Broadstone Net Lease (BNL) Invested Capital (2016 - 2026)
Broadstone Net Lease (BNL) reported Invested Capital of $3.0 billion for Q1 2026, down 1.93% year-over-year from $3.1 billion in Q1 2025, and up 4.11% quarter-over-quarter from $2.9 billion in Q4 2025.
Broadstone Net Lease (BNL) Invested Capital (2016 - 2026) Analysis & Trends
Broadstone Net Lease (BNL) has 11 years of Invested Capital data on file, last reported at $3.0 billion in Q1 2026.
- Invested Capital for Q1 2026 came in at $3.0 billion, down 1.93% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.0 billion (down 1.93% YoY), and the FY2025 annual result was $2.9 billion, down 7.62% from the prior year.
- Invested Capital improved to $3.0 billion in Q1 2026 per BNL's latest filing, from $2.9 billion in the prior quarter.
- Over five years, Invested Capital peaked at $5.3 billion in Q4 2022 and troughed at $2.9 billion in Q3 2025.
- A 5-year average of $4.1 billion and a median of $4.8 billion in 2022 frame the typical range for Invested Capital.
- The sharpest annual moves came in 2023 and 2025: Invested Capital jumped 79.04% in 2023, then tumbled 40.53% in 2025.
- A 5-year view of Invested Capital shows it stood at $5.3 billion in 2022, then fell by 3.45% to $5.1 billion in 2023, then sank by 38.57% to $3.1 billion in 2024, then dropped by 7.62% to $2.9 billion in 2025, then rose by 4.11% to $3.0 billion in 2026.
- Business Quant data shows BNL's Invested Capital at $3.0 billion in Q1 2026, $2.9 billion in Q4 2025, and $2.9 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.26 Bn | 28.78 Bn | 1.01 Bn | 45.41 Bn |
| 2 | Broadstone Net Lease | 3.95 Bn | 4.05 Bn | - | 3.02 Bn |
| 3 | American Assets Trust | 1.46 Bn | 1.40 Bn | - | 1.15 Bn |
| 4 | Safehold | 1.13 Bn | 1.14 Bn | 109.54 Mn | 7.13 Bn |
| 5 | Empire State Realty Trust | 916.51 Mn | 1.65 Bn | - | 1.82 Bn |
| 6 | JBG SMITH Properties | 880.19 Mn | 1.38 Bn | - | 1.14 Bn |
| 7 | CTO Realty Growth | 672.82 Mn | 672.82 Mn | 31.01 Mn | 1.23 Bn |
| 8 | Gladstone Commercial | 608.72 Mn | 778.76 Mn | - | 999.98 Mn |
| 9 | AH Realty Trust | 540.92 Mn | 723.25 Mn | - | 2.01 Bn |
| 10 | One Liberty Properties | 510.56 Mn | 490.30 Mn | - | 297.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.02 Bn |
| Dec 31, 2025 | 2.90 Bn |
| Sep 30, 2025 | 2.88 Bn |
| Jun 30, 2025 | 3.04 Bn |
| Mar 31, 2025 | 3.08 Bn |
| Dec 31, 2024 | 3.14 Bn |
| Sep 30, 2024 | 3.14 Bn |
| Jun 30, 2024 | 5.10 Bn |
| Mar 31, 2024 | 5.12 Bn |
| Dec 31, 2023 | 5.11 Bn |
| Sep 30, 2023 | 5.18 Bn |
| Jun 30, 2023 | 5.21 Bn |
| Mar 31, 2023 | 5.18 Bn |
| Dec 31, 2022 | 5.30 Bn |
| Sep 30, 2022 | 5.07 Bn |
| Jun 30, 2022 | 4.82 Bn |
| Mar 31, 2022 | 2.89 Bn |
| Dec 31, 2021 | 4.44 Bn |
| Sep 30, 2021 | 4.31 Bn |
| Jun 30, 2021 | 4.22 Bn |