Global Net Lease (GNL) Interest Coverage Ratio (2013 - 2026)
Global Net Lease's Interest Coverage Ratio came in at 1.41 for Q2 2026, up 77.8% from 0.79 a year earlier and up 78.6% from the prior quarter.
Global Net Lease (GNL) Interest Coverage Ratio (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Global Net Lease reported Interest Coverage Ratio of 1.10, up 196.9% year-over-year; for FY2025, it was 0.57, down 22.5% from FY2024.
- Going back by year, Interest Coverage Ratio was 0.74 in FY2024, -0.10 in FY2023, 1.03 in FY2022 (-13.1%) and 1.19 in FY2021 (-14.3%).
- The five-year range for quarterly Interest Coverage Ratio is -2.32 (Q3 2023) to 2.60 (Q4 2025).
- Year-over-year, Interest Coverage Ratio increased in three of the last four quarters, with growth averaging 68.8%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q2 2024 (growth of 431.2%), and the weakest in Q2 2023 (a decline of 74.3%).
- Business Quant data shows GNL's Interest Coverage Ratio at 0.79 (Q1 2026), 2.60 (Q4 2025) and -0.31 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | - |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 4.53 |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 3.27 |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 2.27 |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 5.50 |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 1.34 |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 3.50 |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 2.46 |
| 10 | Global Net Lease | 1.74 Bn | 1.12 Bn | - | 1.41 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.41 |
| Mar 31, 2026 | 0.79 |
| Dec 31, 2025 | 2.60 |
| Sep 30, 2025 | -0.31 |
| Jun 30, 2025 | 0.79 |
| Mar 31, 2025 | -0.52 |
| Dec 31, 2024 | 0.94 |
| Sep 30, 2024 | 0.22 |
| Jun 30, 2024 | 0.86 |
| Mar 31, 2024 | 0.88 |
| Dec 31, 2023 | 0.73 |
| Sep 30, 2023 | -2.32 |
| Jun 30, 2023 | 0.16 |
| Mar 31, 2023 | 1.13 |
| Dec 31, 2022 | 0.93 |
| Sep 30, 2022 | 1.20 |
| Jun 30, 2022 | 0.63 |
| Mar 31, 2022 | 1.36 |
| Dec 31, 2021 | 1.10 |
| Sep 30, 2021 | 1.24 |
Global Net Lease Interest Coverage Ratio 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=interest-coverage-ratio&ticker=GNL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=GNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();