Broadstone Net Lease Past Earnings Performance
Past criteria checks 4/6
Broadstone Net Lease has been growing earnings at an average annual rate of 23.4%, while the REITs industry saw earnings growing at 17.6% annually. Revenues have been growing at an average rate of 11.1% per year. Broadstone Net Lease's return on equity is 5.9%, and it has net margins of 42.1%.
Key information
23.4%
Earnings growth rate
5.2%
EPS growth rate
| REITs Industry Growth | 12.2% |
| Revenue growth rate | 11.1% |
| Return on equity | 5.9% |
| Net Margin | 42.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & 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 |
|---|---|---|---|---|
| 31 Mar 24 | 429 | 181 | 38 | 0 |
| 31 Dec 23 | 443 | 155 | 39 | 0 |
| 30 Sep 23 | 450 | 183 | 39 | 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: 62XA has a large one-off gain of $54.4M impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: 62XA's current net profit margins (42.1%) are higher than last year (31%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 62XA's earnings have grown significantly by 23.4% per year over the past 5 years.
Accelerating Growth: 62XA's earnings growth over the past year (34.5%) exceeds its 5-year average (23.4% per year).
Earnings vs Industry: 62XA earnings growth over the past year (34.5%) exceeded the REITs industry 12.2%.
Return on Equity
High ROE: 62XA's Return on Equity (5.9%) is considered low.