Nnn Reit (NNN) Interest Coverage Ratio (2009 - 2026)
Nnn Reit's (NNN) quarterly Interest Coverage Ratio came in at 2.78 in Q1 2026, down 7.73% YoY from 3.01 in Q1 2025, and down 37.01% on a QoQ basis from 4.42 in Q4 2025.
Nnn Reit (NNN) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Nnn Reit (NNN) has 18 years of Interest Coverage Ratio data on file, last reported at 2.78 in Q1 2026.
- Quarterly Interest Coverage Ratio fell 7.73% year-over-year to 2.78 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.13 (up 24.46% YoY) and the FY2025 annual result came in at 2.89, down 7.96% from the prior year.
- Interest Coverage Ratio declined to 2.78 in Q1 2026, from 4.42 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 5.05 in Q4 2023 to a low of 1.58 in Q4 2024.
- A 5-year average of 3.17 and a median of 3.14 in 2024 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio slumped 68.71% — and 2025, when it surged 179.41%.
- Tracing NNN's Interest Coverage Ratio over 5 years: stood at 1.85 in 2022, then surged by 172.96% to 5.05 in 2023, then tumbled by 68.71% to 1.58 in 2024, then surged by 179.41% to 4.42 in 2025, then tumbled by 37.01% to 2.78 in 2026.
- The last three Interest Coverage Ratio figures came in at 2.78 (Q1 2026), 4.42 (Q4 2025), and 2.76 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 72.52 Bn | 72.52 Bn | 1.76 Bn | 3.27 |
| 2 | Realty Income | 57.64 Bn | 57.64 Bn | - | 1.95 |
| 3 | Kimco Realty | 16.11 Bn | 16.11 Bn | 455.67 Mn | 2.34 |
| 4 | Federal Realty Investment Trust | 10.07 Bn | 10.07 Bn | 271.22 Mn | 2.77 |
| 5 | Agree Realty | 8.83 Bn | 8.82 Bn | - | 1.12 |
| 6 | Nnn Reit | 8.68 Bn | 8.68 Bn | - | 2.83 |
| 7 | Macerich | 6.71 Bn | 6.71 Bn | 171.77 Mn | -0.96 |
| 8 | Essential Properties Realty Trust | 6.52 Bn | 6.52 Bn | - | 3.45 |
| 9 | Kite Realty Group Trust | 5.31 Bn | 5.31 Bn | - | - |
| 10 | Phillips Edison & Company | 5.02 Bn | 5.02 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.83 |
| Mar 31, 2026 | 2.78 |
| Dec 31, 2025 | 4.42 |
| Sep 30, 2025 | 2.76 |
| Jun 30, 2025 | 3.04 |
| Mar 31, 2025 | 3.01 |
| Dec 31, 2024 | 1.58 |
| Sep 30, 2024 | 3.09 |
| Jun 30, 2024 | 3.27 |
| Mar 31, 2024 | 3.14 |
| Dec 31, 2023 | 5.05 |
| Sep 30, 2023 | 3.56 |
| Jun 30, 2023 | 3.46 |
| Mar 31, 2023 | 3.32 |
| Dec 31, 2022 | 1.85 |
| Sep 30, 2022 | 3.39 |
| Jun 30, 2022 | 3.02 |
| Mar 31, 2022 | 3.22 |
| Dec 31, 2021 | 1.80 |
| Sep 30, 2021 | 3.47 |