Global Net Lease (Global Net Lease) ROCE % : 2.57% (As of Dec. 2023)

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What is Global Net Lease ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Global Net Lease's annualized ROCE % for the quarter that ended in Dec. 2023 was 2.57%.

Global Net Lease ROCE % Historical Data

The historical data trend for Global Net Lease's ROCE % 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.

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Global Net Lease ROCE % Chart

Global Net Lease Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.62

2.41

3.06

3.38

-0.38

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
ROCE %	Get a 7-Day Free Trial															1.90	3.58	0.65	-7.94	2.57

Global Net Lease ROCE % Calculation

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

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-18.024	/	( ( (3961.826 - 727.685)	+	(8098.977 - 1900.582) )	/ 2 )
	=	-18.024	/	( (3234.141	+	6198.395)	/ 2 )
	=	-18.024	/	4716.268
	=	-0.38 %

Global Net Lease's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	161.824	/	( ( (8184.713 - 1785.989)	+	(8098.977 - 1900.582) )	/ 2 )
	=	161.824	/	( ( 6398.724	+	6198.395 )	/ 2 )
	=	161.824	/	6298.5595
	=	2.57 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Global Net Lease (NYSE:GNL) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Global Net Lease ROCE % Related Terms

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Global Net Lease (Global Net Lease) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Global Net Lease Inc (NYSE:GNL) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GNLpB.PFD:USA GNLpA.PFD:USA 2N8:Germany 2N8:Germany

Address

650 Fifth Avenue, 30th Floor, New York, NY, USA, 10019

Website

http://www.globalnetlease.com

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