Global Net Lease, Inc. | REIT Profile

Symbol: GNL
CIK: 1526113
Exchange: NYSE
Preferred Stock: GNL-A, GNL-B
Founded: 2011 (14 years)
HQ: New York City, NY, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Retail, Industrial, Diversified, Office
Externally Managed REIT

See GNL on Yahoo Finance
See GNL on SEC.gov

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About Global Net Lease, Inc.

Global Net Lease, Inc. (NYSE: GNL) is a publicly traded real estate investment trust listed on the NYSE, which focuses on acquiring and managing a global portfolio of income producing net-leased assets across the United States, Western and Northern Europe. Through the execution of this investment strategy, management has built a best-in-class portfolio of premium commercial real estate assets occupied by high-quality tenants and spanning countries including the U.S., the U.K., Germany, the Netherlands and Finland - creating a portfolio which supports investors by helping provide: Inflation Protection Stable Quarterly Dividends Volatility Protection Strong Growth Potential In this way, GNL seeks to not only help address the needs of corporations and the consumers they serve, but also and most importantly to management GNL seeks to help responsibly provide capital protection, regular cash flow and long-term capital appreciation potential to shareholders through a world-class investment portfolio.


Global Net Lease, Inc. Company Logo

Stock Chart

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REITMovers


REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 4 minutes during normal trading hours. Note: All prices have a 15 minute delay.


Latest Price High Low Open Previous Close Volume Change $ Change %
$7.99 $8.17 $7.98 $8.13 $8.08 1,840,648 -$0.09 -1.11%

Last update: 2025-05-13 12:57:52 PST

REITRating™ Trend


REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.

Overall REITRating Score: 6.9

Dividend of Trading Day 2025-05-13


Dividend Yield: N/A
Annualized Dividend: $0.76*
Dividend Yield (TTM): 12.7%
Annualized Dividend (TTM): $1.015
Ex-Dividend Date: 2025-04-11
Dividend Date: 2025-04-16
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest REIT Press Releases


See more Press Releases for Global Net Lease, Inc.

Funds From Operations (FFO)



FFO Amount and Payout Ratio

Below are the FFO amounts, dividends, and payout ratios for the last two quarters for GNL.

Year Quarter Type Amount Dividend Paid Payout Ratio
2024 Q4 FFO Core $--- $--- ---%
2024 Q4 AFFO $--- $--- ---%
2024 Q3 FFO Core $--- $--- ---%
2024 Q3 AFFO $--- $--- ---%

REITNotes uses the REIT's Funds From Operation (FFO) per diluted share informed in the REIT’s Quarterly Earning Reports and its announced dividend per diluted share. For some REITs, we also display the Adjusted Funds From Operations (AFFO), Core FFO, Normalized FFO (NFFO), Modified FFO (MFFO), Operating FFO as provided by the REIT. REITNotes™ calculates the payout ratio by dividing the dividend value paid during the current quarter by the FFO declared in the previous Quarter. E.g., we divide the dividend value paid in Q3 by the FFO reported in Q2. This is because although paid in Q3, the dividend value is usually declared during the previous quarter. FFO is a non-GAAP measure recognized by the SEC and provided by the REITs as a supplemental measure of their operating performance. FFO is not meant to be an indicator of the REIT’s capacity to pay current or future dividends nor to be a substitute to the REIT's cash flow from operations. It is recommended to check the REIT's website, Earning Reports and dividend announcements for the latest and updated information.


Funds From Operations (FFO)

Key Stats of Trading Day 2025-05-13


Market Capitalization: $1,803,415,000 [?]
EBITDA: $573,882,000 [?]
P/E (Price-to-Earnings) Ratio: N/A [?]
PEG (Price/Earnings to Growth) Ratio: N/A [?]
Book Value: 8.39 [?]
Dividend Per Share (DPS): N/A [?]
Earnings Per Share (EPS): -1.14 [?]
Revenue Per Share (TTM): $3.43 [?]
Profit Margin: -37.60% [?]
Operating Margin (TTM): 31.10% [?]
Return on Assets (TTM): 2.05% [?]
Return on Equity (TTM): -9.90% [?]
Revenue (TTM): $789,545,000 [?]
Gross Profit (TTM): $644,039,000 [?]
Diluted EPS (TTM): $-1.14 [?]
Quarterly Earnings Growth YOY: 333.00% [?]
Quarterly Revenue Growth YOY: -10.50% [?]
Trailing P/E: N/A [?]
Forward P/E: N/A [?]
Beta: 1.21 [?]
Price-to-Sales Ratio (TTM): 2.28 [?]
Price-to-Book (P/B): 0.93 [?]
Enterprise Value (EV) to Revenue: 6.25 [?]
EV to EBITDA: 10.63x [?]
Shares Outstanding: 223,209,000 [?]
52 Week High: $8.23 [?]
52 Week Low: $6.09 [?]
50 Day Moving Average: $7.72 [?]
200 Day Moving Average: $7.81 [?]

Properties Owned by GNL


GNL Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

Occupancy Rate


REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $8.17 per share you would have been able to buy 122 shares of GNL on 2024-05-13 costing $996.74 @ $8.17 per share you would have been able to buy 61 shares of GNL on 2024-05-13 costing $498.37 @ $8.17 per share you would have been able to buy 30 shares of GNL on 2024-05-13 costing $245.10 @ $8.17 per share you would have been able to buy 12 shares of GNL on 2024-05-13 costing $98.04 @ $8.17 per share you would have been able to buy 6 shares of GNL on 2024-05-13 costing $49.02
Current worth On 2025-05-12 these 122 shares would be worth $974.78 @ $7.99 On 2025-05-12 these 61 shares would be worth $487.39 @ $7.99 On 2025-05-12 these 30 shares would be worth $239.70 @ $7.99 On 2025-05-12 these 12 shares would be worth $95.88 @ $7.99 On 2025-05-12 these 6 shares would be worth $47.94 @ $7.99
Dividends earned $123.83 in dividends would have been earned since 2024-05-13 with 122 shares. $62 in dividends would have been earned since 2024-05-13 with 61 shares. $30.45 in dividends would have been earned since 2024-05-13 with 30 shares. $12.18 in dividends would have been earned since 2024-05-13 with 12 shares. $6.09 in dividends would have been earned since 2024-05-13 with 61 shares.
Net (gain / loss)* 101.87 USD 50.93 USD 25.05 USD 10.02 USD 5.01 USD
ROI** 10.22% 10.22% 10.22% 10.22% 10.22%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by GNL. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
GNL 2025-04-11 0.190 -30.91% 2025-04-01 2025-04-11 2025-04-16
GNL 2025-01-13 0.275 --- 2025-01-02 2025-01-13 2025-01-16
GNL 2024-10-11 0.275 --- 2024-10-01 2024-10-11 2024-10-16
GNL 2024-07-11 0.275 --- 2024-07-01 2024-07-11 2024-07-16
GNL 2024-04-10 0.275 -22.32% 2024-04-01 2024-04-11 2024-04-16
GNL 2024-01-11 0.354 --- 2024-01-02 2024-01-12 2024-01-16
GNL 2023-10-11 0.354 -11.50% 2023-10-02 2023-10-12 2023-10-16
GNL 2023-07-12 0.400 --- 2023-07-03 2023-07-13 2023-07-17
GNL 2023-04-12 0.400 --- 2023-04-03 2023-04-13 2023-04-17
GNL 2023-01-12 0.400 --- 2023-01-03 2023-01-13 2023-01-17
GNL 2022-10-12 0.400 --- 2022-10-03 2022-10-13 2022-10-17
GNL 2022-07-08 0.400 --- 2022-07-01 2022-07-11 2022-07-15

Financial Statements Overview


The next Earnings Report for GNL is

Balance Sheet | Quarterly


Assets 2024-12-31 2024-09-30 QoQ
Current Assets
  Cash and Cash Equivalents at Carrying Value 159,698,000 127,249,000
  Short-Term Investments 0 0
  Cash and Short Term Investments 159,698,000 127,249,000
  Current Net Receivables 0 0
  Inventory 0 0
  Other Current Assets 81,916,000 62,917,000
  Total Current Assets 341,115,000 289,080,000 18.0%
Non-Current Assets
  Property Plant Equipment 0 0
  Accumulated Depreciation Amortization PPE 0 0
  Long-Term Investments 0 0
  Investments 0 0
  Intangible Assets Excluding Goodwill 0 1,128,991,000
  Goodwill 51,370,000 52,255,000
  Intangible Assets 0 1,128,991,000
  Other Non-Current Assets 0 0
  Total Non-Current Assets 6,614,649,000 1,314,472,000 403.2%
  Total Assets 6,955,764,000 7,335,870,000 -5.2%
Liabilities
Current Liabilities
  Current Accounts Payable 0 0
  Deferred Revenue 0 0
  Current Debt 0 0
  Short-Term Debt 1,390,292,000 1,583,936,000
  Current Long-Term Debt 1,390,292,000 1,583,936,000
  Short Long-Term Debt Total 4,643,232,000 4,888,556,000
  Other Current Liabilities 11,909,000 11,830,000
  Total Current Liabilities 1,506,670,000 1,731,240,000 -13.0%
Non-Current Liabilities
  Long-Term Debt Noncurrent 0 0
  Long-Term Debt 3,127,807,000 3,174,369,000
  Capital Lease Obligations 125,133,000 130,251,000
  Other Non-Current Liabilities 0 0
  Total Non-Current Liabilities 3,262,136,000 3,329,428,000
  Total Liabilities 4,768,806,000 5,060,668,000 -5.8%
Shareholders' Equity
  Common Stock 3,640,000 3,638,000
  Common Stock Shares Outstanding 230,596,000 230,463,241
  Treasury Stock 0 0
  Retained Earnings -2,150,342,000 -2,069,400,000
  Total Shareholder Equity 2,186,958,000 2,272,550,000 -3.8%

Amounts in USD ($)

Income Statement | Quarterly


2024-12-31 2024-09-30 QoQ
Total Revenue 199,115,000 196,564,000 1.3%
  Cost of Revenue   35,619,000   33,515,000
  Cost of Goods and Services Sold   35,619,000   33,515,000
Gross Profit 163,496,000 163,049,000 0.3%
  Research and Development   0   0
  Selling General and Administrative   13,763,000   12,598,000
  Depreciation   0   0
  Depreciation and Amortization   87,468,000   90,014,000
  Operating Expenses   99,656,000   12,598,000
Operating Income 63,840,000 17,948,000 255.7%
  EBIT (Earnings Before Interest and Tax)   71,674,000   12,840,000
  Investment Income Net   0   0
  Net Interest Income   -77,234,000   -77,130,000
  Interest Income   0   0
  Interest Expense   77,234,000   77,130,000
  Interest and Debt Expense   0   0
  Non Interest Income   0   0
  Other Non Operating Income   0   0
Income Before Tax -5,560,000 -64,290,000 -91.4%
  Income Tax Expense 962,000 1,345,000
Net Income from Continuing Operations -6,522,000 -65,635,000
Net Income -6,522,000 -65,635,000 -90.1%
Comprehensive Income Net of Tax 0 0
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) 159,142,000 102,854,000

Amounts in USD ($)

Cash Flow | Quarterly


Cash Flows from Operating Activities 2024-12-31 2024-09-30 QoQ
  Net Income -6,649,000 -65,635,000 -89.9%
  Depreciation, Depletion, and Amortization 87,468,000 90,014,000
  Change in Receivables 0 0
  Change in Inventory 0 0
  Change in Operating Assets 0 0
  Change in Operating Liabilities 0 0
  Payments for Operating Activities 0 0
  Proceeds from Operating Activities 0 0
  Profit Loss 0 0
  Net Cash Provided by Operating Activities 74,799,000 62,126,000 20.4%
Cash Flows from Investing Activities
  Capital Expenditures 12,845,000 14,304,000
  Net Cash Used in Investing Activities 0 0
Cash Flows from Financing Activities
  Proceeds from Issuance of Common Stock 0 0
  Proceeds from Issuance of Preferred Stock 0 0
  Proceeds from Issuance of Long-Term Debt 0 0
  Proceeds from Repurchase of Equity -486,000 -128,000
  Proceeds from Sale of Treasury Stock 0 0
  Repayment of Short-Term Debt 0 0
  Payments for Repurchase of Common Stock 0 0
  Payments for Repurchase of Preferred Stock 0 0
  Payments for Repurchase of Equity 0 0
  Dividend Payout 74,689,000 74,402,000
  Dividend Payout - Common Stock 74,689,000 74,402,000
  Dividend Payout - Preferred Stock 0 0
  Net Cash Provided by Financing Activities -265,008,000 -280,291,000 -5.5%
Other Items
  Effect of Exchange Rate on Cash 0 0
  Net Increase in Cash and Cash Equivalents 0 0

Amounts in USD ($)

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
0 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 5.0
10 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 8.0
9 Dividend to AFFO Payout Ratio Health: Analysis of the REIT’s Dividend to AFFO Payout Ratios during the last four quarters. 9.0
10 Dividend to AFFO Payout Ratio Trend: Analysis of the REIT’s Dividend to AFFO Payout Ratios trend during the last two years. 7.5
Rating AFFO & Efficiency Section Avg. Rating
7 AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. 8.7
4 AFFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. 4.5
10 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 9.5
10 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 8.7
Rating Leverage Section Avg. Rating
4 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.2
6 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.8
Rating Asset & Revenue Section Avg. Rating
8 G&A Effeciency Level: Analysis of the REIT’s General and Administrative expenses in relationship to its Revenues. 6.4
10 G&A Effeciency Trend: Analysis of the Trend of the REIT’s General and Administrative expenses in relationship to its Revenues. 7.5
10 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 6.3
10 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 5.9
Rating Properties Section Avg. Rating
8 Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 7.8
6 Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 7.7
8 Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. 8.1
Rating Market Cap Section Avg. Rating
5 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.3
6.9 Overall REITRating™ Score (See trend) 6.6

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

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Last updated: 2025-05-13 - v6.3