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