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NNN

NNN REIT, Inc.

Price Chart
Latest Quote

$47.42

+0.06 (+0.13%)
Current Price
Previous Close $47.36
Open $47.66
Day High $48.12
Day Low $47.24
Volume 861,823
Fetched: 2026-07-16T00:57:00
Stock Information
Quarterly Dividend / Yield $2.48 / 5.04%
Shares Outstanding 190.25M
Quarterly Dividend Yield 5.04%
Quarterly Dividend $2.48
Total Debt $4.85B
Cash Equivalents $4.57M
Revenue $935.78M
Net Income $386.55M
Sector Real Estate
Industry REIT - Retail
Market Cap $9.43B
P/E Ratio 24.07
EPS (TTM) $2.06
Exchange NYQ
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📊 Comprehensive Analysis
Company Data
Enterprise Value$14.28B
Sales$935.78M
Income$386.55M
Book/sh$23.10
Cash/sh$0.02
Employees85
Financial Ratios
Quick Ratio0.11
Current Ratio0.16
Debt/Eq110.44
EPS Growth TTM-2.60%
Returns & Margins
ROA3.90%
ROE8.85%
Gross Margin95.96%
Operating Margin60.55%
Profit Margin41.38%
Ownership
Insider Ownership0.86%
Institutional Ownership98.01%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E23.62
PEG4.79
P/S10.08
P/B2.15
Analyst Data
Recommendationhold
Target Price$46.63
Technical Indicators
SMA20$47.00
SMA50$45.70
SMA200$42.42
RSI65.19
ATR0.8814
Shares Float188.28M
Short Float5.25%
Short Ratio3.72
Volatility0.78
Rel Volume0.85
Performance History
Week+6.03%
Month+7.43%
Quarter+12.42%
6 Months+21.61%
YTD+29.05%
Year+21.73%
3 Years+36.38%
5 Years+35.55%
10 Years+58.06%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-07-17 $49.59 1,501,700
2026-07-16 $49.22 3,853,700
2026-07-15 $47.42 1,246,500
2026-07-14 $47.36 1,190,800
2026-07-13 $47.36 906,000
2026-07-10 $46.77 1,021,300
2026-07-09 $46.51 1,695,500
2026-07-08 $46.89 2,050,500
2026-07-07 $47.44 807,000
2026-07-06 $46.97 1,158,700
2026-07-02 $47.53 1,468,600
2026-07-01 $46.57 2,135,100
2026-06-30 $46.53 1,232,500
2026-06-29 $47.33 2,153,900
2026-06-26 $47.47 4,287,500
2026-06-25 $46.37 1,427,400
2026-06-24 $46.51 1,853,500
2026-06-23 $46.02 1,374,400
2026-06-22 $45.16 1,435,600
2026-06-18 $45.00 2,393,900
About NNN REIT, Inc.

NNN REIT, Inc. invests in high-quality properties subject generally to long-term, net leases with minimal ongoing capital expenditures. As of March 31, 2026, the Company owned 3,711 properties in all 50 states, the District of Columbia and Puerto Rico with a gross leasable area of approximately 39.6 million square feet and a weighted average remaining lease term of 10.1 years. NNN REIT, Inc. was incorporated in August 1984 in Maryland and is based in Orlando, Florida.

Period:
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $37,381,000 $32,317,000 $28,378,000 $26,281,000
Cost Of Revenue $37,381,000 $32,317,000 $28,378,000 $26,281,000
Total Revenue $926,213,000 $869,266,000 $828,111,000 $773,053,000
Operating Revenue $926,213,000 $869,266,000 $828,111,000 $773,053,000
Expenses
Interest Expense $203,955,000 $184,017,000 $163,898,000 $148,065,000
Total Expenses $356,345,000 $327,052,000 $314,502,000 $299,650,000
Rent Expense Supplemental $37,381,000 $32,317,000 $28,378,000 $26,281,000
Other Income Expense $19,618,000 $35,658,000 $41,495,000 $9,134,000
Net Non Operating Interest Income Expense $-199,709,000 $-181,037,000 $-162,764,000 $-147,916,000
Interest Expense Non Operating $203,955,000 $184,017,000 $163,898,000 $148,065,000
Operating Expense $318,964,000 $294,735,000 $286,124,000 $273,369,000
General And Administrative Expense $50,525,000 $45,054,000 $47,499,000 $49,535,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $389,777,000 $396,835,000 $392,340,000 $334,626,000
Net Interest Income $-199,709,000 $-181,037,000 $-162,764,000 $-147,916,000
Interest Income $4,246,000 $2,980,000 $1,134,000 $149,000
Normalized Income $374,278,780 $368,665,180 $359,558,950 $327,410,140
Net Income From Continuing And Discontinued Operation $389,777,000 $396,835,000 $392,340,000 $334,626,000
Total Operating Income As Reported $589,486,000 $577,872,000 $555,104,000 $482,537,000
Net Income Common Stockholders $389,049,000 $396,149,000 $391,731,000 $334,112,000
Net Income $389,777,000 $396,835,000 $392,340,000 $334,626,000
Net Income Including Noncontrolling Interests $389,777,000 $396,835,000 $392,340,000 $334,621,000
Net Income Continuous Operations $389,777,000 $396,835,000 $392,340,000 $334,621,000
Pretax Income $389,777,000 $396,835,000 $392,340,000 $334,621,000
Special Income Charges $-28,602,000 $-6,632,000 $-5,990,000 $-8,309,000
Interest Income Non Operating $4,246,000 $2,980,000 $1,134,000 $149,000
Operating Income $569,868,000 $542,214,000 $513,609,000 $473,403,000
Depreciation Amortization Depletion Income Statement $268,439,000 $249,681,000 $238,625,000 $223,834,000
Depreciation And Amortization In Income Statement $268,439,000 $249,681,000 $238,625,000 $223,834,000
Gross Profit $888,832,000 $836,949,000 $799,733,000 $746,772,000
Per Share
Diluted EPS $2.07 $2.15 $2.16 $1.89
Basic EPS $2.07 $2.16 $2.16 $1.89
Other
Tax Effect Of Unusual Items $4,119,780 $7,488,180 $8,713,950 $1,918,140
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $842,553,000 $794,875,000 $753,368,000 $697,386,000
Total Unusual Items $19,618,000 $35,658,000 $41,495,000 $9,134,000
Total Unusual Items Excluding Goodwill $19,618,000 $35,658,000 $41,495,000 $9,134,000
Reconciled Depreciation $268,439,000 $249,681,000 $238,625,000 $223,834,000
EBITDA (Bullshit earnings) $862,171,000 $830,533,000 $794,863,000 $706,520,000
EBIT $593,732,000 $580,852,000 $556,238,000 $482,686,000
Diluted Average Shares $187,986,798 $184,043,841 $181,689,723 $177,068,000
Basic Average Shares $187,611,451 $183,688,562 $181,200,040 $176,404,000
Diluted NI Availto Com Stockholders $389,049,000 $396,149,000 $391,731,000 $334,112,000
Otherunder Preferred Stock Dividend $728,000 $686,000 $609,000 $514,000
Impairment Of Capital Assets $28,602,000 $6,632,000 $5,990,000 $8,309,000
Gain On Sale Of Security $48,220,000 $42,290,000 $47,485,000 $17,443,000
Selling General And Administration $50,525,000 $45,054,000 $47,499,000 $49,535,000
Other Gand A $46,923,000 $44,287,000 $43,746,000 $41,695,000
Rent And Landing Fees $486,000 $99,000 $299,000 $320,000
Salaries And Wages $3,116,000 $668,000 $3,454,000 $7,520,000
Minority Interests - $0 $0 $5,000
Preferred Stock Dividends - - - -
Other Special Charges - - - -
Restructuring And Mergern Acquisition - - - -
Fetched: 2026-07-08
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $4,360,525,000 $4,317,950,000 $4,104,643,000 $4,061,850,000
Total Assets $9,379,355,000 $8,872,728,000 $8,661,968,000 $8,146,045,000
Total Non Current Assets $9,305,306,000 $8,817,445,000 $8,610,737,000 $8,101,722,000
Other Non Current Assets $39,185,000 $27,235,000 $26,645,000 $20,042,000
Goodwill And Other Intangible Assets $47,777,000 $44,325,000 $52,814,000 $61,652,000
Other Intangible Assets $47,777,000 $44,325,000 $52,814,000 $61,652,000
Current Assets $74,049,000 $55,283,000 $51,231,000 $44,323,000
Other Current Assets $8,645,000 $8,958,000 $3,243,000 $5,352,000
Assets Held For Sale Current $21,198,000 $283,000 $4,573,000 $786,000
Restricted Cash $776,000 $331,000 $3,966,000 $4,273,000
Receivables $38,384,000 $36,980,000 $38,260,000 $31,407,000
Other Receivables $34,914,000 $34,005,000 $34,611,000 $27,795,000
Accounts Receivable $3,470,000 $2,975,000 $3,649,000 $3,612,000
Allowance For Doubtful Accounts Receivable $-609,000 $-617,000 $-669,000 $-708,000
Gross Accounts Receivable $4,079,000 $3,592,000 $4,318,000 $4,320,000
Cash Cash Equivalents And Short Term Investments $5,046,000 $8,731,000 $1,189,000 $2,505,000
Cash And Cash Equivalents $5,046,000 $8,731,000 $1,189,000 $2,505,000
Debt
Net Debt $4,815,378,000 $4,365,072,000 $4,359,355,000 $3,913,549,000
Total Debt $4,820,424,000 $4,373,803,000 $4,360,544,000 $3,916,054,000
Long Term Debt And Capital Lease Obligation $4,472,324,000 $4,373,803,000 $4,228,544,000 $3,749,854,000
Long Term Debt $4,472,324,000 $4,373,803,000 $4,228,544,000 $3,749,854,000
Current Debt And Capital Lease Obligation $348,100,000 - $132,000,000 $166,200,000
Current Debt $348,100,000 - $132,000,000 $166,200,000
Liabilities
Total Liabilities Net Minority Interest $4,971,053,000 $4,510,453,000 $4,504,511,000 $4,022,543,000
Total Non Current Liabilities Net Minority Interest $4,582,396,000 $4,480,754,000 $4,338,137,000 $3,832,517,000
Other Non Current Liabilities $110,072,000 $106,951,000 $109,593,000 $82,663,000
Current Liabilities $388,657,000 $29,699,000 $166,374,000 $190,026,000
Payables And Accrued Expenses $40,557,000 $29,699,000 $34,374,000 $23,826,000
Interest Payable $40,557,000 $29,699,000 $34,374,000 $23,826,000
Equity
Common Stock Equity $4,408,302,000 $4,362,275,000 $4,157,457,000 $4,123,502,000
Total Equity Gross Minority Interest $4,408,302,000 $4,362,275,000 $4,157,457,000 $4,123,502,000
Stockholders Equity $4,408,302,000 $4,362,275,000 $4,157,457,000 $4,123,502,000
Gains Losses Not Affecting Retained Earnings $-6,321,000 $-7,959,000 $-10,111,000 $-12,582,000
Other Equity Adjustments $-6,321,000 $-7,959,000 $-10,111,000 $-12,582,000
Retained Earnings $-882,712,000 $-829,287,000 $-805,883,000 $-793,765,000
Other
Ordinary Shares Number $189,937,404 $187,540,929 $182,474,770 $181,424,670
Share Issued $189,937,404 $187,540,929 $182,474,770 $181,424,670
Tangible Book Value $4,360,525,000 $4,317,950,000 $4,104,643,000 $4,061,850,000
Invested Capital $9,228,726,000 $8,736,078,000 $8,518,001,000 $8,039,556,000
Working Capital $-314,608,000 $25,584,000 $-115,143,000 $-145,703,000
Total Capitalization $8,880,626,000 $8,736,078,000 $8,386,001,000 $7,873,356,000
Additional Paid In Capital $5,295,434,000 $5,197,644,000 $4,971,625,000 $4,928,034,000
Capital Stock $1,901,000 $1,877,000 $1,826,000 $1,815,000
Common Stock $1,901,000 $1,877,000 $1,826,000 $1,815,000
Line Of Credit $348,100,000 $0 $132,000,000 $166,200,000
Current Accrued Expenses $40,557,000 $29,699,000 $34,374,000 $23,826,000
Investment Properties $9,218,344,000 $8,745,885,000 $8,531,278,000 $8,020,028,000
Treasury Shares Number - - $0 -
Minority Interest - - - $0
Preferred Stock - - - -
Fetched: 2026-07-08
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $667,131,000 $635,504,000 $612,410,000 $578,355,000
Operating Activities
Operating Cash Flow $667,131,000 $635,504,000 $612,410,000 $578,355,000
Cash Flow From Continuing Operating Activities $667,131,000 $635,504,000 $612,410,000 $578,355,000
Operating Gains Losses $-33,586,000 $-29,455,000 $-34,110,000 $-113,000
Investing Activities
Investing Cash Flow $-748,064,000 $-424,336,000 $-680,660,000 $-777,631,000
Cash Flow From Continuing Investing Activities $-748,064,000 $-424,336,000 $-680,660,000 $-777,631,000
Net Other Investing Changes $-2,149,000 $-1,296,000 $-1,203,000 $-1,721,000
Financing Activities
Issuance Of Capital Stock $85,425,000 $217,581,000 $32,328,000 $253,972,000
Financing Cash Flow $77,693,000 $-207,261,000 $66,627,000 $34,732,000
Cash Flow From Continuing Financing Activities $77,693,000 $-207,261,000 $66,627,000 $34,732,000
Net Other Financing Charges $-8,540,000 $-16,443,000 $-5,476,000 $-4,238,000
Cash Dividends Paid $-443,202,000 $-420,239,000 $-404,458,000 $-380,538,000
Common Stock Dividend Paid $-443,202,000 $-420,239,000 $-404,458,000 $-380,538,000
Net Common Stock Issuance $85,425,000 $217,581,000 $32,328,000 $253,972,000
Common Stock Issuance $85,425,000 $217,581,000 $32,328,000 $253,972,000
Repurchase Of Capital Stock - - $0 $0
Preferred Stock Dividend Paid - - $0 $0
Net Preferred Stock Issuance - - $0 $0
Other
Repayment Of Debt $-1,144,700,000 $-1,027,500,000 $-916,647,000 $-522,464,000
Issuance Of Debt $1,588,710,000 $1,039,340,000 $1,360,880,000 $688,000,000
Interest Paid Supplemental Data $184,027,000 $183,426,000 $148,169,000 $140,331,000
End Cash Position $5,822,000 $9,062,000 $5,155,000 $6,778,000
Beginning Cash Position $9,062,000 $5,155,000 $6,778,000 $171,322,000
Changes In Cash $-3,240,000 $3,907,000 $-1,623,000 $-164,544,000
Net Issuance Payments Of Debt $444,010,000 $11,840,000 $444,233,000 $165,536,000
Net Long Term Debt Issuance $444,010,000 $11,840,000 $444,233,000 $165,536,000
Long Term Debt Payments $-1,144,700,000 $-1,027,500,000 $-916,647,000 $-522,464,000
Long Term Debt Issuance $1,588,710,000 $1,039,340,000 $1,360,880,000 $688,000,000
Net Investment Properties Purchase And Sale $-745,915,000 $-423,040,000 $-679,457,000 $-775,910,000
Sale Of Investment Properties $191,163,000 $149,834,000 $116,334,000 $66,962,000
Purchase Of Investment Properties $-937,078,000 $-572,874,000 $-795,791,000 $-842,872,000
Change In Working Capital $4,172,000 $2,014,000 $1,014,000 $3,095,000
Change In Other Working Capital $-147,000 $-82,000 $79,000 $68,000
Change In Other Current Liabilities $3,466,000 $6,581,000 $-1,550,000 $-1,217,000
Change In Other Current Assets $-7,589,000 $-190,000 $243,000 $424,000
Change In Payables And Accrued Expense $10,858,000 $-4,675,000 $10,548,000 $-97,000
Change In Accrued Expense $10,858,000 $-4,675,000 $10,548,000 $-97,000
Change In Interest Payable $10,858,000 $-4,675,000 $10,548,000 $-97,000
Change In Receivables $-2,416,000 $380,000 $-8,306,000 $3,917,000
Changes In Account Receivables $-495,000 $674,000 $-853,000 $358,000
Other Non Cash Items $9,727,000 $9,797,000 $8,551,000 $8,609,000
Asset Impairment Charge $28,602,000 $6,632,000 $5,990,000 $8,309,000
Depreciation Amortization Depletion $268,439,000 $249,681,000 $238,625,000 $223,834,000
Depreciation And Amortization $268,439,000 $249,681,000 $238,625,000 $223,834,000
Pension And Employee Benefit Expense $15,043,000 $12,835,000 $13,375,000 $17,330,000
Gain Loss On Investment Securities $-48,629,000 $-42,290,000 $-47,485,000 $-17,443,000
Net Income From Continuing Operations $389,777,000 $396,835,000 $392,340,000 $334,621,000
Preferred Stock Payments - - $0 $0
Net Short Term Debt Issuance - - $-34,200,000 $166,200,000
Short Term Debt Payments - - $-906,700,000 $-521,800,000
Short Term Debt Issuance - - $872,500,000 $688,000,000
Stock Based Compensation - - - $17,330,000
Fetched: 2026-07-08