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Global Net Lease, Inc.

GNL

NYSEReal EstateREIT - Diversified

Open in GoAI

Previous close

$9.04

−$0.05 · -0.55%

Aug 21, 4:00 PM ET

GNL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

49

Fair Value

Momentum

46

Neutral

Sentiment

61

Bullish

Risk resilience

77

Moderate Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Global Net Lease, Inc. is a publicly traded internally managed real estate investment trust that focuses on acquiring and managing a global portfolio of income producing net lease assets across the U.S., and Western and Northern Europe. Global Net Lease, Inc. was incorporated in 2011 in Maryland, USA.

Industry
REIT - Diversified
Sector
Real Estate
Headquarters
US
CEO
Edward Michael Weil
Listed since
Jun 2, 2015
Employees
56

Market position

Day range

Current $9.04

52-week range

Current $9.04

Open
$9.075
Previous close
$9.09
Volume
1.15M
0.47× average
Average volume
2.45M
Average daily volume
Market cap
1.92B USD
Beta
1.01
Market reference 1
50-day average
$9.016
+0.27% above average
200-day average
$9.0588
-0.21% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
-33.48×
P/B (TTM)
1.27×
P/S (TTM)
4.17×
Dividend yield
8.41%

Profitability & efficiency

Gross margin
69.45%
Operating margin
24.71%
Net margin
-2.94%

Financial health

Debt / equity
1.63×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends105%51%-4%-59%Gross margin, FY2021: 91.63%Gross margin, FY2022: 91.32%Gross margin, FY2023: 70.76%Gross margin, FY2024: 82.30%Gross margin, FY2025: 12.92%Operating margin, FY2021: 28.61%Operating margin, FY2022: 26.54%Operating margin, FY2023: -2.99%Operating margin, FY2024: 25.65%Operating margin, FY2025: 33.81%Net margin, FY2021: 2.91%Net margin, FY2022: 3.17%Net margin, FY2023: -41.14%Net margin, FY2024: -16.34%Net margin, FY2025: -45.28%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 91.63%. Gross margin FY2022 91.32%. Gross margin FY2023 70.76%. Gross margin FY2024 82.30%. Gross margin FY2025 12.92%. Operating margin FY2021 28.61%. Operating margin FY2022 26.54%. Operating margin FY2023 -2.99%. Operating margin FY2024 25.65%. Operating margin FY2025 33.81%. Net margin FY2021 2.91%. Net margin FY2022 3.17%. Net margin FY2023 -41.14%. Net margin FY2024 -16.34%. Net margin FY2025 -45.28%.

Income trends

Revenue

497.89M USD-38.15%

Operating income

168.32M USD-18.48%

Net income

−225.46M USD-71.36%
Income trends across reported periods908.06M USD495.87M USD83.68M USD−328.5M USDRevenue, FY2021: 391.23M USDRevenue, FY2022: 378.86M USDRevenue, FY2023: 515.07M USDRevenue, FY2024: 805.01M USDRevenue, FY2025: 497.89M USDOperating income, FY2021: 111.91M USDOperating income, FY2022: 100.54M USDOperating income, FY2023: −15.38M USDOperating income, FY2024: 206.48M USDOperating income, FY2025: 168.32M USDNet income, FY2021: 11.37M USDNet income, FY2022: 12.02M USDNet income, FY2023: −211.91M USDNet income, FY2024: −131.57M USDNet income, FY2025: −225.46M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 391.23M USD. Revenue FY2022 378.86M USD. Revenue FY2023 515.07M USD. Revenue FY2024 805.01M USD. Revenue FY2025 497.89M USD. Operating income FY2021 111.91M USD. Operating income FY2022 100.54M USD. Operating income FY2023 −15.38M USD. Operating income FY2024 206.48M USD. Operating income FY2025 168.32M USD. Net income FY2021 11.37M USD. Net income FY2022 12.02M USD. Net income FY2023 −211.91M USD. Net income FY2024 −131.57M USD. Net income FY2025 −225.46M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue497.89M USD805.01M USD515.07M USD378.86M USD391.23M USD
Cost of goods sold433.58M USD142.5M USD150.61M USD32.88M USD32.75M USD
Gross profit64.3M USD662.51M USD364.46M USD345.98M USD358.48M USD
Selling, general, and administrative52.75M USD66.67M USD85.77M USD69.93M USD67.31M USD
Operating expenses−104.02M USD456.03M USD379.84M USD245.44M USD246.57M USD
Interest expense191.83M USD326.93M USD179.41M USD97.51M USD94.35M USD
Depreciation and amortization191.19M USD369.08M USD233.74M USD158.86M USD167.68M USD
Operating income168.32M USD206.48M USD−15.38M USD100.54M USD111.91M USD
Net income−225.46M USD−131.57M USD−211.91M USD12.02M USD11.37M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
27%
3 beats, 8 misses, 0 met estimates
Average EPS surprise
-311.59%
11 comparable reports
Latest EPS result
-0.05
Estimate -0.05 · Beat by 6.24%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.25-0.15-0.55-0.95Q1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 27, 2025: actual -0.076, estimate -0.14, surprise +45.50%, Beat. Q2 2025, reported May 7, 2025: actual -0.87, estimate -0.1, surprise -770.00%, Miss. Q3 2025, reported Aug 6, 2025: actual -0.16, estimate -0.11, surprise -45.45%, Miss. Q4 2025, reported Nov 5, 2025: actual -0.32, estimate -0.07, surprise -357.14%, Miss. Q1 2026, reported Feb 25, 2026: actual 0.17, estimate -0.05, surprise +440.00%, Beat. Q2 2026, reported May 5, 2026: actual -0.08, estimate 0.1, surprise -180.00%, Miss. Q3 2026, reported Aug 5, 2026: actual -0.05, estimate -0.053, surprise +6.24%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 0.003, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates207.08M171.83M136.57M101.32MQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 27, 2025: actual 199.12M USD, estimate 194.26M USD, surprise +2.50%, Beat. Q2 2025, reported May 7, 2025: actual 132.42M USD, estimate 188.37M USD, surprise -29.70%, Miss. Q3 2025, reported Aug 6, 2025: actual 124.91M USD, estimate 133.4M USD, surprise -6.37%, Miss. Q4 2025, reported Nov 5, 2025: actual 121.01M USD, estimate 120.17M USD, surprise +0.70%, Beat. Q1 2026, reported Feb 25, 2026: actual 116.95M USD, estimate 120.09M USD, surprise -2.61%, Miss. Q2 2026, reported May 5, 2026: actual 109.29M USD, estimate 112.37M USD, surprise -2.75%, Miss. Q3 2026, reported Aug 5, 2026: actual 112.48M USD, estimate 109.68M USD, surprise +2.55%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 112.7M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$10.00

10.62% upside
Past 12 months12-month forecastHigh $10.00Average $10.00Low $10.00

Rating distribution

16 ratings
Strong buy00%
Buy850%
Hold744%
Sell16%
Strong sell00%

Recent analyst actions

8 institutions
CitizensmaintainMarket Outperform
KeybancupgradeSector WeightOverweight
B. Riley SecuritiesmaintainBuy

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$2.13

2018 complete year+0.3% since 2016

2026 partial: $0.57

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jul 13, 2026

$0.19

Quarterly

Record Jul 13, 2026 · Payment Jul 17, 2026

Dividend

Ex-dividend Apr 13, 2026

$0.19

Quarterly

Record Apr 13, 2026 · Payment Apr 17, 2026

Dividend

Ex-dividend Jan 12, 2026

$0.19

Quarterly

Record Jan 12, 2026 · Payment Jan 16, 2026

Dividend

Ex-dividend Oct 10, 2025

$0.19

Quarterly

Record Oct 13, 2025 · Payment Oct 16, 2025

Dividend

Ex-dividend Jul 11, 2025

$0.19

Quarterly

Record Jul 11, 2025 · Payment Jul 16, 2025

Dividend

Ex-dividend Apr 11, 2025

$0.19

Quarterly

Record Apr 11, 2025 · Payment Apr 16, 2025

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