Global Net Lease (GNL) Interest Expenses (2013 - 2026)
Global Net Lease (GNL) reported Interest Expenses of $38.82 million for Q2 2026, down 27.2% from $53.35 million a year earlier and down 0.9% from the prior quarter.
Global Net Lease (GNL) Interest Expenses (2013 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Global Net Lease's Interest Expenses came in at $165.94 million, down 26.5% year-over-year; for FY2025, it came in at $194.72 million, down 23.8% from FY2024.
- Interest Expenses has a five-year compound annual growth rate of 22.1% (FY2020 to FY2025).
- By year, Interest Expenses came in at $255.69 million in FY2024 (+61.5%), $158.35 million in FY2023 (+62.4%), $97.51 million in FY2022 (+3.4%) and $94.35 million in FY2021 (+31.4%).
- The Q2 2026 figure ranks as the lowest quarterly Interest Expenses since Q2 2023.
- Year over year, Interest Expenses has now declined in each of the last seven quarters, with an average decline of 13.7% over the last eight quarters.
- The high point for year-over-year Interest Expenses in five years was Q2 2024 (growth of 159.8%); the low point was Q4 2025 (a decline of 28.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $39.19 million (Q1 2026), $42.63 million (Q4 2025) and $45.31 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | - |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 276.31 Mn |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 272.33 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 312.08 Mn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 84.78 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 160.03 Mn |
| 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 | 209.93 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 82.46 Mn |
| 10 | Global Net Lease | 1.74 Bn | 1.12 Bn | - | 38.82 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.82 Mn |
| Mar 31, 2026 | 39.19 Mn |
| Dec 31, 2025 | 42.63 Mn |
| Sep 30, 2025 | 45.31 Mn |
| Jun 30, 2025 | 53.35 Mn |
| Mar 31, 2025 | 53.44 Mn |
| Dec 31, 2024 | 59.60 Mn |
| Sep 30, 2024 | 59.50 Mn |
| Jun 30, 2024 | 71.98 Mn |
| Mar 31, 2024 | 64.59 Mn |
| Dec 31, 2023 | 62.51 Mn |
| Sep 30, 2023 | 41.16 Mn |
| Jun 30, 2023 | 27.71 Mn |
| Mar 31, 2023 | 26.97 Mn |
| Dec 31, 2022 | 25.73 Mn |
| Sep 30, 2022 | 24.21 Mn |
| Jun 30, 2022 | 23.45 Mn |
| Mar 31, 2022 | 24.12 Mn |
| Dec 31, 2021 | 24.10 Mn |
| Sep 30, 2021 | 24.86 Mn |
Global Net Lease Interest Expenses 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-expenses&ticker=GNL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=GNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();