
Broadstone Net Lease (BNL) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
431.8M
Gross Profit
407.1M
94.27%
Operating Income
212.9M
49.30%
Net Income
169.0M
39.14%
EPS (Diluted)
$0.86
Balance Sheet Metrics
Total Assets
5.2B
Total Liabilities
2.1B
Shareholders Equity
3.1B
Debt to Equity
0.66
Cash Flow Metrics
Operating Cash Flow
299.8M
Free Cash Flow
259.5M
Revenue & Profitability Trend
Broadstone Net Lease Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 431.8M | 442.9M | 407.5M | 382.9M | 321.6M |
Cost of Goods Sold | 24.7M | 22.6M | 21.8M | 18.5M | 17.5M |
Gross Profit | 407.1M | 420.3M | 385.7M | 364.4M | 304.2M |
Operating Expenses | 38.0M | 39.4M | 37.4M | 36.4M | 31.7M |
Operating Income | 212.9M | 222.3M | 193.6M | 196.0M | 139.8M |
Pre-tax Income | 170.2M | 164.1M | 130.8M | 111.2M | 57.2M |
Income Tax | 1.2M | 763.0K | 1.3M | 1.6M | 939.0K |
Net Income | 169.0M | 163.3M | 129.5M | 109.5M | 56.3M |
EPS (Diluted) | $0.86 | $0.83 | $0.72 | $0.67 | $0.44 |
Income Statement Trend
Broadstone Net Lease Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | 180.8M | 173.7M | 158.8M | 139.9M | 204.2M |
Non-Current Assets | 5.0B | 5.1B | 5.3B | 4.5B | 4.1B |
Total Assets | 5.2B | 5.3B | 5.5B | 4.6B | 4.3B |
Liabilities | |||||
Current Liabilities | 113.1M | 110.1M | 109.1M | 90.4M | 79.0M |
Non-Current Liabilities | 2.0B | 2.0B | 2.1B | 1.8B | 1.7B |
Total Liabilities | 2.1B | 2.1B | 2.2B | 1.9B | 1.8B |
Equity | |||||
Total Shareholders Equity | 3.1B | 3.2B | 3.3B | 2.7B | 2.5B |
Balance Sheet Composition
Broadstone Net Lease Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 169.0M | 163.3M | 129.5M | 109.5M | 56.3M |
Operating Cash Flow | 299.8M | 295.8M | 265.5M | 233.0M | 178.5M |
Investing Activities | |||||
Capital Expenditures | - | - | - | - | - |
Investing Cash Flow | - | - | 0 | 0 | -30.9M |
Financing Activities | |||||
Dividends Paid | -216.8M | -207.5M | -181.2M | -154.5M | -71.5M |
Financing Cash Flow | -221.2M | -443.3M | 736.3M | 356.4M | -225.7M |
Free Cash Flow | 259.5M | 224.8M | 224.5M | 243.3M | 168.2M |
Cash Flow Trend
Broadstone Net Lease Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
27.20
Forward P/E
20.92
Price to Book
1.05
Price to Sales
7.41
PEG Ratio
20.92
Profitability Ratios
Profit Margin
26.22%
Operating Margin
49.90%
Return on Equity
3.76%
Return on Assets
2.58%
Financial Health
Current Ratio
1.93
Debt to Equity
65.12
Beta
1.03
Per Share Data
EPS (TTM)
$0.60
Book Value per Share
$15.60
Revenue per Share
$2.32
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
bnl | 3.2B | 27.20 | 1.05 | 3.76% | 26.22% | 65.12 |
Vici Properties | 34.7B | 13.14 | 1.30 | 10.12% | 67.81% | 65.74 |
W. P. Carey | 13.8B | 32.54 | 1.65 | 5.01% | 26.78% | 94.04 |
Empire State Realty | 2.5B | 28.57 | 1.40 | 4.90% | 7.24% | 116.80 |
Global Net Lease | 1.7B | -9.95 | 0.91 | -9.88% | -37.64% | 170.96 |
American Assets | 1.6B | 15.33 | 1.03 | 8.87% | 17.74% | 148.05 |
Financial data is updated regularly. All figures are in the company's reporting currency.