Broadstone Net Lease (BNL) Operating Income (2016 - 2024)
Broadstone Net Lease's (BNL) quarterly Operating Income came in at $22.9 million in Q1 2024, down 60.57% year-over-year from $58.0 million in Q2 2023, and down 57.51% quarter-over-quarter from $53.8 million in Q3 2023.
Analysis
Broadstone Net Lease (BNL) Operating Income (2016 - 2024) Analysis & Trends
Broadstone Net Lease (BNL) has reported Operating Income for 9 consecutive years, with $22.9 million the latest figure, recorded in Q1 2024.
- On a quarterly basis, Operating Income fell 60.57% year-over-year to $22.9 million in Q1 2024; TTM through Mar 2024 was $79.6 million, a 60.31% decrease from a year earlier, with the FY2022 full-year figure at $188.0 million, up 12.09% from the prior year.
- Operating Income was $22.9 million for Q1 2024 at Broadstone Net Lease, down from $53.8 million in the prior quarter.
- Over five years, Operating Income peaked at $58.0 million in Q1 2023 and troughed at -$55.0 million in Q2 2023.
- A 5-year average of $34.6 million and a median of $41.7 million in 2021 frame the typical range for Operating Income.
- Across the five-year window, Operating Income jumped 99.87% in 2021 and tumbled 218.02% in 2023, its largest moves.
- Over 5 years, Operating Income stood at $36.5 million in 2020, then surged by 35.11% to $49.3 million in 2021, then rose by 4.73% to $51.6 million in 2022, then advanced by 4.2% to $53.8 million in 2023, then plunged by 57.51% to $22.9 million in 2024.
- The last three Operating Income figures came in at $22.9 million (Q1 2024), $53.8 million (Q3 2023), and -$55.0 million (Q2 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Realty Income | 55.53 Bn | 55.53 Bn | - | - |
| 2 | W. P. Carey | 15.73 Bn | 15.73 Bn | 441.59 Mn | 144.06 Mn |
| 3 | Agree Realty | 8.58 Bn | 8.57 Bn | - | 95.31 Mn |
| 4 | Nnn Reit | 8.34 Bn | 8.34 Bn | - | 151.38 Mn |
| 5 | Essential Properties Realty Trust | 6.30 Bn | 6.30 Bn | - | 104.42 Mn |
| 6 | Broadstone Net Lease | 3.91 Bn | 3.90 Bn | - | - |
| 7 | Four Corners Property Trust | 2.64 Bn | 2.64 Bn | 70.62 Mn | 35.39 Mn |
| 8 | Getty Realty | 1.97 Bn | 1.97 Bn | 58.71 Mn | 34.90 Mn |
| 9 | Netstreit | 1.92 Bn | 1.92 Bn | - | - |
| 10 | Global Net Lease | 1.92 Bn | 1.76 Bn | - | 54.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 22.86 Mn |
| Sep 30, 2023 | 53.79 Mn |
| Jun 30, 2023 | -55.04 Mn |
| Mar 31, 2023 | 57.97 Mn |
| Dec 31, 2022 | 51.62 Mn |
| Sep 30, 2022 | 44.28 Mn |
| Jun 30, 2022 | 46.63 Mn |
| Mar 31, 2022 | 45.49 Mn |
| Dec 31, 2021 | 49.29 Mn |
| Sep 30, 2021 | 45.61 Mn |
| Jun 30, 2021 | 39.07 Mn |
| Mar 31, 2021 | 34.74 Mn |
| Dec 31, 2020 | 36.48 Mn |
| Sep 30, 2020 | 22.82 Mn |
| Jun 30, 2020 | 29.53 Mn |
| Mar 31, 2020 | 28.73 Mn |
| Dec 31, 2019 | 33.99 Mn |
| Sep 30, 2019 | 27.09 Mn |
| Jun 30, 2019 | 26.55 Mn |
| Mar 31, 2019 | 25.49 Mn |