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Broadstone Net Lease, Inc.

$20.47 +$3.01 (+17.24%)
NYSE · 14 Sep 2026 14:16 UTC
Previous Close
$20.42
Day Range
$20.46$20.75
Year Range
$17.16$23.1
Market Cap
3.93B
AVG Volume
1.95M
Trailing/Forward PE
26.93/25.22
PEG ratio
8.03
Dividend Yield
5.69%
Next Earnings Date
2026-11-04
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
0200M400M600M2016201720182019202020212022202320242025
BNL Revenue (USD) by year
PeriodRevenue (USD)
2025459.14M
2024438.77M
2023448.09M
2022408.94M
2021383.22M
2020323.71M
2019298.81M
2018233.72M
2017180.6M
2016142.87M
Net Income (USD)
050M100M150M200M2016201720182019202020212022202320242025
BNL Net Income (USD) by year
PeriodNet Income (USD)
202599.11M
2024156.24M
2023157.16M
2022116.42M
2021102.49M
202051.18M
201981.8M
201865.72M
201753.45M
201636.35M
Operating Income (USD)
0100M200M300M2016201720182019202020212022202320242025
BNL Operating Income (USD) by year
PeriodOperating Income (USD)
2025228.2M
2024212.89M
2023222.26M
2022193.56M
2021195.96M
2020139.75M
2019138.16M
2018106.85M
201786.52M
201669.09M
EBITDA (USD)
0200M400M600M2016201720182019202020212022202320242025
BNL EBITDA (USD) by year
PeriodEBITDA (USD)
2025373.41M
2024423.02M
2023435.99M
2022354.07M
2021296.88M
2020253.38M
2019267.69M
2018205.47M
2017149.22M
2016115.14M
Cash Flows (USD)
-100M0100M200M300M2016201720182019202020212022202320242025
BNL Cash Flows (USD) by year
PeriodCash Flows (USD)
2025269.79M
2024259.46M
2023224.82M
2022224.54M
2021243.34M
2020168.22M
2019142.31M
2018123.05M
2017-42.91M
2016-53.46M
EPS (USD)
00.250.50.7512016201720182019202020212022202320242025
BNL EPS (USD) by year
PeriodEPS (USD)
20250.5
20240.72
20230.82
20220.69
20210.66
20200.37
20190.52
20180.46
20170.37
20160.36
Expenses (USD)
050M100M150MSG&ACapex2016201720182019202020212022202320242025
BNL Expenses (USD) by year
PeriodExpenses (USD)
202529.71M
202416.8M
202346.25M
202231.37M
20211.6M
202010.81M
20195.05M
20184.96M
2017140.85M
2016122M
Cash & Debt (USD)
02B4B6BCashLong Term DebtShort Term Debt2016201720182019202020212022202320242025
BNL Cash & Debt (USD) by year
PeriodCash & Debt (USD)
20254.85B
202414.85M
202319.49M
202221.79M
202121.67M
2020100.49M
201912.46M
201818.61M
20179.36M
201621.64M
Debt ratios
-20242019202020212022202320242025
BNL Debt ratios by year
PeriodDebt ratios
2025-1.41
20241.26
20231.41
20221.71
20211.63
20201.74
20192.79
Margins
0%20%40%60%80%2016201720182019202020212022202320242025
BNL Margins by year
PeriodMargins
202523.52%
202423.17%
202324.16%
202218.96%
202126.24%
202012.23%
201919.05%
201820.56%
201749.58%
201673.11%
Return on Capital
0%2%4%6%2016201720182019202020212022202320242025
BNL Return on Capital by year
PeriodReturn on Capital
20253.27%
20244.97%
20234.92%
20223.57%
20213.74%
20202.06%
20194.6%
20184.3%
20174.16%
20163.64%
Shares Outstanding
050M100M150M200M2016201720182019202020212022202320242025
BNL Shares Outstanding by year
PeriodShares Outstanding
2025188.48M
2024187.59M
2023186.83M
2022173.68M
2021161.54M
2020143.92M
2019140.89M
2018140.89M
2017140.89M
2016140.89M
Dividends (USD)
00.511.52020202120222023202420252026
BNL Dividends (USD) by year
PeriodDividends (USD)
20260.88
20251.16
20241.16
20231.12
20221.08
20211.02
20200.39
Employee Count
020406080201720182019202020212022202320242025
BNL Employee Count by year
PeriodEmployee Count
202562
202473
202374
202273
202176
202071
201971
201821
201724
Book Value Per Share (USD)
051015202016201720182019202020212022202320242025
BNL Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
202516.09
202416.75
202317.1
202218.78
202116.97
202017.23
201912.63
201810.85
20179.11
20167.09
Total Assets (USD)
02B4B6B2016201720182019202020212022202320242025
BNL Total Assets (USD) by year
PeriodTotal Assets (USD)
20255.72B
20245.22B
20235.27B
20225.46B
20214.62B
20204.26B
20193.92B
20183.1B
20172.58B
20161.95B
PE Ratio
1020304050med 29.51Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
BNL PE Ratio by year
PeriodPE Ratio
Sep 2626.96
Sep 2627.47
Aug 2627.84
Aug 2627.88
Aug 2628.24
Aug 2627.63
Jul 2628.27
Jul 2633.2
Jul 2633.86
Jul 2632.41
Jul 2631.55
Jun 2631.49
Jun 2630.56
Jun 2631.29
Jun 2630.56
May 2630.04
May 2630.29
May 2629.53
May 2629.49
May 2629.16
Apr 2638.07
Apr 2638.72
Apr 2637.88
Apr 2635.41
Mar 2635.1
Mar 2635.45
Mar 2636.72
Mar 2636.42
Feb 2636.87
Feb 2635.73
Feb 2642.13
Feb 2641.32
Jan 2639.71
Jan 2639.75
Jan 2640.14
Jan 2638.72
Jan 2637.46
Dec 2537.54
Dec 2537.59
Dec 2537.91
Dec 2537.39
Nov 2537.69
Nov 2539.26
Nov 2539.32
Nov 2538.85
Oct 2538.44
Oct 2535.51
Oct 2535.23
Oct 2534.24
Oct 2535.44
Sep 2534.37
Sep 2534.77
Sep 2535.63
Sep 2535.44
Aug 2535.27
Aug 2534.6
Aug 2531.83
Aug 2531.89
Aug 2530.79
Jul 2527.11
Jul 2526.92
Jul 2527.36
Jul 2527.89
Jun 2527.59
Jun 2527.81
Jun 2527.52
Jun 2527.64
May 2527.16
May 2526.39
May 2527.57
May 2527.88
May 2527.65
Apr 2519.13
Apr 2519.32
Apr 2518.09
Apr 2519.43
Mar 2520.38
Mar 2520.24
Mar 2520.48
Mar 2520.38
Feb 2520.23
Feb 2519.16
Feb 2520.2
Feb 2520.42
Jan 2520.71
Jan 2521.11
Jan 2520.73
Jan 2520
Jan 2520.86
Dec 2420.98
Dec 2421.15
Dec 2422.24
Dec 2422.69
Nov 2423.04
Nov 2422.7
Nov 2422.63
Nov 2423.21
Nov 2422.98
Oct 2421.63
Oct 2422.75
Free Cash Flow Yield
6%7%8%9%10%med 7.57%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
BNL Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 266.94%
Sep 266.81%
Aug 266.72%
Aug 266.71%
Aug 266.63%
Aug 266.77%
Jul 266.62%
Jul 266.75%
Jul 266.62%
Jul 266.91%
Jul 267.1%
Jun 267.12%
Jun 267.33%
Jun 267.16%
Jun 267.33%
May 267.46%
May 267.4%
May 267.59%
May 267.6%
May 267.68%
Apr 267.15%
Apr 267.03%
Apr 267.19%
Apr 267.69%
Mar 267.75%
Mar 267.68%
Mar 267.41%
Mar 267.47%
Feb 267.38%
Feb 267.62%
Feb 266.75%
Feb 266.88%
Jan 267.16%
Jan 267.15%
Jan 267.08%
Jan 267.34%
Jan 267.59%
Dec 257.57%
Dec 257.56%
Dec 257.5%
Dec 257.6%
Nov 257.54%
Nov 257.24%
Nov 257.23%
Nov 257.32%
Oct 257.4%
Oct 257.15%
Oct 257.21%
Oct 257.41%
Oct 257.16%
Sep 257.38%
Sep 257.3%
Sep 257.13%
Sep 257.16%
Aug 257.2%
Aug 257.34%
Aug 257.97%
Aug 257.96%
Aug 258.24%
Jul 258.34%
Jul 258.4%
Jul 258.26%
Jul 258.11%
Jun 258.2%
Jun 258.13%
Jun 258.22%
Jun 258.18%
May 258.33%
May 258.57%
May 258.2%
May 258.11%
May 258.18%
Apr 258.68%
Apr 258.6%
Apr 259.18%
Apr 258.55%
Mar 258.15%
Mar 258.2%
Mar 258.11%
Mar 258.15%
Feb 258.21%
Feb 258.67%
Feb 258.54%
Feb 258.45%
Jan 258.33%
Jan 258.17%
Jan 258.32%
Jan 258.62%
Jan 258.27%
Dec 248.22%
Dec 248.16%
Dec 247.76%
Dec 247.6%
Nov 247.49%
Nov 247.6%
Nov 247.62%
Nov 247.43%
Nov 247.51%
Oct 247.6%
Oct 247.23%
Price to Sales
678910med 7.56Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
BNL Price to Sales by year
PeriodPrice to Sales
Sep 268.15
Sep 268.3
Aug 268.41
Aug 268.42
Aug 268.53
Aug 268.35
Jul 268.54
Jul 269.08
Jul 269.26
Jul 268.87
Jul 268.63
Jun 268.62
Jun 268.36
Jun 268.56
Jun 268.36
May 268.22
May 268.29
May 268.08
May 268.07
May 267.98
Apr 268.22
Apr 268.36
Apr 268.18
Apr 267.64
Mar 267.58
Mar 267.65
Mar 267.93
Mar 267.86
Feb 267.96
Feb 267.71
Feb 268.16
Feb 268
Jan 267.69
Jan 267.7
Jan 267.78
Jan 267.5
Jan 267.26
Dec 257.27
Dec 257.28
Dec 257.34
Dec 257.24
Nov 257.3
Nov 257.6
Nov 257.62
Nov 257.53
Oct 257.45
Oct 257.86
Oct 257.8
Oct 257.58
Oct 257.85
Sep 257.61
Sep 257.7
Sep 257.89
Sep 257.85
Aug 257.81
Aug 257.66
Aug 257.05
Aug 257.06
Aug 256.82
Jul 256.76
Jul 256.71
Jul 256.82
Jul 256.95
Jun 256.88
Jun 256.93
Jun 256.86
Jun 256.89
May 256.77
May 256.58
May 256.87
May 256.95
May 256.89
Apr 256.81
Apr 256.88
Apr 256.44
Apr 256.92
Mar 257.26
Mar 257.21
Mar 257.29
Mar 257.26
Feb 257.2
Feb 256.82
Feb 256.6
Feb 256.68
Jan 256.77
Jan 256.9
Jan 256.78
Jan 256.54
Jan 256.82
Dec 246.86
Dec 246.91
Dec 247.27
Dec 247.42
Nov 247.53
Nov 247.42
Nov 247.4
Nov 247.59
Nov 247.51
Oct 247.66
Oct 248.05
EV/EBITDA
05101520med 12.49Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
BNL EV/EBITDA by year
PeriodEV/EBITDA
Sep 2615.44
Sep 2615.62
Aug 2615.74
Aug 2615.76
Aug 2615.88
Aug 2615.67
Jul 2615.89
Jul 264.85
Jul 265.05
Jul 264.6
Jul 264.32
Jun 264.3
Jun 264.01
Jun 264.24
Jun 264.01
May 263.84
May 263.92
May 263.68
May 263.67
May 263.56
Apr 264.12
Apr 264.29
Apr 264.06
Apr 263.41
Mar 263.33
Mar 263.42
Mar 263.76
Mar 263.68
Feb 263.8
Feb 263.49
Feb 2616.67
Feb 2616.47
Jan 2616.08
Jan 2616.09
Jan 2616.18
Jan 2615.84
Jan 2615.53
Dec 2515.55
Dec 2515.56
Dec 2515.64
Dec 2515.51
Nov 2515.59
Nov 2515.97
Nov 2515.98
Nov 2515.87
Oct 2515.77
Oct 2515.36
Oct 2515.28
Oct 2515.02
Oct 2515.34
Sep 2515.05
Sep 2515.16
Sep 2515.39
Sep 2515.34
Aug 2515.29
Aug 2515.11
Aug 2514.37
Aug 2514.39
Aug 2514.09
Jul 2513.37
Jul 2513.31
Jul 2513.44
Jul 2513.6
Jun 2513.51
Jun 2513.57
Jun 2513.49
Jun 2513.52
May 2513.38
May 2513.16
May 2513.5
May 2513.59
May 2513.53
Apr 2511.55
Apr 2511.62
Apr 2511.17
Apr 2511.66
Mar 2512.01
Mar 2511.96
Mar 2512.05
Mar 2512.01
Feb 2511.96
Feb 2511.57
Feb 2511.5
Feb 2511.58
Jan 2511.68
Jan 2511.81
Jan 2511.68
Jan 2511.44
Jan 2511.73
Dec 2411.77
Dec 2411.82
Dec 2412.19
Dec 2412.34
Nov 2412.46
Nov 2412.35
Nov 2412.32
Nov 2412.52
Nov 2412.44
Oct 2412.05
Oct 2412.44
Price/Operating Cashflow
10121416med 11.96Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
BNL Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Sep 2613.76
Sep 2614.02
Aug 2614.21
Aug 2614.23
Aug 2614.41
Aug 2614.1
Jul 2614.43
Jul 2614
Jul 2614.28
Jul 2613.67
Jul 2613.31
Jun 2613.28
Jun 2612.89
Jun 2613.19
Jun 2612.89
May 2612.67
May 2612.77
May 2612.45
May 2612.44
May 2612.3
Apr 2612.6
Apr 2612.81
Apr 2612.54
Apr 2611.72
Mar 2611.62
Mar 2611.73
Mar 2612.15
Mar 2612.05
Feb 2612.2
Feb 2611.82
Feb 2613.25
Feb 2612.99
Jan 2612.49
Jan 2612.5
Jan 2612.62
Jan 2612.18
Jan 2611.78
Dec 2511.81
Dec 2511.82
Dec 2511.92
Dec 2511.76
Nov 2511.85
Nov 2512.34
Nov 2512.36
Nov 2512.22
Oct 2512.09
Oct 2512.48
Oct 2512.38
Oct 2512.03
Oct 2512.45
Sep 2512.08
Sep 2512.22
Sep 2512.52
Sep 2512.45
Aug 2512.39
Aug 2512.16
Aug 2511.19
Aug 2511.21
Aug 2510.82
Jul 2510.78
Jul 2510.7
Jul 2510.88
Jul 2511.09
Jun 2510.97
Jun 2511.05
Jun 2510.94
Jun 2510.99
May 2510.8
May 2510.49
May 2510.96
May 2511.08
May 2510.99
Apr 2510.82
Apr 2510.93
Apr 2510.23
Apr 2510.99
Mar 2511.52
Mar 2511.45
Mar 2511.58
Mar 2511.52
Feb 2511.44
Feb 2510.84
Feb 2510.55
Feb 2510.66
Jan 2510.81
Jan 2511.02
Jan 2510.82
Jan 2510.44
Jan 2510.89
Dec 2410.95
Dec 2411.04
Dec 2411.61
Dec 2411.84
Nov 2412.03
Nov 2411.85
Nov 2411.82
Nov 2412.12
Nov 2411.99
Oct 2411.93
Oct 2412.55
Price to Book
0.811.21.41.6med 1.11Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
BNL Price to Book by year
PeriodPrice to Book
Sep 261.29
Sep 261.32
Aug 261.34
Aug 261.34
Aug 261.36
Aug 261.33
Jul 261.36
Jul 261.41
Jul 261.44
Jul 261.38
Jul 261.34
Jun 261.34
Jun 261.3
Jun 261.33
Jun 261.3
May 261.28
May 261.29
May 261.25
May 261.25
May 261.24
Apr 261.24
Apr 261.27
Apr 261.24
Apr 261.16
Mar 261.15
Mar 261.16
Mar 261.2
Mar 261.19
Feb 261.2
Feb 261.17
Feb 261.23
Feb 261.2
Jan 261.16
Jan 261.16
Jan 261.17
Jan 261.13
Jan 261.09
Dec 251.09
Dec 251.09
Dec 251.1
Dec 251.09
Nov 251.1
Nov 251.14
Nov 251.14
Nov 251.13
Oct 251.12
Oct 251.16
Oct 251.15
Oct 251.12
Oct 251.16
Sep 251.12
Sep 251.13
Sep 251.16
Sep 251.16
Aug 251.15
Aug 251.13
Aug 251.04
Aug 251.04
Aug 251
Jul 250.97
Jul 250.96
Jul 250.98
Jul 251
Jun 250.99
Jun 250.99
Jun 250.98
Jun 250.99
May 250.97
May 250.94
May 250.98
May 251
May 250.99
Apr 250.95
Apr 250.96
Apr 250.9
Apr 250.97
Mar 251.01
Mar 251.01
Mar 251.02
Mar 251.01
Feb 251.01
Feb 250.95
Feb 250.92
Feb 250.93
Jan 250.94
Jan 250.96
Jan 250.94
Jan 250.91
Jan 250.95
Dec 240.95
Dec 240.96
Dec 241.01
Dec 241.03
Nov 241.05
Nov 241.03
Nov 241.03
Nov 241.05
Nov 241.04
Oct 241.04
Oct 241.1
Broadstone Net Lease, Inc.
BNL
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News: BNL

The Ultimate SWAN Investment: Why Retirees Should Own Net Lease REITs

seekingalpha.com · 7 Sep 2026

The Ultimate SWAN Investment: Why Retirees Should Own Net Lease REITs

Realty Income, Essential Properties, and Agree Realty are my top SWAN net lease REITs for dependable, growing retirement income. O, EPRT, and ADC offer sector-leading AFFO-per-share growth, conservative payout ratios, and attractive yields, trading below historical AFFO multiples. Scale, cost of capital, and disciplined underwriting are critical; sector consolidation favors larger REITs with diversified portfolios and capital access.

Broadstone Net Lease: The Dilution Looks Worse Than The Economics

seekingalpha.com · 2 Sep 2026

Broadstone Net Lease: The Dilution Looks Worse Than The Economics

Broadstone Net Lease is rated Buy, supported by a 13.3x forward AFFO and 5.6% yield, with a credible development-driven growth story. BNL's $249.7M forward equity offering aligns with $46M ABR growth already contracted through 2027, minimizing dilution risk and supporting AFFO/share. The Colorado development offers superior economics, starting at an 8.5% yield, and will become BNL's largest tenant by ABR, enhancing portfolio quality.

Broadstone Net Lease: The Opportunity Window Has Closed (Rating Downgrade)

seekingalpha.com · 2 Sep 2026

Broadstone Net Lease: The Opportunity Window Has Closed (Rating Downgrade)

BNL is downgraded to Hold after a strong rally and multiple expansions. BNL's portfolio shift toward industrial properties enhances lease terms and rent escalators, supporting long-term fundamentals. The balance sheet remains solid with manageable debt maturities and improved credit facilities, reducing near-term refinancing risks.

Broadstone Net Lease, Inc. (NYSE:BNL) Given Average Recommendation of “Moderate Buy” by Brokerages

defenseworld.net · 2 Sep 2026

Broadstone Net Lease, Inc. (NYSE:BNL) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of Broadstone Net Lease, Inc. (NYSE: BNL - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the eleven analysts that are covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average twelve-month

Broadstone Net Lease Adds $23 Million to its Committed Pipeline of Build-to-Suit Developments

businesswire.com · 25 Aug 2026

Broadstone Net Lease Adds $23 Million to its Committed Pipeline of Build-to-Suit Developments

VICTOR, N.Y.--(BUSINESS WIRE)-- #acquisitions--Broadstone Net Lease Adds $23 Million to its Committed Pipeline of Build-to-Suit Developments.

Deutsche Bank AG Buys New Stake in Broadstone Net Lease, Inc. $BNL

defenseworld.net · 25 Aug 2026

Deutsche Bank AG Buys New Stake in Broadstone Net Lease, Inc. $BNL

Deutsche Bank AG purchased a new position in shares of Broadstone Net Lease, Inc. (NYSE: BNL) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 279,117 shares of the company's stock, valued at approximately $5,769,000. Deutsche Bank AG owned 0.15% of Broadstone

Comparing Broadstone Net Lease (NYSE:BNL) & United Development Funding IV (OTCMKTS:UDFI)

defenseworld.net · 24 Aug 2026

Comparing Broadstone Net Lease (NYSE:BNL) & United Development Funding IV (OTCMKTS:UDFI)

Broadstone Net Lease (NYSE: BNL - Get Free Report) and United Development Funding IV (OTCMKTS:UDFI - Get Free Report) are both real estate companies, but which is the better stock? We will compare the two businesses based on the strength of their institutional ownership, earnings, risk, profitability, dividends, analyst recommendations and valuation. Institutional and Insider Ownership

Broadstone Net Lease, Inc. Announces Pricing of Public Offering of Common Stock

businesswire.com · 6 Aug 2026

Broadstone Net Lease, Inc. Announces Pricing of Public Offering of Common Stock

VICTOR, N.Y.--(BUSINESS WIRE)-- #commercialrealestate--Broadstone Net Lease, Inc. Announces Pricing of Public Offering of Common Stock.

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Disclaimer: The historical data presented on this platform is provided by Financial Modeling Prep. Stock Picker is a platform for informational purposes only and does not provide financial advice. Users are encouraged to conduct their own research and consult with a qualified financial advisor before making investment decisions.