Global Net Lease (GNL) Interest Coverage Ratio (2013 - 2026)
Global Net Lease's Interest Coverage Ratio came in at -0.65 for Q3 2026, compared with -0.31 a year earlier.
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Analysis
Global Net Lease (GNL) Interest Coverage Ratio (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Global Net Lease reported Interest Coverage Ratio of 1.07, up 302.2% 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 Q3 2026 figure represents the lowest quarterly Interest Coverage Ratio since Q3 2023.
- 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 1.41 (Q2 2026), 0.79 (Q1 2026) and 2.60 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.03 Bn | 165.05 Bn | 1.47 Bn | - |
| 2 | Prologis | 123.12 Bn | 117.08 Bn | - | 3.64 |
| 3 | Simon Property | 75.49 Bn | 71.55 Bn | - | 2.93 |
| 4 | Public Storage | 62.37 Bn | 61.09 Bn | - | 3.09 |
| 5 | Realty Income | 56.23 Bn | 54.51 Bn | - | 2.37 |
| 6 | Ventas | 46.05 Bn | 44.73 Bn | - | 1.33 |
| 7 | Extra Space Storage | 33.71 Bn | 32.62 Bn | 650.96 Mn | - |
| 8 | Vici Properties | 27.71 Bn | 26.06 Bn | 1.06 Bn | 2.59 |
| 9 | Vivmark Residential | 24.79 Bn | 24.57 Bn | - | 2.46 |
| 10 | Global Net Lease | 1.52 Bn | 905.91 Mn | - | -0.65 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -0.65 |
| 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 |
API Access
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_KEYimport 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();