Global Net Lease (GNL-PE) Gross Margin (2017 - 2019)
Global Net Lease (GNL-PE) recorded quarterly Gross Margin of 89.45% in Q3 2019, little changed quarter-over-quarter from 89.28% in Q2 2019, and down 87.0% on a YoY basis from 688.11% in Q3 2018.
Global Net Lease (GNL-PE) Gross Margin (2017 - 2019) Analysis & Trends
Global Net Lease's Gross Margin history runs 3 years deep, the most recent figure standing at 89.45% for Q3 2019.
- In Q3 2019, Gross Margin fell 87.0% year-over-year to 89.45%; the TTM figure through Sep 2019 stood at 89.45% (down 63.0% YoY), while the FY2018 annual figure was 90.0%, down 57.0% from the prior year.
- Gross Margin was 89.45% for Q3 2019 at Global Net Lease, roughly flat from 89.28% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 91.21% in Q2 2017 to a low of 89.28% in Q2 2019.
- Historically, Gross Margin has averaged 89.95% across 3 years, with a median of 89.95% in 2018.
- Biggest YoY gain for Gross Margin was 18 bps in 2018; the steepest drop was 127 bps in 2018.
- A 3-year view of Gross Margin shows it stood at 90.05% in 2017, then fell by 0 bps to 89.74% in 2018, then declined by 0 bps to 89.45% in 2019.
- The last three Gross Margin figures came in at 89.45% (Q3 2019), 89.28% (Q2 2019), and 89.34% (Q1 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.26 Bn | 28.78 Bn | 1.01 Bn | 99.36% |
| 2 | Broadstone Net Lease | 3.95 Bn | 4.05 Bn | - | - |
| 3 | American Assets Trust | 1.46 Bn | 1.40 Bn | - | - |
| 4 | Safehold | 1.13 Bn | 1.14 Bn | 109.54 Mn | 98.82% |
| 5 | Empire State Realty Trust | 916.51 Mn | 1.65 Bn | - | - |
| 6 | JBG SMITH Properties | 880.19 Mn | 1.38 Bn | - | - |
| 7 | CTO Realty Growth | 672.82 Mn | 672.82 Mn | 31.01 Mn | 75.30% |
| 8 | Gladstone Commercial | 608.72 Mn | 778.76 Mn | - | - |
| 9 | AH Realty Trust | 540.92 Mn | 723.25 Mn | - | - |
| 10 | Global Net Lease | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2019 | 89.45% |
| Jun 30, 2019 | 89.28% |
| Mar 31, 2019 | 89.34% |
| Dec 31, 2018 | 89.74% |
| Sep 30, 2018 | 90.33% |
| Jun 30, 2018 | 89.94% |
| Mar 31, 2018 | 89.97% |
| Dec 31, 2017 | 90.05% |
| Sep 30, 2017 | 90.15% |
| Jun 30, 2017 | 91.21% |