Global Net Lease, Inc. (GNL) vs Safehold Inc. (SAFE)
Global Net Lease, Inc. and Safehold Inc. are both Reit Diversified companies. Global Net Lease, Inc. is the larger, with a market value of $2.0B against $876.7M — 2.3× the size. Global Net Lease, Inc. has negative trailing earnings, so its P/E is not meaningful; Safehold Inc. trades at 7.6×. Safehold Inc. grew revenue faster over the last twelve months: 12.2% against −13.9%. Safehold Inc. has the higher net margin (27.7% vs −12.5%) and the higher return on invested capital (5.53% vs 4.14%). Both pay a dividend; Global Net Lease, Inc. yields more (19.0% vs 3.44%). Across the 20 metrics below, Safehold Inc. leads on 14 and Global Net Lease, Inc. on 6.
Valuation
Profitability
| Metric | GNL | SAFE | Reit Diversified median |
|---|---|---|---|
| Gross margin | 88.78% | 92.63% | 77.09% |
| Operating margin | 39.64% | 75.61% | 33.33% |
| Net margin | (12.46%) | 27.69% | 2.62% |
| Free cash flow margin | 43.76% | (33.27%) | 3.11% |
| Return on equity | (3.43%) | 4.61% | 3.13% |
| Return on assets | (1.27%) | 1.59% | 0.35% |
| Return on invested capital | 4.14% | 5.53% | 2.80% |
Growth
Health
Dividend
Size
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