Global Net Lease, Inc. (GNL) - Net Assets
Based on the latest financial reports, Global Net Lease, Inc. (GNL) has net assets worth $1.56 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.15 Billion) and total liabilities ($2.59 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Global Net Lease, Inc. tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.56 Billion |
| % of Total Assets | 37.6% |
| Annual Growth Rate | N/A |
| 5-Year Change | 2.27% |
| 10-Year Change | 22.68% |
| Growth Volatility | 291.4 |
Global Net Lease, Inc. - Net Assets Trend (2012–2025)
This chart illustrates how Global Net Lease, Inc.'s net assets have evolved over time, based on quarterly financial data. See how many days can Global Net Lease, Inc. fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Global Net Lease, Inc. (2012–2025)
The table below shows the annual net assets of Global Net Lease, Inc. from 2012 to 2025. For live valuation and market cap data, see Global Net Lease, Inc. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.66 Billion | -23.94% |
| 2024-12-31 | $2.19 Billion | -17.13% |
| 2023-12-31 | $2.64 Billion | +81.52% |
| 2022-12-31 | $1.45 Billion | -10.62% |
| 2021-12-31 | $1.63 Billion | +4.66% |
| 2020-12-31 | $1.55 Billion | -9.10% |
| 2019-12-31 | $1.71 Billion | +19.68% |
| 2018-12-31 | $1.43 Billion | +1.03% |
| 2017-12-31 | $1.41 Billion | +4.30% |
| 2016-12-31 | $1.36 Billion | +11.14% |
| 2015-12-31 | $1.22 Billion | -13.87% |
| 2014-12-31 | $1.42 Billion | +1054.39% |
| 2013-12-31 | $122.72 Million | +15517.09% |
| 2012-12-31 | $-796.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Global Net Lease, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 261097400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.49 Million | 0.21% |
| Other Comprehensive Income | $22.17 Million | 1.33% |
| Other Components | $4.25 Billion | 255.44% |
| Total Equity | $1.66 Billion | 100.00% |
Global Net Lease, Inc. Competitors by Market Cap
The table below lists competitors of Global Net Lease, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Geo Group Inc
NYSE:GEO
|
$1.96 Billion |
|
Borusan Mannesmann Boru Sanayi ve Ticaret AS
IS:BRSAN
|
$1.96 Billion |
|
HCI Group Inc
NYSE:HCI
|
$1.96 Billion |
|
WeRide Inc. American Depositary Shares
NASDAQ:WRD
|
$1.96 Billion |
|
Jeju Semiconductor Corp
KQ:080220
|
$1.96 Billion |
|
Kajaria Ceramics Limited
NSE:KAJARIACER
|
$1.96 Billion |
|
Cadeler As
OL:CADLR
|
$1.96 Billion |
|
Weis Markets Inc
NYSE:WMK
|
$1.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global Net Lease, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,186,958,000 to 1,663,498,000, a change of -523,460,000 (-23.9%).
- Net loss of 225,457,000 reduced equity.
- Dividend payments of 235,804,000 reduced retained earnings.
- Share repurchases of 122,084,000 reduced equity.
- Other comprehensive income increased equity by 48,013,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-225.46 Million | -13.55% |
| Dividends Paid | $235.80 Million | -14.18% |
| Share Repurchases | $122.08 Million | -7.34% |
| Other Comprehensive Income | $48.01 Million | +2.89% |
| Other Changes | $11.87 Million | +0.71% |
| Total Change | $- | -23.94% |
Book Value vs Market Value Analysis
This analysis compares Global Net Lease, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.24x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $-0.01 | $9.26 | x |
| 2013-12-31 | $2.18 | $9.26 | x |
| 2014-12-31 | $25.16 | $9.26 | x |
| 2015-12-31 | $20.74 | $9.26 | x |
| 2016-12-31 | $23.91 | $9.26 | x |
| 2017-12-31 | $21.15 | $9.26 | x |
| 2018-12-31 | $20.51 | $9.26 | x |
| 2019-12-31 | $19.66 | $9.26 | x |
| 2020-12-31 | $17.13 | $9.26 | x |
| 2021-12-31 | $16.49 | $9.26 | x |
| 2022-12-31 | $14.02 | $9.26 | x |
| 2023-12-31 | $18.50 | $9.26 | x |
| 2024-12-31 | $9.49 | $9.26 | x |
| 2025-12-31 | $7.45 | $9.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global Net Lease, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -13.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -45.28%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 2.61x
- Recent ROE (-13.55%) is below the historical average (-1.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | -1376.67% | 0.01x | 0.00x | $-333.40K |
| 2013 | -5.70% | -176.89% | 0.02x | 1.75x | $-19.26 Million |
| 2014 | -3.78% | -57.39% | 0.04x | 1.71x | $-195.26 Million |
| 2015 | -0.17% | -1.01% | 0.08x | 2.11x | $-122.60 Million |
| 2016 | 3.48% | 22.01% | 0.07x | 2.13x | $-88.46 Million |
| 2017 | 1.67% | 9.09% | 0.09x | 2.15x | $-117.86 Million |
| 2018 | 0.76% | 3.86% | 0.09x | 2.32x | $-131.98 Million |
| 2019 | 2.74% | 15.18% | 0.08x | 2.18x | $-123.29 Million |
| 2020 | 0.70% | 3.27% | 0.08x | 2.59x | $-142.47 Million |
| 2021 | 0.70% | 2.91% | 0.09x | 2.58x | $-150.71 Million |
| 2022 | 0.83% | 3.17% | 0.10x | 2.72x | $-133.37 Million |
| 2023 | -8.03% | -41.14% | 0.06x | 3.07x | $-475.69 Million |
| 2024 | -6.02% | -16.34% | 0.12x | 3.18x | $-350.27 Million |
| 2025 | -13.55% | -45.28% | 0.11x | 2.61x | $-391.81 Million |
Industry Comparison
This section compares Global Net Lease, Inc.'s net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $603,151,983
- Average return on equity (ROE) among peers: 0.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global Net Lease, Inc. (GNL) | $1.56 Billion | 0.00% | 1.66x | $1.96 Billion |
| American Assets Trust Inc (AAT) | $1.19 Billion | 3.72% | 1.52x | $1.49 Billion |
| Armada Hflr Pr (AHH) | $-37.40 Million | 0.00% | 0.00x | $487.33 Million |
| Armada Hoffler Properties, Inc. (AHRT) | $756.80 Million | 3.85% | 1.53x | $511.94 Million |
| Broadstone Net Lease Inc (BNL) | $1.53 Billion | 4.54% | 1.03x | $4.02 Billion |
| CTO Realty Growth Inc (CTO) | $117.81 Million | 4.10% | 0.47x | $623.55 Million |
| Empire State Realty Trust Inc (ESRT) | $1.73 Billion | 3.08% | 1.44x | $907.03 Million |
| FrontView REIT, Inc. (FVR) | $30.86 Million | 1.79% | 0.06x | $411.59 Million |
| Generation Income Properties Inc (GIPR) | $10.05 Million | -18.22% | 3.05x | $1.48 Million |
| Gladstone Commercial Corporation (GOOD) | $104.75 Million | -0.23% | 0.00x | $596.86 Million |
About Global Net Lease, Inc.
Global Net Lease, Inc. is a publicly traded internally managed real estate investment trust that focuses on acquiring and managing a global portfolio of income producing net lease assets across the U.S., and Western and Northern Europe. Global Net Lease, Inc. was incorporated in 2011 and is based in New York, United States.