Broadstone Net Lease, Inc. (BNL)

From the record

Broadstone Net Lease, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Broadstone Net Lease, Inc.'s 10 filed years say what it did: revenue went from $143 million in fiscal 2016 to $454 million in fiscal 2025, up 13.7% a year; it rose in 8 of 9 years; the deepest fall was 3% from fiscal 2023 to fiscal 2024; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Broadstone Net Lease, Inc.'s diluted share count grew about 3.1% a year, and dividends and buybacks returned about 76% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 2 purchases of their own stock on the open market in the year to 2026-10-02, buying about $212 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Broadstone Net Lease, Inc. earned about 3 cents of profit for every dollar of shareholders' money. Leverage: it owed about 47 cents per dollar of assets, and net share issuance: its share count grew 0.5% over the year (the filed statements).

From the record

Broadstone Net Lease, Inc.'s standing among 157 graded names in its industry family: revenue of $454 million in fiscal 2025 ranks in the bottom 43% by size; a net margin of 21.2% ranks in the top 40%; revenue growth of 3.7% a year over the last 3 filed years ranks in the bottom 42% (its annual reports).

From the record

Broadstone Net Lease, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Moragne, John David (CEO, as filed), filing under that title since 2023-03-20, 3.7 years (bottom 27% of its family); the 16 officers and directors filing in the last fifteen months have been on the record a median of 6.2 years (bottom 26%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 16 people in charge now (top 31%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Broadstone Net Lease, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $31 million against debt of $2.5 billion leaves -43.6% of its assets as net cash, bottom 33% of its family; cash from operations less capital spending is 59.4% of revenue (top 14%) (its annual report).

From the record

Broadstone Net Lease, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 3.7% a year over the last three filed years against 13.7% over all 10, slowing (bottom 19% of its family); the newest year grew 5.2% (top 39%); capital spending grew -1.8% a year (bottom 46%) (its annual reports). Broadstone Net Lease, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Broadstone Net Lease, Inc.'s newest year against its own record: revenue of $454 million in fiscal 2025 came in 2.2% above the $444 million its prior three years' pace pointed to (top 29% of its family); net income of $96 million against a prior three-year average of $147 million (bottom 29%); a net margin of 21.2% against 34.2% before (bottom 20%) (its annual reports).