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

Broadstone Net Lease's (BNL) quarterly Net Margin came in at 2.68% in Q1 2024, down 2654.0% year-on-year from 0.11% in Q2 2023, and down 90.61% on a QoQ basis from 28.57% in Q3 2023.

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

Broadstone Net Lease (BNL) has 9 years of Net Margin data on file, last reported at 2.68% in Q1 2024.

  • On a quarterly basis, Net Margin fell 2654.0% year-over-year to 2.68% in Q1 2024; TTM through Dec 2024 was 0.65%, a 2129.0% decrease from a year earlier, with the FY2022 full-year figure at 26.54%, down 10.0% from the prior year.
  • Net Margin for Q1 2024 stood at 2.68%, down from 28.57% in the prior quarter.
  • Over the last five years, Net Margin for BNL reached as high as 103.18% in Q4 2021 and fell as low as 47.75% in Q4 2020.
  • Historically, Net Margin has averaged 19.92% across 5 years, with a median of 19.79% in 2021.
  • Across the five-year window, Net Margin surged 17792 bps in 2020 and plunged 7840 bps in 2022, its largest moves.
  • Year by year, Net Margin stood at 47.75% in 2020, then soared by 316 bps to 103.18% in 2021, then sank by 76 bps to 24.78% in 2022, then rose by 15 bps to 28.57% in 2023, then plunged by 91 bps to 2.68% in 2024.
  • Per Business Quant data, the three most recent Net Margin figures were 2.68% in Q1 2024, 28.57% in Q3 2023, and 28.45% in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Vici Properties 28.12 Bn 27.64 Bn 1.01 Bn 86.36%
2 W. P. Carey 16.60 Bn 16.61 Bn 434.82 Mn 38.83%
3 Broadstone Net Lease 4.29 Bn 4.40 Bn - -
4 American Assets Trust 1.47 Bn 1.41 Bn - 2.86%
5 Safehold 1.15 Bn -2.44 Bn 109.54 Mn 26.04%
6 Empire State Realty Trust 930.17 Mn 1.66 Bn - 0.65%
7 Cim 917.30 Mn 735.54 Mn - -
8 JBG SMITH Properties 855.38 Mn 1.35 Bn - -14.65%
9 CTO Realty Growth 725.13 Mn 725.13 Mn 31.01 Mn 10.51%
10 Gladstone Commercial 618.64 Mn 788.68 Mn - 9.15%

Historic Data

Download Data
DateValue
Mar 31, 2024 2.68%
Sep 30, 2023 28.57%
Jun 30, 2023 28.45%
Mar 31, 2023 29.23%
Dec 31, 2022 24.78%
Sep 30, 2022 19.46%
Jun 30, 2022 23.59%
Mar 31, 2022 30.03%
Dec 31, 2021 103.18%
Sep 30, 2021 18.75%
Jun 30, 2021 20.12%
Mar 31, 2021 16.75%
Dec 31, 2020 -47.75%
Sep 30, 2020 2.27%
Jun 30, 2020 9.78%
Mar 31, 2020 8.90%
Dec 31, 2019 -30.69%
Sep 30, 2019 -175.65%
Jun 30, 2019 -159.15%
Mar 31, 2019 -148.50%