Global Net Lease (GNL) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Global Net Lease

NYSE•Real Estate•REIT - Diversified

$8.87-0.14(-0.02%)Pre-market

Market Cap

$1.88B

P/S

4.1x

P/B

1.2x

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

How this company scores

AverageMetricSide Score: 48/100

Strongest: Profitability (17/25); weakest: Growth (9/25).

Profitability17/25

Growth9/25

Balance Sheet & Red Flags12/25

Cash & Earnings Quality10/25

Strengths

Long cash runwayConsistent free cash flowProfit converts from growthImproving margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 2208.9x5y range 48.9x – 2208.9x

Currently above its 7-quarter median.

P/S · 4.1x5y range 2.1x – 4.4x

Currently above its 20-quarter median.

P/B · 1.2x5y range 0.5x – 1.3x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

FCF consistently trails net income (avg -0.1x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $1.88B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $459.73M
Q. Revenue: $112.47M
TTM EBITDA: $354.57M
TTM Op. Income: $182.23M
Q. Op. Income: $54.73M
TTM Net Income: $-13.53M
Q. Net Income: $3.49M
EPS: $-0.04
Shares Out.: $211.34M

$459.73M in TTM revenue declined 29.6% YoY, reaching $112.47M last quarter. TTM EBITDA of $354.57M and TTM operating income of $182.23M show growth is flowing through to the bottom line. However, net income is negative at $13.53M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has fallen for 7 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 85.6%
Op. Margin: 48.7%
Net Margin: 3.1%

Op. margin of 48.7% is up 14.8% YoY — cost efficiency is improving. Net margin at 3.1% Over the past year, operating margin is up 44% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 4.1x
P/B Ratio: 1.2x

P/S of 4.1x and P/B of 1.2x.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $4.07B
Cash: $153.64M
Long-Term Debt: $2.40B
Book Value: $1.51B
D/E Ratio: 1.6
Debt/EBITDA: 24.9

With $4.07B in assets and $2.40B in long-term debt, D/E is 1.6and book value is $1.51B — moderate leverage. Across the last 8 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $67.11M
TTM Free Cash Flow: $201.18M
FCF Margin: 43.8%
FCF / Net Income: -14.9

TTM FCF of $201.18M on $67.11M in operating cash flow. The FCF / Net Income ratio of -14.9x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is down 0% — an improving trend.