NNN REIT, Inc. (NNN)
NYSE: NNN · Real-Time Price · USD
45.83
-0.33 (-0.71%)
At close: Aug 18, 2026, 4:00 PM EDT
45.83
0.00 (0.00%)
Pre-market: Aug 19, 2026, 7:36 AM EDT

NNN REIT Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
953.25926.21869.27828.11773.05726.41
Revenue Growth
6.54%6.55%4.97%7.12%6.42%9.95%
Net Income
383.94389.05396.15391.73334.11263.53
Earnings Per Share
2.032.072.152.161.891.51
EPS Growth
-3.35%-3.72%-0.46%14.29%25.30%23.64%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Rental Income From Operating Leases
927.41902.37846.65805.14751.68703.87
Earned Income From Direct Financing Leases
0.360.420.470.560.60.62
Percentage Rent
1.21.551.541.631.540.71
Real Estate Expense Reimbursement From Tenants
21.0320.0418.8118.7617.818.67
Interest And Other Income From Real Estate Transactions
3.241.831.82.021.442.55
Revenue (Total)
953.25926.21869.27828.11773.05726.41

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
4.225.058.731.192.51171.32
Total Debt
5,0014,8204,3744,3613,9163,746
Net Cash (Debt)
-4,997-4,815-4,365-4,359-3,914-3,575
Net Cash Growth
------
Net Cash Per Share
-26.40-25.62-23.72-23.99-22.10-20.45

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
673.01667.13635.5612.41578.36568.43
Free Cash Flow
673.01667.13635.5612.41578.36568.43
Free Cash Flow Growth
4.02%4.98%3.77%5.89%1.75%26.26%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
61.60%61.86%62.45%62.44%62.21%61.67%
Pretax Margin
40.35%42.08%45.65%47.38%43.29%39.94%
Profit Margin
40.28%42.00%45.57%47.30%43.22%36.28%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
2.4802.3602.2902.2302.1602.100
Dividend Per Share Growth
3.42%3.06%2.69%3.24%2.86%1.45%
Dividend Yield
5.41%6.21%6.19%6.02%5.80%5.64%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
22.5819.3519.3420.0724.4832.03
PS Ratio
9.238.138.819.4910.5811.62