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
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%