NNN REIT, Inc.
NNNReal EstateNASDAQREIT - Retail · Last scanned Jul 17, 2026
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Daily timeframeHeadquartered within the real estate sector, NNN REIT, Inc. focuses on REIT - Retail services and products. NNN REIT, Inc. invests in high-quality properties subject generally to long-term, net leases with minimal ongoing capital expenditures. The $9.36B market capitalization puts NNN squarely in mid-cap range for its industry. As of March 31, 2026, the Company owned 3,711 properties in all 50 states, the District of Columbia and Puerto Rico with a gross leasable area of approximately 39.6 million square feet and a weighted average remaining lease term of 10.1 years.
Market Cap
$9.36B
Beta
0.78
P/E (TTM)
24.01
P/E (Fwd)
23.44
EPS (TTM)
$2.05
EPS (Fwd)
$2.10
ROE
8.8%
ROA
3.9%
Cash
$4.6M
Total Debt
$4.85B
Free CF
-$1.39B
52W Change
15.2%
Annual Financials
Cash vs Debt
NNN REIT, Inc. carries $4.85B in total debt against $4.6M in cash reserves — debt is roughly 1062.2x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company is burning cash, with free cash flow at -$1.39B. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at 8.8%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 3.9% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $773.1M to $926.2M.
Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. No single metric tells the full story. Reviewing NNN's risk profile alongside its fundamentals and technical indicators provides a more complete picture.