NNN Reit, Inc. is a real estate investment trust that invests primarily in restaurant properties that are subject to long-term triple net leases, usually under leaseback arrangements. It is organized in Maryland with its principal office in Orlando, Florida.
| trading_symbol | registrant_name | time | price | change | percentage_change | 
|---|---|---|---|---|---|
| NNN | NNN REIT, INC. | 2025-10-30 18:59:57 | 41.1 | 0.26 | 0.64 | 
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time | 
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NNN | 0000751364 | NNN REIT, INC. | US6374171063 | — | 561431377 | NYSE | 6798 | Real Estate Investment Trusts | 1231 | MD | 450 S ORANGE AVE | ORLANDO | FL | 32801 | UNITED STATES | US | 407-265-7348 | 450 SOUTH ORANGE AVE, ORLANDO, FL, 32801 | 450 S ORANGE AVE, ORLANDO, FL, 32801 | NATIONAL RETAIL PROPERTIES, INC. | Real estate investment trust | 1984 | Julian E. Whitehurst | 70 | http://www.nnnreit.com | 7,741,963,000 | 188,206,484 | 188,781,890 | NNN Reit, Inc. is a real estate investment trust that invests primarily in restaurant properties that are subject to long-term triple net leases, usually under leaseback arrangements. It is organized in Maryland with its principal office in Orlando, Florida. | 2025-10-30 13:05:43 | 
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding | 
|---|---|---|---|---|---|---|
| 2024 | 7,741,963,000 | 5,664,000 | 0.0732 | 187,553,140 | 5,078,265 | 2.783 | 
| 2023 | 7,736,299,000 | -7,527,226,701,000 | -99.8973 | 182,474,875 | 1,013,448 | 0.5585 | 
| 2022 | 7,534,963,000,000 | 7,526,786,490,000 | 92,053.7795 | 181,461,427 | 5,826,413 | 3.3173 | 
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation | 
|---|---|---|---|---|---|---|---|---|
| Gina M. Steffens | Secretary, Executive Vice President, General Counsel | 2024 | 425,000 | 0 | 667,182 | 510,000 | 15,326 | 1,617,508 | 
| Jonathan A. Adamo | Executive Vice President | 2024 | 375,000 | 0 | 588,692 | 478,125 | 103,797 | 1,545,614 | 
| Stephen A. Horn, Jr. | Chief Executive Officer, President | 2024 | 925,000 | 0 | 5,808,642 | 1,665,000 | 19,856 | 8,418,498 | 
| Kevin B. Habicht | Chief Financial Officer, Secretary, Treasurer, Executive Vice President | 2024 | 675,000 | 0 | 2,331,297 | 931,500 | 22,730 | 3,960,527 | 
| Michelle L. Miller | Executive Vice President | 2024 | 350,000 | 0 | 549,446 | 420,000 | 19,511 | 1,338,957 | 
| Fiscal Year | Employee Count | 
|---|---|
| 2013 | 62 | 
| 2012 | 60 | 
| 2011 | 59 | 
| Fiscal Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Revenue | 869,266,000 | 828,111,000 | 773,053,000 | 
| Cost Of Revenue | — | — | — | 
| Gross Profit | — | — | — | 
| Research And Development Expenses | — | — | — | 
| General And Administrative Expenses | 44,287,000 | 43,746,000 | 41,695,000 | 
| Operating Expenses | 333,684,000 | 320,492,000 | 307,959,000 | 
| Operating Income | 577,872,000 | 555,104,000 | 482,537,000 | 
| Net Income | 396,835,000 | 392,340,000 | 334,626,000 | 
| Earnings Per Share Basic | 2.16 | 2.16 | 1.89 | 
| Earnings Per Share Diluted | 2.15 | 2.16 | 1.89 | 
| Weighted Average Shares Outstanding Basic | 183,688,562 | 181,200,040 | 176,403,656 | 
| Weighted Average Shares Outstanding Diluted | 184,043,841 | 181,689,723 | 177,067,865 | 
| Fiscal Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Cash And Cash Equivalents | 8,731,000 | 1,189,000 | 2,505,000 | 
| Marketable Securities Current | — | — | — | 
| Accounts Receivable | 2,975,000 | 3,649,000 | 3,612,000 | 
| Inventories | — | — | — | 
| Non Trade Receivables | — | — | — | 
| Other Assets Current | — | — | — | 
| Total Assets Current | — | — | — | 
| Marketable Securities Non Current | — | — | — | 
| Property Plant And Equipment | — | — | — | 
| Other Assets Non Current | — | — | — | 
| Total Assets Non Current | — | — | — | 
| Total Assets | 8,872,728,000 | 8,661,968,000 | 8,146,045,000 | 
| Accounts Payable | — | — | — | 
| Deferred Revenue | — | — | — | 
| Short Term Debt | 0 | 132,000,000 | 166,200,000 | 
| Other Liabilities Current | — | — | — | 
| Total Liabilities Current | — | — | — | 
| Long Term Debt | — | — | 9,964,000 | 
| Other Liabilities Non Current | — | — | — | 
| Total Liabilities Non Current | — | — | — | 
| Total Liabilities | 4,510,453,000 | 4,504,511,000 | 4,022,543,000 | 
| Common Stock | 1,877,000 | 1,826,000 | 1,815,000 | 
| Retained Earnings | -829,287,000 | -805,883,000 | -793,765,000 | 
| Accumulated Other Comprehensive Income | -7,959,000 | -10,111,000 | -12,582,000 | 
| Total Shareholders Equity | 4,362,275,000 | 4,157,457,000 | 4,123,502,000 | 
| Fiscal Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Depreciation And Amortization | 249,681,000 | 238,625,000 | 223,834,000 | 
| Share Based Compensation Expense | — | — | — | 
| Other Non Cash Income Expense | — | — | — | 
| Change In Accounts Receivable | -674,000 | 853,000 | -358,000 | 
| Change In Inventories | 7,458,000 | — | — | 
| Change In Non Trade Receivables | — | — | — | 
| Change In Other Assets | 190,000 | -243,000 | -424,000 | 
| Change In Accounts Payable | — | — | — | 
| Change In Other Liabilities | 6,581,000 | -1,550,000 | -1,217,000 | 
| Cash From Operating Activities | 635,504,000 | 612,410,000 | 578,355,000 | 
| Purchases Of Marketable Securities | — | — | — | 
| Sales Of Marketable Securities | — | — | — | 
| Acquisition Of Property Plant And Equipment | — | — | — | 
| Acquisition Of Business | — | — | — | 
| Other Investing Activities | 1,895,000 | 1,762,000 | 2,242,000 | 
| Cash From Investing Activities | -424,336,000 | -680,660,000 | -777,631,000 | 
| Tax Withholding For Share Based Compensation | — | — | — | 
| Payments Of Dividends | — | 1,000 | 377,773,000 | 
| Issuance Of Common Stock | 217,581,000 | 32,328,000 | 253,972,000 | 
| Repurchase Of Common Stock | — | — | — | 
| Issuance Of Long Term Debt | 545,500,000 | 872,500,000 | 688,000,000 | 
| Repayment Of Long Term Debt | — | — | — | 
| Other Financing Activities | — | — | — | 
| Cash From Financing Activities | -207,261,000 | 66,627,000 | 34,732,000 | 
| Change In Cash | 3,907,000 | -1,623,000 | -164,544,000 | 
| Cash At End Of Period | 8,731,000 | 1,189,000 | 2,505,000 | 
| Income Taxes Paid | — | — | — | 
| Interest Paid | 183,426,000 | 148,169,000 | 140,331,000 | 
| Fiscal Year | 2024 | 2023 | 2022 | 
|---|---|---|---|
| Earnings Per Share | 2.16 | 2.16 | 1.89 | 
| Price To Earnings Ratio | 18.912 | 19.9537 | 24.2116 | 
| Earnings Growth Rate | 0 | 14.2857 | 25.1656 | 
| Price Earnings To Growth Ratio | — | 1.3968 | 0.9621 | 
| Book Value Per Share | 23.7482 | 22.944 | 23.3754 | 
| Price To Book Ratio | 1.7201 | 1.8785 | 1.9576 | 
| Ebitda | 830,533,000 | 794,863,000 | 706,525,000 | 
| Enterprise Value | — | — | 8,245,890,298.56 | 
| Dividend Yield | — | 0.0 | 0.0468 | 
| Dividend Payout Ratio | — | 0.0 | 1.1289 | 
| Debt To Equity Ratio | — | — | 0.0427 | 
| Capital Expenditures | — | — | — | 
| Free Cash Flow | — | — | — | 
| Return On Equity | 0.091 | 0.0944 | 0.0812 | 
| One Year Beta | 0.2282 | 0.7206 | 0.5952 | 
| Three Year Beta | 0.5496 | 0.6495 | 0.9879 | 
| Five Year Beta | 0.9119 | 0.9003 | 0.8608 | 
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction | 
|---|---|---|---|---|---|
| Miller Michelle Lynn | EVP,Chief Acctg & Tech Officer | 2025-08-21 | 10,000 | D | 81,750 | 
| Lewis Joshua Phillip | EVP, CIO | 2025-08-01 | 10,000 | A | 55,650 | 
| Beall Pamela K.M. | Director | 2025-07-31 | 861 | A | 33,951 | 
| COSLER STEVEN D | Director | 2025-07-31 | 1,492 | A | 63,972 | 
| FICK DAVID M | Director | 2025-07-31 | 1,739 | A | 65,494 | 
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount | 
|---|---|---|---|---|---|---|
| Lisa McClain | 2025-09-12 | MI09 | Sale | 2025-08-13 | Spouse | $1,001 - $15,000 | 
| Lisa McClain | 2025-08-13 | MI09 | Purchase | 2025-06-17 | Spouse | $1,001 - $15,000 | 
| Zoe Lofgren | 2023-06-06 | CA18 | Sale | 2023-05-25 | Spouse | $1,001 - $15,000 | 
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security | 
|---|---|---|---|---|
| Millstone Evans Group, LLC | 2025-09-30 | 43,549 | 1,023 | 42.5699 | 
| Parkside Financial Bank & Trust | 2025-09-30 | 10,643 | 250 | 42.572 | 
| STRS OHIO | 2025-09-30 | 5,796,799 | 136,171 | 42.57 | 
| Chicago Partners Investment Group LLC | 2025-09-30 | 926,452 | 22,276 | 41.5897 | 
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 2025-09-30 | 3,474,433 | 82,255 | 42.2398 | 
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets | 
|---|---|---|---|---|---|---|
| SHELTON FUNDS | 2025-08-31 | K Shares | MIDKX | 6,734 | 288,955.94 | 0.2673 | 
| SHELTON FUNDS | 2025-08-31 | Investor Shares | SPMIX | 6,734 | 288,955.94 | 0.2673 | 
| ETF Series Solutions | 2025-08-31 | U.S. Diversified Real Estate ETF | PPTY | 860 | 36,902.6 | 0.0988 | 
| ETF Series Solutions | 2025-08-31 | Hoya Capital High Dividend Yield ETF | RIET | 31,383 | 1,346,644.53 | 1.4302 | 
| ETF Series Solutions | 2025-08-31 | Colterpoint Net Lease Real Estate ETF | NETL | 77,111 | 3,308,833.01 | 7.8983 |