Company Analysis

Global Net Lease, Inc. (GNL)

NYSE: GNL · Real Estate Investment Trusts · New York, NY · filing with the SEC since 2011
Grade4.3
◀ Past 5.9● Present 3.8▶ Future 3.7

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 25, 2026Feb 27, 2025Feb 27, 2024Feb 23, 2023Feb 24, 2022Feb 26, 2021Feb 28, 2020Feb 28, 2019Feb 28, 2018Feb 28, 2017
Revenue495,286569,793r445,761r378,857391,228330,104306,214282,207259,295214,174
For insurers
Net investment income········00
Cost of revenue·······28,23424,45719,751
General and administrative52,75352,358r37,202r17,73717,23113,26410,10810,4398,6487,108
Total operating expenses·······208,436173,247153,892
Total costs and expenses478,990438,765r459,382r278,639280,799230,708214,935208,436173,247·
Operating income110,983188,119r-15,293r100,543111,91399,243114,89568,02087,137r73,623r
Interest expense194,718255,685r158,347r97,51094,34571,80464,19957,97348,45039,121
Other income (expense), net4,3311,075r1,809r981121289216-232220
Total non-operating income (expense)-224,929-263,035r-161,450r-77,488-88,395-83,496-64,087-54,689-60,411r-21,624r
Income before income taxes-113,946-74,916r-176,743r23,05523,51815,74750,80813,33126,72651,999
Income tax expense21,8014,44514,47511,03212,1524,9694,3322,4343,1404,422
Income from continuing operations-135,747-79,361-191,218·······
Income from discontinued operations-89,710-52,211-20,692·······
Net income including non-controlling interests-225,457-131,572-211,91012,02311,36610,77846,47610,89723,58647,577
Net income to non-controlling interests······0021437
Net income·········47,140
Preferred dividends43,74343,74427,43820,38620,06418,55311,9419,8152,8340
Net income to common shareholders-269,200-175,316-239,348-8,363-8,698-7,77534,5351,08220,73147,140
Earnings per share, basic-1.21-0.76-1.71-0.09-0.20-0.090.400.010.30·
Earnings per share, diluted-1.21-0.76-1.71-0.09-0.20-0.090.390.010.30·
Earnings per share, basic and diluted·······0.010.300.82r
Weighted average shares, basic223,255,282230,440,385142,584,332103,686,39598,283,89289,473,55485,031,23669,411,06166,877,62056,720,448
Weighted average shares, diluted223,255,282230,440,385142,584,332103,686,39598,283,89289,473,55486,349,64569,663,20866,877,62056,720,448
Weighted average shares, basic and diluted········66,877,62056,720,448r
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Net investment income what its investments earnedus-gaap:NetInvestmentIncome
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton GNL · research, not advice