Broadstone Net Lease (BNL) Operating Leases (2016 - 2026)
Broadstone Net Lease (BNL) posted quarterly Operating Leases of $38.2 million for Q2 2026, down 14.66% year-over-year from $44.8 million in Q2 2025, and down 4.09% quarter-over-quarter from $39.9 million in Q1 2026.
Broadstone Net Lease (BNL) Operating Leases (2016 - 2026) Analysis & Trends
Broadstone Net Lease (BNL) has reported Operating Leases for 11 consecutive years, with $38.2 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Leases fell 14.66% year-over-year to $38.2 million; the TTM figure through Jun 2026 stood at $38.2 million (down 14.66% YoY), while the FY2025 annual figure was $41.5 million, down 14.78% from the prior year.
- Operating Leases slipped to $38.2 million in Q2 2026 per BNL's latest filing, from $39.9 million in the prior quarter.
- Across five years, Operating Leases topped out at $66.9 million in Q2 2022 and bottomed at $38.2 million in Q2 2026.
- Historically, Operating Leases has averaged $51.7 million across 5 years, with a median of $51.0 million in 2024.
- Annual changes were most pronounced in 2024 — Operating Leases decreased 7.73% — and 2025, when it declined 15.67%.
- Broadstone Net Lease's Operating Leases stood at $62.9 million in 2022, then retreated by 14.83% to $53.5 million in 2023, then slipped by 8.97% to $48.7 million in 2024, then fell by 14.78% to $41.5 million in 2025, then retreated by 7.94% to $38.2 million in 2026.
- Business Quant data shows BNL's Operating Leases at $38.2 million in Q2 2026, $39.9 million in Q1 2026, and $41.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vici Properties | 29.04 Bn | 28.60 Bn | 1.05 Bn |
| 2 | W. P. Carey | 16.30 Bn | 16.30 Bn | 441.59 Mn |
| 3 | Broadstone Net Lease | 4.04 Bn | 4.03 Bn | - |
| 4 | Global Net Lease | 1.92 Bn | 1.77 Bn | - |
| 5 | American Assets Trust | 1.39 Bn | 1.39 Bn | - |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - |
| 8 | Empire State Realty Trust | 821.84 Mn | 821.84 Mn | - |
| 9 | CTO Realty Growth | 768.00 Mn | 768.00 Mn | 32.71 Mn |
| 10 | JBG SMITH Properties | 721.56 Mn | 721.56 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 38.23 Mn |
| Mar 31, 2026 | 39.86 Mn |
| Dec 31, 2025 | 41.53 Mn |
| Sep 30, 2025 | 43.10 Mn |
| Jun 30, 2025 | 44.80 Mn |
| Mar 31, 2025 | 46.84 Mn |
| Dec 31, 2024 | 48.73 Mn |
| Sep 30, 2024 | 50.76 Mn |
| Jun 30, 2024 | 53.12 Mn |
| Mar 31, 2024 | 50.95 Mn |
| Dec 31, 2023 | 53.53 Mn |
| Sep 30, 2023 | 55.30 Mn |
| Jun 30, 2023 | 57.57 Mn |
| Mar 31, 2023 | 59.36 Mn |
| Dec 31, 2022 | 62.86 Mn |
| Sep 30, 2022 | 64.97 Mn |
| Jun 30, 2022 | 66.86 Mn |
| Dec 31, 2021 | 70.60 Mn |
| Sep 30, 2021 | 72.50 Mn |
| Jun 30, 2021 | 74.98 Mn |