NNN REIT Inc (NNN) FinancialsNNNNNN REIT Inc

NNN REIT, Inc. (NNN) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Investment Assets, accounting for 100.1% of total sales, equivalent to $68.66M. Another important revenue stream is Inventory Assets. Understanding this composition is critical for investors evaluating how NNN navigates market cycles within the Commercial REITs industry.

Evaluating the bottom line, NNN REIT, Inc. maintains a gross margin of 67.54%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 61.70%, while the net margin is 40.09%. These profitability ratios, combined with a Return on Equity (ROE) of 8.70%, provide a clear picture of how effectively NNN converts its operational activities into shareholder value.

In the context of the broader market, NNN competes directly with industry leaders such as LINE and CDP. With a market capitalization of $7.72B, it holds a significant position in the sector. When comparing efficiency, NNN's gross margin of 67.54% stands against LINE's 13.81% and CDP's 61.34%. Such benchmarking helps identify whether NNN REIT, Inc. is trading at a premium or discount relative to its financial performance.

NNN has shown consistent revenue growth, with Q2 2026 revenue at $244.27 million, and a gross margin of 67.54%, indicating strong profitability. However, the debt to equity ratio is high at 112.12%, which raises concerns about financial stability.