Broadstone Net Lease (BNL) EBITDA Margin (2016 - 2026)
Broadstone Net Lease (BNL) reported EBITDA Margin of 40.37% for Q1 2026, up 4249.0% year-over-year from 0.93% in Q1 2025, and up 39.73% quarter-over-quarter from 28.89% in Q4 2025.
Broadstone Net Lease (BNL) EBITDA Margin (2016 - 2026) Analysis & Trends
Broadstone Net Lease (BNL) has 11 years of EBITDA Margin data on file, last reported at 40.37% in Q1 2026.
- EBITDA Margin for Q1 2026 came in at 40.37%, up 4249.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 26.03% (up 614.0% YoY), and the FY2025 annual result was 15.26%, down 2395.0% from the prior year.
- EBITDA Margin advanced to 40.37% in Q1 2026 per BNL's latest filing, from 28.89% in the prior quarter.
- Over five years, EBITDA Margin peaked at 72.64% in Q1 2024 and troughed at 16.75% in Q4 2023.
- A 5-year average of 32.49% and a median of 32.1% in 2024 frame the typical range for EBITDA Margin.
- The sharpest annual moves came in 2024 and 2025: EBITDA Margin jumped 6942 bps in 2024, then sank 7476 bps in 2025.
- A 5-year view of EBITDA Margin shows it stood at 28.71% in 2022, then slumped by 158 bps to 16.75% in 2023, then surged by 414 bps to 52.67% in 2024, then plunged by 45 bps to 28.89% in 2025, then soared by 40 bps to 40.37% in 2026.
- Business Quant data shows BNL's EBITDA Margin at 40.37% in Q1 2026, 28.89% in Q4 2025, and 24.69% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.90 Bn | 29.42 Bn | 1.01 Bn | 86.77% |
| 2 | Broadstone Net Lease | 4.01 Bn | 4.11 Bn | - | 40.37% |
| 3 | American Assets Trust | 1.48 Bn | 1.42 Bn | - | 2.45% |
| 4 | Safehold | 1.14 Bn | 1.15 Bn | 109.54 Mn | 23.05% |
| 5 | Empire State Realty Trust | 973.69 Mn | 1.70 Bn | - | 15.48% |
| 6 | JBG SMITH Properties | 887.28 Mn | 1.38 Bn | - | 9.80% |
| 7 | CTO Realty Growth | 676.07 Mn | 676.07 Mn | 31.01 Mn | 25.00% |
| 8 | Gladstone Commercial | 618.88 Mn | 788.92 Mn | - | 23.14% |
| 9 | AH Realty Trust | 547.30 Mn | 729.64 Mn | - | -43.98% |
| 10 | One Liberty Properties | 515.72 Mn | 495.45 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.37% |
| Dec 31, 2025 | 28.89% |
| Sep 30, 2025 | 24.69% |
| Jun 30, 2025 | 8.97% |
| Mar 31, 2025 | -2.12% |
| Dec 31, 2024 | 52.67% |
| Sep 30, 2024 | -3.90% |
| Jun 30, 2024 | 32.10% |
| Mar 31, 2024 | 72.64% |
| Dec 31, 2023 | -16.75% |
| Sep 30, 2023 | 57.93% |
| Jun 30, 2023 | 49.66% |
| Mar 31, 2023 | 19.16% |
| Dec 31, 2022 | 28.71% |
| Sep 30, 2022 | 63.29% |
| 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% |