BNL - NYSE
Broadstone Net Lease, Inc.
$20.18
-0.17%BNL is an internally-managed REIT that acquires, owns, and manages primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The Company utilizes an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting. As of September 30, 2020, BNL's diversified portfolio consisted of 627 properties in 41 U.S. states and one property in Canada across the industrial, healthcare, restaurant, office, and retail property types, with an aggregate gross asset value of approximately $4.0 billion.
At a Glance
Live SnapshotBroadstone Net Lease, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.
Operating Margin
Outstanding operational efficiency. The company generates substantial profit from core operations.
Net Profit Margin
Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.
Effective Tax Rate
Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.
Profitability Insight
Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.
Broadstone Net Lease, Inc. Income Statement
BNL • NYSE
| Broadstone Net Lease, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||
459.1M | 438.8M | 448.1M | 408.9M | 383.2M | 321.6M | 298.8M | 237.5M | 181.6M | 142.9M | 98.1M | 68.2M | |
GROSS PROFIT | ||||||||||||
(351.1M) | (337.1M) | (339.8M) | (331.4M) | (282.7M) | (17.5M) | (46.1M) | (11.2M) | (6.5M) | (3.9M) | (3.4M) | (8.3M) | |
108M | 101.7M | 108.3M | 77.6M | 100.6M | 304.2M | 252.7M | 226.3M | 175.1M | 139M | 94.7M | 59.9M | |
OPERATING INCOME | ||||||||||||
-120.2M | -111.2M | -114M | -116M | -95.4M | (304.2M) | (5.5M) | (115.7M) | (87.6M) | (64.5M) | (42.4M) | (24.7M) | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (31.7M) | (5.5M) | (30.9M) | (24.7M) | (17.7M) | (12.9M) | (1.9M) | |
228.2M | 212.9M | 222.3M | 193.6M | 196M | 0.0 | 247.3M | 110.6M | 84.9M | 74.5M | 42.4M | 38.3M | |
PRE-TAX INCOME | ||||||||||||
(94.5M) | (74.1M) | (80.1M) | (78.7M) | (64.1M) | (76.1M) | (72.5M) | (52.9M) | (34.8M) | (30M) | (22.6M) | (0.0) | |
-94.1M | -73.1M | -79.5M | -78.6M | -64.1M | -76.1M | -72.5M | -52.7M | -34.3M | -29.9M | -22.6M | 0.0 | |
-120.2M | -111.2M | -114M | -116M | -95.4M | (272.4M) | (0.0) | -100K | (379K) | (46.8M) | (262K) | (0.0) | |
-121.2M | -48.9M | -56.5M | -68.5M | -79.2M | 57.2M | -159.7M | -35.5M | -27.3M | -34.3M | -21.5M | -21.2M | |
107M | 164M | 165.8M | 125.1M | 116.8M | 57.2M | 87.5M | 75.1M | 59.6M | 40.3M | 20.9M | 17.2M | |
NET INCOME | ||||||||||||
(1.2M) | (1.2M) | (763K) | (1.3M) | (1.6M) | (939K) | (2.4M) | (0.0) | (624K) | (0.0) | (0.0) | (0.0) | |
102.9M | 156.2M | 157.2M | 116.4M | 102.5M | 51.2M | 79.4M | 69.4M | 54.8M | 36.4M | 19.3M | 15.8M |
SEC Filings
BNL - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 01, 2026 | April 30, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | April 30, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 29, 2026 | April 29, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 01, 2026 | April 01, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 20, 2026 | March 20, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 25, 2026 | February 25, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 19, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 18, 2026 | February 18, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 12, 2026 | January 12, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 01, 2025 | December 01, 2025 | 2025 |
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