Global Net Lease (GNL) Gross Margin (2017 - 2019)

Global Net Lease (GNL) recorded quarterly Gross Margin of 89.45% in Q3 2019, little changed quarter-over-quarter from 89.28% in Q2 2019, and down 87.0% on a YoY basis from 688.11% in Q3 2018.

Global Net Lease (GNL) Gross Margin (2017 - 2019) Analysis & Trends

Global Net Lease's Gross Margin history runs 3 years deep, the most recent figure standing at 89.45% for Q3 2019.

  • In Q3 2019, Gross Margin fell 87.0% year-over-year to 89.45%; the TTM figure through Sep 2019 stood at 89.45% (down 63.0% YoY), while the FY2018 annual figure was 90.0%, down 57.0% from the prior year.
  • Gross Margin was 89.45% for Q3 2019 at Global Net Lease, roughly flat from 89.28% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 91.21% in Q2 2017 to a low of 89.28% in Q2 2019.
  • Historically, Gross Margin has averaged 89.95% across 3 years, with a median of 89.95% in 2018.
  • Biggest YoY gain for Gross Margin was 18 bps in 2018; the steepest drop was 127 bps in 2018.
  • A 3-year view of Gross Margin shows it stood at 90.05% in 2017, then fell by 0 bps to 89.74% in 2018, then declined by 0 bps to 89.45% in 2019.
  • The last three Gross Margin figures came in at 89.45% (Q3 2019), 89.28% (Q2 2019), and 89.34% (Q1 2019), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Vici Properties 29.90 Bn 29.42 Bn 1.01 Bn 99.36%
2 Broadstone Net Lease 4.01 Bn 4.11 Bn - -
3 American Assets Trust 1.48 Bn 1.42 Bn - -
4 Safehold 1.14 Bn 1.15 Bn 109.54 Mn 98.82%
5 Empire State Realty Trust 973.69 Mn 1.70 Bn - -
6 JBG SMITH Properties 887.28 Mn 1.38 Bn - -
7 CTO Realty Growth 676.07 Mn 676.07 Mn 31.01 Mn 75.30%
8 Gladstone Commercial 618.88 Mn 788.92 Mn - -
9 AH Realty Trust 547.30 Mn 729.64 Mn - -
10 Global Net Lease - - - -

Historic Data

Download Data
DateValue
Sep 30, 2019 89.45%
Jun 30, 2019 89.28%
Mar 31, 2019 89.34%
Dec 31, 2018 89.74%
Sep 30, 2018 90.33%
Jun 30, 2018 89.94%
Mar 31, 2018 89.97%
Dec 31, 2017 90.05%
Sep 30, 2017 90.15%
Jun 30, 2017 91.21%