State Ledger
Company profile

NNN REIT, INC. CIK 751364

Ticker
NNN (NYSE)
Industry
Real Estate Investment Trusts
Headquarters
Orlando, FL 32801
Fiscal year end
2025 (FY)
Market Data
Close
$40.58
Change
+$0.35
Change %
0.87%
Volume
134,475

NNN · trading date Oct 12, 2026 · previous close $40.23 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$926.21M
Net income
$389.78M
Total assets
$9.38B
Total liabilities
$4.97B
Stockholders' equity
$4.41B
Cash & equivalents
$5.05M
Operating income
$589.49M
Operating cash flow
$667.13M
Capital expenditures
—

Fiscal year 2025, via 10-K filed 2026-02-11. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
63.6%
Net margin
42.1%
Free cash flow
—
Free cash flow margin
—
Liabilities / assets
53.0%
Equity / assets
47.0%
CapEx / revenue
—
Operating cash flow / net income
1.71×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $926.21M $389.78M $9.38B $4.97B $4.41B
2024 $869.27M $396.84M $8.87B $4.51B $4.36B
2023 $828.11M $392.34M $8.66B $4.50B $4.16B
2022 $773.05M $334.63M $8.15B $4.02B $4.12B
2021 $726.41M $290.11M $7.75B $3.85B $3.90B
Company Details
SIC code
6798
State of incorporation
MD
Active filer
Yes
Most recent SEC filing
Form 8-K
2026-08-17
Financials filed via
Form 10-K
filed 2026-02-11

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Orlando, FL 32801
450 S ORANGE AVE
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:24 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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