BNL (Broadstone Net Lease) 3-Year RORE % : 25.14% (As of Mar. 2026)


BNL Broadstone Net Lease Inc BNL
78 GF Score
Price $21.85
GF Value $17.67
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Broadstone Net Lease 3-Year RORE %?

Broadstone Net Lease BNL +2.10% 78 3-Year RORE % is 25.14 as of Mar. 2026. GuruFocus rates BNL with a GF Score™ of 78/100 and a GF Value™ of $17.67 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 838 REITs companies, Broadstone Net Lease ranks better than 67.06% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Broadstone Net Lease's 3-Year RORE % for the quarter that ended in Mar. 2026 was 25.14%.

The industry rank for Broadstone Net Lease's 3-Year RORE % or its related term are showing as below:

BNL's 3-Year RORE % is ranked better than
67.06% of 838 companies
in the REITs industry
Industry Median: -0.315 vs BNL: 25.14

Broadstone Net Lease  (NYSE:BNL) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Broadstone Net Lease 3-Year RORE % Related Terms


Broadstone Net Lease 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Broadstone Net Lease's 3-Year RORE % 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 3-Year RORE % Chart

Broadstone Net Lease Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.25 -57.92 -15.61 -15.87 25.70

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
3-Year RORE % 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 15.38 31.90 43.33 25.70 25.14

BNL vs GNL, AAT, SAFE: 3-Year RORE % Comparison

For the REIT - Diversified subindustry, Broadstone Net Lease's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % vs REITs Industry

For the REITs industry and Real Estate sector, Broadstone Net Lease's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Broadstone Net Lease's 3-Year RORE % falls into.


BNL
78GF Score
Broadstone Net Lease Inc BNL
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Broadstone Net Lease 3-Year RORE % Calculation

Broadstone Net Lease's 3-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 0.65-0.96 )/( 2.22-3.453 )
=-0.31/-1.233
=25.14 %

* 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.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 25.14 mean?
Broadstone Net Lease (BNL) has a 3-Year RORE % of 25.14 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Broadstone Net Lease and its competitors. According to the industry distribution chart, Broadstone Net Lease ranks #276 out of 838 companies in the REITs industry, placing it in the top 32.9%.
Is Broadstone Net Lease's 3-Year RORE % too high?
Broadstone Net Lease's current 3-Year RORE % is 25.14. Based on the distribution chart, Broadstone Net Lease ranks #276 out of 838 companies in the REITs industry, which is above the industry midpoint. 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 3-Year RORE % compare to GNL and AAT?
According to the REITs industry distribution chart, Broadstone Net Lease ranks #276 out of 838 companies for 3-Year RORE %. This puts Broadstone Net Lease in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a REITs company?
A good 3-Year RORE % depends on the REITs industry context. However, 3-Year RORE % 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Broadstone Net Lease and its competitors. Broadstone Net Lease's current 3-Year RORE % is 25.14. 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 $17.67, compared to a current price of $21.85 — trading 23.7% above its estimated fair value. The current 3-Year RORE % is 25.14. 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 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Broadstone Net Lease (BNL), the current 3-Year RORE % is 25.14 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 $21.85 is trading 23.7% above its estimated GF Value™ of $17.67. GuruFocus considers Broadstone Net Lease to be Modestly Overvalued.

Key valuation signals for BNL:

  • 3-Year RORE %: 25.14
  • GF Value™: $17.67 vs. price of $21.85 (23.7% 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 EstateREITs
Other Exchanges 62XA:Germany
Address 207 High Point Drive, Suite 300, Victor, NY, USA, 14564
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

Get the complete analysis for BNL

3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.85
Price
$17.67
GF Value