Nnn Reit (NNN) Net Margin (2009 - 2026)

Nnn Reit (NNN) reported Net Margin of 39.08% for Q1 2026, down 271.0% on a YoY basis from 22.85% in Q1 2025, and down 2.91% quarter-over-quarter from 40.25% in Q4 2025.

Nnn Reit (NNN) Net Margin (2009 - 2026) Analysis & Trends

Nnn Reit has reported Net Margin for 18 years, with the latest figure at 39.08% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 271.0% year-over-year to 39.08%; the trailing twelve-month figure through Mar 2026 stood at 41.38% (down 371.0% YoY), and the FY2025 full-year result was 42.08%, down 349.0% from the prior year.
  • Net Margin for Q1 2026 stood at 39.08%, down from 40.25% in the prior quarter.
  • The five-year high for Net Margin was 52.06% in Q3 2023, with the low at 38.88% in Q2 2022.
  • Historically, Net Margin has averaged 44.26% across 5 years, with a median of 44.32% in 2025.
  • Annual changes were most pronounced in 2022 — Net Margin jumped 1378 bps — and 2024, when it plunged 726 bps.
  • Nnn Reit's Net Margin stood at 45.67% in 2022, then slipped by 3 bps to 44.43% in 2023, then climbed by 1 bps to 44.81% in 2024, then decreased by 10 bps to 40.25% in 2025, then fell by 3 bps to 39.08% in 2026.
  • The last three Net Margin figures came in at 39.08% (Q1 2026), 40.25% (Q4 2025), and 42.07% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Simon Property 69.18 Bn 69.56 Bn 1.76 Bn 170.16%
2 Realty Income 55.47 Bn 56.16 Bn - 20.13%
3 Kimco Realty 17.00 Bn 17.03 Bn 447.43 Mn 26.48%
4 Regency Centers 14.85 Bn 14.97 Bn - 30.97%
5 Federal Realty Investment Trust 10.68 Bn 10.75 Bn 265.49 Mn 38.01%
6 Agree Realty 8.92 Bn 8.90 Bn - 29.99%
7 Nnn Reit 8.68 Bn 8.68 Bn - 39.08%
8 Essential Properties Realty Trust 6.37 Bn 6.38 Bn - 37.75%
9 Macerich 6.30 Bn 6.10 Bn 158.29 Mn -66.34%
10 Kite Realty Group Trust 6.26 Bn 6.38 Bn - 88.57%

Historic Data

Download Data
DateValue
Mar 31, 2026 39.08%
Dec 31, 2025 40.25%
Sep 30, 2025 42.07%
Jun 30, 2025 44.32%
Mar 31, 2025 41.78%
Dec 31, 2024 44.81%
Sep 30, 2024 44.79%
Jun 30, 2024 49.20%
Mar 31, 2024 43.81%
Dec 31, 2023 44.43%
Sep 30, 2023 52.06%
Jun 30, 2023 48.71%
Mar 31, 2023 44.18%
Dec 31, 2022 45.67%
Sep 30, 2022 45.70%
Jun 30, 2022 38.88%
Mar 31, 2022 42.76%
Dec 31, 2021 34.41%
Sep 30, 2021 43.50%
Jun 30, 2021 38.29%