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Broadstone Net Lease (STU:62XA) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Broadstone Net Lease had a gross margin of 95.24% for the quarter that ended in Jun. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Broadstone Net Lease Gross Margin % Related Terms
Broadstone Net Lease Gross Margin % Historical Data
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The historical data trend for Broadstone Net Lease's Gross Margin % 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.
STU:62XA vs GNL, AAT, SAFE: Gross Margin % Comparison
For the REIT - Diversified subindustry, Broadstone Net Lease's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Broadstone Net Lease's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Broadstone Net Lease's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Broadstone Net Lease (STU:62XA) has a Gross Margin % of 95.24% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Broadstone Net Lease and its competitors. This is near median its historical median of 94.92. Over the past decade, Broadstone Net Lease's Gross Margin % has ranged from 94.27 to 97.27. According to the industry distribution chart, Broadstone Net Lease ranks #63 out of 670 companies in the REITs industry, placing it in the top 9.4%.
Is Broadstone Net Lease's Gross Margin % too high?
Broadstone Net Lease's current Gross Margin % of 95.24% is near median its 10-year median of 94.92. Over the past 10 years, this metric has ranged from a low of 94.27 to a high of 97.27. The REITs industry median Gross Margin % is 69.71. Broadstone Net Lease's value of 95.24% is 36.6% above this industry median. Based on the distribution chart, Broadstone Net Lease ranks #63 out of 670 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Broadstone Net Lease has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Broadstone Net Lease's Gross Margin % compare to GNL and AAT?
According to the REITs industry distribution chart, Broadstone Net Lease ranks #63 out of 670 companies for Gross Margin %. This places Broadstone Net Lease in the top 9% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 69.71. Broadstone Net Lease's value of 95.24% is 36.6% above this benchmark. Historically, Broadstone Net Lease's own Gross Margin % has ranged from 94.27 to 97.27 over the past decade. While the company's 10-year median is 94.92 vs. the industry median of 69.71, 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 Gross Margin % for a REITs company?
The median Gross Margin % among REITs companies is 69.71, based on 670 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Broadstone Net Lease's current Gross Margin % of 95.24% is 36.6% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Broadstone Net Lease and its competitors. For the REITs industry, the median Gross Margin % is 69.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Broadstone Net Lease's current Gross Margin % is 95.24%, which is near median its own 10-year median of 94.92. 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?
Broadstone Net Lease (STU:62XA) has a current Gross Margin % of 95.24%. The stock's GF Value™ is €15.82, compared to a current price of €18.60 — trading 17.6% above its estimated fair value. The current Gross Margin % is 95.24%, which is near median its 10-year median of 94.92 and 36.6% above the REITs industry median of 69.71. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Broadstone Net Lease (STU:62XA), the current Gross Margin % is 95.24% as of Jun. 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 (STU:62XA) Overvalued in 2026?
Based on GuruFocus' analysis, Broadstone Net Lease stock appears to be overvalued.
The current stock price of €18.60 is trading 17.6% above its estimated GF Value™ of €15.82.
Key valuation signals for STU:62XA:
Gross Margin %: 95.24% (near median its 10-year median of 94.92)
GF Value™: €15.82 vs. price of €18.60 (17.6% above fair value)
Industry Position: 36.6% above the REITs median (#63 of 670)
No single metric tells the full story. See the STU:62XA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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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