Broadstone Net Lease (BNL) Times Interest Earned (2016 - 2024)
Broadstone Net Lease (BNL) reported Times Interest Earned of $1.23 for Q1 2024, down 55.14% year-over-year from $2.74 in Q2 2023, and down 55.03% quarter-over-quarter from $2.74 in Q3 2023.
Broadstone Net Lease (BNL) Times Interest Earned (2016 - 2024) Analysis & Trends
Broadstone Net Lease (BNL) has 9 years of Times Interest Earned data on file, last reported at $1.23 in Q1 2024.
- Times Interest Earned for Q1 2024 came in at $1.23, down 55.14% year-over-year; the trailing twelve-month figure through Mar 2024 was $2.44 (up 0.79% YoY), and the FY2022 annual result was $2.39, down 8.59% from the prior year.
- Times Interest Earned retreated to $1.23 in Q1 2024 per BNL's latest filing, from $2.74 in the prior quarter.
- Over five years, Times Interest Earned peaked at $2.95 in Q3 2021 and troughed at $1.23 in Q1 2024.
- A 5-year average of $2.25 and a median of $2.37 in 2021 frame the typical range for Times Interest Earned.
- The sharpest annual moves came in 2021 and 2024: Times Interest Earned surged 139.3% in 2021, then sank 55.14% in 2024.
- A 5-year view of Times Interest Earned shows it stood at $2.18 in 2020, then jumped by 32.77% to $2.9 in 2021, then declined by 25.12% to $2.17 in 2022, then gained by 25.97% to $2.74 in 2023, then tumbled by 55.03% to $1.23 in 2024.
- Business Quant data shows BNL's Times Interest Earned at $1.23 in Q1 2024, $2.74 in Q3 2023, and $2.68 in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 29.90 Bn | 29.42 Bn | 1.01 Bn | 4.75 |
| 2 | Broadstone Net Lease | 4.01 Bn | 4.11 Bn | - | - |
| 3 | American Assets Trust | 1.48 Bn | 1.42 Bn | - | - |
| 4 | Safehold | 1.14 Bn | 1.15 Bn | 109.54 Mn | 0.48 |
| 5 | Empire State Realty Trust | 973.69 Mn | 1.70 Bn | - | 1.05 |
| 6 | JBG SMITH Properties | 887.28 Mn | 1.38 Bn | - | 0.35 |
| 7 | CTO Realty Growth | 676.07 Mn | 676.07 Mn | 31.01 Mn | - |
| 8 | Gladstone Commercial | 618.88 Mn | 788.92 Mn | - | - |
| 9 | AH Realty Trust | 547.30 Mn | 729.64 Mn | - | 0.84 |
| 10 | One Liberty Properties | 515.72 Mn | 495.45 Mn | - | 1.94 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 1.23 |
| Sep 30, 2023 | 2.74 |
| Jun 30, 2023 | 2.68 |
| Mar 31, 2023 | 2.74 |
| Dec 31, 2022 | 2.17 |
| Sep 30, 2022 | 2.20 |
| Jun 30, 2022 | 2.61 |
| Mar 31, 2022 | 2.69 |
| Dec 31, 2021 | 2.90 |
| Sep 30, 2021 | 2.95 |
| Jun 30, 2021 | 2.53 |
| Mar 31, 2021 | 2.16 |
| Dec 31, 2020 | 2.18 |
| Sep 30, 2020 | 1.23 |
| Jun 30, 2020 | 1.54 |
| Mar 31, 2020 | 1.42 |
| Dec 31, 2019 | 1.58 |
| Sep 30, 2019 | 1.66 |
| Jun 30, 2019 | 1.79 |
| Mar 31, 2019 | 1.61 |