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

Broadstone Net Lease, Inc. (BNL) P/S ratio

Alert me on P/S ratio

As of 3 November 2026, Broadstone Net Lease, Inc. (BNL) trades at a P/S ratio of 7.1×. Over the past ten years it has ranged from 0.0× (September 2020) to 12.3× (September 2021); the current reading is higher than 34% of that period. That is above the Reit Diversified industry median of 3.1× and above the Real Estate sector median of 2.9×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 7.2× 4.51%
FY2024 6.9× (6.89%)
FY2023 7.4× 9.59%
FY2022 6.7× (31.99%)
FY2021 9.9× 13.25%
FY2020 8.8× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period P/S ratio Change
Sep 2026 7.3× (11.86%)
Jun 2026 8.3× 11.07%
Mar 2026 7.5× 3.57%
Dec 2025 7.2× (4.10%)
24 more quarters

Against its own ten years

Low 0.0× High 12.3×
Ten-year median 7.6×
Current reading's percentile 34

P/S ratio against peers

Company P/S ratio
ESRT Empire State Realty Trust, Inc. compare 1.1×
JBGS JBG SMITH Properties compare 1.4×
AHRT AH Realty Trust Inc compare 1.7×
SAFE Safehold Inc. compare 1.9×
AAT American Assets Trust, Inc. compare 3.0×
GNL Global Net Lease, Inc. compare 3.2×
CTO CTO Realty Growth, Inc. compare 4.4×
BNL Broadstone Net Lease, Inc. 7.1×
WPC W.P. Carey Inc. compare 8.1×
Reit Diversified industry median 3.1×
Real Estate sector median 2.9×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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