← Global Net Lease, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Available to Common Stockholders, Basic | $47.1m |
$20.7m
-56.02%
|
$1.1m
-94.78%
|
$34.5m
+3091.77%
|
($7.8m)
-122.51%
|
($8.7m)
-11.87%
|
($8.4m)
+3.85%
|
($239.3m)
-2761.99%
|
($175.3m)
+26.75%
|
($269.2m)
-53.55%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $47.6m | $23.6m | $10.9m | $46.5m | $10.8m | $11.4m | $12.0m | ($211.9m) | ($131.6m) | ($225.5m) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $437k | $21k | $0 | $0 | — | — | — | — | — | — | — | |
| Depreciation and amortization | $94.5m | $113.0m | $119.6m | $126.0m | $138.5m | $163.1m | $154.0m | $222.3m | $349.9m | $191.2m | $179.4m | |
| Amortization of Debt Issuance Costs | $6.7m | $4.4m | $5.2m | $6.6m | $7.8m | $9.9m | $9.5m | $8.6m | $10.0m | $9.6m | — | |
| Amortization of Intangible Assets | $44.1m | $53.7m | $54.7m | $56.7m | $58.1m | $69.0m | $57.8m | $101.0m | $173.7m | $88.1m | — | |
| Depreciation | $50.3m | $59.4m | $64.8m | $69.3m | $80.5m | $94.1m | $96.2m | $121.3m | $176.2m | $132.9m | $117.8m | |
| Amortization Cash Flow | — | — | — | — | — | — | $61.8m | $111.5m | $191.7m | $96.5m | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | $61.8m | $111.5m | $191.7m | $96.5m | $61.6m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $158.9m | $233.7m | $369.1m | $230.7m | $179.4m | |
| Deferred Income Tax Expense (Benefit) | $1.9m | $1.0m | $3.3m | ($400k) | ($2.0m) | ($2.2m) | ($2.0m) | ($2.4m) | ($258k) | $11.7m | — | |
| Share-based Payment Arrangement, Noncash Expense | $3.7m | ($3.8m) | $2.6m | $9.5m | $10.1m | $11.0m | $12.1m | $17.3m | $8.9m | $12.5m | $14.1m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | ($100k) | — | — | — | $14.1m | |
| Goodwill, Impairment Loss | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $7.1m | $102.2m | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | $3.4m | — | — | — | — | $1.8m | $2.5m | $157.5m | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $21.6m | $68.7m | $90.4m | $164.7m | $102.2m | |
| Nonoperating Income (Expense) | ($8.3m) | ($59.3m) | ($54.7m) | ($64.1m) | ($83.5m) | ($88.4m) | ($77.5m) | ($182.1m) | ($333.6m) | ($224.9m) | — | |
| Other Nonoperating Income (Expense) | — | $22k | ($23k) | $216k | $289k | $121k | $981k | $2.3m | $1.7m | $4.3m | — | |
| Change In Working Capital | — | — | — | — | — | — | ($13.5m) | ($5.5m) | ($30.8m) | ($16.0m) | $15.3m | |
| Net Cash Provided by (Used in) Operating Activities | $114.4m |
$131.0m
+14.48%
|
$144.6m
+10.42%
|
$146.0m
+0.97%
|
$176.9m
+21.13%
|
$192.5m
+8.84%
|
$181.8m
-5.54%
|
$143.7m
-20.94%
|
$299.5m
+108.34%
|
$222.8m
-25.61%
|
$218.4m
-1.98%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | — | — | — | $17.3m | — | — | ($29.9m) | ($47.3m) | ($45.6m) | ($33.4m) | ($17.2m) | |
| Capital Expenditure Reported | $200k | $3.1m | $1.5m | $17.3m | — | — | ($29.9m) | ($47.3m) | ($45.6m) | ($33.4m) | ($17.2m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | $451.4m | $0 | $0 | $0 | |
| Net Other Investing Changes | — | — | — | — | — | — | — | — | $2.1m | $81.2m | $87.6m | |
| Net Cash Provided by (Used in) Investing Activities | $134.1m | ($79.0m) | ($457.9m) | ($294.5m) | ($470.5m) | ($436.6m) | ($16.5m) | ($551.9m) | $759.9m | $1.8b | $708.5m | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | ($3.9m) | ($949k) | ($3.6m) | $0 | ($2.0m) | ($1.2m) | ($15.9m) | ($11.2m) | — | |
| Issuance Of Debt | — | — | — | — | — | — | $180.2m | $1.1b | $803.8m | $1.2b | $15k | |
| Long Term Debt Issuance | — | — | — | — | — | — | $0 | $0 | $317.5m | $0 | $15k | |
| Long Term Debt Payments | — | — | — | — | — | — | ($137.2m) | ($341.4m) | ($665.6m) | ($551.1m) | ($355.4m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $43.0m | $713.5m | ($670.4m) | ($1.7b) | ($609.6m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($137.2m) | ($341.4m) | ($348.0m) | ($551.1m) | ($355.4m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $180.2m | $1.1b | ($322.4m) | ($1.1b) | ($254.2m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($137.2m) | ($341.4m) | ($1.5b) | ($2.9b) | ($355.4m) | |
| Short Term Debt Issuance | — | — | — | — | — | — | $180.2m | $1.1b | $486.3m | $1.2b | $1.0b | |
| Short Term Debt Payments | — | — | — | — | — | — | $0 | $0 | ($808.6m) | ($2.4b) | ($1.3b) | |
| Payments for Repurchase of Common Stock | $0 | $0 | — | — | — | $156k | $686k | $1.2m | $1.0m | $120.3m | — | |
| Payments of Ordinary Dividends, Common Stock | $120.4m | $142.7m | $147.4m | $150.8m | $155.1m | $156.2m | $166.8m | $207.0m | $272.4m | $192.1m | ($210.3m) | |
| Proceeds from Issuance of Common Stock | $0 | $18.3m | $171.8m | $258.4m | — | $214.0m | $894k | — | — | — | $0 | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($166.8m) | ($207.0m) | ($272.4m) | ($192.1m) | ($166.5m) | |
| Common Stock Issuance | — | — | — | — | — | $214.0m | $894k | — | $0 | — | $0 | |
| Common Stock Payments | — | — | — | — | — | — | ($686k) | ($1.2m) | ($1.0m) | ($122.1m) | ($96.9m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $229.9m | $5.6m | $0 | $0 | — | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | $208k | ($1.2m) | ($1.0m) | ($122.1m) | ($96.9m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($686k) | ($1.2m) | ($1.0m) | ($122.1m) | ($96.9m) | |
| Dividends Payable | $34k | $2.6m | $2.7m | $4.0m | $5.2m | $5.4m | $5.2m | $11.2m | $11.9m | $11.7m | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($187.1m) | ($233.2m) | ($316.2m) | ($235.8m) | ($210.3m) | |
| Preferred Stock Dividend Paid | — | — | — | — | — | — | ($20.3m) | ($26.2m) | ($43.7m) | ($43.7m) | ($43.7m) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($10.5m) | ($10.1m) | ($7.7m) | ($15.3m) | ($15.3m) | |
| Net Cash Provided by (Used in) Financing Activities | ($240.9m) |
($30.7m)
+87.27%
|
$312.2m
+1118.34%
|
$300.0m
-3.90%
|
$140.7m
-53.11%
|
$218.3m
+55.19%
|
($149.7m)
-168.59%
|
$469.0m
+413.21%
|
($995.4m)
-312.23%
|
($2.1b)
-107.33%
|
($932.0m)
+54.84%
|
|
| Beginning Cash Position | — | — | — | — | — | — | $93.3m | $104.4m | $162.4m | $224.2m | $182.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $107.7m | $103.7m | $274.3m | $125.7m | $93.3m | $104.4m | $162.4m | $224.2m | $194.1m | $177.0m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $9.1m | ($2.9m) | $19.1m | $4.4m | ($6.6m) | ($4.4m) | ($2.9m) | ($2.2m) | $5.8m | ($9.0m) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($4.4m) | ($2.9m) | ($2.2m) | $5.8m | ($9.0m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Payments of Financing Costs | $126k | $14.6m | $10.6m | $19.1m | $14.2m | $6.5m | $10.1m | $6.8m | $7.6m | $15.3m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $49.1m | $58.3m | $66.9m | $82.2m | $87.4m | $136.5m | $249.1m | $168.9m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | $13.7m | $12.5m | $13.1m | $10.5m | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | $0 | — | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | $7.4m | ($8.3m) | $7.6m | $769k | ($2.3m) | $5.8m | $18.6m | ($3.7m) | $4.2m | ($10.7m) | — | |
| Gain (Loss) on Sale of Properties | $13.3m | $1.1m | ($5.8m) | $23.6m | ($153k) | $1.5m | $325k | ($1.7m) | $57.0m | $43.3m | — | |
| Gain (Loss) on Termination of Lease | — | — | — | — | — | $8.8m | ($8.6m) | $0 | $0 | — | — | |
| Gains (Losses) on Sales of Investment Real Estate | $13.3m | $1.1m | ($5.8m) | $23.6m | ($153k) | $1.5m | $325k | ($1.7m) | $57.0m | $94.7m | — | |
| General and Administrative Expense | $7.1m | $8.6m | $10.4m | $10.1m | $13.3m | $17.2m | $17.7m | $40.2m | $57.7m | $52.8m | — | |
| Goodwill | — | — | — | — | — | — | — | $47.0m | $51.4m | $45.9m | $102.2m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | — | ($135.7m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | — | ($89.7m) | — | |
| Income Tax Expense (Benefit) | $4.4m | $3.1m | $2.4m | $4.3m | $5.0m | $12.2m | $11.0m | $14.5m | $4.4m | $21.8m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $326.9m | $194.7m | — | |
| Operating Expenses | $153.9m | $173.2m | $208.4m | — | — | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | $1.3m | $1.4m | $1.4m | $1.3m | $1.4m | $1.5m | $1.6m | — | |
| Proceeds from Noncontrolling Interests | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Stock or Unit Option Plan Expense | $3.7m | ($3.8m) | $2.6m | $9.5m | $10.1m | $11.0m | $12.1m | $17.3m | $8.9m | $12.5m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($149.7m) | $469.0m | ($995.4m) | ($2.1b) | ($932.0m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($16.5m) | ($551.9m) | $759.9m | $1.8b | $708.5m | |
| Change In Account Payable | — | — | — | — | — | ($3.5m) | ($3.0m) | — | — | — | — | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $15.5m | $60.9m | $64.0m | ($36.0m) | — | |
| Change In Income Tax Payable | — | — | — | — | — | $0 | $0 | — | — | — | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($6.8m) | ($3.5m) | ($14.9m) | $10.1m | $759k | |
| Change In Payable | — | — | — | — | — | ($3.5m) | ($3.0m) | $9.6m | $22.2m | $30.4m | $1.2m | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($3.7m) | $7.6m | $6.2m | $4.2m | $13.3m | |
| Change In Tax Payable | — | — | — | — | — | $0 | $0 | — | — | — | — | |
| Changes In Cash | — | — | — | — | — | — | $15.5m | $60.9m | $64.0m | ($36.0m) | ($5.1m) | |
| End Cash Position | — | — | — | — | — | — | $104.4m | $162.4m | $224.2m | $194.1m | $177.0m | |
| Financing Cash Flow | — | — | — | — | — | — | ($149.7m) |
$469.0m
+413.21%
|
($995.4m)
-312.23%
|
($2.1b)
-107.33%
|
($932.0m)
+54.84%
|
|
| Free Cash Flow | — | — | — | — | — | — | $151.9m | $96.4m | $253.8m | $189.4m | $201.2m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($325k) | $1.7m | ($57.0m) | ($43.3m) | ($127.8m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($16.5m) | ($551.9m) | $759.9m | $1.8b | $708.5m | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $0 | ($451.4m) | $0 | $0 | $0 | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | ($11.8m) | $7.3m | ($6.7m) | $18.9m | ($9.6m) | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | — | $13.4m | ($53.2m) | $803.4m | $1.8b | $638.1m | |
| Net Preferred Stock Issuance | — | — | — | — | — | $15.9m | $4.7m | $0 | $0 | — | $0 | |
| Operating Gains Losses | — | — | — | — | — | — | ($10.1m) | $10.2m | ($47.8m) | $1.9m | ($117.4m) | |
| Other Non Cash Items | — | — | — | — | — | — | $875k | $9.4m | $41.3m | $54.5m | — | |
| Purchase Of Business | — | — | — | — | — | — | $0 | ($451.4m) | $0 | $0 | $0 | |
| Purchase Of Investment Properties | — | — | — | — | — | — | ($41.3m) | ($134.1m) | $0 | $0 | ($250k) | |
| Sale Of Investment Properties | — | — | — | — | — | — | $54.7m | $80.9m | $803.4m | $1.8b | $638.4m | |
| Stock Based Compensation | — | — | — | — | — | — | $12.1m | $39.2m | $8.9m | $12.5m | $14.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.