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| Date | Value |
|---|---|
| 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% |