Global Net Lease (GNL) Invested Capital (2011 - 2026)
Global Net Lease (GNL) recorded Invested Capital of $2.5 billion in Q2 2026, down 20.6% from $3.15 billion a year earlier and down 10.3% from the prior quarter.
Global Net Lease (GNL) Invested Capital (2011 - 2026) Analysis & Trends
For FY2025, Global Net Lease reported Invested Capital of $2.93 billion, down 26.0% from FY2024.
- Annual Invested Capital has a five-year compound annual growth rate of 0.1% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $3.96 billion in FY2024 (-23.3%), $5.16 billion in FY2023 (+91.9%), $2.69 billion in FY2022 (-12.1%) and $3.06 billion in FY2021 (+4.8%).
- The Q2 2026 figure is the lowest quarterly Invested Capital since Q2 2023.
- On a year-over-year basis, Invested Capital has declined for eight consecutive quarters, with an average decline of 25.4% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 96.0% in Q2 2024, against a decline of 33.9% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.78 billion (Q1 2026), $2.93 billion (Q4 2025) and $3.01 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 61.73 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 6.50 Bn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 46.09 Bn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | - |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | - |
| 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 | - |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 13.79 Bn |
| 10 | Global Net Lease | 1.74 Bn | 1.12 Bn | - | 2.50 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.50 Bn |
| Mar 31, 2026 | 2.78 Bn |
| Dec 31, 2025 | 2.93 Bn |
| Sep 30, 2025 | 3.01 Bn |
| Jun 30, 2025 | 3.15 Bn |
| Mar 31, 2025 | 3.69 Bn |
| Dec 31, 2024 | 3.96 Bn |
| Sep 30, 2024 | 4.55 Bn |
| Jun 30, 2024 | 4.69 Bn |
| Mar 31, 2024 | 5.01 Bn |
| Dec 31, 2023 | 5.16 Bn |
| Sep 30, 2023 | 5.36 Bn |
| Jun 30, 2023 | 2.39 Bn |
| Mar 31, 2023 | 2.65 Bn |
| Dec 31, 2022 | 2.69 Bn |
| Sep 30, 2022 | 2.74 Bn |
| Jun 30, 2022 | 2.87 Bn |
| Mar 31, 2022 | 3.00 Bn |
| Dec 31, 2021 | 3.06 Bn |
| Sep 30, 2021 | 3.15 Bn |
Global Net Lease Invested Capital 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=invested-capital&ticker=GNL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=GNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();