Broadstone Net Lease (BNL) EBITDA (2016 - 2024)

Broadstone Net Lease's (BNL) quarterly EBITDA came in at $22.9 million in Q1 2024, down 60.57% year-on-year from $58.0 million in Q2 2023, and down 57.51% on a QoQ basis from $53.8 million in Q3 2023.

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

Broadstone Net Lease (BNL) has 9 years of EBITDA data on file, last reported at $22.9 million in Q1 2024.

  • On a quarterly basis, EBITDA fell 60.57% year-over-year to $22.9 million in Q1 2024; TTM through Mar 2024 was $188.9 million, a 5.78% decrease from a year earlier, with the FY2022 full-year figure at $188.0 million, up 12.09% from the prior year.
  • EBITDA for Q1 2024 stood at $22.9 million, down from $53.8 million in the prior quarter.
  • Over the last five years, EBITDA for BNL reached as high as $58.0 million in Q1 2023 and fell as low as $22.8 million in Q3 2020.
  • Historically, EBITDA has averaged $41.5 million across 5 years, with a median of $44.9 million in 2022.
  • Across the five-year window, EBITDA soared 99.87% in 2021 and sank 60.57% in 2024, its largest moves.
  • Year by year, EBITDA stood at $36.2 million in 2020, then soared by 36.11% to $49.3 million in 2021, then grew by 4.73% to $51.6 million in 2022, then rose by 4.2% to $53.8 million in 2023, then plunged by 57.51% to $22.9 million in 2024.
  • Per Business Quant data, the three most recent EBITDA figures were $22.9 million in Q1 2024, $53.8 million in Q3 2023, and $54.3 million in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Vici Properties 28.12 Bn 27.64 Bn 1.01 Bn 996.08 Mn
2 W. P. Carey 16.60 Bn 16.61 Bn 434.82 Mn 179.72 Mn
3 Broadstone Net Lease 4.29 Bn 4.40 Bn - -
4 American Assets Trust 1.47 Bn 1.41 Bn - 23.22 Mn
5 Safehold 1.15 Bn -2.44 Bn 109.54 Mn 25.55 Mn
6 Empire State Realty Trust 930.17 Mn 1.66 Bn - 29.46 Mn
7 Cim 917.30 Mn 735.54 Mn - -
8 JBG SMITH Properties 855.38 Mn 1.35 Bn - 60.92 Mn
9 CTO Realty Growth 725.13 Mn 725.13 Mn 31.01 Mn 10.29 Mn
10 Gladstone Commercial 618.64 Mn 788.68 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2024 22.86 Mn
Sep 30, 2023 53.79 Mn
Jun 30, 2023 54.30 Mn
Mar 31, 2023 57.97 Mn
Dec 31, 2022 51.62 Mn
Sep 30, 2022 44.28 Mn
Jun 30, 2022 46.63 Mn
Mar 31, 2022 45.49 Mn
Dec 31, 2021 49.29 Mn
Sep 30, 2021 45.61 Mn
Jun 30, 2021 39.07 Mn
Mar 31, 2021 34.74 Mn
Dec 31, 2020 36.21 Mn
Sep 30, 2020 22.82 Mn
Jun 30, 2020 30.03 Mn
Mar 31, 2020 29.91 Mn
Dec 31, 2019 47.60 Mn
Sep 30, 2019 27.09 Mn
Jun 30, 2019 26.55 Mn
Mar 31, 2019 25.49 Mn