Global Net Lease (GNL) Operating Margin (2013 - 2026)
Global Net Lease (GNL) posted Operating Margin of 48.66% for Q2 2026, up 71.88% on a QoQ basis from 28.31% in Q1 2026, and up 1480.0% year-over-year from 3.08% in Q2 2025.
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Global Net Lease (GNL) Operating Margin (2013 - 2026) Analysis & Trends
Global Net Lease has reported Operating Margin for 14 years, with the latest figure at 48.66% in Q2 2026.
- On a quarterly basis, Operating Margin rose 1480.0% year-over-year to 48.66% in Q2 2026; TTM through Jun 2026 was 39.64%, a 2399.0% increase from a year earlier, with the FY2025 full-year figure at 22.41%, down 1061.0% from the prior year.
- Operating Margin was 48.66% for Q2 2026 at Global Net Lease, up from 28.31% in the prior quarter.
- The five-year high for Operating Margin was 94.69% in Q4 2025, with the low at 80.87% in Q3 2023.
- Average Operating Margin over 5 years is 22.18%, with a median of 31.76% recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Operating Margin tumbled 11219 bps in 2023, then surged 9013 bps in 2024.
- Over 5 years, Operating Margin stood at 25.42% in 2022, then increased by 30 bps to 33.04% in 2023, then increased by 24 bps to 40.85% in 2024, then jumped by 132 bps to 94.69% in 2025, then slumped by 49 bps to 48.66% in 2026.
- The last three Operating Margin figures came in at 48.66% (Q2 2026), 28.31% (Q1 2026), and 94.69% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Realty Income | 55.69 Bn | 55.69 Bn | - | - |
| 2 | W. P. Carey | 15.76 Bn | 15.76 Bn | 441.59 Mn | 31.24% |
| 3 | Agree Realty | 8.62 Bn | 8.60 Bn | - | 46.47% |
| 4 | Nnn Reit | 8.36 Bn | 8.36 Bn | - | 61.97% |
| 5 | Essential Properties Realty Trust | 6.31 Bn | 6.31 Bn | - | 64.50% |
| 6 | Broadstone Net Lease | 3.92 Bn | 3.91 Bn | - | - |
| 7 | Four Corners Property Trust | 2.66 Bn | 2.66 Bn | 70.62 Mn | 45.13% |
| 8 | Getty Realty | 1.96 Bn | 1.96 Bn | 58.71 Mn | 59.10% |
| 9 | Netstreit | 1.93 Bn | 1.93 Bn | - | - |
| 10 | Global Net Lease | 1.92 Bn | 1.77 Bn | - | 48.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.66% |
| Mar 31, 2026 | 28.31% |
| Dec 31, 2025 | 94.69% |
| Sep 30, 2025 | -11.72% |
| Jun 30, 2025 | 33.86% |
| Mar 31, 2025 | -21.05% |
| Dec 31, 2024 | 40.85% |
| Sep 30, 2024 | 9.26% |
| Jun 30, 2024 | 42.57% |
| Mar 31, 2024 | 38.59% |
| Dec 31, 2023 | 33.04% |
| Sep 30, 2023 | -80.87% |
| Jun 30, 2023 | 4.68% |
| Mar 31, 2023 | 32.20% |
| Dec 31, 2022 | 25.42% |
| Sep 30, 2022 | 31.33% |
| Jun 30, 2022 | 15.55% |
| Mar 31, 2022 | 33.82% |
| Dec 31, 2021 | 24.78% |
| Sep 30, 2021 | 32.14% |