Broadstone Net Lease (BNL) Cost of Revenue (2017 - 2024)
Broadstone Net Lease (BNL) reported Cost of Revenue of $3.2 million for Q1 2024, up 121.79% year-over-year from $1.5 million in Q2 2023, and up 137.53% quarter-over-quarter from $1.4 million in Q3 2023.
Broadstone Net Lease (BNL) Cost of Revenue (2017 - 2024) Analysis & Trends
Broadstone Net Lease (BNL) has 8 years of Cost of Revenue data on file, last reported at $3.2 million in Q1 2024.
- Cost of Revenue for Q1 2024 came in at $3.2 million, up 121.79% year-over-year; the trailing twelve-month figure through Mar 2024 was $7.6 million (up 499.45% YoY), and the FY2020 annual result was $1.3 million, down 94.17% from the prior year.
- Cost of Revenue grew to $3.2 million in Q1 2024 per BNL's latest filing, from $1.4 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $3.2 million in Q1 2024 and troughed at -$3.3 million in Q4 2021.
- A 5-year average of $481714.3 and a median of $584000.0 in 2021 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2021 and 2023: Cost of Revenue tumbled 177.99% in 2021, then soared 1154.13% in 2023.
- A 5-year view of Cost of Revenue shows it stood at -$1.2 million in 2020, then plunged by 177.99% to -$3.3 million in 2021, then jumped by 75.49% to -$808000.0 in 2022, then soared by 269.18% to $1.4 million in 2023, then jumped by 137.53% to $3.2 million in 2024.
- Business Quant data shows BNL's Cost of Revenue at $3.2 million in Q1 2024, $1.4 million in Q3 2023, and $1.5 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 30.43 Bn | 29.95 Bn | 1.01 Bn | 6.47 Mn |
| 2 | Broadstone Net Lease | 4.04 Bn | 4.13 Bn | - | - |
| 3 | American Assets Trust | 1.49 Bn | 1.43 Bn | - | - |
| 4 | Safehold | 1.13 Bn | 1.15 Bn | 109.54 Mn | 1.31 Mn |
| 5 | Empire State Realty Trust | 951.50 Mn | 1.68 Bn | - | - |
| 6 | JBG SMITH Properties | 866.01 Mn | 1.36 Bn | - | - |
| 7 | CTO Realty Growth | 684.69 Mn | 684.69 Mn | 31.01 Mn | 10.17 Mn |
| 8 | Gladstone Commercial | 616.95 Mn | 786.99 Mn | - | - |
| 9 | AH Realty Trust | 547.70 Mn | 730.03 Mn | - | - |
| 10 | One Liberty Properties | 519.61 Mn | 499.35 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 3.25 Mn |
| Mar 31, 2024 | 3.25 Mn |
| Sep 30, 2023 | 1.37 Mn |
| Sep 30, 2023 | 1.37 Mn |
| Jun 30, 2023 | 1.55 Mn |
| Jun 30, 2023 | 1.55 Mn |
| Mar 31, 2023 | 1.46 Mn |
| Mar 31, 2023 | 1.46 Mn |
| Dec 31, 2022 | -808,000.00 |
| Dec 31, 2022 | -808,000.00 |
| Sep 30, 2022 | 109,000.00 |
| Sep 30, 2022 | 109,000.00 |
| Jun 30, 2022 | 507,000.00 |
| Jun 30, 2022 | 507,000.00 |
| Mar 31, 2022 | 192,000.00 |
| Mar 31, 2022 | 192,000.00 |
| Dec 31, 2021 | -3.30 Mn |
| Dec 31, 2021 | -3.30 Mn |
| Sep 30, 2021 | 661,000.00 |
| Sep 30, 2021 | 661,000.00 |