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| Date | Value |
|---|---|
| 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% |