NNN
NNN REIT, Inc.
$42.03
+0.31
(+0.74%)
Mkt Cap
8.00B
Volume
2,822,394
52W Range
38.9-50
Sector
Real Estate
Beta
0.76
EPS (TTM)
2.04 USD
P/E Ratio
20.60
Revenue (TTM)
953.25M USD
Rev Growth (5Y)
+7.0%
EPS Growth (5Y)
+11.2%
AlphaVal · Fair Value
What we estimate one share is worth
$55.61
Fair Value
moderate signal
24.4% below fair value
Modeled from cash flows & growth.
AlphaQuality · Grade
How strong & durable the business is
B+
Real Estate Investment Trust
75.3 / 100 composite
A real-estate investment trust — graded A–F vs. similar companies.
Company Description
NNN REIT, Inc. is a REIT that invests in high-quality properties subjected generally to long-term, net leases with minimal ongoing capital expenditures. As of June 30, 2026, the Company owned 3,774 properties across 50 states, the District of Columbia and Puerto Rico, encompassing approximately 40.4 million square feet of gross leasable area, with 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.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 926.21M | 869.27M | 828.11M | 773.05M | 726.41M | 660.68M | 670.49M | 622.66M | 584.93M | 533.65M | 482.91M | 434.85M |
| Net Income | 389.78M | 396.83M | 392.34M | 334.63M | 290.11M | 228.80M | 299.18M | 292.45M | 264.97M | 239.50M | 197.84M | 190.60M |
| EPS | 2.07 | 2.16 | 2.16 | 1.89 | 1.51 | 1.22 | 1.56 | 1.65 | 1.45 | 1.39 | 1.21 | 1.24 |
| Free Cash Flow | 667.13M | 635.50M | 612.41M | 578.36M | 568.42M | 450.19M | 501.73M | 471.91M | 421.56M | 415.34M | 341.10M | 296.73M |
| FCF / Share | 3.56 | 3.46 | 3.38 | 3.31 | 3.25 | 2.62 | 3.05 | 3.03 | 2.83 | 2.88 | 2.55 | 2.39 |
| Operating CF | 667.13M | 635.50M | 612.41M | 578.36M | 568.42M | 450.19M | 501.73M | 471.91M | 421.56M | 415.34M | 341.10M | 296.73M |
| Total Assets | 9.38B | 8.87B | 8.66B | 8.15B | 7.75B | 7.64B | 7.43B | 7.10B | 6.56B | 6.33B | 5.46B | 4.93B |
| Total Debt | 4.82B | 4.37B | 4.36B | 3.92B | 3.75B | 3.22B | 2.99B | 2.85B | 2.58B | 2.31B | 1.98B | 1.74B |
| Cash & Equiv | 5.05M | 8.73M | 1.19M | 2.50M | 171.32M | 267.24M | 1.11M | 114.27M | 1.36M | 294.54M | 14.26M | 10.60M |
| Book Value | 4.41B | 4.36B | 4.16B | 4.12B | 3.90B | 4.32B | 4.33B | 4.15B | 3.84B | 3.92B | 3.34B | 3.08B |
| Return on Equity | 0.09 | 0.09 | 0.09 | 0.08 | 0.07 | 0.05 | 0.07 | 0.07 | 0.07 | 0.06 | 0.06 | 0.06 |
| Metric | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 244.27M | 240.42M | 238.40M | 230.16M | 226.80M | 230.85M | 218.48M | 218.56M | 216.81M | 215.41M | 216.23M | 205.13M |
| Net Income | 97.92M | 93.95M | 95.95M | 96.84M | 100.53M | 96.46M | 97.89M | 97.90M | 106.67M | 94.37M | 96.68M | 106.79M |
| EPS | 0.52 | 0.50 | 0.51 | 0.51 | 0.54 | 0.52 | 0.52 | 0.53 | 0.58 | 0.52 | 0.53 | 0.59 |
| Free Cash Flow | (287.78M) | 187.03M | 126.17M | 218.26M | 119.42M | 203.28M | 117.68M | 206.63M | 120.48M | 190.72M | 121.60M | 191.52M |
| FCF / Share | -1.52 | 0.99 | 0.67 | 1.16 | 0.64 | 1.09 | 0.63 | 1.12 | 0.66 | 1.05 | 0.67 | 1.06 |
| Operating CF | 141.55M | 187.03M | 126.17M | 218.26M | 119.42M | 203.28M | 117.68M | 206.63M | 120.48M | 190.72M | 121.60M | 191.52M |
| Total Assets | 9.61B | 9.42B | 9.38B | 9.48B | 9.15B | 9.02B | 8.87B | 8.92B | 8.73B | 8.71B | 8.66B | 8.56B |
| Total Debt | 5.00B | 4.85B | 4.82B | 4.87B | 4.64B | 4.49B | 4.37B | 4.37B | 4.38B | 4.35B | 4.36B | 4.23B |
| Cash & Equiv | 4.22M | 4.57M | 5.05M | 157.92M | 5.97M | 5.10M | 8.73M | 173.53M | 2.13M | 1.13M | 1.19M | 77.14M |
| Book Value | 4.46B | 4.40B | 4.41B | 4.42B | 4.36B | 4.36B | 4.36B | 4.37B | 4.19B | 4.17B | 4.16B | 4.16B |
| Return on Equity | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 | 0.03 |
NNN News
Identifying Fortress Picks To Survive Any Storm
How Much Does a 68-Year-Old Need Invested to Collect $6,800 a Month Without Selling a Single Share?
A $500,000 Roth Portfolio Loaded With These Dividend Stocks Pays $34,350 a Year and the IRS Gets None of It
NNN REIT: The New Realty Income
NNN REIT: A 6% Yield For Long-Term Investors
Can a 55-Year-Old Still Build a Roth IRA That Pays $3,950 a Month Tax-Free for Life?
An $800,000 Portfolio Pays Nearly $3,800 a Month. How Much Would Taxes Take?
What Does It Take to Collect $6,300 a Month for Life After 74?
Forget Realty Income: These 4 High-Yield REITs Are Better Buys Today
Trick Or Treat, I'm Buying These Investment-Grade REITs