KPIs & Operating Metrics(New)

Nnn Reit (NNN) Net Margin (2016 - 2025)

Nnn Reit's Net Margin history spans 17 years, with the latest figure at 40.25% for Q4 2025.

  • For Q4 2025, Net Margin fell 456.0% year-over-year to 40.25%; the TTM value through Dec 2025 reached 42.08%, down 357.0%, while the annual FY2025 figure was 42.08%, 349.0% down from the prior year.
  • Net Margin reached 40.25% in Q4 2025 per NNN's latest filing, down from 42.07% 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 28.98% in Q1 2021.
  • Average Net Margin over 5 years is 42.93%, with a median of 43.99% recorded in 2023.
  • Peak YoY movement for Net Margin: surged 1378bps in 2022, then tumbled -726bps in 2024.
  • A 5-year view of Net Margin shows it stood at 34.41% in 2021, then soared by 32bps to 45.41% in 2022, then dropped by -2bps to 44.71% in 2023, then grew by 0bps to 44.81% in 2024, then dropped by -10bps to 40.25% in 2025.
  • Per Business Quant, the three most recent readings for NNN's Net Margin are 40.25% (Q4 2025), 42.07% (Q3 2025), and 44.32% (Q2 2025).