See more : Arribatec Solutions ASA (ARR.OL) Income Statement Analysis – Financial Results
Complete financial analysis of National Retail Properties, Inc. (NNN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of National Retail Properties, Inc., a leading company in the REIT – Retail industry within the Real Estate sector.
You may be interested
- Sartorius Aktiengesellschaft (SOAGY) Income Statement Analysis – Financial Results
- Globe Trade Centre S.A. (GBCEY) Income Statement Analysis – Financial Results
- Real Matters Inc. (REAL.TO) Income Statement Analysis – Financial Results
- Veroni Brands Corp. (VONI) Income Statement Analysis – Financial Results
- Grand Industrial Holding Co., Ltd. (000626.SZ) Income Statement Analysis – Financial Results
National Retail Properties, Inc. (NNN)
About National Retail Properties, Inc.
National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of September 30, 2020, the company owned 3,114 properties in 48 states with a gross leasable area of approximately 32.4 million square feet and with a weighted average remaining lease term of 10.7 years.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 828.11M | 773.05M | 726.41M | 660.68M | 670.49M | 622.66M | 584.93M | 533.65M | 482.91M | 434.85M | 392.33M | 350.76M | 310.93M | 267.61M | 248.35M | 231.42M | 186.74M | 158.79M | 145.18M | 129.31M | 102.66M | 93.83M | 80.53M | 80.89M | 76.54M | 64.11M | 50.14M | 33.37M | 20.58M | 12.30M | 5.50M | 2.60M | 1.90M | 1.90M | 1.80M | 1.80M | 1.90M | 2.00M | 2.00M |
| Cost of Revenue | 28.38M | 26.28M | 28.39M | 28.36M | 27.66M | 25.10M | 23.11M | 20.85M | 19.77M | 18.91M | 18.10M | 17.07M | 43.10M | 36.61M | 16.09M | 4.88M | 9.06M | 7.09M | 13.21M | 12.16M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 799.73M | 746.77M | 698.02M | 632.32M | 642.83M | 597.56M | 561.83M | 512.80M | 463.14M | 415.94M | 374.23M | 333.69M | 267.84M | 231.01M | 232.26M | 226.54M | 177.68M | 151.70M | 131.97M | 117.15M | 102.66M | 93.83M | 80.53M | 80.89M | 76.54M | 64.11M | 50.14M | 33.37M | 20.58M | 12.30M | 5.50M | 2.60M | 1.90M | 1.90M | 1.80M | 1.80M | 1.90M | 2.00M | 2.00M |
| Gross Profit Ratio | 96.57% | 96.60% | 96.09% | 95.71% | 95.88% | 95.97% | 96.05% | 96.09% | 95.91% | 95.65% | 95.39% | 95.13% | 86.14% | 86.32% | 93.52% | 97.89% | 95.15% | 95.54% | 90.90% | 90.60% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.43 | 0.40 | 0.35 | 0.45 | 0.47 | 0.39 | 0.40 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 43.75M | 49.54M | 44.84M | 38.24M | 37.91M | 34.25M | 33.81M | 36.51M | 34.74M | 32.52M | 32.58M | 32.18M | 28.81M | 22.78M | 21.78M | 24.87M | 23.54M | 24.01M | 23.41M | 23.00M | 11.49M | 9.48M | 6.91M | 4.85M | 6.18M | 7.74M | 1.22M | 1.18M | 721.85K | 600.00K | 500.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 16.89M | 13.53M | 13.68M | 10.53M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 43.75M | 49.54M | 44.84M | 38.24M | 37.91M | 34.25M | 33.81M | 36.51M | 34.74M | 32.52M | 32.58M | 32.18M | 45.70M | 36.31M | 35.46M | 35.40M | 23.54M | 24.01M | 23.41M | 23.00M | 11.49M | 9.48M | 6.91M | 4.85M | 6.18M | 7.74M | 1.22M | 1.18M | 721.85K | 600.00K | 500.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 200.88M | 223.83M | 205.22M | 196.62M | 188.87M | 174.40M | 173.72M | 149.10M | 134.80M | 116.16M | 99.25M | 92.68M | 58.12M | 48.33M | 46.77M | 44.74M | 40.87M | 38.84M | 37.87M | 33.04M | 18.29M | 12.91M | 22.87M | 11.01M | 24.69M | 9.76M | 8.61M | 5.21M | 3.32M | -2.90M | -1.60M | -800.00K | -600.00K | -500.00K | -400.00K | -500.00K | -400.00K | -400.00K | -400.00K |
| Operating Expenses | 244.63M | 273.37M | 250.06M | 234.86M | 226.78M | 208.65M | 207.53M | 185.61M | 169.53M | 148.68M | 131.82M | 124.87M | 102.39M | 84.64M | 82.23M | 80.14M | 64.41M | 62.85M | 61.28M | 56.04M | 29.77M | 22.38M | 29.78M | 15.86M | 30.87M | 17.49M | 9.83M | 6.40M | 4.04M | -2.30M | -1.10M | -800.00K | -600.00K | -500.00K | -400.00K | -500.00K | -400.00K | -400.00K | -400.00K |
| Cost & Expenses | 273.01M | 299.65M | 278.45M | 263.22M | 254.44M | 233.75M | 230.63M | 206.46M | 189.31M | 167.59M | 149.92M | 141.93M | 145.48M | 121.25M | 98.32M | 85.02M | 64.41M | 62.85M | 61.28M | 56.04M | 29.77M | 22.38M | 29.78M | 15.86M | 30.87M | 17.49M | 9.83M | 6.40M | 4.04M | -2.30M | -1.10M | -800.00K | -600.00K | -500.00K | -400.00K | -500.00K | -400.00K | -400.00K | -400.00K |
| Interest Income | 1.13M | 149.00K | 216.00K | 417.00K | 3.11M | 1.81M | 322.00K | 170.00K | 109.00K | 357.00K | 1.49M | 2.23M | 1.51M | 1.51M | 1.38M | 3.75M | 76.37M | 52.30M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 163.90M | 148.07M | 137.87M | 129.43M | 120.02M | 115.85M | 109.11M | 96.35M | 90.01M | 85.51M | 85.28M | 82.50M | 74.85M | 65.18M | 62.15M | 58.48M | 49.29M | 45.87M | 35.94M | 32.46M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 238.63M | 299.65M | 278.45M | 264.99M | 254.18M | 234.76M | 238.48M | 213.29M | 134.80M | 116.16M | 99.25M | 74.14M | 58.12M | 48.33M | 48.49M | 45.40M | 32.98M | 24.52M | 22.35M | 17.40M | 13.57M | 11.74M | 9.21M | 9.09M | 8.63M | 6.76M | 5.30M | 3.55M | 2.06M | 1.30M | 600.00K | 400.00K | 300.00K | 300.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 793.73M | 706.37M | 654.32M | 571.11M | 605.65M | 562.30M | 520.18M | 469.46M | 427.87M | 392.35M | 344.06M | 280.54M | 222.14M | 194.81M | 198.47M | 191.78M | 154.98M | 122.04M | 85.28M | 90.67M | 131.91M | 81.85M | 61.43M | 78.10M | 54.31M | 54.04M | 45.61M | 30.53M | 18.60M | 15.90M | 7.20M | 3.80M | 2.80M | 2.70M | 2.20M | 2.30M | 2.30M | 2.40M | 2.40M |
| EBITDA Ratio | 95.85% | 90.21% | 89.95% | 89.98% | 90.68% | 90.76% | 90.33% | 89.28% | 88.73% | 88.26% | 87.46% | 81.31% | 72.39% | 73.32% | 80.49% | 84.50% | 83.93% | 76.86% | 71.80% | 70.12% | 78.22% | 87.24% | 76.28% | 96.55% | 63.37% | 88.09% | 89.38% | 91.48% | 90.38% | 129.27% | 123.64% | 146.15% | 147.37% | 142.11% | 122.22% | 127.78% | 121.05% | 120.00% | 120.00% |
| Operating Income | 555.10M | 482.54M | 449.10M | 374.49M | 416.78M | 424.76M | 337.50M | 309.07M | 288.66M | 266.25M | 239.25M | 197.60M | 164.43M | 134.92M | 120.68M | 145.64M | 120.91M | 94.36M | 83.90M | 73.27M | 72.89M | 69.56M | 50.74M | 65.04M | 51.47M | 43.52M | 41.11M | 26.97M | 16.54M | 14.60M | 6.60M | 3.40M | 2.50M | 2.40M | 2.20M | 2.30M | 2.30M | 2.40M | 2.40M |
| Operating Income Ratio | 67.03% | 62.42% | 61.82% | 56.68% | 62.16% | 68.22% | 57.70% | 57.92% | 59.77% | 61.23% | 60.98% | 56.34% | 52.88% | 50.41% | 48.59% | 62.93% | 64.75% | 59.42% | 57.79% | 56.67% | 71.00% | 74.14% | 63.01% | 80.40% | 67.25% | 67.88% | 82.00% | 80.83% | 80.38% | 118.70% | 120.00% | 130.77% | 131.58% | 126.32% | 122.22% | 127.78% | 121.05% | 120.00% | 120.00% |
| Total Other Income/Expenses | -162.76M | -147.92M | -158.99M | -145.69M | -116.91M | -132.28M | -145.44M | -123.93M | -90.83M | -86.54M | -85.81M | -92.53M | -73.94M | -74.48M | -52.10M | -56.28M | -40.29M | -33.34M | -12.91M | -28.68M | -53.27M | -38.18M | -1.48M | -3.98M | 5.80M | -3.76M | -10.33M | -6.97M | -3.53M | 0.00 | 400.00K | 0.00 | 0.00 | 0.00 | -800.00K | -2.30M | -2.30M | -2.40M | -2.40M |
| Income Before Tax | 392.34M | 334.62M | 290.11M | 228.80M | 299.61M | 292.49M | 228.72M | 212.32M | 197.83M | 179.70M | 155.46M | 117.33M | 91.39M | 71.25M | 59.91M | 90.10M | 76.37M | 52.30M | 50.01M | 44.59M | 79.04M | 70.90M | 49.27M | 61.06M | 57.27M | 40.42M | 30.79M | 20.04M | 13.01M | 0.00 | 7.00M | 0.00 | 0.00 | 0.00 | 1.40M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 47.38% | 43.29% | 39.94% | 34.63% | 44.69% | 46.97% | 39.10% | 39.79% | 40.97% | 41.33% | 39.62% | 33.45% | 29.39% | 26.62% | 24.12% | 38.93% | 40.90% | 32.94% | 34.45% | 34.48% | 76.99% | 75.56% | 61.18% | 75.48% | 74.82% | 63.04% | 61.40% | 60.05% | 63.20% | 0.00% | 127.27% | 0.00% | 0.00% | 0.00% | 77.78% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 0.00 | 147.91M | 137.87M | 129.43M | 120.45M | -16.43M | 36.66M | 27.18M | 10.32M | -75.00K | 618.00K | -7.09M | 779.00K | 475.00K | -1.13M | -7.50M | -8.54M | -11.14M | -2.78M | -2.54M | 19.41M | 23.39M | 21.78M | 26.78M | 10.36M | 14.18M | 400.00K | 200.00K | 300.00K | 5.70M | 3.10M | 1.80M | 1.20M | 1.00M | 100.00K | -1.30M | -1.50M | -1.60M | -1.60M |
| Net Income | 392.34M | 186.71M | 152.24M | 99.37M | 179.16M | 292.45M | 264.97M | 239.50M | 197.84M | 190.60M | 160.15M | 142.02M | 92.33M | 73.00M | 54.81M | 123.08M | 157.11M | 182.51M | 89.40M | 64.93M | 53.47M | 48.06M | 28.96M | 38.25M | 35.31M | 32.44M | 30.39M | 19.84M | 12.71M | 8.90M | 3.50M | 1.60M | 1.30M | 1.40M | 1.30M | 1.30M | 1.50M | 1.60M | 1.60M |
| Net Income Ratio | 47.38% | 24.15% | 20.96% | 15.04% | 26.72% | 46.97% | 45.30% | 44.88% | 40.97% | 43.83% | 40.82% | 40.49% | 29.69% | 27.28% | 22.07% | 53.19% | 84.13% | 114.94% | 61.58% | 50.22% | 52.09% | 51.22% | 35.97% | 47.29% | 46.13% | 50.60% | 60.61% | 59.45% | 61.74% | 72.36% | 63.64% | 61.54% | 68.42% | 73.68% | 72.22% | 72.22% | 78.95% | 80.00% | 80.00% |
| EPS | 2.16 | 1.07 | 0.87 | 0.58 | 1.09 | 1.88 | 1.45 | 1.39 | 1.21 | 1.24 | 1.11 | 1.13 | 0.96 | 0.80 | 0.60 | 1.57 | 2.27 | 3.08 | 1.58 | 1.15 | 1.14 | 1.09 | 0.92 | 1.26 | 1.16 | 1.11 | 1.26 | 1.18 | 1.09 | 1.04 | 0.95 | 0.95 | 0.85 | 0.94 | 0.88 | 0.91 | 1.01 | 1.05 | 1.10 |
| EPS Diluted | 2.16 | 1.07 | 0.87 | 0.58 | 1.09 | 1.87 | 1.45 | 1.38 | 1.20 | 1.24 | 1.10 | 1.11 | 0.96 | 0.80 | 0.60 | 1.56 | 2.26 | 3.05 | 1.56 | 1.15 | 1.13 | 1.09 | 0.91 | 1.26 | 1.16 | 1.10 | 1.25 | 1.18 | 1.09 | 1.04 | 0.95 | 0.95 | 0.85 | 0.94 | 0.88 | 0.91 | 1.01 | 1.05 | 1.10 |
| Weighted Avg Shares Out | 181.20M | 174.74M | 174.71M | 172.11M | 164.69M | 155.74M | 149.11M | 144.18M | 134.00M | 124.26M | 118.20M | 106.97M | 88.10M | 82.72M | 79.85M | 74.25M | 66.15M | 57.43M | 52.98M | 51.31M | 43.11M | 40.38M | 31.54M | 30.39M | 30.33M | 29.17M | 24.07M | 16.78M | 11.66M | 8.56M | 1.82M | 1.68M | 1.53M | 1.49M | 1.48M | 1.43M | 1.49M | 1.52M | 1.45M |
| Weighted Avg Shares Out (Dil) | 181.69M | 174.74M | 174.82M | 172.22M | 165.08M | 156.30M | 149.43M | 144.66M | 134.49M | 124.71M | 119.86M | 109.12M | 88.84M | 82.85M | 79.95M | 74.52M | 66.41M | 58.08M | 54.64M | 51.74M | 43.90M | 40.59M | 31.72M | 30.41M | 30.41M | 29.40M | 24.22M | 16.78M | 11.66M | 8.56M | 1.82M | 1.68M | 1.53M | 1.49M | 1.48M | 1.43M | 1.49M | 1.52M | 1.45M |
This 5%-Yielding Real Estate Stock Raised Its Dividend in Each of the Past 4 Recessions
NNN REIT has increased its dividend for 35 straight years. The real estate investment trust has a very durable portfolio of net leased retail properties.
Your Retirement, Sponsored By Growing Dividends
Do you plan flexibly for disruptions? We focus on long-term income stability through changes in the economy. We discuss two time-tested companies offering up to 7% yields.
3 REITs to Sell in August Before They Crash & Burn
Those holding REITs have seen their portfolios lag behind in recent years, with the sector struggling under the weight of rising interest rates. The current economic climate has been particularly harsh on REITs, which are feeling the strain from increased...
Don't Paint All Real Estate By The Same Brush (2 REIT Treats Inside)
Commercial property foreclosures are on the rise, reaching $20.5 billion in the second quarter, the highest since 2015. Despite the challenging market, there are signs of a potential bottoming process, with lenders quick to sell seized properties. REITs like Kimco...
7 Dividend Stocks to Secure Your Future for the Next Decade
Sector-based focus is critical in dividend investing, through which an investor can build a secure financial future from sectors most known for their stability and growth potential. This article reviews seven top dividend stocks that portray excellent yield opportunities with...
NNN REIT: Diverse REIT With Well-Supported Dividend
NNN REIT offers exposure to a diverse tenant portfolio that has maintained a high occupancy rating over the last two decades. The current dividend yield sits at 5% and offers a large margin of safety with FFO covering the dividend...
NNN REIT, Inc. (NNN) Q2 2024 Earnings Call Transcript
NNN REIT, Inc. (NYSE:NNN ) Q2 2024 Earnings Conference Call August 1, 2024 10:30 AM ET Company Participants Steve Horn - Chief Executive Officer Kevin Habicht - Chief Financial Officer Conference Call Participants Spenser Allaway - Green Street Farrell Granath...
NNN REIT (NNN) Q2 FFO and Revenues Top Estimates
NNN REIT (NNN) came out with quarterly funds from operations (FFO) of $0.84 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to FFO of $0.80 per share a year ago.
Second Quarter 2024 Operating Results and Increased 2024 Guidance Announced by NNN REIT, Inc.
ORLANDO, Fla. , Aug. 1, 2024 /PRNewswire/ -- NNN REIT, Inc. (NYSE: NNN), a real estate investment trust, today announced its operating results for the quarter and six months ended June 30, 2024.
A Must-Read Net Lease Masterclass For REIT Investors
Net lease REITs provide efficient real estate capital for companies, creating wealth for shareholders, employees, and stakeholders. Business model transparency is key for value investing in net lease REITs. Chris Volk applies a universal business model to compare five top...
Source: https://incomestatements.info
Category: Stock Reports