BNL (Broadstone Net Lease) EV-to-EBIT: 26.93 (As of Aug. 05, 2026) — Near Median

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BNL Broadstone Net Lease Inc BNL
78 GF Score
Price $21.16
GF Value $18.37
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Broadstone Net Lease EV-to-EBIT?

Broadstone Net Lease BNL -0.47% 78 EV-to-EBIT is 26.93 as of Aug. 05, 2026, which is 2% below its 10-year median of 27.40. GuruFocus rates BNL with a GF Score™ of 78/100 and a GF Value™ of $18.37 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 655 REITs companies, Broadstone Net Lease ranks worse than 68.85% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Broadstone Net Lease's Enterprise Value is $6,848.8 Mil. Broadstone Net Lease's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $254.3 Mil. Therefore, Broadstone Net Lease's EV-to-EBIT for today is 26.93.

The historical rank and industry rank for Broadstone Net Lease's EV-to-EBIT or its related term are showing as below:

BNL' s EV-to-EBIT Range Over the Past 10 Years
Min: 17.1   Med: 27.4   Max: 41.97
Current: 26.93

During the past 11 years, the highest EV-to-EBIT of Broadstone Net Lease was 41.97. The lowest was 17.10. And the median was 27.40.

BNL's EV-to-EBIT is ranked worse than
68.85% of 655 companies
in the REITs industry
Industry Median: 18.2 vs BNL: 26.93

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Broadstone Net Lease's Enterprise Value for the quarter that ended in Jun. 2026 was $6,754.8 Mil. Broadstone Net Lease's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $254.3 Mil. Broadstone Net Lease's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 3.77%.


Broadstone Net Lease  (NYSE:BNL) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Broadstone Net Lease's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=254.321/6754.82389
=3.77 %

Broadstone Net Lease's Enterprise Value for the quarter that ended in Jun. 2026 was $6,754.8 Mil.
Broadstone Net Lease's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $254.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Broadstone Net Lease EV-to-EBIT Related Terms


Broadstone Net Lease EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Broadstone Net Lease's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Broadstone Net Lease EV-to-EBIT Chart

Broadstone Net Lease Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.44 24.77 21.58 20.58 30.42

Broadstone Net Lease Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.15 31.87 30.42 27.29 26.56

BNL vs GNL, AAT, SAFE: EV-to-EBIT Comparison

For the REIT - Diversified subindustry, Broadstone Net Lease's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Broadstone Net Lease EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Broadstone Net Lease's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Broadstone Net Lease's EV-to-EBIT falls into.


BNL
78GF Score
Broadstone Net Lease Inc BNL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Broadstone Net Lease EV-to-EBIT Calculation

Broadstone Net Lease's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6848.777/254.321
=26.93

Broadstone Net Lease's current Enterprise Value is $6,848.8 Mil.
Broadstone Net Lease's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $254.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 26.93 mean?
Broadstone Net Lease (BNL) has a EV-to-EBIT of 26.93 as of Aug. 05, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Broadstone Net Lease and its competitors. This is near median its historical median of 27.40. Over the past decade, Broadstone Net Lease's EV-to-EBIT has ranged from 17.10 to 41.97. According to the industry distribution chart, Broadstone Net Lease ranks #451 out of 655 companies in the REITs industry, placing it in the top 68.9%.
Is Broadstone Net Lease's EV-to-EBIT too high?
Broadstone Net Lease's current EV-to-EBIT of 26.93 is near median its 10-year median of 27.40. Over the past 10 years, this metric has ranged from a low of 17.10 to a high of 41.97. The REITs industry median EV-to-EBIT is 18.20. Broadstone Net Lease's value of 26.93 is 48% above this industry median. Based on the distribution chart, Broadstone Net Lease ranks #451 out of 655 companies in the REITs industry, which is below the industry midpoint. Overall, Broadstone Net Lease has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Broadstone Net Lease's EV-to-EBIT compare to GNL and AAT?
According to the REITs industry distribution chart, Broadstone Net Lease ranks #451 out of 655 companies for EV-to-EBIT. This places Broadstone Net Lease in the lower half of its industry. The industry median EV-to-EBIT is 18.20. Broadstone Net Lease's value of 26.93 is 48% above this benchmark. Historically, Broadstone Net Lease's own EV-to-EBIT has ranged from 17.10 to 41.97 over the past decade. While the company's 10-year median is 27.40 vs. the industry median of 18.20, Broadstone Net Lease has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a REITs company?
The median EV-to-EBIT among REITs companies is 18.20, based on 655 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Broadstone Net Lease's current EV-to-EBIT of 26.93 is 48% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Broadstone Net Lease and its competitors. For the REITs industry, the median EV-to-EBIT is 18.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Broadstone Net Lease's current EV-to-EBIT is 26.93, which is near median its own 10-year median of 27.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Broadstone Net Lease stock overvalued right now?
Based on GuruFocus' analysis, Broadstone Net Lease (BNL) is currently considered Modestly Overvalued. The stock's GF Value™ is $18.37, compared to a current price of $21.16 — trading 15.2% above its estimated fair value. The current EV-to-EBIT is 26.93, which is near median its 10-year median of 27.40 and 48% above the REITs industry median of 18.20. Broadstone Net Lease's overall GF Score™ is 78/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Broadstone Net Lease (BNL), the current EV-to-EBIT is 26.93 as of Aug. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Broadstone Net Lease (BNL) Overvalued in 2026?

Based on GuruFocus' analysis, Broadstone Net Lease stock appears to be overvalued. The current stock price of $21.16 is trading 15.2% above its estimated GF Value™ of $18.37. GuruFocus considers Broadstone Net Lease to be Modestly Overvalued.

Key valuation signals for BNL:

  • EV-to-EBIT: 26.93 (near median its 10-year median of 27.40)
  • GF Value™: $18.37 vs. price of $21.16 (15.2% above fair value)
  • GF Score™: 78/100 with 9 warning signs
  • Industry Position: 48% above the REITs median (#451 of 655)

No single metric tells the full story. See the BNL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Broadstone Net Lease Business Description

Industry Real EstateREITs
Other Exchanges 62XA:Germany
Address 207 High Point Drive, Suite 300, Victor, NY, USA, 14564
Broadstone Net Lease Inc is an internally managed real estate investment trust that invests in, owns, and manages single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. The company has selectively invested in net leased assets in the industrial, healthcare, restaurant, retail, and office property types. The company focuses on investing in real estate that is operated by creditworthy single tenants in industries characterized by positive business drivers and trends. The company targets properties that are an integral part of the tenants' businesses and are therefore opportunities to secure long-term net leases.
78GF Score

Get the complete analysis for BNL

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.16
Price
$18.37
GF Value