Global Net Lease (GNL) FCF Margin (2013 - 2026)
Global Net Lease (GNL) posted FCF Margin of 58.05% for Q2 2026, up 24.26 percentage points from 33.79% a year earlier and up 23.19 percentage points from the prior quarter.
Global Net Lease (GNL) FCF Margin (2013 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Margin at Global Net Lease was 43.76%, up 6.03 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 -13.40 percentage points (FY2020 to FY2025).
- In prior years, Global Net Lease's FCF Margin was 44.55% in FY2024 (+22.91 pp), 21.64% in FY2023 (-18.45 pp), 40.09% in FY2022 (-7.09 pp) and 47.18% in FY2021 (-4.46 pp).
- The Q2 2026 figure stands as the highest quarterly FCF Margin since Q1 2023.
- On a year-over-year basis, FCF Margin increased in four of the last eight quarters, with an average year-over-year change of +7.73 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q3 2021, with a gain of 48.43 percentage points; the weakest was Q3 2022, with a drop of 60.62 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 34.86% (Q1 2026), 41.36% (Q4 2025) and 40.83% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 19.31% |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 52.96% |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 70.29% |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 65.90% |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 26.29% |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 63.45% |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 66.74% |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Global Net Lease | 1.74 Bn | 1.12 Bn | - | 58.05% |
Historic Data
| Date | Value |
|---|---|
| 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 | 27.70% |
| Sep 30, 2023 | -12.54% |
| Jun 30, 2023 | 18.39% |
| Mar 31, 2023 | 58.91% |
| Dec 31, 2022 | 12.16% |
| Sep 30, 2022 | 42.48% |
| Jun 30, 2022 | 43.16% |
| Mar 31, 2022 | 61.81% |
| Dec 31, 2021 | 30.49% |
| Sep 30, 2021 | 103.11% |
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();