Broadstone Net Lease, Inc. BNL R2KR3K
Company Overview
Broadstone Net Lease, Inc. is an industrial-focused, diversified net lease real estate investment trust (REIT) that invests in primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. We primarily, and selectively, invest in real estate across industrial and retail property types. We target properties with credit-worthy tenants in industries characterized by positive business drivers and trends, where the properties are an integral part of the tenants' businesses and there are opportunities to secure long-term net leases. Through long-term net leases, our tenants can retain operational control of their strategically important locations, while allocating their debt and equity capital to fund core business operations rather than real estate ownership. Broadstone Net Lease, Inc. was established and incorporated on October 18th, 2017, in Maryland and is based in Victor, New York.
Why Investors Should Care
Net profit has compounded at 17.5% per year over the last five years.
Revenue has grown at a 16.6% CAGR over the past five years.
Maintains a net profit margin of 30.6%.
Offers a dividend yield of 5.53%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $454.14M (+5.2% YoY); net profit $96.50M.
- Trailing 12 Months Year-on-year growth — revenue +8.3%, earnings +95.7%.
- 5-Year Trend Long-term compounding — revenue CAGR 16.6%, profit CAGR 17.5%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 16.56% |
| 1 Year: | 8.30% |
Compounded Profit Growth
| 5 Years: | 17.47% |
| 1 Year: | 95.70% |
Stock Price Performance
| 1 Year: | +32.38% |
| 6 Months: | +11.96% |
| 3 Months: | +2.54% |
| 1 Month: | -1.65% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMAAbove
- RSI (14)42.52 · Neutral
P/E of 27.38 is above the sector median of 24.38 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Excellent profit margin of 30.6%.
- Compounding revenue at 16.6% over 5 years.
- Profit CAGR of 17.5% over 5 years.
- Attractive dividend yield of 5.53%.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Real Estate).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | BNL Broadstone Net Lease, Inc. R2KR3K | 20.81 | 27.38 | $3.99B | 5.53% | - | 4.92% | 16.56% | 17.47% |
| 2 | WELL Welltower Inc. SPXR3K | 236.17 | 106.38 | $170.18B | 1.44% | 0.54% | 3.84% | 22.26% | 11.10% |
| 3 | PLD Prologis, Inc. SPXR3K | 137.34 | 30.59 | $130.52B | 3.08% | - | 7.75% | 16.83% | 39.42% |
| 4 | EQIX Equinix, Inc. SPXR3K | 1,035.98 | 66.49 | $102.22B | 1.96% | 5.42% | 10.73% | 17.43% | 17.11% |
| 5 | AMT American Tower Corporation SPXR3K | 175.85 | 28.36 | $81.94B | 4.08% | 8.76% | 33.91% | 12.41% | 25.08% |
| 6 | DLR Digital Realty Trust, Inc. SPXR3K | 188.39 | 241.53 | $69.71B | 2.44% | - | 2.91% | 15.18% | 18.41% |
| 7 | SPG Simon Property Group, Inc. SPXR3K | 209.44 | 14.57 | $67.92B | 3.97% | - | 113.59% | 3.14% | 14.02% |
| 8 | O Realty Income Corporation SPXR3K | 61.25 | 44.71 | $57.95B | 5.21% | - | 3.23% | 24.73% | 13.04% |
| 9 | PSA Public Storage SPXR3K | 302.01 | 28.74 | $56.40B | 3.67% | - | 21.93% | 5.67% | 7.85% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 31.59M | 34.82M | 37.01M | 39.45M | 42.19M | 43.67M | 46.23M | 49.47M | 55.59M | 57.03M | 61.76M | 63.09M | 68.43M | 69.05M | 76.40M | 84.93M | 78.23M | 80.37M | 80.74M | 82.29M | 82.70M | 84.76M | 122.78M | 93.84M | 98.01M | 103.52M | 118.99M | 109.35M | 109.54M | 105.37M | 105.91M | 108.40M | 108.69M | 112.99M | 114.17M | 121.40M |
| Operating Income | 15.47M | 13.77M | 16.88M | 17.52M | 20.64M | 21.64M | 19.41M | 23.19M | 26.54M | 26.40M | 26.99M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | 5.10M | 4.82M | 13.96M | 12.48M | 12.59M | 14.73M | 11.95M | 15.53M | 17.57M | 16.97M | 21.27M | 13.56M | 13.94M | 16.13M | 23.39M | 25.93M | 10.82M | 15.35M | 8.75M | 16.26M | 22.22M | 21.21M | 28.70M | 26.76M | 33.52M | 27.11M | 39.30M | 60.01M | 49.68M | 65.11M | 35.33M | 35.61M | 16.74M | 20.16M | 26.47M | 46.37M |
| Diluted EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.24 | - | 0.10 | 0.14 | 0.08 | - | 0.15 | 0.14 | 0.18 | 0.16 | 0.20 | 0.16 | 0.21 | 0.32 | 0.26 | 0.35 | 0.19 | 0.19 | 0.09 | 0.10 | 0.14 | 0.24 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 98.09M | 142.87M | 181.56M | 237.48M | 298.81M | 321.64M | 382.88M | 407.51M | 442.89M | 431.80M | 454.14M |
| Operating Income | 42.38M | 63.64M | 84.88M | - | - | - | - | - | - | - | - |
| Net Income | 19.29M | 36.35M | 54.80M | 69.38M | 79.39M | 51.18M | 102.43M | 122.11M | 155.48M | 162.44M | 96.50M |
| Diluted EPS | - | - | - | 0.86 | 0.83 | 0.44 | 0.67 | 0.72 | 0.83 | 0.86 | 0.50 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 1.95B | 2.58B | 3.10B | 3.92B | 4.26B | 4.62B | 5.46B | 5.27B | 5.22B | 5.72B |
| Total Equity | 394.18M | 747.95M | 911.79M | 1.19B | 1.42B | 1.67B | 2.30B | 2.58B | 3.09B | 3.05B | 3.00B | 2.90B |
| Cash & Equivalents | 4.13M | 27.05M | 21.64M | 9.36M | 18.61M | 12.46M | 100.49M | 21.67M | 21.79M | 19.49M | 14.85M | 30.54M |
| Long Term Debt | - | - | - | 1.18B | 1.45B | 1.99B | 1.55B | 1.70B | 2.03B | 1.92B | 1.92B | 2.52B |
| Total Liabilities | - | - | 953.52M | 1.29B | 1.57B | 2.14B | 1.78B | 1.88B | 2.20B | 2.07B | 2.07B | 2.68B |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | 67.19M | 97.94M | 128.01M | 147.36M | 179.03M | 244.94M | 255.91M | 271.07M | 276.25M | 299.50M |
| Investing Cash Flow | - | -470.57M | -611.84M | -510.46M | -831.71M | -60.24M | -582.30M | -859.64M | 24.34M | -59.70M | -675.27M |
| Financing Cash Flow | - | 399.35M | 500.89M | 391.34M | 685.67M | -28.38M | 254.41M | 636.00M | -334.82M | -221.19M | 393.43M |
| Capital Expenditure | -10.56M | -1.94M | -6.78M | -5.15M | -5.05M | -10.81M | -1.60M | -31.37M | -46.25M | -16.80M | -29.71M |
| Free Cash Flow | - | 65.25M | 91.16M | 122.86M | 142.31M | 168.22M | 243.34M | 224.54M | 224.82M | 259.46M | 269.79M |
| Share Buybacks | 3.05M | 8.15M | 9.44M | 10.20M | 34.60M | - | - | - | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 43.2% | 44.5% | 46.8% | - | - | - | - | - | - | - | - |
| Net Margin % | 19.7% | 25.4% | 30.2% | 29.2% | 26.6% | 15.9% | 26.8% | 30.0% | 35.1% | 37.6% | 21.2% |
| ROE % | 2.6% | 4.0% | 4.6% | 4.9% | 4.8% | 2.2% | 4.0% | 3.9% | 5.1% | 5.4% | 3.3% |
| ROCE % | - | - | - | - | - | - | - | - | - | - | - |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 17.96% | 34.46M | $726.81M |
| 2 | Vanguard Portfolio Management LLC | 10.45% | 20.05M | $422.80M |
| 3 | State Street Corporation | 5.64% | 10.82M | $228.16M |
| 4 | Vanguard Capital Management LLC | 4.49% | 8.62M | $181.86M |
| 5 | Geode Capital Management, LLC | 2.93% | 5.63M | $118.70M |
| 6 | Nuveen, LLC | 2.39% | 4.59M | $96.73M |
| 7 | Alliancebernstein L.P. | 2.31% | 4.44M | $93.54M |
| 8 | Invesco Ltd. | 2.24% | 4.31M | $90.81M |
| 9 | Charles Schwab Investment Management, Inc. | 1.94% | 3.72M | $78.51M |
| 10 | AEW Capital Management, LP | 1.70% | 3.26M | $68.79M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for BNL
Do Broadstone Net Lease's New Texas Retail Builds Reveal a Deeper Strategy Shift for BNL? - simplywall.st
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Citizens Turns Neutral on Broadstone Net Lease (BNL) as Leverage Remains Elevated - Yahoo Finance
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Broadstone Net Lease (NYSE: BNL) director buys shares in open-market trades - Stock Titan
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BNL stock holds steady as net lease REIT focuses on income stability - ad-hoc-news.de
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BNL — Frequently Asked Questions
What is the current share price of Broadstone Net Lease, Inc. (BNL)?
As of 2026-09-07 16:24 PDT, Broadstone Net Lease, Inc. (BNL) trades at $20.81 on NYSE. Its 52-week range is $15.59 to $22.84.
What is the market capitalisation of BNL?
Broadstone Net Lease, Inc. (BNL) has a market capitalisation of $3.99B on NYSE.
What is the P/E ratio of BNL?
BNL trades at a trailing price-to-earnings (P/E) ratio of 27.38. The industry average P/E is 24.38. Its price-to-book (P/B) ratio is 1.39.
Does BNL pay a dividend?
Broadstone Net Lease, Inc. (BNL) currently offers a dividend yield of 5.53%.
What is the return on equity (ROE) of BNL?
BNL has a return on equity (ROE) of 4.92%.
Is BNL a good stock to buy?
This page provides a data-driven analysis of Broadstone Net Lease, Inc. (BNL), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.