GNL Stock Analysis: Global Net Lease | NYSE
REIT - Diversified | NYSE, USA | Market Cap: 1.809m USD | 12M Return: 2.1% | US3793782018 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 22.8M
Qual. Beats: 1
Rev. Trend: -5.9%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.3 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Global Net Lease, Inc. (NYSE: GNL) is a publicly traded real estate investment trust (REIT) that acquires and manages a global portfolio of income-producing net lease assets located in the United States, Western Europe, and Northern Europe. The company was established in 2011 and is incorporated in Maryland, with its common stock listed on the NYSE under the ticker symbol GNL since its IPO on June 2, 2015.
GNL operates within the GICS Diversified REITs sub-industry, meaning its property holdings span multiple asset types rather than being concentrated in a single real estate segment. As a net lease REIT, GNLs business model typically involves long-term lease agreements in which tenants are generally responsible for most or all property operating expenses, including taxes, insurance, and maintenance, providing the landlord with more predictable, contractual rental income.
- Refinancing costs rise as floating rate debt reprices higher
- European currency translation pressures reported AFFO and revenue
- Tenant credit and occupancy drive net lease rental income
| Net Income: -13.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 0.91 > 1.0 |
| NWC/Revenue: -86.78% < 20% (prev -67.75%; Δ -19.03% < -1%) |
| CFO/TA 0.05 > 3% & CFO 218.4m > Net Income -13.5m |
| Net Debt (2.34b) to EBITDA (349.3m): 6.71 < 3 |
| Current Ratio: 0.28 > 1.5 & < 3 |
| Outstanding Shares: last quarter (211.3m) vs 12m ago -5.21% < -2% |
| Gross Margin: 69.45% > 18% (prev 85.44%; Δ -15.98% > 0.5%) |
| Asset Turnover: 10.16% > 50% (prev 13.10%; Δ -2.94% > 0%) |
| Interest Coverage Ratio: 1.04 > 6 (EBIT TTM 171.7m / Interest Expense TTM 165.8m) |
| A: -0.10 (Total Current Assets 156.1m - Total Current Liabilities 555.1m) / Total Assets 4.07b |
| B: -0.67 (Retained Earnings -2.72b / Total Assets 4.07b) |
| C: 0.04 (EBIT TTM 171.7m / Avg Total Assets 4.53b) |
| D: 0.59 (Book Value of Equity 1.51b / Total Liabilities 2.56b) |
| Altman-Z'' = -1.95 = D |
| DSRI: 0.10 (Receivables 2.48m/178.6m, Revenue 459.7m/653.0m) |
| GMI: 1.23 (GM 85.44% / 69.45%) |
| AQI: 1.03 (AQ_t 0.94 / AQ_t-1 0.91) |
| SGI: 0.70 (Revenue 459.7m / 653.0m) |
| TATA: -0.06 (NI -13.5m - CFO 218.4m) / TA 4.07b) |
| Beneish M = -3.76 (Cap -4..+1) = AAA |
As of October 16, 2026, the stock is trading at USD 7.44 with a total of 4,231,248 shares traded. Over the past week, the price has changed by -4.25%, over one month by -15.41%, over three months by -14.46% and over the past year by +2.06%.
Current recommended Stop Loss: 7.20 (which is 3.2% or 1.3 ATR below the current price).
Global Net Lease has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy GNL.
- StrongBuy: 4
- Buy: 2
- Hold: 2
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 10 | 34.4% |
P/S = 3.9347
P/B = 1.3292
Revenue TTM = 459.7m USD
EBIT TTM = 171.7m USD
EBITDA TTM = 349.3m USD
Long Term Debt = 1.93b USD (from longTermDebt, last quarter)
Short Term Debt = 472.9m USD (from shortTermDebt, last quarter)
Debt = 2.51b USD (from shortLongTermDebtTotal, last quarter) + Leases 55.8m
Net Debt = 2.34b USD (calculated: Debt 2.51b - CCE 168.0m)
Enterprise Value = 4.15b USD (1.81b + Debt 2.51b - CCE 168.0m)
Interest Coverage Ratio = 1.04 (Ebit TTM 171.7m / Interest Expense TTM 165.8m)
EV/FCF = 20.64x (Enterprise Value 4.15b / FCF TTM 201.2m)
FCF Yield = 4.84% (FCF TTM 201.2m / Enterprise Value 4.15b)
FCF Margin = 43.76% (FCF TTM 201.2m / Revenue TTM 459.7m)
Net Margin = -2.94% (Net Income TTM -13.5m / Revenue TTM 459.7m)
Gross Margin = 69.45% ((Revenue TTM 459.7m - Cost of Revenue TTM 140.4m) / Revenue TTM)
Gross Margin QoQ = 88.09% (prev 88.17%)
Tobins Q-Ratio = 1.02 (Enterprise Value 4.15b / Total Assets 4.07b)
Interest Expense / Debt = 6.60% (Interest Expense 165.8m / Debt 2.51b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 135.6m (EBIT 171.7m * (1 - 21.00%))
Current Ratio = 0.28 (Total Current Assets 156.1m / Total Current Liabilities 555.1m)
Debt / Equity = 1.66 (Debt 2.51b / totalStockholderEquity, last quarter 1.51b)
Debt / EBITDA = 6.71 (Net Debt 2.34b / EBITDA 349.3m)
Debt / FCF = 11.65 (Net Debt 2.34b / FCF TTM 201.2m)
Total Stockholder Equity = 1.61b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.30% (Net Income -13.5m / Total Assets 4.07b)
RoE = -0.84% (Net Income TTM -13.5m / Total Stockholder Equity 1.61b)
RoCE = 4.86% (EBIT 171.7m / Capital Employed (Equity 1.61b + L.T.Debt 1.93b))
RoIC = 3.42% (NOPAT 135.6m / Invested Capital 3.96b)
WACC = 5.59% (E(1.81b)/V(4.32b) * Re(6.12%) + D(2.51b)/V(4.32b) * Rd(6.60%) * (1-Tc(0.21)))
Discount Rate = 6.12% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -93.31 | Cagr: -3.75%
[DCF] Terminal Value 75.43% ; FCFF base≈201.3m ; Y1≈201.9m ; Y5≈213.5m
[DCF] Fair Price = 4.23 (EV 3.32b - Net Debt 2.34b = Equity 978.3m / Shares 231.3m; r=8.35% [WACC [floored]]; 5y FCF grow -0.10% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 3.50 | # QB: 1
Revenue Correlation: -5.86 | Revenue CAGR: -1.17% | SUE: 0.11 | # QB: 0
EPS current Quarter (2026-09-30): EPS=-0.04 | Chg30d=+10.00% | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=-0.13 | Chg30d=-40.78% | Revisions=-25% | GrowthEPS=+89.5% | GrowthRev=-20.6%
EPS next Year (2027-12-31): EPS=-0.14 | Chg30d=-11.54% | Revisions=-25% | GrowthEPS=+19.1% | GrowthRev=+4.5%
[Analyst] Revisions Ratio: -50% (up=0, down=3)