XRN, GMRE, GMRE-PA, GMRE-PB, XRN-PA, XRN-PB · CIK 0001533615 · operating
Based in Bethesda, Maryland, this real estate investment trust (REIT) specializes in acquiring and managing healthcare facilities across the United States. The company operates on a net-lease model, purchasing medical office buildings, surgical centers, and other healthcare properties and then leasing them to physician groups, regional health systems, and national healthcare operators. Tenants are responsible for property maintenance, taxes, and insurance under net-lease arrangements, generating stable, long-term lease revenue for the REIT.
The company's primary revenue stream derives from lease payments on its healthcare real estate portfolio. By focusing on medical facilities rather than other property types, the REIT targets essential healthcare infrastructure with relatively stable tenant demand. The company maintains a lean operational footprint with 26 full-time employees, reflecting the asset-light nature of the net-lease REIT business model where tenants handle day-to-day property management.
With approximately $1.0 billion in market capitalization, Global Medical REIT operates at a smaller scale relative to larger, diversified healthcare REITs. The company's portfolio extends across multiple states, capturing geographic diversification while maintaining focus on the healthcare facilities segment within the broader real estate market.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $0.01 | $0.01 | -95.7% | |
| 2023 | $0.23 | $0.23 | +15.0% | |
| 2022 | $0.20 | $0.20 | +5.3% | |
| 2021 | $0.19 | $0.19 | — | |
| 2020 | — | — | — | |
| 2019 | — | — | — | |
| 2018 | — | — | — | |
| 2017 | — | — | — | |
| 2016 | — | — | — | |
| 2015 | — | — | — | |
| 2014 | — | — | — | |
| 2013 | — | — | — | |
| 2012 | — | — | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2024-12-31 | 2025-02-28 | 0001558370-25-001938 | SEC ↗ |
| 2023-12-31 | 2024-02-28 | 0001558370-24-002000 | SEC ↗ |
| 2022-12-31 | 2023-03-01 | 0001558370-23-002515 | SEC ↗ |
| 2021-12-31 | 2022-03-01 | 0001558370-22-002518 | SEC ↗ |
| 2020-12-31 | 2021-03-08 | 0001558370-21-002560 | SEC ↗ |
| 2019-12-31 | 2020-03-09 | 0001104659-20-030832 | SEC ↗ |
| 2018-12-31 | 2019-03-11 | 0001144204-19-013170 | SEC ↗ |
| 2017-12-31 | 2018-03-12 | 0001144204-18-014101 | SEC ↗ |
| 2016-12-31 | 2017-03-27 | 0001144204-17-016702 | SEC ↗ |
| 2015-12-31 | 2016-03-21 | 0001078782-16-002445 | SEC ↗ |
| 2014-08-31 | 2014-12-16 | 0001078782-14-002308 | SEC ↗ |
| 2013-08-31 | 2013-11-29 | 0001078782-13-002376 | SEC ↗ |
| 2012-08-31 | 2012-11-29 | 0001078782-12-003029 | SEC ↗ |