Broadstone Net Lease, Inc.(BNL)Stock Analysis
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Rank #1,245 of 2,879 stocksTOP 50%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
BNL Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Broadstone Net Lease, Inc. (BNL), a Real Estate sector company. 13F Pro's AI-powered ranking engine scores BNL at 54.0/100 on a 32-signal composite quality model, placing it at rank #1,245 of 2,879 stocks — the top half of the AI-ranked universe. BNL scores in the top quartile across free cash flow (94.2), profitability (82.3). Areas of concern include institutional flow (3.9) and earnings quality (13.5), which score below median versus the broader universe. Shareholder dilution risk is elevated at 40.3/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Broadstone Net Lease, Inc. reports quarterly revenue of $121.4M, net income of $46.4M, an operating margin of 38.2%. Top institutional holders of BNL by reported 13-F value include BlackRock,, STATE STREET, Nuveen,, based on the most recent SEC filings. BNL trades on the NYSE exchange and files with the SEC under CIK 1424182. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate BNL daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Broadstone Net Lease, Inc. directly from SEC EDGAR. Broadstone Net Lease, Inc.'s 13F Pro composite quality score has ranged between 8 and 71 since 2021, currently 54.0 — a declining long-term trajectory across 56 quarterly and live scoring snapshots.
Revenue
Q1 2026
$121.4M
Net Income
Q1 2026
$46.4M
Free Cash Flow
Q1 2026
$74.7M
Operating Margin
Q1 2026
38.2%
ROIC
Q1 2026
0.8%
D/E Ratio
Q1 2026
0.92
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+5.2% YoYNet Income
-40.6% YoYEPS (Diluted)
-41.9% YoYTotal Assets
+9.6% YoYTotal Debt
+31.4% YoYOp. Cash Flow
+8.4% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $454.1M +5.2% | $431.8M -2.5% | $442.9M +8.7% | $407.5M +26.7% | $321.6M +7.6% | $298.8M |
| Net Income | $96.5M -40.6% | $162.4M +4.5% | $155.5M +27.3% | $122.1M +138.6% | $51.2M -35.5% | $79.4M |
| EPS (Diluted) | $0.50 -41.9% | $0.86 +3.6% | $0.83 +15.3% | $0.72 +63.6% | $0.44 -47.0% | $0.83 |
| Total Assets | $5.72B +9.6% | $5.22B -1.0% | $5.27B -3.5% | $5.46B +28.2% | $4.26B +8.7% | $3.92B |
| Total Debt | $2.52B +31.4% | $1.92B +0.0% | $1.92B -5.6% | $2.03B +31.4% | $1.55B -22.2% | $1.99B |
| Operating Cash Flow | $299.5M +8.4% | $276.3M +1.9% | $271.1M +5.9% | $255.9M +42.9% | $179.0M +21.5% | $147.4M |
AI Insight: BNL Financial Trends
Revenue grew steadily from $106M to $121M over eight quarters, but debt ballooned 39% from $1.9B to $2.7B while equity declined.
• Revenue increased 14% from $106M in Q2 2024 to $121M in Q1 2026.
• Net income declined from $35M in Q2 2024 to $17M in Q1 2025 before recovering to $46M in Q1 2026.
• Total debt surged 39% from $1.9B in Q2 2024 to $2.7B in Q1 2026.
• Equity decreased 5% from $3.1B in Q2 2024 to $2.9B in Q1 2026.
⚠ Debt acceleration intensified with $531M added over past four quarters versus $46M in prior four quarters.
⚠ Operating cash flow volatility ranges from $64M to $85M with no clear trend direction.
AI Insight: BNL Ratio Trends
BNL's profitability recovered sharply with net margin surging from 15.4% in Q1 2025 to 38.2% in Q1 2026, though leverage increased meaningfully.
• Net profit margin recovered dramatically from 15.4% trough in Q1 2025 to 38.2% in Q1 2026.
• ROE doubled from 2.3% in Q1 2025 to 6.4% in Q1 2026 as profitability rebounded.
• ROA expanded from 1.3% in Q1 2025 to 3.2% in Q1 2026, showing improved asset efficiency.
⚠ Debt-to-equity ratio climbed from 0.62 in Q2 2024 to 0.92 in Q1 2026, indicating rising leverage.
⚠ TTM net margin of 27.0% trails Q1 2026's 38.2%, suggesting recent quarterly strength may include one-offs.
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Available Research
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Top Institutional Holders of BNL
BlackRock, Inc.
$463.3M25,359,936 shSTATE STREET CORP
$146.5M7,896,068 shNuveen, LLC
$108.7M5,947,924 shGEODE CAPITAL MANAGEMENT, LLC
$96.4M5,275,892 shInvesco Ltd.
$83.0M4,545,055 shALLIANCEBERNSTEIN L.P.
$77.5M4,463,519 shCHARLES SCHWAB INVESTMENT MANAGEMENT INC
$63.5M3,477,993 shFULLER & THALER ASSET MANAGEMENT, INC.
$55.9M3,057,793 shAEW CAPITAL MANAGEMENT L P
$55.2M3,019,176 shDIMENSIONAL FUND ADVISORS LP
$49.3M2,696,795 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $463.3M | 25,359,936 |
| STATE STREET CORP | $146.5M | 7,896,068 |
| Nuveen, LLC | $108.7M | 5,947,924 |
| GEODE CAPITAL MANAGEMENT, LLC | $96.4M | 5,275,892 |
| Invesco Ltd. | $83.0M | 4,545,055 |
| ALLIANCEBERNSTEIN L.P. | $77.5M | 4,463,519 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $63.5M | 3,477,993 |
| FULLER & THALER ASSET MANAGEMENT, INC. | $55.9M | 3,057,793 |
| AEW CAPITAL MANAGEMENT L P | $55.2M | 3,019,176 |
| DIMENSIONAL FUND ADVISORS LP | $49.3M | 2,696,795 |
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Popular Research
Is BNL a good stock to buy?
13F Pro's AI-powered analysis of Broadstone Net Lease, Inc. (BNL) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Real Estate sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for BNL are available on the BNL stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own BNL?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling BNL. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Broadstone Net Lease, Inc.'s investment landscape.