Nnn Reit (NNN) FCF Margin (2009 - 2026)
Nnn Reit's FCF Margin was 57.95% in Q2 2026, up 5.29 percentage points from 52.65% a year earlier but down 19.84 percentage points from the prior quarter.
Nnn Reit (NNN) FCF Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nnn Reit's FCF Margin was 70.60% through Jun 30, 2026, down 1.71 percentage points year-over-year; for FY2025, it came in at 72.03%, down 1.08 percentage points from FY2024.
- FCF Margin has now declined for four consecutive years, though with a five-year change of +3.89 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 73.11% in FY2024 (-0.84 pp), 73.95% in FY2023 (-0.86 pp), 74.81% in FY2022 (-3.44 pp) and 78.25% in FY2021 (+10.11 pp).
- Quarterly FCF Margin has moved between 52.65% (Q2 2025) and 98.19% (Q3 2022) over five years.
- Compared with a year earlier, FCF Margin was higher in three of the last eight quarters, with an average year-over-year change of -1.28 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q2 2026 (a gain of 5.29 percentage points); the worst was Q1 2026 (a drop of 10.26 percentage points).
- Per Business Quant data, NNN's FCF Margin in the three quarters before Q2 2026 was 77.79% (Q1 2026), 52.92% (Q4 2025) and 94.83% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 19.31% |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 52.96% |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 70.29% |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 65.90% |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 26.29% |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 63.45% |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 66.74% |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Nnn Reit | 7.89 Bn | 7.89 Bn | - | 57.95% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 57.95% |
| Mar 31, 2026 | 77.79% |
| Dec 31, 2025 | 52.92% |
| Sep 30, 2025 | 94.83% |
| Jun 30, 2025 | 52.65% |
| Mar 31, 2025 | 88.06% |
| Dec 31, 2024 | 53.86% |
| Sep 30, 2024 | 94.54% |
| Jun 30, 2024 | 55.57% |
| Mar 31, 2024 | 88.54% |
| Dec 31, 2023 | 56.23% |
| Sep 30, 2023 | 93.36% |
| Jun 30, 2023 | 58.46% |
| Mar 31, 2023 | 88.59% |
| Dec 31, 2022 | 56.96% |
| Sep 30, 2022 | 98.19% |
| Jun 30, 2022 | 58.17% |
| Mar 31, 2022 | 86.37% |
| Dec 31, 2021 | 61.56% |
| Sep 30, 2021 | 95.58% |
Nnn Reit FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=NNN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "NNN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=NNN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();