Broadstone Net Lease (BNL) Intangibles (2016 - 2026)
Broadstone Net Lease (BNL) reported Intangibles of $262.0 million for Q1 2026, down 0.8% year-over-year from $264.1 million in Q1 2025, and down 2.25% quarter-over-quarter from $268.0 million in Q4 2025.
Broadstone Net Lease (BNL) Intangibles (2016 - 2026) Analysis & Trends
Broadstone Net Lease (BNL) has 11 years of Intangibles data on file, last reported at $262.0 million in Q1 2026.
- Intangibles for Q1 2026 came in at $262.0 million, down 0.8% year-over-year; the trailing twelve-month figure through Mar 2026 was $262.0 million (down 0.8% YoY), and the FY2025 annual result was $268.0 million, changed 0.14% from the prior year.
- Intangibles slipped to $262.0 million in Q1 2026 per BNL's latest filing, from $268.0 million in the prior quarter.
- Over five years, Intangibles peaked at $329.6 million in Q4 2022 and troughed at $256.7 million in Q2 2025.
- A 5-year average of $286.9 million and a median of $279.7 million in 2024 frame the typical range for Intangibles.
- The sharpest annual moves came in 2022 and 2024: Intangibles soared 534.35% in 2022, then fell 13.93% in 2024.
- A 5-year view of Intangibles shows it stood at $329.6 million in 2022, then slipped by 12.55% to $288.2 million in 2023, then slipped by 7.14% to $267.6 million in 2024, then advanced by 0.14% to $268.0 million in 2025, then decreased by 2.25% to $262.0 million in 2026.
- Business Quant data shows BNL's Intangibles at $262.0 million in Q1 2026, $268.0 million in Q4 2025, and $258.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.90 Bn | 29.42 Bn | 1.01 Bn | - |
| 2 | Broadstone Net Lease | 4.01 Bn | 4.11 Bn | - | 261.98 Mn |
| 3 | American Assets Trust | 1.48 Bn | 1.42 Bn | - | - |
| 4 | Safehold | 1.14 Bn | 1.15 Bn | 109.54 Mn | 203.13 Mn |
| 5 | Empire State Realty Trust | 973.69 Mn | 1.70 Bn | - | - |
| 6 | JBG SMITH Properties | 887.28 Mn | 1.38 Bn | - | 29.42 Mn |
| 7 | CTO Realty Growth | 676.07 Mn | 676.07 Mn | 31.01 Mn | 150.13 Mn |
| 8 | Gladstone Commercial | 618.88 Mn | 788.92 Mn | - | 112.57 Mn |
| 9 | AH Realty Trust | 547.30 Mn | 729.64 Mn | - | - |
| 10 | One Liberty Properties | 515.72 Mn | 495.45 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 261.98 Mn |
| Dec 31, 2025 | 268.01 Mn |
| Sep 30, 2025 | 258.15 Mn |
| Jun 30, 2025 | 256.68 Mn |
| Mar 31, 2025 | 264.08 Mn |
| Dec 31, 2024 | 267.64 Mn |
| Sep 30, 2024 | 276.81 Mn |
| Jun 30, 2024 | 282.55 Mn |
| Mar 31, 2024 | 273.25 Mn |
| Dec 31, 2023 | 288.23 Mn |
| Sep 30, 2023 | 297.66 Mn |
| Jun 30, 2023 | 309.30 Mn |
| Mar 31, 2023 | 317.48 Mn |
| Dec 31, 2022 | 329.59 Mn |
| Sep 30, 2022 | 322.31 Mn |
| Jun 30, 2022 | 316.12 Mn |
| Dec 31, 2021 | 51.96 Mn |
| Sep 30, 2021 | 301.05 Mn |
| Jun 30, 2021 | 296.13 Mn |
| Mar 31, 2021 | 288.59 Mn |