NNN REIT Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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, Plant & Equipment	9,217	8,743	8,528	8,017	7,441
Cash & Equivalents	5.05	8.73	1.19	2.51	171.32
Accounts Receivable	39.57	39.5	41.29	34.76	38.75
Other Intangible Assets	37.31	33.4	40.69	48.4	53.24
Restricted Cash	0.78	0.33	3.97	4.27	-
Other Current Assets	21.2	0.28	4.57	0.79	-
Deferred Long-Term Charges	8.65	8.96	3.24	5.35	7.44
Other Long-Term Assets	49.65	37.7	37.77	31.76	37.64
Total Assets	9,379	8,873	8,662	8,146	7,751
Current Portion of Long-Term Debt	534.73	-	-	9.96	-
Long-Term Debt	4,286	4,374	4,361	3,906	3,746
Accrued Expenses	40.56	29.7	34.37	23.83	23.92
Other Long-Term Liabilities	110.07	106.95	109.59	82.66	79
Total Liabilities	4,971	4,510	4,505	4,023	3,849
Common Stock	1.9	1.88	1.83	1.82	1.76
Additional Paid-In Capital	5,295	5,198	4,972	4,928	4,663
Retained Earnings	-882.71	-829.29	-805.88	-793.77	-747.85
Comprehensive Income & Other	-6.32	-7.96	-10.11	-12.58	-14.96
Total Common Equity	4,408	4,362	4,157	4,124	3,902
Minority Interest	-	-	-	-	0
Shareholders' Equity	4,408	4,362	4,157	4,124	3,902
Total Liabilities & Equity	9,379	8,873	8,662	8,146	7,751
Total Debt	4,820	4,374	4,361	3,916	3,746
Net Cash (Debt)	-4,815	-4,365	-4,359	-3,914	-3,575
Net Cash Per Share	-25.62	-23.72	-23.99	-22.10	-20.45
Filing Date Shares Outstanding	189.94	187.55	182.47	181.46	175.64
Total Common Shares Outstanding	189.94	187.54	182.47	181.42	175.64
Book Value Per Share	23.21	23.26	22.78	22.73	22.21
Tangible Book Value	4,371	4,329	4,117	4,075	3,848
Tangible Book Value Per Share	23.01	23.08	22.56	22.46	21.91
Construction In Progress	66.54	116.77	240.53	44.09	7.28

Updated Feb 11, 2026. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q