Broadstone Net Lease (BNL) FCF Payout Ratio (2016 - 2026)
Broadstone Net Lease (BNL) posted quarterly FCF Payout Ratio of 1.83 for Q2 2026, up 314.02% year-over-year from 0.44 in Q2 2025, and up 176.07% quarter-over-quarter from 2.41 in Q1 2026.
Broadstone Net Lease (BNL) FCF Payout Ratio (2016 - 2026) Analysis & Trends
Broadstone Net Lease (BNL) has reported FCF Payout Ratio for 11 consecutive years, with 1.83 the latest figure, recorded in Q2 2026.
- In Q2 2026, FCF Payout Ratio rose 314.02% year-over-year to 1.83; the TTM figure through Jun 2026 stood at 0.69 (down 86.37% YoY), while the FY2025 annual figure was 0.96, up 105.77% from the prior year.
- FCF Payout Ratio grew to 1.83 in Q2 2026 per BNL's latest filing, from 2.41 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 1.83 in Q2 2026 and bottomed at 410.33 in Q3 2025.
- Historically, FCF Payout Ratio has averaged 24.13 across 5 years, with a median of 0.47 in 2025.
- Annual changes were most pronounced in 2023 — FCF Payout Ratio jumped 940.46% — and 2024, when it tumbled 4161.91%.
- Broadstone Net Lease's FCF Payout Ratio stood at 0.11 in 2022, then surged by 940.46% to 1.14 in 2023, then fell by 2.61% to 1.11 in 2024, then tumbled by 82.71% to 0.19 in 2025, then surged by 850.58% to 1.83 in 2026.
- Business Quant data shows BNL's FCF Payout Ratio at 1.83 in Q2 2026, 2.41 in Q1 2026, and 0.19 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.92 Bn | 28.48 Bn | 1.05 Bn | -1.60 |
| 2 | W. P. Carey | 16.08 Bn | 16.08 Bn | 441.59 Mn | 0.84 |
| 3 | Broadstone Net Lease | 4.01 Bn | 4.00 Bn | - | 1.83 |
| 4 | Global Net Lease | 1.91 Bn | 1.76 Bn | - | 0.62 |
| 5 | American Assets Trust | 1.38 Bn | 1.38 Bn | - | - |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | 0.37 |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | 1.12 |
| 8 | Empire State Realty Trust | 826.12 Mn | 826.12 Mn | - | -0.94 |
| 9 | CTO Realty Growth | 764.50 Mn | 764.50 Mn | 32.71 Mn | 1.28 |
| 10 | JBG SMITH Properties | 729.72 Mn | 729.72 Mn | - | 15.39 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.83 |
| Mar 31, 2026 | -2.41 |
| Dec 31, 2025 | 0.19 |
| Sep 30, 2025 | -410.33 |
| Jun 30, 2025 | -0.86 |
| Mar 31, 2025 | 1.03 |
| Dec 31, 2024 | 1.11 |
| Sep 30, 2024 | -30.02 |
| Jun 30, 2024 | -0.41 |
| Mar 31, 2024 | 0.85 |
| Dec 31, 2023 | 1.14 |
| Sep 30, 2023 | 0.74 |
| Jun 30, 2023 | 1.59 |
| Mar 31, 2023 | 0.93 |
| Dec 31, 2022 | 0.11 |
| Sep 30, 2022 | -0.39 |
| Jun 30, 2022 | 1.69 |
| Mar 31, 2022 | -1.19 |
| Dec 31, 2021 | 0.10 |
| Sep 30, 2021 | 1.50 |