Broadstone Net Lease, Inc. (BNL)
NYSE: BNL · Real-Time Price · USD
17.38
+0.52 (3.08%)
Oct 29, 2026, 2:15 PM EDT - Market open
Broadstone Net Lease Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Rental Revenue | 483.87 | 454.14 | 431.8 | 442.89 | 407.51 | 382.88 |
| 483.87 | 454.14 | 431.8 | 442.89 | 407.51 | 382.88 | |
Revenue Growth (YoY | 8.01% | 5.17% | -2.50% | 8.68% | 6.44% | 19.04% |
Property Expenses | 25.62 | 22.97 | 24.74 | 22.58 | 21.77 | 18.46 |
Selling, General & Administrative | 42.69 | 38.88 | 37.99 | 39.43 | 37.38 | 36.37 |
Depreciation & Amortization | 177.88 | 158.79 | 154.58 | 157.73 | 146.31 | 128.3 |
Total Operating Expenses | 246.19 | 220.64 | 217.31 | 219.73 | 205.46 | 183.12 |
Operating Income | 237.68 | 233.5 | 214.49 | 223.16 | 202.06 | 199.76 |
Interest Expense | -102.83 | -94.47 | -74.08 | -80.05 | -78.65 | -64.15 |
Interest & Investment Income | 0.29 | 0.39 | 0.99 | 0.51 | 0.04 | 0.02 |
Currency Exchange Gain (Loss) | -3.7 | -3.7 | 6.2 | - | 5.6 | 0.1 |
Other Non-Operating Income | 2.59 | -2.72 | 0 | -1.68 | -0.22 | -0.16 |
EBT Excluding Unusual Items | 134.03 | 133 | 147.61 | 141.94 | 128.83 | 135.56 |
Gain (Loss) on Sale of Assets | 32.08 | 12.6 | 73.15 | 54.31 | 15.95 | 13.52 |
Asset Writedown | -14.99 | -45.03 | -50.6 | -32.17 | -14.04 | -32.01 |
Other Unusual Items | - | - | - | - | - | -5.91 |
Pretax Income | 151.12 | 100.57 | 170.16 | 164.08 | 130.75 | 111.17 |
Income Tax Expense | 1.31 | 1.15 | 1.18 | 0.76 | 1.28 | 1.64 |
Earnings From Continuing Operations | 149.81 | 99.42 | 168.99 | 163.31 | 129.48 | 109.53 |
Minority Interest in Earnings | -3.41 | -2.92 | -6.55 | -7.83 | -7.36 | -7.1 |
Net Income | 146.41 | 96.5 | 162.44 | 155.48 | 122.12 | 102.43 |
Preferred Dividends & Other Adjustments | 1.24 | 1.24 | 1.17 | 0.56 | 0.42 | 0.39 |
Net Income to Common | 145.17 | 95.25 | 161.28 | 154.92 | 121.7 | 102.03 |
Net Income Growth | 62.25% | -40.94% | 4.10% | 27.30% | 19.27% | 99.87% |
Basic Shares Outstanding | 190 | 188 | 187 | 187 | 170 | 153 |
Diluted Shares Outstanding | 200 | 198 | 197 | 196 | 180 | 164 |
Shares Change | 1.37% | 0.48% | 0.15% | 8.94% | 9.90% | 27.31% |
EPS (Basic) | 0.76 | 0.51 | 0.86 | 0.83 | 0.72 | 0.67 |
EPS (Diluted) | 0.75 | 0.50 | 0.86 | 0.83 | 0.72 | 0.67 |
EPS Growth | 60.61% | -41.37% | 3.57% | 15.76% | 7.60% | 52.74% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share | 1.160 | 1.160 | 1.155 | 1.120 | 1.080 | 1.025 |
Dividend Growth | 300.00% | 0.43% | 3.13% | 3.70% | 5.37% | 166.23% |
Operating Margin | 49.12% | 51.42% | 49.67% | 50.39% | 49.58% | 52.17% |
Profit Margin | 30.00% | 20.97% | 37.35% | 34.98% | 29.86% | 26.65% |
EBITDA | 411.5 | 387.81 | 364.66 | 375.04 | 343.56 | 324.84 |
EBITDA Margin | 85.04% | 85.40% | 84.45% | 84.68% | 84.31% | 84.84% |
D&A For Ebitda | 173.82 | 154.32 | 150.17 | 151.88 | 141.5 | 125.09 |
EBIT | 237.68 | 233.5 | 214.49 | 223.16 | 202.06 | 199.76 |
EBIT Margin | 49.12% | 51.42% | 49.67% | 50.39% | 49.58% | 52.17% |
Funds From Operations (FFO) | 290.3 | 290.3 | 300.68 | 298.62 | 273.73 | 256.21 |
FFO Per Share | - | 1.46 | 1.52 | 1.52 | 1.52 | 1.56 |
Adjusted Funds From Operations (AFFO) | - | 296.28 | 281.99 | 277.73 | 252.17 | 215.96 |
AFFO Per Share | - | 1.49 | 1.43 | 1.41 | 1.40 | 1.31 |
FFO Payout Ratio | 76.68% | 75.36% | 72.09% | 69.49% | 66.21% | 60.29% |
Effective Tax Rate | 0.86% | 1.15% | 0.69% | 0.46% | 0.97% | 1.48% |