15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $926M | $390M | 0.0% | 63.6% | 8.8% | 4.2% | — | — | $5M |
| 2024 | $869M | $397M | 0.0% | 66.5% | 9.1% | 4.5% | — | — | $9M |
| 2023 | $828M | $392M | 0.0% | 67.0% | 9.4% | 4.5% | — | — | $1M |
| 2022 | $773M | $335M | 0.0% | 62.4% | 8.1% | 4.1% | — | — | $3M |
| 2021 | $726M | $290M | 0.0% | 61.8% | 7.4% | 3.7% | — | — | $171M |
| 2020 | $661M | $229M | 0.0% | 56.7% | 5.3% | 3.0% | — | — | $267M |
| 2019 | $670M | $299M | 0.0% | 62.1% | 6.9% | 4.0% | — | — | $1M |
| 2018 | $623M | $292M | 0.0% | 68.2% | 7.0% | 4.1% | — | — | $114M |
| 2017 | $585M | $265M | 0.0% | 64.0% | 6.9% | 4.0% | — | — | $1M |
| 2016 | $534M | $240M | 0.0% | 63.0% | 6.1% | 3.8% | — | — | $295M |
| 2015 | $483M | $198M | 0.0% | 59.8% | 5.9% | 3.6% | — | — | $14M |
| 2014 | $435M | $191M | 0.0% | 61.2% | 6.2% | 3.9% | — | — | $11M |
| 2013 | $394M | $160M | 0.0% | 61.0% | 5.8% | 3.6% | — | — | $1M |
| 2012 | $333M | $142M | 0.0% | 61.1% | 6.2% | 3.6% | — | — | $2M |
| 2011 | $259M | $92M | 0.0% | 61.4% | 4.6% | 2.7% | — | — | $2M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $244M | $98M | 0.0% | 62.0% | 2.2% | 1.0% | — | — | $4M |
| Dec '25 | $238M | $96M | 0.0% | 62.3% | 2.2% | 1.0% | — | — | $5M |
| Sep '25 | $230M | $97M | 0.0% | 64.0% | 2.2% | 1.0% | — | — | $158M |
| Jun '25 | $227M | $101M | 0.0% | 66.0% | 2.3% | 1.1% | — | — | $6M |
| Mar '25 | $231M | $96M | 0.0% | 62.3% | 2.2% | 1.1% | — | — | $5M |
| Dec '24 | $218M | $98M | 0.0% | 65.8% | 2.2% | 1.1% | — | — | $9M |
| Sep '24 | $219M | $98M | 0.0% | 65.7% | 2.2% | 1.1% | — | — | $174M |
| Jun '24 | $217M | $107M | 0.0% | 70.2% | 2.5% | 1.2% | — | — | $2M |
| Mar '24 | $215M | $94M | 0.0% | 64.2% | 2.3% | 1.1% | — | — | $1M |
| Dec '23 | $216M | $97M | 0.0% | 64.6% | 2.3% | 1.1% | — | — | $1M |
| Sep '23 | $205M | $107M | 0.0% | 72.0% | 2.6% | 1.2% | — | — | $77M |
| Jun '23 | $203M | $99M | 0.0% | 68.5% | 2.4% | 1.2% | — | — | $2M |
| Mar '23 | $204M | $90M | 0.0% | 63.2% | 2.2% | 1.1% | — | — | $3M |
| Dec '22 | $199M | $91M | 0.0% | 64.6% | 2.2% | 1.1% | — | — | $3M |
| Sep '22 | $193M | $88M | 0.0% | 64.8% | 2.2% | 1.1% | — | — | $3M |
| Jun '22 | $191M | $74M | 0.0% | 58.1% | 1.9% | 1.0% | — | — | $3M |
| Mar '22 | $190M | $81M | 0.0% | 62.0% | 2.1% | 1.0% | — | — | $54M |
| Dec '21 | $187M | $78M | 0.0% | 61.0% | 2.0% | 1.0% | — | — | $171M |
| Sep '21 | $180M | $83M | 0.0% | 64.5% | 1.9% | 1.0% | — | — | $544M |
| Jun '21 | $179M | $73M | 0.0% | 59.3% | 1.7% | 1.0% | — | — | $250M |
How the market has priced NNN against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Nnn Reit, Inc.'s revenue has grown 7.0% per year, and net income grown 11.2% per year. These are computed facts, not advice.
As of FY2025, Nnn Reit, Inc. reported — of total debt against $5M of cash; operating income covered interest expense 2.9×.
In FY2025, gross margin was —, operating margin 63.6%, and net margin 42.1%.
As of Sep '26, Nnn Reit, Inc. traded at a price-to-earnings ratio of about 22.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.