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
DateValue
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