XNYSBNL
Market cap2.87bUSD
Jan 10, Last price
15.20USD
1D
-2.31%
1Q
-16.21%
IPO
-9.25%
Name
Broadstone Net Lease Inc
Chart & Performance
Profile
BNL is an internally-managed REIT that acquires, owns, and manages primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The Company utilizes an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting. As of September 30, 2020, BNL's diversified portfolio consisted of 627 properties in 41 U.S. states and one property in Canada across the industrial, healthcare, restaurant, office, and retail property types, with an aggregate gross asset value of approximately $4.0 billion.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 442,888 8.68% | 407,513 6.43% | |||||||
Cost of revenue | 62,001 | 59,148 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 380,887 | 348,365 | |||||||
NOPBT Margin | 86.00% | 85.49% | |||||||
Operating Taxes | 763 | 1,275 | |||||||
Tax Rate | 0.20% | 0.37% | |||||||
NOPAT | 380,124 | 347,090 | |||||||
Net income | 155,478 27.32% | 122,115 19.22% | |||||||
Dividends | (207,522) | (181,224) | |||||||
Dividend yield | 6.14% | 6.20% | |||||||
Proceeds from repurchase of equity | (180) | 495,566 | |||||||
BB yield | 0.01% | -16.97% | |||||||
Debt | |||||||||
Debt current | 2,260 | 197,322 | |||||||
Long-term debt | 1,970,285 | 1,891,476 | |||||||
Deferred revenue | 18,783 | ||||||||
Other long-term liabilities | 61,787 | 62,855 | |||||||
Net debt | 1,953,051 | 1,965,368 | |||||||
Cash flow | |||||||||
Cash from operating activities | 271,074 | 255,914 | |||||||
CAPEX | (46,252) | (31,374) | |||||||
Cash from investing activities | 24,338 | (859,643) | |||||||
Cash from financing activities | (334,820) | 636,000 | |||||||
FCF | 305,462 | 389,807 | |||||||
Balance | |||||||||
Cash | 19,494 | 21,789 | |||||||
Long term investments | 101,641 | ||||||||
Excess cash | 103,054 | ||||||||
Stockholders' equity | (246,298) | (156,890) | |||||||
Invested Capital | 5,407,188 | 5,524,204 | |||||||
ROIC | 6.95% | 6.77% | |||||||
ROCE | 7.38% | 6.51% | |||||||
EV | |||||||||
Common stock shares outstanding | 196,315 | 180,201 | |||||||
Price | 17.22 6.23% | 16.21 -34.69% | |||||||
Market cap | 3,380,544 15.73% | 2,921,058 -28.22% | |||||||
EV | 5,478,695 | 5,056,013 | |||||||
EBITDA | 539,513 | 498,363 | |||||||
EV/EBITDA | 10.15 | 10.15 | |||||||
Interest | 80,053 | 78,652 | |||||||
Interest/NOPBT | 21.02% | 22.58% |