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

Broadstone Net Lease's (BNL) quarterly EBITDA Margin came in at 21.69% in Q1 2024, down 2703.0% year-on-year from 0.83% in Q2 2023, and down 55.83% on a QoQ basis from 49.11% in Q3 2023.

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

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

  • On a quarterly basis, EBITDA Margin fell 2703.0% year-over-year to 21.69% in Q1 2024; TTM through Mar 2024 was 44.01%, a 233.0% decrease from a year earlier, with the FY2022 full-year figure at 46.14%, up 233.0% from the prior year.
  • EBITDA Margin for Q1 2024 stood at 21.69%, down from 49.11% in the prior quarter.
  • Over the last five years, EBITDA Margin for BNL reached as high as 53.2% in Q4 2021 and fell as low as 21.69% in Q1 2024.
  • Historically, EBITDA Margin has averaged 42.52% across 5 years, with a median of 45.02% in 2020.
  • Across the five-year window, EBITDA Margin surged 920 bps in 2021 and plunged 2703 bps in 2024, its largest moves.
  • Year by year, EBITDA Margin stood at 44.01% in 2020, then increased by 21 bps to 53.2% in 2021, then slipped by 13 bps to 46.04% in 2022, then gained by 7 bps to 49.11% in 2023, then plunged by 56 bps to 21.69% in 2024.
  • Per Business Quant data, the three most recent EBITDA Margin figures were 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) EBITDA Margin (Qtr)
1 Vici Properties 28.12 Bn 27.64 Bn 1.01 Bn 97.80%
2 W. P. Carey 16.60 Bn 16.61 Bn 434.82 Mn 39.54%
3 Broadstone Net Lease 4.29 Bn 4.40 Bn - -
4 American Assets Trust 1.47 Bn 1.41 Bn - 21.09%
5 Safehold 1.15 Bn -2.44 Bn 109.54 Mn 23.05%
6 Empire State Realty Trust 930.17 Mn 1.66 Bn - 15.48%
7 Cim 917.30 Mn 735.54 Mn - -
8 JBG SMITH Properties 855.38 Mn 1.35 Bn - 47.74%
9 CTO Realty Growth 725.13 Mn 725.13 Mn 31.01 Mn 25.00%
10 Gladstone Commercial 618.64 Mn 788.68 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 37.15%
Jun 30, 2021 46.10%
Mar 31, 2021 42.00%
Dec 31, 2020 44.01%
Sep 30, 2020 28.26%
Jun 30, 2020 37.36%
Mar 31, 2020 38.23%
Dec 31, 2019 56.04%
Sep 30, 2019 35.45%
Jun 30, 2019 38.45%
Mar 31, 2019 37.24%