NNN
NNN REIT, Inc.
NYSE · Real Estate · REIT - Retail · US
$44.77
−0.92%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 953.2M | 926.2M | 869.3M | 828.1M | 773.1M |
| Cost of Revenue | 173.7M | 574.3M | 32.3M | 28.4M | 26.3M |
| Gross Profit | 779.6M | 352.0M | 836.9M | 799.7M | 746.8M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | 0.43 |
| SG&A Expense | 50.9M | 46.9M | 45.1M | 47.5M | 49.5M |
| General & Admin Expense | 50.9M | 46.9M | 45.1M | 47.5M | 49.5M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 137.3M | (264.8M) | 214.0M | 197.1M | 214.7M |
| Total Operating Expenses | 188.2M | (217.9M) | 259.1M | 244.6M | 264.2M |
| Cost and Expenses | 361.8M | 356.3M | 291.4M | 273.0M | 290.5M |
| Operating Income (EBIT) | 591.3M | 569.9M | 577.9M | 555.1M | 482.5M |
| Non-Operating | |||||
| Interest Income | 261.0K | 424.0K | 3.0M | 1.1M | 149.0K |
| Interest Expense | 212.4M | 202.3M | 184.0M | 163.9M | 148.1M |
| Net Interest Income | (212.1M) | (201.8M) | (181.0M) | (162.8M) | (147.9M) |
| Other Non-Op Income/Expense | (206.7M) | (180.1M) | (181.0M) | (162.8M) | (147.9M) |
| Non-Operating Income (excl Interest) | (6.1M) | (22.2M) | (3.0M) | (1.1M) | (149.0K) |
| EBT (Pre-Tax Income) | 384.7M | 389.8M | 396.8M | 392.3M | 334.6M |
| Income Tax Expense | — | — | — | — | — |
| Bottom Line | |||||
| Net Income | 384.7M | 389.8M | 396.8M | 392.3M | 334.6M |
| Earnings from Cont. Ops | 384.7M | 389.8M | 396.8M | 392.3M | 334.6M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 384.5M | 389.8M | 396.1M | 391.7M | 334.1M |
| Per Share | |||||
| Basic EPS | $2.04 | $2.07 | $2.16 | $2.16 | $1.89 |
| Diluted EPS | $2.04 | $2.07 | $2.15 | $2.16 | $1.89 |
| Revenue Per Share | $5.04 | $4.94 | $4.73 | $4.57 | $4.42 |
| Shares | |||||
| Basic Shares Outstanding | 189.1M | 187.6M | 183.7M | 181.2M | 174.7M |
| Diluted Shares Outstanding | 189.6M | 188.0M | 184.0M | 181.7M | 174.7M |
| Profitability Metrics | |||||
| EBITDA | 874.4M | 860.5M | 830.5M | 794.9M | 706.5M |
| D&A | 277.4M | 268.4M | 249.7M | 238.6M | 223.8M |
| EBIT | 597.1M | 592.0M | 580.9M | 556.2M | 482.7M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026