Global Net Lease (GNL) Payables (2011 - 2026)
Global Net Lease (GNL) recorded Payables of $54.39 million in Q2 2026, down 5.9% from $57.82 million a year earlier but up 33.5% from the prior quarter.
Global Net Lease (GNL) Payables (2011 - 2026) Analysis & Trends
At the end of FY2025, Global Net Lease reported Payables of $55.54 million, down 14.3% from FY2024.
- Annual Payables has a five-year compound annual growth rate of 10.7% (FY2020 to FY2025).
- Across earlier years, Payables came in at $64.79 million in FY2024 (-41.2%), $110.19 million in FY2023 (+292.4%), $28.08 million in FY2022 (-10.2%) and $31.27 million in FY2021 (-6.5%).
- Quarterly Payables has ranged from $28.08 million in Q4 2022 to $128.99 million in Q3 2023 over the past five years.
- On a year-over-year basis, Payables has declined for eight consecutive quarters, with an average decline of 30.8% over the last eight quarters.
- Peak year-over-year performance for Payables in the last five years was growth of 294.1% in Q3 2023, against a decline of 46.8% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $40.73 million (Q1 2026), $55.54 million (Q4 2025) and $56.33 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 167.95 Bn | 150.46 Bn | 1.39 Bn | - |
| 2 | Prologis | 123.54 Bn | 127.93 Bn | - | 2.53 Bn |
| 3 | Simon Property | 66.76 Bn | 68.02 Bn | - | 1.96 Bn |
| 4 | Realty Income | 52.37 Bn | 54.76 Bn | - | 2.78 Bn |
| 5 | Public Storage | 50.03 Bn | 49.11 Bn | - | - |
| 6 | Ventas | 44.65 Bn | 43.84 Bn | - | 1.35 Bn |
| 7 | Extra Space Storage | 27.81 Bn | 27.81 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.53 Bn | 23.65 Bn | 1.05 Bn | 500.76 Mn |
| 9 | Vivmark Residential | 23.01 Bn | 23.20 Bn | - | 1.89 Bn |
| 10 | Global Net Lease | 1.79 Bn | 1.16 Bn | - | 54.39 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 54.39 Mn |
| Mar 31, 2026 | 40.73 Mn |
| Dec 31, 2025 | 55.54 Mn |
| Sep 30, 2025 | 56.33 Mn |
| Jun 30, 2025 | 57.82 Mn |
| Mar 31, 2025 | 59.78 Mn |
| Dec 31, 2024 | 64.79 Mn |
| Sep 30, 2024 | 102.48 Mn |
| Jun 30, 2024 | 97.33 Mn |
| Mar 31, 2024 | 112.32 Mn |
| Dec 31, 2023 | 110.19 Mn |
| Sep 30, 2023 | 128.99 Mn |
| Jun 30, 2023 | 36.40 Mn |
| Mar 31, 2023 | 36.09 Mn |
| Dec 31, 2022 | 28.08 Mn |
| Sep 30, 2022 | 32.73 Mn |
| Jun 30, 2022 | 29.49 Mn |
| Mar 31, 2022 | 34.65 Mn |
| Dec 31, 2021 | 31.27 Mn |
| Sep 30, 2021 | 41.90 Mn |
Global Net Lease Payables 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=payables&ticker=GNL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=GNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();