Invezz

NNN REIT, Inc. (NNN)

NYSE Market Closed

NNN REIT, Inc. is a US real estate investment trust focused primarily on single-tenant retail properties leased under long-term net lease agreements. In this structure, tenants typically carry many property-level costs, including taxes, insurance, and maintenance, which can make cash flows more predictable than in operating-intensive real estate models.

The company’s portfolio is spread across a wide range of retail and service-oriented uses, including convenience stores, automotive service centers, restaurants, entertainment venues, theaters, dealerships, and other everyday consumer locations. NNN REIT generally seeks properties with durable tenant demand, manageable capital expenditure needs, and lease terms that support recurring rental income.

As a REIT, the company is designed to pass most taxable income to shareholders through dividends, making rental income generation and portfolio occupancy central to its investment case. Its strategy combines acquisitions, lease management, tenant diversification, and selective capital allocation rather than development-heavy growth. While retail real estate can be sensitive to consumer spending, tenant credit quality, and interest rates, NNN REIT’s emphasis on net leases and essential or convenience-based locations helps distinguish it from mall, office, or multi-tenant retail landlords.

The company may also invest beyond direct property ownership, including mortgages, secured loans, partnership interests, or securities of other real estate issuers, but its identity remains closely tied to the US net-lease retail market.

48.64 USD
48.64 USD
−0.33 (-0.67%)
Pre-market

Last updated

Market Cap
$9,253,671,329
P/E
23.89
P/FCF
P/S
9.91
Enterprise Value
$14,103,224,329
Sector
Real Estate
Industry
Retail REITs
Address
450 S ORANGE AVE, ORLANDO, FL, 32801

No recent news is linked to this listing.

Market Cap
$9,253,671,329
Enterprise Value
$14,103,224,329
P/E
23.89
P/B
2.11
P/S
9.91
EV / EBITDA
16.68
EV / Sales
15.1
EPS
2.04
Dividend Yield
4.85%
P/FCF
P/CF
14.22
Free Cash Flow
ROE
8.81%
ROA
4.11%
Debt / Equity
1.1
Current Ratio
0
Quick Ratio
0
Cash
0
Avg Volume
$1,706,653
Fundamentals Snapshot Price
48.64

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 240.01M 237.54M 229.77M 226.5M 230.57M
Cost of revenue 9.8M 10.04M 9.13M 8.84M 9.38M
Gross profit 230.22M 227.5M 220.65M 217.66M 221.2M
Operating income 134.05M 132.06M 134.32M 133.29M 139.76M
EBITDA 215.53M 215.64M 208.77M 205.72M 205.89M
Net income 93.95M 95.95M 96.84M 100.53M 96.46M
Interest expense -52.73M -53.57M -53.38M -49.28M -47.72M
Other operating expenses 11.26M 15.57M 8.02M 4.8M 3.82M
Total operating expenses 96.16M 95.44M 86.32M 84.37M 81.44M
Basic EPS 0.5 0.5 0.51 0.54 0.52
Diluted EPS 0.5 0.51 0.51 0.54 0.51

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 9.42B 9.38B 9.48B 9.15B 9.02B
Total liabilities 5.03B 4.97B 5.06B 4.79B 4.67B
Total equity 4.4B 4.41B 4.42B 4.36B 4.36B
Cash & equivalents 4.57M 5.05M 157.92M 5.97M 5.1M
Current assets 16.19M 17.16M 167.16M 16.17M 16.96M
Current liabilities 4.63B 4.86B 4.95B 4.68B 4.49B
Receivables 3.81M 3.47M 2.27M 2.5M 3.58M
Long-term debt 300M 74.7M

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow 187.03M 126.17M 218.26M 119.42M 203.28M
Investing cash flow -106.36M -113.22M -247.88M -171.67M -215.3M
Financing cash flow -81.09M -165.82M 181.56M 53.47M 8.48M
Change in cash -425K -152.87M 151.95M 1.22M -3.54M
Net income 93.95M 95.95M 96.84M 100.53M 96.46M
Kind Filing Date Link
edgar index 8-K — NNN REIT, INC. View Filing
eight k text 8-K — 8-K View Filing
edgar index SCHEDULE 13G/A — NNN REIT, INC. View Filing
edgar index 8-K — NNN REIT, INC. View Filing
eight k text 8-K — 8-K View Filing
edgar index 4 — NNN REIT, INC. View Filing
edgar index 4 — NNN REIT, INC. View Filing
edgar index 4 — NNN REIT, INC. View Filing
edgar index 4 — NNN REIT, INC. View Filing
edgar index 4 — NNN REIT, INC. View Filing
edgar index 4 — NNN REIT, INC. View Filing
edgar index 8-K — NNN REIT, INC. View Filing
edgar index 10-Q — NNN REIT, INC. View Filing
edgar index SCHEDULE 13G — NNN REIT, INC. View Filing
eight k text 8-K — 8-K View Filing
form 4 Form 4 — Witherspoon Kamau Omari View Filing
form 4 Form 4 — Gulacsy Elizabeth View Filing
form 4 Form 4 — FRITSCH EDWARD J View Filing
form 4 Form 4 — HOLDEN BETSY D View Filing
form 4 Form 4 — FICK DAVID M View Filing
form 4 Form 4 — Beall Pamela K.M. View Filing
edgar index SCHEDULE 13G — NNN REIT, INC. View Filing
edgar index ARS — NNN REIT, INC. View Filing
edgar index SCHEDULE 13G/A — NNN REIT, INC. View Filing
edgar index DEF 14A — NNN REIT, INC. View Filing
edgar index 4 — NNN REIT, INC. View Filing
edgar index 4 — NNN REIT, INC. View Filing
edgar index 144 — NNN REIT, INC. View Filing
form 4 Form 4 — Horn Stephen A JR View Filing
form 4 Form 4 — Adamo Jonathan View Filing
edgar index 4 — NNN REIT, INC. View Filing
form 4 Form 4 — Miller Michelle Lynn View Filing
edgar index 8-K — NNN REIT, INC. View Filing
edgar index 144 — NNN REIT, INC. View Filing
eight k text 8-K — 8-K View Filing
edgar index 4 — NNN REIT, INC. View Filing
edgar index 4 — NNN REIT, INC. View Filing
edgar index 4 — NNN REIT, INC. View Filing
edgar index 4 — NNN REIT, INC. View Filing
edgar index 4 — NNN REIT, INC. View Filing
edgar index 4 — NNN REIT, INC. View Filing
form 4 Form 4 — Adamo Jonathan View Filing
form 4 Form 4 — Adamo Jonathan View Filing
form 4 Form 4 — Chao Vincent H. View Filing
form 4 Form 4 — Chao Vincent H. View Filing
form 4 Form 4 — Horn Stephen A JR View Filing
form 4 Form 4 — Horn Stephen A JR View Filing
form 4 Form 4 — Horn Stephen A JR View Filing
form 4 Form 4 — Lewis Joshua Phillip View Filing
form 4 Form 4 — Lewis Joshua Phillip View Filing
form 4 Form 4 — Miller Michelle Lynn View Filing
form 4 Form 4 — Miller Michelle Lynn View Filing
form 4 Form 4 — Miller Michelle Lynn View Filing
form 4 Form 4 — Steffens Gina M. View Filing
form 4 Form 4 — Steffens Gina M. View Filing
edgar index 8-K — NNN REIT, INC. View Filing
edgar index 10-K — NNN REIT, INC. View Filing
eight k text 8-K — 8-K View Filing
ten k section 10-K — business View Filing
ten k section 10-K — mda View Filing
ten k section 10-K — risk_factors View Filing
edgar index SCHEDULE 13G — NNN REIT, INC. View Filing
edgar index 4 — NNN REIT, INC. View Filing
edgar index 4 — NNN REIT, INC. View Filing
edgar index 4 — NNN REIT, INC. View Filing
edgar index 4 — NNN REIT, INC. View Filing
edgar index 4 — NNN REIT, INC. View Filing
edgar index 4 — NNN REIT, INC. View Filing
edgar index 4 — NNN REIT, INC. View Filing
edgar index SCHEDULE 13G/A — NNN REIT, INC. View Filing
form 4 Form 4 — Beall Pamela K.M. View Filing
form 4 Form 4 — COSLER STEVEN D View Filing
form 4 Form 4 — FICK DAVID M View Filing
form 4 Form 4 — FRITSCH EDWARD J View Filing
form 4 Form 4 — Gulacsy Elizabeth View Filing
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