Broadstone Net Lease (BNL) FCF Margin (2016 - 2026)

Broadstone Net Lease's (BNL) quarterly FCF Margin came in at 61.55% in Q1 2026, up 901.0% year-on-year from 6.15% in Q1 2025, and down 78.84% on a QoQ basis from 290.85% in Q4 2025.

Broadstone Net Lease (BNL) FCF Margin (2016 - 2026) Analysis & Trends

Broadstone Net Lease (BNL) has 11 years of FCF Margin data on file, last reported at 61.55% in Q1 2026.

  • On a quarterly basis, FCF Margin rose 901.0% year-over-year to 61.55% in Q1 2026; TTM through Mar 2026 was 106.1%, a 4891.0% increase from a year earlier, with the FY2025 full-year figure at 52.85%, down 724.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 61.55%, down from 290.85% in the prior quarter.
  • Over the last five years, FCF Margin for BNL reached as high as 290.85% in Q4 2025 and fell as low as 43.14% in Q1 2022.
  • Historically, FCF Margin has averaged 60.02% across 5 years, with a median of 52.54% in 2025.
  • Across the five-year window, FCF Margin plunged 8865 bps in 2022 and soared 23960 bps in 2025, its largest moves.
  • Year by year, FCF Margin stood at 43.02% in 2022, then declined by 3 bps to 41.7% in 2023, then rose by 23 bps to 51.25% in 2024, then surged by 467 bps to 290.85% in 2025, then slumped by 79 bps to 61.55% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 61.55% in Q1 2026, 290.85% in Q4 2025, and 0.12% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Vici Properties 28.12 Bn 27.64 Bn 1.01 Bn 61.98%
2 W. P. Carey 16.60 Bn 16.61 Bn 434.82 Mn -46.53%
3 Broadstone Net Lease 4.29 Bn 4.40 Bn - 61.55%
4 American Assets Trust 1.47 Bn 1.41 Bn - 20.89%
5 Safehold 1.15 Bn -2.44 Bn 109.54 Mn -7.76%
6 Empire State Realty Trust 930.17 Mn 1.66 Bn - 26.65%
7 Cim 917.30 Mn 735.54 Mn - 33.12%
8 JBG SMITH Properties 855.38 Mn 1.35 Bn - -19.25%
9 CTO Realty Growth 725.13 Mn 725.13 Mn 31.01 Mn 26.69%
10 Gladstone Commercial 618.64 Mn 788.68 Mn - 42.74%

Historic Data

Download Data
DateValue
Mar 31, 2026 61.55%
Dec 31, 2025 290.85%
Sep 30, 2025 -0.12%
Jun 30, 2025 67.86%
Mar 31, 2025 52.54%
Dec 31, 2024 51.25%
Sep 30, 2024 55.59%
Jun 30, 2024 69.87%
Mar 31, 2024 64.29%
Dec 31, 2023 41.70%
Sep 30, 2023 62.10%
Jun 30, 2023 49.58%
Mar 31, 2023 49.41%
Dec 31, 2022 43.02%
Sep 30, 2022 74.02%
Jun 30, 2022 29.95%
Mar 31, 2022 -43.14%
Dec 31, 2021 62.04%
Sep 30, 2021 23.59%
Jun 30, 2021 19.45%