Broadstone Net Lease BNL
NYSE BNL
$20.52 -0.18 (-0.89%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Broadstone Net Lease's (BNL) quarterly Operating Margin came in at 21.69% in Q1 2024, down 2703.0% year-over-year from 0.83% in Q2 2023, and down 55.83% quarter-over-quarter from 49.11% in Q3 2023.

Analysis

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

Broadstone Net Lease (BNL) has reported Operating Margin for 9 consecutive years, with 21.69% the latest figure, recorded in Q1 2024.

  • On a quarterly basis, Operating Margin fell 2703.0% year-over-year to 21.69% in Q1 2024; TTM through Mar 2024 was 24.88%, a 2147.0% decrease from a year earlier, with the FY2022 full-year figure at 46.14%, up 233.0% from the prior year.
  • Operating Margin was 21.69% for Q1 2024 at Broadstone Net Lease, down from 49.11% in the prior quarter.
  • Over five years, Operating Margin peaked at 53.2% in Q4 2021 and troughed at 393107.14% in Q2 2023.
  • A 5-year average of 24529.89% and a median of 43.55% in 2020 frame the typical range for Operating Margin.
  • Across the five-year window, Operating Margin surged 936 bps in 2021 and tumbled 39315472 bps in 2023, its largest moves.
  • Over 5 years, Operating Margin stood at 44.33% in 2020, then rose by 20 bps to 53.2% in 2021, then declined by 13 bps to 46.04% in 2022, then climbed by 7 bps to 49.11% in 2023, then plunged by 56 bps to 21.69% in 2024.
  • The last three Operating Margin figures came in at 21.69% (Q1 2024), 49.11% (Q3 2023), and 393107.14% (Q2 2023), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Realty Income 55.53 Bn 55.53 Bn - -
2 W. P. Carey 15.73 Bn 15.73 Bn 441.59 Mn 31.24%
3 Agree Realty 8.58 Bn 8.57 Bn - 46.47%
4 Nnn Reit 8.34 Bn 8.34 Bn - 61.97%
5 Essential Properties Realty Trust 6.30 Bn 6.30 Bn - 64.50%
6 Broadstone Net Lease 3.91 Bn 3.90 Bn - -
7 Four Corners Property Trust 2.64 Bn 2.64 Bn 70.62 Mn 45.13%
8 Getty Realty 1.97 Bn 1.97 Bn 58.71 Mn 59.10%
9 Netstreit 1.92 Bn 1.92 Bn - -
10 Global Net Lease 1.92 Bn 1.76 Bn - 48.66%
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2024 21.69%
Sep 30, 2023 49.11%
Jun 30, 2023 -393,107.14%
Mar 31, 2023 48.72%
Dec 31, 2022 46.04%
Sep 30, 2022 42.77%
Jun 30, 2022 47.58%
Mar 31, 2022 48.47%
Dec 31, 2021 53.20%
Sep 30, 2021 37.15%
Jun 30, 2021 46.10%
Mar 31, 2021 42.00%
Dec 31, 2020 44.33%
Sep 30, 2020 28.26%
Jun 30, 2020 36.74%
Mar 31, 2020 36.72%
Dec 31, 2019 40.02%
Sep 30, 2019 35.45%
Jun 30, 2019 38.45%
Mar 31, 2019 37.24%