Company / Profit Margin
NNN Reit Profit Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Profit Margin
42.1%
FY2025
5-year range
39.9% / 47.4%
FY2021-FY2025
Trend
-7.8%
vs FY2024
Sector context
#18 of 130
Real Estate
What the data says
NNN Reit's profit margin of 42.1% is higher than 86% of companies in the Real Estate sector (FY2025). Profit Margin has fluctuated over the past 10 years, ranging from 34.6% in FY2020 to 47.4% in FY2023.
Based on SEC 10-K filings.
42.1% in FY2025 with a 5-year CAGR of +7.5%. Top quartile in the Real Estate sector.
Declined from 47.4% to 42.1% over the past 2 years.
Real Estate sector context is included.
Profit Margin over time
Growth rates
- 3-Year Change
- -1.2pp
- 5-Year Change
- +7.5pp
- 10-Year Change
- -
Sector benchmark
Top 14% in Real EstateTop 14% of 130This company 42.1% Sector average 42.5%
▼
-1.1% below sector average
Key checks
Key Insights
- In FY2025, profit margin decreased 7.8% year-over-year.
- Currently 0.5pp below the Real Estate sector average.
- Peak profit margin was recorded in FY2023.
- Lowest profit margin in the period was in FY2020.
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 | Profit MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 42.1% | -7.8% |
| FY2024 | 45.6% | -3.7% |
| FY2023 | 47.4% | +9.4% |
| FY2022 | 43.3% | +8.4% |
| FY2021 | 39.9% | +15.3% |
| FY2020 | 34.6% | -22.4% |
| FY2019 | 44.6% | -5.0% |
| FY2018 | 47.0% | +3.7% |
| FY2017 | 45.3% | +0.9% |
| FY2016 | 44.9% | +9.5% |
As of FY2025 · SEC 10-K · Updated Mar 29, 2026