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Broadstone Net Lease BNL Property and operating expense

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Other financials

Income statement

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Revenue$121.4M+11.7%
Net income$46.4M+177%
EPS (diluted)$0.24+167%

Balance sheet

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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

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Operating cash flow$76.1M+6.5%
CapEx$1.4M-90.5%
Free cash flow$74.7M+30.8%

Valuation

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Market cap$4.04B+8.7%

Profitability

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Operating margin46.1%
Net margin27%+0.8pp
FCF margin61.6%+4.4pp

Returns & leverage

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Return on equity4.3%+0.5pp
Debt / equity+1.0×

Where this comes from

Reported directly by Broadstone Net Lease in its filing.

Tagged under the XBRL concept bnl:PropertyAndOperatingExpenses.

The official record: Broadstone Net Lease’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Broadstone Net Lease's property and operating expense?
Broadstone Net Lease (BNL) reported property and operating expense of $6.18M in Q1 2026.
How has Broadstone Net Lease's property and operating expense changed year-over-year?
Broadstone Net Lease's property and operating expense increased by 12.6% year-over-year, from $5.49M to $6.18M.
What is the long-term trend for Broadstone Net Lease's property and operating expense?
Over 4 years (2021 to 2025), Broadstone Net Lease's property and operating expense has grown at a 5.6% compound annual growth rate (CAGR), from $18.46M to $22.97M.
What does property and operating expense mean?
This metric represents the direct costs incurred by a real estate investment trust to maintain and operate its rental property portfolio. It typically includes expenses such as property taxes, insurance, and maintenance costs that are not reimbursed by tenants under net lease agreements. Monitoring this helps assess the efficiency of property management and the impact of non-recoverable costs on net operating income.