Global Net Lease EV/EBIT GNL
Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2016.
- Today, Oct 23, 2026
- 16.1×
- 10-year median
- 30.9×
- Against its 10-year history
- 3rd
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 11.2× to 91.3×
- Peer median
- 36.9×
Global Net Lease's EV/EBIT is 16.1× as of Oct 23, 2026.
That is below its ten-year median of 30.9×, lower than on 97% of days in the last ten years.
Over that time it ranged from 11.2× in Mar 2018 to 91.3× in Dec 2023.
The median for 10 specialty REITs of a similar size is 36.9×.
EV/EBIT over time
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 16.1× | 16.1× | 26.6× |
| 2025 | 25.1× | 24.3× | 35.0× |
| 2024 | 34.6× | 34.5× | 90.8× |
| 2023 | 91.3× | 28.6× | 91.3× |
| 2022 | 28.1× | 26.5× | 32.9× |
| 2021 | 32.6× | 30.2× | 39.7× |
| 2020 | 31.1× | 21.7× | 33.2× |
| 2019 | 31.8× | 31.6× | 41.2× |
| 2018 | 33.9× | 11.2× | 37.5× |
| 2017 | 17.3× | 17.0× | 34.3× |
| 2016 | 33.4× | 32.5× | 43.5× |
Against its peers
Companies in REIT - Specialty nearest Global Net Lease's size, closest first, today.
| Company | EV/EBIT |
|---|---|
| GNLGlobal Net Lease | 16.1× |
| CBLCBL & Associates Properties | 10.6× |
| UMHUMH Properties | 63.8× |
| AATAmerican Assets Trust | 28.5× |
| BXMTBlackstone Mortgage Trust | n/m |
| ALXAlexanders | 8.3× |
| SMASmartStop Self Storage REIT | 47.9× |
| DEAEasterly Government Properties | 211× |
| NTSTNETSTREIT | 45.3× |
| IVTInvenTrust Properties | n/m |
| LTCLTC Properties | 14.5× |
| Peer median | 36.9× |
Where Global Net Lease ranks
What the EV/EBIT tells you
What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.
Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.
More on Global Net Lease
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.