COMP <GO>
BNL vs HIW // GROSS PROFIT MARGIN
Broadstone Net Lease Inc. (NYSE) VS. Highwoods Properties Inc. (NYSE) • 15-METRIC TALLY: BNL 3
— HIW 6
■ METRIC PARITY
LAST: $17.40 (+3.20%) • MKT CAP: $3.34B
gross-margins
—
LAST: $30.50 (+4.42%) • MKT CAP: $3.36B
gross-margins
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BNL VS. HIW)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BNL | HIW | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin ACTIVE | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 2.30% | 18.30% | -16.00 | HIW | /roic <GO> |
| EV/EBITDA & P/E Valuation | 31.0x | 6.1x | +24.90 | HIW | /valuation <GO> |
| Free Cash Flow Yield | 8.08% | 10.68% | -2.60 | HIW | /fcf-yield <GO> |
| Operating Margin | 25.90% | 67.60% | -41.70 | HIW | /operating-margins <GO> |
| Net Profit Margin | 21.20% | — | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | 5.20% | -2.40% | +7.60 | BNL | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 6.55% | 6.44% | +0.11 | BNL | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 3/9 | +5.00 | BNL | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 40.0 | 58.4 | -18.42 | HIW | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.06 | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 32.2x | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $3.34B | $3.36B | -$24.1M | HIW | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BNL REV | HIW REV | BNL GROSS % | HIW GROSS % | BNL FCF | HIW FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $454.1M | $806.1M | — | — | $269.8M | $359.2M |
| FY 2024 | $431.8M | $825.9M | — | — | $259.5M | $403.6M |
| FY 2023 | $442.9M | $834.0M | — | — | $251.1M | $387.0M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BNL // BETA 1.06
HIW // BETA —