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Broadstone Net Lease (Broadstone Net Lease) Retained Earnings : $-440.7 Mil (As of Dec. 2023)


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What is Broadstone Net Lease Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Broadstone Net Lease's retained earnings for the quarter that ended in Dec. 2023 was $-440.7 Mil.

Broadstone Net Lease's quarterly retained earnings declined from Jun. 2023 ($-391.6 Mil) to Sep. 2023 ($-393.6 Mil) and declined from Sep. 2023 ($-393.6 Mil) to Dec. 2023 ($-440.7 Mil).

Broadstone Net Lease's annual retained earnings declined from Dec. 2021 ($-318.5 Mil) to Dec. 2022 ($-386.0 Mil) and declined from Dec. 2022 ($-386.0 Mil) to Dec. 2023 ($-440.7 Mil).


Broadstone Net Lease Retained Earnings Historical Data

The historical data trend for Broadstone Net Lease's Retained Earnings 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.

* Premium members only.

Broadstone Net Lease Retained Earnings Chart

Broadstone Net Lease Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only -208.26 -259.67 -318.48 -386.05 -440.73

Broadstone Net Lease Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings 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 -386.05 -398.89 -391.63 -393.57 -440.73

Broadstone Net Lease Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Broadstone Net Lease  (NYSE:BNL) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Broadstone Net Lease (Broadstone Net Lease) Business Description

Traded in Other Exchanges
Address
800 Clinton Square, Rochester, NY, USA, 14604
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.
Executives
John David Moragne officer: See Remarks 800 CLINTON SQUARE, ROCHESTER NY 14604
Ryan M Albano officer: See Remarks 800 CLINTON SQUARE, ROCHESTER NY 14604
Michael B. Caruso officer: SVP, Finance BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Kevin Fennell officer: SVP - Capital Markets BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Roderick Pickney officer: SVP - Acquisitions BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Michael A Coke director TERRENO REALTY CORPORATION, 101 MONTGOMERY STREET, SUITE 200, SAN FRANCISCO CA 94104
Jennie O'brien officer: SVP - Accounting & Controller BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Jessica Duran director BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Laura L. Felice director C/O BJ'S WHOLESALE CLUB, INC., 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Lessard Laurier J Jr officer: SVP - Asset Management BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Molly Wiegel officer: SVP - Human Resources BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Denise Brooks-williams director BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Andrea T. Wright officer: SVP, Property Management BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Kristen Duckles officer: SVP & Chief Admin. Officer BROADSTONE NET LEASE, INC., 800 CLINTON SQUARE, ROCHESTER NY 14604
Christopher J Czarnecki director, officer: Chief Executive Officer 800 CLINTON SQUARE, ROCHESTER NY 14604