GNL · Global Net Lease, Inc.
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $459.73M | $495.29M | $569.79M | $445.76M | $378.86M | $391.23M | $330.1M | $306.21M | $282.21M | $259.3M | $214.17M | $205.33M | $93.38M | $3.95M | $30K | |
| $247.83M | — | — | — | — | — | — | — | — | $242.53M | $204.05M | $194.62M | $88.16M | $3.9M | $30K | |
| $31.73M | — | — | — | — | — | — | — | $28.23M | $24.46M | $19.75M | — | — | — | — | |
| $269.02M | — | — | — | — | — | — | — | $253.97M | $234.84M | $194.42M | — | — | — | — | |
| — | — | — | — | — | — | — | — | 90% | 90.57% | 90.78% | — | — | — | — | |
| $51.56M | $51.21M | $64.32M | $44.42M | $32.88M | $32.75M | $32.37M | $28.31M | $28.73M | $28.86M | $19.04M | $18.18M | $7.95M | $42K | $0 | |
| $49.24M | $52.75M | $52.36M | $37.2M | $17.74M | $17.23M | $13.26M | $10.11M | $10.44M | $8.65M | $7.11M | $7.18M | $4.31M | $58K | $183K | |
| $55.62M | $88.07M | $173.73M | $100.96M | $57.84M | $68.99M | $58.08M | $56.74M | $54.73M | $53.66M | $44.12M | $42.42M | $19.53M | $1.28M | $9000 | |
| $172.34M | $191.19M | $216.82M | $179.35M | $154.03M | $163.08M | $138.54M | $126M | $119.58M | $113.05M | $94.46M | $90.07M | $40.39M | $2.11M | $21K | |
| — | — | — | — | — | — | — | — | $1.6M | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | $208.44M | $173.25M | $153.89M | $172.12M | $136.94M | $10.01M | $433K | |
| $403.45M | $478.99M | $438.77M | $459.38M | $278.64M | $280.8M | $230.71M | $214.94M | $208.44M | $173.25M | — | — | — | — | — | |
| $182.23M | $110.98M | $188.12M | -$15.29M | $100.54M | $111.91M | $99.24M | $114.9M | $68.02M | $87.14M | $73.62M | $33.21M | -$43.56M | -$6.06M | -$403K | |
| — | 22.41% | 33.02% | -3.43% | 26.54% | 28.61% | 30.06% | 37.52% | 24.1% | 33.61% | 34.38% | 16.17% | -46.65% | -153.28% | -1343.33% | |
| $354.57M | $302.17M | $404.94M | $164.06M | $254.57M | $274.99M | $237.79M | $240.89M | $187.6M | $200.19M | $168.08M | $123.28M | -$3.17M | -$3.94M | -$382K | |
| $165.94M | $194.72M | $255.69M | $179.41M | $97.51M | $94.35M | $71.8M | $64.2M | $57.97M | $48.45M | $39.12M | $34.86M | $14.85M | $969K | $10K | |
| -$176.36M | -$224.93M | -$263.04M | -$161.45M | -$77.49M | -$88.4M | -$83.5M | -$64.09M | -$54.69M | -$60.41M | -$21.62M | -$29.34M | -$11.47M | -$933K | -$10K | |
| $127.83M | $43.28M | $57.02M | -$1.67M | $325K | $1.48M | -$153K | $23.62M | -$5.75M | $1.09M | $13.34M | $0 | $0 | — | — | |
| $5.88M | -$113.95M | -$74.92M | -$176.74M | $23.06M | $23.52M | $15.75M | $50.81M | $13.33M | $26.73M | $52M | $3.87M | -$55.03M | -$6.99M | — | |
| $21.94M | $21.8M | $4.45M | $14.48M | $11.03M | $12.15M | $4.97M | $4.33M | $2.43M | $3.14M | $4.42M | $5.89M | -$1.43M | $0 | $0 | |
| -$13.53M | -$225.46M | -$131.57M | -$211.91M | $12.02M | $11.37M | $10.78M | $46.48M | $10.9M | $23.59M | $47.14M | -$2.07M | -$53.59M | -$6.99M | -$413K | |
| — | -45.52% | -23.09% | -47.54% | 3.17% | 2.91% | 3.27% | 15.18% | 3.86% | 9.1% | 22.01% | -1.01% | -57.39% | -176.89% | -1376.67% | |
| — | — | — | — | — | — | — | $0 | $0 | $21K | $437K | $50K | $0 | $0 | — | |
| -$57.27M | -$269.2M | -$175.32M | -$239.35M | -$8.36M | -$8.7M | -$7.78M | $34.54M | $1.08M | $20.73M | $47.14M | -$2.07M | -$53.59M | -$6.99M | — | |
| -$74.24M | -$221.19M | -$187.06M | -$254.59M | -$22.76M | -$1.23M | -$19.9M | $48.25M | -$11.56M | $56.87M | $34.09M | -$125K | -$59.5M | -$6.63M | -$456K | |
| USD/shares | -$0.30 | -$1.21 | -$0.76 | -$1.71 | -$0.09 | -$0.20 | -$0.09 | $0.40 | $0.01 | $0.30 | — | — | — | — | — |
| USD/shares | -$0.30 | -$1.21 | -$0.76 | -$1.71 | -$0.09 | -$0.20 | -$0.09 | $0.39 | $0.01 | $0.30 | — | — | — | — | — |
| shares | — | 223.26M | 230.44M | 142.58M | 103.69M | 98.28M | 89.47M | 85.03M | 69.41M | 66.88M | 56.72M | 58.1M | 126.08M | 5.45M | 64.25K |
| shares | — | 223.26M | 230.44M | 142.58M | 103.69M | 98.28M | 89.47M | 86.35M | 69.66M | 66.88M | 56.72M | 58.1M | 126.08M | 5.45M | 64.25K |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2012–FY2025: $123.43M in buybacks, $1.85B in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 14 similar-size REIT - Diversified companies (of 19 listed).
P/FFO and P/AFFO use the company-stated “Core FFO attributable to common stockholders” and “AFFO attributable to common stockholders”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.
Valuation over time computed as of each quarter's filing date
P/FFO and P/AFFO use the company-stated “Core FFO attributable to common stockholders” and “AFFO attributable to common stockholders”, extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Real Estate Investing | $495,286,000 | — | — | $378,857,000 | $391,228,000 | $330,104,000 | $306,214,000 | $282,207,000 |
| Industrial and Distribution Segment | $225,665,000 | $237,645,000 | $220,102,000 | $211,533,000 | $202,850,000 | — | — | — |
| Office Segment | $136,838,000 | $143,571,000 | $149,691,000 | $150,154,000 | $171,834,000 | — | — | — |
| Single Tenant Retail Segment | $132,783,000 | $165,595,000 | $65,836,000 | $17,170,000 | $16,544,000 | — | — | — |
| Multi-Tenant Retail Segment | $0 | $22,982,000 | $10,132,000 | $0 | $0 | — | — | — |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| United States | $341,643,000 | $420,616,000 | $295,784,000 | $234,363,000 | $233,394,000 | $216,260,000 | — | $148,588,000 |
| United Kingdom | $84,718,000 | $84,678,000 | $86,916,000 | $78,403,000 | $89,455,000 | $51,178,000 | $51,215,000 | $54,025,000 |
| Europe | $65,810,000 | $61,322,000 | $59,823,000 | $62,852,000 | $67,618,000 | $61,944,000 | $74,881,000 | $79,594,000 |
| Canada | $3,115,000 | $3,177,000 | $3,238,000 | $3,239,000 | $761,000 | $722,000 | $18,000 | $0 |
| United States and Puerto Rico | — | — | — | — | — | — | $180,100,000 | — |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Industrial and Distribution Segment | $206,675,000 | $215,825,000 | $204,645,000 | $197,851,000 | $189,344,000 |
| Office Segment | $119,385,000 | $124,706,000 | $130,305,000 | $132,159,000 | $153,372,000 |
| Single Tenant Retail Segment | $118,020,000 | $149,500,000 | $59,663,000 | $15,970,000 | $15,766,000 |
| Multi-Tenant Retail Segment | $0 | $15,438,000 | $6,727,000 | $0 | $0 |
Operating Margin by Segment (%)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Industrial and Distribution Segment | 91.6% | 90.8% | 93% | 93.5% | 93.3% |
| Office Segment | 87.2% | 86.9% | 87% | 88% | 89.3% |
| Single Tenant Retail Segment | 88.9% | 90.3% | 90.6% | 93% | 95.3% |
| Multi-Tenant Retail Segment | — | 67.2% | 66.4% | — | — |