Broadstone Net Lease Past Earnings Performance
Past criteria checks 1/6
Broadstone Net Lease has been growing earnings at an average annual rate of 16.3%, while the REITs industry saw earnings growing at 16.3% annually. Revenues have been growing at an average rate of 6.8% per year. Broadstone Net Lease's return on equity is 3.4%, and it has net margins of 22.1%.
Key information
16.25%
Earnings growth rate
6.89%
EPS growth rate
| REITs Industry Growth | 19.39% |
| Revenue growth rate | 6.77% |
| Return on equity | 3.37% |
| Net Margin | 22.10% |
| Last Earnings Update | 30 Jun 2025 |
Recent past performance updates
Recent updates
Broadstone Net Lease: Thriving From The Doldrums
Aug 08Broadstone Net Lease And W. P. Carey: Diverging Multiples Create A Compelling Opportunity To Swap
Feb 23Broadstone Net Lease, Inc. (NYSE:BNL) Just Reported Annual Earnings: Have Analysts Changed Their Mind On The Stock?
Feb 22
Broadstone Net Lease: Remains Undervalued With Attractive Yield
Jan 07Broadstone Net Lease: Double Your Income With Significantly Less Risk
Dec 25Broadstone Net Lease: Still Underestimated
Nov 23Broadstone Net Lease: 6% Yield, Dividend Growth, High Margin Of Safety
Oct 01Previous Thesis Panned Out, But Broadstone Net Lease Has More To Offer
Sep 17Broadstone Net Lease: Not All Industrial Is Created Equal
Sep 10
Tactical Exit And Risky Investments Spell Troubled Waters Ahead
Exiting clinical healthcare and shifting investments towards specialized industrial and QSR assets could lead to earnings volatility and capital requirement issues.Broadstone Net Lease: Meaningful Reorganization Progress And Strong Metrics Make It Buyable
Aug 12Broadstone Net Lease: Price Catches Up With Value
Jul 30Broadstone Net Lease: An Attractive Yield For Income Investors
Jul 08Here's Why We Think Broadstone Net Lease (NYSE:BNL) Is Well Worth Watching
Jun 22Broadstone Net Lease: Higher For Longer Interest Rates Keeping The Stock Undervalued
Jun 03Broadstone Net Lease: Great Risk-To-Reward Ratio Accompanied By Top Business Metrics
May 27Broadstone Net Lease: Very Much Underestimated
May 21Broadstone Net Lease, Inc. Just Recorded A 103% EPS Beat: Here's What Analysts Are Forecasting Next
May 06Broadstone Net Lease: An Industrial REIT Powerhouse With A 7.8% Yield
Apr 16Broadstone Net Lease: A 7.5% Dividend And Cheap Valuation
Mar 28Broadstone Net Lease: Why We Prefer It Over Realty Income
Mar 10Broadstone Net Lease: A REIT To Consider For Post Rate Hikes
Feb 25Broadstone Net Lease: An Insulated Portfolio Protected From Rates And Turmoil
Feb 06Broadstone Net Lease: A Solid REIT Choice For 2024
Jan 03Here's Why We Think Broadstone Net Lease (NYSE:BNL) Might Deserve Your Attention Today
Dec 16Broadstone Net Lease: A Tempting ~7% Yielding Diversified REIT
Dec 12Earnings Beat: Broadstone Net Lease, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Nov 05Broadstone Net Lease: High Yield With A Limited Downside
Nov 03Broadstone Net Lease: High Dividend And Good Upside (Rating Upgrade)
Oct 24Broadstone Net Lease: 7.8% Yield, Cheap, Safe
Oct 01Broadstone Net Lease: A Spread Worth Considering
Sep 21Broadstone Net Lease: Over 20% Upside Potential With 7% Yielding Dividend
Aug 29Broadstone Net Lease: Safe, High Yield From This Diversified REIT
Jul 24Broadstone Net Lease: Enjoy A High Dividend Yield
Jun 28Broadstone Net Lease: This Nearly 7% Yielder Remains Attractive
Jun 13Top 3 High Yield Diversified REITs For H2 2023
May 23Broadstone Net Lease FFO of $0.36 misses by $0.03, revenue of $112.14M beats by $5.64M, guidance below consensus
Feb 22Revenue & Expenses Breakdown
How Broadstone Net Lease makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 25 | 442 | 98 | 38 | 0 |
| 31 Mar 25 | 435 | 113 | 38 | 0 |
| 31 Dec 24 | 432 | 161 | 38 | 0 |
| 30 Sep 24 | 425 | 142 | 39 | 0 |
| 30 Jun 24 | 426 | 156 | 39 | 0 |
| 31 Mar 24 | 429 | 181 | 38 | 0 |
| 31 Dec 23 | 443 | 155 | 39 | 0 |
| 30 Sep 23 | 450 | 183 | 38 | 0 |
| 30 Jun 23 | 444 | 161 | 39 | 0 |
| 31 Mar 23 | 433 | 134 | 39 | 0 |
| 31 Dec 22 | 408 | 122 | 37 | 0 |
| 30 Sep 22 | 388 | 117 | 37 | 0 |
| 30 Jun 22 | 407 | 119 | 35 | 0 |
| 31 Mar 22 | 394 | 107 | 35 | 0 |
| 31 Dec 21 | 383 | 102 | 36 | 0 |
| 30 Sep 21 | 373 | 88 | 37 | 0 |
| 30 Jun 21 | 330 | 68 | 36 | 0 |
| 31 Mar 21 | 326 | 62 | 32 | 0 |
| 31 Dec 20 | 322 | 51 | 28 | 0 |
| 30 Sep 20 | 324 | 61 | 20 | 0 |
| 30 Jun 20 | 320 | 75 | 15 | 0 |
| 31 Mar 20 | 309 | 76 | 10 | 0 |
| 31 Dec 19 | 299 | 79 | 5 | 0 |
| 30 Sep 19 | 277 | 67 | 6 | 0 |
| 30 Jun 19 | 262 | 65 | 6 | 0 |
| 31 Mar 19 | 250 | 66 | 6 | 0 |
| 31 Dec 18 | 237 | 69 | 6 | 0 |
| 30 Sep 18 | 224 | 71 | 6 | 0 |
| 30 Jun 18 | 208 | 62 | 6 | 0 |
| 31 Mar 18 | 195 | 60 | 5 | 0 |
| 31 Dec 17 | 182 | 55 | 5 | 0 |
| 30 Sep 17 | 172 | 52 | 4 | 0 |
| 30 Jun 17 | 162 | 54 | 4 | 0 |
| 31 Mar 17 | 153 | 44 | 3 | 0 |
| 31 Dec 16 | 143 | 36 | 3 | 0 |
| 31 Dec 15 | 98 | 19 | 3 | 0 |
| 31 Dec 14 | 68 | 16 | 2 | 0 |
Quality Earnings: BNL has a large one-off loss of $42.2M impacting its last 12 months of financial results to 30th June, 2025.
Growing Profit Margin: BNL's current net profit margins (22.1%) are lower than last year (36.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BNL's earnings have grown by 16.3% per year over the past 5 years.
Accelerating Growth: BNL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BNL had negative earnings growth (-37.3%) over the past year, making it difficult to compare to the REITs industry average (-8.1%).
Return on Equity
High ROE: BNL's Return on Equity (3.4%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/08/11 16:25 |
| End of Day Share Price | 2025/08/11 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Broadstone Net Lease, Inc. is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Kim | BMO Capital Markets Equity Research |
| Michael Gorman | BTIG |
| James Sullivan | BTIG |