Broadstone Net Lease (BNL) Net Income (2016 - 2024)

Broadstone Net Lease (BNL) reported Net Income of $4.1 million for Q1 2024, down 88.77% year-over-year from $36.5 million in Q2 2023, and down 87.99% quarter-over-quarter from $34.2 million in Q3 2023.

Broadstone Net Lease (BNL) Net Income (2016 - 2024) Analysis & Trends

Broadstone Net Lease (BNL) has 9 years of Net Income data on file, last reported at $4.1 million in Q1 2024.

  • Net Income for Q1 2024 came in at $4.1 million, down 88.77% year-over-year; the trailing twelve-month figure through Dec 2024 was $4.1 million (down 96.07% YoY), and the FY2022 annual result was $108.1 million, up 6.05% from the prior year.
  • Net Income retreated to $4.1 million in Q1 2024 per BNL's latest filing, from $34.2 million in the prior quarter.
  • Over five years, Net Income peaked at $36.5 million in Q1 2023 and troughed at $4.1 million in Q1 2024.
  • A 5-year average of $22.7 million and a median of $25.8 million in 2022 frame the typical range for Net Income.
  • The sharpest annual moves came in 2021 and 2024: Net Income jumped 617.09% in 2021, then tumbled 88.77% in 2024.
  • A 5-year view of Net Income shows it stood at $20.4 million in 2020, then jumped by 55.93% to $31.8 million in 2021, then slipped by 12.74% to $27.8 million in 2022, then grew by 22.92% to $34.2 million in 2023, then tumbled by 87.99% to $4.1 million in 2024.
  • Business Quant data shows BNL's Net Income at $4.1 million in Q1 2024, $34.2 million in Q3 2023, and $33.7 million in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Vici Properties 29.90 Bn 29.42 Bn 1.01 Bn 885.95 Mn
2 Broadstone Net Lease 4.01 Bn 4.11 Bn - -
3 American Assets Trust 1.48 Bn 1.42 Bn - 3.43 Mn
4 Safehold 1.14 Bn 1.15 Bn 109.54 Mn 28.90 Mn
5 Empire State Realty Trust 973.69 Mn 1.70 Bn - 3.00 Mn
6 JBG SMITH Properties 887.28 Mn 1.38 Bn - -23.05 Mn
7 CTO Realty Growth 676.07 Mn 676.07 Mn 31.01 Mn 6.21 Mn
8 Gladstone Commercial 618.88 Mn 788.92 Mn - -
9 AH Realty Trust 547.30 Mn 729.64 Mn - -29.89 Mn
10 One Liberty Properties 515.72 Mn 495.45 Mn - 6.52 Mn

Historic Data

Download Data
DateValue
Mar 31, 2024 4.10 Mn
Sep 30, 2023 34.15 Mn
Jun 30, 2023 33.66 Mn
Mar 31, 2023 36.51 Mn
Dec 31, 2022 27.78 Mn
Sep 30, 2022 23.84 Mn
Jun 30, 2022 28.34 Mn
Mar 31, 2022 28.18 Mn
Dec 31, 2021 31.84 Mn
Sep 30, 2021 29.97 Mn
Jun 30, 2021 23.35 Mn
Mar 31, 2021 18.22 Mn
Dec 31, 2020 20.42 Mn
Sep 30, 2020 4.18 Mn
Jun 30, 2020 10.12 Mn
Mar 31, 2020 8.38 Mn
Dec 31, 2019 11.22 Mn
Sep 30, 2019 11.73 Mn
Jun 30, 2019 12.90 Mn
Mar 31, 2019 9.22 Mn