Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Broadstone Net Lease's share price for the quarter that ended in Mar. 2024 was $15.67. Broadstone Net Lease's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 188.4 Mil. Therefore, Broadstone Net Lease's market cap for the quarter that ended in Mar. 2024 was $2,952.8 Mil.
Broadstone Net Lease's quarterly market cap
increased
from Sep. 2023 ($2,678.0 Mil) to Dec. 2023 ($3,230.7 Mil) but then
declined
from Dec. 2023 ($3,230.7 Mil) to Mar. 2024 ($2,952.8 Mil).
Broadstone Net Lease's annual market cap
declined
from Dec. 2021 ($4,030.3 Mil) to Dec. 2022 ($3,016.9 Mil) but then
increased
from Dec. 2022 ($3,016.9 Mil) to Dec. 2023 ($3,230.7 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Broadstone Net Lease's Enterprise Value for Today is $4,672.2 Mil.
Broadstone Net Lease Market Cap Historical Data
The historical data trend for Broadstone Net Lease's Market Cap 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.
Competitive Comparison of Broadstone Net Lease's Market Cap
For the REIT - Diversified subindustry, Broadstone Net Lease's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Broadstone Net Lease's Market Cap distribution charts can be found below:
* The bar in red indicates where Broadstone Net Lease's Market Cap falls into.
Broadstone Net Lease Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Broadstone Net Lease's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (NYSE:BNL) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Broadstone Net Lease Market Cap Related Terms
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Broadstone Net Lease (Broadstone Net Lease) Business Description
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.
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