Filing Flows › Comparisons › LTC vs GNL
LTC Properties vs Global Net Lease: LTC and GNL compared
LTC Properties is the larger company: $115M of revenue in its latest quarter (Q3 2026) against $113M for Global Net Lease (Q3 2026). LTC Properties is growing faster (+66% against -7% a year earlier). LTC Properties is more profitable, with an operating margin of 54.2% against -22.3%.
Where the money goes: LTC and GNL
LTC Properties (LTC) · Q3 2026
LTC Properties, Q3 2026: revenue $115M (+66% year over year), operating margin 54.2%, net earnings $348M, operating cash flow $41.3M. The chart follows the revenue to costs, profit and cash.
Global Net Lease (GNL) · Q3 2026
Global Net Lease, Q3 2026: revenue $113M (-7% year over year), operating margin -22.3%, net loss $56.9M, operating cash flow $48.3M. The chart follows the revenue to costs, profit and cash.
| LTC Properties (LTC) | Global Net Lease (GNL) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $115M | $113M |
| Revenue growth, Y/Y | +66% | -7% |
| Operating margin | 54.2% | -22.3% |
| Net earnings | $348M | −$56.9M |
| Net margin | 302.1% | -50.4% |
| Operating cash flow | $41.3M | $48.3M |
| Free cash flow | $36.6M | $46.0M |
Where the revenue comes from
Global Net Lease
- Industrial & Distribution: $53.8M (48%)
- Retail: $30.0M (27%)
- Office: $29.0M (26%)
Questions
Which is bigger, LTC Properties or Global Net Lease?
LTC Properties is the larger company: $115M of revenue in its latest quarter (Q3 2026) against $113M for Global Net Lease (Q3 2026).
Is LTC Properties or Global Net Lease growing faster?
LTC Properties is growing faster (+66% against -7% a year earlier).
Which is more profitable, LTC Properties or Global Net Lease?
LTC Properties is more profitable, with an operating margin of 54.2% against -22.3%.
More: LTC Properties earnings · how LTC Properties makes money · Global Net Lease earnings · how Global Net Lease makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 3, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.