Global Net Lease, Inc. (GNL) Stock Analysis
Real Estate · REIT - Diversified · NYSE
Global Net Lease, Inc. (GNL) posted $569.79M in revenue for fiscal 2025 (down 29.2% year over year), with a net loss of $269.20M, and has compounded revenue about 11.5%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Global Net Lease, Inc.
Global Net Lease, Inc. has grown revenue from $214.17M to $569.79M over the last 10 fiscal years, compounding about 11.5% a year. The most recent year was down 29.2%, so growth has cooled from its longer-run pace.
Net margin sits at -47.2%, down 25.4 points year over year.
At today's valuation the market is pricing in roughly 4.4% annual free-cash-flow growth. The one thing worth a second look in the filings is currently unprofitable.
Synthesised from Global Net Lease, Inc.'s SEC filings — descriptive, not advice. Ask the analyst your own question →
Global Net Lease, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $214.17M | $259.30M | $282.21M | $306.21M | $330.10M | $391.23M | $378.86M | $515.07M | $805.01M | $569.79M |
| Gross profit | $194.42M | $234.84M | $253.97M | — | — | — | — | — | — | — |
| Net income | $47.14M | $23.59M | $10.90M | $46.48M | $10.78M | $11.37M | $-8.36M | $-239.35M | $-175.32M | $-269.20M |
| Net margin | 22.0% | 9.1% | 3.9% | 15.2% | 3.3% | 2.9% | -2.2% | -46.5% | -21.8% | -47.2% |
Source: Global Net Lease, Inc. SEC filings (10-K). 14 years of history available in the interactive view.
Global Net Lease, Inc.: 1 potential red flag in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Currently unprofitableThe latest fiscal year was a net loss (net margin -47.2%).
What growth is priced into GNL stock?
At today's market cap of $2.01B, Global Net Lease, Inc. is priced for free-cash-flow growth of about 4.4% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $128.65M from the FY ending 2019-12-31). For comparison, revenue 11.5%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 14 years of Global Net Lease, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Global Net Lease, Inc. financial history by metric
Compare Global Net Lease, Inc. with peers
About Global Net Lease, Inc.
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 and is based in New York, United States.
Global Net Lease, Inc. — frequently asked questions
What is Global Net Lease, Inc.'s revenue?
Global Net Lease, Inc. (GNL) reported revenue of $569.79M for fiscal year 2025, down 29.2% from the prior year, according to its SEC filings.
Is Global Net Lease, Inc. profitable?
No — GNL reported a net loss of $-269.20M in fiscal 2025.
What is GNL's P/E ratio?
Global Net Lease, Inc. trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How fast is Global Net Lease, Inc. growing?
GNL's revenue grew at roughly 11.5% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Global Net Lease, Inc. have?
As of fiscal year 2025, GNL carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Global Net Lease, Inc.'s market cap?
Global Net Lease, Inc. (GNL) has a market capitalization of about $2.01B, based on the latest data in our nightly-refreshed cache.
When does Global Net Lease, Inc.'s fiscal year end?
GNL's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into GNL stock?
At today's market cap of $2.01B, Global Net Lease, Inc. is priced for free-cash-flow growth of about 4.4% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $128.65M from the FY ending 2019-12-31). For comparison, revenue 11.5%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Global Net Lease, Inc.'s official SEC filings (10-K and 10-Q), covering 14 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.