Broadstone Net Lease, Inc. (BNL) Earnings History
Profitable11 years of earnings data (2015–2025) · Positive TTM net income
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Broadstone Net Lease, Inc. (BNL) Earnings Overview
As of June 29, 2026, Broadstone Net Lease, Inc. (BNL) reported trailing twelve-month net income of $128M, reflecting -41.9% year-over-year growth. The company earned $0.64 per diluted share over the past four quarters, with a net profit margin of 22.4%.
Looking at the long-term picture, BNL's 5-year EPS compound annual growth rate (CAGR) stands at +2.6%, reflecting modest earnings expansion. The company achieved its highest annual net income of $157M in fiscal 2023.
Broadstone Net Lease, Inc. maintains industry-leading profitability with a gross margin of 23.5%, operating margin of 49.7%, and net margin of 22.4%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including ADC ($220M net income, 28.4% margin), NNN ($387M net income, 42.1% margin), EPRT ($257M net income, 45.0% margin), BNL has room to improve margins relative to the peer group. Compare BNL vs ADC →
BNL Earnings vs Peers
Earnings metrics vs comparable public companies
BNL Historical Earnings Data (2015–2025)
11 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $103M | -34.1% | $228M | $0.50 | 22.4% | 49.7% |
| 2024 | $156M | -0.6% | $213M | $0.86 | 35.6% | 48.5% |
| 2023 | $157M | +35.0% | $222M | $0.83 | 35.1% | 49.6% |
| 2022 | $116M | +13.6% | $194M | $0.72 | 28.5% | 47.3% |
| 2021 | $102M | +100.2% | $196M | $0.67 | 26.7% | 51.1% |
| 2020 | $51M | -35.5% | $140M | $0.44 | 15.8% | 43.2% |
| 2019 | $79M | +14.4% | $138M | $0.52 | 26.6% | 46.3% |
| 2018 | $69M | +26.6% | $111M | $0.45 | 29.2% | 46.6% |
| 2017 | $55M | +50.7% | $87M | $0.37 | 30.2% | 48.2% |
| 2016 | $36M | +88.5% | $64M | $0.26 | 25.4% | 44.5% |
| 2015 | $19M | - | $52M | $0.49 | 19.7% | 53.4% |
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BNL — Frequently Asked Questions
Quick answers to the most common questions about buying BNL stock.
What is BNL earnings per share (EPS)?
BNL trailing twelve-month (TTM) diluted EPS is $0.64, reflecting -41.9% year-over-year growth. The 5-year EPS CAGR is +2.6%. Complete EPS history from 2015 to 2025 is available in the table on this page.
What is Broadstone Net Lease, Inc.'s net income?
Broadstone Net Lease, Inc. (BNL) trailing twelve-month net income is $128M as of 2025. Earnings declined -41.9% year-over-year. Broadstone Net Lease, Inc. has been profitable for 11 consecutive years.
Is BNL profitable?
Yes, BNL is profitable with a TTM net income of $128M and a net profit margin of +22.4%. Broadstone Net Lease, Inc. has generated profits for 11 consecutive years.
What is BNL's earnings growth rate?
BNL compound annual EPS growth rates (CAGR): 1-Year: -41.9%, 3-Year: -11.4%, 5-Year: +2.6%, 10-Year: +0.2%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2015 to 2025.
What are BNL's profit margins?
Broadstone Net Lease, Inc. net profit margin is +22.4%, operating margin is +49.7%, and gross margin is +23.5%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +3.3%.
Is BNL growing earnings?
BNL earnings are declining — EPS fell -41.9% year-over-year. TTM net income dropped to $128M. This contrasts with the 5-year CAGR of +2.6%.
What was BNL's best earnings year?
Broadstone Net Lease, Inc.'s highest annual net income on record is $157M, achieved in fiscal year 2023. Earnings history on this page spans 2015 to 2025 and includes all annual and quarterly figures.
What were BNL's earnings last quarter?
BNL's most recent reported quarter was Q1 2026. Net income was $46M with diluted EPS of $0.23. For a full breakdown of all quarters, see the quarterly earnings table on this page.