5 Yr. CAGR %	7.61	8.88	22.33	10.88	7.69
Cash From Operations, 5 Yr. CAGR %	10.97	6.78	-0.12	15.45	4.73
Capital Expenditures, 5 Yr. CAGR %	108.73	57.21	100.66	21.34	39.22
Levered Free Cash Flow, 5 Yr. CAGR %	13.51	-0.91	38.89	3.7	54.69
Unlevered Free Cash Flow, 5 Yr. CAGR %	15.03	2.03	32.3	8.74	49.93
Dividend Per Share, 5 Yr. CAGR %	-5.56	-5.56	-6.11	-11.16	-13.38