Broadstone Net Lease (BNL) Gross Profit (2017 - 2024)
Broadstone Net Lease (BNL) reported Gross Profit of $102.1 million for Q1 2024, down 13.11% year-over-year from $117.5 million in Q2 2023, and down 5.6% quarter-over-quarter from $108.2 million in Q3 2023.
Broadstone Net Lease (BNL) Gross Profit (2017 - 2024) Analysis & Trends
Broadstone Net Lease (BNL) has 8 years of Gross Profit data on file, last reported at $102.1 million in Q1 2024.
- Gross Profit for Q1 2024 came in at $102.1 million, down 13.11% year-over-year; the trailing twelve-month figure through Mar 2024 was $435.6 million (up 0.98% YoY), and the FY2022 annual result was $407.5 million, up 6.43% from the prior year.
- Gross Profit slipped to $102.1 million in Q1 2024 per BNL's latest filing, from $108.2 million in the prior quarter.
- Over five years, Gross Profit peaked at $122.1 million in Q3 2021 and troughed at $77.0 million in Q1 2020.
- A 5-year average of $96.8 million and a median of $96.7 million in 2021 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2021 and 2022: Gross Profit soared 52.05% in 2021, then decreased 15.31% in 2022.
- A 5-year view of Gross Profit shows it stood at $83.5 million in 2020, then advanced by 14.93% to $95.9 million in 2021, then climbed by 17.72% to $112.9 million in 2022, then declined by 4.22% to $108.2 million in 2023, then slipped by 5.6% to $102.1 million in 2024.
- Business Quant data shows BNL's Gross Profit at $102.1 million in Q1 2024, $108.2 million in Q3 2023, and $107.8 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vici Properties | 29.26 Bn | 28.78 Bn | 1.01 Bn |
| 2 | Broadstone Net Lease | 3.95 Bn | 4.05 Bn | - |
| 3 | American Assets Trust | 1.46 Bn | 1.40 Bn | - |
| 4 | Safehold | 1.13 Bn | 1.14 Bn | 109.54 Mn |
| 5 | Empire State Realty Trust | 916.51 Mn | 1.65 Bn | - |
| 6 | JBG SMITH Properties | 880.19 Mn | 1.38 Bn | - |
| 7 | CTO Realty Growth | 672.82 Mn | 672.82 Mn | 31.01 Mn |
| 8 | Gladstone Commercial | 608.72 Mn | 778.76 Mn | - |
| 9 | AH Realty Trust | 540.92 Mn | 723.25 Mn | - |
| 10 | One Liberty Properties | 510.56 Mn | 490.30 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 102.12 Mn |
| Mar 31, 2024 | 102.12 Mn |
| Sep 30, 2023 | 108.18 Mn |
| Sep 30, 2023 | 108.18 Mn |
| Jun 30, 2023 | 107.81 Mn |
| Jun 30, 2023 | 107.81 Mn |
| Mar 31, 2023 | 117.53 Mn |
| Mar 31, 2023 | 117.53 Mn |
| Dec 31, 2022 | 112.94 Mn |
| Dec 31, 2022 | 112.94 Mn |
| Sep 30, 2022 | 103.42 Mn |
| Sep 30, 2022 | 103.42 Mn |
| Jun 30, 2022 | 97.51 Mn |
| Jun 30, 2022 | 97.51 Mn |
| Mar 31, 2022 | 93.65 Mn |
| Mar 31, 2022 | 93.65 Mn |
| Dec 31, 2021 | 95.94 Mn |
| Dec 31, 2021 | 95.94 Mn |
| Sep 30, 2021 | 122.12 Mn |
| Sep 30, 2021 | 122.12 Mn |