Global Industrial (GIC) Operating Leases (2019 - 2026)
Global Industrial's Operating Leases came in at $80.4 million for Q3 2026, down 19.7% from $100.1 million a year earlier and down 4.9% from the prior quarter.
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Analysis
Global Industrial (GIC) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Global Industrial's Operating Leases was $87.5 million, up 26.8% from FY2024.
- Operating Leases carries a five-year compound annual growth rate of 2.5% (FY2020 to FY2025).
- Going back by year, Operating Leases was $69 million in FY2024 (-15.2%), $81.4 million in FY2023 (-8.6%), $89.1 million in FY2022 (+30.1%) and $68.5 million in FY2021 (-11.3%).
- The Q3 2026 figure represents the lowest quarterly Operating Leases since Q1 2025.
- Year-over-year, Operating Leases increased in four of the last eight quarters, with growth averaging 7.3%.
- The fastest year-over-year change in Operating Leases over five years came in Q3 2025 (growth of 39.0%), and the weakest in Q3 2026 (a decline of 19.7%).
- Business Quant data shows GIC's Operating Leases at $84.5 million (Q2 2026), $83.3 million (Q1 2026) and $87.5 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | United Rentals | 70.32 Bn | 69.44 Bn | 2.05 Bn |
| 2 | W.W. Grainger | 68.06 Bn | 65.42 Bn | 2.01 Bn |
| 3 | Fastenal | 62.73 Bn | 61.73 Bn | 1.10 Bn |
| 4 | Ferguson Enterprises | 50.77 Bn | 47.99 Bn | 2.32 Bn |
| 5 | Sunbelt Rentals Holdings | 33.62 Bn | 33.50 Bn | 1.25 Bn |
| 6 | Reliance | 21.51 Bn | 20.57 Bn | 1.45 Bn |
| 7 | Wesco International | 15.41 Bn | 12.46 Bn | 1.57 Bn |
| 8 | Watsco | 12.14 Bn | 9.83 Bn | 578.93 Mn |
| 9 | Applied Industrial Technologies | 10.93 Bn | 10.82 Bn | 392.21 Mn |
| 10 | Global Industrial | 1.77 Bn | 1.44 Bn | 138.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 80.40 Mn |
| Jun 30, 2026 | 84.50 Mn |
| Mar 31, 2026 | 83.30 Mn |
| Dec 31, 2025 | 87.50 Mn |
| Sep 30, 2025 | 100.10 Mn |
| Jun 30, 2025 | 92.10 Mn |
| Mar 31, 2025 | 66.30 Mn |
| Dec 31, 2024 | 69.00 Mn |
| Sep 30, 2024 | 72.00 Mn |
| Jun 30, 2024 | 73.90 Mn |
| Mar 31, 2024 | 77.80 Mn |
| Dec 31, 2023 | 81.40 Mn |
| Sep 30, 2023 | 84.10 Mn |
| Jun 30, 2023 | 88.00 Mn |
| Mar 31, 2023 | 86.20 Mn |
| Dec 31, 2022 | 89.10 Mn |
| Sep 30, 2022 | 89.70 Mn |
| Jun 30, 2022 | 95.90 Mn |
| Mar 31, 2022 | 65.80 Mn |
| Dec 31, 2021 | 68.50 Mn |
API Access
Global Industrial Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=GIC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "GIC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=GIC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();