Broadstone Net Lease (BNL) Times Interest Earned (2016 - 2024)
Broadstone Net Lease (BNL) posted quarterly Times Interest Earned of $1.15 for Q1 2024, down 54.57% year-over-year from $2.53 in Q2 2023, and down 51.8% quarter-over-quarter from $2.39 in Q3 2023.
Broadstone Net Lease (BNL) Times Interest Earned (2016 - 2024) Analysis & Trends
Broadstone Net Lease (BNL) has reported Times Interest Earned for 9 consecutive years, with $1.15 the latest figure, recorded in Q1 2024.
- In Q1 2024, Times Interest Earned fell 54.57% year-over-year to $1.15; the TTM figure through Mar 2024 stood at $9.52 (up 8.57% YoY), while the FY2022 annual figure was $2.39, down 8.59% from the prior year.
- Times Interest Earned declined to $1.15 in Q1 2024 per BNL's latest filing, from $2.39 in the prior quarter.
- Across five years, Times Interest Earned topped out at $2.9 in Q4 2021 and bottomed at $0.21 in Q1 2020.
- Historically, Times Interest Earned has averaged $1.73 across 5 years, with a median of $1.94 in 2022.
- Annual changes were most pronounced in 2021 — Times Interest Earned surged 699.88% — and 2024, when it slumped 54.57%.
- Broadstone Net Lease's Times Interest Earned stood at $0.48 in 2020, then jumped by 501.34% to $2.9 in 2021, then fell by 25.12% to $2.17 in 2022, then grew by 9.99% to $2.39 in 2023, then plunged by 51.8% to $1.15 in 2024.
- Business Quant data shows BNL's Times Interest Earned at $1.15 in Q1 2024, $2.39 in Q3 2023, and $2.38 in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Vici Properties | 28.92 Bn | 28.48 Bn | 1.05 Bn | 3.50 |
| 2 | W. P. Carey | 16.08 Bn | 16.08 Bn | 441.59 Mn | 1.82 |
| 3 | Broadstone Net Lease | 4.01 Bn | 4.00 Bn | - | - |
| 4 | Global Net Lease | 1.91 Bn | 1.76 Bn | - | 1.41 |
| 5 | American Assets Trust | 1.38 Bn | 1.38 Bn | - | - |
| 6 | Safehold | 1.10 Bn | -2.59 Bn | 113.88 Mn | 0.51 |
| 7 | Cim | 1.05 Bn | 2.41 Bn | - | 0.60 |
| 8 | Empire State Realty Trust | 826.12 Mn | 826.12 Mn | - | -4.99 |
| 9 | CTO Realty Growth | 764.50 Mn | 764.50 Mn | 32.71 Mn | - |
| 10 | JBG SMITH Properties | 729.72 Mn | 729.72 Mn | - | 1.70 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 1.15 |
| Sep 30, 2023 | 2.39 |
| Jun 30, 2023 | 2.38 |
| Mar 31, 2023 | 2.53 |
| Dec 31, 2022 | 2.17 |
| Sep 30, 2022 | 1.86 |
| Jun 30, 2022 | 2.02 |
| Mar 31, 2022 | 2.69 |
| Dec 31, 2021 | 2.90 |
| Sep 30, 2021 | 2.06 |
| Jun 30, 2021 | 1.80 |
| Mar 31, 2021 | 1.70 |
| Dec 31, 2020 | 0.48 |
| Sep 30, 2020 | 1.09 |
| Jun 30, 2020 | 0.23 |
| Mar 31, 2020 | 0.21 |
| Dec 31, 2019 | 0.47 |
| Sep 30, 2019 | 0.17 |
| Jun 30, 2019 | 0.20 |
| Mar 31, 2019 | 0.20 |