Broadstone Net Lease, Inc. (BNL)

NYSE Real Estate Industrial REITs S&P SmallCap 600
$17.51
-0.22 (-1.24%)
Close of Nov 06, 2026 · end-of-day data
Source: Broadstone Net Lease, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$142.87M$181.56M$237.48M$298.81M$321.64M$382.88M$407.51M$442.89M$431.80M$454.14M
Operating income$63.64M$84.88M————————
Interest expense$29.96M$34.75M$52.85M$72.53M$76.14M$64.15M$78.65M$80.05M$74.08M$94.47M
Income tax———————$763.00K$1.18M$1.15M
Net income$36.35M$54.80M$69.38M$79.39M$51.18M$102.43M$122.11M$155.48M$162.44M$96.50M
EBITDA$109.48M$147.64M————————
EPS (basic)$2.76$3.21$0.86$0.83$0.44$0.67$0.72$0.83$0.86$0.51
EPS (diluted)$2.76$3.21$0.86$0.83$0.44$0.67$0.72$0.83$0.86$0.50
Diluted shares14.60M18.57M87.64M102.86M128.80M163.97M180.20M196.31M196.62M197.57M
Operating margin44.5%46.8%————————
Net margin25.4%30.2%29.2%26.6%15.9%26.8%30.0%35.1%37.6%21.2%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$21.64M$9.36M$18.61M$12.46M$100.49M$21.67M$21.79M$19.49M$14.85M$30.54M
Goodwill———$0$339.77M$339.77M$339.77M$339.77M$339.77M$339.77M
Total assets$1.95B$2.58B$3.10B$3.92B$4.26B$4.62B$5.46B$5.27B$5.22B$5.72B
Long-term debt—$1.18B$1.45B$1.99B$1.55B$1.70B$2.03B$1.92B$1.92B$2.52B
Total debt—$1.18B$1.45B$1.99B$1.55B$1.70B$2.03B$1.92B$1.92B$2.52B
Total liabilities$953.52M$1.29B$1.57B$2.14B$1.78B$1.88B$2.20B$2.07B$2.07B$2.68B
Shareholders' equity$911.79M$1.19B$1.42B$1.67B$2.30B$2.58B$3.09B$3.05B$3.00B$2.90B

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$67.19M$97.94M$128.01M$147.36M$179.03M$244.94M$255.91M$271.07M$276.25M$299.50M
Capital expenditures$1.94M$6.78M$5.15M$5.05M$10.81M$1.60M$31.37M$46.25M$16.80M$29.71M
Free cash flow$65.25M$91.16M$122.86M$142.31M$168.22M$243.34M$224.54M$224.82M$259.46M$269.79M
Investing cash flow-$470.57M-$611.84M-$510.46M-$831.71M-$60.24M-$582.30M-$859.64M$24.34M-$59.70M-$675.27M
Financing cash flow$399.35M$500.89M$391.34M$685.67M-$28.38M$254.41M$636.00M-$334.82M-$221.19M$393.43M
Dividends paid$35.73M$44.54M$51.84M$61.96M$71.53M$154.46M$181.22M$207.52M$216.76M$218.78M
Share buybacks$8.15M$9.44M$10.20M$34.60M——————
Stock-based compensation————$1.99M$4.67M$5.32M$6.36M$7.36M$9.60M
Depreciation & amortization$45.84M$62.76M$83.69M$105.41M$131.57M$128.89M$150.00M$152.78M$151.76M$159.62M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.