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

Broadstone Net Lease (BNL) reported FCF Margin of 61.55% for Q1 2026, up 901.0% year-over-year from 6.15% in Q1 2025, and down 78.84% quarter-over-quarter 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.

  • FCF Margin for Q1 2026 came in at 61.55%, up 901.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 75.19% (up 8080.0% YoY), and the FY2025 annual result was 52.85%, up 5604.0% from the prior year.
  • FCF Margin eased to 61.55% in Q1 2026 per BNL's latest filing, from 290.85% in the prior quarter.
  • Over five years, FCF Margin peaked at 418.56% in Q3 2022 and troughed at 131.95% in Q2 2024.
  • A 5-year average of 57.67% and a median of 43.02% in 2022 frame the typical range for FCF Margin.
  • On a YoY basis, FCF Margin climbed as much as 39497 bps in 2022 and fell as far as 56980 bps in 2022.
  • A 5-year view of FCF Margin shows it stood at 43.02% in 2022, then decreased by 3 bps to 41.7% in 2023, then advanced by 29 bps to 53.61% in 2024, then jumped by 443 bps to 290.85% in 2025, then sank by 79 bps to 61.55% in 2026.
  • Business Quant data shows BNL's FCF Margin at 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 29.90 Bn 29.42 Bn 1.01 Bn 61.98%
2 Broadstone Net Lease 4.01 Bn 4.11 Bn - 61.55%
3 American Assets Trust 1.48 Bn 1.42 Bn - 20.89%
4 Safehold 1.14 Bn 1.15 Bn 109.54 Mn -7.76%
5 Empire State Realty Trust 973.69 Mn 1.70 Bn - 26.65%
6 JBG SMITH Properties 887.28 Mn 1.38 Bn - -15.54%
7 CTO Realty Growth 676.07 Mn 676.07 Mn 31.01 Mn 26.69%
8 Gladstone Commercial 618.88 Mn 788.92 Mn - 42.74%
9 AH Realty Trust 547.30 Mn 729.64 Mn - 23.85%
10 One Liberty Properties 515.72 Mn 495.45 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 61.55%
Dec 31, 2025 290.85%
Sep 30, 2025 -0.12%
Jun 30, 2025 -59.85%
Mar 31, 2025 52.54%
Dec 31, 2024 53.61%
Sep 30, 2024 -1.73%
Jun 30, 2024 -131.95%
Mar 31, 2024 64.29%
Dec 31, 2023 41.70%
Sep 30, 2023 79.73%
Jun 30, 2023 31.92%
Mar 31, 2023 49.41%
Dec 31, 2022 43.02%
Sep 30, 2022 418.56%
Jun 30, 2022 29.95%
Mar 31, 2022 -43.14%
Dec 31, 2021 612.82%
Sep 30, 2021 23.59%
Jun 30, 2021 54.22%