Broadstone Net Lease (BNL) FCF Payout Ratio (2016 - 2026)
Broadstone Net Lease's (BNL) FCF Payout Ratio stood at 1.21 in Q2 2026, up 68.1% from 0.72 a year earlier and up 62.3% from the prior quarter.
Broadstone Net Lease (BNL) FCF Payout Ratio (2016 - 2026) Analysis & Trends
On a TTM basis, Broadstone Net Lease's FCF Payout Ratio came in at 0.85 as of Jun 30, 2026, down 2.4% year-over-year; for FY2025, it was 0.81, down 2.9% from FY2024.
- Across earlier years, FCF Payout Ratio came in at 0.84 in FY2024 (-9.5%), 0.92 in FY2023 (+14.4%), 0.81 in FY2022 (+27.2%) and 0.63 in FY2021 (+49.3%).
- The Q2 2026 figure is the highest quarterly FCF Payout Ratio in data going back to Q3 2016.
- On a year-over-year basis, FCF Payout Ratio rose in four of the last eight quarters, with growth averaging 4.7%.
- Peak year-over-year performance for FCF Payout Ratio in the last five years was growth of 68.1% in Q2 2026, against a decline of 26.2% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.75 (Q1 2026), 0.70 (Q4 2025) and 0.90 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | - |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | - |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 0.70 |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 0.71 |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 0.56 |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 0.62 |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 0.69 |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Broadstone Net Lease | 3.55 Bn | 3.53 Bn | - | 1.21 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.21 |
| Mar 31, 2026 | 0.75 |
| Dec 31, 2025 | 0.70 |
| Sep 30, 2025 | 0.90 |
| Jun 30, 2025 | 0.72 |
| Mar 31, 2025 | 0.98 |
| Dec 31, 2024 | 0.95 |
| Sep 30, 2024 | 0.89 |
| Jun 30, 2024 | 0.73 |
| Mar 31, 2024 | 0.80 |
| Dec 31, 2023 | 1.20 |
| Sep 30, 2023 | 0.76 |
| Jun 30, 2023 | 0.95 |
| Mar 31, 2023 | 0.88 |
| Dec 31, 2022 | 0.97 |
| Sep 30, 2022 | 0.60 |
| Jun 30, 2022 | 1.08 |
| Mar 31, 2022 | 0.75 |
| Dec 31, 2021 | 0.72 |
| Sep 30, 2021 | 0.45 |
Broadstone Net Lease FCF Payout Ratio 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-payout-ratio&ticker=BNL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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-payout-ratio&ticker=BNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();