Global Net Lease (GNL) FCF Payout Ratio (2013 - 2026)
Global Net Lease (GNL) recorded quarterly FCF Payout Ratio of 1.08 in Q1 2026, down 42.92% quarter-over-quarter from 1.9 in Q4 2025, and little changed on a YoY basis from 1.08 in Q1 2025.
Global Net Lease (GNL) FCF Payout Ratio (2013 - 2026) Analysis & Trends
Global Net Lease's FCF Payout Ratio history runs 14 years deep, the most recent figure standing at 1.08 for Q1 2026.
- In Q1 2026, FCF Payout Ratio changed 0.25% year-over-year to 1.08; the TTM figure through Mar 2026 stood at 1.01 (down 50.42% YoY), while the FY2025 annual figure was 1.01, down 5.61% from the prior year.
- FCF Payout Ratio was 1.08 for Q1 2026 at Global Net Lease, down from 1.9 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 9.23 in Q4 2024 to a low of 3.21 in Q4 2023.
- Historically, FCF Payout Ratio has averaged 1.27 across 5 years, with a median of 1.01 in 2022.
- The sharpest annual moves came in 2022 and 2023: FCF Payout Ratio surged 104578.87% in 2022, then slumped 367.2% in 2023.
- A 5-year view of FCF Payout Ratio shows it stood at 3.62 in 2022, then tumbled by 188.57% to 3.21 in 2023, then surged by 387.73% to 9.23 in 2024, then sank by 79.42% to 1.9 in 2025, then slumped by 42.92% to 1.08 in 2026.
- The last three FCF Payout Ratio figures came in at 1.08 (Q1 2026), 1.9 (Q4 2025), and 0.76 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.90 Bn | 29.42 Bn | 1.01 Bn | 0.77 |
| 2 | Broadstone Net Lease | 4.01 Bn | 4.11 Bn | - | 0.03 |
| 3 | American Assets Trust | 1.48 Bn | 1.42 Bn | - | 1.15 |
| 4 | Safehold | 1.14 Bn | 1.15 Bn | 109.54 Mn | -1.49 |
| 5 | Empire State Realty Trust | 973.69 Mn | 1.70 Bn | - | 0.07 |
| 6 | JBG SMITH Properties | 887.28 Mn | 1.38 Bn | - | -0.17 |
| 7 | CTO Realty Growth | 676.07 Mn | 676.07 Mn | 31.01 Mn | 1.14 |
| 8 | Gladstone Commercial | 618.88 Mn | 788.92 Mn | - | 0.98 |
| 9 | AH Realty Trust | 547.30 Mn | 729.64 Mn | - | 0.02 |
| 10 | Global Net Lease | - | - | - | 1.08 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.08 |
| Dec 31, 2025 | 1.90 |
| Sep 30, 2025 | 0.76 |
| Jun 30, 2025 | 0.83 |
| Mar 31, 2025 | 1.08 |
| Dec 31, 2024 | 9.23 |
| Sep 30, 2024 | 1.03 |
| Jun 30, 2024 | 0.82 |
| Mar 31, 2024 | 0.97 |
| Dec 31, 2023 | -3.21 |
| Sep 30, 2023 | -2.83 |
| Jun 30, 2023 | 2.87 |
| Mar 31, 2023 | 0.71 |
| Dec 31, 2022 | 3.62 |
| Sep 30, 2022 | 1.06 |
| Jun 30, 2022 | 1.01 |
| Mar 31, 2022 | 0.69 |
| Dec 31, 2021 | 4.47 |
| Sep 30, 2021 | 0.00 |
| Jun 30, 2021 | 79.10 |