Broadstone Net Lease vs Global Net Lease
Broadstone Net Lease and Global Net Lease are similar in size: $454m and $495m of revenue in their latest fiscal years. Broadstone Net Lease grew faster (5.2% against -13.1%). Broadstone Net Lease kept more of each dollar of sales as profit: a net margin of 21.2% against -54.4%. Global Net Lease carries less debt relative to equity (76.0% against 86.9%).
| Latest fiscal year | Broadstone Net LeaseBNL, 2025 | Global Net LeaseGNL, 2025 |
|---|---|---|
| Revenue | $454m | $495m |
| Revenue growth | 5.2% | -13.1% |
| Net income | $96.5m | −$269m |
| Operating margin | — | 22.4% |
| Net margin | 21.2% | -54.4% |
| Return on equity | 3.3% | -14.0% |
| Free cash flow | $270m | $189m |
| Cash | $30.5m | $180m |
| Total debt | $2.52bn | $1.26bn |
| Debt to equity | 86.9% | 76.0% |
| Dividend per share | $1.16 | $0.84 |
| Dividend yield | 6.6% | 11.3% |
| Share buybacks | — | $120m |
| Employees | 62 | 56 |
| Market value | $3.43bn | $1.45bn |
| Price vs our value range | — | — |
| Moat score | 62 (Moderate) | 56 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |