BNL vs. EPRT

Last updated Apr 1, 2026

Compare and contrast key facts about Broadstone Net Lease, Inc. (BNL) and Essential Properties Realty Trust, Inc. (EPRT).

Performance

BNL vs. EPRT - Performance Comparison

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

BNL vs. EPRT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BNL Broadstone Net Lease, Inc.	6.86%	17.27%	-1.08%	14.00%	-30.75%	42.88%
EPRT Essential Properties Realty Trust, Inc.	3.40%	-1.40%	27.32%	14.20%	-14.60%	31.57%

Fundamentals

Market Cap BNL : $3.62B EPRT : $6.12B
EPS BNL : $0.49 EPRT : $1.26
PE Ratio BNL : 37.40 EPRT : 24.04
PS Ratio BNL : 7.95 EPRT : 10.84
PB Ratio BNL : 1.25 EPRT : 1.46
Total Revenue (TTM) BNL : $454.14M EPRT : $561.22M
Gross Profit (TTM) BNL : $103.00M EPRT : $405.75M
EBITDA (TTM) BNL : $313.35M EPRT : $453.96M

Returns By Period

In the year-to-date period, BNL achieves a 6.86% return, which is significantly higher than EPRT's 3.40% return.

BNL

• 1D: -0.10%
• 1M: -4.27%
• YTD: 6.86%
• 6M: 5.62%
• 1Y: 14.65%
• 3Y*: 9.83%
• 5Y*: 6.39%
• 10Y*: —

EPRT

• 1D: -0.33%
• 1M: -9.64%
• YTD: 3.40%
• 6M: 4.13%
• 1Y: -3.18%
• 3Y*: 11.45%
• 5Y*: 9.72%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BNL vs. EPRT — Risk / Return Rank

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

BNL

BNL Risk / Return Rank: 64
BNL Sharpe Ratio Rank: 67
BNL Sortino Ratio Rank: 58
BNL Omega Ratio Rank: 58
BNL Calmar Ratio Rank: 67
BNL Martin Ratio Rank: 71

EPRT

EPRT Risk / Return Rank: 33
EPRT Sharpe Ratio Rank: 35
EPRT Sortino Ratio Rank: 28
EPRT Omega Ratio Rank: 28
EPRT Calmar Ratio Rank: 37
EPRT Martin Ratio Rank: 36

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BNL vs. EPRT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Broadstone Net Lease, Inc. (BNL) and Essential Properties Realty Trust, Inc. (EPRT). 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.

	BNL	EPRT	Difference
Sharpe ratio Return per unit of total volatility	0.71	-0.16	+0.87
Sortino ratio Return per unit of downside risk	1.07	-0.09	+1.15
Omega ratio Gain probability vs. loss probability	1.14	0.99	+0.15
Calmar ratio Return relative to maximum drawdown	1.22	-0.17	+1.39
Martin ratio Return relative to average drawdown	3.53	-0.38	+3.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BNL vs. EPRT - Sharpe Ratio Comparison

The current BNL Sharpe Ratio is 0.71, which is higher than the EPRT Sharpe Ratio of -0.16. The chart below compares the historical Sharpe Ratios of BNL and EPRT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BNL	EPRT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.71	-0.16	+0.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	0.43	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.41	-0.11

Correlation

The correlation between BNL and EPRT is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BNL vs. EPRT - Dividend Comparison

BNL's dividend yield for the trailing twelve months is around 6.36%, more than EPRT's 4.02% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BNL Broadstone Net Lease, Inc.	6.36%	6.68%	7.28%	6.50%	6.66%	4.13%	0.00%	0.00%	0.00%
EPRT Essential Properties Realty Trust, Inc.	4.02%	4.06%	3.71%	4.38%	4.58%	3.47%	4.39%	3.55%	1.62%

Drawdowns

BNL vs. EPRT - Drawdown Comparison

The maximum BNL drawdown since its inception was -43.56%, smaller than the maximum EPRT drawdown of -73.67%. Use the drawdown chart below to compare losses from any high point for BNL and EPRT.

Drawdown Indicators

	BNL	EPRT	Difference
Max Drawdown Largest peak-to-trough decline	-43.56%	-73.67%	+30.11%
Max Drawdown (1Y) Largest decline over 1 year	-14.07%	-12.73%	-1.34%
Max Drawdown (5Y) Largest decline over 5 years	-43.56%	-38.42%	-5.14%
Current Drawdown Current decline from peak	-11.12%	-11.34%	+0.22%
Average Drawdown Average peak-to-trough decline	-23.41%	-14.07%	-9.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.85%	5.73%	-0.88%

Volatility

BNL vs. EPRT - Volatility Comparison

Broadstone Net Lease, Inc. (BNL) has a higher volatility of 5.70% compared to Essential Properties Realty Trust, Inc. (EPRT) at 4.12%. This indicates that BNL's price experiences larger fluctuations and is considered to be riskier than EPRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BNL	EPRT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.70%	4.12%	+1.58%
Volatility (6M) Calculated over the trailing 6-month period	13.63%	12.53%	+1.10%
Volatility (1Y) Calculated over the trailing 1-year period	20.82%	20.20%	+0.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.24%	22.87%	+0.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.23%	38.90%	-15.67%

Financials