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BNL vs. ADC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between BNL and ADC is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.3

Performance

BNL vs. ADC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Broadstone Net Lease, Inc. (BNL) and Agree Realty Corporation (ADC). The values are adjusted to include any dividend payments, if applicable.

25.00%30.00%35.00%40.00%45.00%50.00%December2025FebruaryMarchAprilMay
38.57%
41.63%
BNL
ADC

Key characteristics

Sharpe Ratio

BNL:

0.74

ADC:

2.19

Sortino Ratio

BNL:

1.15

ADC:

2.96

Omega Ratio

BNL:

1.14

ADC:

1.37

Calmar Ratio

BNL:

0.42

ADC:

1.70

Martin Ratio

BNL:

1.79

ADC:

10.50

Ulcer Index

BNL:

8.96%

ADC:

3.71%

Daily Std Dev

BNL:

21.53%

ADC:

17.80%

Max Drawdown

BNL:

-43.56%

ADC:

-70.25%

Current Drawdown

BNL:

-27.85%

ADC:

-2.46%

Fundamentals

Market Cap

BNL:

$3.17B

ADC:

$8.54B

EPS

BNL:

$0.86

ADC:

$1.77

PE Ratio

BNL:

18.81

ADC:

43.85

PS Ratio

BNL:

7.35

ADC:

13.41

PB Ratio

BNL:

1.01

ADC:

1.56

Total Revenue (TTM)

BNL:

$436.16M

ADC:

$636.80M

Gross Profit (TTM)

BNL:

$341.65M

ADC:

$458.10M

EBITDA (TTM)

BNL:

$357.15M

ADC:

$534.96M

Returns By Period

In the year-to-date period, BNL achieves a 1.74% return, which is significantly lower than ADC's 10.67% return.


BNL

YTD

1.74%

1M

-7.25%

6M

-6.57%

1Y

16.31%

5Y*

N/A

10Y*

N/A

ADC

YTD

10.67%

1M

0.44%

6M

5.73%

1Y

39.52%

5Y*

8.75%

10Y*

14.27%

*Annualized

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Risk-Adjusted Performance

BNL vs. ADC — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BNL
The Risk-Adjusted Performance Rank of BNL is 7171
Overall Rank
The Sharpe Ratio Rank of BNL is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of BNL is 6969
Sortino Ratio Rank
The Omega Ratio Rank of BNL is 6666
Omega Ratio Rank
The Calmar Ratio Rank of BNL is 7070
Calmar Ratio Rank
The Martin Ratio Rank of BNL is 7171
Martin Ratio Rank

ADC
The Risk-Adjusted Performance Rank of ADC is 9494
Overall Rank
The Sharpe Ratio Rank of ADC is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of ADC is 9494
Sortino Ratio Rank
The Omega Ratio Rank of ADC is 9292
Omega Ratio Rank
The Calmar Ratio Rank of ADC is 9191
Calmar Ratio Rank
The Martin Ratio Rank of ADC is 9595
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BNL vs. ADC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Broadstone Net Lease, Inc. (BNL) and Agree Realty Corporation (ADC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The chart of Sharpe ratio for BNL, currently valued at 0.74, compared to the broader market-2.00-1.000.001.002.003.00
BNL: 0.74
ADC: 2.19
The chart of Sortino ratio for BNL, currently valued at 1.15, compared to the broader market-6.00-4.00-2.000.002.004.00
BNL: 1.15
ADC: 2.96
The chart of Omega ratio for BNL, currently valued at 1.14, compared to the broader market0.501.001.502.00
BNL: 1.14
ADC: 1.37
The chart of Calmar ratio for BNL, currently valued at 0.42, compared to the broader market0.001.002.003.004.005.00
BNL: 0.42
ADC: 1.70
The chart of Martin ratio for BNL, currently valued at 1.79, compared to the broader market-10.000.0010.0020.00
BNL: 1.79
ADC: 10.50

The current BNL Sharpe Ratio is 0.74, which is lower than the ADC Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of BNL and ADC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00December2025FebruaryMarchAprilMay
0.74
2.19
BNL
ADC

Dividends

BNL vs. ADC - Dividend Comparison

BNL's dividend yield for the trailing twelve months is around 7.31%, more than ADC's 3.93% yield.


TTM20242023202220212020201920182017201620152014
BNL
Broadstone Net Lease, Inc.
7.31%7.28%6.50%6.66%4.13%7.85%0.00%0.00%0.00%0.00%0.00%0.00%
ADC
Agree Realty Corporation
3.93%4.26%4.64%3.95%3.65%3.61%3.25%3.65%3.94%4.17%5.43%5.60%

Drawdowns

BNL vs. ADC - Drawdown Comparison

The maximum BNL drawdown since its inception was -43.56%, smaller than the maximum ADC drawdown of -70.25%. Use the drawdown chart below to compare losses from any high point for BNL and ADC. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-27.85%
-2.46%
BNL
ADC

Volatility

BNL vs. ADC - Volatility Comparison

Broadstone Net Lease, Inc. (BNL) has a higher volatility of 10.90% compared to Agree Realty Corporation (ADC) at 8.32%. This indicates that BNL's price experiences larger fluctuations and is considered to be riskier than ADC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%December2025FebruaryMarchAprilMay
10.90%
8.32%
BNL
ADC

Financials

BNL vs. ADC - Financials Comparison

This section allows you to compare key financial metrics between Broadstone Net Lease, Inc. and Agree Realty Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


60.00M80.00M100.00M120.00M140.00M160.00M20212022202320242025
108.69M
169.16M
(BNL) Total Revenue
(ADC) Total Revenue
Values in USD except per share items

BNL vs. ADC - Profitability Comparison

The chart below illustrates the profitability comparison between Broadstone Net Lease, Inc. and Agree Realty Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

50.0%60.0%70.0%80.0%90.0%100.0%20212022202320242025
100.0%
88.0%
(BNL) Gross Margin
(ADC) Gross Margin
BNL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Broadstone Net Lease, Inc. reported a gross profit of 108.69M and revenue of 108.69M. Therefore, the gross margin over that period was 100.0%.
ADC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Agree Realty Corporation reported a gross profit of 148.78M and revenue of 169.16M. Therefore, the gross margin over that period was 88.0%.
BNL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Broadstone Net Lease, Inc. reported an operating income of 99.02M and revenue of 108.69M, resulting in an operating margin of 91.1%.
ADC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Agree Realty Corporation reported an operating income of 78.70M and revenue of 169.16M, resulting in an operating margin of 46.5%.
BNL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Broadstone Net Lease, Inc. reported a net income of -750.00K and revenue of 108.69M, resulting in a net margin of -0.7%.
ADC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Agree Realty Corporation reported a net income of 45.14M and revenue of 169.16M, resulting in a net margin of 26.7%.