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NNN REIT, INC.

NNN

$41.59 ▼ -0.02 (-0.06%) at close

19 Visible periods

34 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Excellent

Bullish

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Analytical Summary

NNN REIT, INC. shows strong fundamentals with top-quartile Profit Margin (%) and Debt to Equity. The company's metrics support a bullish outlook for growth-oriented investors.

Market Cap $7.8B

Dividend Yield 5.67%

Revenue Growth 6.6% ↗

Op. Margin 63.6% ↘

ROIC None

FCF / Share None

Trailing P/E 20.1x

Price / Book 1.8x

FCF Yield —

Debt / Equity 0.05

info Valuation on last close. End-of-day price, Sep 22, 2026.

19-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$926.21M

↑ +6.6% —

Net Income Profit after all expenses

$389.78M

↓ -1.8% —

Operating Margin Operating profit as % of sales

63.6%

↓ -4.3% 99th

trending_up

Bullish Indicators

Debt to EquityDebt to Equity is in the top quartile (lower is better)
Operating Margin (%)Operating Margin (%) is in the top quartile
Profit Margin (%)Profit Margin (%) is in the top quartile

warning

Bearish Risks

No bearish risks detected.

Health Breakdown

Profitability ↑

Returns ↑

Financial Health

Dividend History

Dividend / share · sourced from SEC filings

$2.36 Latest / share

+3.1% YoY

+3.3% 12-yr CAGR

$1.65

FY 2014

$1.71

FY 2015

$1.78

FY 2016

$1.86

FY 2017

$1.95

FY 2018

$2.03

FY 2019

$2.07

FY 2020

$2.10

FY 2021

$2.16

FY 2022

$2.23

FY 2023

$2.29

FY 2024

$2.36

FY 2025

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Jan 15, 2026 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Revenue Growth YoY (%)	6.6% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+31%)	5.0% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: At sector avg	7.1% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+42%)	6.4% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+28%)	9.9% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+99%)	-1.5% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-129%)	7.7% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+54%)	6.4% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+29%)	9.6% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+92%)	10.5% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+110%)	11.1% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+121%)	10.5% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+110%)	18.7% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+274%)	27.5% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+451%)	14.1% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+181%)	-1.3% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-125%)	1.7% Caution Caution Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-66%)	—	—
EPS Growth YoY (%)	-4.2% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	0.0% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	14.3% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	25.2% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	23.8% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	-21.8% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-5.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	13.8% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	4.3% Caution ↓ Caution Declining Year-over-year change in earnings per share Optimal: > 10%	14.9% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	-2.4% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	11.7% Fair → Fair Stable Year-over-year change in earnings per share Optimal: > 10%	-1.8% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	17.7% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	20.0% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	33.3% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	-59.5% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	-1.8% Weak ↓ Weak Declining Year-over-year change in net income	1.1% Caution ↓ Caution Declining Year-over-year change in net income	17.2% Good ↑ Good Improving Year-over-year change in net income	15.3% Good ↑ Good Improving Year-over-year change in net income	26.8% Excellent ↑ Excellent Improving Year-over-year change in net income	-23.5% Weak ↓ Weak Declining Year-over-year change in net income	2.3% Caution ↓ Caution Declining Year-over-year change in net income	10.4% Fair ↓ Fair Declining Year-over-year change in net income	10.6% Fair ↓ Fair Declining Year-over-year change in net income	21.1% Good ↑ Good Improving Year-over-year change in net income	3.8% Caution ↓ Caution Declining Year-over-year change in net income	19.0% Good ↓ Good Declining Year-over-year change in net income	12.8% Fair ↓ Fair Declining Year-over-year change in net income	53.8% Excellent ↑ Excellent Improving Year-over-year change in net income	26.5% Excellent ↑ Excellent Improving Year-over-year change in net income	33.2% Excellent Excellent Year-over-year change in net income	-53.2% Weak Weak Year-over-year change in net income	—	—
FCF Growth YoY (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Revenue CAGR 3Y (%)	6.2% Fair → Fair Stable Compound annual revenue growth over 3 years	6.2% Fair → Fair Stable Compound annual revenue growth over 3 years	7.8% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	4.9% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	5.3% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	4.1% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	7.9% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	8.8% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	10.4% Good ↓ Good Declining Compound annual revenue growth over 3 years	10.7% Good ↓ Good Declining Compound annual revenue growth over 3 years	13.4% Good ↓ Good Declining Compound annual revenue growth over 3 years	18.7% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	20.0% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	12.8% Good Good Compound annual revenue growth over 3 years	4.6% Caution Caution Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	7.0% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	5.3% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	5.9% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	5.7% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	6.4% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	6.5% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	9.0% Good ↓ Good Declining Compound annual revenue growth over 5 years	9.6% Good ↓ Good Declining Compound annual revenue growth over 5 years	12.0% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	15.5% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	16.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	13.5% Excellent Excellent Compound annual revenue growth over 5 years	11.6% Good Good Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	3.1% Caution ↓ Caution Declining Compound annual EPS growth over 3 years	12.7% Good ↑ Good Improving Compound annual EPS growth over 3 years	21.0% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	6.6% Fair ↑ Fair Improving Compound annual EPS growth over 3 years	-2.9% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-5.6% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	3.9% Caution ↓ Caution Declining Compound annual EPS growth over 3 years	10.9% Good ↑ Good Improving Compound annual EPS growth over 3 years	5.4% Fair ↓ Fair Declining Compound annual EPS growth over 3 years	7.8% Fair → Fair Stable Compound annual EPS growth over 3 years	2.3% Caution ↓ Caution Declining Compound annual EPS growth over 3 years	8.9% Fair ↑ Fair Improving Compound annual EPS growth over 3 years	11.5% Good ↑ Good Improving Compound annual EPS growth over 3 years	23.5% Excellent Excellent Compound annual EPS growth over 3 years	-13.4% Weak Weak Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 4 metrics

Metric	FY 2025 Jan 15, 2026 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Operating Margin (%) (%)	63.6% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+112%)	66.5% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+122%)	67.0% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+123%)	62.4% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+108%)	61.8% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+106%)	56.7% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+89%)	62.1% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+107%)	68.2% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+127%)	64.0% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+113%)	57.9% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+93%)	59.8% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+99%)	61.2% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+104%)	61.0% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+103%)	61.3% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+104%)	61.5% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+105%)	58.7% Excellent → Excellent Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+96%)	48.5% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+62%)	64.5% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+115%)	—
Profit Margin (%) (%)	42.1% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+68%)	45.7% Excellent → Excellent Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+83%)	47.4% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+90%)	43.3% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+73%)	39.9% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+60%)	34.6% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+39%)	44.6% Excellent → Excellent Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+78%)	47.0% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+88%)	45.3% Excellent → Excellent Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+81%)	44.9% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+80%)	41.0% Excellent → Excellent Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+64%)	43.8% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+75%)	40.7% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+63%)	42.8% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+71%)	35.5% Excellent → Excellent Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+42%)	32.0% Excellent ↓ Excellent Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+28%)	23.7% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-5%)	51.6% Excellent Excellent Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+106%)	—
FCF Margin (%) (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF / Net Income (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Jan 15, 2026 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Return on Invested Capital (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Capital (%) (%)	6.3% Caution → Caution Stable Operating profit relative to total assets Optimal: > 10%	6.5% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	6.4% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	5.9% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	5.8% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	4.9% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	5.6% Caution → Caution Stable Operating profit relative to total assets Optimal: > 10%	6.0% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	5.7% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	4.9% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	5.3% Caution → Caution Stable Operating profit relative to total assets Optimal: > 10%	5.4% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	5.4% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	5.1% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	4.7% Caution → Caution Stable Operating profit relative to total assets Optimal: > 10%	4.9% Caution Caution Operating profit relative to total assets Optimal: > 10%	4.3% Caution Caution Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	8.8% Caution → Caution Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+11%)	9.1% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+14%)	9.4% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+18%)	8.1% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	7.4% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-7%)	5.3% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-34%)	6.9% Caution → Caution Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-14%)	7.0% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-12%)	6.9% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-14%)	6.1% Caution → Caution Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-24%)	5.9% Caution → Caution Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-26%)	6.2% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-23%)	5.8% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-28%)	6.2% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-23%)	4.6% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-42%)	4.8% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-40%)	3.5% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-56%)	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Jan 15, 2026 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Debt to Equity (x)	0.05x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-95%)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Interest Coverage (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Debt (USD)	$194.95M	$-8.73M	$-1.19M	$-2.50M	$-171.32M	$-267.24M	$-1.11M	$-114.27M	$-1.36M	$-294.54M	$-13.66M	$-10.60M	$-1.49M	$-2.08M	$-2.08M	$-2.05M	$-15.22M	$-2.63M	$-27.50M
Debt / EBITDA (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

📊 What does each share earn? 8 metrics

Metric	FY 2025 Jan 15, 2026 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Revenue per Share (USD)	$4.94	$4.73	$4.57	$4.38	$4.16	$3.84	$4.07	$4.00	$3.92	$3.70	$3.60	$3.50	$3.33	$3.10	$2.95	$2.76	$2.89	$3.06	—
Basic EPS, GAAP (USD)	$2.07	$2.16	$2.16	$1.89	$1.51	$1.22	$1.56	$1.65	$1.45	$1.39	$1.21	$1.24	$1.11	$1.13	$0.96	$0.80	$0.60	$1.48	—
Free Cash Flow per Share (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividend per Share (USD)	$2.36	$2.29	$2.23	$2.16	$2.10	$2.07	$2.03	$1.95	$1.86	$1.78	$1.71	$1.65	$1.60	$1.56	$1.53	$1.51	$1.50	$1.48	—
Book Value per Share (USD)	$23.21	$23.26	$22.78	$22.73	$22.21	$24.65	$25.23	$25.72	$25.01	$26.62	$23.70	$23.35	$22.76	$20.58	$19.12	$18.27	$18.98	—	—
Tangible Book Value per Share (USD)	$23.21	$23.26	$22.78	$22.73	$22.21	$24.65	$25.23	$25.72	$25.01	$26.62	$23.70	$23.35	$22.76	$20.58	$19.12	$18.27	$18.98	—	—
Basic Weighted Avg Shares (shares)	187.61M	183.69M	181.20M	176.40M	174.71M	172.11M	164.69M	155.74M	149.11M	144.18M	134.00M	124.26M	118.20M	106.97M	88.10M	82.72M	79.85M	74.25M	—
Dividend Payout Ratio (%)	114.0% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	106.0% Weak ↓ Weak Declining Dividends paid as a percentage of earnings Optimal: 30-60%	103.2% Weak ↓ Weak Declining Dividends paid as a percentage of earnings Optimal: 30-60%	114.3% Weak ↓ Weak Declining Dividends paid as a percentage of earnings Optimal: 30-60%	139.1% Weak → Weak Stable Dividends paid as a percentage of earnings Optimal: 30-60%	169.7% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	130.1% Weak → Weak Stable Dividends paid as a percentage of earnings Optimal: 30-60%	118.2% Weak ↓ Weak Declining Dividends paid as a percentage of earnings Optimal: 30-60%	128.3% Weak → Weak Stable Dividends paid as a percentage of earnings Optimal: 30-60%	128.1% Weak ↓ Weak Declining Dividends paid as a percentage of earnings Optimal: 30-60%	141.3% Weak → Weak Stable Dividends paid as a percentage of earnings Optimal: 30-60%	133.1% Weak ↓ Weak Declining Dividends paid as a percentage of earnings Optimal: 30-60%	144.1% Weak ↓ Weak Declining Dividends paid as a percentage of earnings Optimal: 30-60%	138.1% Weak ↓ Weak Declining Dividends paid as a percentage of earnings Optimal: 30-60%	159.4% Weak ↓ Weak Declining Dividends paid as a percentage of earnings Optimal: 30-60%	189.1% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	250.0% Weak Weak Dividends paid as a percentage of earnings Optimal: 30-60%	100.0% Weak Weak Dividends paid as a percentage of earnings Optimal: 30-60%	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Jan 15, 2026 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
LT Debt (USD)	$200.00M	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total Equity (USD)	$4.41B	$4.36B	$4.16B	$4.12B	$3.90B	$4.32B	$4.33B	$4.15B	$3.84B	$3.92B	$3.34B	$3.08B	$2.78B	$2.30B	$2.00B	$1.53B	$1.56B	—	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Jan 15, 2026 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Sales/Revenue/Turnover (USD)	$926.21M	$869.27M	$828.11M	$773.05M	$726.41M	$660.68M	$670.49M	$622.66M	$584.93M	$533.65M	$482.92M	$434.85M	$393.52M	$331.54M	$259.94M	$227.89M	$230.81M	$226.96M	—
Depreciation Expense (USD)	$268.44M	$249.68M	$238.62M	$223.83M	$205.22M	$196.62M	$188.87M	$174.40M	$173.72M	$149.10M	$134.80M	$116.17M	$99.62M	$75.33M	$58.82M	$49.08M	$48.48M	$45.35M	—
Net Income, GAAP (USD)	$389.78M	$396.83M	$392.34M	$334.63M	$290.11M	$228.80M	$299.18M	$292.45M	$264.97M	$239.50M	$197.84M	$190.60M	$160.15M	$142.01M	$92.33M	$73.00M	$54.81M	$117.15M	—
Operating Cash Flow (USD)	$667.13M	$635.50M	$612.41M	$578.36M	$568.42M	$450.19M	$501.73M	$471.91M	$421.56M	$415.34M	$341.10M	$296.73M	$274.42M	$228.13M	$182.95M	$187.91M	$149.50M	$237.46M	—

🏛️ Sector-Specific 2 metrics

Metric	FY 2025 Jan 15, 2026 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
FFO (approx.) (USD)	$658.22M	$646.52M	$630.97M	$558.46M	$495.33M	$425.42M	$488.05M	$466.85M	$438.69M	$388.60M	$332.63M	$306.77M	$259.76M	$217.35M	$151.14M	$122.08M	$103.30M	$162.50M	—
FFO per Share (approx.) (USD)	$3.51	$3.52	$3.48	$3.17	$2.84	$2.47	$2.96	$3.00	$2.94	$2.70	$2.48	$2.47	$2.20	$2.03	$1.72	$1.48	$1.29	$2.19	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced yesterday 19 years · 71 quarters

NNN REIT, INC.

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