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
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Broadstone Net Lease, Inc. (BNL) Net margin
Broadstone Net Lease, Inc.'s net margin over the twelve months to 30 September 2026 was 30.3%, up 9.0 percentage points from fiscal 2025 (21.3%). Over the past ten years it has ranged from 15.9% (fiscal 2020) to 37.6% (fiscal 2024); the current reading is higher than 27% of that period. That is above the Reit Diversified industry median of 2.33% and above the Real Estate sector median of 4.84%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2025 | 21.3% | (16.37) |
| FY2024 | 37.6% | 2.51 |
| FY2023 | 35.1% | 5.14 |
| FY2022 | 30.0% | 3.22 |
| FY2021 | 26.8% | 10.84 |
| FY2020 | 15.9% | (10.66) |
| FY2019 | 26.6% | (2.64) |
| FY2018 | 29.2% | 0.92 |
| FY2017 | 28.3% | 3.18 |
| FY2016 | 25.1% | 6.03 |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Sep 2026 | 22.3% | (10.29) |
| Jun 2026 | 32.5% | (5.65) |
| Mar 2026 | 38.2% | 10.19 |
| Dec 2025 | 28.0% | 4.82 |
| 24 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| WPC W.P. Carey Inc. compare | 35.6% |
| BNL Broadstone Net Lease, Inc. | 30.3% |
| SAFE Safehold Inc. compare | 27.7% |
| CTO CTO Realty Growth, Inc. compare | 21.7% |
| AAT American Assets Trust, Inc. compare | 4.77% |
| ESRT Empire State Realty Trust, Inc. compare | 0.39% |
| GNL Global Net Lease, Inc. compare | −12.5% |
| AHRT AH Realty Trust Inc compare | −16.6% |
| JBGS JBG SMITH Properties compare | −29.9% |
| Reit Diversified industry median | 2.33% |
| Real Estate sector median | 4.84% |
| Market median | 1.22% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
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- Revenue
- Net income
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- Free cash flow
- Operating cash flow
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- Operating margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
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- Current ratio
- Total debt
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