Global Net Lease (GNL) Free Cash Flow (2012 - 2026)
Global Net Lease's Free Cash Flow was $31.8 million in Q3 2026, down 35.6% from $49.41 million a year earlier and down 51.3% from the prior quarter.
Global Net Lease (GNL) Free Cash Flow (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Global Net Lease's Free Cash Flow was $183.57 million through Sep 30, 2026, down 9.6% year-over-year; for FY2025, it was $189.4 million, down 25.4% from FY2024.
- In earlier years, Free Cash Flow was $253.84 million in FY2024, -$37.65 million in FY2023, $117.98 million in FY2022 and -$292.82 million in FY2021.
- The Q3 2026 figure marks the lowest quarterly Free Cash Flow since Q4 2023.
- Compared with a year earlier, Free Cash Flow was higher in two of the last seven quarters, with an average decline of 13.3%.
- The best year-over-year quarter for Free Cash Flow over five years was Q2 2024 (growth of 239.6%); the worst was Q1 2025 (a decline of 41.3%).
- Per Business Quant data, GNL's Free Cash Flow in the three quarters before Q3 2026 was $65.29 million (Q2 2026), $38.1 million (Q1 2026) and $48.38 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.03 Bn | 165.05 Bn | 1.47 Bn | -2.92 Bn |
| 2 | Prologis | 123.12 Bn | 117.08 Bn | - | 207.06 Mn |
| 3 | Simon Property | 75.49 Bn | 71.55 Bn | - | 958.67 Mn |
| 4 | Public Storage | 62.37 Bn | 61.09 Bn | - | 845.17 Mn |
| 5 | Realty Income | 56.23 Bn | 54.51 Bn | - | -1.14 Bn |
| 6 | Ventas | 46.05 Bn | 44.73 Bn | - | -816.27 Mn |
| 7 | Extra Space Storage | 33.71 Bn | 32.62 Bn | 650.96 Mn | 378.47 Mn |
| 8 | Vici Properties | 27.71 Bn | 26.06 Bn | 1.06 Bn | 647.58 Mn |
| 9 | Vivmark Residential | 24.79 Bn | 24.57 Bn | - | 185.11 Mn |
| 10 | Global Net Lease | 1.52 Bn | 905.91 Mn | - | 31.80 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 31.80 Mn |
| Jun 30, 2026 | 65.29 Mn |
| Mar 31, 2026 | 38.10 Mn |
| Dec 31, 2025 | 48.38 Mn |
| Sep 30, 2025 | 49.41 Mn |
| Jun 30, 2025 | 42.20 Mn |
| Mar 31, 2025 | 49.41 Mn |
| Dec 31, 2024 | 61.95 Mn |
| Sep 30, 2024 | 47.82 Mn |
| Jun 30, 2024 | 59.86 Mn |
| Mar 31, 2024 | 84.21 Mn |
| Dec 31, 2023 | -14.68 Mn |
| Sep 30, 2023 | -14.82 Mn |
| Jun 30, 2023 | 17.63 Mn |
| Mar 31, 2023 | -25.79 Mn |
| Dec 31, 2022 | 11.43 Mn |
| Sep 30, 2022 | 39.34 Mn |
| Jun 30, 2022 | 7.18 Mn |
| Mar 31, 2022 | 60.04 Mn |
| Dec 31, 2021 | -141.92 Mn |
Global Net Lease Free Cash Flow 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=free-cash-flow&ticker=GNL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=GNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();