NetSTREIT Corp. (NTST)

From the record

NetSTREIT Corp.'s filings since 2020 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

NetSTREIT Corp.'s 6 filed years say what it did: revenue went from $34 million in fiscal 2020 to $195 million in fiscal 2025, up 42% a year; it rose in 5 of 5 years; it never fell from a peak; net income was positive in 5 of 6 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, NetSTREIT Corp.'s diluted share count grew about 18.6% a year, and dividends and buybacks returned about 67% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 1 sale and 4 purchases of their own stock on the open market in the year to 2026-09-30, buying about $155 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, NetSTREIT Corp. earned about 0 cents of profit for every dollar of shareholders' money. Leverage: it owed about 45 cents per dollar of assets, and net share issuance: its share count grew 10.0% over the year (the filed statements).

From the record

NetSTREIT Corp.'s standing among 157 graded names in its industry family: revenue of $195 million in fiscal 2025 ranks in the bottom 26% by size; a net margin of 3.6% ranks in the bottom 34%; revenue growth of 26.5% a year over the last 3 filed years ranks in the top 5% (its annual reports).

From the record

NetSTREIT Corp.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Manheimer, Mark (President, CEO and Secretary, as filed), filing under that title since 2020-08-12, 6.3 years (bottom 44% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 6.2 years (bottom 27%); 3 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (top 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

NetSTREIT Corp.'s room to grow, from the newest filed statements (fiscal 2025): cash of $14 million against debt of $1.1 billion leaves -41.4% of its assets as net cash, bottom 35% of its family; cash from operations less capital spending is 56.2% of revenue (top 18%) (its annual report).

From the record

NetSTREIT Corp.'s growth drivers, from the filed years to fiscal 2025: revenue grew 26.5% a year over the last three filed years against 42% over all 6, slowing (bottom 10% of its family); the newest year grew 19.8% (top 9%) (its annual reports). NetSTREIT Corp. 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

NetSTREIT Corp.'s newest year against its own record: revenue of $195 million in fiscal 2025 came in 7.9% below the $212 million its prior three years' pace pointed to (bottom 29% of its family); net income of $7 million against a prior three-year average of $1 million (top 3%); a net margin of 3.6% against 2.1% before (top 46%) (its annual reports).