NNN REIT Operating Margin 2011-2025 | NNN

Current and historical operating margin for NNN REIT (NNN) over the last 10 years. The current operating profit margin for NNN REIT as of September 30, 2025 is 43.22%.
NNN REIT Operating Margin Historical Data
Date TTM Revenue TTM Operating Income Operating Margin
2025-09-30 $0.91B $0.59B 64.57%
2025-06-30 $0.90B $0.58B 65.03%
2025-03-31 $0.89B $0.58B 65.99%
2024-12-31 $0.87B $0.58B 66.51%
2024-09-30 $0.87B $0.57B 66.21%
2024-06-30 $0.85B $0.58B 67.76%
2024-03-31 $0.84B $0.57B 67.34%
2023-12-31 $0.83B $0.56B 67.15%
2023-09-30 $0.81B $0.54B 67.08%
2023-06-30 $0.80B $0.52B 65.21%
2023-03-31 $0.79B $0.49B 62.64%
2022-12-31 $0.77B $0.48B 62.35%
2022-09-30 $0.76B $0.47B 61.50%
2022-06-30 $0.75B $0.46B 61.36%
2022-03-31 $0.74B $0.45B 61.68%
2021-12-31 $0.73B $0.45B 61.71%
2021-09-30 $0.70B $0.43B 60.83%
2021-06-30 $0.68B $0.40B 58.59%
2021-03-31 $0.67B $0.37B 55.71%
2020-12-31 $0.66B $0.37B 56.58%
2020-09-30 $0.67B $0.39B 57.38%
2020-06-30 $0.68B $0.39B 57.71%
2020-03-31 $0.68B $0.42B 62.02%
2019-12-31 $0.67B $0.42B 62.00%
2019-09-30 $0.66B $0.40B 60.88%
2019-06-30 $0.64B $0.41B 64.23%
2019-03-31 $0.63B $0.40B 63.56%
2018-12-31 $0.62B $0.43B 68.22%
2018-09-30 $0.61B $0.46B 74.43%
2018-06-30 $0.61B $0.43B 71.50%
2018-03-31 $0.60B $0.42B 70.18%
2017-12-31 $0.59B $0.38B 64.10%
2017-09-30 $0.58B $0.37B 63.89%
2017-06-30 $0.56B $0.35B 62.70%
2017-03-31 $0.55B $0.35B 62.96%
2016-12-31 $0.53B $0.34B 62.92%
2016-09-30 $0.52B $0.30B 57.61%
2016-06-30 $0.51B $0.30B 59.96%
2016-03-31 $0.49B $0.30B 60.04%
2015-12-31 $0.48B $0.29B 59.96%
2015-09-30 $0.47B $0.29B 60.51%
2015-06-30 $0.46B $0.28B 60.26%
2015-03-31 $0.45B $0.27B 61.30%
2014-12-31 $0.44B $0.27B 61.15%
2014-09-30 $0.42B $0.26B 60.85%
2014-06-30 $0.42B $0.25B 60.96%
2014-03-31 $0.41B $0.25B 61.23%
2013-12-31 $0.39B $0.24B 61.07%
2013-09-30 $0.38B $0.23B 60.95%
2013-06-30 $0.36B $0.22B 60.77%
2013-03-31 $0.36B $0.21B 58.87%
2012-12-31 $0.35B $0.20B 57.67%
2012-09-30 $0.34B $0.19B 55.56%
2012-06-30 $0.34B $0.18B 53.41%
2012-03-31 $0.32B $0.17B 52.48%
2011-12-31 $0.30B $0.16B 52.48%
2011-09-30 $0.28B $0.14B 50.90%
2011-06-30 $0.27B $0.14B 51.50%
2011-03-31 $0.26B $0.14B 51.33%
2010-12-31 $0.26B $0.13B 50.39%
2010-09-30 $0.26B $0.10B 39.16%
2010-06-30 $0.26B $0.10B 39.69%
2010-03-31 $0.25B $0.11B 42.17%
2009-12-31 $0.24B $0.11B 45.08%
2009-09-30 $0.24B $0.15B 61.51%
2009-06-30 $0.23B $0.15B 64.22%
2009-03-31 $0.23B $0.15B 64.78%
2008-12-31 $0.23B $0.15B 62.77%
2008-09-30 $0.22B $0.14B 62.61%
2008-06-30 $0.21B $0.13B 62.09%
2008-03-31 $0.20B $0.12B 62.00%
2007-12-31 $0.18B $0.12B 64.29%
2007-09-30 $0.18B $0.11B 57.69%
2007-06-30 $0.17B $0.09B 53.80%
2007-03-31 $0.16B $0.08B 50.31%
2006-12-31 $0.17B $0.08B 47.67%
2006-09-30 $0.15B $0.07B 46.10%
2006-06-30 $0.15B $0.07B 47.37%
2006-03-31 $0.15B $0.07B 49.32%
2005-12-31 $0.12B $0.06B 51.22%
2005-09-30 $0.11B $0.06B 52.21%
2005-06-30 $0.11B $0.06B 53.57%
2005-03-31 $0.11B $0.06B 50.00%
2004-12-31 $0.12B $0.06B 48.72%
2004-09-30 $0.12B $0.06B 53.78%
2004-06-30 $0.11B $0.06B 52.63%
2004-03-31 $0.11B $0.06B 55.24%
2003-12-31 $0.10B $0.06B 56.00%
2003-09-30 $0.09B $0.05B 50.00%
2003-06-30 $0.09B $0.05B 52.87%
2003-03-31 $0.09B $0.05B 56.47%
2002-12-31 $0.08B $0.05B 61.45%
2002-09-30 $0.09B $0.06B 74.42%
2002-06-30 $0.08B $0.06B 76.83%
2002-03-31 $0.08B $0.06B 77.22%
2001-12-31 $0.08B $0.06B 77.92%
2001-09-30 $0.08B $0.06B 80.00%
2001-06-30 $0.08B $0.07B 81.48%
2001-03-31 $0.08B $0.07B 81.71%
2000-12-31 $0.08B $0.07B 81.71%
2000-09-30 $0.08B $0.07B 81.48%
2000-06-30 $0.08B $0.06B 80.00%
2000-03-31 $0.08B $0.06B 79.75%
1999-12-31 $0.08B $0.06B 77.92%
1999-09-30 $0.08B $0.06B 77.33%
1999-06-30 $0.07B $0.06B 76.39%
1999-03-31 $0.07B $0.05B 76.47%
1998-12-31 $0.06B $0.05B 78.13%
1998-09-30 $0.06B $0.05B 78.33%
1998-06-30 $0.06B $0.05B 80.70%
1998-03-31 $0.05B $0.05B 83.33%
1997-12-31 $0.05B $0.04B 84.00%
1997-09-30 $0.05B $0.04B 84.78%
1997-06-30 $0.04B $0.04B 85.71%
1997-03-31 $0.04B $0.03B 81.58%
1996-12-31 $0.03B $0.03B 79.41%
1996-09-30 $0.03B $0.02B 80.00%
1996-06-30 $0.03B $0.02B 74.07%
1996-03-31 $0.02B $0.02B 75.00%
1995-12-31 $0.02B $0.02B 76.19%
1995-09-30 $0.02B $0.02B 78.95%
1995-06-30 $0.02B $0.01B 87.50%
1995-03-31 $0.01B $0.01B 92.86%
1994-12-31 $0.01B $0.01B 100.00%
1994-09-30 $0.01B $0.01B 100.00%
1994-06-30 $0.01B $0.01B 100.00%
1994-03-31 $0.01B $0.01B 100.00%
1993-12-31 $0.01B $0.01B 100.00%
1993-06-30 $0.00B $0.00B 100.00%
1993-03-31 $0.00B $0.00B 100.00%
Sector Industry Market Cap Revenue
Finance REIT - Other Equity Trusts $7.728B $0.869B
NNN REIT invests primarily in high-quality retail properties subject generally to long-term, net leases. NNN REIT, formerly known as National Retail Properties Inc., is based in ORLANDO, Fla.
Stock Name Country Market Cap PE Ratio
Welltower (WELL) United States $130.574B 38.43
Prologis (PLD) United States $116.666B 21.40
American Tower (AMT) United States $83.325B 17.03
Digital Realty Trust (DLR) United States $58.358B 23.40
Public Storage (PSA) United States $48.785B 16.43
Crown Castle (CCI) United States $38.992B 17.77
Ventas (VTR) United States $35.733B 22.37
VICI Properties (VICI) United States $32.428B 12.91
Extra Space Storage Inc (EXR) United States $28.267B 16.32
SBA Communications (SBAC) United States $21.197B 15.07
Brookfield Infrastructure Partners LP (BIP) Bermuda $16.324B 10.74
W.P Carey (WPC) United States $14.764B 13.72
SEGRO (SEGXF) United Kingdom $13.238B 0.00
Omega Healthcare Investors (OHI) United States $12.867B 14.28
Lamar Advertising (LAMR) United States $12.789B 15.35
Gaming And Leisure Properties (GLPI) United States $12.721B 11.71
Healthpeak Properties (DOC) United States $12.384B 9.68
Host Hotels & Resorts (HST) United States $12.266B 8.88
BXP (BXP) United States $11.460B 10.52
Rexford Industrial Realty (REXR) United States $9.741B 17.51
Alexandria Real Estate Equities (ARE) United States $9.611B 6.02
EastGroup Properties (EGP) United States $9.480B 20.31
CubeSmart (CUBE) United States $8.560B 14.33
American Healthcare REIT (AHR) United States $8.331B 30.13
CareTrust REIT (CTRE) United States $8.072B 21.26
Lineage (LINE) United States $7.920B 10.33
First Industrial Realty Trust (FR) United States $7.453B 19.34
Stag Industrial (STAG) United States $7.283B 15.60
Vornado Realty Trust (VNO) United States $7.146B 15.70
Healthcare Realty Trust (HR) United States $6.364B 11.24
Terreno Realty (TRNO) United States $6.303B 24.38
Ryman Hospitality Properties (RHP) United States $5.909B 11.42
Kilroy Realty (KRC) United States $5.144B 9.79
Sabra Healthcare REIT (SBRA) United States $4.708B 12.67
Cousins Properties (CUZ) United States $4.394B 9.28
SL Green Realty (SLG) United States $3.725B 8.62
National Health Investors (NHI) United States $3.646B 15.93
OUTFRONT Media (OUT) United States $3.371B 10.57
Americold Realty Trust (COLD) United States $3.346B 8.27
COPT Defense Properties (CDP) United States $3.281B 10.85
Highwoods Properties (HIW) United States $3.226B 8.56
Medical Properties Trust (MPW) United States $3.048B 8.59
Keppel REIT (KREVF) Singapore $3.031B 0.00
Apple Hospitality REIT (APLE) United States $2.761B 7.63
Derwent Valley Holdings Plc (DWVYF) United Kingdom $2.703B 0.00
Four Corners Property Trust (FCPT) United States $2.564B 13.66
National Storage Affiliates Trust (NSA) United States $2.363B 13.59
Park Hotels & Resorts (PK) United States $2.135B 5.80
InvenTrust Properties (IVT) United States $2.135B 15.28
Douglas Emmett (DEI) United States $2.078B 8.33
Smartstop Self Storage REIT Inc (SMA) United States $1.894B 0.00
DiamondRock Hospitality (DRH) United States $1.836B 8.37
CoreCivic (CXW) United States $1.815B 8.87
Sunstone Hotel Investors (SHO) United States $1.795B 11.52
Global Net Lease (GNL) United States $1.785B 7.28
LTC Properties (LTC) United States $1.708B 13.09
Getty Realty (GTY) United States $1.577B 11.38
NETSTREIT (NTST) United States $1.534B 14.12
Paramount (PGRE) United States $1.453B 9.78
Innovative Industrial Properties (IIPR) United States $1.442B 6.79
Xenia Hotels & Resorts (XHR) United States $1.288B 7.99
Pebblebrook Hotel Trust (PEB) United States $1.284B 7.43
Sila Realty Trust (SILA) United States $1.278B 10.68
Empire State Realty Trust (ESRT) United States $1.264B 8.47
Alexander's (ALX) United States $1.184B 16.66
Alexander & Baldwin Holdings (ALEX) United States $1.129B 10.85
JBG SMITH Properties (JBGS) United States $1.106B 32.77
RLJ Lodging Trust (RLJ) United States $1.096B 5.22
Diversified Healthcare Trust (DHC) United States $1.082B 22.35
Piedmont Realty Trust (PDM) United States $1.029B 5.74
Plymouth Industrial REIT (PLYM) United States $0.993B 12.38
Easterly Government Properties (DEA) United States $0.985B 7.23
Hudson Pacific Properties (HPP) United States $0.853B 8.04
Whitestone REIT (WSR) United States $0.681B 12.71
Summit Hotel Properties (INN) United States $0.607B 6.49
Brandywine Realty Trust (BDN) United States $0.589B 5.47
CTO Realty Growth (CTO) United States $0.562B 8.91
Peakstone Realty Trust (PKST) United States $0.550B 6.36
Universal Health Realty Income Trust (UHT) United States $0.539B 11.30
Gladstone Commercial (GOOD) United States $0.530B 7.88
Claros Mortgage Trust (CMTG) United States $0.457B 0.00
One Liberty Properties (OLP) United States $0.445B 10.68
Net Lease Office Properties (NLOP) United States $0.438B 6.91
Global Medical REIT (GMRE) United States $0.434B 7.24
Farmland Partners (FPI) United States $0.418B 28.53
Community Healthcare Trust (CHCT) United States $0.412B 6.69
Postal Realty Trust (PSTL) United States $0.383B 11.71
Industrial Logistics Properties Trust (ILPT) United States $0.368B 6.90
Gladstone Land (LAND) United States $0.350B 100.97
Service Properties Trust (SVC) United States $0.336B 2.53
Chatham Lodging Trust (REIT) (CLDT) United States $0.324B 6.49
City Office REIT (CIO) Canada $0.279B 6.11
FrontView REIT (FVR) United States $0.267B 11.77
Seritage Growth Properties (SRG) United States $0.227B 0.00
Alpine Income Property Trust (PINE) United States $0.218B 8.63
BRAEMAR HOTELS & RESORTS INC (BHR) United States $0.186B 11.33
Orion Office REIT (ONL) United States $0.146B 3.42
Highlands REIT (HHDS) United States $0.064B 8.89
Clipper Realty (CLPR) United States $0.060B 4.89
Global Self Storage (SELF) United States $0.056B 12.15
Sotherly Hotels (SOHO) United States $0.044B 4.90
Ashford Hospitality Trust Inc (AHT) United States $0.027B 0.00
Medalist Diversified REIT (MDRR) United States $0.017B 0.00
Mackenzie Realty Capital (MKZR) United States $0.009B 0.00
Creative Media & Community Trust (CMCT) United States $0.004B 0.00
Granite Real Estate (GRP.U) Canada $0.000B 0.00