What is Broadstone Net Lease's market cap?

Broadstone Net Lease (BNL) has a market capitalization of $4.2B and trades on NYSE.

What is Broadstone Net Lease's revenue and profitability?

Broadstone Net Lease generated $466.8M in trailing twelve-month revenue with net income of $126.1M, representing a net margin of 27.0%, with free cash flow of $287.4M. These figures are based on the Q1 2026 filing.

Who are Broadstone Net Lease's competitors?

Broadstone Net Lease's key competitors include W. P. Carey Inc., Realty Income Corporation, Agree Realty Corporation, and others. These companies compete in similar markets and product categories.

Where is Broadstone Net Lease headquartered?

Broadstone Net Lease is headquartered in United States of America and employs approximately 74 people. It has been publicly traded since 2020.

Broadstone Net Lease

BNL

Broadstone Net Lease, Inc. is an industrial-focused, diversified real estate investment trust (REIT) that specializes in acquiring and managing single-tenant commercial properties.

Market cap

$4.19B+38.5%

Revenue$466.8M+7.3%

Net income$126.1M+10.6%

Free cash flow$287.4M+15.5%

EPS (diluted)$0.65+6.6%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

April 29, 2026

Revenue$121.4MBeat by $2.6M EPS$0.24Beat by $0.06

Read the full report

Next report

Jul 29, 2026 (In 1 week)

Revenue estimate$121.6M

EPS estimate$0.19

Financials

Q1 2026

Income statement

See full

Revenue$121.4M+11.7%

Net income$46.4M+177%

EPS (diluted)$0.24+167%

Balance sheet

See full

Cash & equivalents$21.7M+96.5%

Total debt$3.0B+23,610%

Total equity$2.9B-1.9%

Total assets$5.8B+11.6%

Cash flow

See full

Operating cash flow$76.1M+6.5%

CapEx$1.4M-90.5%

Free cash flow$74.7M+30.8%

Valuation & ratios

Valuation

See full

Market cap$4.19B+38.5%

Enterprise value$7.19B+40.2%

P/E33.3×+2.9×

P/S9×+2.2×

Profitability

See full

Net margin27%+0.8pp

FCF margin61.6%+4.4pp

Returns & leverage

See full

Return on equity4.3%+0.5pp

Debt / equity1×+1.0×

Competitors

By market cap

Realty Income$59.5B+15.7%

W.P. Carey Inc.$16.0B+18.4%

Agree Realty$9.4B+19.9%

BNL

Broadstone Net Lease$4.2B+39.9%

InvenTrust Properties$2.8B+33.6%

Global Net Lease$1.9B+10.1%

Gladstone Commercial Corporation$608.5M-7.3%

One Liberty Properties$534.6M+3.0%

By revenue growth

Agree Realty+17.8%

One Liberty Properties+10.1%

W.P. Carey Inc.+9.9%

Realty Income+9.8%

Gladstone Commercial Corporation+9.6%

InvenTrust Properties+9.6%

BNL

Broadstone Net Lease+7.3%

Global Net Lease-14.8%

By net margin

InvenTrust Properties35.66%+29.4pp

W.P. Carey Inc.29.35%+2.7pp

Agree Realty29.25%-0.8pp

One Liberty Properties27.19%-4.8pp

BNL

Broadstone Net Lease27.01%+0.8pp

Realty Income19.09%+0.9pp

Gladstone Commercial Corporation12.74%-4.2pp

Global Net Lease-54.28%-35.3pp

Profile

Broadstone Net Lease, Inc. is an industrial-focused, diversified real estate investment trust (REIT) that specializes in acquiring and managing single-tenant commercial properties. The company utilizes a long-term net lease model, allowing tenants to maintain operational control of strategic locations while the REIT secures stable, predictable cash flows through rent escalations and high-occupancy rates.

Competitive position

BNL maintains a highly diversified portfolio across 57 industries and 197 brands to mitigate concentration risk and ensure stable rent collections.

GeographiesUnited States, Canada

Customer segmentsSingle-tenant commercial enterprises, Creditworthy corporate tenants

Business modelTriple-Net Lease (NNN), Build-to-suit development, Sale-leaseback

SuppliersCapital markets for debt and equity financing, Real estate brokers, Property developers, Construction contractors

CustomersCorporate commercial tenants, Industrial operators, Retail brand owners

CountryUnited States of America

Listed2020

Employees74.0

CEOJohn D. Moragne

SectorReal Estate

IndustryREIT - Diversified

Websitebroadstone.com

FilingsSEC EDGAR

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Questions, answered.

What is Broadstone Net Lease's market cap?: Broadstone Net Lease (BNL) has a market capitalization of $4.2B and trades on NYSE.
What is Broadstone Net Lease's revenue and profitability?: Broadstone Net Lease generated $466.8M in trailing twelve-month revenue with net income of $126.1M, representing a net margin of 27.0%, with free cash flow of $287.4M. These figures are based on the Q1 2026 filing.
Who are Broadstone Net Lease's competitors?: Broadstone Net Lease's key competitors include W. P. Carey Inc., Realty Income Corporation, Agree Realty Corporation, and others. These companies compete in similar markets and product categories.
Where is Broadstone Net Lease headquartered?: Broadstone Net Lease is headquartered in United States of America and employs approximately 74 people. It has been publicly traded since 2020.