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
DateValue
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