Global Net Lease Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 21, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	2,030	1,858	1,687	2,297	1,309	1,588
Market Cap Growth	12.79%	10.14%	-26.58%	75.49%	-17.54%	3.36%
Enterprise Value	4,410	4,236	5,632	7,374	3,639	3,954
Last Close Price	9.55	8.60	7.30	9.95	12.57	15.28
PE Ratio	-	-7.11	-9.61	-5.82	-139.67	-76.40
PS Ratio	4.10	3.75	2.96	5.15	3.46	4.06
PB Ratio	1.25	1.12	0.77	0.87	0.91	0.98
P/TBV Ratio	1.28	1.15	0.77	0.54	0.91	0.93
P/FCF Ratio	-	9.81	6.64	-61.01	11.10	-5.42
P/OCF Ratio	9.11	8.34	5.63	15.98	7.20	8.25
EV/Sales Ratio	8.90	8.55	9.88	16.54	9.60	10.11
EV/EBITDA Ratio	11.78	17.86	11.71	35.34	14.31	14.45
EV/EBIT Ratio	24.37	259.96	42.99	-541.36	36.31	35.80
EV/FCF Ratio	-	22.37	22.19	-195.83	30.84	-13.50
Debt / Equity Ratio	1.54	1.54	1.88	1.97	1.66	1.51
Debt / EBITDA Ratio	10.78	10.78	8.54	24.91	9.51	8.96
Debt / FCF Ratio	13.51	13.51	16.17	-138.01	20.50	-8.36
Net Debt / Equity Ratio	1.43	1.43	1.80	1.92	1.61	1.46
Net Debt / EBITDA Ratio	10.02	10.02	8.20	24.32	9.10	8.63
Net Debt / FCF Ratio	12.56	12.56	15.54	-134.78	19.62	-8.06
Asset Turnover	0.09	0.09	0.08	0.07	0.09	0.10
Quick Ratio	0.69	0.69	0.17	0.11	0.24	0.56
Current Ratio	0.99	0.99	0.26	0.20	0.33	0.75
Return on Equity (ROE)	-11.71%	-11.71%	-5.45%	-10.35%	0.78%	0.71%
Return on Assets (ROA)	0.23%	0.23%	1.64%	-0.21%	3.64%	4.11%
Return on Invested Capital (ROIC)	0.24%	0.24%	1.69%	-0.21%	3.75%	4.25%
Return on Capital Employed (ROCE)	0.35%	0.35%	2.24%	-0.29%	2.81%	2.87%
Earnings Yield	-13.35%	-14.07%	-10.41%	-17.19%	-0.72%	-1.31%
FCF Yield	-	10.20%	15.05%	-1.64%	9.01%	-18.44%
Dividend Yield	7.96%	10.00%	16.20%	14.59%	12.80%	10.40%
Payout Ratio	-	-71.35%	-155.40%	-86.48%	-1994.94%	-1796.02%
Buyback Yield / Dilution	3.12%	3.12%	-61.62%	-37.52%	-5.50%	-9.85%
Total Shareholder Return	11.08%	13.12%	-45.42%	-22.92%	7.30%	0.56%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q