Global Net Lease vs JBG Smith Properties
Global Net Lease and JBG Smith Properties are similar in size: $495m and $499m of revenue in their latest fiscal years. JBG Smith Properties grew faster (-8.9% against -13.1%). JBG Smith Properties kept more of each dollar of sales as profit: a net margin of -27.9% against -54.4%. Global Net Lease carries less debt relative to equity (76.0% against 220.0%).
| Latest fiscal year | Global Net LeaseGNL, 2025 | JBG Smith PropertiesJBGS, 2025 |
|---|---|---|
| Revenue | $495m | $499m |
| Revenue growth | -13.1% | -8.9% |
| Net income | −$269m | −$139m |
| Operating margin | 22.4% | — |
| Net margin | -54.4% | -27.9% |
| Return on equity | -14.0% | -9.4% |
| Free cash flow | $189m | — |
| Cash | $180m | $75.3m |
| Total debt | $1.26bn | $2.55bn |
| Debt to equity | 76.0% | 220.0% |
| Dividend per share | $0.84 | $0.70 |
| Dividend yield | 11.3% | 6.0% |
| Share buybacks | $120m | $444m |
| Employees | 56 | 596 |
| Market value | $1.45bn | $690m |
| Price vs our value range | — | — |
| Moat score | 56 (Moderate) | 32 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 5 sales |