Global Net Lease (GNL) FCF Payout Ratio (2015 - 2026)
Global Net Lease's FCF Payout Ratio was 0.62 in Q2 2026, down 39.7% from 1.03 a year earlier and down 42.7% from the prior quarter.
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Analysis
Global Net Lease (GNL) FCF Payout Ratio (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Global Net Lease's FCF Payout Ratio was 0.83 through Jun 30, 2026, down 29.0% year-over-year; for FY2025, it came in at 1.01, down 5.5% from FY2024.
- In earlier years, FCF Payout Ratio was 1.07 in FY2024 (-50.0%), 2.15 in FY2023 (+95.4%), 1.10 in FY2022 (+29.8%) and 0.85 in FY2021 (-6.9%).
- The Q2 2026 figure marks the lowest quarterly FCF Payout Ratio since Q3 2021.
- Compared with a year earlier, FCF Payout Ratio has declined for five straight quarters, with an average decline of 18.3% over the last seven quarters.
- The best year-over-year quarter for FCF Payout Ratio over five years was Q4 2022 (growth of 184.9%); the worst was Q2 2022 (a decline of 91.0%).
- Per Business Quant data, GNL's FCF Payout Ratio in the three quarters before Q2 2026 was 1.08 (Q1 2026), 0.87 (Q4 2025) and 0.86 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | - |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | - |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 0.70 |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 0.71 |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 0.56 |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 0.62 |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 0.69 |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Global Net Lease | 1.74 Bn | 1.12 Bn | - | 0.62 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.62 |
| Mar 31, 2026 | 1.08 |
| Dec 31, 2025 | 0.87 |
| Sep 30, 2025 | 0.86 |
| Jun 30, 2025 | 1.03 |
| Mar 31, 2025 | 1.29 |
| Dec 31, 2024 | 1.03 |
| Sep 30, 2024 | 1.33 |
| Jun 30, 2024 | 1.06 |
| Mar 31, 2024 | 0.97 |
| Dec 31, 2023 | 2.15 |
| Jun 30, 2023 | 2.36 |
| Mar 31, 2023 | 0.75 |
| Dec 31, 2022 | 3.65 |
| Sep 30, 2022 | 1.07 |
| Jun 30, 2022 | 1.01 |
| Mar 31, 2022 | 0.69 |
| Dec 31, 2021 | 1.28 |
| Sep 30, 2021 | 0.41 |
| Jun 30, 2021 | 11.28 |
API Access
Global Net Lease FCF Payout Ratio 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-payout-ratio&ticker=GNL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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-payout-ratio&ticker=GNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();