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