NNN: Nnn Reit Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Nnn Reit Inc (NNN).
$7.66B Market Cap.
NNN Market Cap. (MRY)
NNN Shares Outstanding (MRY)
NNN Assets (MRY)
Total Assets
$8.87B
Total Liabilities
$4.51B
Total Investments
$0
NNN Income (MRY)
Revenue
$869.27M
Net Income
$396.83M
Operating Expense
$333.58M
NNN Cash Flow (MRY)
CF Operations
$635.50M
CF Investing
-$424.34M
CF Financing
-$207.26M
NNN Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $8,872,728,000 (2.43%) | $8,661,968,000 (6.33%) | $8,146,045,000 (5.10%) | $7,751,054,000 (1.48%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $4,362,275,000 (4.93%) | $4,157,457,000 (0.82%) | $4,123,502,000 (5.69%) | $3,901,662,000 (-9.67%) |
Property Plant & Equipment Net | $8,746,168,000 (2.46%) | $8,535,851,000 (6.42%) | $8,020,814,000 (7.66%) | $7,449,846,000 (3.21%) |
Cash & Equivalents | $9,062,000 (75.79%) | $5,155,000 (-23.95%) | $6,778,000 (-96.04%) | $171,322,000 (-35.89%) |
Accumulated Other Comprehensive Income | -$7,959,000 (21.28%) | -$10,111,000 (19.64%) | -$12,582,000 (15.87%) | -$14,956,000 (9.05%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $2,975,000 (-18.47%) | $3,649,000 (1.02%) | $3,612,000 (14.52%) | $3,154,000 (-27.29%) |
Trade & Non-Trade Payables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Accumulated Retained Earnings (Deficit) | -$829,287,000 (-2.90%) | -$805,883,000 (-1.53%) | -$793,765,000 (-6.14%) | -$747,853,000 (-15.99%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $4,373,803,000 (0.30%) | $4,360,544,000 (11.35%) | $3,916,054,000 (4.53%) | $3,746,466,000 (16.32%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $4,510,453,000 (0.13%) | $4,504,511,000 (11.98%) | $4,022,543,000 (4.50%) | $3,849,391,000 (16.00%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
NNN Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $869,266,000 (4.97%) | $828,111,000 (7.12%) | $773,053,000 (6.42%) | $726,407,000 (9.95%) |
Cost of Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Selling General & Administrative Expense | $76,604,000 (6.21%) | $72,124,000 (6.10%) | $67,976,000 (-6.91%) | $73,025,000 (9.77%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $333,585,000 (4.18%) | $320,193,000 (4.08%) | $307,639,000 (2.48%) | $300,202,000 (-0.71%) |
Interest Expense | $184,017,000 (12.28%) | $163,898,000 (10.69%) | $148,065,000 (7.39%) | $137,874,000 (6.52%) |
Income Tax Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $396,835,000 (1.15%) | $392,340,000 (17.25%) | $334,621,000 (15.34%) | $290,110,000 (26.80%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | -$5,000 (-66.67%) | -$3,000 (0.00%) |
Net Income | $396,835,000 (1.15%) | $392,340,000 (17.25%) | $334,626,000 (15.34%) | $290,113,000 (26.80%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $25,896,000 (44.35%) |
Net Income Common Stock | $396,835,000 (1.15%) | $392,340,000 (17.25%) | $334,626,000 (26.65%) | $264,217,000 (25.31%) |
Weighted Average Shares | $183,688,562 (1.37%) | $181,200,040 (2.72%) | $176,403,656 (0.97%) | $174,710,921 (1.51%) |
Weighted Average Shares Diluted | $184,043,841 (1.30%) | $181,689,723 (2.61%) | $177,067,865 (1.29%) | $174,818,899 (1.51%) |
Earning Before Interest & Taxes (EBIT) | $580,852,000 (4.43%) | $556,238,000 (15.24%) | $482,691,000 (12.78%) | $427,987,000 (19.47%) |
Gross Profit | $869,266,000 (4.97%) | $828,111,000 (7.12%) | $773,053,000 (6.42%) | $726,407,000 (9.95%) |
Operating Income | $535,681,000 (5.47%) | $507,918,000 (9.13%) | $465,414,000 (9.20%) | $426,205,000 (18.94%) |
NNN Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$424,336,000 (37.66%) | -$680,660,000 (12.47%) | -$777,631,000 (-79.93%) | -$432,177,000 (-202.61%) |
Net Cash Flow from Financing | -$207,261,000 (-411.08%) | $66,627,000 (91.83%) | $34,732,000 (114.96%) | -$232,162,000 (-462.76%) |
Net Cash Flow from Operations | $635,504,000 (3.77%) | $612,410,000 (5.89%) | $578,355,000 (1.75%) | $568,425,000 (26.26%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $3,907,000 (340.73%) | -$1,623,000 (99.01%) | -$164,544,000 (-71.55%) | -$95,914,000 (-136.04%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $599,000 (7.16%) | $559,000 (7.29%) | $521,000 (7.20%) | $486,000 (29.95%) |
Capital Expenditure | -$423,040,000 (37.74%) | -$679,457,000 (12.43%) | -$775,910,000 (-80.33%) | -$430,270,000 (-201.54%) |
Issuance (Repayment) of Debt Securities | -$1,287,000 (-100.29%) | $439,723,000 (165.96%) | $165,337,000 (-66.35%) | $491,400,000 (135.31%) |
Issuance (Purchase) of Equity Shares | $214,265,000 (583.20%) | $31,362,000 (-87.47%) | $250,211,000 (6611.67%) | $3,728,000 (-97.00%) |
Payment of Dividends & Other Cash Distributions | -$420,239,000 (-3.90%) | -$404,458,000 (-6.29%) | -$380,538,000 (-3.61%) | -$367,291,000 (-3.05%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $249,681,000 (4.63%) | $238,625,000 (6.61%) | $223,834,000 (9.07%) | $205,220,000 (4.37%) |
NNN Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) |
Profit Margin | 45.70% (-3.59%) | 47.40% (9.47%) | 43.30% (18.96%) | 36.40% (14.11%) |
EBITDA Margin | 95.50% (-0.52%) | 96.00% (5.03%) | 91.40% (4.82%) | 87.20% (3.81%) |
Return on Average Equity (ROAE) | 9.30% (-2.11%) | 9.50% (13.10%) | 8.40% (33.33%) | 6.30% (28.57%) |
Return on Average Assets (ROAA) | 4.50% (-2.17%) | 4.60% (9.52%) | 4.20% (23.53%) | 3.40% (21.43%) |
Return on Sales (ROS) | 66.80% (-0.60%) | 67.20% (7.69%) | 62.40% (5.94%) | 58.90% (8.67%) |
Return on Invested Capital (ROIC) | 4.40% (0.00%) | 4.40% (7.32%) | 4.10% (5.13%) | 3.90% (14.71%) |
Dividend Yield | 5.60% (7.69%) | 5.20% (10.64%) | 4.70% (6.82%) | 4.40% (-13.73%) |
Price to Earnings Ratio (P/E) | 18.91 (-5.22%) | 19.95 (-17.59%) | 24.21 (-23.94%) | 31.83 (-5.09%) |
Price to Sales Ratio (P/S) | 8.63 (-8.47%) | 9.43 (-9.68%) | 10.44 (-9.68%) | 11.56 (8.45%) |
Price to Book Ratio (P/B) | 1.76 (-7.14%) | 1.89 (-4.64%) | 1.98 (-8.36%) | 2.16 (31.47%) |
Debt to Equity Ratio (D/E) | 1.03 (-4.52%) | 1.08 (10.96%) | 0.98 (-1.11%) | 0.99 (28.52%) |
Earnings Per Share (EPS) | 2.16 (0.00%) | 2.16 (14.29%) | 1.89 (25.17%) | 1.51 (23.77%) |
Sales Per Share (SPS) | 4.73 (3.54%) | 4.57 (4.29%) | 4.38 (5.39%) | 4.16 (8.31%) |
Free Cash Flow Per Share (FCFPS) | 1.16 (412.70%) | -0.37 (66.96%) | -1.12 (-241.59%) | 0.79 (-55.74%) |
Book Value Per Share (BVPS) | 23.75 (3.50%) | 22.94 (-1.84%) | 23.38 (4.67%) | 22.33 (-11.01%) |
Tangible Assets Book Value Per Share (TABVPS) | 48.3 (1.05%) | 47.8 (3.52%) | 46.18 (4.09%) | 44.37 (-0.03%) |
Enterprise Value Over EBIT (EV/EBIT) | 20 (-9.09%) | 22 (-12.00%) | 25 (-7.41%) | 27 (-3.57%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 14.27 (-5.40%) | 15.09 (-10.96%) | 16.95 (-7.85%) | 18.39 (1.69%) |
Asset Turnover | 0.1 (1.02%) | 0.1 (0.00%) | 0.1 (5.38%) | 0.09 (8.14%) |
Current Ratio | - | - | - | - |
Dividends | $2.29 (2.69%) | $2.23 (3.24%) | $2.16 (2.86%) | $2.1 (1.45%) |
Free Cash Flow (FCF) | $212,464,000 (416.89%) | -$67,047,000 (66.06%) | -$197,555,000 (-243.00%) | $138,155,000 (-55.07%) |
Enterprise Value (EV) | $11,854,225,902 (-1.15%) | $11,992,085,300 (0.17%) | $11,972,029,425 (2.82%) | $11,644,016,998 (16.04%) |
Earnings Before Tax (EBT) | $396,835,000 (1.15%) | $392,340,000 (17.25%) | $334,626,000 (15.34%) | $290,113,000 (26.80%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $830,533,000 (4.49%) | $794,863,000 (12.50%) | $706,525,000 (11.58%) | $633,207,000 (14.12%) |
Invested Capital | $13,237,469,000 (1.69%) | $13,017,357,000 (7.98%) | $12,055,321,000 (6.44%) | $11,326,198,000 (6.94%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $8,872,728,000 (2.43%) | $8,661,968,000 (6.33%) | $8,146,045,000 (5.10%) | $7,751,054,000 (1.48%) |
Market Capitalization | $7,660,444,902 (-2.58%) | $7,863,184,300 (-3.86%) | $8,178,812,425 (-3.12%) | $8,441,903,998 (18.75%) |
Average Equity | $4,275,245,250 (3.01%) | $4,150,155,250 (4.12%) | $3,985,926,000 (-4.65%) | $4,180,128,750 (-2.89%) |
Average Assets | $8,807,352,000 (4.21%) | $8,451,831,250 (6.74%) | $7,918,490,000 (1.29%) | $7,818,000,500 (2.35%) |
Invested Capital Average | $13,124,735,000 (4.34%) | $12,578,817,000 (7.39%) | $11,713,716,500 (6.23%) | $11,027,065,250 (3.96%) |
Shares | 187,526,191 (2.79%) | 182,440,471 (2.07%) | 178,732,789 (1.77%) | 175,616,892 (1.09%) |
