NNN REIT, Inc. (NNN)
NYSE: NNN · Real-Time Price · USD
44.51
-0.20 (-0.45%)
May 7, 2026, 4:00 PM EDT - Market closed
NNN REIT Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Property Revenue | 933.82 | 924.38 | 867.47 | 826.09 | 771.62 | 723.86 |
Service and Other Revenue | 1.96 | 1.83 | 1.8 | 2.02 | 1.44 | 2.55 |
| 935.78 | 926.21 | 869.27 | 828.11 | 773.05 | 726.41 | |
Revenue Growth (YoY) | 5.77% | 6.55% | 4.97% | 7.12% | 6.42% | 9.95% |
Property Expenses | 37.81 | 37.38 | 32.32 | 28.38 | 26.28 | 28.39 |
Total Property Expenses | 37.81 | 37.38 | 32.32 | 28.38 | 26.28 | 28.39 |
Gross Profit | 897.98 | 888.83 | 836.95 | 799.73 | 746.77 | 698.02 |
Selling, General & Admin | 49.4 | 50.04 | 44.96 | 47.2 | 49.22 | 44.64 |
Depreciation & Amortization Expenses | 274.62 | 268.44 | 249.68 | 238.63 | 223.83 | 205.22 |
Other Operating Expenses | 38.27 | 29.09 | 6.73 | 6.29 | 8.63 | 22.16 |
Operating Income | 592.28 | 589.49 | 577.87 | 555.1 | 482.54 | 449.1 |
Net Gains on Disposal of Properties | 56.59 | 48.22 | 42.29 | 47.49 | 17.44 | 23.09 |
Interest Income | 3.95 | 4.25 | 2.98 | 1.13 | 0.15 | 0.22 |
Interest Expense | -208.96 | -203.96 | -184.02 | -163.9 | -148.07 | -137.87 |
Other Non-Operating Income (Expense) | - | - | - | - | - | -21.33 |
Total Non-Operating Income (Expense) | -148.42 | -151.49 | -138.75 | -115.28 | -130.47 | -135.89 |
Pretax Income | 443.86 | 438 | 439.13 | 439.83 | 352.06 | 313.2 |
Net Income | 387.27 | 389.78 | 396.84 | 392.34 | 334.63 | 264.22 |
Minority Interest in Earnings | - | - | - | - | -0.01 | -0 |
Net Income Attributable to Preferred Dividends | - | - | - | - | - | 25.9 |
Net Income to Common | 387.27 | 389.78 | 396.84 | 392.34 | 334.63 | 264.22 |
Net Income Growth | -2.92% | -1.78% | 1.15% | 17.25% | 26.65% | 25.30% |
Shares Outstanding (Basic) | 188 | 188 | 184 | 181 | 176 | 175 |
Shares Outstanding (Diluted) | 189 | 188 | 184 | 182 | 177 | 175 |
Shares Change (YoY) | 1.73% | 2.14% | 1.30% | 2.61% | 1.29% | 1.51% |
EPS (Basic) | 2.06 | 2.07 | 2.16 | 2.16 | 1.89 | 1.51 |
EPS (Diluted) | 2.06 | 2.07 | 2.15 | 2.16 | 1.89 | 1.51 |
EPS Growth | -3.74% | -3.72% | -0.46% | 14.29% | 25.17% | 23.77% |
Shares Outstanding | 190.25 | 189.94 | 187.54 | 182.48 | 181.43 | 175.64 |
Free Cash Flow | -196.96 | -269.95 | 62.63 | -183.38 | -264.52 | 15.1 |
Free Cash Flow Growth | - | - | - | - | - | -94.06% |
Free Cash Flow Per Share | -1.04 | -1.44 | 0.34 | -1.01 | -1.49 | 0.09 |
Dividends Per Share | 2.380 | 2.360 | 2.290 | 2.230 | 2.160 | 2.100 |
Dividend Growth | 0.85% | 3.06% | 2.69% | 3.24% | 2.86% | 1.45% |
Gross Margin | 95.96% | 95.96% | 96.28% | 96.57% | 96.60% | 96.09% |
Operating Margin | 63.29% | 63.64% | 66.48% | 67.03% | 62.42% | 61.82% |
Profit Margin | 41.38% | 42.08% | 45.65% | 47.38% | 43.29% | 39.94% |
FCF Margin | -21.05% | -29.15% | 7.20% | -22.14% | -34.22% | 2.08% |
EBITDA | 866.9 | 857.93 | 827.55 | 793.73 | 706.37 | 654.32 |
EBITDA Margin | 92.64% | 92.63% | 95.20% | 95.85% | 91.37% | 90.08% |
EBIT | 592.28 | 589.49 | 577.87 | 555.1 | 482.54 | 449.1 |
EBIT Margin | 63.29% | 63.64% | 66.48% | 67.03% | 62.42% | 61.82% |
Updated Apr 30, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.