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