Top Page
Global Net Lease
(NYSE:GNL)
Global Net Lease (GNL) vs. SPDR S&P 500 ETF (SPY)
Global Net Lease Business Overview & Revenue Model
Global Net Lease Earnings Call Summary
Global Net Lease Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 731.38M | 805.01M | 515.07M | 378.86M | 391.23M | 330.10M | Gross Profit |
| 523.56M | 662.51M | 364.46M | 345.98M | 358.48M | 297.73M | EBIT |
| 113.66M | 206.48M | -15.38M | 100.54M | 111.91M | 99.24M | EBITDA |
| 451.94M | 594.24M | 215.72M | 279.43M | 285.54M | 230.33M | Net Income Common Stockholders |
| -297.37M | -131.57M | -211.91M | 12.02M | 11.37M | 10.78M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 147.05M | 159.70M | 121.57M | 103.33M | 89.67M | 124.25M | Total Assets |
| 5.79B | 6.96B | 8.10B | 3.96B | 4.18B | 3.97B | Total Debt |
| 3.29B | 4.64B | 5.29B | 2.42B | 2.45B | 2.29B | Net Debt |
| 3.15B | 4.48B | 5.17B | 2.31B | 2.36B | 2.17B | Total Liabilities |
| 3.87B | 4.77B | 5.46B | 2.51B | 2.56B | 2.41B | Stockholders Equity |
| 1.92B | 2.19B | 2.64B | 1.44B | 1.62B | 1.53B |
| Cash Flow | Free Cash Flow | ||||
| 219.04M | 253.84M | 96.45M | 151.88M | 184.57M | 170.47M | Operating Cash Flow |
| 266.45M | 299.47M | 143.74M | 181.82M | 192.49M | 176.85M | Investing Cash Flow |
| 1.63B | 759.90M | -551.90M | -16.54M | -436.57M | -470.53M | Financing Cash Flow |
| -1.86B | -995.36M | 469.01M | -149.74M | 218.32M | 140.68M |
Global Net Lease Technical Analysis
Global Net Lease Risk Analysis
Global Net Lease Peers Comparison
Global Net Lease Corporate Events
On June 10, 2025, Global Net Lease, Inc. successfully closed the second phase of its multi-tenant portfolio sale to RCG Ventures, LLC, generating approximately $400 million in gross proceeds. This transaction is part of GNL’s strategic plan to transform into a dedicated single-tenant portfolio, reduce leverage, and strengthen its capital structure. The company remains on track to complete the third and final phase of the sale by the end of the second quarter of 2025, with proceeds expected to be used to pay down the outstanding balance on GNL’s Revolving Credit Facility.
The most recent analyst rating on (GNL) stock is a Buy with a $9.00 price target. To see the full list of analyst forecasts on Global Net Lease stock, see the GNL Stock Forecast page.
On June 2, 2025, Global Net Lease, Inc. announced the appointment of Robert Kauffman as the Non-Executive Chairperson of its Board of Directors, effective May 30, 2025. Kauffman, who joined the GNL Board in March 2024, succeeds Sue Perrotty, who resigned from her position but will continue as an independent director. This leadership change comes at a transformative time for GNL, as the company is transitioning to a pure-play single-tenant net lease company. The appointment is expected to leverage Kauffman’s extensive real estate and capital markets experience to further enhance shareholder value.
The most recent analyst rating on (GNL) stock is a Buy with a $9.00 price target. To see the full list of analyst forecasts on Global Net Lease stock, see the GNL Stock Forecast page.
On May 22, 2025, Global Net Lease‘s Board approved a charter amendment to increase the company’s authorized shares to 440 million, with 400 million designated as common stock and 40 million as preferred stock. This amendment, effective May 23, 2025, was filed with Maryland’s State Department of Assessments and Taxation. Additionally, during the annual meeting on May 22, 2025, shareholders elected ten directors, ratified PricewaterhouseCoopers LLP as the independent auditor, approved executive compensation, and endorsed the 2025 Incentive Plan.
The most recent analyst rating on (GNL) stock is a Buy with a $9.00 price target. To see the full list of analyst forecasts on Global Net Lease stock, see the GNL Stock Forecast page.
On May 8, 2025, Global Net Lease, Inc. discussed its first quarter 2025 financial results, highlighting significant progress in its strategic transformation. The company completed the first phase of selling its multi-tenant portfolio, generating $1.1 billion in gross proceeds, which was used to reduce leverage and strengthen its balance sheet. This transaction is part of GNL’s broader strategy to achieve an investment-grade credit rating, with rating agencies recognizing its efforts by placing the company on Credit Watch Positive. Additionally, GNL announced a $300 million share repurchase program, repurchasing 7.9 million shares by early May 2025. The company also reported a high occupancy rate of 95% and continued efforts to streamline its portfolio, aiming for nearly $3 billion in asset sales by the end of 2025.
On May 7, 2025, Global Net Lease announced its financial results for the first quarter of 2025, highlighting the successful closure of the first phase of its multi-tenant portfolio sale, generating $1.1 billion in gross proceeds. The company reduced its net debt by $833 million in the quarter and repurchased 7.9 million shares. Despite a decrease in revenue to $132.4 million and a net loss of $200.3 million, primarily due to asset dispositions, GNL remains on track to complete the remaining phases of the portfolio sale by the end of the second quarter of 2025. The company aims to enhance its financial flexibility and strengthen its balance sheet, positioning itself for future growth opportunities.
On May 7, 2025, Global Net Lease, Inc. presented an investor presentation detailing their strategic progress, including the successful completion of Phase I of the Multi-Tenant Portfolio Sale in Q1 2025. This transaction is part of a transformative strategy to focus on single-tenant assets, simplifying operations, enhancing portfolio metrics, and positioning the company for long-term growth. The sale significantly reduces leverage and improves liquidity, aligning with the company’s core strategy and enhancing its market positioning.
On April 16, 2025, Global Net Lease, Inc. announced it will release its first quarter financial results for 2025 on May 7, 2025, after the NYSE closes. The company will host a conference call and webcast on May 8, 2025, to discuss the results and business performance, indicating a proactive approach to engaging with stakeholders and providing transparency about its financial health.
On April 1, 2025, Global Net Lease, Inc. announced a dividend of $0.190 per share for its common stock, payable on April 16, 2025, to stockholders of record as of April 11, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its investors and may influence its market positioning by demonstrating financial stability and shareholder value.
On March 25, 2025, Global Net Lease, Inc. successfully closed the first phase of its multi-tenant portfolio sale to RCG Ventures, LLC, generating approximately $1.1 billion in gross proceeds. This transaction marks a significant step in GNL’s strategic plan to reduce leverage and enhance its financial flexibility, as the company aims to complete the sale of the remaining properties by the end of the second quarter of 2025.
On March 20, 2025, Global Net Lease, Inc. announced the declaration of quarterly dividends on its preferred stock, with payments scheduled for April 15, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its shareholders through dividends on its various series of preferred stocks, potentially impacting investor confidence and market positioning.