Broadstone Net LeaseBNL +0.90%78 Quick Ratio is 0.39 as of Mar. 2026, which is 53% below its 10-year median of 0.83. GuruFocus rates BNL with a GF Score™ of 78/100 and a GF Value™ of $17.62 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 760 REITs companies, Broadstone Net Lease ranks worse than 75.26% on this metric.
Broadstone Net Lease has a quick ratio of 0.39. It indicates that the company cannot currently fully pay back its current liabilities.
The historical rank and industry rank for Broadstone Net Lease's Quick Ratio or its related term are showing as below:
BNL'
s Quick Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.83 Max: 3.29
Current: 0.39
During the past 11 years, Broadstone Net Lease's highest Quick Ratio was 3.29. The lowest was 0.23. And the median was 0.83.
BNL's Quick Ratio is ranked worse than 75.26% of 760
companies
in the REITs industry
Industry Median: 0.87
vs BNL: 0.39
Broadstone Net Lease (NYSE:BNL) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Broadstone Net Lease Quick Ratio Related Terms
Broadstone Net Lease Quick Ratio Historical Data
* Premium members only.
The historical data trend for Broadstone Net Lease's Quick Ratio 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.
For the REIT - Diversified subindustry, Broadstone Net Lease's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Broadstone Net Lease's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Broadstone Net Lease's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Broadstone Net Lease's Quick Ratio for the fiscal year that ended in Dec. 2025 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 (BNL) has a Quick Ratio of 0.39 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Broadstone Net Lease and its competitors. This is 53% below median its historical median of 0.83. Over the past decade, Broadstone Net Lease's Quick Ratio has ranged from 0.23 to 3.29. According to the industry distribution chart, Broadstone Net Lease ranks #572 out of 760 companies in the REITs industry, placing it in the top 75.3%.
Is Broadstone Net Lease's Quick Ratio too high?
Broadstone Net Lease's current Quick Ratio of 0.39 is 53% below median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 3.29. The REITs industry median Quick Ratio is 0.87. Broadstone Net Lease's value of 0.39 is 55.2% below this industry median. Based on the distribution chart, Broadstone Net Lease ranks #572 out of 760 companies in the REITs industry, which is in the bottom quartile relative to peers. 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 Quick Ratio compare to GNL and AAT?
According to the REITs industry distribution chart, Broadstone Net Lease ranks #572 out of 760 companies for Quick Ratio. This places Broadstone Net Lease in the lower half of its industry. The industry median Quick Ratio is 0.87. Broadstone Net Lease's value of 0.39 is 55.2% below this benchmark. Historically, Broadstone Net Lease's own Quick Ratio has ranged from 0.23 to 3.29 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.87, Broadstone Net Lease has consistently been below 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 Quick Ratio for a REITs company?
The median Quick Ratio among REITs companies is 0.87, based on 760 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Broadstone Net Lease's current Quick Ratio of 0.39 is 55.2% below 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Broadstone Net Lease and its competitors. For the REITs industry, the median Quick Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Broadstone Net Lease's current Quick Ratio is 0.39, which is 53% below median its own 10-year median of 0.83. 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 $17.62, compared to a current price of $21.21 — trading 20.4% above its estimated fair value. The current Quick Ratio is 0.39, which is 53% below median its 10-year median of 0.83 and 55.2% below the REITs industry median of 0.87. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Broadstone Net Lease (BNL), the current Quick Ratio is 0.39 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 $21.21 is trading 20.4% above its estimated GF Value™ of $17.62.
GuruFocus considers Broadstone Net Lease to be Modestly Overvalued.
Key valuation signals for BNL:
Quick Ratio: 0.39 (53% below median its 10-year median of 0.83)
GF Value™: $17.62 vs. price of $21.21 (20.4% above fair value)
Industry Position: 55.2% below the REITs median (#572 of 760)
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 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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