Broadstone Net Lease, Inc. BNL

Latest FY: 2025 Real Estate REIT - Diversified
Market Price $21.39
Market Cap $4.08B
P/E Ratio 42.78
Quick Peer Compare (Real Estate):
Revenue (FY 2025) ↑5.2% YoY
$454.14M
3-Yr CAGR: 3.7%
Net Income ↓-40.6% YoY
$96.50M
Net Margin: 21.2%
Free Cash Flow ↑4.0% YoY
$269.79M
FCF Yield: 6.62%
EPS (Diluted) ↓-41.9% YoY
$0.50
Basic: $0.51
Return on Equity Efficiency
3.3%
ROA: 1.7%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (BNL)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $142.9M $112.9M $36.4M $67.2M $65.3M
FY 2017 $181.6M +27.1% $146.8M $54.8M +50.7% $97.9M $91.3M +40.0%
FY 2018 $237.5M +30.8% $184.6M $69.4M +26.6% $128.0M $123.1M +34.7%
FY 2019 $298.8M +25.8% $226.3M $79.4M +14.4% $147.4M $142.3M +15.6%
FY 2020 $321.6M +7.6% $245.5M $51.2M -35.5% $0.44 $179.0M $168.2M +18.2%
FY 2021 $382.9M +19.0% $318.7M $102.4M +100.1% $0.67 +52.3% $244.9M $243.3M +44.7%
FY 2022 $407.5M +6.4% $328.9M $122.1M +19.2% $0.72 +7.5% $255.9M $224.5M -7.7%
FY 2023 $442.9M +8.7% $362.8M $155.5M +27.3% $0.83 +15.3% $271.1M $224.8M +0.1%
FY 2024 $431.8M -2.5% $357.7M $162.4M +4.5% $0.86 +3.6% $276.3M $259.5M +15.4%
FY 2025 $454.1M +5.2% $359.7M $96.5M -40.6% $0.50 -41.9% $299.5M $269.8M +4.0%
$

Valuation

Market Price $21.39
Market Cap $4.08B
Enterprise Value $6.57B
P/E Ratio 42.78
P/B Ratio 1.41
FCF Yield 6.62%
Dividend Yield 5.42%
Shares Outstanding 191,766,600
%

Profitability & Margins

Gross Margin 79.20%
Operating Margin 1.41%
Net Margin 21.25%
Return on Equity (ROE) 3.33%
Return on Assets (ROA) 1.69%
Asset Turnover 0.08x
Revenue 3-Yr CAGR 3.68%
🛡️

Financial Health & Liquidity

Current Ratio N/A
Cash Ratio N/A
Debt / Equity 0.869
Debt / Assets 0.441
Cash & Equivalents $30.54M
Total Debt $2.52B
Book Value / Share $15.13
💧

Cash Flow Efficiency

Operating Cash Flow $299.50M
Capital Expenditures (CapEx) $29.71M
Free Cash Flow $269.79M
OCF / Revenue 65.95%
FCF / Revenue 59.41%
FCF 3-Yr CAGR 6.31%
🏷️

Per Share Metrics

EPS (Diluted) $0.50
EPS (Basic) $0.51
Dividends / Share $1.16
Book Value / Share $15.13
EPS YoY Growth -41.86%
🏛️

Balance Sheet (FY 2025)

Total Assets $5.72B
Total Liabilities $2.68B
Stockholders' Equity $2.90B
Current Assets N/A
Current Liabilities N/A