$1.68B Market Cap.
GNL Market Cap. (MRY)
GNL Shares Outstanding (MRY)
GNL Assets (MRY)
Total Assets
$6.96B
Total Liabilities
$4.77B
Total Investments
$0
GNL Income (MRY)
Revenue
$805.01M
Net Income
-$131.57M
Operating Expense
$456.03M
GNL Cash Flow (MRY)
CF Operations
$299.47M
CF Investing
$759.90M
CF Financing
-$995.36M
GNL Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $1.18 | 16.20% | -24.13% | -155.13% | -0.64 |
2023 | $1.55 | 15.60% | -2.88% | -90.88% | -1.10 |
2022 | $1.60 | 12.70% | 0.00% | -1777.78% | -0.06 |
2021 | $1.60 | 10.50% | -7.67% | -800.00% | -0.13 |
2020 | $1.73 | 10.10% | - | -1925.56% | -0.05 |
GNL Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $6,955,764,000 (-14.12%) | $8,098,977,000 (104.43%) | $3,961,826,000 (-5.29%) | $4,182,956,000 (5.44%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $51,370,000 (9.35%) | $46,976,000 (119.90%) | $21,362,000 (-3.16%) | $22,060,000 (-4.46%) |
Shareholders Equity | $2,186,958,000 (-17.09%) | $2,637,752,000 (83.30%) | $1,439,021,000 (-11.21%) | $1,620,720,000 (5.76%) |
Property Plant & Equipment Net | $6,437,572,000 (-15.84%) | $7,649,328,000 (109.89%) | $3,644,436,000 (-7.35%) | $3,933,513,000 (6.25%) |
Cash & Equivalents | $224,208,000 (38.06%) | $162,399,000 (55.49%) | $104,445,000 (11.93%) | $93,311,000 (-25.76%) |
Accumulated Other Comprehensive Income | -$25,844,000 (-83.34%) | -$14,096,000 (-1328.95%) | $1,147,000 (-92.62%) | $15,546,000 (92.57%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $0 (0%) | $0 (0%) | $464,000 (0%) | $0 (0%) |
Trade & Non-Trade Payables | $75,735,000 (-23.51%) | $99,014,000 (311.32%) | $24,072,000 (-10.11%) | $26,780,000 (-11.65%) |
Accumulated Retained Earnings (Deficit) | -$2,150,342,000 (-26.33%) | -$1,702,143,000 (-36.41%) | -$1,247,781,000 (-16.35%) | -$1,072,462,000 (-19.62%) |
Tax Assets | $4,866,000 (1.21%) | $4,808,000 (31.83%) | $3,647,000 (145.09%) | $1,488,000 (-37.14%) |
Tax Liabilities | $5,477,000 (-8.85%) | $6,009,000 (-17.28%) | $7,264,000 (-11.99%) | $8,254,000 (-32.10%) |
Total Debt | $4,566,432,000 (-12.12%) | $5,196,464,000 (114.90%) | $2,418,048,000 (-1.29%) | $2,449,541,000 (6.94%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $4,768,806,000 (-12.66%) | $5,459,828,000 (117.70%) | $2,507,907,000 (-1.89%) | $2,556,321,000 (5.95%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
GNL Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $805,010,000 (56.29%) | $515,070,000 (35.95%) | $378,857,000 (-3.16%) | $391,228,000 (18.52%) |
Cost of Revenue | $142,497,000 (48.25%) | $96,122,000 (31.68%) | $72,999,000 (1.68%) | $71,794,000 (5.31%) |
Selling General & Administrative Expense | $57,734,000 (43.66%) | $40,187,000 (126.57%) | $17,737,000 (2.94%) | $17,231,000 (29.91%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $456,029,000 (5.40%) | $432,658,000 (110.73%) | $205,315,000 (-1.06%) | $207,521,000 (27.56%) |
Interest Expense | $326,932,000 (82.23%) | $179,411,000 (83.99%) | $97,510,000 (3.35%) | $94,345,000 (31.39%) |
Income Tax Expense | $4,445,000 (-69.29%) | $14,475,000 (31.21%) | $11,032,000 (-9.22%) | $12,152,000 (144.56%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$131,572,000 (37.91%) | -$211,910,000 (-1862.54%) | $12,023,000 (5.78%) | $11,366,000 (5.46%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$131,572,000 (37.91%) | -$211,910,000 (-1862.54%) | $12,023,000 (5.78%) | $11,366,000 (5.46%) |
Preferred Dividends Income Statement Impact | $43,744,000 (59.43%) | $27,438,000 (34.59%) | $20,386,000 (1.60%) | $20,064,000 (8.14%) |
Net Income Common Stock | -$175,316,000 (26.75%) | -$239,348,000 (-2761.99%) | -$8,363,000 (3.85%) | -$8,698,000 (-11.87%) |
Weighted Average Shares | $230,440,385 (61.62%) | $142,584,332 (37.51%) | $103,686,395 (5.50%) | $98,283,892 (9.85%) |
Weighted Average Shares Diluted | $230,440,385 (61.62%) | $142,584,332 (37.51%) | $103,686,395 (5.50%) | $98,283,892 (9.85%) |
Earning Before Interest & Taxes (EBIT) | $199,805,000 (1208.55%) | -$18,024,000 (-114.95%) | $120,565,000 (2.29%) | $117,863,000 (34.62%) |
Gross Profit | $662,513,000 (58.14%) | $418,948,000 (36.97%) | $305,858,000 (-4.25%) | $319,434,000 (21.95%) |
Operating Income | $206,484,000 (1606.08%) | -$13,710,000 (-113.64%) | $100,543,000 (-10.16%) | $111,913,000 (12.77%) |
GNL Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $759,901,000 (237.69%) | -$551,899,000 (-3237.36%) | -$16,537,000 (96.21%) | -$436,570,000 (7.22%) |
Net Cash Flow from Financing | -$995,356,000 (-312.23%) | $469,009,000 (413.21%) | -$149,742,000 (-168.59%) | $218,323,000 (55.19%) |
Net Cash Flow from Operations | $299,470,000 (108.34%) | $143,743,000 (-20.94%) | $181,820,000 (-5.54%) | $192,493,000 (8.84%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $64,015,000 (5.20%) | $60,853,000 (291.56%) | $15,541,000 (160.34%) | -$25,754,000 (83.17%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | -$451,384,000 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | $757,784,000 (853.90%) | -$100,515,000 (-507.82%) | -$16,537,000 (96.21%) | -$436,570,000 (7.22%) |
Issuance (Repayment) of Debt Securities | -$678,002,000 (-195.93%) | $706,765,000 (2050.38%) | $32,867,000 (-81.28%) | $175,605,000 (-42.22%) |
Issuance (Purchase) of Equity Shares | -$1,038,000 (21.72%) | -$1,326,000 (-737.50%) | $208,000 (-99.90%) | $213,888,000 (62096.52%) |
Payment of Dividends & Other Cash Distributions | -$272,435,000 (-31.61%) | -$206,994,000 (-24.07%) | -$166,837,000 (-6.80%) | -$156,218,000 (-0.75%) |
Effect of Exchange Rate Changes on Cash | -$2,206,000 (23.90%) | -$2,899,000 (34.22%) | -$4,407,000 (33.51%) | -$6,628,000 (-250.57%) |
Share Based Compensation | $8,931,000 (-48.37%) | $17,297,000 (43.28%) | $12,072,000 (9.43%) | $11,032,000 (9.61%) |
Depreciation Amortization & Accretion | $351,116,000 (57.34%) | $223,157,000 (44.09%) | $154,870,000 (-5.58%) | $164,020,000 (17.66%) |
GNL Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 82.30% (1.23%) | 81.30% (0.74%) | 80.70% (-1.10%) | 81.60% (2.90%) |
Profit Margin | -21.80% (53.12%) | -46.50% (-2013.64%) | -2.20% (0.00%) | -2.20% (8.33%) |
EBITDA Margin | 68.40% (71.86%) | 39.80% (-45.25%) | 72.70% (0.83%) | 72.10% (4.80%) |
Return on Average Equity (ROAE) | -7.50% (35.90%) | -11.70% (-1850.00%) | -0.60% (-20.00%) | -0.50% (0.00%) |
Return on Average Assets (ROAA) | -2.30% (41.03%) | -3.90% (-1850.00%) | -0.20% (0.00%) | -0.20% (0.00%) |
Return on Sales (ROS) | 24.80% (808.57%) | -3.50% (-111.01%) | 31.80% (5.65%) | 30.10% (13.58%) |
Return on Invested Capital (ROIC) | 1.70% (950.00%) | -0.20% (-110.53%) | 1.90% (0.00%) | 1.90% (26.67%) |
Dividend Yield | 16.20% (3.85%) | 15.60% (22.83%) | 12.70% (20.95%) | 10.50% (3.96%) |
Price to Earnings Ratio (P/E) | -9.61 (-65.06%) | -5.82 (95.83%) | -139.67 (-82.81%) | -76.4 (59.88%) |
Price to Sales Ratio (P/S) | 2.09 (-24.11%) | 2.75 (-19.94%) | 3.44 (-10.39%) | 3.84 (-17.37%) |
Price to Book Ratio (P/B) | 0.77 (-11.39%) | 0.87 (-4.19%) | 0.91 (-7.16%) | 0.98 (-2.40%) |
Debt to Equity Ratio (D/E) | 2.18 (5.36%) | 2.07 (18.76%) | 1.74 (10.53%) | 1.58 (0.19%) |
Earnings Per Share (EPS) | -0.76 (55.56%) | -1.71 (-1800.00%) | -0.09 (55.00%) | -0.2 (-122.22%) |
Sales Per Share (SPS) | 3.49 (-3.29%) | 3.61 (-1.15%) | 3.65 (-8.21%) | 3.98 (7.92%) |
Free Cash Flow Per Share (FCFPS) | 4.59 (1414.19%) | 0.3 (-80.99%) | 1.59 (164.20%) | -2.48 (24.34%) |
Book Value Per Share (BVPS) | 9.49 (-48.70%) | 18.5 (33.29%) | 13.88 (-15.83%) | 16.49 (-3.72%) |
Tangible Assets Book Value Per Share (TABVPS) | 29.96 (-46.94%) | 56.47 (48.59%) | 38 (-10.23%) | 42.34 (-3.96%) |
Enterprise Value Over EBIT (EV/EBIT) | 32 (107.98%) | -401 (-1482.76%) | 29 (-9.38%) | 32 (-15.79%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 11.46 (-67.47%) | 35.22 (173.51%) | 12.88 (-4.66%) | 13.51 (-8.68%) |
Asset Turnover | 0.11 (27.06%) | 0.09 (-9.57%) | 0.09 (0.00%) | 0.09 (9.30%) |
Current Ratio | - | - | - | - |
Dividends | $1.18 (-24.13%) | $1.55 (-2.88%) | $1.6 (0.00%) | $1.6 (-7.67%) |
Free Cash Flow (FCF) | $1,057,254,000 (2345.76%) | $43,228,000 (-73.85%) | $165,283,000 (167.72%) | -$244,077,000 (16.89%) |
Enterprise Value (EV) | $6,311,278,834 (-12.64%) | $7,224,242,199 (103.71%) | $3,546,375,725 (-6.84%) | $3,806,744,368 (13.43%) |
Earnings Before Tax (EBT) | -$127,127,000 (35.61%) | -$197,435,000 (-956.37%) | $23,055,000 (-1.97%) | $23,518,000 (49.35%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $550,921,000 (168.57%) | $205,133,000 (-25.52%) | $275,435,000 (-2.29%) | $281,883,000 (24.20%) |
Invested Capital | $11,246,618,000 (-14.06%) | $13,086,066,000 (109.24%) | $6,254,067,000 (-4.04%) | $6,517,126,000 (6.68%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $6,904,394,000 (-14.25%) | $8,052,001,000 (104.34%) | $3,940,464,000 (-5.30%) | $4,160,896,000 (5.50%) |
Market Capitalization | $1,683,622,834 (-26.54%) | $2,291,871,199 (75.66%) | $1,304,707,725 (-17.58%) | $1,583,073,368 (3.22%) |
Average Equity | $2,351,350,000 (15.26%) | $2,039,984,500 (35.65%) | $1,503,907,500 (-8.29%) | $1,639,935,000 (3.71%) |
Average Assets | $7,468,285,750 (22.80%) | $6,081,765,500 (50.87%) | $4,031,167,500 (-3.28%) | $4,167,720,750 (8.25%) |
Invested Capital Average | $12,103,621,250 (24.14%) | $9,750,168,500 (54.66%) | $6,304,408,750 (-0.94%) | $6,364,047,750 (11.82%) |
Shares | 230,633,265 (0.13%) | 230,338,814 (121.92%) | 103,795,364 (0.18%) | 103,604,278 (15.78%) |
