Global Net Lease (GNL) Operating Leases (2013 - 2026)
Global Net Lease's (GNL) quarterly Operating Leases came in at $40.6 million in Q1 2026, little changed year-on-year from $40.7 million in Q1 2025, and down 1.92% quarter-over-quarter from $41.4 million in Q4 2025.
Global Net Lease (GNL) Operating Leases (2013 - 2026) Analysis & Trends
Global Net Lease's Operating Leases history runs 13 years deep, the most recent figure standing at $40.6 million for Q1 2026.
- On a quarterly basis, Operating Leases changed 0.1% year-over-year to $40.6 million in Q1 2026; TTM through Mar 2026 was $40.6 million, a 0.1% change from a year earlier, with the FY2025 full-year figure at $41.4 million, up 3.31% from the prior year.
- Operating Leases retreated to $40.6 million in Q1 2026 per GNL's latest filing, from $41.4 million in the prior quarter.
- Across five years, Operating Leases topped out at $50.1 million in Q3 2024 and bottomed at $20.3 million in Q3 2022.
- The 5-year median for Operating Leases is $40.7 million (2025), against an average of $36.6 million.
- Across the five-year window, Operating Leases soared 135.93% in 2023 and decreased 17.15% in 2024, its largest moves.
- Year by year, Operating Leases stood at $21.9 million in 2022, then surged by 121.0% to $48.4 million in 2023, then dropped by 17.15% to $40.1 million in 2024, then increased by 3.31% to $41.4 million in 2025, then declined by 1.92% to $40.6 million in 2026.
- Per Business Quant, the three latest GNL Operating Leases figures stand at $40.6 million (Q1 2026), $41.4 million (Q4 2025), and $41.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vici Properties | 28.12 Bn | 27.64 Bn | 1.01 Bn |
| 2 | W. P. Carey | 16.60 Bn | 16.61 Bn | 434.82 Mn |
| 3 | Broadstone Net Lease | 4.29 Bn | 4.40 Bn | - |
| 4 | American Assets Trust | 1.47 Bn | 1.41 Bn | - |
| 5 | Safehold | 1.15 Bn | -2.44 Bn | 109.54 Mn |
| 6 | Empire State Realty Trust | 930.17 Mn | 1.66 Bn | - |
| 7 | Cim | 917.30 Mn | 735.54 Mn | - |
| 8 | JBG SMITH Properties | 855.38 Mn | 1.35 Bn | - |
| 9 | CTO Realty Growth | 725.13 Mn | 725.13 Mn | 31.01 Mn |
| 10 | Global Net Lease | 521.56 Mn | 396.08 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.63 Mn |
| Dec 31, 2025 | 41.43 Mn |
| Sep 30, 2025 | 41.80 Mn |
| Jun 30, 2025 | 42.20 Mn |
| Mar 31, 2025 | 40.67 Mn |
| Dec 31, 2024 | 40.10 Mn |
| Sep 30, 2024 | 50.10 Mn |
| Jun 30, 2024 | 49.60 Mn |
| Mar 31, 2024 | 47.70 Mn |
| Dec 31, 2023 | 48.40 Mn |
| Sep 30, 2023 | 47.89 Mn |
| Jun 30, 2023 | 22.30 Mn |
| Mar 31, 2023 | 22.00 Mn |
| Dec 31, 2022 | 21.90 Mn |
| Sep 30, 2022 | 20.30 Mn |
| Jun 30, 2022 | 21.73 Mn |
| Mar 31, 2022 | 23.25 Mn |
| Dec 31, 2021 | 22.80 Mn |
| Sep 30, 2021 | 23.44 Mn |
| Jun 30, 2021 | 24.19 Mn |