NNN REIT, Inc. (NNN) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

NNN REIT, Inc. (NNN) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

NNN Income Statement

NNN REIT, Inc. (NNN) annual income statement — 30-year revenue, gross profit & net income history

Metric	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21

Revenue	249.68M	244.27M	240.42M	238.4M	230.16M	226.8M	230.85M	218.48M	218.56M	216.81M	215.41M	216.23M	205.13M	202.64M	204.11M	198.52M	193.47M	190.78M	190.28M	187.26M
Revenue Growth %	8.48%	7.7%	4.15%	9.12%	5.31%	4.61%	7.17%	1.04%	6.55%	6.99%	5.54%	8.92%	6.03%	6.21%	7.27%	6.01%	7.27%	6.58%	5.84%	14.68%
Property Operating Expenses	8.24M	8.27M	9.8M	146.48M	9.13M	8.84M	9.38M	11.14M	7.26M	6.76M	7.15M	8.24M	6.46M	6.84M	6.85M	7.04M	5.88M	6.17M	7.2M	7.52M
Net Operating Income (NOI)	241.44M	236M	230.63M	91.92M	221.03M	217.96M	221.48M	207.34M	211.3M	210.06M	208.25M	207.99M	198.67M	195.8M	197.26M	191.49M	187.6M	184.61M	183.08M	179.74M
NOI Margin %	96.7%	96.62%	95.92%	38.56%	96.03%	96.1%	95.94%	94.9%	96.68%	96.88%	96.68%	96.19%	96.85%	96.63%	96.65%	96.46%	96.96%	96.76%	96.22%	95.98%
Operating Expenses	76.48M	85.29M	85.48M	-56.37M	73.75M	68.17M	77.63M	63.61M	67.75M	57.79M	69.93M	68.31M	51.01M	57.08M	68.24M	63.19M	62.25M	73.76M	65.04M	65.54M
G&A Expenses	13.59M	14.06M	14.11M	11.64M	11.06M	11.29M	15.31M	8.77M	11.39M	11.81M	12.93M	13.18M	10.47M	11.1M	12.75M	11.56M	10.78M	12.47M	14.72M	10M
EBITDA	239.11M	221.36M	215.94M	216.78M	214.53M	218.15M	208.47M	206.93M	206.92M	214.77M	198.94M	199.77M	207.19M	198.6M	188.17M	185.62M	181.74M	168.3M	170.72M	167.59M
EBITDA Margin %	95.77%	90.62%	89.82%	90.93%	93.21%	96.18%	90.3%	94.71%	94.67%	99.06%	92.35%	92.39%	101%	98.01%	92.19%	93.5%	93.94%	88.21%	89.72%	89.49%
Depreciation & Amortization	74.16M	71.03M	70.8M	68.22M	67.25M	68.35M	64.62M	63.19M	63.37M	62.5M	60.62M	60.08M	59.52M	59.88M	59.15M	57.32M	56.39M	57.44M	52.68M	53.39M
D&A / Revenue %	29.7%	29.08%	29.45%	28.62%	29.22%	30.14%	27.99%	28.92%	28.99%	28.83%	28.14%	27.78%	29.02%	29.55%	28.98%	28.87%	29.15%	30.11%	27.69%	28.51%
Operating Income	164.96M	150.34M	145.14M	148.56M	147.28M	149.8M	143.85M	143.73M	143.55M	152.27M	138.32M	139.69M	147.67M	138.72M	129.03M	128.3M	125.35M	110.85M	118.04M	114.2M
Operating Margin %	66.07%	61.55%	60.37%	62.32%	63.99%	66.05%	62.31%	65.79%	65.68%	70.23%	64.21%	64.6%	71.99%	68.46%	63.21%	64.63%	64.79%	58.1%	62.03%	60.98%
Interest Expense	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Interest Coverage	2.99x	2.83x	2.78x	2.80x	2.83x	3.04x	3.02x	3.09x	3.11x	3.29x	3.14x	3.23x	3.57x	3.46x	3.32x	3.41x	3.39x	3.02x	3.22x	3.11x
Non-Operating Income	-115K	-994K	-1.53M	-681K	-2.94M	-15K	-329K	-1.04M	-845K	-976K	-119K	-383K	-644K	-74K	-33K	-29K	-33K	-52K	-35K	-57K
Pretax Income	109.93M	97.92M	93.95M	95.95M	96.84M	100.53M	96.46M	97.89M	97.9M	106.67M	94.37M	96.68M	106.79M	98.7M	90.17M	90.66M	88.42M	74.17M	81.37M	77.57M
Pretax Margin %	44.03%	40.09%	39.08%	40.25%	42.07%	44.32%	41.78%	44.81%	44.79%	49.2%	43.81%	44.71%	52.06%	48.71%	44.18%	45.67%	45.7%	38.87%	42.77%	41.42%
Income Tax	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Effective Tax Rate %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Net Income	109.93M	97.92M	93.95M	95.95M	96.84M	100.53M	96.46M	97.89M	97.9M	106.67M	94.37M	96.68M	106.79M	98.7M	90.17M	90.66M	88.42M	74.17M	81.37M	77.57M
Net Margin %	44.03%	40.09%	39.08%	40.25%	42.07%	44.32%	41.78%	44.81%	44.79%	49.2%	43.81%	44.71%	52.06%	48.71%	44.18%	45.67%	45.7%	38.88%	42.76%	41.42%
Net Income Growth %	13.52%	-2.59%	-2.6%	-1.98%	-1.09%	-5.75%	2.21%	1.25%	-8.32%	8.07%	4.66%	6.64%	20.77%	33.08%	10.81%	16.88%	6.62%	1.57%	43.8%	26.57%
Funds From Operations (FFO)	184.09M	168.95M	164.75M	164.17M	164.09M	168.88M	161.07M	161.09M	161.27M	169.17M	154.99M	156.76M	166.31M	158.58M	149.31M	147.98M	144.81M	131.62M	134.05M	130.96M
FFO Margin %	73.73%	69.17%	68.52%	68.86%	71.29%	74.46%	69.77%	73.73%	73.79%	78.03%	71.95%	72.5%	81.07%	78.26%	73.15%	74.54%	74.85%	68.99%	70.45%	69.93%
FFO Growth %	12.18%	0.04%	2.28%	1.91%	1.75%	-0.17%	3.93%	2.76%	-3.03%	6.68%	3.8%	5.93%	14.85%	20.49%	11.39%	13%	8.14%	6.23%	25.79%	18.64%
FFO per Share	0.96	0.89	0.87	0.87	0.87	0.90	0.86	0.86	0.87	0.93	0.85	0.86	0.92	0.87	0.82	0.82	0.82	0.75	0.77	0.75
FFO Payout Ratio %	64.35%	67.25%	68.89%	69.13%	68.75%	64.29%	67.26%	67.24%	65.77%	60.98%	66.25%	65.49%	61.72%	62.9%	66.57%	66.16%	66.99%	70.57%	69.19%	70.82%
EPS (Diluted)	0.57	0.52	0.50	0.51	0.51	0.54	0.51	0.52	0.53	0.58	0.52	0.53	0.59	0.54	0.50	0.50	0.50	0.42	0.46	0.37
EPS Growth %	11.76%	-3.7%	-1.96%	-1.92%	-3.77%	-6.9%	-1.92%	-1.99%	-10.17%	7.41%	4%	6.11%	18%	28.57%	8.7%	35.14%	11.11%	7.69%	53.33%	14.09%
EPS (Basic)	0.58	0.52	0.50	0.51	0.51	0.54	0.52	0.52	0.53	0.58	0.52	0.53	0.59	0.54	0.50	0.51	0.50	0.42	0.46	0.37
Diluted Shares Outstanding	191.34M	189.62M	189.46M	189.24M	188.33M	187.07M	187.08M	186.83M	184.56M	182.81M	182.21M	181.93M	181.72M	181.63M	181.43M	179.47M	177.37M	175.11M	174.91M	174.87M