Broadstone Net Lease (BNL) EBIT Margin (2016 - 2024)

Broadstone Net Lease (BNL) reported EBIT Margin of 21.69% for Q1 2024, down 2703.0% year-over-year from 0.83% in Q2 2023, and down 55.83% quarter-over-quarter from 49.11% in Q3 2023.

Broadstone Net Lease (BNL) EBIT Margin (2016 - 2024) Analysis & Trends

Broadstone Net Lease (BNL) has 9 years of EBIT Margin data on file, last reported at 21.69% in Q1 2024.

  • EBIT Margin for Q1 2024 came in at 21.69%, down 2703.0% year-over-year; the trailing twelve-month figure through Mar 2024 was 44.01% (down 233.0% YoY), and the FY2022 annual result was 46.14%, up 233.0% from the prior year.
  • EBIT Margin fell to 21.69% in Q1 2024 per BNL's latest filing, from 49.11% in the prior quarter.
  • Over five years, EBIT Margin peaked at 53.2% in Q4 2021 and troughed at 21.69% in Q1 2024.
  • A 5-year average of 42.63% and a median of 45.74% in 2022 frame the typical range for EBIT Margin.
  • The sharpest annual moves came in 2021 and 2024: EBIT Margin surged 925 bps in 2021, then slumped 2703 bps in 2024.
  • A 5-year view of EBIT Margin shows it stood at 45.45% in 2020, then climbed by 17 bps to 53.2% in 2021, then fell by 13 bps to 46.04% in 2022, then grew by 7 bps to 49.11% in 2023, then tumbled by 56 bps to 21.69% in 2024.
  • Business Quant data shows BNL's EBIT Margin at 21.69% in Q1 2024, 49.11% in Q3 2023, and 49.66% in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Vici Properties 29.26 Bn 28.78 Bn 1.01 Bn 97.70%
2 Broadstone Net Lease 3.95 Bn 4.05 Bn - -
3 American Assets Trust 1.46 Bn 1.40 Bn - 21.09%
4 Safehold 1.13 Bn 1.14 Bn 109.54 Mn 23.05%
5 Empire State Realty Trust 916.51 Mn 1.65 Bn - 15.48%
6 JBG SMITH Properties 880.19 Mn 1.38 Bn - 9.80%
7 CTO Realty Growth 672.82 Mn 672.82 Mn 31.01 Mn 25.00%
8 Gladstone Commercial 608.72 Mn 778.76 Mn - -
9 AH Realty Trust 540.92 Mn 723.25 Mn - 22.22%
10 One Liberty Properties 510.56 Mn 490.30 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2024 21.69%
Sep 30, 2023 49.11%
Jun 30, 2023 49.66%
Mar 31, 2023 48.72%
Dec 31, 2022 46.04%
Sep 30, 2022 42.77%
Jun 30, 2022 47.58%
Mar 31, 2022 48.47%
Dec 31, 2021 53.20%
Sep 30, 2021 37.51%
Jun 30, 2021 46.10%
Mar 31, 2021 42.00%
Dec 31, 2020 45.45%
Sep 30, 2020 28.26%
Jun 30, 2020 37.36%
Mar 31, 2020 38.23%
Dec 31, 2019 40.02%
Sep 30, 2019 40.05%
Jun 30, 2019 43.35%
Mar 31, 2019 37.24%