On this page of Benford's Law Stocks.com we present our study of Broadstone Net Lease, Inc. — ticker symbol BNL. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 8/4/2020 to 5/1/2025 for Broadstone Net Lease, Inc. under CIK number 0001424182. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for BNL, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Broadstone Net Lease, Inc. based on the past BNL filings our system processed in the past.
Benford Chart for BNL 10Q Filed 5/1/2025
28.8
21.4
12.9
11.2
7.5
4.2
5.7
4.7
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL? ✓  [ original filing, BNL stockholder letter ]
Total numbers found: 944
Recent share count: 189,051,114 (1's column)

■ = Typical range across full coverage universe
# of Numbers Found in Filing
Benford's Law Stocks Indicator
944
High count compared to other filers, with BNL falling in the highest quartile of filers. At this number count, it would take about 9 numbers to move any given column by a full percentage point.
Benford's Law Stocks Score for BNL = 97
97

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 2's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 4's percentage was above the company's typical historical range.
 • We deducted point upon observing the 6's percentage was below the typical coverage universe range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
BNL's Score Vs. Typical Stock
Benford's Law Stocks Indicator
BNL
High score compared to other filers, with BNL falling in the highest 10% of filers.
Other Stocks Ranking Near BNL
AXS
BHLB
CFG
CPRI
 BFS
BLCO
BOH
CNX
Check our work! We provide our Broadstone Net Lease, Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the BNL filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 272 numbers that start with the digit 1. Here they are:
189,080,202
16,070
15,843
18,784
14,845
166,436
162,717
174,122
189,073
188,626
131,080
137,679
108,690
105,366
16,128
18,578
1,696
17,493
16,743
187,865
187,290
196,898
196,417
17,493
19,892
11,804
159
103
137,679
16,743
17,493
104
104
136
136
1,446
1,446
19,039
19,892
14
131,080
145,100
116
116
1,475
1,475
1,040
1,040
1,536
1,536
11,274
11,804
152
159
144,082
17,493
16,128
1,237
1,475
1,508
1,241
16,687
14,348
1,300
1,050
146
145,300
12,275
15,993
11,033
14,845
19,494
1,148
1,138
15,993
1,428
1,038
11,033
189,073
197,475
188,626
197,272
100.0
100.0
1,131
1,150
18,725
18,784
16,387
10,383
12
16,128
16.1
12.5
15.2
11.2
1,428
1,148
18,566
16,616
1,919,927
1,911,861
1,794,821
10,077
10,239
10,038
10,186
1
1
1
1.7
1,569
145
1
189,373
18
14,547
14,547
19,618
14,859
14
14
1,196
108,690
105,366
19,183
18,599
163,902
159,695
14,915
15,286
1,065
1,021
19,940
120,891
174,122
1.00
1.25
150,000
150,000
100,000
100,000
1,913,879
1,836,279
104.3
100.0
1.0
100.0
1.600
1.5
12.3
1,237
18,166
18,283
15,675
15,792
117.1
19,601
16,843
1.91
137
130
1.99
151
1.92
1.93
15,000
15,000
1.32
1,129
1,454
10,000
10,000
1.99
1,030
13,964
13,903
166
1,230
1,227
1,563
1,538
1,999
1,620
1,622
100,000
100,000
1,835
15,000
15,000
100,000
100,000
1.35
13,964
105
13,903
13,964
102
13,903
1,044,821
1,069,514
15,000
101
15,000
159
15,000
101
15,000
159
1,374,821
1,399,514
19,892
11,804
18,578
13.1
1,536
10
11,542
18.29
150.0
16.85
14.74
1,342
1,043
14.3
15.51
18.63
16.85
14.74
172
16.72
19.26
16.13
19.02
1,080
15.64
1,036
15.57
100
15.84
19
16,743
16,433
16,433
17,183
188,882
187,953
1,017
187,865
187,290
196,898
196,417
1,068,754
1,035,194
15,557
15,002
1,536
198.8
12
152
152
163
1,306
1,251
1,134
1,174
15,834
18,306
19,361
11,636
16,672
10,038
We found 202 numbers that start with the digit 2. Here they are:
25,999
26,154
2,581
29,681
264,076
267,638
2,156,372
2,074,993
20,000
29,720
2,949,734
26,400
233
20,074
2,405
2,302
292
2,147
2,147
244
244
29
2,600
29,720
25
285
2,740
26,400
2,147
2,424
2,841
247,064
204,285
231
2,671
2,767
202,146
20,632
222,778
20,632
221,740
222,778
2,697
2,578
2,826
26,400
26.4
29,681
29,681
2,000,439
2,255
2,689
2.0
2,262
2,681
251,752
29,994
2,930,500
20,277
25,999
26,154
2,470
2,228
2,556
20,546
21,187
243,530
246,451
264,076
267,638
21,755
21,781
2
25,718
23,915
21,645
20,045
232,154
200,000
200,000
2,799
225,000
225,000
2.60
23.5
2.77
2.5
2,000,439
25,000
2
2.20
25,000
25,000
2.32
25,000
25,000
250
25,000
25,000
290
2.30
25,000
25,000
25,000
25,000
2.05
2.08
25,000
25,000
2.68
203
280
2.33
254
25,000
25,000
2.46
2.72
25,000
25,000
2.37
25,000
25,000
2.37
25,000
25,000
2.37
2,674
2.09
25,000
25,000
2,024
2.11
25,000
25,000
2.03
25,000
25,000
2,085
2.03
25,000
25,000
2,087
2.58
2.58
2,642
2.65
2.58
25,000
2,387
25,000
2,894
2.69
2.70
2.81
27,929
289
27,805
28,490
2,162
26,328
20.0
2.48
20,074
244
254,620
2,188
2,187,700
265,872
295
2,887
266
209
25
246,967
202,308
200
25
20.90
24.90
247
21.12
202
27.93
24.40
25.09
20.13
20.89
285
23
20.4
252
254
20
218
218
218
238
21,674
2,689
29
25.5
We found 122 numbers that start with the digit 3. Here they are:
360,197
357,142
3,848,623
3,815,521
35,492
3,281
339,769
339,769
3,353
3,456,041
3,450,584
3,003,745
3,080,814
3,141,424
39,497
37,772
355
3,063
35
3,600
3,450,584
3,141,424
3,882
3,882
3,456,041
3,080,814
3,440,639
3,194,341
3,063
36
36
3,878
342
3,446,910
3,217,704
38,433
36,754
3,679
36
3,562
3,675
322
38,100
3,132
39,899
3,243
3,248
35,112
380
35,492
36,859
3,353
3,353
3,720
3
37
3,247
31,459
301,712
390,436
379,398
31,169
31,983
3,357
3,426
3,496
3,561
31,169
39,729
39,786
300,000
300,000
375,000
375,000
3,748
3,936
3.32
3.81
3.62
351,596
342
35,000
35,000
35,000
35,000
346
3,693
3.80
3.79
371
358
354
3.73
3.73
3.71
355
3.69
3.70
3.66
382
3.66
318
330,000
330,000
3,493
3.81
3,882
38.1
360.0
313
3,207
3
351
310
358
3,063
35
3,882
33
309
392
36
4's 5's 6's
We found 106 numbers that start with the digit 4. Here they are:
4,967,332
4,310,717
4,294,854
4,372,778
4,340,363
41,584
46,220
48,424
48,983
46,837
48,731
47
47
496,543
49,657
405
408
487
47
496,543
49,657
47
47
440,731
49,286
4,220
47
430,169
405
470
4,591
497
400,000
400,596
4,960
44
4.3
4.4
40,121
49,331
49,300
4,124
490
467
46,220
46,220
495
41,088
4
49,858
405
413,173
406,300
4,821,519
4,944
407,432
406,146
46,517
45,782
46,837
48,731
400,000
400,000
4.84
4.32
4.33
4.41
4.49
4.76
400.0
400.0
4.92
42,476
42,838
4.36
474,122
475,000
471
416
40,000
40,000
415
44
4,015
45,000
45,000
4,033
437
42,727
405
46,220
40.0
4,733
400.0
400.0
400,000
400,000
40,003
492
432
433
446
43
45
414
428
We found 71 numbers that start with the digit 5. Here they are:
5,005,707
570
571
52,260
5,237,186
5,216,417
58,220
58,317
5,837
500,000
536,074
5,237,186
5,216,417
5,488
5,660
59,132
56,274
58,874
536,074
54,552
57,292
530
56,834
59,132
560
56,196
54,448
50,462
50,121
56,281
55,791
512
59
59.1
59,499
59,132
5,104
598
5,105
5.09
5.19
500.0
57
569
542
567
517
5,799
568
5,820
541
50,000
50,000
500
55,000
55,000
508
50,000
50,000
512
55,000
55,000
50
50
55
55
573
58,220
56,871
55
57.3
We found 40 numbers that start with the digit 6. Here they are:
694,990
672,478
68,177
65,114
68,177
6
6
6
65,114
68,177
68,177
60,522
65,500
64,500
660
6,053
61,460
6,064
680
682
682
66
6,840
6,495
6,495
69.8
69.5
67
663,277
627
666
643
606
65,114
64,756
64,756
63
60
67,822
663
7's 8's 9's
We found 54 numbers that start with the digit 7. Here they are:
780,817
778,826
76,260
76,846
70,785
79,264
750
76,540
750
71
7
700
704
7,078
71,459
70,867
7,522
73,006
769
762
7,644
7,644
7
7
78.2
7,808
7,385
769
757
77
7,944
7,696
76,317
76,913
76,260
76,846
743
780
757
75,000
75,000
754
70,000
70,000
70,000
70,000
7,548
777,943
778
74
750
722
78.5
78.2
We found 44 numbers that start with the digit 8. Here they are:
893,505
897,201
846,252
846,064
80,140
86
853
892
822
85,335
80,500
8,916
8,402
8,646
821
8,045
824
8,500
857
85
893,505
897,201
850,000
850,000
846,252
846,064
800
860
892
888
835
80,000
80,000
846
846
805
8.2
88
8,460
8,842
8,401,937
8,833,236
8.3
8.5
We found 33 numbers that start with the digit 9. Here they are:
9,605
93,014
9,399
9,672
9,432
99
906
95
95
983
9,605
95.7
95.6
98.1
979
9,871
99
99
99,314
97,549
93,354
94,513
93,014
95
95
900,000
900,000
950
983
95
989
9
975
While the above BNL 10Q Filed 5/1/2025 is interesting in isolation, we have found that it is also useful to take a look at older Broadstone Net Lease, Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 5/1/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical BNL 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

10Q Filed 5/1/2025
28.8
21.4
12.9
11.2
7.5
4.2
5.7
4.7
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL? ✓  [ original filing ]
Total numbers found: 944

■ = Typical BNL range from 8/4/2020 to 5/1/2025
10Q Filed 7/31/2024
30.2
19.3
13.6
9.3
10.1
4.5
4.5
3.8
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL? ✓  [ original filing ]
Total numbers found: 1,121

■ = Typical BNL range from 8/4/2020 to 5/1/2025
10Q Filed 11/2/2023
31.3
22.1
10.9
9.6
8.8
5.0
3.7
4.1
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL? ✓  [ original filing ]
Total numbers found: 1,163

■ = Typical BNL range from 8/4/2020 to 5/1/2025
10K Filed 2/23/2023
32.7
18.4
13.1
8.7
7.7
6.7
5.3
4.0
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL? ✓  [ original filing ]
Total numbers found: 1,589

■ = Typical BNL range from 8/4/2020 to 5/1/2025
10Q Filed 5/4/2022
31.5
24.8
11.0
9.0
5.9
5.1
4.0
3.7
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL? ✓  [ original filing ]
Total numbers found: 807

■ = Typical BNL range from 8/4/2020 to 5/1/2025
10Q Filed 8/4/2021
34.7
24.7
11.1
9.1
4.5
4.3
5.0
3.1
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL? ✓  [ original filing ]
Total numbers found: 1,131

■ = Typical BNL range from 8/4/2020 to 5/1/2025
10Q Filed 11/5/2020
31.6
20.3
14.4
7.4
7.0
5.4
5.9
3.6
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL? ✓  [ original filing ]
Total numbers found: 1,264

■ = Typical BNL range from 8/4/2020 to 5/1/2025
10K Filed 2/20/2025
30.8
20.8
11.1
10.9
8.1
3.8
5.8
4.3
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL? ✓  [ original filing ]
Total numbers found: 1,320

■ = Typical BNL range from 8/4/2020 to 5/1/2025
10Q Filed 5/2/2024
28.9
22.3
12.1
10.3
8.4
4.3
5.6
4.3
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL? ✓  [ original filing ]
Total numbers found: 799

■ = Typical BNL range from 8/4/2020 to 5/1/2025
10Q Filed 8/3/2023
31.3
21.2
13.5
8.1
8.3
6.4
3.0
3.9
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL? ✓  [ original filing ]
Total numbers found: 1,080

■ = Typical BNL range from 8/4/2020 to 5/1/2025
10Q Filed 11/3/2022
29.8
25.4
11.8
9.3
6.2
5.0
4.6
2.9
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL? ✓  [ original filing ]
Total numbers found: 1,298

■ = Typical BNL range from 8/4/2020 to 5/1/2025
10K Filed 2/23/2022
32.3
19.5
13.3
8.8
5.9
6.8
5.3
3.7
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL? ✓  [ original filing ]
Total numbers found: 1,665

■ = Typical BNL range from 8/4/2020 to 5/1/2025
10Q Filed 5/5/2021
34.8
25.1
10.6
8.8
5.4
4.6
5.1
2.3
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL? ✓  [ original filing ]
Total numbers found: 810

■ = Typical BNL range from 8/4/2020 to 5/1/2025
10Q Filed 8/4/2020
30.9
20.1
12.6
8.6
6.4
5.8
6.1
5.0
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL? ❌  [ original filing ]
Total numbers found: 2,156

■ = Typical BNL range from 8/4/2020 to 5/1/2025
10Q Filed 10/31/2024
30.7
19.5
12.5
10.9
9.1
3.9
4.5
4.7
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL? ✓  [ original filing ]
Total numbers found: 1,201

■ = Typical BNL range from 8/4/2020 to 5/1/2025
10K Filed 2/22/2024
32.7
19.7
11.8
9.1
7.9
4.9
5.9
4.6
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL? ✓  [ original filing ]
Total numbers found: 1,424

■ = Typical BNL range from 8/4/2020 to 5/1/2025
10Q Filed 5/4/2023
29.7
23.2
13.1
10.5
8.1
4.3
2.9
4.8
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL? ✓  [ original filing ]
Total numbers found: 807

■ = Typical BNL range from 8/4/2020 to 5/1/2025
10Q Filed 8/4/2022
32.4
24.3
12.2
8.8
4.3
5.8
3.9
3.4
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL? ✓  [ original filing ]
Total numbers found: 1,131

■ = Typical BNL range from 8/4/2020 to 5/1/2025
10Q Filed 11/2/2021
30.7
23.6
14.1
8.9
5.8
4.7
5.3
2.9
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL? ✓  [ original filing ]
Total numbers found: 1,330

■ = Typical BNL range from 8/4/2020 to 5/1/2025
10K Filed 2/25/2021
32.9
19.9
14.7
7.7
6.1
5.3
5.0
4.5
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL? ✓  [ original filing ]
Total numbers found: 5,386

■ = Typical BNL range from 8/4/2020 to 5/1/2025
BKE 10Q Filed 6/12/2025:
40
GCO 10Q Filed 6/12/2025:
89
BBW 10Q Filed 6/12/2025:
96
OXM 10Q Filed 6/12/2025:
94
MAYS 10Q Filed 6/12/2025:
95
ENGN 10Q Filed 6/12/2025:
77
LOVE 10Q Filed 6/12/2025:
58
GES 10Q Filed 6/11/2025:
94
FL 10Q Filed 6/11/2025:
61
PLAB 10Q Filed 6/11/2025:
55
MIND 10Q Filed 6/11/2025:
57
CTRN 10Q Filed 6/11/2025:
59
SFIX 10Q Filed 6/11/2025:
70
AVGO 10Q Filed 6/11/2025:
88
JILL 10Q Filed 6/11/2025:
94
PLCE 10Q Filed 6/11/2025:
73
SMFL 10Q Filed 6/11/2025:
99
ME 10K Filed 6/11/2025:
86
VRA 10Q Filed 6/11/2025:
90
RFL 10Q Filed 6/11/2025:
97
CHWY 10Q Filed 6/11/2025:
50
PSTG 10Q Filed 6/10/2025:
84
SUAC.U 10Q Filed 6/10/2025:
65
APXIU 10Q Filed 6/10/2025:
69
GTLB 10Q Filed 6/10/2025:
85
ROST 10Q Filed 6/10/2025:
15
WEL.U 10Q Filed 6/10/2025:
74
CAL 10Q Filed 6/10/2025:
98
UNFI 10Q Filed 6/10/2025:
88
DELL 10Q Filed 6/10/2025:
51
IOT 10Q Filed 6/10/2025:
77
PLAY 10Q Filed 6/10/2025:
63
KAVL 10Q Filed 6/10/2025:
46
DBI 10Q Filed 6/10/2025:
70
GME 10Q Filed 6/10/2025:
95
ASO 10Q Filed 6/10/2025:
94
FREVS 10Q Filed 6/10/2025:
54
CNM 10Q Filed 6/10/2025:
83
NATH 10K Filed 6/10/2025:
86
ESTC 10K Filed 6/9/2025:
82
 

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