Thursday 5 November 2026
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Broadstone Net Lease, Inc.
BNL Real Estate Reit Diversified
Broadstone Net Lease, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $454.1 million, up 5.17% from fiscal 2024.
- Revenue
- +6.74%
- EPS
- +5.36%
- Free cash flow
- −35.3%
- Total debt
- +35.9%
Quarter to September 2026, against a year earlier
18.02
0.04
+0.22%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
— | — | — | — | — | 7 | 5 | 8 | 6 | 6 |
P/E ratio |
10.72 | 10.72 | 10.72 | 10.72 | 42.48 | 37.61 | 22.49 | 21.14 | 18.23 | 34.06 |
P/S ratio |
0.00 | 0.00 | 0.00 | 0.00 | 8.76 | 9.92 | 6.75 | 7.39 | 6.89 | 7.20 |
P/FCF ratio |
4.42 | 4.42 | 4.42 | 4.42 | 15.74 | 0.00 | 0.00 | 11.09 | 13.72 | 0.00 |
P/Operating CF |
44.74 | 44.74 | 44.74 | 44.74 | 61.17 | 65.93 | 45.49 | 54.06 | 46.52 | 38.64 |
P/B ratio |
1.10 | 1.10 | 1.10 | 1.10 | 1.14 | 1.39 | 0.84 | 1.03 | 0.95 | 1.08 |
Price to Tangible BV |
1.10 | 1.10 | 1.10 | 1.10 | 1.32 | 1.58 | 0.94 | 1.15 | 1.06 | 1.21 |
EV/Sales |
0.00 | 0.00 | 0.00 | 0.00 | 11.44 | 12.34 | 9.25 | 9.46 | 9.14 | 10.34 |
EV/EBITDA |
0.00 | 0.00 | 0.00 | 0.00 | 14.40 | 15.72 | 11.04 | 12.06 | 12.35 | 13.28 |
EV/Operating CF |
4.92 | 4.92 | 4.92 | 4.92 | 20.55 | 19.28 | 14.73 | 15.46 | 14.29 | 15.67 |
EV/FCF |
4.40 | 4.40 | 4.40 | 4.40 | 20.55 | (13.98) | (6.24) | 14.19 | 18.22 | (12.53) |
Quick Ratio |
0.00 | 0.00 | 0.00 | 0.05 | 0.13 | 0.08 | 0.08 | 0.09 | 0.09 | 0.08 |
Current Ratio |
— | — | — | 0.05 | 0.13 | 0.08 | 0.08 | 0.09 | 0.09 | 0.08 |
Net Debt/EBITDA |
0.00 | 0.00 | (0.08) | 0.76 | 3.37 | 3.08 | 2.99 | 2.64 | 3.05 | 3.48 |
Debt/Assets |
46.82% | 48.82% | 0.00% | 5.04% | 22.57% | 20.48% | 19.09% | 17.76% | 18.98% | 22.04% |
Debt/Equity |
1.00 | 1.06 | 0.00 | 0.11 | 0.39 | 0.35 | 0.32 | 0.29 | 0.32 | 0.42 |
Asset Turnover |
0.08 | 0.08 | 0.18 | 0.09 | 0.08 | 0.09 | 0.08 | 0.08 | 0.08 | 0.08 |
Operating CF/Net income |
1.87 | 1.95 | 1.85 | 1.86 | 3.50 | 2.39 | 2.10 | 1.74 | 1.70 | 3.10 |
Capex/Depreciation |
— | — | (6.17) | (7.72) | (0.21) | (4.39) | (5.60) | 0.15 | (0.38) | (4.08) |
Interest Coverage |
0.00 | 0.00 | 2.07 | 1.86 | 1.58 | 2.62 | 2.39 | 2.39 | 2.21 | 2.00 |
| 4.54% | 4.78% | 5.33% | 4.97% | 2.40% | 3.92% | 4.07% | 4.82% | 5.13% | 3.13% | |
| 2.10% | 2.22% | 5.38% | 2.44% | 1.25% | 2.31% | 2.42% | 2.90% | 3.10% | 1.77% | |
ROIC |
0.00% | 0.00% | 0.00% | 4.30% | 2.26% | 2.86% | 2.74% | 2.90% | 2.49% | 2.76% |
Return on Tangible Assets |
0.00% | 0.00% | 0.00% | 5.18% | 2.55% | 4.63% | 4.73% | 5.99% | 6.36% | 3.93% |
Average Days of Receivables |
0.00 | 0.00 | 0.00 | 104.40 | 117.70 | 112.67 | 122.72 | 127.09 | 140.32 | 147.31 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
0.00% | 0.00% | 2.59% | 1.83% | 8.70% | 9.50% | 9.17% | 8.90% | 8.80% | 8.56% |
Intangible Assets out of Total Assets |
0.09 | 0.09 | 0.00 | 0.08 | 0.08 | 0.07 | 0.06 | 0.06 | 0.07 | 0.06 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.62% | 1.22% | 1.30% | 1.44% | 1.70% | 2.11% |
Graham Net Nets |
0.06 | 0.06 | 0.06 | 0.06 | (0.56) | (0.46) | (0.74) | (0.58) | (0.64) | (0.76) |
Graham Number |
0.00 | 0.00 | 0.00 | 0.00 | 13.37 | 16.31 | 17.64 | 17.88 | 18.11 | 13.60 |
Earnings Yield |
9.33% | 9.33% | 9.33% | 9.33% | 2.35% | 2.66% | 4.45% | 4.73% | 5.49% | 2.94% |
Free Cash Flow Yield |
22.64% | 22.64% | 22.64% | 22.64% | 6.35% | (8.89%) | (21.96%) | 9.02% | 7.29% | (11.46%) |
Revenue per Share |
0.00 | 10.39 | 2.93 | 3.12 | 2.75 | 2.50 | 2.40 | 2.37 | 2.30 | 2.41 |
Operating CF per Share |
0.00 | 5.73 | 1.58 | 1.54 | 1.53 | 1.60 | 1.51 | 1.45 | 1.47 | 1.59 |
Capex per Share |
— | 0.00 | (6.51) | (8.69) | (0.24) | (3.81) | (5.06) | 0.13 | (0.32) | (3.58) |
Free Cash Flow per Share |
0.00 | 5.73 | (4.93) | (7.15) | 1.28 | (2.21) | (3.56) | 1.58 | 1.16 | (1.99) |
Cash per Share |
0.00 | 0.59 | 0.23 | 0.13 | 0.86 | 0.14 | 0.13 | 0.10 | 0.08 | 0.16 |
Shareholders Equity per Share |
0.00 | 69.48 | 0.00 | 18.55 | 21.16 | 17.91 | 19.21 | 17.12 | 16.76 | 16.12 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
0.00 | 69.48 | 0.00 | 18.55 | 21.16 | 17.91 | 19.21 | 17.12 | 16.76 | 16.12 |
Free Cash Flow |
67.19 | 97.94 | (399.35) | (685.95) | 150.35 | (337.88) | (603.79) | 295.29 | 216.75 | (374.58) |
Working Capital |
— | — | — | (1,924.22) | (1,376.68) | (1,593.98) | (1,918.98) | (1,790.29) | (1,787.10) | (2,367.44) |
Capital Expenditures |
(1.94) | (6.61) | (527.36) | (833.31) | (28.67) | (582.82) | (859.71) | 24.21 | (59.50) | (674.08) |
Net Current Asset Value |
(954.00) | (1,295.00) | 0.00 | (2,040.91) | (1,575.19) | (1,737.66) | (2,036.30) | (1,900.69) | (1,894.15) | (2,469.98) |
EV/EBIT |
0.00 | 0.00 | 0.00 | 0.00 | 30.49 | 28.16 | 20.05 | 21.95 | 24.09 | 24.91 |
Capex to Sales |
0.00 | 0.00 | 2.22 | 2.79 | 0.09 | 1.52 | 2.11 | (0.05) | 0.14 | 1.48 |
Price to Operating Income |
0.00 | 0.00 | 0.00 | 0.00 | 23.35 | 22.65 | 14.62 | 17.15 | 18.14 | 17.34 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
— | — | 0.00 | 0.03 | 0.04 | 0.03 | 0.03 | 0.04 | 0.04 | 0.03 |
Cash ROIC |
3.63% | 3.99% | (1,815.22%) | (34.49%) | 4.25% | (9.11%) | (13.96%) | 7.12% | 5.23% | (8.66%) |
Accounts Receivable Turnover |
0.00 | 0.00 | 0.00 | 3.16 | 3.40 | 3.45 | 3.19 | 3.04 | 2.70 | 2.60 |
Accounts Payable Turnover |
0.00 | 0.00 | 99.06 | 2.52 | 0.58 | 0.50 | 0.51 | 0.47 | 0.51 | 0.42 |
Inventory Turnover |
— | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
0.00 | 0.00 | (7.91) | 295.88 | 613.97 | 752.15 | 797.07 | 768.51 | 722.64 | 954.66 |
Days of Inventory on Hand |
— | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
— | — | — | 94.59 | 94.59 | 110.95 | 127.60 | 145.61 | 160.10 | 174.64 |
Average Payables |
0.97 | 1.28 | 0.36 | 18.30 | 36.53 | 36.86 | 42.79 | 47.54 | 48.26 | 54.53 |
Average Assets |
1,708.00 | 2,265.50 | 1,289.50 | 3,248.43 | 4,088.17 | 4,438.57 | 5,038.13 | 5,363.17 | 5,242.58 | 5,466.84 |
Average Common Equity |
791.00 | 1,049.50 | 1,302.00 | 1,598.01 | 2,129.05 | 2,610.11 | 3,001.82 | 3,228.42 | 3,167.88 | 3,087.44 |
Columns are period end dates · fundamentals updated 2 Nov 2026