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Broadstone Net Lease(NYSE) BNL

Market Cap$4.11BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2020)+89%
5 Year+13%
1 Year+40%
1 Month+3%
$21.45
-0.26%
-0.06Today
After hours$21.42-$0.03 (-0.14%)
Broadstone Net Lease last closing stock price
MetricPriceDate
Last closeUSD 21.412026-07-31
Broadstone Net Lease stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-4.25%USD 22.362026-07-24
1 month+3.03%USD 20.782026-07-01
3 month+10.54%USD 19.372026-05-01
Year to date+26.99%USD 16.862025-12-31
1 year+40.38%USD 15.252025-07-31
3 year+58.34%USD 13.522023-08-01
5 year+13.28%USD 18.902021-07-30
Since inception+89.21%USD 11.322020-09-17

Broadstone Net Lease Financials at a Glance

Market Cap

$4.11BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$478.04M

Net Income (TTM)

$196.55M

EPS (TTM)

$0.75

P/E Ratio

28.57

Dividend

$1.17

Beta (Volatility)

0.61 (Low)

Price

$21.45

Volume

1,495,668

Open

$21.39

Previous Close

$21.41

Daily Range

$21.28 - $21.52

52-Week Range

$16.25 - $23.10

Estimated Earnings Date

Nov 4, 2026

BNL News

A person holding a magnifying glass looking at a row of rising coins and buildings.

3 Best Diversified REITs for 2026 and How to Invest

Matt DiLalloJul 10, 2026
BuyAlert-Blue.png

GRS Advisors Opens $49 Million Broadstone Net Lease Position, According to Recent SEC Filing

Eric TrieMay 20, 2026
BuyAlert-Blue.png

Columbus Macro Builds Stake in Broadstone Net Lease, According to Recent SEC Filing

Eric TrieApr 22, 2026
23_06_06 A person with a scale that is weighing coins _MF Dload

Rising Rates Are a Problem, but This 6.8% Yielder Is Making the Best of It

Reuben Gregg BrewerAug 12, 2023
22_10_24 A hand stopping falling dominos from overturning a stock of coins _MF Dload

Here's How Broadstone Net Lease Can Afford Its 6.6% Dividend Yield

Reuben Gregg BrewerJul 28, 2023

BNL: Motley Fool Moneyball Superscore

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About Broadstone Net Lease

Broadstone Net Lease helps companies find and use business buildings.

It buys properties and rents them to big businesses.

This lets those companies focus on their daily operations.

What's in the Portfolio?

  • Industrial Facilities: Warehouses and manufacturing plants used for processing and distributing goods.
  • Retail Properties: Buildings for general merchandise shops and essential retail services.
  • Restaurant Spaces: Locations for quick service and sit-down dining brands.
  • Healthcare Centers: Specialized buildings for medical clinics and clinical services.

Buying and Building New Spaces

  • Invested in retail developments for brands like Sprouts, Hobby Lobby, and Academy Sports during 2025 and 2026.
  • Managed industrial building projects for Amazon.com Services, LLC and Fiat Chrysler Automobile.
  • Acquired three properties for $100.9 million during the first quarter of 2026.
  • Sold three properties for $54.8 million after March 31, 2026.

Why the Strategy Works

Broadstone Net Lease manages 773 properties where tenants handle their own taxes, insurance, and maintenance costs. The company maintains a 99.8% occupancy rate and long-term lease agreements across North America.

The Recent Financial Scorecard

  • Revenue reached $121.4 million in Q1 2026, up 11.7% from $108.7 million in Q1 2025.
  • Net income hit $46.4 million in Q1 2026, up 165.1% from the previous year.
  • Operating cash flow reached $76.1 million in Q1 2026, up 6.5% from Q1 2025.
  • Total assets grew to $5.8 billion as of March 31, 2026.

Bottom Line

Broadstone Net Lease has evolved into an industrial-focused real estate owner with a highly diversified tenant base. Its use of long-term net leases provides a steady foundation for revenue across different economic cycles.

AI Generated • May 22, 2026

Industry

Equity Real Estate Investment Trusts (REITs)

Sector

Real Estate

Employees

62

CEO

John D. Moragne

Website

www.broadstone.com

Headquarters

Victor, NY 14604, US

BNL Financials

Key Financial Metrics (TTM)

Gross Margin

44.41%

Operating Margin

59.88%

Net Income Margin

41.11%

Return on Equity

6.80%

Return on Capital

4.14%

Return on Assets

3.35%

Earnings Yield

3.50%

Dividend Yield

5.44%

Payout Ratio

1.12%

Stock Overview

Market Cap

$4.11BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

191.89M

Volume

1.50M

Avg. Volume

1.85M

Financials (TTM)

Gross Profit

$212.30M

Operating Income

$286.27M

EBITDA

$479.95M

Operating Cash Flow

$283.02M

Capital Expenditure

-$12.75M

Free Cash Flow

$270.27M

Cash & ST Invst.

$11.10M

Total Debt

$2.73B

Broadstone Net Lease Performance Analysis

Broadstone Net Lease annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 408,939,0006.7%
20232023-12-31USD 448,091,0009.6%
20242024-12-31USD 438,774,000-2.1%
20252025-12-31USD 459,141,0004.6%
Broadstone Net Lease sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-301.7%
Q42025-12-313.9%
Q12026-03-311.7%
Q22026-06-300.7%
Broadstone Net Lease annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 0.727.6%
20232023-12-31USD 0.8315.7%
20242024-12-31USD 0.863.6%
20252025-12-31USD 0.50-41.4%
Broadstone Net Lease sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-3027.3%
Q42025-12-3114.3%
Q12026-03-3143.8%
Q22026-06-30-8.7%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$122.31M

+8.2%

Gross Profit

$122.31M

+434.5%

Gross Margin

100.00%

N/A

Market Cap

$4.11BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$66.26M

N/A

Employees

62

N/A

Net Income

$91.90M

+289.3%

EBITDA

$167.59M

+82.4%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$11.10M

-46.6%

Total Debt

$2.73B

+26.2%

Accounts Receivable

$6.22M

-96.5%

Inventory

$0.00

N/A

Long Term Debt

$2.72B

+38.9%

Short Term Debt

$766.00K

-99.6%

Return on Assets

3.35%

N/A

Return on Invested Capital

4.88%

N/A

Free Cash Flow

$59.53M

-22.4%

Operating Cash Flow

$58.17M

-26.6%

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Questions About BNL

What is the current price of Broadstone Net Lease?

Broadstone Net Lease is trading at $21.41 per share.

What is the 52-week range for Broadstone Net Lease?

Over the past 52 weeks, Broadstone Net Lease has traded between $16.25 and $23.10.

How much debt does Broadstone Net Lease have?

As of the most recent reporting period, Broadstone Net Lease reported total debt of $2.73B.

How much cash does Broadstone Net Lease have on hand?

Broadstone Net Lease reported $11.10M in cash and cash equivalents in its most recent financial results.

What is Broadstone Net Lease’s dividend yield?

Broadstone Net Lease currently has a dividend yield of 5.44%.

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