Broadstone Net Lease vs JBG Smith Properties
Broadstone Net Lease and JBG Smith Properties are similar in size: $454m and $499m of revenue in their latest fiscal years. Broadstone Net Lease grew faster (5.2% against -8.9%). Broadstone Net Lease kept more of each dollar of sales as profit: a net margin of 21.2% against -27.9%. Broadstone Net Lease carries less debt relative to equity (86.9% against 220.0%).
| Latest fiscal year | Broadstone Net LeaseBNL, 2025 | JBG Smith PropertiesJBGS, 2025 |
|---|---|---|
| Revenue | $454m | $499m |
| Revenue growth | 5.2% | -8.9% |
| Net income | $96.5m | −$139m |
| Operating margin | — | — |
| Net margin | 21.2% | -27.9% |
| Return on equity | 3.3% | -9.4% |
| Free cash flow | $270m | — |
| Cash | $30.5m | $75.3m |
| Total debt | $2.52bn | $2.55bn |
| Debt to equity | 86.9% | 220.0% |
| Dividend per share | $1.16 | $0.70 |
| Dividend yield | 6.6% | 6.0% |
| Share buybacks | — | $444m |
| Employees | 62 | 596 |
| Market value | $3.43bn | $690m |
| Price vs our value range | — | — |
| Moat score | 62 (Moderate) | 32 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 5 sales |