← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $214.2m |
$259.3m
+21.07%
|
$282.2m
+8.84%
|
$306.2m
+8.51%
|
$330.1m
+7.80%
|
$391.2m
+18.52%
|
$378.9m
-3.16%
|
$515.1m
+35.95%
|
$805.0m
+56.29%
|
$495.3m
-38.47%
|
$459.7m
-7.18%
|
|
| 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 | — | |
| Cost of Revenue | $19.8m |
$24.5m
+23.83%
|
$28.2m
+15.44%
|
$181.2m
+541.82%
|
$217.6m
+20.08%
|
$262.1m
+20.44%
|
$260.6m
-0.58%
|
$490.3m
+88.15%
|
$540.8m
+10.31%
|
$331.6m
-38.69%
|
$51.6m
-84.45%
|
|
| Gross Profit (Calculated) (derived) | $194.4m |
$234.8m
+20.79%
|
$254.0m
+8.15%
|
$125.0m
-50.78%
|
$112.5m
-10.00%
|
$129.1m
+14.79%
|
$118.3m
-8.41%
|
$24.8m
-79.03%
|
$264.2m
+965.18%
|
$163.7m
-38.03%
|
— | |
| General and Administrative Expense | $7.1m | $8.6m | $10.4m | $10.1m | $13.3m | $17.2m | $17.7m | $40.2m | $57.7m | $52.8m | $63.3m | |
| Amortization of Intangible Assets | $44.1m | $53.7m | $54.7m | $56.7m | $58.1m | $69.0m | $57.8m | $101.0m | $173.7m | $88.1m | — | |
| Operating Lease, Expense | — | — | — | $1.3m | $1.4m | $1.4m | $1.3m | $1.4m | $1.5m | $1.6m | — | |
| Operating Expenses | $153.9m | $173.2m | $208.4m | — | — | — | — | — | — | — | $287.2m | |
| Operating Income (Loss) | $60.3m |
$86.0m
+42.74%
|
$68.0m
-20.95%
|
$114.9m
+68.91%
|
$99.2m
-13.62%
|
$111.9m
+12.77%
|
$100.5m
-10.16%
|
($15.4m)
-115.30%
|
$206.5m
+1442.37%
|
$111.0m
-46.25%
|
$172.5m
+55.45%
|
|
| Interest Expense | $39.1m | $48.5m | $58.0m | $64.2m | $71.8m | $94.3m | $97.5m | $179.4m | — | — | $165.9m | |
| Net Investment Income | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| 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) | — | |
| Other Nonoperating Income (Expense) | — | $22k | ($23k) | $216k | $289k | $121k | $981k | $2.3m | $1.7m | $4.3m | — | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $326.9m | $194.7m | $165.9m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | $56.2m | $64.6m | ($118.4m) | ($123.2m) | ($177.1m) | $5.9m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $52.0m | $26.7m | $13.3m | $50.8m | $15.7m | $23.5m | $23.1m | ($197.4m) | ($127.1m) | ($113.9m) | $5.9m | |
| Current Income Tax Expense (Benefit) | $2.5m | $2.1m | $2.4m | $4.7m | $6.9m | $14.3m | $13.0m | $16.9m | $4.7m | $10.1m | $21.9m | |
| Income Tax Expense (Benefit) | $4.4m | $3.1m | $2.4m | $4.3m | $5.0m | $12.2m | $11.0m | $14.5m | $4.4m | $21.8m | $21.9m | |
| Net Income (Loss) Attributable to Parent | $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%
|
($59.1m)
+78.05%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $437k | $21k | $0 | $0 | — | — | — | — | — | — | ($59.1m) | |
| Preferred Stock Dividends, Income Statement Impact | — | $2.8m | $9.8m | $11.9m | $18.6m | $20.1m | $20.4m | $27.4m | $43.7m | $43.7m | $43.7m | |
| Earnings Per Share, Basic | — | — | — | $0.40 | ($0.09) | ($0.20) | ($0.09) | ($1.71) | ($0.76) | ($1.21) | ($0.28) | |
| Earnings Per Share, Diluted | — | — | — | $0.39 | ($0.09) | ($0.20) | ($0.09) | ($1.71) | ($0.76) | ($1.21) | ($0.28) | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | — | — | — | — | — | ($1) | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | — | — | — | — | — | — | — | ($1) | — | |
| Common Stock, Dividends, Per Share, Declared | — | — | — | $2.13 | $1.73 | $1.73 | $1.60 | $1.55 | $1.18 | $0.84 | — | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | 69.4m | 85.0m | 89.5m | 98.3m | 103.7m | 142.6m | 230.4m | 223.3m | 216.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | 69.7m | 86.3m | 89.5m | 98.3m | 103.7m | 142.6m | 230.4m | 223.3m | 216.3m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | $9.8m | $2.0m | $13.8m | $1.3m | $663k | $141k | $244k | $54.5m | $6.0m | $6.7m | — | |
| Direct Costs of Leased and Rented Property or Equipment | $19.0m | $28.9m | $28.7m | $28.3m | $32.4m | $32.7m | $32.9m | $67.8m | $142.5m | $51.2m | — | |
| Goodwill, Impairment Loss | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $7.1m | $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) | — |