Company Analysis

Nnn Reit, Inc. (NNN)

NYSE: NNN · Real Estate Investment Trusts · Orlando, FL · filing with the SEC since 1995
Grade5.8
◀ Past 6.5● Present 5.4▶ Future 5.9

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 11, 2026Feb 11, 2025Feb 8, 2024Feb 9, 2023Feb 9, 2022Feb 11, 2021Feb 11, 2020Feb 12, 2019Feb 13, 2018Feb 13, 2017
Revenue926,213869,266828,111773,053726,407660,681670,487622,661584,933533,647
For lenders
Interest and dividend income1,8331,7982,0211,4352,5481,8881,4781,2621,338r2,709r
Interest and investment income4,2462,9801,1341492164173,1121,810322170
General and administrative46,92344,28743,74641,69544,64038,16137,65134,24833,80536,508
Total operating expenses384,947333,684320,492307,959300,405302,430286,431r262,969247,430224,578
Operating income589,486577,872555,104482,537449,096374,489416,519r424,762374,158r336,251r
Interest expense203,955184,017163,898148,065137,874129,431120,023115,847109,10996,352
Other income (expense), net-199,709-181,037-162,764-147,916-158,986-145,693-116,911r-132,277-108,787-96,745
Income before income taxes········228,716212,324
Income tax expense·····00000
Income from continuing operations·········212,324
Income from discontinued operations·········0
Net income including non-controlling interests389,777396,835392,340334,621290,110228,796299,608292,485265,371239,506
Net income389,777396,835392,340334,626290,113228,799299,180292,447264,973239,500
Net income to common shareholders389,777396,835392,340334,626264,217210,859258,183258,120217,193200,877
Earnings per share, basic2.072.162.161.891.511.221.561.651.451.39
Earnings per share, diluted2.072.152.161.891.511.221.561.651.451.38
Weighted average shares, basic187,611,451183,688,562181,200,040176,403,656174,710,921172,109,713164,688,498155,744,601149,111,188144,176,224
Weighted average shares, diluted187,986,798184,043,841181,689,723177,067,865174,818,899172,217,077165,083,679156,295,619149,432,641144,660,633
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Interest and dividend income what its loans and securities earnedus-gaap:InterestIncomeOperating
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeNet
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton NNN · research, not advice