NNN - NYSE

NNN REIT, Inc.

NNN·NYSE

$43.74

-0.72%

Real EstateREIT - Retail

National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of September 30, 2020, the company owned 3,114 properties in 48 states with a gross leasable area of approximately 32.4 million square feet and with a weighted average remaining lease term of 10.7 years.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$8.32B

EPS2.0700

P/E Ratio21.13

Earnings Date08/04/2026

9.38B

Assets

3Y+15.0%

5Y+23.0%

10Y+48.0%

4.97B

Total Liabilities

10%

3Y+24.0%

5Y+50.0%

10Y+106.0%

4.41B

Total Equity

3Y+7.0%

5Y+2.0%

10Y+13.0%

NNN REIT, Inc. Funding & Solvency Profile

NNN · NYSE

Current Assets

Cash & Cash Equivalents5.05M

Net Receivables38.38M

Inventory0.00

Other Current Assets30.62M

Total Current Assets74 M

Non-Current Assets

Property, Plant & Equipment0.00

Goodwill & Intangible Assets37.31M

Long-Term Investments9.24B

Other Non-Current Assets28.09M

Total Non-Current Assets9 B

Total Assets

9.38B

Financial Health Analysis

Current Ratio

0.19x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

1.13x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

-314608000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

1% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Negative working capital with limited cash reserves requires immediate attention—potential liquidity crisis if not addressed promptly.

NNN REIT, Inc. Balance Sheet

NNN • NYSE

NNN REIT, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	5M	8.7M	1.2M	2.5M	171.3M	267.2M	1.1M	114.3M	1.4M	294.5M	14.3M	10.6M	1.5M	2.1M	2.1M	2M	15.2M	2.6M	27.5M	1.7M
Short-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	36K	11.1M	11.6M	11.7M	13.1M	0.0	0.0	0.0	0.0	4.1M	0.0
Cash & Short-Term Investments	5M	8.7M	1.2M	2.5M	171.3M	267.2M	1.1M	114.3M	1.4M	294.6M	25.4M	22.2M	13.2M	15.2M	2.1M	2M	15.2M	2.6M	31.6M	1.7M
Net Receivables	38.4M	37M	38.3M	31.4M	35.1M	58.3M	31.8M	29.2M	30.2M	28.5M	43.4M	45.6M	46M	51.8M	33.4M	3.4M	1.9M	3.6M	66M	30.9M
Accounts Receivables	3.5M	3M	3.6M	3.6M	3.2M	4.3M	2.9M	3.8M	4.3M	3.4M	3.3M	3M	4.1M	3.1M	2.8M	3.4M	1.9M	3.6M	0.0	0.0
Other Receivables	34.9M	34M	34.6M	27.8M	31.9M	54M	28.9M	25.4M	25.9M	25.1M	25.5M	25.7M	0.0	25.5M	25.2M	0.0	0.0	0.0	66M	30.9M
Inventory	0.0	0.0	0.0	0.0	0.0	0.0	0.0	13.6M	4.1M	23.9M	32.7M	5.4M	15.3M	29M	-25.2M	32.1M	72.4M	101.1M	248.6M	228.2M
Prepaids	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.4M	14.3M	32.9M	0.0	0.0
Other Current Assets	30.6M	9.6M	11.8M	10.4M	13M	7.6M	12.7M	26M	34.8M	28.8M	62.1M	38.1M	22.2M	30.3M	47.8M	25.5M	25.7M	24M	0.0	0.0
Total Current Assets	74M	55.3M	51.2M	44.3M	219.4M	333.1M	45.6M	161.1M	41.1M	350.9M	99.6M	83.8M	87.5M	113.3M	41.4M	63.1M	115.3M	131.3M	342.1M	260.8M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	6.8B	6.4B	5.9B	5.2B	4.7B	4.3B	3.8B	3.2B	2.5B	2.4B	2.4B	2.1B	1.7B
Intangible Assets	37.3M	44.3M	40.7M	61.7M	67.5M	69.5M	76.4M	50M	50.9M	64.9M	72.2M	77.5M	70.3M	44.6M	0.0	0.0	0.0	0.0	0.0	0.0
Goodwill & Intangible Assets	37.3M	44.3M	40.7M	61.7M	67.5M	69.5M	76.4M	50M	50.9M	64.9M	72.2M	77.5M	70.3M	44.6M	0.0	0.0	0.0	0.0	0.0	0.0
Long-Term Investments	9.2B	0.0	0.0	0.0	0.0	0.0	0.0	-7.1B	-6.6B	-6.3B	0.0	0.0	0.0	0.0	4.4M	4.5M	4.7M	4.9M	70.1M	30.9M
Tax Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	7.1B	6.6B	6.3B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	28.1M	8.8B	8.6B	8B	7.5B	7.2B	7.3B	46.8M	65M	39.3M	56.8M	80.4M	37.4M	36.1M	164.6M	126M	109.8M	124M	-2.2B	-1.8B
Total Non-Current Assets	9.3B	8.8B	8.6B	8.1B	7.5B	7.3B	7.4B	6.9B	6.5B	6B	5.4B	4.8B	4.4B	3.9B	3.4B	2.7B	2.5B	2.5B	4.1M	1.8B
Other Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2.2B	-116.5M
Total Assets	9.4B	8.9B	8.7B	8.1B	7.8B	7.6B	7.4B	7.1B	6.6B	6.3B	5.5B	4.9B	4.5B	4B	3.4B	2.7B	2.6B	2.6B	2.5B	1.9B
LIABILITIES
CURRENT LIABILITIES
Total Payables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	185.3M	25.3M	26.3M	27.5M	57.6M
Accounts Payable	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	185.3M	25.3M	26.3M	27.5M	57.6M
Accrued Expenses	40.6M	29.7M	34.4M	23.8M	23.9M	19.4M	18.3M	19.5M	20.3M	19.7M	20.1M	17.4M	17.1M	17.5M	15.1M	7.3M	7.5M	7.6M	11.2M	12.3M
Short Term Debt	348.1M	0.0	132M	166.2M	0.0	0.0	133.6M	0.0	0.0	0.0	0.0	0.0	0.0	237.6M	65.6M	948.4M	962.1M	1B	718.3M	0.0
Tax Payables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.7M	6.3M
Other Current Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-81M	0.0	0.0	0.0	0.0	-755.3M	-69.9M
Total Current Liabilities	388.7M	29.7M	166.4M	190M	23.9M	19.4M	151.9M	19.5M	140.8M	19.7M	20.1M	17.4M	63.5M	174.2M	1.3B	1.1B	994.8M	1.1B	72.2M	69.6M
NON-CURRENT LIABILITIES
Long Term Debt	4.5B	4.4B	4.2B	3.7B	3.7B	3.2B	2.9B	2.9B	2.6B	2.3B	2B	1.7B	1.4B	1.3B	1.3B	0.0	0.0	0.0	184.5M	0.0
Deferred Revenue (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2.9B	2.7B	2.4B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-26M
Deferred Tax Liabilities (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	16.3M	18.4M	22.1M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.7M	6.3M
Other Non-Current Liabilities	110.1M	107M	109.6M	82.7M	79M	78.2M	96.6M	77.9M	-856K	85.9M	121.6M	85.2M	192.6M	166.9M	-1.2B	43.8M	29.3M	45.5M	-127.5M	786.8M
Total Non-Current Liabilities	4.6B	4.5B	4.3B	3.8B	3.8B	3.3B	3B	2.9B	2.6B	2.4B	2.1B	1.8B	1.6B	1.5B	91.4M	43.8M	29.3M	45.5M	1.1B	750.7M
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-4.6M	-2.2M
Capital Lease Obligations	0.0	0.0	0.0	0.0	0.0	0.0	0.0	16.3M	18.4M	22.1M	25.8M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	26M
Total Liabilities	5B	4.5B	4.5B	4B	3.8B	3.3B	3.1B	2.9B	2.7B	2.4B	2.1B	1.8B	1.7B	1.7B	1.4B	1.2B	1B	1.1B	1.1B	818.1M
SHAREHOLDERS' EQUITY
Preferred Stock	0.0	0.0	0.0	0.0	0.0	345M	345M	632.5M	632.5M	920M	575M	575M	575M	287.5M	92M	92M	92M	92M	92M	136.5M
Common Stock	1.9M	1.9M	1.8M	1.8M	1.8M	1.8M	1.7M	1.6M	1.5M	1.5M	1.4M	1.3M	1.2M	1.1M	1M	838K	825K	784K	725K	598K
Additional Paid-In Capital	5.3B	5.2B	5B	4.9B	4.7B	4.6B	4.5B	4B	3.6B	3.3B	3B	2.7B	2.4B	2.1B	2B	1.4B	1.4B	1.3B	1.2B	873.9M
Retained Earnings	-882.7M	-829.3M	-805.9M	-793.8M	-747.9M	-644.8M	-499.2M	-424.2M	-379.2M	-319.3M	-263.1M	-196.8M	-147.8M	-91M	-44.9M	3.2M	62.4M	143.8M	137.6M	80.3M
Accumulated Other Comprehensive Income/Loss	-6.3M	-8M	-10.1M	-12.6M	-15M	-16.4M	-11.1M	-5.7M	-13.7M	-8.2M	-20.4M	-8.7M	-4.5M	-2.4M	-3.8M	1.7M	511K	3.3M	1.6M	5.2M
Total Stockholders' Equity	4.4B	4.4B	4.2B	4.1B	3.9B	4.3B	4.3B	4.2B	3.8B	3.9B	3.3B	3.1B	2.8B	2.3B	2B	1.5B	1.6B	1.5B	1.4B	1.1B
Total Equity	4.4B	4.4B	4.2B	4.1B	3.9B	4.3B	4.3B	4.2B	3.8B	3.9B	3.3B	3.1B	2.8B	2.3B	2B	1.5B	1.6B	1.5B	1.4B	1.1B
Minority Interest	0.0	0.0	0.0	0.0	1K	4K	7K	355K	317K	129K	259K	577K	1.2M	1.3M	1.4M	1.3M	2.6M	1.2M	2.3M	1.1M
SUMMARY
Total Liabilities & Equity	9.4B	8.9B	8.7B	8.1B	7.8B	7.6B	7.4B	7.1B	6.6B	6.3B	5.5B	4.9B	4.5B	4B	3.4B	2.7B	2.6B	2.6B	2.5B	1.9B
Total Investments	9.2B	0.0	0.0	0.0	0.0	0.0	0.0	-7.1B	-6.6B	36K	11.1M	11.6M	11.7M	13.1M	4.4M	4.5M	4.7M	4.9M	74.2M	30.9M
Total Debt	4.8B	4.4B	4.4B	3.9B	3.7B	3.2B	3B	2.9B	2.6B	2.3B	2B	1.7B	1.6B	1.6B	1.3B	948.4M	962.1M	1B	902.8M	776.7M
Net Debt	4.8B	4.4B	4.4B	3.9B	3.6B	3B	3B	2.7B	2.6B	2B	2B	1.7B	1.6B	1.6B	1.2B	946.4M	946.8M	1B	875.3M	775.1M
Shares Outstanding	189,920,815	189,920,815	189,920,815	189,920,815	189,920,815	189,920,815	189,920,815	189,920,815	189,920,815	189,920,815	189,920,815	189,920,815	189,920,815	189,920,815	189,920,815	189,920,815	189,920,815	189,920,815	189,920,815	189,920,815

SEC Filings

NNN - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 12, 2026	May 12, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	April 30, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 30, 2026	April 30, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	March 23, 2026	May 12, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 19, 2026	February 18, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 11, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 11, 2026	February 11, 2026	2026	View Filing
8-K 8-K 2025 N/A	December 17, 2025	December 17, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	November 04, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 04, 2025	November 04, 2025	2025	View Filing

Showing 1 to 10 of 448 filings

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