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. In the quarter to June 2026, revenue grew 8.25%, EPS grew 90.9%, free cash flow grew 126.1% and total debt rose 38.2%, each against the same quarter a year earlier. Dividend growth for five consecutive years, operating cash flow growth for ten; insiders bought in the last twelve months.
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Broadstone Net Lease, Inc. (BNL) P/E ratio
As of 9 October 2026, Broadstone Net Lease, Inc. (BNL) trades at a P/E ratio of 24.0×. Over the past ten years it has ranged from 10.7× (September 2020) to 58.1× (September 2021); the current reading is higher than 42% of that period. That is above the Reit Diversified industry median of 22.8× and above the Real Estate sector median of 21.5×.
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 |
|---|---|---|
| Jun 2026 | 27.2× | (1.75%) |
| Mar 2026 | 27.7× | (18.72%) |
| Dec 2025 | 34.1× | (8.52%) |
| Sep 2025 | 37.2× | 22.94% |
| 23 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| GNL Global Net Lease, Inc. compare | n/m |
| JBGS JBG SMITH Properties compare | n/m |
| SAFE Safehold Inc. compare | 7.4× |
| CTO CTO Realty Growth, Inc. compare | 15.1× |
| WPC W.P. Carey Inc. compare | 21.6× |
| BNL Broadstone Net Lease, Inc. | 24.0× |
| GOOD Gladstone Commercial Corporation compare | 48.7× |
| AAT American Assets Trust, Inc. compare | 74.2× |
| ESRT Empire State Realty Trust, Inc. compare | 154× |
| Reit Diversified industry median | 22.8× |
| Real Estate sector median | 21.5× |
| Market median | 17.9× |
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)