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

Broadstone Net Lease's (BNL) quarterly Net Income came in at $2.8 million in Q1 2024, down 91.87% year-on-year from $34.8 million in Q2 2023, and down 90.97% on a QoQ basis from $31.3 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 $2.8 million in Q1 2024.

  • On a quarterly basis, Net Income fell 91.87% year-over-year to $2.8 million in Q1 2024; TTM through Dec 2024 was $2.8 million, a 97.09% decrease from a year earlier, with the FY2022 full-year figure at $108.1 million, up 6.05% from the prior year.
  • Net Income for Q1 2024 stood at $2.8 million, down from $31.3 million in the prior quarter.
  • Over the last five years, Net Income for BNL reached as high as $95.6 million in Q4 2021 and fell as low as -$39.3 million in Q4 2020.
  • Historically, Net Income has averaged $20.4 million across 5 years, with a median of $21.6 million in 2021.
  • Across the five-year window, Net Income soared 1157.4% in 2021 and slumped 91.87% in 2024, its largest moves.
  • Year by year, Net Income stood at -$39.3 million in 2020, then soared by 343.29% to $95.6 million in 2021, then tumbled by 70.93% to $27.8 million in 2022, then rose by 12.63% to $31.3 million in 2023, then plunged by 90.97% to $2.8 million in 2024.
  • Per Business Quant data, the three most recent Net Income figures were $2.8 million in Q1 2024, $31.3 million in Q3 2023, and $31.1 million in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Vici Properties 28.12 Bn 27.64 Bn 1.01 Bn 885.95 Mn
2 W. P. Carey 16.60 Bn 16.61 Bn 434.82 Mn 176.50 Mn
3 Broadstone Net Lease 4.29 Bn 4.40 Bn - -
4 American Assets Trust 1.47 Bn 1.41 Bn - 16.61 Mn
5 Safehold 1.15 Bn -2.44 Bn 109.54 Mn 28.90 Mn
6 Empire State Realty Trust 930.17 Mn 1.66 Bn - 3.00 Mn
7 Cim 917.30 Mn 735.54 Mn - -
8 JBG SMITH Properties 855.38 Mn 1.35 Bn - -23.05 Mn
9 CTO Realty Growth 725.13 Mn 725.13 Mn 31.01 Mn 6.21 Mn
10 Gladstone Commercial 618.64 Mn 788.68 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2024 2.83 Mn
Sep 30, 2023 31.29 Mn
Jun 30, 2023 31.11 Mn
Mar 31, 2023 34.78 Mn
Dec 31, 2022 27.78 Mn
Sep 30, 2022 20.15 Mn
Jun 30, 2022 23.13 Mn
Mar 31, 2022 28.18 Mn
Dec 31, 2021 95.59 Mn
Sep 30, 2021 23.02 Mn
Jun 30, 2021 17.05 Mn
Mar 31, 2021 13.85 Mn
Dec 31, 2020 -39.29 Mn
Sep 30, 2020 1.83 Mn
Jun 30, 2020 7.86 Mn
Mar 31, 2020 6.96 Mn
Dec 31, 2019 -26.07 Mn
Sep 30, 2019 -134.20 Mn
Jun 30, 2019 -109.90 Mn
Mar 31, 2019 -101.62 Mn