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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) P/E ratio

Alert me on P/E ratio

As of 3 November 2026, Broadstone Net Lease, Inc. (BNL) trades at a P/E ratio of 23.4×. Over the past ten years it has ranged from 10.7× (September 2020) to 58.1× (September 2021); the current reading is higher than 39% of that period. That is in line with the Reit Diversified industry median of 22.8× and in line with the Real Estate sector median of 23.0×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 34.1× 86.83%
FY2024 18.2× (13.78%)
FY2023 21.1× (5.97%)
FY2022 22.5× (40.21%)
FY2021 37.6× (11.48%)
FY2020 42.5× 296.15%
FY2019 10.7× 0.00%
FY2018 10.7× 0.00%
FY2017 10.7× 0.00%
FY2016 10.7× 0.00%

Quarterly newest first

Period P/E ratio Change
Sep 2026 24.1× (11.37%)
Jun 2026 27.2× (1.75%)
Mar 2026 27.7× (18.72%)
Dec 2025 34.1× (8.52%)
24 more quarters

Against its own ten years

Low 10.7× High 58.1×
Ten-year median 26.2×
Current reading's percentile 39

P/E ratio against peers

Company P/E ratio
GNL Global Net Lease, Inc. compare n/m
AHRT AH Realty Trust Inc compare n/m
JBGS JBG SMITH Properties compare n/m
SAFE Safehold Inc. compare 6.9×
CTO CTO Realty Growth, Inc. compare 16.7×
WPC W.P. Carey Inc. compare 22.2×
BNL Broadstone Net Lease, Inc. 23.4×
AAT American Assets Trust, Inc. compare 56.3×
ESRT Empire State Realty Trust, Inc. compare 168×
Reit Diversified industry median 22.8×
Real Estate sector median 23.0×
Market median 18.3×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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