Broadstone Net Lease (BNL) EBT (2016 - 2024)
Broadstone Net Lease (BNL) posted quarterly EBT of $3.2 million for Q1 2024, down 90.82% year-over-year from $35.3 million in Q2 2023, and down 89.7% quarter-over-quarter from $31.4 million in Q3 2023.
Broadstone Net Lease (BNL) EBT (2016 - 2024) Analysis & Trends
Broadstone Net Lease (BNL) has reported EBT for 9 consecutive years, with $3.2 million the latest figure, recorded in Q1 2024.
- In Q1 2024, EBT fell 90.82% year-over-year to $3.2 million; the TTM figure through Mar 2024 stood at $101.4 million (down 5.35% YoY), while the FY2022 annual figure was $109.4 million, up 5.59% from the prior year.
- EBT fell to $3.2 million in Q1 2024 per BNL's latest filing, from $31.4 million in the prior quarter.
- Across five years, EBT topped out at $35.3 million in Q1 2023 and bottomed at -$106.7 million in Q1 2020.
- Historically, EBT has averaged $2.9 million across 5 years, with a median of $22.0 million in 2021.
- Annual changes were most pronounced in 2021 — EBT surged 1098.78% — and 2024, when it sank 90.82%.
- Broadstone Net Lease's EBT stood at -$39.2 million in 2020, then jumped by 182.47% to $32.3 million in 2021, then retreated by 13.65% to $27.9 million in 2022, then advanced by 12.58% to $31.4 million in 2023, then plunged by 89.7% to $3.2 million in 2024.
- Business Quant data shows BNL's EBT at $3.2 million in Q1 2024, $31.4 million in Q3 2023, and $31.6 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.04 Bn | 28.60 Bn | 1.05 Bn | 534.85 Mn |
| 2 | W. P. Carey | 16.30 Bn | 16.30 Bn | 441.59 Mn | 198.75 Mn |
| 3 | Broadstone Net Lease | 4.04 Bn | 4.03 Bn | - | - |
| 4 | Global Net Lease | 1.92 Bn | 1.77 Bn | - | 5.79 Mn |
| 5 | American Assets Trust | 1.39 Bn | 1.39 Bn | - | 6.37 Mn |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | 32.12 Mn |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | -3.22 Mn |
| 8 | Empire State Realty Trust | 821.84 Mn | 821.84 Mn | - | -40.32 Mn |
| 9 | CTO Realty Growth | 768.00 Mn | 768.00 Mn | 32.71 Mn | 16.23 Mn |
| 10 | JBG SMITH Properties | 721.56 Mn | 721.56 Mn | - | -72.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 3.24 Mn |
| Sep 30, 2023 | 31.40 Mn |
| Jun 30, 2023 | 31.55 Mn |
| Mar 31, 2023 | 35.26 Mn |
| Dec 31, 2022 | 27.89 Mn |
| Sep 30, 2022 | 20.50 Mn |
| Jun 30, 2022 | 23.53 Mn |
| Mar 31, 2022 | 28.59 Mn |
| Dec 31, 2021 | 32.30 Mn |
| Sep 30, 2021 | 23.50 Mn |
| Jun 30, 2021 | 17.35 Mn |
| Mar 31, 2021 | 14.26 Mn |
| Dec 31, 2020 | -39.16 Mn |
| Sep 30, 2020 | 1.96 Mn |
| Jun 30, 2020 | -98.41 Mn |
| Mar 31, 2020 | -106.72 Mn |
| Dec 31, 2019 | -38.41 Mn |
| Sep 30, 2019 | -133.80 Mn |
| Jun 30, 2019 | -109.59 Mn |
| Mar 31, 2019 | -101.18 Mn |