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| Date | Value |
|---|---|
| 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% |