Global Net Lease Inc - Understand $gnl stock

$GNL Market Cap: $1.934 Billion

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Financial Snapshot

Revenue

$734.2M

TTM

Gross Margin

81.92%

TTM

Net Earnings

-$255.3M

TTM

Current Assets

$214.6M

Q2 2024

Current Liabilities

$146.9M

Q2 2024

Current Ratio

146.09%

Q2 2024

Total Assets

$7.613B

Q2 2024

Total Liabilities

$5.189B

Q2 2024

Book Value

$2.423B

Q2 2024

Cash

$122.2M

Q2 2024

P/E

-7.573

Oct 17, 2024 EST

Free Cash Flow

$114.6M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$515.1M	$378.9M	$391.2M	$330.1M	$306.2M	$282.2M	$259.3M	$214.2M	$205.3M	$93.38M	$3.951M	$30.00K	$0.00
YoY Change	35.95%	-3.16%	18.52%	7.8%	8.51%	8.84%	21.07%	4.31%	119.88%	2263.53%	13070.0%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Revenue	$515.1M	$378.9M	$391.2M	$330.1M	$306.2M	$282.2M	$259.3M	$214.2M	$205.3M	$93.38M	$3.951M	$30.00K	$0.00
Cost Of Revenue	$96.12M	$73.00M	$71.79M	$68.20M	$61.60M	$28.23M	$24.46M	$19.75M	$33.30M	$8.700M	$100.0K	$0.00	$0.00
Gross Profit	$418.9M	$305.9M	$319.4M	$261.9M	$244.6M	$254.0M	$234.8M	$194.4M	$172.0M	$84.60M	$3.900M	$0.00	$0.00
Gross Profit Margin	81.34%	80.73%	81.65%	79.34%	79.88%	90.0%	90.57%	90.78%	83.77%	90.59%	98.71%	0.0%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Selling, General & Admin	$57.48M	$29.81M	$28.26M	$23.30M	$19.60M	$13.10M	$4.900M	$10.90M	$9.500M	$4.300M	$100.0K	$200.0K	$0.00
YoY Change	92.84%	5.47%	21.3%	18.88%	49.62%	167.35%	-55.05%	14.74%	120.93%	4200.0%	-50.0%
% of Gross Profit	13.72%	9.75%	8.85%	8.9%	8.01%	5.16%	2.09%	5.61%	5.52%	5.08%	2.56%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$121.3M	$96.19M	$94.08M	$80.47M	$69.26M	$64.85M	$59.39M	$50.33M	$47.65M	$20.86M	$837.0K	$12.00K	$0.00
YoY Change	26.12%	2.24%	16.92%	16.18%	6.8%	9.2%	17.98%	5.63%	128.47%	2391.76%	6875.0%
% of Gross Profit	28.96%	31.45%	29.45%	30.72%	28.31%	25.53%	25.29%	25.89%	27.7%	24.65%	21.46%
Operating Expenses	$279.8M	$183.8M	$191.3M	$161.9M	$145.7M	$208.4M	$173.2M	$153.9M	$172.1M	$136.9M	$10.01M	$433.0K	$0.00
YoY Change	52.18%	-3.92%	18.18%	11.12%	-30.1%	20.31%	12.58%	-10.59%	25.69%	1268.47%	2211.09%
Operating Profit	-$15.38M	$100.5M	$111.9M	$99.24M	$114.9M	$68.02M	$87.14M	$73.62M	$33.21M	-$43.56M	-$6.056M	-$403.0K	$0.00
YoY Change	-115.3%	-10.16%	12.77%	-13.62%	68.91%	-21.94%	18.36%	121.7%	-176.24%	619.29%	1402.73%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Interest Expense	$179.4M	$97.51M	$94.35M	$71.80M	$64.20M	$57.97M	$48.45M	$39.12M	$34.86M	$14.85M	$969.0K	$10.00K	$0.00
YoY Change	83.99%	3.35%	31.39%	11.85%	10.74%	19.66%	23.85%	12.21%	134.74%	1432.71%	9590.0%
% of Operating Profit		96.98%	84.3%	72.35%	55.88%	85.23%	55.6%	53.14%	104.98%
Other Income/Expense, Net	-$182.1M	-$77.49M	-$88.40M	-$83.50M	-$64.09M	-$54.69M	-$60.41M	-$21.62M	-$29.34M	-$11.47M	-$933.0K	-$10.00K
YoY Change	134.94%	-12.34%	5.87%	30.29%	17.18%	-9.47%	179.37%	-26.29%	155.87%	1128.83%	9230.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Pretax Income	-$197.4M	$23.06M	$23.52M	$15.75M	$50.81M	$13.33M	$26.73M	$52.00M	$3.874M	-$55.03M	-$6.989M	-$400.0K	$0.00
YoY Change	-956.37%	-1.97%	49.35%	-69.01%	281.13%	-50.12%	-48.6%	1242.26%	-107.04%	687.31%	1647.25%
Income Tax	$14.48M	$11.03M	$12.15M	$5.000M	$4.300M	$2.400M	$3.100M	$4.422M	$5.900M	-$1.431M	$0.00	$0.00
% Of Pretax Income		47.85%	51.67%	31.75%	8.46%	18.0%	11.6%	8.5%	152.3%
Net Earnings	-$211.9M	$12.02M	$11.37M	$10.78M	$46.48M	$10.90M	$23.59M	$47.14M	-$2.065M	-$53.59M	-$6.989M	-$413.0K	$0.00
YoY Change	-1862.54%	5.78%	5.46%	-76.81%	326.5%	-53.8%	-49.97%	-2382.81%	-96.15%	666.83%	1592.25%
Net Earnings / Revenue	-41.14%	3.17%	2.91%	3.27%	15.18%	3.86%	9.1%	22.01%	-1.01%	-57.39%	-176.89%	-1376.67%
Basic Earnings Per Share	-$1.71	-$0.09	-$0.20	-$0.09	$0.40	$0.01	$0.30
Diluted Earnings Per Share	-$1.71	-$0.09	-$0.20	-$0.09	$0.39	$0.01	$0.30	$830.7K	-$36.14K	-$1.276M	-$122.0K	-$6.969K	$0.00

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Cash & Short-Term Investments	$121.6M	$103.3M	$89.67M	$124.2M	$270.3M	$100.3M	$102.4M	$69.80M	$69.90M	$64.70M	$11.50M	$300.0K	$0.00
YoY Change	17.64%	15.24%	-27.8%	-54.05%	169.49%	-2.05%	46.7%	-0.14%	8.04%	462.61%	3733.33%
Cash & Equivalents	$121.6M	$103.3M	$89.67M	$124.2M	$270.3M	$100.3M	$102.4M	$69.80M	$69.90M	$64.70M	$11.50M	$300.0K	$0.00
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$205.8M	$176.8M	$163.9M	$185.6M	$322.4M	$147.5M	$145.2M	$105.4M	$70.00M	$73.90M	$13.30M	$300.0K
YoY Change	16.39%	7.9%	-11.7%	-42.43%	118.58%	1.58%	37.76%	50.57%	-5.28%	455.64%	4333.33%
Property, Plant & Equipment	$7.649B	$3.644B	$3.934B	$3.702B	$3.296B	$2.983B	$2.833B	$2.716B	$2.413B	$2.298B	$194.6M	$2.600M	$0.00
YoY Change	109.89%	-7.35%	6.25%	12.31%	10.51%	5.3%	4.31%	12.54%	5.03%	1080.63%	7384.62%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments										$500.0K
YoY Change
Other Assets	$64.24M	$17.57M	$10.06M	$11.70M	$19.40M	$125.9M	$13.10M	$10.20M	$10.30M	$23.50M	$2.900M	$0.00	$600.0K
YoY Change	265.73%	74.67%	-14.05%	-39.69%	-84.59%	861.07%	28.43%	-0.97%	-56.17%	710.34%		-100.0%
Total Long-Term Assets	$7.893B	$3.785B	$4.019B	$3.781B	$3.379B	$3.162B	$2.893B	$2.786B	$2.471B	$2.355B	$201.6M	$2.600M
YoY Change	108.54%	-5.82%	6.29%	11.9%	6.87%	9.28%	3.85%	12.77%	4.91%	1068.11%	7653.85%
Total Assets	$8.099B	$3.962B	$4.183B	$3.967B	$3.702B	$3.310B	$3.039B	$2.892B	$2.541B	$2.429B	$214.9M	$2.900M	$600.0K
YoY Change
Accounts Payable	$99.01M	$22.89M	$25.89M	$28.30M	$22.90M	$31.50M	$23.20M	$22.90M	$18.70M	$19.40M	$2.500M	$2.400M	$400.0K
YoY Change	332.58%	-11.58%	-8.53%	23.58%	-27.3%	35.78%	1.31%	22.46%	-3.61%	676.0%	4.17%	500.0%
Accrued Expenses	$48.37M	$21.88M	$22.77M	$25.40M	$24.00M
YoY Change	121.1%	-3.93%	-10.35%	5.83%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$55.40M	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change							-100.0%
Long-Term Debt Due										$700.0K	$700.0K
YoY Change										0.0%
Total Short-Term Liabilities	$158.6M	$51.14M	$54.94M	$60.90M	$52.30M	$37.20M	$29.10M	$89.60M	$24.70M	$31.20M	$4.000M	$2.400M	$400.0K
YoY Change	210.06%	-6.92%	-9.79%	16.44%	40.59%	27.84%	-67.52%	262.75%	-20.83%	680.0%	66.67%	500.0%
Long-Term Debt	$5.148B	$2.396B	$2.427B	$2.265B	$1.869B	$1.772B	$1.514B	$1.367B	$1.242B	$939.7M	$76.20M	$1.200M	$0.00
YoY Change	114.85%	-1.26%	7.13%	21.2%	5.46%	17.09%	10.77%	10.07%	32.12%	1133.2%	6250.0%
Other Long-Term Liabilities	$147.2M	$53.33M	$66.36M	$74.40M	$55.30M	$55.90M	$65.70M	$64.40M	$50.20M	$41.20M	$11.90M	$100.0K	$0.00
YoY Change	175.94%	-19.63%	-10.81%	34.54%	-1.07%	-14.92%	2.02%	28.29%	21.84%	246.22%	11800.0%
Total Long-Term Liabilities	$5.295B	$2.450B	$2.493B	$2.340B	$1.924B	$1.828B	$1.579B	$1.431B	$1.292B	$980.9M	$88.10M	$1.300M	$0.00
YoY Change	116.18%	-1.75%	6.56%	21.58%	5.26%	15.76%	10.38%	10.78%	31.69%	1013.39%	6676.92%
Total Liabilities	$5.461B	$2.523B	$2.562B	$2.435B	$2.004B	$1.884B	$1.625B	$1.544B	$1.335B	$1.012B	$92.20M	$3.700M	$400.0K
YoY Change	116.47%	-1.54%	5.25%	21.48%	6.37%	15.91%	5.29%	15.62%	31.91%	997.72%	2391.89%	825.0%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Basic Shares Outstanding	142.6M shares	103.7M shares	98.28M shares	89.47M shares	85.03M shares	69.41M shares	66.88M shares	56.72M shares
Diluted Shares Outstanding	142.6M shares	103.7M shares	98.28M shares	89.47M shares	86.35M shares	69.66M shares	66.88M shares	56.72M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.9336 Billion

About Global Net Lease Inc

Global Net Lease, Inc. is involved in real estate investment, acquiring a diversified global portfolio of commercial properties. The company is headquartered in New York City, New York and currently employs 77 full-time employees. The company went IPO on 2015-06-02. Its Industrial & Distribution, Single-Tenant Retail and Office segments owns, manages, and leases single-tenant properties where in addition to base rent, its tenants are required to pay for their property operating expenses or reimburse it for property operating expenses that the Company incurs. Its Multi-Tenant Retail segment owns, manages and lease multi-tenant properties where it generally pays for the property operating expenses for those properties and most of its tenants are required to pay their pro rata share of property operating expenses. The company owns approximately 1,268 properties. The company focuses on various industries, including healthcare, financial services, auto manufacturing, discount retail, specialty retail, gas/convenience, consumer goods, home improvement, and other.

Industry: Real Estate Investment Trusts Peers: Alexander & Baldwin Inc (Hawaii) American Assets Trust Inc Armada Hoffler Properties Inc Broadstone Net Lease Inc WP Carey Inc /entities/esba Empire State Realty Trust Inc Essential Properties Realty Trust Inc Safehold Inc