Global Net Lease (GNL) Net Margin (2013 - 2026)
Global Net Lease (GNL) recorded Net Margin of -59.47% in Q3 2026, down 0.76 percentage points from -58.71% a year earlier and down 52.85 percentage points from the prior quarter.
Global Net Lease (GNL) Net Margin (2013 - 2026) Analysis & Trends
On a TTM basis, Global Net Lease's Net Margin came in at -11.81% as of Sep 30, 2026, up 50.94 percentage points year-over-year; for FY2025, it was -54.35%, down 23.58 percentage points from FY2024.
- Annual Net Margin has a five-year change of -52.00 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at -30.77% in FY2024 (+22.93 pp), -53.69% in FY2023 (-51.49 pp), -2.21% in FY2022 (+0.02 pp) and -2.22% in FY2021 (+0.13 pp).
- The Q3 2026 figure is the lowest quarterly Net Margin since Q1 2025.
- On a year-over-year basis, Net Margin rose in five of the last eight quarters, with an average year-over-year change of +13.14 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 136.62 percentage points in Q1 2026, against a drop of 131.10 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -6.62% (Q2 2026), -14.65% (Q1 2026) and 31.85% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.03 Bn | 165.05 Bn | 1.47 Bn | 10.67% |
| 2 | Prologis | 123.12 Bn | 117.08 Bn | - | 34.17% |
| 3 | Simon Property | 75.49 Bn | 71.55 Bn | - | 26.98% |
| 4 | Public Storage | 62.37 Bn | 61.09 Bn | - | 22.86% |
| 5 | Realty Income | 56.23 Bn | 54.51 Bn | - | 24.91% |
| 6 | Ventas | 46.05 Bn | 44.73 Bn | - | 3.57% |
| 7 | Extra Space Storage | 33.71 Bn | 32.62 Bn | 650.96 Mn | 27.84% |
| 8 | Vici Properties | 27.71 Bn | 26.06 Bn | 1.06 Bn | 32.15% |
| 9 | Vivmark Residential | 24.79 Bn | 24.57 Bn | - | - |
| 10 | Global Net Lease | 1.52 Bn | 905.91 Mn | - | -59.47% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -59.47% |
| Jun 30, 2026 | -6.62% |
| Mar 31, 2026 | -14.65% |
| Dec 31, 2025 | 31.85% |
| Sep 30, 2025 | -58.71% |
| Jun 30, 2025 | -28.08% |
| Mar 31, 2025 | -151.28% |
| Dec 31, 2024 | -12.67% |
| Sep 30, 2024 | -55.22% |
| Jun 30, 2024 | -32.04% |
| Mar 31, 2024 | -23.46% |
| Dec 31, 2023 | -43.31% |
| Sep 30, 2023 | -120.58% |
| Jun 30, 2023 | -32.72% |
| Mar 31, 2023 | -6.35% |
| Dec 31, 2022 | -18.88% |
| Sep 30, 2022 | 10.52% |
| Jun 30, 2022 | -6.14% |
| Mar 31, 2022 | 5.64% |
| Dec 31, 2021 | -7.33% |
Global Net Lease Net Margin 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=net-margin&ticker=GNL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=GNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();