Broadstone Net Lease, Inc.
BNLReal EstateNASDAQREIT - Diversified · Last scanned Jul 18, 2026
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Daily timeframeBroadstone Net Lease, Inc. is an industrial-focused, diversified net lease REIT that invests in primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of. With a market capitalization of $4.56B, it sits in mid-cap territory. Utilizing an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting, as of March 31, 2026, BNL's diversified portfolio consisted of 773 individual net leased commercial properties with 766 properties located in 44 U.S.
Market Cap
$4.56B
Beta
0.97
P/E (TTM)
35.08
P/E (Fwd)
28.10
EPS (TTM)
$0.65
EPS (Fwd)
$0.81
ROE
4.2%
ROA
2.7%
Cash
$40.3M
Total Debt
$2.65B
Free CF
$240.7M
52W Change
44.6%
Annual Financials
Cash vs Debt
Broadstone Net Lease, Inc. carries $2.65B in total debt against $40.3M in cash reserves — debt is roughly 65.8x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow comes in at $240.7M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 4.2%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 2.7% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $407.5M to $454.1M.
Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. No single metric tells the full story. Reviewing BNL's risk profile alongside its fundamentals and technical indicators provides a more complete picture.