Broadstone Net Lease vs W. P. Carey
W. P. Carey is the larger business, with $1.72bn of revenue in fiscal 2025 against $454m for Broadstone Net Lease (3.8 times as much). W. P. Carey grew faster (8.4% against 5.2%). W. P. Carey kept more of each dollar of sales as profit: a net margin of 27.2% against 21.2%.
| Latest fiscal year | Broadstone Net LeaseBNL, 2025 | W. P. CareyWPC, 2025 |
|---|---|---|
| Revenue | $454m | $1.72bn |
| Revenue growth | 5.2% | 8.4% |
| Net income | $96.5m | $466m |
| Operating margin | — | — |
| Net margin | 21.2% | 27.2% |
| Return on equity | 3.3% | 5.6% |
| Free cash flow | $270m | — |
| Cash | $30.5m | $155m |
| Total debt | $2.52bn | $8.72bn |
| Debt to equity | 86.9% | — |
| Dividend per share | $1.16 | $3.62 |
| Dividend yield | 6.6% | 5.6% |
| Share buybacks | — | — |
| Employees | 62 | 199 |
| Market value | $3.43bn | $14.83bn |
| Price vs our value range | — | — |
| Moat score | 62 (Moderate) | 71 (Strong) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 1 sales |