Broadstone Net Lease (BNL) EBITDA Margin (2016 - 2024)
Broadstone Net Lease (BNL) posted quarterly EBITDA Margin of 21.69% for Q1 2024, down 2703.0% year-over-year from 0.83% in Q2 2023, and down 55.83% quarter-over-quarter from 49.11% in Q3 2023.
Broadstone Net Lease (BNL) EBITDA Margin (2016 - 2024) Analysis & Trends
Broadstone Net Lease (BNL) has reported EBITDA Margin for 9 consecutive years, with 21.69% the latest figure, recorded in Q1 2024.
- In Q1 2024, EBITDA Margin fell 2703.0% year-over-year to 21.69%; the TTM figure through Mar 2024 stood at 44.01% (down 233.0% YoY), while the FY2022 annual figure was 46.14%, up 233.0% from the prior year.
- EBITDA Margin eased to 21.69% in Q1 2024 per BNL's latest filing, from 49.11% in the prior quarter.
- Across five years, EBITDA Margin topped out at 53.2% in Q4 2021 and bottomed at 21.69% in Q1 2024.
- Historically, EBITDA Margin has averaged 42.41% across 5 years, with a median of 45.18% in 2020.
- Annual changes were most pronounced in 2021 — EBITDA Margin soared 936 bps — and 2024, when it slumped 2703 bps.
- Broadstone Net Lease's EBITDA Margin stood at 44.33% in 2020, then advanced by 20 bps to 53.2% in 2021, then retreated by 13 bps to 46.04% in 2022, then increased by 7 bps to 49.11% in 2023, then plunged by 56 bps to 21.69% in 2024.
- Business Quant data shows BNL's EBITDA Margin at 21.69% in Q1 2024, 49.11% in Q3 2023, and 49.66% in Q2 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.04 Bn | 28.60 Bn | 1.05 Bn | 69.58% |
| 2 | W. P. Carey | 16.30 Bn | 16.30 Bn | 441.59 Mn | 49.35% |
| 3 | Broadstone Net Lease | 4.04 Bn | 4.03 Bn | - | - |
| 4 | Global Net Lease | 1.92 Bn | 1.77 Bn | - | 73.44% |
| 5 | American Assets Trust | 1.39 Bn | 1.39 Bn | - | 24.02% |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | 24.65% |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | 4.35% |
| 8 | Empire State Realty Trust | 821.84 Mn | 821.84 Mn | - | -70.45% |
| 9 | CTO Realty Growth | 768.00 Mn | 768.00 Mn | 32.71 Mn | 52.59% |
| 10 | JBG SMITH Properties | 721.56 Mn | 721.56 Mn | - | 47.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 44.33% |
| Sep 30, 2020 | 28.26% |
| Jun 30, 2020 | 36.74% |
| Mar 31, 2020 | 36.72% |
| Dec 31, 2019 | 40.02% |
| Sep 30, 2019 | 35.45% |
| Jun 30, 2019 | 38.45% |
| Mar 31, 2019 | 37.24% |