NNN REIT, INC.
NNN · XNYSCIK 751364fmd_1XNP1KFGBA2FG5GX833B3MJW6JFinance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate
Coverage: Jan 01, 2008 to Sep 30, 2026, 70 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Rental revenue | – | – | – | 650 | 639 | 704 | 752 | 805 | 847 | 902 |
| Total revenues | 534 | 585 | 623 | 670 | 661 | 726 | 773 | 828 | 869 | 926 |
| Property operating expenses | 21 | 23 | 25 | – | – | – | – | – | – | – |
| Depreciation and amortization | 149 | 174 | 174 | 189 | 197 | 205 | 224 | 239 | 250 | 268 |
| Gain on sale of real estate | 27 | 37 | 65 | 32 | 16 | 23 | 17 | 47 | 42 | 48 |
| Impairment of real estate | 8 | 5 | 28 | 32 | 37 | 22 | 8 | 6 | 7 | 29 |
| Total operating expenses | 225 | 247 | 263 | 286 | 302 | 300 | 308 | 320 | 334 | 385 |
| Funds from operations (NAREIT definition, derived) | 369 | 407 | 430 | 488 | 447 | 494 | 549 | 589 | 611 | 639 |
| Operating income | 336 | 374 | 425 | 417 | 374 | 449 | 483 | 555 | 578 | 589 |
| Interest expense | 96 | 109 | 116 | 120 | 129 | 138 | 148 | 164 | 184 | 204 |
| Other non-operating income (expense) | (97) | (109) | (132) | (117) | (146) | (159) | (148) | (163) | (181) | (200) |
| Income before taxes | 212 | 229 | – | – | – | – | – | – | – | – |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | – | – | – | – | – |
| Net income from continuing operations | 212 | 229 | – | – | – | – | – | – | – | – |
| Net income | 240 | 265 | 292 | 299 | 229 | 290 | 335 | 392 | 397 | 390 |
| Net income to common shareholders | 201 | 217 | 258 | 258 | 211 | 264 | 335 | 392 | 397 | 390 |