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Global Net Lease (Global Net Lease) ROE % : -7.16% (As of Dec. 2023)


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What is Global Net Lease ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Global Net Lease's annualized net income for the quarter that ended in Dec. 2023 was $-194.3 Mil. Global Net Lease's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $2,714.8 Mil. Therefore, Global Net Lease's annualized ROE % for the quarter that ended in Dec. 2023 was -7.16%.

The historical rank and industry rank for Global Net Lease's ROE % or its related term are showing as below:

GNL' s ROE % Range Over the Past 10 Years
Min: -11.04   Med: 0.75   Max: 3.69
Current: -11.04

During the past 12 years, Global Net Lease's highest ROE % was 3.69%. The lowest was -11.04%. And the median was 0.75%.

GNL's ROE % is ranked worse than
89.25% of 800 companies
in the REITs industry
Industry Median: 4.195 vs GNL: -11.04

Global Net Lease ROE % Historical Data

The historical data trend for Global Net Lease's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Global Net Lease ROE % Chart

Global Net Lease Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.98 0.67 0.72 0.79 -10.40

Global Net Lease Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.47 -0.25 -7.69 -26.39 -7.16

Competitive Comparison of Global Net Lease's ROE %

For the REIT - Diversified subindustry, Global Net Lease's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Global Net Lease's ROE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Global Net Lease's ROE % distribution charts can be found below:

* The bar in red indicates where Global Net Lease's ROE % falls into.



Global Net Lease ROE % Calculation

Global Net Lease's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-211.91/( (1439.021+2637.752)/ 2 )
=-211.91/2038.3865
=-10.40 %

Global Net Lease's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-194.312/( (2791.939+2637.752)/ 2 )
=-194.312/2714.8455
=-7.16 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Global Net Lease  (NYSE:GNL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-194.312/2714.8455
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-194.312 / 826.904)*(826.904 / 8141.845)*(8141.845 / 2714.8455)
=Net Margin %*Asset Turnover*Equity Multiplier
=-23.5 %*0.1016*2.999
=ROA %*Equity Multiplier
=-2.39 %*2.999
=-7.16 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-194.312/2714.8455
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-194.312 / -172.476) * (-172.476 / 214.524) * (214.524 / 826.904) * (826.904 / 8141.845) * (8141.845 / 2714.8455)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1266 * -0.804 * 25.94 % * 0.1016 * 2.999
=-7.16 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Global Net Lease ROE % Related Terms

Thank you for viewing the detailed overview of Global Net Lease's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Global Net Lease (Global Net Lease) Business Description

Address
650 Fifth Avenue, 30th Floor, New York, NY, USA, 10019
Global Net Lease Inc is a real estate investment trust that manages a globally diversified portfolio of commercial real estate properties. The company is engaged in the ownership, management, operating, lease, acquisition, investment, and sale of the portfolio assets. Its real estate assets span the United States, the United Kingdom, Germany, the Netherlands, Belgium, Luxembourg, France, and Finland. The portfolio assets include office, industrial and distribution, retail, and other, with office buildings representing more than half of the properties.
Executives
Nicholas S Schorsch 10 percent owner
Jesse Charles Galloway officer: See Remarks 650 FIFTH AVENUE, 30TH FLOOR, NEW YORK NY 10019
Ar Global Investments, Llc 10 percent owner 222 BELLEVUE AVENUE, NEWPORT RI 02840
Bellevue Capital Partners, Llc 10 percent owner 222 BELLEVUE AVENUE, NEWPORT RI 02840
Lisa Kabnick director 405 PARK AVENUE, NEW YORK NY 10022
Leslie D Michelson director PRIVATE HEALTH MANAGEMENT, 9200 SUNSET BLVD, SUITE 110, LOS ANGELES CA 90069
Stanley R Perla director C/O LEXINGTON CORPORATE PROPERTIES TRUST, 355 LEXINGOTN AVE 14TH FL, NEW YORK NY 10017
Christopher J. Masterson officer: CFO, Secretary and Treasurer 405 PARK AVE, NEW YORK NY 10022
James Larry Nelson director, officer: CEO and President 2747 PARADISE ROAD, PH2804, LAS VEGAS NV 89109
Weil Edward M Jr. director C/O AMERICAN REALTY CAPITAL 405 PARK AVE, NEW YORK NY 10022
Edward G Rendell director 405 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Abby M. Wenzel director C/O AMERICAN REALTY CAPITAL PROPERTIES, 405 PARK AVENUE, NEW YORK NY 10022
Sue Perrotty Portia director 405 PARK AVENUE, NEW YORK NY 10022
Lee M Elman director 405 PARK AVENUE, NEW YORK NY 10022
M. Therese Antone director 650 FIFTH AVENUE, 30TH FLOOR, NEW YORK NY 10019