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Asset logo for symbol BNL
Broadstone Net Lease
BNL62
$17.79arrow_drop_down1.71%-$0.31
Asset logo for symbol BNL
BNL62

$17.79

arrow_drop_down1.71%

Income Statement (BNL)

itemJun 2024Mar 2024Dec 2023Sep 2023Jun 2023
EBIT$53.29M$52.50M$50.50M$56.75M$54.25M
EBITDA$90.70M$90.27M$89.78M$95.28M$93.29M
gross Profit$64.23M$65.68M$99.00M$103.83M$104.36M
NET Income$35.32M$65.11M$6.47M$49.68M$60.01M
total Revenue$106.93M$109.11M$105.00M$109.54M$109.35M

Balance Sheet (BNL)

itemJun 2024Mar 2024Dec 2023Sep 2023Jun 2023
cash Equivalents---$35.06M$20.76M
net Debt$1.94B$1.73B$1.89B$1.91B$1.98B
stockholders Equity$3.05B$3.07B$3.04B$3.12B$3.10B
total Assets$5.26B$5.26B$5.26B$5.33B$5.36B
total Debt$1.96B$1.95B$1.91B$1.96B$2.06B
total Liabilities$2.06B$2.05B$2.07B$2.05B$2.10B

Cash Flow (BNL)

itemJun 2024Mar 2024Dec 2023Sep 2023Jun 2023
financing Cash Flow-$51.34M-$73.00M-$40.91M-$102.18M-$46.98M
free Cash Flow$74.00M$67.73M$43.78M$68.02M$54.21M
investing Cash Flow---$73.87M$31.34M
operating Cash Flow$74.17M$70.86M$60.58M$73.88M$62.22M

Broadstone Net Lease (BNL) Financials

Broadstone Net Lease Inc (BNL) is a real estate investment trust (REIT) that specializes in single-tenant, net-leased properties. The company focuses on acquiring and managing a portfolio of high-quality commercial real estate assets across the United States. Through long-term triple net leases, BNL generates stable rental income and seeks to deliver consistent returns to its stockholders.
The income statement of Broadstone Net Lease Inc provides a comprehensive view of the company's financial performance. It shows the revenue generated from its properties, deducts operating expenses to calculate gross profit, and further subtracts interest, taxes, and other expenses to determine the net income available to stockholders. This statement allows investors to assess the profitability of BNL and evaluate its ability to generate consistent cash flows.
EBIT (earnings before interest and taxes) is a key metric used to measure the operating performance of Broadstone Net Lease Inc. It reflects the company's profitability without the impact of interest expenses and taxes. EBITDA (earnings before interest, taxes, depreciation, and amortization) goes a step further by excluding depreciation and amortization expenses, providing a clearer picture of BNL's cash-generating capacity.
Broadstone Net Lease Inc's gross profit is the difference between its total revenue and cost of goods sold. It represents the earnings derived from the company's core business operations. This metric is crucial in assessing BNL's ability to cover its operating expenses, such as property management costs and general overhead.
Net income from stockholders is an essential component of Broadstone Net Lease Inc's financial performance. It represents the net profit available to the company's stockholders after deducting all expenses. This figure determines the amount of earnings distributed to shareholders in the form of dividends.
Total revenue is a key indicator of Broadstone Net Lease Inc's financial success. It encompasses the rent collected from its properties, as well as any other income generated by the company. It serves as a measure of BNL's scale and growth trajectory.
The balance sheet of Broadstone Net Lease Inc provides a snapshot of its financial position at a specific point in time. It outlines the company's assets, liabilities, and stockholders' equity. By analyzing the balance sheet, investors can evaluate BNL's liquidity, leverage, and overall financial health.
Cash equivalents refer to highly liquid assets that can be readily converted into cash. They include short-term investments with maturities of three months or less. Broadstone Net Lease Inc may hold cash equivalents to ensure it has sufficient funds for operational needs or to take advantage of investment opportunities.
Net debt reflects the total debt of Broadstone Net Lease Inc minus its cash and cash equivalents. This metric gives insight into the company's ability to meet its financial obligations, as excessive debt can indicate higher risk.
Stockholders' equity represents the residual interest in the assets of Broadstone Net Lease Inc after deducting its liabilities. It reflects the shareholders' ownership in the company and can be an indicator of its financial stability.
Total assets represent the sum of all the valuable resources owned by Broadstone Net Lease Inc. It includes real estate properties, cash, investments, and other assets. This figure provides an overview of the company's overall wealth and value.
Total debt reflects the outstanding borrowings of Broadstone Net Lease Inc, including long-term and short-term debt obligations. It highlights the company's leverage and the amount of debt it has taken on to finance its operations or acquisitions.
Total liabilities encompass all of Broadstone Net Lease Inc's obligations and debts, including both short-term and long-term liabilities. This figure provides information on the company's financial obligations and its ability to meet them.
The cash flow statement of Broadstone Net Lease Inc details the inflows and outflows of cash from its operating, financing, and investing activities. It offers insights into the company's ability to generate cash, invest in its business, and distribute cash to stockholders.
Financing cash flow refers to the inflows and outflows of cash related to Broadstone Net Lease Inc's financing activities. It includes cash raised from issuing or repaying debt, as well as any dividends paid to stockholders. This metric helps evaluate the company's financing activities and capital structure.
Free cash flow is a critical metric for Broadstone Net Lease Inc, as it represents the cash remaining after deducting capital expenditures from operating cash flow. This measure indicates the amount of cash available for expansion, debt repayment, or distribution to stockholders.
Investing cash flow captures the cash inflows and outflows associated with Broadstone Net Lease Inc's investment activities. It includes the buying or selling of real estate properties, as well as any investments and acquisitions made by the company.
Operating cash flow reflects the cash generated from Broadstone Net Lease Inc's core operating activities. It reveals the company's ability to generate cash from its day-to-day operations, excluding financing and investment activities.
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