The Tip Desk

Global Net Lease, Inc.

Company Stats

Market Cap
$1.7B
as of Sep 30, 2026
Shares Outstanding
210.9M
Free Float
90.1%

Income Statement

Revenue
$495.3M
Operating Income
$111.0M
Net Income
-$225.5M
EBITDA
$243.9M
Non-cash Impairment
$11.0M
Revenue Growth, 3Y
9.3%
FCF Margin, 3Y Avg
34.8%
FCF Margin, Worst Year
21.6%

Cash Flow

Free Cash Flow
$189.4M
FCF Yield
10.9%
Owner FCF Yield
10.2%

Balance Sheet

Cash & Equivalents
$180.1M

Returns & Capital

Dividends Paid
$192.1M
Dividend Yield
11.0%
Share Repurchases
$120.3M
Buyback Yield, 3Y Avg
2.3%
SBC, 3Y Avg
$12.9M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$495.3M$189.4M38.2%
FY2024$569.8M$253.8M44.5%
FY2023$445.8M$96.4M21.6%
FY2022$378.9M$151.9M40.1%
FY2021$391.2M$184.6M47.2%

Annual filing data through FY ended December 31, 2025; shares and float as of October 31, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage