Nnn Reit (NNN) FCF Payout Ratio (2009 - 2026)
Nnn Reit's (NNN) quarterly FCF Payout Ratio came in at 2.54 in Q1 2026, up 166.07% YoY from 0.95 in Q1 2025, and up 253.04% on a QoQ basis from 1.66 in Q4 2025.
Nnn Reit (NNN) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Nnn Reit (NNN) has 18 years of FCF Payout Ratio data on file, last reported at 2.54 in Q1 2026.
- Quarterly FCF Payout Ratio rose 166.07% year-over-year to 2.54 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.28 (up 78.67% YoY) and the FY2025 annual result came in at 1.64, down 124.47% from the prior year.
- FCF Payout Ratio grew to 2.54 in Q1 2026, from 1.66 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 8.67 in Q2 2024 to a low of 18.8 in Q3 2023.
- A 5-year average of 1.37 and a median of 1.61 in 2025 frame the typical range for FCF Payout Ratio.
- Annual changes were most pronounced in 2022 — FCF Payout Ratio tumbled 727.3% — and 2024, when it jumped 582.75%.
- Tracing NNN's FCF Payout Ratio over 5 years: stood at 2.48 in 2022, then soared by 72.26% to 0.69 in 2023, then tumbled by 51.57% to 1.04 in 2024, then slumped by 59.17% to 1.66 in 2025, then jumped by 253.04% to 2.54 in 2026.
- The last three FCF Payout Ratio figures came in at 2.54 (Q1 2026), 1.66 (Q4 2025), and 1.61 (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 72.55 Bn | 72.55 Bn | 1.76 Bn | -0.32 |
| 2 | Realty Income | 57.92 Bn | 57.92 Bn | - | -1.00 |
| 3 | Kimco Realty | 16.13 Bn | 16.13 Bn | 455.67 Mn | - |
| 4 | Federal Realty Investment Trust | 10.07 Bn | 10.07 Bn | 271.22 Mn | - |
| 5 | Agree Realty | 8.87 Bn | 8.86 Bn | - | -0.30 |
| 6 | Nnn Reit | 8.69 Bn | 8.69 Bn | - | -0.78 |
| 7 | Macerich | 6.69 Bn | 6.69 Bn | 171.77 Mn | -0.30 |
| 8 | Essential Properties Realty Trust | 6.53 Bn | 6.53 Bn | - | -0.53 |
| 9 | Kite Realty Group Trust | 5.30 Bn | 5.30 Bn | - | - |
| 10 | Phillips Edison & Company | 5.02 Bn | 5.02 Bn | - | -0.63 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.78 |
| Mar 31, 2026 | 2.54 |
| Dec 31, 2025 | -1.66 |
| Sep 30, 2025 | -1.61 |
| Jun 30, 2025 | -1.05 |
| Mar 31, 2025 | -3.84 |
| Dec 31, 2024 | -1.04 |
| Sep 30, 2024 | 1.32 |
| Jun 30, 2024 | 8.67 |
| Mar 31, 2024 | 1.38 |
| Dec 31, 2023 | -0.69 |
| Sep 30, 2023 | -18.80 |
| Jun 30, 2023 | -1.80 |
| Mar 31, 2023 | 3.67 |
| Dec 31, 2022 | -2.48 |
| Sep 30, 2022 | -3.37 |
| Jun 30, 2022 | -2.51 |
| Mar 31, 2022 | -2.05 |
| Dec 31, 2021 | -0.85 |
| Sep 30, 2021 | 0.54 |