Global Net Lease (GNL) Non Operating Interest Expenses (2013 - 2026)
Global Net Lease's Non Operating Interest Expenses was $38.82 million in Q2 2026, down 27.2% from $53.35 million a year earlier and down 0.9% from the prior quarter.
Global Net Lease (GNL) Non Operating Interest Expenses (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Global Net Lease's Non Operating Interest Expenses was $165.94 million through Jun 30, 2026, down 26.5% year-over-year; for FY2025, it was $194.72 million, down 23.8% from FY2024.
- Non Operating Interest Expenses shows a five-year compound annual growth rate of 22.1% (FY2020 to FY2025).
- In earlier years, Non Operating Interest Expenses was $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 marks the lowest quarterly Non Operating Interest Expenses since Q2 2023.
- Compared with a year earlier, Non Operating Interest Expenses has declined for seven straight quarters, with an average decline of 13.7% over the last eight quarters.
- The best year-over-year quarter for Non Operating Interest Expenses over five years was Q2 2024 (growth of 159.8%); the worst was Q4 2025 (a decline of 28.5%).
- Per Business Quant data, GNL's Non Operating Interest Expenses in the three quarters before Q2 2026 was $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) | Non Operating Interest Expenses (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 | - | - |
| 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 Non Operating 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=non-operating-interest-expenses&ticker=GNL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-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=non-operating-interest-expenses&ticker=GNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();