Broadstone Net Lease Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	442.89	407.51	382.88	321.64	298.82	237.48	181.56	142.87	98.09	68.15
Revenue Growth (YoY)	8.68%	6.43%	19.04%	7.64%	25.83%	30.80%	27.08%	45.66%	43.92%	-
Cost of Revenue	181.2	176.58	150.56	153.9	154.93	119.85	88.51	65.12	42.51	27.73
Gross Profit	261.69	230.93	232.32	167.74	143.89	117.63	93.05	77.75	55.58	40.42
Selling, General & Admin	39.43	37.38	36.37	27.99	5.46	6.16	4.94	2.79	3.12	1.93
Other Operating Expenses	31.27	5.54	28.21	19.08	3.45	2.06	2.61	11.33	10.08	6.5
Operating Expenses	70.7	42.91	64.57	47.07	8.91	8.22	7.55	14.12	13.19	8.42
Operating Income	190.99	188.02	167.75	120.67	134.98	109.4	85.51	63.64	42.38	32
Interest Expense / Income	80.05	78.65	64.15	76.14	72.53	52.86	34.75	29.96	22.61	18.06
Other Expense / Income	-45.31	-14.02	-0.47	-7.59	-19.36	-13.68	-4.67	-2.68	0.49	-1.83
Pretax Income	156.24	123.39	104.07	52.12	81.81	70.23	55.42	36.35	19.29	15.78
Income Tax	0.76	1.28	1.64	0.94	2.42	0.86	0.62	0	0	0
Net Income	155.48	122.12	102.43	51.18	79.39	69.38	54.8	36.35	19.29	15.78
Net Income Growth	27.32%	19.22%	100.13%	-35.54%	14.44%	26.60%	50.74%	88.49%	22.26%	-
Shares Outstanding (Basic)	187	170	153	117	96	81	68	53	36	24
Shares Outstanding (Diluted)	196	180	164	129	103	88	74	58	39	27
Shares Change	8.94%	9.90%	27.31%	25.21%	17.37%	18.01%	27.20%	49.93%	46.69%	-
EPS (Basic)	0.83	0.72	0.67	0.44	0.83	0.86	0.80	0.69	0.54	0.65
EPS (Diluted)	0.83	0.72	0.67	0.44	0.83	0.86	0.80	0.69	0.54	0.65
EPS Growth	15.28%	7.46%	52.27%	-46.99%	-3.49%	7.23%	16.23%	28.49%	-17.00%	-
Free Cash Flow	295.41	-603.73	-337.37	149.65	-684.35	-400.95	-513.9	-400.46	-445.83	-161.71
Free Cash Flow Per Share	1.58	-3.56	-2.20	1.28	-7.13	-4.95	-7.52	-7.60	-12.40	-6.63
Dividend Per Share	0.835	1.080	1.025	0.385	-	-	-	-	-	-
Dividend Growth	-22.69%	5.37%	166.23%	-	-	-	-	-	-	-
Gross Margin	59.09%	56.67%	60.68%	52.15%	48.15%	49.53%	51.25%	54.42%	56.66%	59.31%
Operating Margin	43.12%	46.14%	43.81%	37.52%	45.17%	46.07%	47.09%	44.54%	43.21%	46.96%
Profit Margin	35.11%	29.97%	26.75%	15.91%	26.57%	29.21%	30.18%	25.45%	19.66%	23.15%
Free Cash Flow Margin	66.70%	-148.15%	-88.11%	46.53%	-229.02%	-168.84%	-283.04%	-280.30%	-454.53%	-237.28%
Effective Tax Rate	0.49%	1.03%	1.58%	1.80%	2.95%	1.22%	1.13%	-	-	-
EBITDA	389.08	352.04	297.1	259.83	259.75	206.78	152.93	112.16	70.71	53.03
EBITDA Margin	87.85%	86.39%	77.60%	80.78%	86.93%	87.07%	84.23%	78.50%	72.09%	77.81%
Depreciation & Amortization	152.78	150	128.89	131.57	105.41	83.69	62.76	45.84	28.82	19.2
EBIT	236.29	202.04	168.22	128.26	154.34	123.09	90.17	66.32	41.89	33.83
EBIT Margin	53.35%	49.58%	43.93%	39.88%	51.65%	51.83%	49.67%	46.42%	42.71%	49.64%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).