Broadstone Net Lease, Inc. (BNL) Earnings History
Annual and quarterly earnings data from 2015 to 2025
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BNL EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
BNL Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 23.5% | 49.7% | 22.4% |
| 2024 | 23.2% | 48.5% | 35.6% |
| 2023 | 24.2% | 49.6% | 35.1% |
| 2022 | 19.0% | 47.3% | 28.5% |
| 2021 | 26.2% | 51.1% | 26.7% |
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Broadstone Net Lease, Inc. (BNL) Earnings Overview
As of May 8, 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% |
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Start ComparisonBNL — Frequently Asked Questions
Quick answers to the most common questions about buying BNL stock.
Is BNL growing earnings?
BNL EPS fell to $0.64, with earnings declining -41.9%. This contrasts with the 5-year CAGR of +2.6%. TTM net income dropped to $128M.
What are BNL's profit margins?
Broadstone Net Lease, Inc. net margin is +22.4%, with operating margin at +49.7%. Above-average margins indicate pricing power.
How consistent are BNL's earnings?
BNL earnings data spans 2015-2025. The declining earnings trend is -41.9% YoY. Historical data enables comparison across business cycles.