Broadstone Net Lease, Inc.
BNL
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Broadstone Net Lease, Inc. operates in a competitive real estate market with a diversified portfolio, which helps mitigate risks associated with specific sectors.
- The company reported a revenue increase of 1% from the previous quarter, reaching $122 million.
- Gross margin improved to 95.2%, up from 94.9% in the prior quarter.
- The real estate sector is currently facing challenges due to rising interest rates, which can impact borrowing costs and property valuations.
- Operating margin compressed to 45.4%, indicating potential pressure on profitability.
- The company's score is Neutral with a signal score of -3.00, suggesting mixed market sentiment.
Fundamentals
| Market cap | $3.88B | Enterprise value | $6.28B | Trailing P/E | 24.00 | Forward P/E | 26.51 |
| PEG | — | Price / book | 1.21 | Beta | 0.94 | Dividend yield | 6.41% |
| Revenue growth | 8.3% | Earnings growth | 95.7% | Gross margin | 94.9% | Operating margin | 46.2% |
| Profit margin | 30.6% | ROE | 4.9% | ROA | 2.7% | Debt / equity | 0.89 |
| Current ratio | 2.02 | Free cash flow | $230.60M | Analyst recommendation | buy | Mean target | $23.60 |
| 52w high | $23.10 | 52w low | $17.16 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | |
|---|---|---|---|---|---|
| Revenue | $122M | $121M | $118M | $114M | $113M |
| Op margin | 45.4% | 52.2% | 51.2% | 50.6% | 49.4% |
| Net income | $39.8M | $46.4M | $33.1M | $26.5M | $20.2M |
| Gross margin | 95.2% | 94.9% | 94.7% | 94.6% | 95.6% |
| Gross profit | $116M | $115M | $112M | $108M | $108M |
| Operating income | $55.5M | $63.3M | $60.6M | $57.7M | $55.8M |
- Revenue +1% vs prior quarter ($122M vs $121M).
- Gross margin 95.2% (was 94.9% prior quarter).
- Operating margin compressed to 45.4%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $454M | $432M | $443M | $408M | — |
| Op margin | 50.2% | 49.3% | 50.2% | 47.5% | — |
| Net income | $96.5M | $162M | $155M | $122M | — |
| Gross margin | 94.9% | 94.3% | 94.9% | 94.7% | — |
| Gross profit | $431M | $407M | $420M | $386M | — |
| Operating income | $228M | $213M | $222M | $194M | — |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-05 · Broadstone Net Lease Schedules Third Quarter 2026 Earnings Release and Conference Call
2026-10-03 · 3 REIT Stocks With Inflation Linked Rents As Debt Fears Rise
2026-09-25 · Can Broadstone Net Lease (BNL) Compound Wealth Through Build-To-Suit Development?
2026-09-04 · Ride This Roller Coaster if You Dare. Consider the 6% REIT That Bought It, Too.
2026-08-25 · Broadstone Net Lease Adds $23 Million to Build-to-Suit Pipeline
2026-08-25 · Broadstone Net Lease Adds $23 Million to its Committed Pipeline of Build-to-Suit Developments
2026-08-10 · Broadstone Net Lease (BNL) Raises Fresh Equity, Is The 9% Undervaluation Still Intact?
2026-08-08 · Broadstone Net Lease (BNL) Q2 2026 Earnings Call
2026-08-07 · Broadstone Net Lease prices $225 million stock offering
2026-08-07 · Broadstone Net Lease, Inc. Announces Pricing of Public Offering of Common Stock
2026-08-06 · Broadstone Net Lease, Inc. Announces Public Offering of Common Stock
2026-08-01 · Broadstone Net Lease Q2 Earnings Call Highlights
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