Global Net Lease (GNL) Gross Margin (2017 - 2019)
Global Net Lease's (GNL) quarterly Gross Margin came in at 89.45% in Q3 2019, down 87.0% year-on-year from 688.11% in Q3 2018, and little changed quarter-over-quarter from 89.28% in Q2 2019.
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.
- On a quarterly basis, Gross Margin fell 87.0% year-over-year to 89.45% in Q3 2019; TTM through Sep 2019 was 89.45%, a 63.0% decrease from a year earlier, with the FY2018 full-year figure at 90.0%, down 57.0% from the prior year.
- Gross Margin was little changed at 89.45% in Q3 2019 per GNL's latest filing, from 89.28% in the prior quarter.
- Across five years, Gross Margin topped out at 91.21% in Q2 2017 and bottomed at 89.28% in Q2 2019.
- The 3-year median for Gross Margin is 89.95% (2018), against an average of 89.95%.
- Biggest YoY gain for Gross Margin was 18 bps in 2018; the steepest drop was 127 bps in 2018.
- Year by year, Gross Margin 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.
- Per Business Quant, the three latest GNL Gross Margin figures stand at 89.45% (Q3 2019), 89.28% (Q2 2019), and 89.34% (Q1 2019).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.62 Bn | 28.14 Bn | 1.01 Bn | 99.36% |
| 2 | W. P. Carey | 16.93 Bn | 16.93 Bn | 434.82 Mn | 95.67% |
| 3 | Broadstone Net Lease | 4.27 Bn | 4.25 Bn | - | - |
| 4 | Global Net Lease | 1.90 Bn | 1.78 Bn | - | - |
| 5 | American Assets Trust | 1.47 Bn | 1.47 Bn | - | - |
| 6 | Safehold | 1.19 Bn | -2.44 Bn | 109.54 Mn | 98.82% |
| 7 | Empire State Realty Trust | 969.42 Mn | 969.42 Mn | - | - |
| 8 | Cim | 917.30 Mn | 735.54 Mn | - | - |
| 9 | JBG SMITH Properties | 858.04 Mn | 858.04 Mn | - | - |
| 10 | CTO Realty Growth | 716.07 Mn | 716.07 Mn | 31.01 Mn | 75.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |