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Wednesday 4 November 2026 Export BNL’s income statement to Excel — free account

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%
Market cap
$3.5B
P/E
23.4×
Fwd P/E
23.4×
Dividend yield
6.50%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Broadstone Net Lease, Inc. (BNL) EV/EBITDA

Alert me on EV/EBITDA

As of 3 November 2026, Broadstone Net Lease, Inc. (BNL) trades at a EV/EBITDA of 12.6×. Over the past ten years it has ranged from 0.0× (December 2020) to 17.2× (November 2021); the current reading is higher than 46% of that period. That is in line with the Reit Diversified industry median of 12.3× and below the Real Estate sector median of 15.5×.

EV/EBITDA, daily

Embed this chart

Annual newest first

Period EV/EBITDA Change
FY2025 13.3× 7.46%
FY2024 12.4× 2.47%
FY2023 12.1× 9.26%
FY2022 11.0× (29.82%)
FY2021 15.7× 9.23%
FY2020 14.4× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 12.9× (4.82%)
Jun 2026 13.6× 6.55%
Mar 2026 12.7× (4.21%)
Dec 2025 13.3× (3.14%)
24 more quarters

Against its own ten years

Low 0.0× High 17.2×
Ten-year median 13.0×
Current reading's percentile 46

EV/EBITDA against peers

Company EV/EBITDA
SAFE Safehold Inc. compare 5.2×
GNL Global Net Lease, Inc. compare 6.7×
AHRT AH Realty Trust Inc compare 9.3×
CTO CTO Realty Growth, Inc. compare 11.3×
AAT American Assets Trust, Inc. compare 12.3×
BNL Broadstone Net Lease, Inc. 12.6×
JBGS JBG SMITH Properties compare 16.0×
ESRT Empire State Realty Trust, Inc. compare 16.7×
WPC W.P. Carey Inc. compare 17.5×
Reit Diversified industry median 12.3×
Real Estate sector median 15.5×
Market median 11.2×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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