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Companies / Real Estate / Global Net Lease, Inc.
GNL

Global Net Lease, Inc.

Ticker GNLNEW YORK, NYFiscal year ends DecemberBook value per share $7.21Diluted shares 215.5M

Global Net Lease, Inc. (NYSE: GNL) is an internally managed real estate investment trust that acquires and manages income-producing net lease properties in the United States, Canada, and Western and Northern Europe. Its properties are leased to businesses across a range of industries, including industrial and… From the company’s description.

Over the twelve months to Sep 30, 2026, Global Net Lease, Inc. reported revenue of $451.59M and a net loss of $10.29M. Its operating margin was 37.9%, and operations generated $210.61M in cash. In fiscal 2025, it reported revenue of $495.29M and a net loss of $225.46M.

Fiscal year 2025 · ends 12-31No changes shown: the filing behind fiscal 2025 re-reports fiscal 2024 on a different basisThe amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$495.29MFY2025
Last 12 mo $451.59M
22.41%FY2025
Last 12 mo 37.92%
$-225.46MFY2025
Last 12 mo $-10.29M
-3.65%FY2025
Last 12 mo 6.14%
Cash & financing
$222.79MFY2025
Last 12 mo $210.61M
$189.40MFY2025
Last 12 mo $197.75M
1.51FY2025
Last 12 mo 1.78
223.3MFY2025
Last 12 mo 215.5M

Dotted labels explain each measure. is shown separately from the annual figures.

What Global Net Lease, Inc. does

In the company’s own words

Global Net Lease, Inc. (NYSE: GNL) is an internally managed real estate investment trust that acquires and manages income-producing net lease properties in the United States, Canada, and Western and Northern Europe. Its properties are leased to businesses across a range of industries, including industrial and distribution, retail, and office tenants. The company reports three segments: Industrial & Distribution, Retail, and Office, representing 46%, 27%, and 27% of annualized straight-line rent, respectively, at December 31, 2025. Its portfolio comprised 820 properties and 40.7 million rentable square feet at that date, and was 97% leased. Global Net Lease conducts substantially all its business through two operating partnerships and their subsidiaries. Its current structure also reflects its 2023 acquisition of The Necessity Retail REIT and related internalization. In 2025, it completed the sale of 99 multi-tenant retail properties. Its website is www.globalnetlease.com.

Company details
Sector
Real Estate
Industry (SIC)
REITs
Headquarters
NEW YORK, NY
Fiscal year end
December
CIK
1526113
SIC
6798

Financial performance, year by year

Fiscal 2012–2025 · USD
$-328.50M$-19.36M$289.78M$598.92M$908.06M20122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Global Net Lease, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

220
funds hold it
0 of 35
superinvestors hold it
$744.53M
held by funds, at market
36.5%
of shares held by funds
2
bond issues held by funds

Largest fund holders · Global Net Lease, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.08%of fund net assets
VANGUARD REAL ESTATE INDEX FUND
VNQ · VANGUARD SPECIALIZED FUNDS
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.05%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.02%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Global Net Lease, Inc.’s bonds, as funds hold them

Funds report holding 2 issues of Global Net Lease, Inc.’s debt, $115.96M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.48%, maturing 2027 to 2028.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Global Net Lease, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Global Net Lease, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Global Net Lease, Inc.'s last four quarterly filings that the numbers alone won't show?”
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