Company / Interest Expense
NNN Reit Interest Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$204.0M
FY2025
5-year range
$137.9M / $204.0M
FY2021-FY2025
Trend
+10.8%
vs FY2024
Sector context
#23 of 61
Real Estate
What the data says
At $204M, NNN Reit's interest expense ranks #39 of 61 in the Real Estate sector. Interest Expense has increased for 9 consecutive years, from $96M in FY2016 to $204M in FY2025.
Based on SEC 10-K filings.
$204M in FY2025 with a 5-year CAGR of +9.5%.
Increased from $164M to $204M over the past 2 years.
Real Estate sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +11.3%
- 5-Year CAGR
- +9.5%
- 10-Year CAGR
- -
Sector benchmark
#39 of 61 in Real EstateTop 62% of 61This company $204.0M Sector average $209.9M
▼
-2.9% below sector average
Key checks
Key Insights
- NNN Reit's interest expense has grown for 9 consecutive years.
- 5-year CAGR of +9.5%, indicating consistent growth.
- In FY2025, interest expense increased 10.8% year-over-year.
- Ranks #23 out of 61 companies in the Real Estate sector.
Company context
Key Data Points
- Altman Z-Score 0.59 (distress zone, below 1.8 threshold)
- Strong profit margin: 43.2%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $204.0M | +10.8% |
| FY2024 | $184.0M | +12.3% |
| FY2023 | $163.9M | +10.7% |
| FY2022 | $148.1M | +7.4% |
| FY2021 | $137.9M | +6.5% |
| FY2020 | $129.4M | +7.8% |
| FY2019 | $120.0M | +3.6% |
| FY2018 | $115.8M | +6.2% |
| FY2017 | $109.1M | +13.2% |
| FY2016 | $96.4M | +7.0% |
As of FY2025 · SEC 10-K · Updated Mar 29, 2026