Nnn Reit (NNN) Net Margin (2009 - 2026)
Nnn Reit's Net Margin came in at 44.03% for Q3 2026, up 1.95 percentage points from 42.07% a year earlier and up 3.94 percentage points from the prior quarter.
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Analysis
Nnn Reit (NNN) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Nnn Reit reported Net Margin of 40.89%, down 2.33 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 Q3 2026 figure represents the highest quarterly Net Margin since Q2 2025.
- Year-over-year, Net Margin increased in two of the last eight quarters, with an average year-over-year change of -2.38 percentage points.
- 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 40.09% (Q2 2026), 39.08% (Q1 2026) and 40.25% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | 10.67% |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 34.17% |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 27.50% |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 22.86% |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | 24.91% |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | 3.57% |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 6.13% |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | -61.52% |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 27.84% |
| 10 | Nnn Reit | 7.98 Bn | 7.97 Bn | - | 44.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 44.03% |
| 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% |
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();