GNL
Global Net Lease, Inc.
NYSE: GNL · REAL ESTATE · REIT - DIVERSIFIED
$9.52
-0.31% today
Updated 2026-04-29
Market cap
$2.04B
P/E ratio
—
P/S ratio
4.12x
EPS (TTM)
$-0.81
Dividend yield
8.85%
52W range
$6 – $10
Volume
1.9M
Global Net Lease, Inc. (GNL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $30000.00 | $3.95M | $93.38M | $205.33M | $214.17M | $259.30M | $282.21M | $306.21M | $330.10M | $391.23M | $378.86M | $515.07M | $805.01M | $497.89M |
| Revenue growth (YoY) | — | +13070.0% | +2263.5% | +119.9% | +4.3% | +21.1% | +8.8% | +8.5% | +7.8% | +18.5% | -3.2% | +36.0% | +56.3% | -38.2% |
| Cost of revenue | $1000.00 | $42000.00 | $7.95M | $18.18M | $19.04M | $28.86M | $28.73M | $62.93M | $32.37M | $32.75M | $32.88M | $150.61M | $142.50M | $433.58M |
| Gross profit | $29000.00 | $3.91M | $85.44M | $187.15M | $195.14M | $230.44M | $253.47M | $243.29M | $297.73M | $358.48M | $345.98M | $364.46M | $662.51M | $64.30M |
| Gross margin | 96.7% | 98.9% | 91.5% | 91.1% | 91.1% | 88.9% | 89.8% | 79.5% | 90.2% | 91.6% | 91.3% | 70.8% | 82.3% | 12.9% |
| R&D | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | $184000.00 | $108000.00 | $5.11M | $43.34M | $30.61M | $29.32M | $41.32M | $10.11M | $59.13M | $67.31M | $69.93M | $85.77M | $66.67M | $52.75M |
| Operating income | $-403000.00 | $-6.06M | $-42.13M | $33.21M | $60.28M | $86.05M | $68.02M | $114.89M | $99.24M | $111.91M | $100.54M | $-15.38M | $206.48M | $168.32M |
| Operating margin | -1343.3% | -153.3% | -45.1% | 16.2% | 28.1% | 33.2% | 24.1% | 37.5% | 30.1% | 28.6% | 26.5% | -3.0% | 25.6% | 33.8% |
| EBITDA | $-373000.00 | $-3.97M | $-3.14M | $131.19M | $164.55M | $201.14M | $196.48M | $224.46M | $230.33M | $285.54M | $279.43M | $215.72M | $568.88M | $269.08M |
| EBITDA margin | -1243.3% | -100.6% | -3.4% | 63.9% | 76.8% | 77.6% | 69.6% | 73.3% | 69.8% | 73.0% | 73.8% | 41.9% | 70.7% | 54.0% |
| EBIT | $-403000.00 | $-6.08M | $-44.65M | $41.12M | $30.74M | $27.19M | $-6.46M | $97.65M | $87.55M | $117.86M | $120.56M | $-18.02M | $199.81M | $77.89M |
| Interest expense | $10000.00 | $969000.00 | $14.85M | $34.86M | $39.12M | $48.45M | $57.97M | $64.20M | $71.80M | $94.34M | $97.51M | $179.41M | $326.93M | $191.83M |
| Income tax | $10000.00 | $970000.00 | $-1.43M | $5.89M | $4.42M | $3.14M | $2.43M | $4.33M | $4.97M | $12.15M | $11.03M | $14.47M | $4.45M | — |
| Effective tax rate | -2.5% | -16.1% | 2.6% | 154.0% | 8.6% | 11.8% | 18.3% | 8.5% | 31.6% | 51.7% | 47.9% | -7.3% | -3.5% | 0.0% |
| Net income | $-413000.00 | $-6.99M | $-53.59M | $-2.06M | $47.14M | $23.57M | $10.90M | $46.48M | $10.78M | $11.37M | $12.02M | $-211.91M | $-131.57M | $-225.46M |
| Net income growth (YoY) | — | -1592.3% | -666.8% | +96.1% | +2382.8% | -50.0% | -53.8% | +326.5% | -76.8% | +5.5% | +5.8% | -1862.5% | +37.9% | -71.4% |
| Profit margin | -1376.7% | -176.9% | -57.4% | -1.0% | 22.0% | 9.1% | 3.9% | 15.2% | 3.3% | 2.9% | 3.2% | -41.1% | -16.3% | -45.3% |