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

Broadstone Net Lease (BNL) reported Operating Income of $22.9 million for 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.

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

Broadstone Net Lease (BNL) has 9 years of Operating Income data on file, last reported at $22.9 million in Q1 2024.

  • Operating Income for Q1 2024 came in at $22.9 million, down 60.57% year-over-year; the trailing twelve-month figure through Mar 2024 was $188.9 million (down 5.78% YoY), and the FY2022 annual result was $188.0 million, up 12.09% from the prior year.
  • Operating Income slipped to $22.9 million in Q1 2024 per BNL's latest filing, from $53.8 million in the prior quarter.
  • Over five years, Operating Income peaked at $58.0 million in Q1 2023 and troughed at $22.8 million in Q3 2020.
  • A 5-year average of $41.6 million and a median of $44.9 million in 2022 frame the typical range for Operating Income.
  • The sharpest annual moves came in 2021 and 2024: Operating Income jumped 101.81% in 2021, then tumbled 60.57% in 2024.
  • A 5-year view of Operating Income shows it stood at $37.4 million in 2020, then jumped by 31.79% to $49.3 million in 2021, then gained by 4.73% to $51.6 million in 2022, then climbed by 4.2% to $53.8 million in 2023, then tumbled by 57.51% to $22.9 million in 2024.
  • Business Quant data shows BNL's Operating Income at $22.9 million in Q1 2024, $53.8 million in Q3 2023, and $54.3 million in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Vici Properties 29.90 Bn 29.42 Bn 1.01 Bn 995.11 Mn
2 Broadstone Net Lease 4.01 Bn 4.11 Bn - -
3 American Assets Trust 1.48 Bn 1.42 Bn - 23.22 Mn
4 Safehold 1.14 Bn 1.15 Bn 109.54 Mn 25.55 Mn
5 Empire State Realty Trust 973.69 Mn 1.70 Bn - 29.46 Mn
6 JBG SMITH Properties 887.28 Mn 1.38 Bn - -
7 CTO Realty Growth 676.07 Mn 676.07 Mn 31.01 Mn 10.29 Mn
8 Gladstone Commercial 618.88 Mn 788.92 Mn - -
9 AH Realty Trust 547.30 Mn 729.64 Mn - 11.63 Mn
10 One Liberty Properties 515.72 Mn 495.45 Mn - 13.48 Mn

Historic Data

Download Data
DateValue
Mar 31, 2024 22.86 Mn
Sep 30, 2023 53.79 Mn
Jun 30, 2023 54.30 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 46.05 Mn
Jun 30, 2021 39.07 Mn
Mar 31, 2021 34.74 Mn
Dec 31, 2020 37.40 Mn
Sep 30, 2020 22.82 Mn
Jun 30, 2020 30.03 Mn
Mar 31, 2020 29.91 Mn
Dec 31, 2019 33.99 Mn
Sep 30, 2019 30.60 Mn
Jun 30, 2019 29.94 Mn
Mar 31, 2019 25.49 Mn