Company research / NNN

NNN Reit, Inc. (NNN)

SEC name NNN REIT, INC. · CIK 0000751364 · NYSE · Real Estate Investment Trusts

  • Sector Finance & Real Estate
  • Incorporated MD
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, NNN Reit, Inc. reported revenue of $926.21M. Revenue grew 6.6% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $953.25M.

Key ratios (year ended 2025-12-31)

63.6%
Operating margin
42.1%
Net margin
8.8%
Return on year-end equity
6.6%
Revenue growth (YoY)

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Latest selected filing: Form 8-K (current report) · 2026-08-17

Headquarters locality: Orlando · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30
2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$953.25M$926.21M$869.27M$828.11M$773.05M$726.41M$660.68M$670.49M$622.66M$584.93M$533.65M
Operating Income$593.86M$589.49M$577.87M$555.10M$482.54M$449.10M$374.49M$416.52M$424.76M$374.16M$336.25M
Depreciation & Amortization$277.30M$268.44M$249.68M$238.62M$223.83M$205.22M$196.62M$188.87M$174.40M$173.72M$149.10M
EBITDA$871.16M$857.92M$827.55M$793.73M$706.37M$654.32M$571.11M$605.39M$599.16M$547.88M$485.35M
Net Income$384.67M$389.78M$396.83M$392.34M$334.63M$290.11M$228.80M$299.18M$292.45M$264.97M$239.50M
EPS (Diluted)n/a$2.07$2.15$2.16$1.89$1.51$1.22$1.56$1.65$1.45$1.38
Total Assets$9.61B$9.38B$8.87B$8.66B$8.15B$7.75B$7.64B$7.43B$7.10B$6.56B$6.33B
Total Liabilities$5.15B$4.97B$4.51B$4.50B$4.02B$3.85B$3.32B$3.10B$2.95B$2.72B$2.42B
Shareholders' Equity$4.46B$4.41B$4.36B$4.16B$4.12B$3.90B$4.32B$4.33B$4.15B$3.84B$3.92B
Cash & Equivalents$4.22M$5.05M$8.73M$1.19M$2.50M$171.32M$267.24M$1.11M$114.27M$1.36M$294.54M
Operating Cash Flow$673.01M$667.13M$635.50M$612.41M$578.36M$568.42M$450.19M$501.73M$471.91M$421.56M$415.34M
Dividends Paid$453.42M$443.20M$420.24M$404.46M$380.54M$367.29M$356.41M$333.69M$303.16M$277.12M$257.01M
Shares Outstanding191.93M189.94M187.54M182.47M181.42M175.64M175.23M171.69M161.50M153.58M147.15M
Dividends Per Sharen/a$2.36$2.29$2.23$2.16$2.10$2.07$2.03$1.95$1.86$1.78
Weighted Average Diluted Sharesn/a187.99M184.04M181.69M177.07M174.82M172.22M165.08M156.30M149.43M144.66M
EPS (Basic)n/a$2.07$2.16$2.16$1.89$1.51$1.22$1.56$1.65$1.45$1.39

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