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Global Net LeaseGNL +0.34%66 Debt-to-EBITDA is 6.99 as of Jun. 2026, which is 18% below its 10-year median of 8.48. GuruFocus rates GNL with a GF Score™ of 66/100 and a GF Value™ of $6.48 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 574 REITs companies, Global Net Lease ranks worse than 53.83% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Global Net Lease's Debt-to-EBITDA or its related term are showing as below:
GNL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 6.99 Med: 8.48 Max: 24.58
Current: 6.99
During the past 13 years, the highest Debt-to-EBITDA Ratio of Global Net Lease was 24.58. The lowest was 6.99. And the median was 8.48.
GNL's Debt-to-EBITDA is ranked worse than 53.83% of 574
companies
in the REITs industry
Industry Median: 6.55
vs GNL: 6.99
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Global Net Lease Debt-to-EBITDA Related Terms
Global Net Lease Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Global Net Lease's Debt-to-EBITDA 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.
For the REIT - Diversified subindustry, Global Net Lease's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs REITs Industry
For the REITs industry and Real Estate sector, Global Net Lease's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Global Net Lease's Debt-to-EBITDA falls into.
* 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 Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
Global Net Lease (GNL) has a Debt-to-EBITDA of 6.99 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Global Net Lease. This is 18% below median its historical median of 8.48. Over the past decade, Global Net Lease's Debt-to-EBITDA has ranged from 6.99 to 24.58. According to the industry distribution chart, Global Net Lease ranks #309 out of 574 companies in the REITs industry, placing it in the top 53.8%.
Is Global Net Lease's Debt-to-EBITDA too high?
Global Net Lease's current Debt-to-EBITDA of 6.99 is 18% below median its 10-year median of 8.48. Over the past 10 years, this metric has ranged from a low of 6.99 to a high of 24.58. The REITs industry median Debt-to-EBITDA is 6.55. Global Net Lease's value of 6.99 is 6.7% above this industry median. Based on the distribution chart, Global Net Lease ranks #309 out of 574 companies in the REITs industry, which is below the industry midpoint. Overall, Global Net Lease has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Net Lease's Debt-to-EBITDA compare to AAT and SAFE?
According to the REITs industry distribution chart, Global Net Lease ranks #309 out of 574 companies for Debt-to-EBITDA. This places Global Net Lease in the lower half of its industry. The industry median Debt-to-EBITDA is 6.55. Global Net Lease's value of 6.99 is 6.7% above this benchmark. Historically, Global Net Lease's own Debt-to-EBITDA has ranged from 6.99 to 24.58 over the past decade. While the company's 10-year median is 8.48 vs. the industry median of 6.55, Global Net Lease has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a REITs company?
The median Debt-to-EBITDA among REITs companies is 6.55, based on 574 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Global Net Lease's current Debt-to-EBITDA of 6.99 is 6.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Global Net Lease. For the REITs industry, the median Debt-to-EBITDA is 6.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Net Lease's current Debt-to-EBITDA is 6.99, which is 18% below median its own 10-year median of 8.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Net Lease stock overvalued right now?
Based on GuruFocus' analysis, Global Net Lease (GNL) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.48, compared to a current price of $8.84 — trading 36.4% above its estimated fair value. The current Debt-to-EBITDA is 6.99, which is 18% below median its 10-year median of 8.48 and 6.7% above the REITs industry median of 6.55. Global Net Lease's overall GF Score™ is 66/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Global Net Lease (GNL), the current Debt-to-EBITDA is 6.99 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Global Net Lease (GNL) Overvalued in 2026?
Based on GuruFocus' analysis, Global Net Lease stock appears to be overvalued.
The current stock price of $8.84 is trading 36.4% above its estimated GF Value™ of $6.48.
GuruFocus considers Global Net Lease to be Significantly Overvalued.
Key valuation signals for GNL:
Debt-to-EBITDA: 6.99 (18% below median its 10-year median of 8.48)
GF Value™: $6.48 vs. price of $8.84 (36.4% above fair value)
Industry Position: 6.7% above the REITs median (#309 of 574)
No single metric tells the full story. See the GNL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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, operation, lease, acquisition, investment, and sale of the portfolio assets. Its segments include Industrial & Distribution, Retail, and Office. The company derives maximum revenue from the Industrial and Distribution segment. The company geographically operates in the United States, the United Kingdom, Canada, and Europe.
66GF Score
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