BNL (Broadstone Net Lease) FFO per Share: $1.43 (TTM As of Mar. 2026)

What is Broadstone Net Lease FFO per Share?

Broadstone Net Lease BNL +1.02% 78 FFO per Share is $1.43 as of Mar. 2026. GuruFocus rates BNL with a GF Score™ of 78/100 and a GF Value™ of $17.71 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Broadstone Net Lease's FFO per Share for the three months ended in Mar. 2026 was $0.40. Broadstone Net Lease's FFO per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $1.43.

Broadstone Net Lease FFO per Share Related Terms

Broadstone Net Lease FFO per Share Historical Data

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The historical data trend for Broadstone Net Lease's FFO per Share 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 FFO per Share Chart

Broadstone Net Lease Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

FFO per Share

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1.46

1.45

1.47

1.39

Broadstone Net Lease Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
FFO per Share	Get a 7-Day Free Trial															0.36	0.37	0.32	0.35	0.40

BNL vs GNL, AAT, SAFE: FFO per Share Comparison

For the REIT - Diversified subindustry, Broadstone Net Lease's Price-to-FFO, along with its competitors' market caps and Price-to-FFO 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 Price-to-FFO vs REITs Industry

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

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

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78GF Score

Broadstone Net Lease Inc BNL

FFO per Share is just one metric. See GF Score™, valuation, warning signs, and more.

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Broadstone Net Lease FFO per Share Calculation

FFO per Share is the amount of funds from operations per outstanding share of the REITs stock.

Broadstone Net Lease's FFO per Share for the fiscal year that ended in Dec. 2025 is calculated as

FFO per Share (A: Dec. 2025 )	=	FFO (A: Dec. 2025	/	Shares Outstanding (Diluted Average) (A: Dec. 2025 )
	=	275.291	/	197.573
	=	1.39

Broadstone Net Lease's FFO per Share for the quarter that ended in Mar. 2026 is calculated as

FFO per Share (Q: Mar. 2026 )	=	FFO (Q: Mar. 2026 )	/	Shares Outstanding (Diluted Average) (Q: Mar. 2026 )
	=	79.429	/	199.754
	=	0.40

FFO per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.43

Frequently Asked Questions Learn more about FFO per Share →

What does a FFO per Share of $1.43 mean?

Broadstone Net Lease (BNL) has a FFO per Share of $1.43 as of Mar. 2026. For REITs, funds from operations equal earnings plus depreciation less gain on sales. View historical data on Broadstone Net Lease and its competitors.

Is Broadstone Net Lease's FFO per Share too high?

Broadstone Net Lease's current FFO per Share is $1.43. 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 FFO per Share compare to GNL and AAT?

Broadstone Net Lease's FFO per Share of $1.43 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good FFO per Share for a REITs company?

A good FFO per Share depends on the REITs industry context. However, FFO per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high FFO per Share mean?

A high FFO per Share can signal that a stock is expensive relative to its fundamentals. For REITs, funds from operations equal earnings plus depreciation less gain on sales. View historical data on Broadstone Net Lease and its competitors. Broadstone Net Lease's current FFO per Share is $1.43. 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 $17.71, compared to a current price of $21.83 — trading 23.3% above its estimated fair value. The current FFO per Share is $1.43. 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 FFO per Share calculated?

FFO per Share is calculated from a company's financial statements. For Broadstone Net Lease (BNL), the current FFO per Share is $1.43 as of Mar. 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 $21.83 is trading 23.3% above its estimated GF Value™ of $17.71. GuruFocus considers Broadstone Net Lease to be Modestly Overvalued.

Key valuation signals for BNL:

FFO per Share: $1.43
GF Value™: $17.71 vs. price of $21.83 (23.3% above fair value)
GF Score™: 78/100 with 9 warning signs

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 Estate REITs

Comparable Companies GNL AAT SAFE ESRT JBGS CTO GOOD AHRT OLP FVR ASX:GMG VICI WPC BSP:HSRE11 ASX:CHC ASX:SGP XPAR:COV ASX:GPT LSE:LAND MEX:FUNO11

Other Exchanges 62XA:Germany

Address 207 High Point Drive, Suite 300, Victor, NY, USA, 14564

Website https://www.broadstone.com

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

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FFO per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.83

Price

$17.71

GF Value

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