Broadstone Net Lease, Inc.
Broadstone Net Lease, Inc. (NYSE: BDN) operates as a publicly traded real estate investment trust focused on acquiring and managing a diversified portfolio of net lease properties across the United States. The company's website is www.broadstone.com. From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Broadstone Net Lease, Inc. does
In the company’s own words
Broadstone Net Lease, Inc. (NYSE: BDN) operates as a publicly traded real estate investment trust focused on acquiring and managing a diversified portfolio of net lease properties across the United States. The company's website is www.broadstone.com.
The company specializes in single-tenant, net lease commercial real estate, where tenants are responsible for property operating expenses, taxes, insurance, and maintenance. This business model generates stable, long-term rental income streams with minimal capital requirements for property upkeep. Broadstone's portfolio spans multiple sectors including retail, industrial, office, and other commercial property types, providing diversification across industries and geographies.
Broadstone operates through its primary subsidiary, Broadstone Net Lease, LLC, which holds the company's real estate assets and manages tenant relationships. The company's revenue is primarily derived from rental income generated by its net lease properties, supplemented by other real estate-related income streams. The portfolio encompasses properties located throughout the continental United States, providing geographic diversification that mitigates regional economic risks.
The company's competitive advantages include its experienced management team's expertise in net lease property acquisition and management, its diversified tenant base across multiple industries, and its focus on properties with creditworthy tenants under long-term lease agreements. This structure provides predictable cash flows and reduces operational complexity compared to traditional property management models.
Broadstone's capital structure includes term loan facilities and other debt instruments used to finance property acquisitions and refinance existing obligations. The company maintains relationships with multiple lenders and financial institutions to support its growth strategy and operational needs. As a REIT, Broadstone is required to distribute substantially all of its taxable income to shareholders, aligning the company's interests with investor returns while maintaining its tax-advantaged status under federal law.
Company details
- Sector
- Real Estate
- Industry
- REITs
- Headquarters
- VICTOR, NY
- Fiscal year end
- December
- CIK
- 1424182
- SIC
- 6798
Financial performance, year by year
Fiscal 2017–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Broadstone Net Lease, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Broadstone Net Lease, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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