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Broadstone Net Lease BNL Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

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Agree RealtyADC
$90K-80.8%
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$16.22M+20.4%
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Orion Office REITONL
$1.28M-3.1%
Gladstone Commercial Corporation logo
Gladstone Commercial CorporationGOOD
$111K-14.6%
LXP Industrial Trust logo
LXP Industrial TrustLXP
$12.61M-42.2%
One Liberty Properties logo
One Liberty PropertiesOLP
$187K-50.3%

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$4.02B+26.3%
Enterprise value$7.01B+32.0%
P/E31.9×-0.3×
P/S8.6×+1.4×

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 us-gaap:MinorityInterest.

The source filing: Broadstone Net Lease’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:18 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001424182-26-000037
Line itemMarch 31,2026December 31,2025
Common stock, $0.00025 par value; 500,000 shares authorized, 191,771 and 191,423 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively4848
Additional paid-in capital3,502,4653,502,380
Cumulative distributions in excess of retained earnings(630,951)(620,221)
Accumulated other comprehensive income20,89819,788
Total Broadstone Net Lease, Inc. equity2,892,4602,901,995
Non-controlling interests128,889131,466
Total equity3,021,3493,033,461
Total liabilities and equity$5,845,027$5,717,267

Item 1. Financial Statements

FAQ

What is Broadstone Net Lease's noncontrolling interests in subsidiaries?
Broadstone Net Lease (BNL) reported noncontrolling interests in subsidiaries of $128.89M in Q1 2026.
How has Broadstone Net Lease's noncontrolling interests in subsidiaries changed year-over-year?
Broadstone Net Lease's noncontrolling interests in subsidiaries decreased by 1.7% year-over-year, from $131.08M to $128.89M.
What is the long-term trend for Broadstone Net Lease's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Broadstone Net Lease's noncontrolling interests in subsidiaries has grown at a -6.1% compound annual growth rate (CAGR), from $179.98M to $131.47M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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