NNN REIT, Inc. (NNN)
NYSE: NNN · Real-Time Price · USD
45.78
-0.31 (-0.67%)
Aug 21, 2026, 2:26 PM EDT - Market open
NNN REIT Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Net Income | 384.67 | 389.78 | 396.84 | 392.34 | 334.63 | 290.11 |
Depreciation & Amortization | -1,621 | -1,630 | -245.32 | -191.38 | 223.32 | 204.51 |
Other Amortization | 10.67 | 9.74 | 8.92 | 7.02 | 6.43 | 7.32 |
Gain (Loss) on Sale of Assets | -49.5 | -48.22 | -42.29 | -47.49 | -17.44 | -23.09 |
Gain (Loss) on Sale of Investments | 0.92 | 1.69 | 2.15 | 2.47 | 2.37 | 3.07 |
Asset Writedown | 41.3 | 28.6 | 6.63 | 5.99 | 8.31 | 21.96 |
Stock-Based Compensation | 14.12 | 13.34 | 11.56 | 12.46 | 17.23 | 13.77 |
Change in Accounts Receivable | -4.34 | -2.42 | 0.38 | -8.31 | 3.92 | 22.32 |
Change in Other Net Operating Assets | -2.12 | 6.59 | 1.63 | 9.32 | -0.82 | 8.09 |
Other Operating Activities | 1,898 | 1,898 | 495 | 429.98 | 0.42 | 20.37 |
Operating Cash Flow | 673.01 | 667.13 | 635.5 | 612.41 | 578.36 | 568.43 |
Operating Cash Flow Growth | 4.02% | 4.98% | 3.77% | 5.89% | 1.75% | 26.26% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Acquisition of Real Estate Assets | -912.5 | -937.08 | -572.87 | -795.79 | -842.87 | -553.32 |
Sale of Real Estate Assets | 197.8 | 191.16 | 149.83 | 116.33 | 66.96 | 123.05 |
Net Sale / Acq. of Real Estate Assets | -714.7 | -745.92 | -423.04 | -679.46 | -775.91 | -430.27 |
Other Investing Activities | -3.11 | -2.61 | -1.9 | -1.76 | -2.24 | -2.39 |
Investing Cash Flow | -717.8 | -748.06 | -424.34 | -680.66 | -777.63 | -432.18 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Long-Term Debt Issued | - | 1,589 | 1,039 | 1,361 | 688 | 881.17 |
Long-Term Debt Repaid | - | -1,145 | -1,028 | -916.65 | -522.46 | -350.63 |
Net Debt Issued (Repaid) | 356.71 | 444.01 | 11.84 | 444.23 | 165.54 | 530.54 |
Issuance of Common Stock | 149.79 | 85.43 | 217.58 | 32.33 | 253.97 | 4.05 |
Preferred Share Repurchases | - | - | - | - | - | -345 |
Common Dividends Paid | -453.42 | -443.2 | -420.24 | -404.46 | -380.54 | -367.29 |
Preferred Dividends Paid | - | - | - | - | - | -15 |
Total Dividends Paid | -453.42 | -443.2 | -420.24 | -404.46 | -380.54 | -382.29 |
Other Financing Activities | -10.8 | -8.54 | -16.44 | -5.48 | -4.24 | -39.47 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Net Cash Flow | -2.53 | -3.24 | 3.91 | -1.62 | -164.54 | -95.91 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Levered Free Cash Flow | -1,372 | -1,386 | 4.75 | 49.13 | 452.07 | 453.66 |
Unlevered Free Cash Flow | -1,249 | -1,268 | 110.84 | 144.55 | 538.18 | 532.51 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Cash Interest Paid | 196.3 | 184.03 | 183.43 | 148.17 | 140.33 | 123.38 |
Change in Working Capital | -6.46 | 4.17 | 2.01 | 1.01 | 3.1 | 30.41 |