Broadstone Net Lease (BNL) Tax Rate (2019 - 2024)

Broadstone Net Lease (BNL) has 6 years of Tax Rate data on file, last reported at 12.61% in Q1 2024.

• On a quarterly basis, Tax Rate rose 1125.0% year-over-year to 12.61% in Q1 2024; TTM through Mar 2024 was 0.68%, a 57.0% decrease from a year earlier, with the FY2022 full-year figure at 1.17%, down 42.0% from the prior year.
• Tax Rate for Q1 2024 stood at 12.61%, up from 0.33% in the prior quarter.
• Over the last five years, Tax Rate for BNL reached as high as 12.61% in Q1 2024 and fell as low as 0.33% in Q3 2023.
• Historically, Tax Rate has averaged 2.95% across 5 years, with a median of 1.72% in 2021.
• Across the five-year window, Tax Rate tumbled 457 bps in 2021 and jumped 1125 bps in 2024, its largest moves.
• Year by year, Tax Rate stood at 0.36% in 2020, then jumped by 33 bps to 0.48% in 2021, then dropped by 20 bps to 0.38% in 2022, then fell by 13 bps to 0.33% in 2023, then jumped by 3708 bps to 12.61% in 2024.
• Per Business Quant data, the three most recent Tax Rate figures were 12.61% in Q1 2024, 0.33% in Q3 2023, and 1.42% in Q2 2023.