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NTSTNETSTREIT Corp.
$19.20$1.9B
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  3. Financial Ratios
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NETSTREIT Corp. (NTST) Quarterly Financial Ratios

Last 27 quarters of trend data · Real Estate · REIT - Retail

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

NETSTREIT Corp.'s quarterly P/E stands at 78.5x, down 59.0% year-over-year — suggesting improving earnings relative to price. EV/EBITDA has expanded 6.4% YoY to 18.0x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
P/E Ratio →234.1578.46288.24627.08105.81191.43———325.71160.5262.52—
—-59.0%———-41.2%———+78.2%+75.1%-57.9%—
P/S Ratio10.498.667.778.647.787.646.658.488.109.819.097.769.30
—+13.3%+16.8%+1.8%-4.0%-22.1%-26.8%+9.3%-12.9%+2.3%-4.3%-19.0%-10.1%
P/B Ratio1.111.231.051.181.060.990.810.950.901.080.980.860.91
—+24.6%+29.9%+24.4%+17.4%-8.2%-17.4%+10.5%-0.7%+9.9%+1.5%-4.9%-10.8%
P/FCF17.38—13.2513.8311.4014.749.6512.7711.6829.4110.9015.4813.94
——+37.3%+8.3%-2.3%-49.9%-11.4%-17.5%-16.2%+61.8%-51.7%+7.3%-16.2%
EV / EBITDA21.2818.0517.4318.3716.5516.9615.4817.5417.4520.5018.8316.5619.11
—+6.4%+12.6%+4.7%-5.2%-17.3%-17.8%+6.0%-8.7%+1.8%-7.2%-15.2%-14.5%
EV / EBIT54.6740.8544.4553.4139.0345.61128.31149.4978.9665.1355.6730.8588.60
—-10.4%-65.4%-64.3%-50.6%-30.0%+130.5%+384.6%-10.9%-14.4%-8.1%-59.2%-7.4%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

NETSTREIT Corp.'s operating margin was 34.2% in Q1 2026, up 3.2 pp QoQ and up 6.1 pp YoY. The trailing four-quarter average of 31.8% lags the current quarter, suggesting the recent improvement is above-trend.

Margins

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Gross Margin90.0%90.3%89.0%90.9%90.6%89.3%88.8%89.1%89.9%89.1%86.1%-5.1%89.2%
—+1.0%+0.3%+2.1%+0.8%+0.3%+3.2%+1860.4%+0.7%+1.9%-2.6%-105.5%-0.1%
Operating Margin30.4%34.2%31.0%31.7%30.5%28.0%27.9%23.7%24.8%22.5%22.1%26.3%17.3%
—+21.8%+11.2%+34.0%+23.0%+24.9%+25.9%-10.1%+43.5%+34.7%+36.0%+63.9%+15.9%
Net Margin3.8%10.6%2.7%1.4%7.3%4.0%-13.3%-14.0%-6.3%3.0%5.7%12.3%-2.7%
—+165.8%+120.3%+109.9%+216.3%+32.7%-334.4%-213.5%-132.2%-42.9%-45.4%+110.2%-130.3%

Return on Capital

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
ROE0.5%0.4%0.1%0.0%0.2%0.1%-0.4%-0.4%-0.2%0.1%0.2%0.3%-0.1%
—+200.9%+123.8%+111.8%+240.1%+55.1%-359.1%-214.7%-157.4%-39.9%-42.4%+136.9%-130.7%
ROA0.3%0.2%0.1%0.0%0.1%0.1%-0.2%-0.2%-0.1%0.1%0.1%0.2%-0.0%
—+181.9%+121.4%+110.5%+228.2%+41.4%-338.3%-205.9%-136.9%-42.3%-43.7%+136.6%-130.3%
ROIC1.7%0.5%0.5%0.5%0.5%0.4%0.4%0.3%0.3%0.3%0.3%0.4%0.2%
—+29.7%+18.1%+43.4%+35.7%+32.0%+27.5%-15.9%+46.7%+35.4%+38.8%+83.9%+15.7%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

NETSTREIT Corp.'s Debt/EBITDA ratio is 28.9x — elevated, raising questions about debt serviceability. The current ratio has weakened 72.7% YoY to 0.52x, tightening the short-term liquidity position.

MetricTTMQ1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23
Debt / Equity0.770.820.770.860.720.720.670.600.570.580.500.490.43
—+14.3%+15.6%+43.3%+25.5%+24.0%+32.9%+22.3%+33.2%+23.7%+0.4%+10.5%-11.9%
Debt / EBITDA7.9328.9029.7031.5327.0928.6628.2127.5027.4028.9225.9424.1424.83
—+0.9%+5.3%+14.7%-1.1%-0.9%+8.8%+13.9%+10.3%+10.9%-10.3%-7.1%-15.9%
Current Ratio7.060.527.069.421.651.920.871.432.012.442.022.671.42
—-72.7%+707.6%+556.9%-17.7%-21.2%-56.8%-46.2%+41.2%+118.7%+63.3%+7.2%+194.9%
Quick Ratio7.060.527.069.421.651.920.871.432.012.442.022.671.42
—-72.7%+707.6%+556.9%-17.7%-21.2%-56.8%-46.2%+41.2%+118.7%+63.3%+7.2%+194.9%
Interest Coverage1.151.431.101.051.281.160.410.390.731.151.312.790.85
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Includes 30+ ratios · 27 years · Updated daily

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NTST — Frequently Asked Questions

Quick answers to the most common questions about buying NTST stock.

What is NETSTREIT Corp.'s quarterly P/E ratio trend?

NETSTREIT Corp.'s current P/E is 234.1x. The average P/E over the last 4 quarters is 274.9x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do NETSTREIT Corp.'s margins change by quarter?

NETSTREIT Corp.'s current operating margin is 30.4%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at NTST quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking NETSTREIT Corp.'s business trajectory between earnings reports.