Global Net Lease (GNL) Interest Coverage Ratio (2013 - 2026)

Global Net Lease's (GNL) quarterly Interest Coverage Ratio came in at 0.59 in Q1 2026, up 212.81% year-on-year from 0.19 in Q1 2025, and up 56.23% quarter-over-quarter from 0.38 in Q4 2025.

Global Net Lease (GNL) Interest Coverage Ratio (2013 - 2026) Analysis & Trends

Global Net Lease's Interest Coverage Ratio history runs 14 years deep, the most recent figure standing at 0.59 for Q1 2026.

  • On a quarterly basis, Interest Coverage Ratio rose 212.81% year-over-year to 0.59 in Q1 2026; TTM through Mar 2026 was 0.37, a 92.29% increase from a year earlier, with the FY2025 full-year figure at 0.08, down 83.67% from the prior year.
  • Interest Coverage Ratio grew to 0.59 in Q1 2026 per GNL's latest filing, from 0.38 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 1.36 in Q1 2022 and bottomed at 2.32 in Q3 2023.
  • The 5-year median for Interest Coverage Ratio is 0.63 (2022), against an average of 0.39.
  • Across the five-year window, Interest Coverage Ratio sank 294.7% in 2023 and surged 2569.38% in 2025, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 0.93 in 2022, then dropped by 18.86% to 0.75 in 2023, then slumped by 102.03% to 0.02 in 2024, then surged by 2569.38% to 0.38 in 2025, then soared by 56.23% to 0.59 in 2026.
  • Per Business Quant, the three latest GNL Interest Coverage Ratio figures stand at 0.59 (Q1 2026), 0.38 (Q4 2025), and 0.31 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Vici Properties 28.12 Bn 27.64 Bn 1.01 Bn 4.16
2 W. P. Carey 16.60 Bn 16.61 Bn 434.82 Mn 2.29
3 Broadstone Net Lease 4.29 Bn 4.40 Bn - -
4 American Assets Trust 1.47 Bn 1.41 Bn - 3.51
5 Safehold 1.15 Bn -2.44 Bn 109.54 Mn 0.48
6 Empire State Realty Trust 930.17 Mn 1.66 Bn - 1.05
7 Cim 917.30 Mn 735.54 Mn - -
8 JBG SMITH Properties 855.38 Mn 1.35 Bn - 1.71
9 CTO Realty Growth 725.13 Mn 725.13 Mn 31.01 Mn 0.93
10 Global Net Lease 521.56 Mn 396.08 Mn - 0.59

Historic Data

Download Data
DateValue
Mar 31, 2026 0.59
Dec 31, 2025 0.38
Sep 30, 2025 -0.31
Jun 30, 2025 0.79
Mar 31, 2025 -0.52
Dec 31, 2024 -0.02
Sep 30, 2024 0.22
Jun 30, 2024 0.86
Mar 31, 2024 0.88
Dec 31, 2023 0.75
Sep 30, 2023 -2.32
Jun 30, 2023 0.16
Mar 31, 2023 1.13
Dec 31, 2022 0.93
Sep 30, 2022 1.19
Jun 30, 2022 0.63
Mar 31, 2022 1.36
Dec 31, 2021 1.03
Sep 30, 2021 1.19
Jun 30, 2021 1.21