Nnn Reit (NNN) Net Margin (2009 - 2026)
Nnn Reit's Net Margin came in at 40.09% for Q2 2026, down 4.24 percentage points from 44.32% a year earlier but up 1.01 percentage points from the prior quarter.
Powered by 
Analysis
Nnn Reit (NNN) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nnn Reit reported Net Margin of 40.35%, down 3.55 percentage points year-over-year; for FY2025, it came in at 42.08%, down 3.57 percentage points from FY2024.
- Net Margin carries a five-year change of +10.17 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 45.65% in FY2024 (-1.73 pp), 47.38% in FY2023 (+4.09 pp), 43.29% in FY2022 (+7.01 pp) and 36.28% in FY2021 (+4.36 pp).
- The five-year range for quarterly Net Margin is 34.41% (Q4 2021) to 52.06% (Q3 2023).
- Year-over-year, Net Margin has declined for six consecutive quarters, with an average year-over-year change of -3.54 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in Q1 2022 (a gain of 13.78 percentage points), and the weakest in Q3 2024 (a drop of 7.26 percentage points).
- Business Quant data shows NNN's Net Margin at 39.08% (Q1 2026), 40.25% (Q4 2025) and 42.07% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 12.55% |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 43.74% |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 170.16% |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 22.22% |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 36.52% |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 4.08% |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 30.14% |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 49.74% |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Nnn Reit | 7.89 Bn | 7.89 Bn | - | 40.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.09% |
| 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 | 44.71% |
| 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% |
API Access
Nnn Reit Net 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=net-margin&ticker=NNN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=NNN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();