$BNL Market Cap: $2.953 Billion
Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue
$431.8M
TTM
Gross Margin
88.69%
TTM
Net Earnings
$162.2M
TTM
Current Assets
$180.8M
Q4 2024
Current Liabilities
$113.1M
Q4 2024
Current Ratio
159.84%
Q4 2024
Total Assets
$5.216B
Q4 2024
Total Liabilities
$2.075B
Q4 2024
Book Value
$3.141B
Q4 2024
Cash
$14.85M
Q4 2024
P/E
18.21
Apr 15, 2025 EST
Free Cash Flow
-$99.00M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $431.8M $442.9M $407.5M $382.9M $321.6M $298.8M $237.5M $181.6M $142.9M $98.10M
YoY Change -2.5% 8.68% 6.43% 19.04% 7.64% 25.83% 30.8% 27.08% 45.64%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $431.8M $442.9M $407.5M $382.9M $321.6M $298.8M $237.5M $181.6M $142.9M $98.10M
Cost Of Revenue $56.90M $57.06M $61.86M $51.11M $56.20M $41.00M $29.10M $18.40M $12.20M $7.700M
Gross Profit $374.9M $385.8M $345.7M $331.8M $265.4M $257.8M $208.4M $163.2M $130.6M $90.40M
Gross Profit Margin 86.82% 87.12% 84.82% 86.65% 82.52% 86.27% 87.76% 89.89% 91.41% 92.15%

Selling, General & Admin Expense

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operating Profits/Loss YoY Change

Operating Earnings to Gross Profit Ratio

Operating Profit Margin

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Selling, General & Admin $37.60M $37.80M $36.97M $35.27M $31.90M $35.60M $30.90M $25.30M $18.10M $13.00M
YoY Change -0.53% 2.24% 4.82% 10.57% -10.39% 15.21% 22.13% 39.78% 39.23%
% of Gross Profit 10.03% 9.8% 10.7% 10.63% 12.02% 13.81% 14.83% 15.5% 13.86% 14.38%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $151.8M $152.8M $150.0M $128.9M $131.6M $105.4M $83.69M $62.76M $45.84M $28.82M
YoY Change -0.67% 1.86% 16.38% -2.04% 24.82% 25.95% 33.35% 36.91% 59.06%
% of Gross Profit 40.48% 39.6% 43.4% 38.85% 49.57% 40.89% 40.16% 38.46% 35.1% 31.88%
Operating Expenses $161.6M $161.9M $151.7M $134.5M $125.7M $119.4M $96.90M $75.60M $56.20M $38.10M
YoY Change -0.2% 6.76% 12.77% 7.01% 5.28% 23.22% 28.17% 34.52% 47.51%
Operating Profit $213.3M $223.9M $194.0M $197.3M $139.7M $138.4M $111.5M $84.88M $63.64M $42.38M
YoY Change -4.74% 15.43% -1.67% 41.2% 0.94% 24.13% 31.36% 33.38% 50.15%
Operating Profit To Gross Profit 56.89% 58.03% 56.11% 59.46% 52.64% 53.69% 53.5% 52.01% 48.73% 46.88%
Operating Profit To Revenue 49.39% 50.55% 47.6% 51.52% 43.43% 46.32% 46.95% 46.75% 44.54% 43.2%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Interest Expense $74.08M $80.05M $78.65M -$64.13M $76.14M $72.53M $52.86M $34.75M $29.96M $22.61M
YoY Change -7.47% 1.78% -222.65% -184.23% 4.97% 37.23% 52.1% 15.98% 32.55%
% of Operating Profit 34.73% 35.76% 40.55% -32.51% 54.5% 52.41% 47.4% 40.94% 47.08% 53.34%
Other Income/Expense, Net $6.201M -$1.681M $5.690M -$5.601M -$7.000K -$6.000K -$100.0K $1.100M $700.0K $600.0K
YoY Change -468.89% -129.54% -201.59% 79914.29% 16.67% -94.0% -109.09% 57.14% 16.67%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Pretax Income $170.2M $164.1M $130.8M $111.2M $57.20M $87.50M $76.00M $59.60M $40.30M $20.90M
YoY Change 3.71% 25.49% 17.61% 94.36% -34.63% 15.13% 27.52% 47.89% 92.82%
Income Tax $1.175M $763.0K $1.275M $1.644M $900.0K $2.400M $900.0K
% Of Pretax Income 0.69% 0.47% 0.98% 1.48% 1.57% 2.74% 1.18%
Net Earnings $162.4M $155.5M $122.1M $102.4M $51.18M $79.39M $69.38M $54.80M $36.35M $19.29M
YoY Change 4.48% 27.32% 19.22% 100.13% -35.54% 14.44% 26.6% 50.74% 88.49%
Net Earnings / Revenue 37.62% 35.11% 29.97% 26.75% 15.91% 26.57% 29.21% 30.18% 25.45% 19.66%
Basic Earnings Per Share $0.86 $0.83 $0.72 $0.67 $0.44 $0.83 $0.86
Diluted Earnings Per Share $0.86 $0.83 $0.72 $624.7K $0.44 $0.83 $0.86 $350.4K $232.7K $123.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

No data

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Cash & Short-Term Investments $14.85M $19.49M $21.79M $21.67M $100.5M $12.50M $18.60M $9.400M $21.60M
YoY Change -23.85% -10.53% 0.55% -78.44% 704.0% -32.8% 97.87% -56.48%
Cash & Equivalents $14.85M $19.49M $21.79M $21.67M $100.5M $12.50M $18.60M $9.400M $21.60M
Short-Term Investments
Other Short-Term Assets $15.36M $8.210M $8.076M $19.20M $11.00M $2.800M $300.0K $300.0K
YoY Change 87.04% 1.66% -57.94% 74.55% 292.86% 833.33% 0.0%
Inventory
Prepaid Expenses
Receivables $162.7M $152.7M $135.7M $116.9M $102.1M $84.50M $1.000M $900.0K $400.0K
Other Receivables $3.281M $1.487M $1.349M $1.310M $1.600M $1.000M $69.30M $52.00M $36.50M
Total Short-Term Assets $180.8M $189.1M $167.0M $147.9M $223.4M $109.0M $91.70M $62.60M $58.80M
YoY Change -4.35% 13.2% 12.9% -33.78% 104.95% 18.87% 46.49% 6.46%
Property, Plant & Equipment $4.351B $4.393B $4.505B $3.808B $3.387B $3.459B $2.684B $2.228B $1.685B
YoY Change -0.96% -2.49% 18.32% 12.41% -2.07% 28.89% 20.46% 32.21%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $10.00M $10.00M
YoY Change 0.0%
Other Assets $16.06M $1.138M $44.26M $10.17M $6.400M $2.400M $2.600M $3.800M $1.900M
YoY Change 1311.16% -97.43% 335.45% 58.83% 166.67% -7.69% -31.58% 100.0%
Total Long-Term Assets $5.036B $5.080B $5.291B $4.471B $4.035B $3.809B $3.005B $2.516B $1.893B
YoY Change -0.87% -3.99% 18.34% 10.8% 5.94% 26.75% 19.43% 32.9%
Total Assets $5.216B $5.269B $5.458B $4.619B $4.259B $3.918B $3.097B $2.579B $1.952B
YoY Change
Accounts Payable $38.80M $39.28M $44.78M $35.47M $72.30M $36.20M $22.30M $20.30M $17.40M
YoY Change -1.22% -12.28% 26.24% -50.94% 99.72% 62.33% 9.85% 16.67%
Accrued Expenses $16.02M $13.96M $9.843M $9.043M $6.700M $4.800M $9.800M $3.300M $1.600M
YoY Change 14.79% 41.81% 8.85% 34.97% 39.58% -51.02% 196.97% 106.25%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $113.1M $110.1M $109.1M $90.43M $79.00M $41.00M $32.20M $24.30M $19.40M
YoY Change 2.75% 0.94% 20.63% 14.46% 92.68% 27.33% 32.51% 25.26%
Long-Term Debt $1.913B $1.911B $2.023B $1.689B $1.541B $1.981B $1.446B $1.178B $866.6M
YoY Change 0.12% -5.56% 19.76% 9.61% -22.21% 37.03% 22.76% 35.9%
Other Long-Term Liabilities $48.73M $53.53M $62.86M $97.77M $159.3M $116.7M $89.90M $92.40M $67.60M
YoY Change -8.97% -14.83% -35.71% -38.63% 36.5% 29.81% -2.71% 36.69%
Total Long-Term Liabilities $1.962B $1.964B $2.086B $1.787B $1.701B $2.098B $1.536B $1.270B $934.2M
YoY Change -0.12% -5.84% 16.73% 5.09% -18.94% 36.61% 20.91% 35.96%
Total Liabilities $2.213B $2.219B $2.365B $2.041B $1.959B $2.250B $1.680B $1.392B $1.040B
YoY Change -0.31% -6.14% 15.84% 4.18% -12.92% 33.96% 20.68% 33.8%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Basic Shares Outstanding 187.5M 186.6M 169.8M 153.1M 117.2M 95.92M 80.97M 17.08M 13.18M 8.989M
Diluted Shares Outstanding 196.6M 196.3M 180.2M 164.0M 128.8M 102.9M 87.64M 18.57M 14.60M 9.736M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $2.953 Billion

About Broadstone Net Lease Inc

Broadstone Net Lease, Inc. is an internally-managed real estate investment trust, which engages in the investment, ownership, and management of single-tenant commercial real estate properties. The company is headquartered in Victor, New York and currently employs 73 full-time employees. The company went IPO on 2020-09-16. The firm invests in primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The firm leases industrial, healthcare, restaurant, retail, and commercial office properties under long-term lease agreements. The company is focused on investing in real estate that is operated by single tenants in industries. The company owns a portfolio of approximately 796 individual commercial properties with 789 properties located in 44 U.S. states and seven properties located in four Canadian provinces. Its portfolio comprises approximately 38.3 million rentable square feet of operational space and is diversified based on property type, geography, tenant, and industry. Its properties are occupied by over 220 different commercial tenants who operate 208 different brands that are diversified across 53 differing industries.

Industry: Real Estate Investment Trusts Peers: Alexander & Baldwin Inc (Hawaii) American Assets Trust Inc Global Net Lease, Inc. WP Carey Inc /entities/esba Empire State Realty Trust Inc Essential Properties Realty Trust Inc STORE CAPITAL LLC