Global Net Lease (GNL) FCF Margin (2013 - 2026)
Global Net Lease (GNL) posted FCF Margin of 28.17% for Q3 2026, down 12.66 percentage points from 40.83% a year earlier and down 29.88 percentage points from the prior quarter.
Global Net Lease (GNL) FCF Margin (2013 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, FCF Margin at Global Net Lease was 40.65%, up 1.32 percentage points year-over-year; for FY2025, it was 38.24%, down 6.31 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of +127.21 percentage points (FY2020 to FY2025).
- In prior years, Global Net Lease's FCF Margin was 44.55% in FY2024 (+53.00 pp), -8.45% in FY2023 (-39.59 pp), 31.14% in FY2022 (+105.99 pp) and -74.85% in FY2021 (+14.12 pp).
- The Q3 2026 figure stands as the lowest quarterly FCF Margin since Q4 2023.
- On a year-over-year basis, FCF Margin increased in three of the last eight quarters, with an average year-over-year change of +5.07 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q2 2022, with a gain of 270.25 percentage points; the weakest was Q1 2023, with a drop of 89.15 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 58.05% (Q2 2026), 34.86% (Q1 2026) and 41.36% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.03 Bn | 165.05 Bn | 1.47 Bn | -78.67% |
| 2 | Prologis | 123.12 Bn | 117.08 Bn | - | 8.67% |
| 3 | Simon Property | 75.49 Bn | 71.55 Bn | - | 53.54% |
| 4 | Public Storage | 62.37 Bn | 61.09 Bn | - | 61.86% |
| 5 | Realty Income | 56.23 Bn | 54.51 Bn | - | -70.50% |
| 6 | Ventas | 46.05 Bn | 44.73 Bn | - | -44.56% |
| 7 | Extra Space Storage | 33.71 Bn | 32.62 Bn | 650.96 Mn | 42.53% |
| 8 | Vici Properties | 27.71 Bn | 26.06 Bn | 1.06 Bn | 60.78% |
| 9 | Vivmark Residential | 24.79 Bn | 24.57 Bn | - | - |
| 10 | Global Net Lease | 1.52 Bn | 905.91 Mn | - | 28.17% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 28.17% |
| Jun 30, 2026 | 58.05% |
| Mar 31, 2026 | 34.86% |
| Dec 31, 2025 | 41.36% |
| Sep 30, 2025 | 40.83% |
| Jun 30, 2025 | 33.79% |
| Mar 31, 2025 | 37.32% |
| Dec 31, 2024 | 44.96% |
| Sep 30, 2024 | 34.49% |
| Jun 30, 2024 | 41.15% |
| Mar 31, 2024 | 56.94% |
| Dec 31, 2023 | -10.68% |
| Sep 30, 2023 | -12.54% |
| Jun 30, 2023 | 18.39% |
| Mar 31, 2023 | -27.34% |
| Dec 31, 2022 | 12.16% |
| Sep 30, 2022 | 42.48% |
| Jun 30, 2022 | 7.55% |
| Mar 31, 2022 | 61.81% |
| Dec 31, 2021 | -133.24% |
Global Net Lease FCF Margin 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=fcf-margin&ticker=GNL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=GNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();