Broadstone Net Lease Inc (BNL) — Tangible Net Worth Ratio

Latest as of March 2026: 91.3%

Broadstone Net Lease Inc (BNL) has a Tangible Net Worth Ratio of 91.3% as of March 2026. This metric is calculated by deducting intangible assets ($261.98 Million) from net assets ($3.02 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Broadstone Net Lease Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

91.3%
Tangible equity / total equity

Net Assets (Equity)

$3.02 Billion
USD

Intangible Assets

$261.98 Million
Goodwill, patents, brand value

Total Assets

$5.85 Billion
USD

Broadstone Net Lease Inc Tangible Net Worth Ratio (2015–2025)

This chart shows how Broadstone Net Lease Inc's Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 91.3%, reflecting net assets of $3.02 Billion with intangible assets of $261.98 Million USD. See how many days can Broadstone Net Lease Inc fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Broadstone Net Lease Inc (2015–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Broadstone Net Lease Inc from 2015 to 2025, covering 11 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Broadstone Net Lease Inc (BNL) market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 91.2% $3.03 Billion $268.01 Million $5.72 Billion ▼ -0.3 pp
2024 91.5% $3.14 Billion $267.64 Million $5.22 Billion ▲ +0.5 pp
2023 91.0% $3.19 Billion $288.23 Million $5.27 Billion ▲ +1.1 pp
2022 89.9% $3.26 Billion $329.58 Million $5.46 Billion ▲ +1.0 pp
2021 88.9% $2.74 Billion $303.64 Million $4.62 Billion ▲ +0.7 pp
2020 88.3% $2.48 Billion $290.91 Million $4.26 Billion ▲ +6.9 pp
2019 81.3% $1.78 Billion $331.89 Million $3.92 Billion ▲ +0.1 pp
2018 81.3% $1.53 Billion $286.26 Million $3.10 Billion ▲ +0.2 pp
2017 81.1% $1.28 Billion $242.66 Million $2.58 Billion ▼ -2.1 pp
2016 83.2% $998.54 Million $168.12 Million $1.95 Billion ▼ -2.4 pp
2015 85.6% $747.95 Million $107.75 Million $1.46 Billion
pp = percentage points