Global Net Lease, Inc. (GNL.PE) stock
GNL.PENYSEReal Estate Investment TrustsFiscal year ends December 31Also trades as GNL, GNL.PA, GNL.PB, GNL.PD
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026Score 7/3044% below fair value
$21.60−0.18 (-0.83%)
Close on Oct 30, 2026Market cap $1.47BP/E –Yield 12.12%
Global Net Lease operating margin
Operating margin is operating income as a percentage of revenue.
Global Net Lease's operating margin for the twelve months ending Jun 30, 2026 was 39.6%. For fiscal 2025 it was 22.4%, against 33.0% the year before. The highest annual figure on record is 37.5% in fiscal 2019.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 22.4% | −10.6 |
| FY2024 | Dec 31, 2024 | 33.0% | +36.4 |
| FY2023 | Dec 31, 2023 | -3.4% | −30.0 |
| FY2022 | Dec 31, 2022 | 26.5% | −2.1 |
| FY2021 | Dec 31, 2021 | 28.6% | −1.5 |
| FY2020 | Dec 31, 2020 | 30.1% | −7.5 |
| FY2019 | Dec 31, 2019 | 37.5% | +13.4 |
| FY2018 | Dec 31, 2018 | 24.1% | −9.5 |
| FY2017 | Dec 31, 2017 | 33.6% | −0.8 |
| FY2016 | Dec 31, 2016 | 34.4% | +18.2 |
| FY2015 | Dec 31, 2015 | 16.2% | +62.8 |
| FY2014 | Dec 31, 2014 | -46.6% | +106.6 |
| FY2013 | Dec 31, 2013 | -153.3% | +1190.1 |
| FY2012 | Dec 31, 2012 | -1343.3% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 48.7% | +14.8 |
| Q1 FY2026 | Mar 31, 2026 | 28.3% | +49.4 |
| Q4 FY2025 | Dec 31, 2025 | 94.7% | +53.8 |
| Q3 FY2025 | Sep 30, 2025 | -11.7% | −21.0 |
| Q2 FY2025 | Jun 30, 2025 | 33.9% | −8.7 |
| Q1 FY2025 | Mar 31, 2025 | -21.1% | −59.6 |
| Q4 FY2024 | Dec 31, 2024 | 40.8% | +7.8 |
| Q3 FY2024 | Sep 30, 2024 | 9.3% | +90.1 |
| Q2 FY2024 | Jun 30, 2024 | 42.6% | +37.9 |
| Q1 FY2024 | Mar 31, 2024 | 38.6% | +6.4 |
| Q4 FY2023 | Dec 31, 2023 | 33.0% | +7.6 |
| Q3 FY2023 | Sep 30, 2023 | -80.9% | −112.2 |
| Q2 FY2023 | Jun 30, 2023 | 4.7% | −10.9 |
| Q1 FY2023 | Mar 31, 2023 | 32.2% | −1.6 |
| Q4 FY2022 | Dec 31, 2022 | 25.4% | +0.6 |
| Q3 FY2022 | Sep 30, 2022 | 31.3% | −0.8 |
| Q2 FY2022 | Jun 30, 2022 | 15.6% | −13.5 |
| Q1 FY2022 | Mar 31, 2022 | 33.8% | +5.0 |
| Q4 FY2021 | Dec 31, 2021 | 24.8% | −4.1 |
| Q3 FY2021 | Sep 30, 2021 | 32.1% | +0.7 |
| Q2 FY2021 | Jun 30, 2021 | 29.1% | −0.9 |
| Q1 FY2021 | Mar 31, 2021 | 28.8% | −1.2 |
| Q4 FY2020 | Dec 31, 2020 | 28.9% | −16.9 |
| Q3 FY2020 | Sep 30, 2020 | 31.4% | −0.1 |
| Q2 FY2020 | Jun 30, 2020 | 30.0% | −11.0 |
| Q1 FY2020 | Mar 31, 2020 | 30.0% | −1.9 |
| Q4 FY2019 | Dec 31, 2019 | 45.8% | +34.0 |
| Q3 FY2019 | Sep 30, 2019 | 31.5% | +4.5 |
| Q2 FY2019 | Jun 30, 2019 | 40.9% | +15.1 |
| Q1 FY2019 | Mar 31, 2019 | 31.9% | −0.1 |
| Q4 FY2018 | Dec 31, 2018 | 11.8% | −25.6 |
| Q3 FY2018 | Sep 30, 2018 | 27.0% | −1.5 |
| Q2 FY2018 | Jun 30, 2018 | 25.8% | −10.2 |
| Q1 FY2018 | Mar 31, 2018 | 32.1% | −0.2 |
| Q4 FY2017 | Dec 31, 2017 | 37.4% | −3.1 |
| Q3 FY2017 | Sep 30, 2017 | 28.5% | −0.1 |
| Q2 FY2017 | Jun 30, 2017 | 36.1% | – |
| Q1 FY2017 | Mar 31, 2017 | 32.3% | – |
| Q4 FY2016 | Dec 31, 2016 | 40.5% | – |
| Q3 FY2016 | Sep 30, 2016 | 28.6% | – |