← Broadstone Net Lease, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $36.4m |
$54.8m
+50.74%
|
$69.4m
+26.60%
|
$79.4m
+14.44%
|
$51.2m
-35.54%
|
$102.4m
+100.13%
|
$122.1m
+19.22%
|
$155.5m
+27.32%
|
$162.4m
+4.48%
|
$96.5m
-40.60%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | $51.0m |
$102.0m
+99.87%
|
$121.7m
+19.27%
|
$154.9m
+27.30%
|
$161.3m
+4.10%
|
$95.3m
-40.94%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $40.3m | $59.6m | $75.1m | $85.1m | $56.3m | $109.5m | $129.5m | $163.3m | $169.0m | $99.4m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $3.9m | $4.8m | $5.7m | $5.7m | $5.1m | $7.1m | $7.4m | $7.8m | $6.5m | $2.9m | — | |
| Depreciation, Depletion and Amortization | $45.8m | $62.8m | $83.7m | $105.4m | $131.6m | $128.9m | $150.0m | $152.8m | $151.8m | $159.6m | $168.4m | |
| Amortization of Debt Issuance Costs | $1.6m | $1.9m | $1.8m | $2.5m | $3.3m | $3.7m | $3.6m | $3.9m | $3.9m | $5.5m | — | |
| Amortization of Debt Issuance Costs and Discounts | $1.6m | $1.9m | $1.9m | $2.7m | $3.4m | $3.9m | $3.7m | $3.9m | $3.9m | $5.5m | — | |
| Amortization of Intangible Assets | — | — | — | — | $14.5m | $3.8m | $8.5m | $900k | $1.6m | $5.3m | — | |
| Share-based Payment Arrangement, Noncash Expense | — | — | — | — | $2.0m | $4.7m | $5.3m | $6.4m | $7.4m | $9.6m | $10.4m | |
| Other Nonoperating Income (Expense) | — | — | — | — | ($7k) | ($62k) | $5.7m | ($1.7m) | $6.2m | ($6.4m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $67.2m |
$97.9m
+45.77%
|
$128.0m
+30.70%
|
$147.4m
+15.11%
|
$179.0m
+21.49%
|
$244.9m
+36.81%
|
$255.9m
+4.48%
|
$271.1m
+5.92%
|
$276.3m
+1.91%
|
$299.5m
+8.41%
|
$283.0m
-5.50%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $1.9m | $6.6m | $5.0m | $5.1m | $10.8m | $1.6m | $31.4m | $46.3m | $16.8m | $29.7m | ($25.9m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | $30.9m | — | $0 | — | — | — | $0 | |
| Net Cash Provided by (Used in) Investing Activities | — | ($611.8m) | ($510.5m) | ($831.7m) | ($60.2m) | ($582.3m) | ($859.6m) | $24.3m | ($59.7m) | ($675.3m) | ($664.6m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($133k) | ($5.2m) | ($101k) | ($1.2m) | ($417k) | ($368k) | ($308k) | — | — | — | — | |
| Repayments of Long-term Debt | $11.4m | $386.1m | $34.7m | — | — | — | — | — | — | — | ($590.4m) | |
| Proceeds from Issuance of Long-term Debt | $114.0m | $515.0m | $415.0m | — | — | — | — | — | — | — | $1.2b | |
| Payments for Repurchase of Common Stock | $8.2m | $9.4m | $10.2m | $34.6m | — | — | — | — | — | — | — | |
| Payments of Ordinary Dividends, Common Stock | $35.7m | $44.5m | $51.8m | $62.0m | $71.5m | $154.5m | $181.2m | $207.5m | $216.8m | $218.8m | ($219.2m) | |
| Proceeds from Issuance of Common Stock | $246.5m | $272.8m | $215.9m | $329.8m | $588.5m | $280.4m | $495.6m | ($180k) | ($996k) | $37.9m | $37.9m | |
| Dividends Payable, Current | — | — | — | — | — | $45.9m | $54.5m | $56.9m | $58.3m | — | — | |
| Dividends Payable | $6.6m | $8.4m | $10.1m | $12.2m | $39.3m | $45.9m | $54.5m | $56.9m | $58.3m | $59.5m | — | |
| Net Cash Provided by (Used in) Financing Activities | $399.4m |
$500.9m
+25.43%
|
$391.3m
-21.87%
|
$685.7m
+75.21%
|
($28.4m)
-104.14%
|
$254.4m
+996.59%
|
$636.0m
+149.99%
|
($334.8m)
-152.64%
|
($221.2m)
+33.94%
|
$393.4m
+277.87%
|
$372.5m
-5.31%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | ($13.0m) | $19.0m | $20.3m | $110.7m | $27.8m | $60.0m | $20.6m | $16.0m | $33.6m | $12.9m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | — | $57.3m | $72.0m | $77.1m | $73.7m | $80.2m | — | |
| Additional Financial Items | ||||||||||||
| Asset Acquisition Contingent Consideration Liability | — | — | — | — | — | — | — | $300k | — | — | — | |
| Gain (Loss) on Sale of Properties | $5.9m | $13.0m | $10.5m | $29.9m | $15.0m | $13.5m | $16.0m | $54.3m | $73.2m | $12.6m | — | |
| Gain (Loss) on Termination of Lease | — | — | — | — | — | — | $2.5m | $7.5m | $1.2m | $400k | — | |
| General and Administrative Expense | $2.8m | $4.9m | $6.2m | $5.5m | $28.0m | $36.4m | $37.4m | $39.4m | $38.0m | $38.9m | — | |
| Goodwill | — | — | — | — | $339.8m | $339.8m | $339.8m | $339.8m | $339.8m | $339.8m | $15.2m | |
| Income Tax Expense (Benefit) | — | — | — | — | — | — | — | — | — | $1.2m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | — | $94.5m | — | |
| Investment Income, Interest | $88k | $467k | $179k | $9k | $24k | $17k | $44k | $512k | $994k | $389k | — | |
| Operating Lease, Lease Income | — | — | — | $279.5m | — | — | — | — | — | — | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $0 | $873k | $84k | $205k | $162k | — | — | — | — | — | — | |
| Proceeds from Noncontrolling Interests | — | — | — | — | — | — | — | — | $1.0m | $4.4m | — | |
| Real Estate Tax Expense | $0 | $0 | — | — | — | — | — | — | — | — | — |