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NNN REIT, Inc. (NNN)
NYSE: NNN · Real-Time Price · USD
41.55
-0.11 (-0.26%)
At close: Sep 18, 2026, 4:00 PM EDT
42.00
+0.45 (1.08%)
Pre-market: Sep 21, 2026, 7:00 AM EDT

NNN REIT Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
953.25935.78926.21906.3894.7884.71869.27867.02853.58839.41828.11810.4798.74786.88773.05761.79748.68736.91726.41702.43
Revenue Growth
6.54%5.77%6.55%4.53%4.82%5.40%4.97%6.99%6.87%6.68%7.12%6.38%6.69%6.78%6.42%8.45%9.99%10.75%9.95%4.72%
Net Income
383.94386.55389.05391.01392.08398.22396.15394.95403.86395.91391.73385.83367.46342.93334.11308.44298.44292.79263.53255.2
Earnings Per Share
2.032.052.072.082.102.142.152.162.222.182.162.142.041.931.891.751.711.671.511.46
EPS Growth
-3.35%-3.98%-3.72%-3.69%-5.38%-1.85%-0.46%1.10%8.87%13.10%14.29%22.06%19.46%15.42%25.30%19.54%30.27%43.32%23.64%18.84%

Revenue by Segment
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Rental Income From Operating Leases
927.41911.88902.37883.39871.78861.63846.65843.13829.97816.04805.14788.84777.39765.55751.68740.02727.01714.59703.87680.19
Earned Income From Direct Financing Leases
0.360.390.420.450.460.460.470.490.510.540.560.570.580.590.60.60.610.620.620.63
Percentage Rent
1.20.981.551.571.561.531.541.591.721.761.631.71.61.61.541.411.371.30.710.64
Real Estate Expense Reimbursement From Tenants
21.0320.5720.0419.7819.7819.618.8119.118.818.9618.7618.0217.8117.7417.81817.9717.9118.6718.66
Interest And Other Income From Real Estate Transactions
3.241.961.831.11.131.51.82.722.582.132.021.271.361.41.441.761.722.482.552.3
Revenue (Total)
953.25935.78926.21906.3894.7884.71869.27867.02853.58839.41828.11810.4798.74786.88773.05761.79748.68736.91726.41702.43

Cash & Debt
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash & Investments
4.224.575.05157.925.975.18.73173.532.131.131.1977.142.283.242.513.283.2953.74171.32543.53
Total Debt
5,0014,8544,8204,8704,6454,4924,3744,3724,3834,3464,3614,2274,0753,9603,9163,7963,7883,7473,7463,756
Net Cash (Debt)
-4,997-4,850-4,815-4,713-4,639-4,487-4,365-4,199-4,381-4,345-4,359-4,150-4,072-3,956-3,914-3,793-3,785-3,694-3,575-3,212
Net Cash Growth
--------------------
Net Cash Per Share
-26.40-25.72-25.62-25.16-24.90-24.22-23.72-22.94-24.05-23.89-23.99-22.91-22.58-22.14-22.10-21.58-21.63-21.12-20.45-18.42

Cash Flow & CapEx
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Cash Flow
673.01650.88667.13658.64647.01648.07635.5639.42624.31622.3612.41603.9602.34594.84578.36580.55562.98571.59568.43554.52
Free Cash Flow
673.01650.88667.13658.64647.01648.07635.5639.42624.31622.3612.41603.9602.34594.84578.36580.55562.98571.59568.43554.52
Free Cash Flow Growth
4.02%0.43%4.98%3.01%3.64%4.14%3.77%5.88%3.65%4.62%5.89%4.02%6.99%4.07%1.75%4.69%3.64%18.27%26.26%22.81%

Margins
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Margin
61.60%61.43%61.86%61.80%61.94%62.35%62.45%62.83%62.90%62.70%62.44%62.08%62.00%61.95%62.21%62.22%62.07%62.01%61.67%61.00%
Pretax Margin
40.35%41.38%42.08%43.22%43.90%45.09%45.65%45.63%47.39%47.24%47.38%47.67%46.07%43.64%43.29%42.21%42.21%42.73%39.94%38.98%
Profit Margin
40.28%41.31%42.00%43.14%43.82%45.01%45.57%45.55%47.31%47.17%47.30%47.61%46.01%43.58%43.22%40.49%39.86%39.73%36.28%36.33%

Dividends
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Dividend Per Share
2.4002.3802.3602.3402.3202.3052.2902.2752.2602.2452.2302.2152.2002.1802.1602.1402.1202.1102.1002.090
Dividend Per Share Growth
3.45%3.25%3.06%2.86%2.66%2.67%2.69%2.71%2.73%2.98%3.24%3.50%3.77%3.32%2.86%2.39%1.92%1.69%1.45%1.21%
Dividend Yield
5.22%5.82%6.21%5.81%5.76%5.88%6.19%5.25%6.01%6.03%6.02%7.42%6.17%6.00%5.80%6.69%6.21%5.99%5.64%6.32%

Valuation
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
PE Ratio
23.0620.6919.3520.5520.7020.1419.3422.5519.3419.7420.0716.7121.2023.4424.4822.8925.3526.9932.0329.72
PS Ratio
9.298.558.138.879.079.078.8110.279.159.319.497.969.7610.2210.589.2710.1010.7211.6210.80