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Broadstone Net Lease BNL · USD

Real Estate · US listing · 🇺🇸 United States

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17.84

+1.88%

Close of 9 Nov 2026, in USD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$459.1m

FY2016FY2025

Net income

$102.9m

FY2016FY2025

Free cash flow

$269.8m

FY2016FY2025

Shareholders' equity

$2.90bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$459.1m$438.8m$448.1m$408.9m$383.2m$323.7m$298.8m$237.5m$181.6m$142.9m
Gross profit$108.0m$101.7m$108.3m$77.6m$100.6m$39.6m$56.9m$51.8m$45.5m$42.4m
Research and development——$0$0$0$0$0$0$0$0
Operating income$228.2m$212.9m$222.3m$193.6m$196.0m$120.7m$158.9m$125.1m$87.5m$63.6m
Net income$102.9m$156.2m$157.2m$116.4m$102.5m$51.2m$79.4m$69.4m$54.8m$36.4m
Diluted earnings per share0.520.790.800.630.600.330.520.450.360.24

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$5.72bn$5.22bn$5.27bn$5.46bn$4.62bn$4.26bn$3.92bn$3.10bn$2.58bn$1.95bn
Cash and short-term investments$4.85bn$14.8m$19.5m$21.8m$21.7m$100.5m$12.5m$18.6m$9.4m$21.6m
Total liabilities$2.68bn$2.07bn$2.07bn$2.20bn$1.88bn$1.78bn$2.14bn$1.57bn$1.29bn$953.5m
Debt$2.53bn$1.93bn$1.91bn$1.83bn$1.72bn$1.63bn$2.18bn$1.59bn$1.45bn$968.6m
Shareholders' equity$2.90bn$3.00bn$3.05bn$3.09bn$2.74bn$2.48bn$1.78bn$1.53bn$1.28bn$998.5m
Shares outstanding198m197m196m184m172m156m153m153m153m153m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$299.5m$276.3m$271.1m$255.9m$244.9m$179.0m$147.4m$128.0m$97.9m$67.2m
Capital spending−$29.7m−$16.8m−$46.3m−$31.4m−$1.6m−$10.8m−$5.1m−$5.0m−$6.6m−$1.9m
Free cash flow$269.8m$259.5m$224.8m$224.5m$243.3m$168.2m$142.3m$123.1m$91.3m$65.3m
Dividends paid−$218.8m−$216.8m−$207.5m−$181.2m−$154.5m−$71.5m−$62.0m−$51.8m−$44.5m−$35.7m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$122.3m$121.4m$119.4m$114.9m$113.0m$111.8m$112.9m$109.8m
Gross profit$116.5m$32.2m$29.6m$28.2m$22.9m$27.3m$20.2m$26.8m
Operating income$51.9m$63.3m$60.6m$57.7m$55.8m$54.0m$52.5m$54.6m
Net income$39.8m$46.4m$33.1m$25.2m$23.6m$17.2m$21.7m$36.5m
Diluted earnings per share0.200.230.170.130.120.090.110.19
Cash from operations$58.0m$76.0m$84.0m$64.0m$79.0m$71.0m$63.0m$67.0m
Capital spending−$1.0m−$1.0m−$6.0m−$6.0m−$2.0m−$14.0m−$6.0m−$7.0m
Free cash flow$57.0m$75.0m$78.0m$58.0m$77.0m$57.0m$57.0m$60.0m
Total assets$5.87bn$5.85bn$5.72bn$5.52bn$5.33bn$5.24bn$5.22bn$5.26bn
Cash and short-term investments$11.1m$4.98bn$4.85bn$82.0m$20.8m$9.6m$14.8m$9.0m
Debt$2.23bn$2.26bn$2.53bn$2.44bn$2.31bn$2.17bn$1.93bn$2.07bn
Shareholders' equity$2.88bn$2.89bn$2.90bn$2.88bn$2.91bn$2.95bn$3.00bn$3.00bn

Financial ratios

Data as of 19 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Gross margin23.5%23.2%24.2%19.0%26.2%12.2%——
Operating margin46.4%60.8%60.6%48.7%43.0%37.3%——
Net margin22.4%35.6%35.1%28.5%26.7%15.8%——
Return on equity3.5%5.2%5.2%3.8%3.7%2.1%——
Return on assets1.8%3.0%3.0%2.1%2.2%1.2%——
Free cash flow yield9.2%8.2%8.9%8.6%7.9%6.7%——
Revenue growth4.6%-2.1%9.6%6.7%18.4%8.3%——
Earnings growth-34.1%-0.6%35.0%13.6%100.2%-35.5%——
Current ratio288.34x1.60x1.58x1.46x0.82x2.87x——
Debt to equity0.87x0.64x0.63x0.59x0.63x0.63x——
Equity ratio50.8%57.6%57.9%56.7%59.3%58.2%——
Interest coverage2.26x3.60x3.39x2.53x2.57x1.59x——
R&D as a share of sales——0.0%0.0%0.0%0.0%0.0%0.0%
Buybacks as a share of market value-0.6%-0.2%-7.0%-6.7%-10.3%-1.9%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue3.9%7.2%16.7%
Operating income5.6%13.6%15.9%
Net income-4.0%15.0%18.2%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin23.4%22.5%21.8%22.4%
Operating margin49.1%48.8%47.7%48.6%
Net margin28.9%30.4%27.9%27.6%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020
Price to earnings33.520.021.525.641.759.7
Price to sales7.57.17.57.311.29.4

Market value over time

30 Sept 2020 to 16 Oct 2026, in USD

$2.06bn$3.63bn

Share price return

Finished calendar years

202520242023202220212020
Return8%-6%5%-30%22%18%

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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