Broadstone Net Lease (BNL) Gross Profit (2017 - 2024)

Broadstone Net Lease's (BNL) quarterly Gross Profit came in at $102.1 million in Q1 2024, down 13.11% year-on-year from $117.5 million in Q2 2023, and down 5.6% on a QoQ basis 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.

  • On a quarterly basis, Gross Profit fell 13.11% year-over-year to $102.1 million in Q1 2024; TTM through Mar 2024 was $435.6 million, a 0.98% increase from a year earlier, with the FY2022 full-year figure at $407.5 million, up 6.43% from the prior year.
  • Gross Profit for Q1 2024 stood at $102.1 million, down from $108.2 million in the prior quarter.
  • Over the last five years, Gross Profit for BNL reached as high as $121.7 million in Q3 2021 and fell as low as $77.0 million in Q1 2020.
  • Historically, Gross Profit has averaged $96.7 million across 5 years, with a median of $96.7 million in 2021.
  • Across the five-year window, Gross Profit jumped 51.5% in 2021 and declined 15.01% in 2022, its largest moves.
  • Year by year, Gross Profit stood at $82.3 million in 2020, then increased by 16.59% to $95.9 million in 2021, then rose by 17.72% to $112.9 million in 2022, then decreased by 4.22% to $108.2 million in 2023, then fell by 5.6% to $102.1 million in 2024.
  • Per Business Quant data, the three most recent Gross Profit figures were $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 28.12 Bn 27.64 Bn 1.01 Bn
2 W. P. Carey 16.60 Bn 16.61 Bn 434.82 Mn
3 Broadstone Net Lease 4.29 Bn 4.40 Bn -
4 American Assets Trust 1.47 Bn 1.41 Bn -
5 Safehold 1.15 Bn -2.44 Bn 109.54 Mn
6 Empire State Realty Trust 930.17 Mn 1.66 Bn -
7 Cim 917.30 Mn 735.54 Mn -
8 JBG SMITH Properties 855.38 Mn 1.35 Bn -
9 CTO Realty Growth 725.13 Mn 725.13 Mn 31.01 Mn
10 Gladstone Commercial 618.64 Mn 788.68 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 121.67 Mn
Sep 30, 2021 121.67 Mn