NNN REIT, INC.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $926.2M | $869.3M | $828.1M | $773.1M | $726.4M |
| Operating expenses | $384.9M | $333.7M | $320.5M | $308.0M | $300.4M |
| Operating income | $589.5M | $577.9M | $555.1M | $482.5M | $449.1M |
| Interest expense | $204.0M | $184.0M | $163.9M | $148.1M | $137.9M |
| Net income | $389.8M | $396.8M | $392.3M | $334.6M | $290.1M |
| Balance Sheet | |||||
| Cash and equivalents | $5.0M | $8.7M | $1.2M | $2.5M | $171.3M |
| Total assets | $9.4B | $8.9B | $8.7B | $8.1B | $7.8B |
| Total liabilities | $5.0B | $4.5B | $4.5B | $4.0B | $3.8B |
| Stockholders' equity | $4.4B | $4.4B | $4.2B | $4.1B | $3.9B |
| Cash Flow Statement | |||||
| Cash from operations | $667.1M | $635.5M | $612.4M | $578.4M | $568.4M |
| Depreciation and amortization | $268.4M | $249.7M | $238.6M | $223.8M | $205.2M |
| Stock-based compensation | $14.2M | $11.8M | $12.2M | $15.4M | $14.3M |
| Dividends paid | $443.2M | $420.2M | $404.5M | $380.5M | $367.3M |
Shares outstanding 190.2M · Free float 94.8%
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.