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BNLNYSEReal Estate Investment TrustsFiscal year ends December 31

Broadstone Net Lease, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q/A on Jul 29, 2026
$17.66−0.47 (-2.59%)

Close on Oct 19, 2026

Market cap
$3.54B
P/E (TTM)
23.2
Dividend yield
6.57%

About Broadstone Net Lease

Real Estate Investment Trusts, SIC 6798

The company is an industrial-focused net lease real estate investment trust that acquires, develops, and manages single-tenant commercial properties. It leases these facilities to businesses under long-term net contracts, allowing tenants to retain operational control of their locations. Its portfolio concentrates on industrial and retail real estate, alongside office and healthcare assets. Industrial properties include distribution warehouses, manufacturing facilities, food processing plants, and cold storage units. Retail locations encompass general merchandise stores, quick-service eateries, and casual dining restaurants. Its customers are commercial tenants and brand operators spanning diverse industries, including logistics, food, and retail.

The company's real estate portfolio consists of 771 properties encompassing approximately 41.6 million rentable square feet. Geographically, the portfolio spans two countries, with 764 properties across 44 U.S. states and seven properties across four Canadian provinces. Across its properties, the firm serves 206 commercial tenants representing 197 brands in 57 different industries. The provided text does not state the company's corporate headquarters.

Summary of the business section of Broadstone Net Lease's latest annual report, written by StockData.

Company profile

Company

Legal name
Broadstone Net Lease, Inc.
Headquarters
Victor, NY
Address
207 High Point Drive 14564
Phone
(585) 287-6500
Employees
62, Dec 31, 2025
Industry
Real Estate Investment Trusts
Fiscal year ends
December 31
Auditor
Deloitte & Touche LLP, Rochester, New York

Stock & identifiers

Ticker
BNL
Exchange
NYSE
IPO date
Sep 17, 2020
Shares outstanding
192M, Jul 24, 2026
Public float
$3.00B, Jun 30, 2025
Filer category
Large accelerated filer
Stock splits
4-for-1, Nov 5, 2020
SEC CIK
1424182
CUSIP
11135E203
ISIN
US11135E2037
LEI
549300U8D7PT70B49V21
EIN
26-1516177

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Kevin FennellEVP, CFO & Treasurer220,036
Jennie O'BrienSVP, Chief Accounting Officer81,620
Michael B. CarusoSVP, Underwriting & Strategy117,417
John David MoragneCEO652,483
Ryan M. AlbanoPresident & COO400,605
John CallanSVP & General Counsel108,610
Molly WiegelSVP, Human Resources & Admin75,873
William D. GarnerSVP, Acquisitions84,842
Richard P. ImperialeDirector31,250
James H. WattersDirector127,349
Laurie A. HawkesDirector145,683
David M. JacobsteinDirector75,760
Laura L. FeliceDirector33,637
Michael A. CokeDirector85,902
Joseph SaffireDirector21,250
Jessica DuranDirector30,560

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
John DMoragne
$6.07M$9.79M$2.15M$121$138
FY2024
Christopher JCzarnecki
$0$0$2.71M$103$134
FY2024
John DMoragne
$6.61M$7.48M$2.71M$103$134
FY2023
Christopher JCzarnecki
$944.35K$1.14M$1.85M$105$123
FY2023
John DMoragne
$4.20M$4.33M$1.85M$105$123
FY2022$4.46M$2.20M$1.52M$92$108

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“As of December 31, 2025, we employed 62 full-time employees, comprised of talented professionals engaged in origination, underwriting, closing, accounting and financial reporting, property and asset management, capital markets, and other corporate activities essential to our business.”

Corporate history

Events identified from SEC filings