Broadstone Net Lease, Inc. (BNL)

21.09 -0.19% (-0.04)

Over 5Y: +9.0%

2026-08-28
15 20
2021 2022 2023 2024 2025 2026

Financials Quarterly

Q3 '23 — Revenue: 109.5M Q3 '23 — Operating Cash Flow: 73.9M Q3 '23 — Free Cash Flow: 68M Q3 '23 — Net Income: 49.7M Q4 '23 — Revenue: 105M Q4 '23 — Operating Cash Flow: 60.6M Q4 '23 — Free Cash Flow: 43.8M Q4 '23 — Net Income: 6.5M Q1 '24 — Revenue: 105.4M Q1 '24 — Operating Cash Flow: 70.9M Q1 '24 — Free Cash Flow: 67.7M Q1 '24 — Net Income: 65.1M Q2 '24 — Revenue: 105.9M Q2 '24 — Operating Cash Flow: 74.2M Q2 '24 — Free Cash Flow: 74M Q2 '24 — Net Income: 35.3M Q3 '24 — Revenue: 108.4M Q3 '24 — Operating Cash Flow: 67.3M Q3 '24 — Free Cash Flow: 60.3M Q3 '24 — Net Income: 35.6M Q4 '24 — Revenue: 112.1M Q4 '24 — Operating Cash Flow: 63.9M Q4 '24 — Free Cash Flow: 57.5M Q4 '24 — Net Income: 26.4M Q1 '25 — Revenue: 108.7M Q1 '25 — Operating Cash Flow: 71.5M Q1 '25 — Free Cash Flow: 57.1M Q1 '25 — Net Income: 16.7M Q2 '25 — Revenue: 113M Q2 '25 — Operating Cash Flow: 79.3M Q2 '25 — Free Cash Flow: 76.7M Q2 '25 — Net Income: 20.2M Q3 '25 — Revenue: 114.2M Q3 '25 — Operating Cash Flow: 64.2M Q3 '25 — Free Cash Flow: 58M Q3 '25 — Net Income: 26.5M Q4 '25 — Revenue: 118.3M Q4 '25 — Operating Cash Flow: 84.6M Q4 '25 — Free Cash Flow: 78M Q4 '25 — Net Income: 33.1M Q1 '26 — Revenue: 121.4M Q1 '26 — Operating Cash Flow: 76.1M Q1 '26 — Free Cash Flow: 74.7M Q1 '26 — Net Income: 46.4M Q2 '26 — Revenue: 122.3M Q2 '26 — Operating Cash Flow: 58.2M Q2 '26 — Free Cash Flow: 46.4M Q2 '26 — Net Income: 39.8M 0 25M 50M 75M 100M 125M
Q4 '23 Q2 '24 Q4 '24 Q2 '25 Q4 '25 Q2 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

7.5
OE margin 51.8%
Oper. margin 46.6%
ROIC 3.2%
Accruals -2.3%
FCF margin 54.0%
OCF margin 59.4%
OCF / EBIT 1.3×
ROA 2.5%
ROE 5.1%
Asset turnover 0.081×
Gross margin —
ROCE —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

6.6
RPO / sales —
RPO growth —
Segment HHI —

2 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

1.8
ND/EBITDA —
Debt / Eq 0.93×
Net debt / Eq 0.93×
Cash / Debt 0.0041×
Debt payback 10.4 yr
F-score 3.9 pts
Payout 150.4%
Cash runway —
Current ratio —
Quick ratio —

2 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

3.9
Sales/sh Y/Y +7.2%
EPS Y/Y +46.7%
EBIT Y/Y +30.4%
Shares change +0.49%
Sales Q/Q +8.3%
Div. growth +0.93%
EBIT CAGR +4.9%
EPS CAGR 4Y -7.1%
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.