Broadstone Net Lease (BNL) EBITDA (2016 - 2026)
Broadstone Net Lease (BNL) reported EBITDA of $49.0 million for Q1 2026, up 2229.19% year-over-year from $2.1 million in Q1 2025, and up 43.4% quarter-over-quarter from $34.2 million in Q4 2025.
Broadstone Net Lease (BNL) EBITDA (2016 - 2026) Analysis & Trends
Broadstone Net Lease (BNL) has 11 years of EBITDA data on file, last reported at $49.0 million in Q1 2026.
- EBITDA for Q1 2026 came in at $49.0 million, up 2229.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $121.5 million (up 40.43% YoY), and the FY2025 annual result was $69.3 million, down 59.06% from the prior year.
- EBITDA grew to $49.0 million in Q1 2026 per BNL's latest filing, from $34.2 million in the prior quarter.
- Over five years, EBITDA peaked at $76.5 million in Q1 2024 and troughed at -$17.6 million in Q4 2023.
- A 5-year average of $35.1 million and a median of $34.2 million in 2025 frame the typical range for EBITDA.
- The sharpest annual moves came in 2023 and 2026: EBITDA slumped 154.64% in 2023, then jumped 2229.19% in 2026.
- A 5-year view of EBITDA shows it stood at $32.2 million in 2022, then sank by 154.64% to -$17.6 million in 2023, then surged by 435.75% to $59.1 million in 2024, then slumped by 42.13% to $34.2 million in 2025, then soared by 43.4% to $49.0 million in 2026.
- Business Quant data shows BNL's EBITDA at $49.0 million in Q1 2026, $34.2 million in Q4 2025, and $28.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.26 Bn | 28.78 Bn | 1.01 Bn | 883.75 Mn |
| 2 | Broadstone Net Lease | 3.95 Bn | 4.05 Bn | - | 49.01 Mn |
| 3 | American Assets Trust | 1.46 Bn | 1.40 Bn | - | 2.69 Mn |
| 4 | Safehold | 1.13 Bn | 1.14 Bn | 109.54 Mn | 25.55 Mn |
| 5 | Empire State Realty Trust | 916.51 Mn | 1.65 Bn | - | 29.46 Mn |
| 6 | JBG SMITH Properties | 880.19 Mn | 1.38 Bn | - | 12.51 Mn |
| 7 | CTO Realty Growth | 672.82 Mn | 672.82 Mn | 31.01 Mn | 10.29 Mn |
| 8 | Gladstone Commercial | 608.72 Mn | 778.76 Mn | - | 9.70 Mn |
| 9 | AH Realty Trust | 540.92 Mn | 723.25 Mn | - | -23.01 Mn |
| 10 | One Liberty Properties | 510.56 Mn | 490.30 Mn | - | 13.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 49.01 Mn |
| Dec 31, 2025 | 34.18 Mn |
| Sep 30, 2025 | 28.19 Mn |
| Jun 30, 2025 | 10.14 Mn |
| Mar 31, 2025 | -2.30 Mn |
| Dec 31, 2024 | 59.06 Mn |
| Sep 30, 2024 | -4.22 Mn |
| Jun 30, 2024 | 34.00 Mn |
| Mar 31, 2024 | 76.54 Mn |
| Dec 31, 2023 | -17.59 Mn |
| Sep 30, 2023 | 63.46 Mn |
| Jun 30, 2023 | 54.30 Mn |
| Mar 31, 2023 | 22.80 Mn |
| Dec 31, 2022 | 32.19 Mn |
| Sep 30, 2022 | 65.52 Mn |
| Jun 30, 2022 | 46.63 Mn |
| Mar 31, 2022 | 45.49 Mn |
| Dec 31, 2021 | 49.29 Mn |
| Sep 30, 2021 | 46.05 Mn |
| Jun 30, 2021 | 39.07 Mn |