We are currently experiencing technical issues due to the Microsoft outage. This will affect delivery of multi-factor authentication emails, invoice emails and service emails. We apologise for the disruption.

Explore 3 Stock Ideas & Industry Insights Download Free Report

Broadstone Net Lease Inc

Company price
17.585 USD -0.10 ( 0.59%)
Last update at 2026-11-12T15:38:00Z
VOLUME
99559
Market Cap
4025.67M
P/E
40.28

Momentum Score

…

Broadstone Net Lease, Inc. is an industrial-focused, diversified net lease real estate investment trust that invests in primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. We primarily, and selectively, invest in real estate across industrial and retail property types. We target properties with credit-worthy tenants in industries characterized by positive business drivers and trends, where the properties are an integral part of the tenant's business and there are opportunities to secure long-term net leases. Through long-term net leases, our tenants can retain operational control of their strategically important locations, while allocating their debt and equity capital to fund core business operations rather than real estate ownership. Broadstone Net Lease, Inc. was incorporated on October 18th, 2017 in Maryland, USA.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
17.50
Low
17.74
High
52 Week Price Range
14.29
Low
20.48
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Broadstone Net Lease, Inc. is a publicly traded REIT that owns and manages a diversified portfolio of single-tenant, net-leased commercial properties across the United States. Its long-term growth drivers include predictable rental cash flows from long-term triple-net leases, portfolio diversification and accretive acquisitions that could support income generation and portfolio scale.

Key risks include sensitivity to interest rates and property valuations, tenant credit concentration and lease rollover exposure, and leverage that could constrain flexibility if market conditions weaken.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
17.69
Dividend Yield
5.72%
Revenue TTM
454.14M
Revenue Per Share
2.41
Gross Profit TTM
431.17M
Debt / Equity
0.90
ROE
3.22%
Net Debt
2584.81M
ROCE
3.74%
Diluted EPS TTM
0.50

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 106.99M 163.96M 165.76M 130.75M 111.17M
Minority interest -2.92M -6.55M -7.83M -7.36M 7.10M
Net income 102.91M 156.24M 157.16M 122.11M 102.43M
Selling general administrative 38.88M 37.99M 39.42M 37.38M 36.37M
Gross profit 108.00M 101.67M 108.26M 385.74M 364.42M
Reconciled depreciation 159.62M 151.76M 152.78M 154.81M 132.10M
Ebit 213.12M 266.84M 271.49M 199.29M 195.91M
Ebitda 377.21M 423.02M 430.11M 354.10M 328.01M
Depreciation and amortization 164.09M 156.18M 158.63M 154.81M 132.10M
Non operating income net other - - - 0.04M 13.11M
Operating income 228.20M 212.89M 222.26M 199.29M 195.91M
Other operating expenses 230.94M 225.88M 225.83M 213.96M 186.92M
Interest expense 94.47M 74.08M 80.05M 78.65M 64.15M
Tax provision 1.15M 1.18M 0.76M 1.27M 1.64M
Interest income 100.33M 0.99M 0.51M 0.04M 0.02M
Net interest income -94.08M -73.08M -79.54M -78.61M -64.13M
Non recurring - - - -5.54M 28.21M
Income tax expense 1.15M 1.18M 0.76M 1.27M 1.64M
Total revenue 459.14M 438.77M 448.09M 407.51M 382.88M
Total operating expenses -120.20M -111.22M -114.00M 192.18M 168.46M
Cost of revenue 351.14M 337.10M 339.83M 21.77M 18.46M
Total other income expense net -121.21M -48.93M -56.51M -68.54M -84.74M
Net income from continuing ops 99.42M 168.99M 163.31M 671.23M 101.34M
Net income applicable to common shares 95.25M 161.28M 154.92M 122.11M 102.43M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 5717.27M 5216.42M 5268.73M 5457.61M 4618.65M
Intangible assets 268.01M 267.64M 288.23M 329.58M 303.64M
Other current assets - - -20.98M 46.46M 17.27M
Total liab 2683.81M 2074.99M 2074.39M 2195.10M 1877.51M
Total stockholder equity 2901.99M 3003.74M 3049.24M 3092.92M 2577.29M
Deferred long term liab - - - 14.52M 13.71M
Other current liab -60.08M 64.15M 62.57M 61.53M 52.39M
Common stock 0.05M 0.05M 0.05M 0.05M 0.04M
Capital stock 0.05M 0.05M 0.05M 0.05M 0.04M
Retained earnings -620.22M -496.54M -440.73M -386.05M -318.48M
Other liab - - - 62.85M 70.60M
Good will 339.77M 339.77M 339.77M 339.77M 339.77M
Other assets 253.04M 250.52M 101.50M 4435.53M 3952.26M
Cash 30.54M 14.85M 19.49M 21.79M 21.67M
Cash and equivalents 30.54M 14.85M 19.49M 21.79M 21.67M
Total current liabilities 16.84M 113.14M 110.11M 306.40M 192.43M
Current deferred revenue - - -2.26M - -
Net debt 2584.81M 1898.28M 1891.26M 2001.38M 1667.65M
Short term debt 16.84M 20.20M 2.26M 197.32M 102.00M
Short long term debt - - - 197.32M 102.00M
Short long term debt total 2615.35M 1913.12M 1910.76M 2023.17M 1689.32M
Other stockholder equity 3502.38M 3450.58M 3440.64M 3419.39M 2924.17M
Property plant equipment 4833.31M 4350.60M 4392.75M 4501.88M 3804.40M
Total current assets 4856.45M 180.84M 173.71M 158.80M 157.13M
Long term investments - - - 63.39M -
Net tangible assets - - - 2423.56M 1933.88M
Short term investments 4821.51M 4340.36M 46.10M - 3804.40M
Net receivables 4.40M 166.00M 154.21M 137.01M 118.18M
Long term debt 2507.68M 1913.12M 1910.76M 1825.85M 1614.49M
Inventory - - 20.98M - -
Accounts payable 60.08M 48.98M 47.53M 47.55M 38.04M
Noncontrolling interest in consolidated entity - - - 169.59M 163.85M
Accumulated other comprehensive income 19.79M 49.66M 49.29M 59.52M -28.44M
Common stock total equity - - - 0.05M 0.04M
Retained earnings total equity - - - -386.05M -318.48M
Non currrent assets other 55.91M 4428.17M 4467.03M 4620.94M 3808.47M
Non current assets total 607.78M 5035.57M 5095.03M 5298.81M 4461.52M
Long term debt total 2510.41M 1913.12M 1910.76M 1825.85M 1614.49M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -59.70M -200.61M -828.33M -581.22M
Change to liabilities - - - -0.55M 5.34M
Total cashflows from investing activities -675.27M -59.70M 24.34M -859.64M -582.30M
Net borrowings 594.15M 6.24M -116.00M 100.28M 102.00M
Total cash from financing activities 393.43M -221.19M -334.82M 636.00M 254.41M
Change to operating activities - - - 0.80M 2.80M
Net income 99.42M 168.99M 163.31M 129.47M 109.53M
Change in cash 17.65M -4.64M -39.41M 32.27M -82.96M
Begin period cash flow 15.99M 20.63M 60.04M 27.77M 110.73M
End period cash flow 33.64M 15.99M 20.63M 60.04M 27.77M
Total cash from operating activities 299.50M 276.25M 271.07M 255.91M 244.94M
Issuance of capital stock 37.93M - - 495.57M 280.36M
Depreciation 159.62M 151.76M 158.63M 150.00M 128.89M
Other cashflows from investing activities -675.27M -59.70M 70.59M 0.06M 0.51M
Dividends paid 218.78M 216.76M 207.52M -181.22M -154.46M
Change to inventory - - -0.78M - -
Change to account receivables -1.12M -1.74M 0.78M 0.66M 0.78M
Sale purchase of stock 37.93M -1.00M -0.18M 495.57M 738.41M
Other cashflows from financing activities -5.68M -9.67M -11.12M 1381.96M -22.43M
Change to netincome - - - -7.27M 26.67M
Capital expenditures 29.71M 16.80M 46.25M 31.37M 1.60M
Cash flows other operating - - - -19.33M -29.21M
Cash and cash equivalents changes - - - 32.27M -82.96M
Change in working capital 13.47M -2.03M -9.17M 0.31M 6.47M
Stock based compensation 9.60M 7.36M 6.36M 5.32M 4.67M
Other non cash items 17.40M -49.82M -48.06M -29.39M -19.26M
Free cash flow 269.79M 259.46M 224.82M 224.54M 243.34M

Peer Comparison*

Sector: Real Estate Industry: REIT - Diversified

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
BNL
Broadstone Net Lease Inc
-0.10
0.59%
17.59 40.28 29.07 8.86 1.34 14.01 17.72
GMGSF
Goodman Group
-
-%
20.08 35.32 21.46 13.97 2.56 32.21 34.78
VICI
VICI Properties Inc
-0.04
0.18%
24.89 13.14 11.40 9.27 1.33 14.27 15.38
WPC
W P Carey Inc
0.48
0.74%
65.32 23.40 25.00 8.55 1.82 13.65 15.78
CTOUF
Charter Hall Group
-
-%
15.21 19.27 20.58 8.82 3.56 23.47 16.08

Profile*

Broadstone Net Lease Inc

Broadstone Net Lease, Inc. is an industrial-focused, diversified net lease real estate investment trust that invests in primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. We primarily, and selectively, invest in real estate across industrial and retail property types. We target properties with credit-worthy tenants in industries characterized by positive business drivers and trends, where the properties are an integral part of the tenant's business and there are opportunities to secure long-term net leases. Through long-term net leases, our tenants can retain operational control of their strategically important locations, while allocating their debt and equity capital to fund core business operations rather than real estate ownership. Broadstone Net Lease, Inc. was incorporated on October 18th, 2017 in Maryland, USA.

207 High Point Drive, Victor, NY, United States, 14564

585 287 6500

62

Name Title Year Born
Mr. Christopher J. Czarnecki CEO, Pres & Non-Independent Director 1981
Mr. Ryan M. Albano CPA Exec. VP & CFO 1982
Mr. John D. Moragne Exec. VP & COO 1982
Mr. Roderick A. Pickney Sr. VP of Acquisitions 1978
Ms. Andrea T. Wright Sr. VP of Property Management 1982
Mr. Timothy D. Dieffenbacher Sr. VP, Chief Accounting Officer & Treasurer 1988
Mr. Michael B. Caruso Sr. VP of Corp. Fin. & Investor Relations 1994
Mr. John D. Callan Jr. Sr. VP, Gen. Counsel & Sec. 1985
Ms. Molly Kelly Wiegel Sr. VP of HR 1971
Mr. Laurier James Lessard Jr. Sr. VP of Asset Management 1968

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Support

Hi! How can we help you today?

Loading…