GNL Stock Analysis: Global Net Lease | NYSE
REIT - Diversified | NYSE, USA | Market Cap: 1.874m USD | 12M Return: 43.2% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 26.2M
Qual. Beats: 0
Rev. Trend: 37.0%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 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 small-cap real estate investment trust (REIT) that invests in and manages a global portfolio of income-producing net lease properties, primarily located in the United States and Western and Northern Europe. Headquartered in New York and incorporated in 2011, the company has been publicly traded since its 2015 IPO and operates within the diversified REITs segment of the real estate sector.
Net lease REITs like GNL generate revenue primarily through long-term rental agreements with tenants, who are typically responsible for paying property taxes, insurance, and maintenance costs under triple-net or similar lease structures. This business model is designed to produce predictable, contractual income streams, but it can expose the company to risks related to tenant creditworthiness and geographic concentration across multiple markets.
- Interest rate volatility pressures net lease REIT dividend yield
- European tenant credit risk rises amid slowing regional economy
- Asset sales and debt paydown strengthen balance sheet
| Net Income: -41.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 0.51 > 1.0 |
| NWC/Revenue: 9.09% < 20% (prev 19.50%; Δ -10.41% < -1%) |
| CFO/TA 0.05 > 3% & CFO 203.3m > Net Income -41.2m |
| Net Debt (2.42b) to EBITDA (331.9m): 7.30 < 3 |
| Current Ratio: 1.45 > 1.5 & < 3 |
| Outstanding Shares: last quarter (214.0m) vs 12m ago -7.05% < -2% |
| Gross Margin: 70.55% > 18% (prev 85.30%; Δ -14.75% > 0.5%) |
| Asset Turnover: 9.50% > 50% (prev 11.63%; Δ -2.14% > 0%) |
| Interest Coverage Ratio: 0.84 > 6 (EBIT TTM 151.6m / Interest Expense TTM 180.3m) |
| A: 0.01 (Total Current Assets 137.5m - Total Current Liabilities 94.5m) / Total Assets 4.15b |
| B: -0.64 (Retained Earnings -2.67b / Total Assets 4.15b) |
| C: 0.03 (EBIT TTM 151.6m / Avg Total Assets 4.97b) |
| D: 0.60 (Book Value of Equity 1.56b / Total Liabilities 2.59b) |
| Altman-Z'' = -1.19 = CCC |
| DSRI: 0.16 (Receivables 22.0m/201.5m, Revenue 472.2m/673.6m) |
| GMI: 1.21 (GM 85.30% / 70.55%) |
| AQI: 1.23 (AQ_t 0.95 / AQ_t-1 0.77) |
| SGI: 0.70 (Revenue 472.2m / 673.6m) |
| TATA: -0.06 (NI -41.2m - CFO 203.3m) / TA 4.15b) |
| Beneish M = -3.61 (Cap -4..+1) = AAA |
As of July 17, 2026, the stock is trading at USD 9.45 with a total of 3,522,433 shares traded. Over the past week, the price has changed by +7.13%, over one month by +4.24%, over three months by +0.33% and over the past year by +43.19%.
Current recommended Stop Loss: 9.10 (which is 3.7% or 1.9 ATR below the current price).
Global Net Lease has received a consensus analysts rating of 3.38. Therefore, it is recommended to hold GNL.
- StrongBuy: 1
- Buy: 2
- Hold: 4
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 10 | 5.8% |
P/S = 3.9387
P/B = 1.1927
Revenue TTM = 472.2m USD
EBIT TTM = 151.6m USD
EBITDA TTM = 331.9m USD
Long Term Debt = 2.16b USD (from longTermDebt, last quarter)
Short Term Debt = 94.5m USD (from shortTermDebt, last quarter)
Debt = 2.56b USD (from shortLongTermDebtTotal, last quarter) + Leases 57.3m
Net Debt = 2.42b USD (calculated: Debt 2.56b - CCE 137.5m)
Enterprise Value = 4.30b USD (1.87b + Debt 2.56b - CCE 137.5m)
Interest Coverage Ratio = 0.84 (Ebit TTM 151.6m / Interest Expense TTM 180.3m)
EV/FCF = 24.13x (Enterprise Value 4.30b / FCF TTM 178.1m)
FCF Yield = 4.14% (FCF TTM 178.1m / Enterprise Value 4.30b)
FCF Margin = 37.72% (FCF TTM 178.1m / Revenue TTM 472.2m)
Net Margin = -8.72% (Net Income TTM -41.2m / Revenue TTM 472.2m)
Gross Margin = 70.55% ((Revenue TTM 472.2m - Cost of Revenue TTM 139.1m) / Revenue TTM)
Gross Margin QoQ = 88.17% (prev 13.26%)
Tobins Q-Ratio = 1.04 (Enterprise Value 4.30b / Total Assets 4.15b)
Interest Expense / Debt = 7.04% (Interest Expense 180.3m / Debt 2.56b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 119.7m (EBIT 151.6m * (1 - 21.00%))
Current Ratio = 1.45 (Total Current Assets 137.5m / Total Current Liabilities 94.5m)
Debt / Equity = 1.64 (Debt 2.56b / totalStockholderEquity, last quarter 1.56b)
Debt / EBITDA = 7.30 (Net Debt 2.42b / EBITDA 331.9m)
Debt / FCF = 13.61 (Net Debt 2.42b / FCF TTM 178.1m)
Total Stockholder Equity = 1.69b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.83% (Net Income -41.2m / Total Assets 4.15b)
RoE = -2.44% (Net Income TTM -41.2m / Total Stockholder Equity 1.69b)
RoCE = 3.94% (EBIT 151.6m / Capital Employed (Equity 1.69b + L.T.Debt 2.16b))
RoIC = 2.90% (NOPAT 119.7m / Invested Capital 4.13b)
WACC = 6.05% (E(1.87b)/V(4.44b) * Re(6.71%) + D(2.56b)/V(4.44b) * Rd(7.04%) * (1-Tc(0.21)))
Discount Rate = 6.71% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -88.11 | Cagr: -3.21%
[DCF] Terminal Value 73.10% ; FCFF base≈194.5m ; Y1≈170.5m ; Y5≈137.8m
[DCF] Fair Price = N/A (negative equity: EV 2.21b - Net Debt 2.42b = -211.8m; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.11 | # QB: 0
Revenue Correlation: 37.01 | Revenue CAGR: 8.90% | SUE: -0.12 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.05 | Chg30d=+0.00% | Revisions=-25% | Analysts=1
EPS next Quarter (2026-09-30): EPS=-0.05 | Chg30d=+0.00% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=-0.17 | Chg30d=+19.05% | Revisions=-25% | GrowthEPS=+86.0% | GrowthRev=-21.4%
EPS next Year (2027-12-31): EPS=-0.06 | Chg30d=+64.71% | Revisions=+0% | GrowthEPS=+19.1% | GrowthRev=+7.3%