Broadstone Net Lease (BNL) Gross Margin (2017 - 2024)
Broadstone Net Lease's (BNL) quarterly Gross Margin came in at 96.92% in Q1 2024, down 185.0% year-over-year from 114.02% in Q2 2023, and down 1.86% quarter-over-quarter from 98.75% in Q3 2023.
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Broadstone Net Lease (BNL) Gross Margin (2017 - 2024) Analysis & Trends
Broadstone Net Lease (BNL) has reported Gross Margin for 8 consecutive years, with 96.92% the latest figure, recorded in Q1 2024.
- On a quarterly basis, Gross Margin fell 185.0% year-over-year to 96.92% in Q1 2024; TTM through Mar 2024 was 101.99%, a 228.0% increase from a year earlier, with the FY2022 full-year figure at 100.0%, changed 0.0% from the prior year.
- Gross Margin was 96.92% for Q1 2024 at Broadstone Net Lease, down from 98.75% in the prior quarter.
- Over five years, Gross Margin peaked at 103.56% in Q4 2021 and troughed at 10950.0% in Q2 2023.
- A 5-year average of 591.15% and a median of 99.42% in 2020 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 717 bps in 2020 and slumped 1104948 bps in 2023, its largest moves.
- Over 5 years, Gross Margin stood at 100.33% in 2020, then rose by 3 bps to 103.56% in 2021, then fell by 3 bps to 100.72% in 2022, then dropped by 2 bps to 98.75% in 2023, then decreased by 2 bps to 96.92% in 2024.
- The last three Gross Margin figures came in at 96.92% (Q1 2024), 98.75% (Q3 2023), and 10950.0% (Q2 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Realty Income | 55.53 Bn | 55.53 Bn | - | - |
| 2 | W. P. Carey | 15.73 Bn | 15.73 Bn | 441.59 Mn | 95.78% |
| 3 | Agree Realty | 8.58 Bn | 8.57 Bn | - | - |
| 4 | Nnn Reit | 8.34 Bn | 8.34 Bn | - | - |
| 5 | Essential Properties Realty Trust | 6.30 Bn | 6.30 Bn | - | - |
| 6 | Broadstone Net Lease | 3.91 Bn | 3.90 Bn | - | - |
| 7 | Four Corners Property Trust | 2.64 Bn | 2.64 Bn | 70.62 Mn | 90.05% |
| 8 | Getty Realty | 1.97 Bn | 1.97 Bn | 58.71 Mn | 99.43% |
| 9 | Netstreit | 1.92 Bn | 1.92 Bn | - | - |
| 10 | Global Net Lease | 1.92 Bn | 1.76 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 96.92% |
| Sep 30, 2023 | 98.75% |
| Jun 30, 2023 | -10,950.00% |
| Mar 31, 2023 | 98.77% |
| Dec 31, 2022 | 100.72% |
| Sep 30, 2022 | 99.89% |
| Jun 30, 2022 | 99.48% |
| Mar 31, 2022 | 99.80% |
| Dec 31, 2021 | 103.56% |
| Sep 30, 2021 | 99.10% |
| Jun 30, 2021 | 98.54% |
| Mar 31, 2021 | 100.00% |
| Dec 31, 2020 | 100.33% |
| Sep 30, 2020 | 99.47% |
| Jun 30, 2020 | 99.38% |
| Mar 31, 2020 | 96.85% |
| Dec 31, 2019 | 93.15% |
| Sep 30, 2019 | 92.66% |
| Jun 30, 2019 | 92.30% |
| Mar 31, 2019 | 92.52% |