Nnn Reit, Inc. (NNN)

From the record

Nnn Reit, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Nnn Reit, Inc.'s 10 filed years say what it did: revenue went from $534 million in fiscal 2016 to $926 million in fiscal 2025, up 6.3% a year; it rose in 8 of 9 years; the deepest fall was 1% from fiscal 2019 to fiscal 2020; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Nnn Reit, Inc.'s diluted share count grew about 2.0% a year, and dividends and buybacks returned about 66% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 3 sales and 0 purchases of their own stock on the open market in the year to 2026-11-02 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Nnn Reit, Inc. earned about 9 cents of profit for every dollar of shareholders' money. Leverage: it owed about 53 cents per dollar of assets, and net share issuance: its share count grew 2.1% over the year (the filed statements).

From the record

Nnn Reit, Inc.'s standing among 157 graded names in its industry family: revenue of $926 million in fiscal 2025 ranks in the top 40% by size; a net margin of 42.1% ranks in the top 13%; revenue growth of 6.2% a year over the last 3 filed years ranks in the top 45% (its annual reports).

From the record

Nnn Reit, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Horn, Stephen A Jr (President & CEO, as filed), filing under that title since 2023-02-16, 3.7 years (bottom 29% of its family); the 15 officers and directors filing in the last fifteen months have been on the record a median of 4.8 years (bottom 14%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 15 people in charge now (bottom 42%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Nnn Reit, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $5 million against no long-term debt tagged leaves 0.1% of its assets as net cash, top 37% of its family; cash from operations less capital spending is 72% of revenue (top 6%) (its annual report).

From the record

Nnn Reit, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 6.2% a year over the last three filed years against 6.3% over all 10, slowing (top 41% of its family); the newest year grew 6.6% (top 34%) (its annual reports). Nnn Reit, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Nnn Reit, Inc.'s newest year against its own record: revenue of $926 million in fiscal 2025 came in 0.5% above the $922 million its prior three years' pace pointed to (top 38% of its family); net income of $390 million against a prior three-year average of $375 million (bottom 46%); a net margin of 42.1% against 45.4% before (bottom 35%) (its annual reports).