Published on 19 Feb 2024 on Simply Wall St. via Yahoo Finance
It is hard to get excited after looking at Broadstone Net Lease's (NYSE:BNL) recent performance, when its stock has declined 6.1% over the past month. However, stock prices are usually driven by a company’s financials over the long term, which in this case look pretty respectable. In this article, we decided to focus on Broadstone Net Lease's ROE.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. Simply put, it is used to assess the profitability of a company in relation to its equity capital.
View our latest analysis for Broadstone Net Lease