Global Net Lease (GNL) Invested Capital (2011 - 2026)
Global Net Lease (GNL) recorded Invested Capital of $4.34 billion in Q3 2026, down 5.5% from $4.59 billion a year earlier but up 11.0% from the prior quarter.
Global Net Lease (GNL) Invested Capital (2011 - 2026) Analysis & Trends
For FY2025, Global Net Lease reported Invested Capital of $4.18 billion, down 33.1% from FY2024.
- Annual Invested Capital has a five-year compound annual growth rate of 1.8% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $6.25 billion in FY2024 (-19.7%), $7.79 billion in FY2023 (+102.3%), $3.85 billion in FY2022 (-5.0%) and $4.05 billion in FY2021 (+6.1%).
- Quarterly Invested Capital has ranged from $2.78 billion in Q1 2026 to $7.86 billion in Q3 2023 over the past five years.
- On a year-over-year basis, Invested Capital has declined for nine consecutive quarters, with an average decline of 28.1% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 104.6% in Q3 2023, against a decline of 45.9% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.91 billion (Q2 2026), $2.78 billion (Q1 2026) and $4.18 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.03 Bn | 165.05 Bn | 1.47 Bn | 65.35 Bn |
| 2 | Prologis | 123.12 Bn | 117.08 Bn | - | 97.17 Bn |
| 3 | Simon Property | 75.49 Bn | 71.55 Bn | - | 34.27 Bn |
| 4 | Public Storage | 62.37 Bn | 61.09 Bn | - | 27.21 Bn |
| 5 | Realty Income | 56.23 Bn | 54.51 Bn | - | 73.36 Bn |
| 6 | Ventas | 46.05 Bn | 44.73 Bn | - | 28.30 Bn |
| 7 | Extra Space Storage | 33.71 Bn | 32.62 Bn | 650.96 Mn | 27.17 Bn |
| 8 | Vici Properties | 27.71 Bn | 26.06 Bn | 1.06 Bn | 46.36 Bn |
| 9 | Vivmark Residential | 24.79 Bn | 24.57 Bn | - | 19.79 Bn |
| 10 | Global Net Lease | 1.52 Bn | 905.91 Mn | - | 4.34 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.34 Bn |
| Jun 30, 2026 | 3.91 Bn |
| Mar 31, 2026 | 2.78 Bn |
| Dec 31, 2025 | 4.18 Bn |
| Sep 30, 2025 | 4.59 Bn |
| Jun 30, 2025 | 4.80 Bn |
| Mar 31, 2025 | 5.15 Bn |
| Dec 31, 2024 | 6.25 Bn |
| Sep 30, 2024 | 7.03 Bn |
| Jun 30, 2024 | 7.32 Bn |
| Mar 31, 2024 | 7.66 Bn |
| Dec 31, 2023 | 7.79 Bn |
| Sep 30, 2023 | 7.86 Bn |
| Jun 30, 2023 | 3.88 Bn |
| Mar 31, 2023 | 3.91 Bn |
| Dec 31, 2022 | 3.85 Bn |
| Sep 30, 2022 | 3.84 Bn |
| Jun 30, 2022 | 3.93 Bn |
| Mar 31, 2022 | 4.02 Bn |
| Dec 31, 2021 | 4.05 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();