Broadstone Net Lease (BNL) EBT Margin (2016 - 2024)
Broadstone Net Lease (BNL) posted quarterly EBT Margin of 3.07% for Q1 2024, down 2656.0% year-over-year from 0.12% in Q2 2023, and down 89.29% quarter-over-quarter from 28.66% in Q3 2023.
Broadstone Net Lease (BNL) EBT Margin (2016 - 2024) Analysis & Trends
Broadstone Net Lease (BNL) has reported EBT Margin for 9 consecutive years, with 3.07% the latest figure, recorded in Q1 2024.
- In Q1 2024, EBT Margin fell 2656.0% year-over-year to 3.07%; the TTM figure through Mar 2024 stood at 23.63% (down 114.0% YoY), while the FY2022 annual figure was 26.85%, down 21.0% from the prior year.
- EBT Margin slipped to 3.07% in Q1 2024 per BNL's latest filing, from 28.66% in the prior quarter.
- Across five years, EBT Margin topped out at 34.86% in Q4 2021 and bottomed at 136.41% in Q1 2020.
- Historically, EBT Margin has averaged 1.43% across 5 years, with a median of 20.14% in 2022.
- Annual changes were most pronounced in 2020 — EBT Margin surged 17755 bps — and 2024, when it plunged 2656 bps.
- Broadstone Net Lease's EBT Margin stood at 47.59% in 2020, then jumped by 173 bps to 34.86% in 2021, then dropped by 29 bps to 24.87% in 2022, then rose by 15 bps to 28.66% in 2023, then plunged by 89 bps to 3.07% in 2024.
- Business Quant data shows BNL's EBT Margin at 3.07% in Q1 2024, 28.66% in Q3 2023, and 28.86% in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.04 Bn | 28.60 Bn | 1.05 Bn | 50.53% |
| 2 | W. P. Carey | 16.30 Bn | 16.30 Bn | 441.59 Mn | 43.11% |
| 3 | Broadstone Net Lease | 4.04 Bn | 4.03 Bn | - | - |
| 4 | Global Net Lease | 1.92 Bn | 1.77 Bn | - | 5.15% |
| 5 | American Assets Trust | 1.39 Bn | 1.39 Bn | - | 5.82% |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | 28.01% |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | -2.90% |
| 8 | Empire State Realty Trust | 821.84 Mn | 821.84 Mn | - | -20.48% |
| 9 | CTO Realty Growth | 768.00 Mn | 768.00 Mn | 32.71 Mn | 37.04% |
| 10 | JBG SMITH Properties | 721.56 Mn | 721.56 Mn | - | -56.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 3.07% |
| Sep 30, 2023 | 28.66% |
| Jun 30, 2023 | 28.86% |
| Mar 31, 2023 | 29.63% |
| Dec 31, 2022 | 24.87% |
| Sep 30, 2022 | 19.81% |
| Jun 30, 2022 | 24.00% |
| Mar 31, 2022 | 30.47% |
| Dec 31, 2021 | 34.86% |
| Sep 30, 2021 | 19.14% |
| Jun 30, 2021 | 20.47% |
| Mar 31, 2021 | 17.25% |
| Dec 31, 2020 | -47.59% |
| Sep 30, 2020 | 2.43% |
| Jun 30, 2020 | -122.44% |
| Mar 31, 2020 | -136.41% |
| Dec 31, 2019 | -45.23% |
| Sep 30, 2019 | -175.12% |
| Jun 30, 2019 | -158.71% |
| Mar 31, 2019 | -147.85% |