NNN REIT, Inc.

NNN Real Estate Reit Retail

NNN REIT, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $926.2 million, up 6.55% from fiscal 2024. In the quarter to June 2026, revenue grew 7.70%, EPS fell 3.70%, free cash flow fell 108.7% and total debt rose 7.68%, each against the same quarter a year earlier. Dividend growth for twenty-five consecutive years, revenue growth for five, operating cash flow growth for five.

41.54 0.39 +0.95%
Market cap
$7.9B
P/E
20.4×
Fwd P/E
21.9×
Dividend yield
5.83%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

NNN REIT, Inc. (NNN) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, NNN REIT, Inc. (NNN) trades at a P/E ratio of 20.4×. Over the past ten years it has ranged from 16.2× (October 2023) to 42.7× (June 2021); the current reading is higher than 19% of that period. That is below the Reit Retail industry median of 25.9× and below the Real Estate sector median of 21.6×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 19.1× 0.28%
FY2024 19.0× (5.74%)
FY2023 20.2× (17.22%)
FY2022 24.3× (23.51%)
FY2021 31.8× (5.09%)
FY2020 33.5× (2.42%)
FY2019 34.4× 18.33%
FY2018 29.0× (1.87%)
FY2017 29.6× (6.62%)
FY2016 31.7× (5.02%)

Quarterly newest first

Period P/E ratio Change
Jun 2026 22.8× 11.79%
Mar 2026 20.4× 7.09%
Dec 2025 19.1× (6.46%)
Sep 2025 20.4× (0.47%)
42 more quarters

Against its own ten years

Low 16.2× High 42.7×
Ten-year median 27.6×
Current reading's percentile 21

P/E ratio against peers

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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