Broadstone Net Lease (BNL) FCF Payout Ratio (2016 - 2026)

Broadstone Net Lease's (BNL) quarterly FCF Payout Ratio came in at 0.75 in Q1 2026, down 27.71% year-on-year from 1.03 in Q1 2025, and up 366.86% on a QoQ basis from 0.16 in Q4 2025.

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

Broadstone Net Lease (BNL) has 11 years of FCF Payout Ratio data on file, last reported at 0.75 in Q1 2026.

  • On a quarterly basis, FCF Payout Ratio fell 27.71% year-over-year to 0.75 in Q1 2026; TTM through Mar 2026 was 0.45, a 53.12% decrease from a year earlier, with the FY2025 full-year figure at 0.91, up 3.33% from the prior year.
  • FCF Payout Ratio for Q1 2026 stood at 0.75, up from 0.16 in the prior quarter.
  • Over the last five years, FCF Payout Ratio for BNL reached as high as 3.99 in Q4 2022 and fell as low as 410.33 in Q3 2025.
  • Historically, FCF Payout Ratio has averaged 23.49 across 5 years, with a median of 0.8 in 2023.
  • Across the five-year window, FCF Payout Ratio surged 8511.94% in 2022 and plunged 43973.79% in 2025, its largest moves.
  • Year by year, FCF Payout Ratio stood at 3.99 in 2022, then sank by 182.33% to 3.29 in 2023, then surged by 135.46% to 1.17 in 2024, then plunged by 86.3% to 0.16 in 2025, then jumped by 366.86% to 0.75 in 2026.
  • Per Business Quant data, the three most recent FCF Payout Ratio figures were 0.75 in Q1 2026, 0.16 in Q4 2025, and 410.33 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Vici Properties 28.12 Bn 27.64 Bn 1.01 Bn 0.77
2 W. P. Carey 16.60 Bn 16.61 Bn 434.82 Mn -0.97
3 Broadstone Net Lease 4.29 Bn 4.40 Bn - 0.75
4 American Assets Trust 1.47 Bn 1.41 Bn - 1.15
5 Safehold 1.15 Bn -2.44 Bn 109.54 Mn -1.48
6 Empire State Realty Trust 930.17 Mn 1.66 Bn - 0.07
7 Cim 917.30 Mn 735.54 Mn - 0.92
8 JBG SMITH Properties 855.38 Mn 1.35 Bn - -0.14
9 CTO Realty Growth 725.13 Mn 725.13 Mn 31.01 Mn 0.02
10 Gladstone Commercial 618.64 Mn 788.68 Mn - 0.98

Historic Data

Download Data
DateValue
Mar 31, 2026 0.75
Dec 31, 2025 0.16
Sep 30, 2025 -410.33
Jun 30, 2025 0.75
Mar 31, 2025 1.03
Dec 31, 2024 1.17
Sep 30, 2024 0.94
Jun 30, 2024 0.78
Mar 31, 2024 0.85
Dec 31, 2023 -3.29
Sep 30, 2023 0.80
Jun 30, 2023 1.02
Mar 31, 2023 0.93
Dec 31, 2022 3.99
Sep 30, 2022 0.64
Jun 30, 2022 1.69
Mar 31, 2022 -1.19
Dec 31, 2021 0.05
Sep 30, 2021 1.50
Jun 30, 2021 2.64