Broadstone Net Lease (BNL) Net Margin (2016 - 2025)
Broadstone Net Lease (BNL) reported Net Margin of 15.81% for Q1 2025, down 4856.0% year-over-year from 0.33% in Q1 2024, and down 75.44% quarter-over-quarter from 64.37% in Q1 2024.
Broadstone Net Lease (BNL) Net Margin (2016 - 2025) Analysis & Trends
Broadstone Net Lease (BNL) has 10 years of Net Margin data on file, last reported at 15.81% in Q1 2025.
- Net Margin for Q1 2025 came in at 15.81%, down 4856.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 3.78% (down 1192.0% YoY), and the FY2022 annual result was 26.54%, down 10.0% from the prior year.
- Net Margin declined to 15.81% in Q1 2025 per BNL's latest filing, from 64.37% in the prior quarter.
- Over five years, Net Margin peaked at 64.37% in Q1 2024 and troughed at 15.81% in Q1 2025.
- A 5-year average of 29.84% and a median of 28.92% in 2022 frame the typical range for Net Margin.
- The sharpest annual moves came in 2024 and 2025: Net Margin jumped 3368 bps in 2024, then sank 4856 bps in 2025.
- A 5-year view of Net Margin shows it stood at 34.37% in 2021, then declined by 28 bps to 24.78% in 2022, then gained by 26 bps to 31.18% in 2023, then soared by 106 bps to 64.37% in 2024, then plunged by 75 bps to 15.81% in 2025.
- Business Quant data shows BNL's Net Margin at 15.81% in Q1 2025, 64.37% in Q1 2024, and 31.18% in Q3 2023.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.26 Bn | 28.78 Bn | 1.01 Bn | 86.98% |
| 2 | Broadstone Net Lease | 3.95 Bn | 4.05 Bn | - | - |
| 3 | American Assets Trust | 1.46 Bn | 1.40 Bn | - | 2.86% |
| 4 | Safehold | 1.13 Bn | 1.14 Bn | 109.54 Mn | 26.04% |
| 5 | Empire State Realty Trust | 916.51 Mn | 1.65 Bn | - | 0.65% |
| 6 | JBG SMITH Properties | 880.19 Mn | 1.38 Bn | - | -14.65% |
| 7 | CTO Realty Growth | 672.82 Mn | 672.82 Mn | 31.01 Mn | 10.51% |
| 8 | Gladstone Commercial | 608.72 Mn | 778.76 Mn | - | 9.15% |
| 9 | AH Realty Trust | 540.92 Mn | 723.25 Mn | - | -49.79% |
| 10 | One Liberty Properties | 510.56 Mn | 490.30 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2025 | 15.81% |
| Mar 31, 2024 | 64.37% |
| Sep 30, 2023 | 31.18% |
| Jun 30, 2023 | 30.78% |
| Mar 31, 2023 | 30.69% |
| Dec 31, 2022 | 24.78% |
| Sep 30, 2022 | 23.02% |
| Jun 30, 2022 | 28.92% |
| Mar 31, 2022 | 30.03% |
| Dec 31, 2021 | 34.37% |
| Sep 30, 2021 | 24.41% |
| Jun 30, 2021 | 27.54% |
| Mar 31, 2021 | 22.03% |
| Dec 31, 2020 | 24.82% |
| Sep 30, 2020 | 5.18% |
| Jun 30, 2020 | 12.59% |
| Mar 31, 2020 | 10.71% |
| Dec 31, 2019 | 13.22% |
| Sep 30, 2019 | 15.36% |
| Jun 30, 2019 | 18.68% |