Global Net Lease (GNL) Tax Rate (2014 - 2026)
Global Net Lease (GNL) posted quarterly Tax Rate of 24.44% for Q1 2026, down 2087.0% year-over-year from 1.23% in Q1 2025, and down 230.29% quarter-over-quarter from 18.76% in Q4 2025.
Global Net Lease (GNL) Tax Rate (2014 - 2026) Analysis & Trends
Global Net Lease's Tax Rate history runs 13 years deep, the most recent figure standing at 24.44% for Q1 2026.
- In Q1 2026, Tax Rate fell 2087.0% year-over-year to 24.44%; the TTM figure through Mar 2026 stood at 70.07% (down 6675.0% YoY), while the FY2025 annual figure was 19.13%, down 1320.0% from the prior year.
- Tax Rate for Q1 2026 stood at 24.44%, down from 18.76% in the prior quarter.
- The five-year high for Tax Rate was 148.98% in Q1 2023, with the low at 47.09% in Q1 2024.
- The 5-year median for Tax Rate is 2.54% (2024), against an average of 12.81%.
- The sharpest annual moves came in 2022 and 2023: Tax Rate slumped 20493 bps in 2022, then jumped 12628 bps in 2023.
- Global Net Lease's Tax Rate stood at 23.08% in 2022, then retreated by 5 bps to 24.34% in 2023, then jumped by 213 bps to 27.48% in 2024, then tumbled by 32 bps to 18.76% in 2025, then tumbled by 230 bps to 24.44% in 2026.
- Business Quant data shows GNL's Tax Rate at 24.44% in Q1 2026, 18.76% in Q4 2025, and 5.2% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.96 Bn | 28.53 Bn | 1.05 Bn | -0.09% |
| 2 | W. P. Carey | 16.11 Bn | 16.11 Bn | 441.59 Mn | 6.59% |
| 3 | Broadstone Net Lease | 4.02 Bn | 4.01 Bn | - | - |
| 4 | Global Net Lease | 1.92 Bn | 1.77 Bn | - | 82.47% |
| 5 | American Assets Trust | 1.38 Bn | 1.38 Bn | - | - |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | 4.34% |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | -706.39% |
| 8 | Empire State Realty Trust | 820.99 Mn | 820.99 Mn | - | 1.90% |
| 9 | CTO Realty Growth | 764.68 Mn | 764.68 Mn | 32.71 Mn | 6.91% |
| 10 | JBG SMITH Properties | 730.30 Mn | 730.30 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 82.47% |
| Jun 30, 2026 | 82.47% |
| Jun 30, 2026 | 82.47% |
| Mar 31, 2026 | -24.44% |
| Mar 31, 2026 | -24.44% |
| Mar 31, 2026 | -24.44% |
| Dec 31, 2025 | 18.76% |
| Dec 31, 2025 | 18.76% |
| Dec 31, 2025 | 18.76% |
| Sep 30, 2025 | -5.20% |
| Sep 30, 2025 | -5.20% |
| Sep 30, 2025 | -5.20% |
| Jun 30, 2025 | -10.38% |
| Jun 30, 2025 | -10.38% |
| Jun 30, 2025 | -10.38% |
| Mar 31, 2025 | -3.57% |
| Mar 31, 2025 | -3.57% |
| Mar 31, 2025 | -3.57% |
| Dec 31, 2024 | 27.48% |
| Dec 31, 2024 | 27.48% |