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
DateValue
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