Broadstone Net Lease (BNL) FCF Margin (2016 - 2026)
Broadstone Net Lease's FCF Margin came in at 37.91% for Q2 2026, down 29.95 percentage points from 67.86% a year earlier and down 23.64 percentage points from the prior quarter.
Broadstone Net Lease (BNL) FCF Margin (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Broadstone Net Lease reported FCF Margin of 53.99%, down 2.88 percentage points year-over-year; for FY2025, it came in at 59.41%, down 0.68 percentage points from FY2024.
- FCF Margin carries a five-year change of +7.11 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 60.09% in FY2024 (+9.32 pp), 50.76% in FY2023 (-4.34 pp), 55.10% in FY2022 (-8.46 pp) and 63.56% in FY2021 (+11.25 pp).
- The Q2 2026 figure represents the lowest quarterly FCF Margin in data going back to Q3 2016.
- Year-over-year, FCF Margin increased in three of the last eight quarters, with an average year-over-year change of -2.72 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q2 2024 (a gain of 20.29 percentage points), and the weakest in Q2 2026 (a drop of 29.95 percentage points).
- Business Quant data shows BNL's FCF Margin at 61.55% (Q1 2026), 65.92% (Q4 2025) and 50.82% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 19.31% |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 52.96% |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 70.29% |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 65.90% |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 26.29% |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 63.45% |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 66.74% |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Broadstone Net Lease | 3.55 Bn | 3.53 Bn | - | 37.91% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.91% |
| Mar 31, 2026 | 61.55% |
| Dec 31, 2025 | 65.92% |
| Sep 30, 2025 | 50.82% |
| 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 | 42.18% |
| Mar 31, 2022 | 62.15% |
| Dec 31, 2021 | 62.04% |
| Sep 30, 2021 | 71.83% |
Broadstone Net Lease FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=BNL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "BNL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=BNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();