Nnn Reit (NNN) Interest Coverage Ratio (2009 - 2026)
Nnn Reit's (NNN) Interest Coverage Ratio stood at 2.83 in Q2 2026, down 6.9% from 3.04 a year earlier but up 1.8% from the prior quarter.
Nnn Reit (NNN) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a TTM basis, Nnn Reit's Interest Coverage Ratio came in at 2.79 as of Jun 30, 2026, down 8.7% year-over-year; for FY2025, it was 2.89, down 8.0% from FY2024.
- Across earlier years, Interest Coverage Ratio came in at 3.14 in FY2024 (-7.3%), 3.39 in FY2023 (+3.9%), 3.26 in FY2022 (+0.1%) and 3.26 in FY2021 (+12.6%).
- Quarterly Interest Coverage Ratio has ranged from 2.76 in Q3 2025 to 3.56 in Q3 2023 over the past five years.
- On a year-over-year basis, Interest Coverage Ratio has declined for 11 consecutive quarters, with an average decline of 8.0% over the last eight quarters.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 26.1% in Q3 2021, against a decline of 13.2% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.78 (Q1 2026), 2.77 (Q4 2025) and 2.76 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | - |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 4.53 |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 3.27 |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 2.27 |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 5.50 |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 1.34 |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 3.50 |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 2.46 |
| 10 | Nnn Reit | 7.89 Bn | 7.89 Bn | - | 2.83 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.83 |
| Mar 31, 2026 | 2.78 |
| Dec 31, 2025 | 2.77 |
| Sep 30, 2025 | 2.76 |
| Jun 30, 2025 | 3.04 |
| Mar 31, 2025 | 3.01 |
| Dec 31, 2024 | 3.07 |
| Sep 30, 2024 | 3.09 |
| Jun 30, 2024 | 3.27 |
| Mar 31, 2024 | 3.14 |
| Dec 31, 2023 | 3.22 |
| Sep 30, 2023 | 3.56 |
| Jun 30, 2023 | 3.46 |
| Mar 31, 2023 | 3.32 |
| Dec 31, 2022 | 3.41 |
| Sep 30, 2022 | 3.39 |
| Jun 30, 2022 | 3.02 |
| Mar 31, 2022 | 3.22 |
| Dec 31, 2021 | 3.11 |
| Sep 30, 2021 | 3.47 |
Nnn Reit Interest Coverage Ratio 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=interest-coverage-ratio&ticker=NNN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=NNN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();