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Global Net Lease GNL Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Operating margin36%+17.3pp22.4%-10.6pp11%15.7%18.6%
EBITDA margin73.3%+15.8pp61%-10.1pp49.1%-20.1pp54.1%+2.6pp57.6%+16.4pp
Free cash flow margin37.7%-1.8pp38.2%-6.3pp39.3%-1.1pp37.7%39.5%
Returns
Return on invested capital10.3%+5.5pp6.2%-1.9pp3%-4.0pp4.1%+0.6pp4.9%+4.5pp
Efficiency
Asset turnover0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×0.0×
Debt-to-assets0.0×0.0×0.0×0.0×0.0×
Net debt / EBITDA-0.2×+0.1×-0.5×-0.2×-0.5×-0.3×-0.4×-0.1×-0.3×+0.1×
Interest coverage0.9×+0.5×0.6×-0.2×0.3×-0.4×0.4×+0.1×0.4×+0.4×
Per Share
Book value per share$7.29-12.3%$7.45-21.5%$7.70-21.9%$8.22-21.8%$8.32-24.1%
Valuation
Market capitalization$2B+8.0%$1.89B+12.0%$1.8B-7.4%$1.68B-1.0%$1.86B+3.7%
Enterprise value$1.92B+9.8%$1.75B+11.7%$1.67B-10.2%$1.57B-2.9%$1.75B+2.6%
Price / sales4.2×+0.9×3.8×+0.9×3.5×+0.1×3.1×+0.1×3.3×-0.2×
Price / book1.3×+0.3×1.1×+0.4×1.1×+0.2×0.9×+0.2×+0.3×
EV / EBITDA5.5×+0.1×5.8×+1.9×6.6×+1.9×5.5×-0.3×5.5×-2.8×
EV / sales4.1×+0.9×3.5×+0.8×3.2×0.0×2.9×0.0×3.2×-0.3×
Free cash flow yield8.9%-2.9pp10%-5.0pp11.3%-0.6pp12%11.8%
Dividend yield8.5%-5.3pp10.2%-6.0pp11.9%-3.1pp14%-1.9pp13.7%-0.1pp

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Questions, answered.

What are Global Net Lease's profit margins?
Global Net Lease (GNL) runs a 89.4% gross margin and a 36.0% operating margin, with a -54.3% net margin.
Where do Global Net Lease's ratios come from?
Every ratio is computed from Global Net Lease's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.