Global Net Lease (GNL) Depreciation and Depletion (2012 - 2026)
Global Net Lease's Depreciation and Depletion came in at $27.87 million for Q2 2026, down 9.2% from $30.69 million a year earlier and down 0.9% from the prior quarter.
Global Net Lease (GNL) Depreciation and Depletion (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Global Net Lease reported Depreciation and Depletion of $116.72 million, down 26.4% year-over-year; for FY2025, it came in at $132.88 million, down 24.6% from FY2024.
- Depreciation and Depletion carries a five-year compound annual growth rate of 10.6% (FY2020 to FY2025).
- Going back by year, Depreciation and Depletion was $176.21 million in FY2024 (+45.3%), $121.31 million in FY2023 (+26.1%), $96.19 million in FY2022 (+2.2%) and $94.08 million in FY2021 (+16.9%).
- The Q2 2026 figure represents the lowest quarterly Depreciation and Depletion since Q2 2023.
- Year-over-year, Depreciation and Depletion has declined for seven consecutive quarters, with an average decline of 11.4% over the last eight quarters.
- The fastest year-over-year change in Depreciation and Depletion over five years came in Q4 2023 (growth of 90.9%), and the weakest in Q1 2026 (a decline of 32.2%).
- Business Quant data shows GNL's Depreciation and Depletion at $28.14 million (Q1 2026), $29.9 million (Q4 2025) and $30.82 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 164.16 Bn | 146.67 Bn | 1.39 Bn | - |
| 2 | Prologis | 120.28 Bn | 124.68 Bn | - | - |
| 3 | Simon Property | 68.97 Bn | 70.18 Bn | - | - |
| 4 | Realty Income | 51.22 Bn | 53.60 Bn | - | - |
| 5 | Public Storage | 49.85 Bn | 48.94 Bn | - | 271.79 Mn |
| 6 | Ventas | 43.09 Bn | 42.28 Bn | - | - |
| 7 | Extra Space Storage | 28.15 Bn | 28.15 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 24.95 Bn | 23.07 Bn | 1.05 Bn | 998,000.00 |
| 9 | Vivmark Residential | 22.41 Bn | 22.60 Bn | - | 246.38 Mn |
| 10 | Global Net Lease | 1.74 Bn | 1.12 Bn | - | 27.87 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.87 Mn |
| Mar 31, 2026 | 28.14 Mn |
| Dec 31, 2025 | 29.90 Mn |
| Sep 30, 2025 | 30.82 Mn |
| Jun 30, 2025 | 30.69 Mn |
| Mar 31, 2025 | 41.47 Mn |
| Dec 31, 2024 | 42.81 Mn |
| Sep 30, 2024 | 43.70 Mn |
| Jun 30, 2024 | 45.04 Mn |
| Mar 31, 2024 | 44.65 Mn |
| Dec 31, 2023 | 44.82 Mn |
| Sep 30, 2023 | 28.52 Mn |
| Jun 30, 2023 | 24.16 Mn |
| Mar 31, 2023 | 23.82 Mn |
| Dec 31, 2022 | 23.48 Mn |
| Sep 30, 2022 | 23.75 Mn |
| Jun 30, 2022 | 24.38 Mn |
| Mar 31, 2022 | 24.57 Mn |
| Dec 31, 2021 | 24.18 Mn |
| Sep 30, 2021 | 23.95 Mn |
Global Net Lease Depreciation and Depletion 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=depreciation-and-depletion&ticker=GNL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "GNL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=GNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();