Global Net Lease (GNL) FCF Payout Ratio (2013 - 2026)

Global Net Lease's (GNL) quarterly FCF Payout Ratio came in at 1.08 in Q1 2026, little changed year-on-year from 1.08 in Q1 2025, and up 110.42% quarter-over-quarter from 0.52 in Q4 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.

  • On a quarterly basis, FCF Payout Ratio changed 0.25% year-over-year to 1.08 in Q1 2026; TTM through Mar 2026 was 0.84, a 1442.12% increase from a year earlier, with the FY2025 full-year figure at 0.86, up 187951.5% from the prior year.
  • FCF Payout Ratio advanced to 1.08 in Q1 2026 per GNL's latest filing, from 0.52 in the prior quarter.
  • Across five years, FCF Payout Ratio topped out at 4.03 in Q4 2022 and bottomed at 1.94 in Q4 2024.
  • The 5-year median for FCF Payout Ratio is 1.07 (2024), against an average of 1.07.
  • Across the five-year window, FCF Payout Ratio plunged 232.4% in 2024 and soared 222008.66% in 2025, its largest moves.
  • Year by year, FCF Payout Ratio stood at 4.03 in 2022, then sank by 63.52% to 1.47 in 2023, then sank by 232.4% to 1.94 in 2024, then jumped by 126.5% to 0.52 in 2025, then surged by 110.42% to 1.08 in 2026.
  • Per Business Quant, the three latest GNL FCF Payout Ratio figures stand at 1.08 (Q1 2026), 0.52 (Q4 2025), and 0.86 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Vici Properties 28.62 Bn 28.14 Bn 1.01 Bn 0.77
2 W. P. Carey 16.93 Bn 16.93 Bn 434.82 Mn -0.97
3 Broadstone Net Lease 4.27 Bn 4.25 Bn - 0.75
4 Global Net Lease 1.90 Bn 1.78 Bn - 1.08
5 American Assets Trust 1.47 Bn 1.47 Bn - 1.15
6 Safehold 1.19 Bn -2.44 Bn 109.54 Mn -1.48
7 Empire State Realty Trust 969.42 Mn 969.42 Mn - 0.07
8 Cim 917.30 Mn 735.54 Mn - 0.92
9 JBG SMITH Properties 858.04 Mn 858.04 Mn - -0.14
10 CTO Realty Growth 716.07 Mn 716.07 Mn 31.01 Mn 0.02

Historic Data

Download Data
DateValue
Mar 31, 2026 1.08
Dec 31, 2025 0.52
Sep 30, 2025 0.86
Jun 30, 2025 1.34
Mar 31, 2025 1.08
Dec 31, 2024 -1.94
Sep 30, 2024 1.33
Jun 30, 2024 1.07
Mar 31, 2024 0.00
Dec 31, 2023 1.47
Sep 30, 2023 2.85
Jun 30, 2023 2.36
Mar 31, 2023 0.00
Dec 31, 2022 4.03
Sep 30, 2022 1.06
Jun 30, 2022 1.01
Mar 31, 2022 0.00
Dec 31, 2021 4.47
Sep 30, 2021 0.41
Jun 30, 2021 284.62