Global Net Lease, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $495.3M | $569.8M | $445.8M | $378.9M | $391.2M | $330.1M | $306.2M | $282.2M |
| Cost of Revenue | — | — | — | — | — | — | — | $28.2M |
| Gross Profit | — | — | — | — | — | — | — | $254.0M |
| Gross Margin | — | — | — | — | — | — | — | 90.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $52.8M | $52.4M | $37.2M | $17.7M | $17.2M | $13.3M | $10.1M | $10.4M |
| Operating Income | $111.0M | $188.1M | $-15.3M | $100.5M | $111.9M | $99.2M | $114.9M | $68.0M |
| Operating Margin | 22.4% | 33.0% | -3.4% | 26.5% | 28.6% | 30.1% | 37.5% | 24.1% |
| Interest Expense | — | — | $179.4M | $97.5M | $94.3M | $71.8M | $64.2M | $58.0M |
| Pretax Income | $-113.9M | $-74.9M | $-176.7M | $23.1M | $23.5M | $15.7M | $50.8M | $13.3M |
| Income Tax Expense | $21.8M | $4.4M | $14.5M | $11.0M | $12.2M | $5.0M | $4.3M | $2.4M |
| Net Income | $-225.5M | $-131.6M | $-211.9M | $12.0M | $11.4M | $10.8M | $46.5M | $10.9M |
| Net Margin | -45.5% | -23.1% | -47.5% | 3.2% | 2.9% | 3.3% | 15.2% | 3.9% |
| EPS (Basic) | $-1.21 | $-0.76 | $-1.71 | $-0.09 | $-0.20 | $-0.09 | $0.40 | $0.01 |
| EPS (Diluted) | $-1.21 | $-0.76 | $-1.71 | $-0.09 | $-0.20 | $-0.09 | $0.39 | $0.01 |
| Shares Outstanding (Basic) | 223.3M | 230.4M | 142.6M | 103.7M | 98.3M | 89.5M | 85.0M | 69.4M |
| Shares Outstanding (Diluted) | 223.3M | 230.4M | 142.6M | 103.7M | 98.3M | 89.5M | 86.3M | 69.7M |
| Dividends Per Share | $0.85 | $1.18 | $1.55 | $1.60 | $1.60 | $1.73 | $2.13 | $2.13 |