Nnn Reit (NNN) Operating Income (2009 - 2026)
Nnn Reit's Operating Income came in at $164.96 million for Q3 2026, up 12.0% from $147.28 million a year earlier and up 9.0% from the prior quarter.
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Analysis
Nnn Reit (NNN) Operating Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Nnn Reit reported Operating Income of $611.54 million, up 4.6% year-over-year; for FY2025, it was $589.49 million, up 2.0% from FY2024.
- Operating Income has increased in each of the last five years, with a five-year compound annual growth rate of 9.5% (FY2020 to FY2025).
- Going back by year, Operating Income was $577.87 million in FY2024 (+4.1%), $555.1 million in FY2023 (+15.0%), $482.54 million in FY2022 (+7.4%) and $449.1 million in FY2021 (+19.9%).
- The Q3 2026 figure represents the highest quarterly Operating Income in data going back to Q1 2009.
- Year-over-year, Operating Income has increased for five consecutive quarters, with growth averaging 3.3% over the last eight quarters.
- The fastest year-over-year change in Operating Income over five years came in Q2 2023 (growth of 25.1%), and the weakest in Q3 2024 (a decline of 2.8%).
- Business Quant data shows NNN's Operating Income at $151.38 million (Q2 2026), $146.65 million (Q1 2026) and $148.56 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | 530.61 Mn |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 1.04 Bn |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 804.45 Mn |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 316.96 Mn |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | - |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | 723.47 Mn |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 94.33 Mn |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | - |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 391.87 Mn |
| 10 | Nnn Reit | 7.98 Bn | 7.97 Bn | - | 164.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 164.96 Mn |
| Jun 30, 2026 | 151.38 Mn |
| Mar 31, 2026 | 146.65 Mn |
| Dec 31, 2025 | 148.56 Mn |
| Sep 30, 2025 | 147.28 Mn |
| Jun 30, 2025 | 149.80 Mn |
| Mar 31, 2025 | 143.85 Mn |
| Dec 31, 2024 | 143.73 Mn |
| Sep 30, 2024 | 143.55 Mn |
| Jun 30, 2024 | 152.27 Mn |
| Mar 31, 2024 | 138.32 Mn |
| Dec 31, 2023 | 139.69 Mn |
| Sep 30, 2023 | 147.67 Mn |
| Jun 30, 2023 | 138.72 Mn |
| Mar 31, 2023 | 129.03 Mn |
| Dec 31, 2022 | 128.30 Mn |
| Sep 30, 2022 | 125.35 Mn |
| Jun 30, 2022 | 110.85 Mn |
| Mar 31, 2022 | 118.04 Mn |
| Dec 31, 2021 | 114.20 Mn |
API Access
Nnn Reit Operating Income 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=operating-income&ticker=NNN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=NNN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();