Earnings summaries and quarterly performance for Global Net Lease.
Executive leadership at Global Net Lease.
Board of directors at Global Net Lease.
DM
Dr. M. Therese Antone
Detailed
Director
EG
Edward G. Rendell
Detailed
Director
LC
Leon C. Richardson
Detailed
Director
LD
Leslie D. Michelson
Detailed
Director
LD
Lisa D. Kabnick
Detailed
Director
MJ
Michael J.U. Monahan
Detailed
Director
PS
P. Sue Perrotty
Detailed
Director
RI
Robert I. Kauffman
Detailed
Non-Executive Chair
SR
Stanley R. Perla
Detailed
Director
Research analysts who have asked questions during Global Net Lease earnings calls.
Upal Rana
KeyBanc Capital Markets
9 questions for GNL
Also covers: ADC, BDN, BNL +9 more
John Kim
BMO Capital Markets
8 questions for GNL
Also covers: AIV, ALX, ARDX +34 more
MG
Michael Gorman
BTG Pactual
8 questions for GNL
Also covers: BNL, CSR, CTO +14 more
MG
Mitch Germain
Citizens JMP
5 questions for GNL
Also covers: ADC, ALEX, BNL +17 more
Craig Kucera
Lucid Capital Markets
2 questions for GNL
Also covers: CIO, CTO, FPI +8 more
Jay Kornreich
Wedbush Securities
2 questions for GNL
Also covers: APLE, BNL, CTO +10 more
BO
Barry Oxford
Colliers
1 question for GNL
Also covers: BRT, CHCT, CIO +8 more
BM
Bryan Maher
B. Riley Securities
1 question for GNL
Also covers: BEEP, DHC, GMRE +8 more
EG
Eric Gordon
BMO Capital Markets
1 question for GNL
Recent press releases and 8-K filings for GNL.
Global Net Lease, Inc. Exceeds 2025 AFFO Guidance, Highlights Strategic Transformation, and Provides 2026 Outlook
GNL
Earnings
Guidance Update
Share Buyback
- Global Net Lease, Inc. (GNL) reported Q4 2025 revenue of $117.0 million and full-year 2025 AFFO per share of $0.99, surpassing its guidance range of $0.95 to $0.97.
- The company completed a $1.8 billion Multi-Tenant Retail Portfolio Sale as part of approximately $3.4 billion in total asset sales since 2024, completing its evolution into a pure-play single-tenant net lease REIT.
- GNL significantly reduced outstanding debt by more than $2.8 billion since Q4 2023, improving Net Debt to Adjusted EBITDA from 8.4x to 6.7x, and received credit rating upgrades, including an investment-grade BBB- from Fitch.
- Through February 20, 2026, GNL repurchased 17.2 million shares for $135.9 million at a weighted average price of $7.88.
- For 2026, GNL provided initial guidance of AFFO between $0.80 and $0.84 per share and Net Debt to Adjusted EBITDA between 6.5x and 6.9x.
1 day ago
Global Net Lease Exceeds 2025 Guidance, Achieves Credit Rating Upgrade, and Outlines 2026 Growth Strategy
GNL
Earnings
Guidance Update
New Projects/Investments
- Global Net Lease (GNL) delivered a 32% total return in 2025, outperforming its net lease peers, and reported full-year 2025 AFFO per share of $0.99, exceeding its revised guidance. The company significantly strengthened its balance sheet by reducing Net Debt by $2.2 billion since Q4 2024, resulting in a Net Debt to Adjusted EBITDA ratio of 6.7x at year-end 2025, and received a Fitch corporate credit rating upgrade to BBB-.
- GNL completed approximately $3.4 billion in sales through its disposition program, including a $1.8 billion Multi-Tenant Retail Portfolio sale, and utilized proceeds to reduce debt and repurchase 17.2 million shares for $136 million at a weighted average price of $7.88 between January 1, 2025, and February 20, 2026.
- The company refinanced its Revolving Credit Facility, which boosted liquidity to $962 million and contributed to a reduced weighted average interest rate of 4.2%. For 2026, GNL is shifting its focus to growth, planning to selectively sell office assets and redeploy proceeds into accretive single-tenant industrial and retail acquisitions, with AFFO per share guidance of $0.80 – $0.84 and Net Debt to Adjusted EBITDA guidance of 6.5x – 6.9x.
1 day ago
GNL Announces Q4 and Full Year 2025 Results, Strategic Transformation, and 2026 Guidance
GNL
Earnings
Guidance Update
M&A
- Global Net Lease (GNL) reported Q4 2025 AFFO per share of $0.22 and full-year 2025 AFFO per share of $0.99, exceeding its revised guidance of $0.95-$0.97.
- The company completed a significant transformation in 2025, executing $3.4 billion in asset sales under its disposition program, including a $1.8 billion multi-tenant retail portfolio sale, to become a pure-play, single-tenant net lease REIT.
- GNL materially strengthened its balance sheet, reducing outstanding debt by more than $2.8 billion since Q4 2023, improving Net Debt to Adjusted EBITDA to 6.7x, and achieving credit rating upgrades from Fitch (to BBB-) and S&P Global (to BB+ for corporate, investment grade for bonds).
- The company repurchased 17.2 million shares for $135.9 million at a weighted average price of $7.88 through February 20, 2026, and provided initial 2026 guidance of AFFO per share between $0.80 and $0.84 and a Net Debt to Adjusted EBITDA range of 6.5x to 6.9x.
1 day ago
Global Net Lease Reports Strong Q4 2025 Results, Completes Transformational Year, and Provides 2026 Guidance
GNL
Earnings
Guidance Update
M&A
- Global Net Lease (GNL) reported Q4 2025 AFFO of $0.22 per share and full-year 2025 AFFO of $0.99 per share, exceeding its revised guidance.
- The company completed a transformational year in 2025, executing $3.4 billion in asset sales, including a $1.8 billion multi-tenant retail portfolio sale and the McLaren Campus for approximately $336 million. These actions reduced outstanding debt by more than $2.8 billion since Q4 2023, improving Net Debt to Adjusted EBITDA to 6.7x from 8.4x.
- GNL's credit profile was strengthened, with Fitch upgrading its corporate credit rating to investment-grade BBB- and S&P Global upgrading its corporate rating to BB+ and bonds to investment grade.
- The company initiated a share repurchase program, buying back 17.2 million shares for $135.9 million at a weighted average price of $7.88 through February 20, 2026.
- For 2026, GNL provided initial guidance of AFFO between $0.80-$0.84 per share and Net Debt to Adjusted EBITDA in the range of 6.5x-6.9x, signaling a shift towards accretive capital recycling with a focus on industrial and retail acquisitions and further office dispositions.
1 day ago
Global Net Lease Reports Q4 and Full-Year 2025 Results, Announces Strategic Shift and 2026 Guidance
GNL
Earnings
Guidance Update
Share Buyback
- Global Net Lease (GNL) reported Q4 2025 AFFO of $0.22 per share and full-year 2025 AFFO of $0.99 per share, exceeding its revised 2025 guidance range of $0.95-$0.97.
- The company completed a transformational year in 2025, executing $3.4 billion in asset sales since 2024, which significantly reduced outstanding debt by over $2.8 billion since Q4 2023, improving Net Debt to Adjusted EBITDA from 8.4x to 6.7x.
- GNL strengthened its financial profile through a $1.8 billion refinancing of its revolving credit facility, extending maturity to August 2030, and received credit rating upgrades from Fitch (to BBB-) and S&P Global (bonds to investment grade).
- The company repurchased 17.2 million shares for $135.9 million through February 20, 2026, at a weighted average price of $7.88.
- For 2026, GNL provided initial guidance of AFFO per share in the range of $0.80-$0.84 and Net Debt to Adjusted EBITDA between 6.5x-6.9x, signaling a strategic shift towards accretive capital recycling by selling office assets and acquiring single-tenant industrial and retail properties.
1 day ago
Global Net Lease Reports Strong 2025 Performance, Debt Reduction, and Credit Rating Upgrade
GNL
Earnings
Share Buyback
Debt Issuance
- Global Net Lease (GNL) delivered a 32% total return in 2025, significantly outperforming its net lease peers, and successfully reduced Net Debt by $2.2 billion since Q4 2024, leading to a Fitch Ratings upgrade to investment-grade BBB-.
- The company completed approximately $3.4 billion in asset sales, highlighted by the $1.8 billion Multi-Tenant Retail Portfolio sale, and repurchased 17.2 million shares for $136 million.
- For Q4 2025, GNL reported Adjusted Funds from Operations (AFFO) per share of $0.22, with full-year 2025 AFFO per share of $0.99 exceeding its revised guidance.
2 days ago
Global Net Lease, Inc. Reports Q4 and Full Year 2025 Results
GNL
Earnings
Guidance Update
Share Buyback
- Global Net Lease, Inc. (GNL) reported full-year 2025 Adjusted Funds From Operations (AFFO) of $0.99 per share, surpassing its revised guidance range of $0.95 to $0.97.
- The company reduced net debt by $2.2 billion in 2025, improving its Net Debt to Adjusted EBITDA ratio from 7.6x to 6.7x.
- GNL repurchased 17.2 million shares of common stock for a total of $135.9 million since the launch of its repurchase program in February 2025.
- The McLaren Campus was sold for £250 million, generating an approximate £80 million gain above its original purchase price, and the corporate credit rating was upgraded to investment-grade BBB- by Fitch Ratings.
- For full-year 2026, GNL introduced initial guidance of AFFO per share between $0.80 and $0.84 and Net Debt to Adjusted EBITDA between 6.5x and 6.9x, with a strategic focus on reducing office exposure and accretive capital redeployment.
2 days ago
Global Net Lease Highlights 2025 Strategic Accomplishments
GNL
Debt Issuance
Share Buyback
M&A
- Global Net Lease (GNL) completed its strategic disposition program, selling approximately $3.3 billion in assets since 2024, which repositioned the company as a pure-play single-tenant net lease REIT.
- The company reduced its total debt by over $2.7 billion and refinanced its $1.8 billion Revolving Credit Facility in August 2025, lowering its cost of borrowing by approximately 70 basis points since Q3 2024.
- GNL repurchased 15.4 million shares for $120 million at a weighted average price of $7.77 per share through December 31, 2025, as part of its accretive Share Repurchase Program.
- Credit ratings were upgraded, with Fitch Ratings raising GNL's corporate credit rating to BBB- from BB+ and S&P Global upgrading its issuer-level rating on unsecured notes to BBB- from BB+.
Jan 8, 2026, 11:15 AM
Global Net Lease Highlights Strategic Accomplishments in 2025
GNL
Share Buyback
Debt Issuance
New Projects/Investments
- Global Net Lease (GNL) successfully completed its strategic disposition program in 2025, selling approximately $3.3 billion in assets since 2024, which repositioned the company as a pure-play single-tenant net lease REIT.
- The company significantly strengthened its balance sheet by reducing total debt by over $2.7 billion and repurchased 15.4 million shares for $120 million through December 31, 2025.
- GNL achieved investment-grade credit ratings in 2025, with Fitch Ratings upgrading its corporate credit rating to BBB- from BB+ and S&P Global raising its corporate rating to BB+ from BB.
- In August 2025, GNL refinanced its $1.8 billion Revolving Credit Facility, which lowered its cost of borrowing by approximately 70 basis points since the third quarter of 2024.
Jan 8, 2026, 11:00 AM
Global Net Lease, Inc. Announces Common Stock Dividend
GNL
Dividends
- Global Net Lease, Inc. (GNL) announced on January 2, 2026, the declaration of a common stock dividend.
- The dividend is $0.190 per share of common stock.
- The dividend is payable on January 16, 2026, to common stockholders of record at the close of business on January 12, 2026.
Jan 2, 2026, 11:15 AM
Quarterly earnings call transcripts for Global Net Lease.
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