In Q3 FY2025, NNN REIT reported revenue of $230.2 million, up 5.3% year-over-year. Net income was $96.8 million, a slight decrease of 1.1% from the prior year. Operating income rose 2.6% to $147.3 million, while diluted EPS fell 3.8% to $0.51.
•Revenue increased 5.3% YoY to $230.2 million.
•Net income decreased 1.1% YoY to $96.8 million.
•Operating income grew 2.6% YoY to $147.3 million.
•Diluted EPS declined 3.8% YoY to $0.51.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
NNN REIT, Inc. invests in high-quality properties subject generally to long-term, net leases with minimal ongoing capital expenditures. As of March 31, 2026, the Company owned 3,711 properties in all 50 states, the District of Columbia and Puerto Rico with a gross leasable area of approximately 39.6 million square feet and a weighted average remaining lease term of 10.1 years. NNN REIT, Inc. was incorporated in August 1984 in Maryland and is based in Orlando, United States.
NNN REIT, Inc. is a real estate investment trust that focuses on acquiring and owning high-quality properties subject to long-term, net leases. As of March 31, 2026, the company owned 3,711 properties across all 50 states, the District of Columbia, and Puerto Rico, with a gross leasable area of approximately 39.6 million square feet. The properties are primarily retail spaces, and the net lease structure means tenants are responsible for most operating expenses, including taxes, insurance, and maintenance. This model provides NNN REIT with stable, predictable cash flows with minimal ongoing capital expenditures. The company's portfolio has a weighted average remaining lease term of 10.1 years, indicating long-term tenant commitments.
Where is NNN REIT, Inc. listed and what currency does it trade in?
NNN REIT, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol NNN. The company trades in US Dollars (USD), as it is based in the United States. Being listed on the NYSE provides liquidity and exposure to a broad range of investors. The company's financial reporting is also in USD, aligning with its operations and the currency of its primary market.
What sector and industry does NNN REIT, Inc. belong to?
NNN REIT, Inc. operates in the Real Estate sector, specifically within the REIT - Retail industry. As a real estate investment trust, it is required to distribute at least 90% of its taxable income to shareholders in the form of dividends. The retail focus means its properties are leased to retail tenants, such as convenience stores, restaurants, and other service-oriented businesses. The net lease structure is common in the retail REIT space, as it reduces the landlord's operational responsibilities and provides stable income.
Where is NNN REIT, Inc. headquartered and what markets does it serve?
NNN REIT, Inc. is headquartered in Orlando, Florida, United States. The company was incorporated in Maryland in August 1984. Its properties are located across all 50 states, the District of Columbia, and Puerto Rico, giving it a broad geographic diversification within the United States and its territories. This nationwide presence reduces concentration risk and allows the company to benefit from various regional economic conditions. The properties are primarily retail spaces, serving local communities through tenants that provide everyday goods and services.
How does NNN REIT, Inc. generate revenue?
NNN REIT, Inc. generates revenue primarily through rental income from its portfolio of 3,711 properties, which are subject to long-term net leases. Under these leases, tenants pay a base rent plus most property operating expenses, such as taxes, insurance, and maintenance. This structure minimizes the company's capital expenditure requirements and provides stable, predictable cash flows. As of March 31, 2026, the weighted average remaining lease term was 10.1 years, indicating long-term income visibility. The company's properties are diversified across the United States and Puerto Rico, with a gross leasable area of about 39.6 million square feet, further supporting its revenue stream.