Nnn Reit (NNN) Net Margin (2009 - 2026)
Nnn Reit's (NNN) quarterly Net Margin came in at 39.08% in Q1 2026, down 271.0% YoY from 22.85% in Q1 2025, and down 19.61% on a QoQ basis from 48.61% in Q4 2025.
Nnn Reit (NNN) Net Margin (2009 - 2026) Analysis & Trends
Nnn Reit (NNN) has 18 years of Net Margin data on file, last reported at 39.08% in Q1 2026.
- Quarterly Net Margin fell 271.0% year-over-year to 39.08% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 43.51% (up 340.0% YoY) and the FY2025 annual result came in at 42.08%, down 357.0% from the prior year.
- Net Margin slipped to 39.08% in Q1 2026, from 48.61% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 52.06% in Q3 2023 to a low of 24.64% in Q4 2024.
- A 5-year average of 43.59% and a median of 44.32% in 2025 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2024 — Net Margin tumbled 2008 bps — and 2025, when it soared 2397 bps.
- Tracing NNN's Net Margin over 5 years: stood at 45.67% in 2022, then declined by 2 bps to 44.71% in 2023, then slumped by 45 bps to 24.64% in 2024, then soared by 97 bps to 48.61% in 2025, then retreated by 20 bps to 39.08% in 2026.
- The last three Net Margin figures came in at 39.08% (Q1 2026), 48.61% (Q4 2025), and 42.07% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Simon Property | 72.47 Bn | 72.47 Bn | 1.76 Bn | 170.16% |
| 2 | Realty Income | 57.84 Bn | 57.84 Bn | - | 22.22% |
| 3 | Kimco Realty | 16.15 Bn | 16.15 Bn | 455.67 Mn | 26.46% |
| 4 | Federal Realty Investment Trust | 10.05 Bn | 10.05 Bn | 271.22 Mn | 24.93% |
| 5 | Agree Realty | 8.87 Bn | 8.86 Bn | - | 25.74% |
| 6 | Nnn Reit | 8.70 Bn | 8.70 Bn | - | 40.09% |
| 7 | Macerich | 6.67 Bn | 6.67 Bn | 171.77 Mn | -86.56% |
| 8 | Essential Properties Realty Trust | 6.53 Bn | 6.53 Bn | - | 46.01% |
| 9 | Kite Realty Group Trust | 5.31 Bn | 5.31 Bn | - | 82.19% |
| 10 | Phillips Edison & Company | 5.02 Bn | 5.02 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 40.09% |
| Mar 31, 2026 | 39.08% |
| Dec 31, 2025 | 48.61% |
| Sep 30, 2025 | 42.07% |
| Jun 30, 2025 | 44.32% |
| Mar 31, 2025 | 41.78% |
| Dec 31, 2024 | 24.64% |
| 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 | 27.08% |
| Sep 30, 2021 | 43.50% |