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Broadstone Net Lease, Inc.

BNL

$18.91 ▼ -0.22 (-1.15%) at close

12 Visible periods

34 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Fair

Bullish

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Analytical Summary

Broadstone Net Lease, Inc. shows strong fundamentals with top-quartile Profit Margin (%). The company's metrics support a bullish outlook for growth-oriented investors.

Market Cap $3.6B

Dividend Yield 6.13%

Revenue Growth 5.2% ↗

Op. Margin None

ROIC None

FCF / Share None

Trailing P/E 37.1x

Price / Book 1.3x

FCF Yield —

Debt / Equity 0.87

info Valuation on last close. End-of-day price, Sep 23, 2026.

12-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$454.14M

↑ +5.2% —

Net Income Profit after all expenses

$96.50M

↓ -40.6% —

Operating Margin Operating profit as % of sales

46.8%

↑ +5.0% —

Long-Term Debt Long-term obligations

$2.52B

↑ +24.0% —

trending_up

Bullish Indicators

Profit Margin (%)Profit Margin (%) is in the top quartile

warning

Bearish Risks

No bearish risks detected.

Health Breakdown

Profitability ↓

Returns ↓

Financial Health ↓

Dividend History

Dividend / share · sourced from SEC filings

$1.16 Latest / share

+0.4% YoY

+23.4% 6-yr CAGR

FY 2014

$0.41

FY 2015

$0.41

FY 2016

$0.41

FY 2017

$0.43

FY 2018

FY 2019

FY 2020

FY 2021

FY 2022

FY 2023

$1.16

FY 2024

$1.16

FY 2025

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Feb 7, 2020 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗
Revenue Growth YoY (%)	5.2% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: At sector avg	-2.5% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-150%)	8.7% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+74%)	6.4% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+29%)	19.0% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+281%)	7.6% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+53%)	25.8% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+417%)	30.8% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+516%)	27.1% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+442%)	45.7% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+813%)	—	—
EPS Growth YoY (%)	-40.7% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	3.6% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	15.3% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	7.5% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	52.3% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	-47.0% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—	—	—
Net Income Growth YoY (%)	-40.6% Weak ↓ Weak Declining Year-over-year change in net income	4.5% Caution ↓ Caution Declining Year-over-year change in net income	27.3% Excellent → Excellent Stable Year-over-year change in net income	19.2% Good ↓ Good Declining Year-over-year change in net income	100.1% Excellent ↑ Excellent Improving Year-over-year change in net income	-35.5% Weak ↓ Weak Declining Year-over-year change in net income	14.4% Fair ↓ Fair Declining Year-over-year change in net income	26.6% Excellent ↓ Excellent Declining Year-over-year change in net income	50.7% Excellent Excellent Year-over-year change in net income	88.5% Excellent Excellent Year-over-year change in net income	—	—
FCF Growth YoY (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Revenue CAGR 3Y (%)	3.7% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	4.1% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	11.3% Good ↓ Good Declining Compound annual revenue growth over 3 years	10.9% Good ↓ Good Declining Compound annual revenue growth over 3 years	17.3% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	21.0% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	27.9% Excellent Excellent Compound annual revenue growth over 3 years	34.3% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	7.1% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	7.6% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	13.3% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	17.6% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	21.8% Excellent Excellent Compound annual revenue growth over 5 years	26.8% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	-10.9% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	8.7% Fair ↓ Fair Declining Compound annual EPS growth over 3 years	23.6% Excellent Excellent Compound annual EPS growth over 3 years	-4.6% Weak Weak Compound annual EPS growth over 3 years	—	—	—	—	—	—	—	—

💰 Are margins durable? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Feb 7, 2020 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗
Operating Margin (%) (%)	—	—	—	—	—	—	—	—	46.8% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+56%)	44.5% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+48%)	43.2% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+44%)	—
Profit Margin (%) (%)	21.2% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-15%)	37.6% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+50%)	35.1% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+40%)	30.0% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+20%)	26.8% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+7%)	15.9% Good ↓ Good Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-36%)	26.6% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+6%)	29.2% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+17%)	30.2% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+21%)	25.4% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	19.7% Good Good Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-21%)	—
FCF Margin (%) (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF / Net Income (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Feb 7, 2020 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗
Return on Invested Capital (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Capital (%) (%)	—	—	—	—	—	—	—	—	3.3% Weak Weak Operating profit relative to total assets Optimal: > 10%	3.3% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	3.3% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-58%)	5.4% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-32%)	5.1% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-36%)	3.9% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-51%)	4.0% Weak → Weak Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-50%)	2.2% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-72%)	4.8% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-40%)	4.9% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-39%)	4.6% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-42%)	4.0% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-50%)	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Feb 7, 2020 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗
Debt to Equity (x)	0.87x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-13%)	—	—	0.66x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-34%)	0.66x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-34%)	—	—	1.02x Caution Caution Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: At sector avg	1.00x Fair Fair Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: At sector avg	—	—	—
Interest Coverage (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Debt (USD)	$2.49B	$-14.85M	$-19.49M	$2.01B	$1.68B	$-100.49M	$-12.46M	$1.43B	$1.17B	$-21.64M	$-27.05M	$-4.13M
Debt / EBITDA (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

📊 What does each share earn? 8 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Feb 7, 2020 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗
Revenue per Share (USD)	$2.41	$2.30	$2.37	$2.40	$2.50	$2.75	$3.12	$11.73	$10.63	$10.84	$10.91	—
Basic EPS, GAAP (USD)	$0.51	$0.86	$0.83	$0.72	$0.67	$0.44	$0.83	—	—	—	—	—
Free Cash Flow per Share (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividend per Share (USD)	$1.16	$1.16	—	—	—	—	—	$0.43	$0.41	$0.41	$0.41	—
Book Value per Share (USD)	$15.16	$15.92	$16.25	$19.05	$15.87	$85.33	$16.03	$64.37	$62.77	$60.15	—	—
Tangible Book Value per Share (USD)	$13.39	$14.12	$14.44	$16.95	$13.78	$72.72	$12.77	$64.37	$62.77	$60.15	—	—
Basic Weighted Avg Shares (shares)	188.12M	187.45M	186.62M	169.84M	153.06M	117.15M	95.92M	20.24M	17.08M	13.18M	8.99M	—
Dividend Payout Ratio (%)	227.5% Weak Weak Dividends paid as a percentage of earnings Optimal: 30-60%	134.3% Weak Weak Dividends paid as a percentage of earnings Optimal: 30-60%	—	—	—	—	—	—	—	—	—	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Feb 7, 2020 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗
LT Debt (USD)	$2.52B	—	—	$2.03B	$1.70B	—	—	$1.45B	$1.18B	—	—	—
Total Equity (USD)	$2.90B	$3.00B	$3.05B	$3.09B	$2.58B	$2.30B	$1.67B	$1.42B	$1.19B	$911.79M	—	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Feb 7, 2020 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗
Sales/Revenue/Turnover (USD)	$454.14M	$431.80M	$442.89M	$407.51M	$382.88M	$321.64M	$298.81M	$237.48M	$181.56M	$142.87M	$98.09M	—
Depreciation Expense (USD)	$159.62M	$151.76M	$152.78M	$150.00M	$128.89M	$131.57M	$105.41M	$83.69M	$62.76M	$45.84M	$28.82M	—
Net Income, GAAP (USD)	$96.50M	$162.44M	$155.48M	$122.11M	$102.43M	$51.18M	$79.39M	$69.38M	$54.80M	$36.35M	$19.29M	—
Operating Cash Flow (USD)	$299.50M	$276.25M	$271.07M	$255.91M	$244.94M	$179.03M	$147.36M	$128.01M	—	—	—	—

🏛️ Sector-Specific 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Feb 7, 2020 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗
FFO (approx.) (USD)	$256.11M	$314.21M	$308.26M	$272.11M	$231.31M	$182.75M	$184.80M	$153.06M	$117.56M	$82.19M	$48.11M	—
FFO per Share (approx.) (USD)	$1.36	$1.68	$1.65	$1.60	$1.51	$1.56	$1.93	$7.56	$6.88	$6.24	$5.35	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced yesterday 12 years · 43 quarters

Broadstone Net Lease, Inc.

Analytical Summary

12-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

Dividend History

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