BNL
Broadstone Net Lease, Inc.
$21.09
-0.04
(-0.19%)
Mkt Cap
4.04B
Volume
1,205,225
52W Range
17.155-23.1
Sector
Real Estate
Beta
0.95
EPS (TTM)
0.76 USD
P/E Ratio
27.75
Revenue (TTM)
478.04M USD
Rev Growth (5Y)
+7.2%
EPS Growth (5Y)
+3.0%
AlphaVal · Fair Value
What we estimate one share is worth
$22.28
Fair Value
weak signal
5.3% below fair value
Modeled from cash flows & growth.
AlphaQuality · Grade
How strong & durable the business is
C+
Real Estate Investment Trust
60.5 / 100 composite
A real-estate investment trust — graded A–F vs. similar companies.
Company Description
Broadstone Net Lease, Inc. (BNL) operates as a self-managed Real Estate Investment Trust. Its strategy focuses on acquiring, owning, and overseeing primarily single-tenant commercial properties that are subject to long-term net leases with a varied tenant base. The company's investment approach is anchored by robust fundamental credit evaluations and judicious real estate underwriting. As of September 30, 2020, BNL's diverse portfolio comprised 627 properties. Geographically, these holdings span 41 U.S. states and one location in Canada, encompassing sectors such as industrial, healthcare, restaurant, office, and retail, with a cumulative gross asset value of approximately $4.0 billion.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 459.14M | 438.77M | 448.09M | 408.94M | 383.22M | 323.71M | 298.81M | 237.48M | 181.56M | 142.87M | 98.09M | 68.15M |
| Net Income | 102.91M | 156.24M | 157.16M | 116.42M | 102.49M | 51.18M | 79.39M | 69.38M | 54.80M | 36.35M | 19.29M | 15.78M |
| EPS | 0.51 | 0.86 | 0.87 | 0.72 | 0.67 | 0.44 | 0.56 | 0.45 | 0.41 | 0.26 | 0.54 | 0.65 |
| Free Cash Flow | 269.79M | 259.46M | 224.82M | 224.54M | 243.34M | 168.22M | 142.31M | 123.05M | 91.33M | 65.25M | 28.06M | 32.56M |
| FCF / Share | 1.43 | 1.38 | 1.20 | 1.32 | 1.59 | 1.44 | 0.93 | 0.80 | 0.68 | 0.46 | 0.78 | 1.33 |
| Operating CF | 299.50M | 276.25M | 271.07M | 255.91M | 244.94M | 179.03M | 147.36M | 128.01M | 97.94M | 67.19M | 38.62M | 32.77M |
| Total Assets | 5.72B | 5.22B | 5.27B | 5.46B | 4.62B | 4.26B | 3.92B | 3.10B | 2.58B | 1.95B | 1.46B | N/A |
| Total Debt | 2.62B | 1.91B | 1.91B | 2.02B | 1.69B | 1.62B | 2.07B | 1.45B | 1.18B | 866.58M | 691.24M | N/A |
| Cash & Equiv | 30.54M | 14.85M | 19.49M | 21.79M | 21.67M | 100.49M | 12.46M | 18.61M | 9.36M | 21.64M | 27.14M | N/A |
| Book Value | 2.90B | 3.00B | 3.05B | 3.09B | 2.58B | 2.30B | 1.67B | 1.42B | 1.19B | 911.79M | 670.16M | N/A |
| Return on Equity | 0.04 | 0.05 | 0.05 | 0.04 | 0.04 | 0.02 | 0.05 | 0.05 | 0.05 | 0.04 | 0.03 | N/A |
| Metric | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 122.31M | 121.40M | 119.40M | 114.93M | 113.04M | 111.78M | 112.89M | 109.83M | 106.94M | 109.12M | 109.88M | 109.64M |
| Net Income | 39.80M | 46.37M | 33.13M | 25.15M | 23.61M | 17.23M | 21.69M | 36.55M | 34.58M | 63.42M | 7.93M | 48.22M |
| EPS | 0.21 | 0.24 | 0.17 | 0.14 | 0.11 | 0.09 | 0.14 | 0.20 | 0.19 | 0.35 | 0.03 | 0.27 |
| Free Cash Flow | 59.53M | 74.73M | 77.98M | 58.02M | 76.67M | 57.11M | 57.47M | 60.26M | 74.00M | 67.73M | 43.78M | 68.03M |
| FCF / Share | 0.31 | 0.39 | 0.41 | 0.31 | 0.41 | 0.30 | 0.31 | 0.32 | 0.39 | 0.36 | 0.23 | 0.36 |
| Operating CF | 58.17M | 76.09M | 84.57M | 64.19M | 79.28M | 71.46M | 63.91M | 67.30M | 74.17M | 70.87M | 60.58M | 73.89M |
| Total Assets | 5.87B | 5.85B | 5.72B | 5.52B | 5.33B | 5.24B | 5.22B | 5.26B | 5.26B | 5.27B | 5.27B | 5.34B |
| Total Debt | 2.73B | 2.68B | 2.62B | 2.38B | 2.16B | 2.04B | 1.91B | 2.00B | 1.95B | 1.95B | 1.91B | 1.95B |
| Cash & Equiv | 11.10M | 20.31M | 30.54M | 81.97M | 20.78M | 9.61M | 14.85M | 9.00M | 18.28M | 221.74M | 19.49M | 35.06M |
| Book Value | 2.88B | 2.89B | 2.90B | 2.88B | 2.91B | 2.95B | 3.00B | 3.00B | 3.05B | 3.07B | 3.05B | 3.12B |
| Return on Equity | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.00 | 0.02 |
BNL News
Broadstone Net Lease Adds $23 Million to its Committed Pipeline of Build-to-Suit Developments
Deutsche Bank AG Buys New Stake in Broadstone Net Lease, Inc. $BNL
Comparing Broadstone Net Lease (NYSE:BNL) & United Development Funding IV (OTCMKTS:UDFI)
Broadstone Net Lease, Inc. Announces Pricing of Public Offering of Common Stock
Broadstone Net Lease, Inc. Announces Public Offering of Common Stock
Broadstone Net Lease, Inc. (BNL) Q2 2026 Earnings Call Transcript
Broadstone Net Lease, Inc. (BNL) Q2 FFO Top Estimates
Broadstone Net Lease Announces Second Quarter 2026 Results
5 Strong Dividend Stocks You Can Buy Right Now
3 Solid Buys In High-Yield Net Lease REITs