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.

Revenue
+8.48%
EPS
+13.0%
Free cash flow
+232.6%
Total debt
+2.53%

Quarter to September 2026, against a year earlier

41.35 0.28 −0.67%
Market cap
$8.0B
P/E
19.6×
Fwd P/E
19.9×
Dividend yield
5.90%
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 5 November 2026, NNN REIT, Inc. (NNN) trades at a P/E ratio of 19.6×. Over the past ten years it has ranged from 16.2× (October 2023) to 42.7× (June 2021); the current reading is higher than 13% of that period. That is below the Reit Retail industry median of 24.1× and below the Real Estate sector median of 23.6×.

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
Sep 2026 19.5× (14.47%)
Jun 2026 22.8× 11.79%
Mar 2026 20.4× 7.09%
Dec 2025 19.1× (6.46%)
43 more quarters

Against its own ten years

Low 16.2× High 42.7×
Ten-year median 27.5×
Current reading's percentile 14

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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