Global Net Lease (GNL) FCF Payout Ratio (2015 - 2026)
Global Net Lease's FCF Payout Ratio was 1.27 in Q3 2026, up 48.3% from 0.86 a year earlier and up 104.4% 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 0.90 through Sep 30, 2026, down 14.7% 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 and 1.41 in FY2022.
- The Q3 2026 figure marks the highest quarterly FCF Payout Ratio since Q1 2025.
- Compared with a year earlier, FCF Payout Ratio was higher in two of the last seven quarters, with an average decline of 3.9%.
- The best year-over-year quarter for FCF Payout Ratio over five years was Q3 2022 (growth of 61.0%); the worst was Q2 2023 (a decline of 59.1%).
- Per Business Quant data, GNL's FCF Payout Ratio in the three quarters before Q3 2026 was 0.62 (Q2 2026), 1.08 (Q1 2026) and 0.87 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.03 Bn | 165.05 Bn | 1.47 Bn | - |
| 2 | Prologis | 123.12 Bn | 117.08 Bn | - | - |
| 3 | Simon Property | 75.49 Bn | 71.55 Bn | - | - |
| 4 | Public Storage | 62.37 Bn | 61.09 Bn | - | 0.04 |
| 5 | Realty Income | 56.23 Bn | 54.51 Bn | - | - |
| 6 | Ventas | 46.05 Bn | 44.73 Bn | - | - |
| 7 | Extra Space Storage | 33.71 Bn | 32.62 Bn | 650.96 Mn | 0.90 |
| 8 | Vici Properties | 27.71 Bn | 26.06 Bn | 1.06 Bn | 0.77 |
| 9 | Vivmark Residential | 24.79 Bn | 24.57 Bn | - | 1.42 |
| 10 | Global Net Lease | 1.52 Bn | 905.91 Mn | - | 1.27 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.27 |
| 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 |
| Jun 30, 2023 | 2.36 |
| Dec 31, 2022 | 3.65 |
| Sep 30, 2022 | 1.07 |
| Jun 30, 2022 | 5.79 |
| Mar 31, 2022 | 0.69 |
| Sep 30, 2021 | 0.66 |
| Mar 31, 2021 | 0.72 |
| Sep 30, 2020 | 1.87 |
| Jun 30, 2020 | 2.32 |
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();