Is it safe?
Can GNL take a bad year?
Global Net Lease, Inc. carries $1.10B of net debt at 3.17× EBITDA: a load its earnings can carry.
$1.10B
Net debt · as at Q1 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.17×
Net debt / EBITDA · 5.10× a year ago · the load is coming down
- Interest cover
- 0.94×
Interest cover · operating profit barely covers the interest bill
- Annualised volatility
- 25%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ1 2026
- $1.22B
- Cash and short-term investments
- $125M
- Net debt
- $1.10B
- EBITDA, trailing twelve months
- $346M
- Operating profit, trailing twelve months
- $170M
- Debt / equity
- 0.78×
- Total debt / EBITDA
- 3.53×
- Annualised volatilitytwo years of daily moves
- 25%
- Worst drawdown on file
- −58%
- Below its 52-week high
- −6.4%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.