Buyback yield (TTM)
N/A
Shareholder yield (TTM)
5.64%
5Y share count change
9.2%
Buyback spend (TTM)
N/A
Cumulative buybacks
$721.52M
Key takeaways
- Diluted share count is up 9.2% over the last ~5 fiscal years — equity issuance and stock-based compensation are outpacing repurchases.
- TTM repurchases used about 0% of free cash flow remaining after dividends.
Dividend & buyback yield over time for NNN REIT (NNN)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for NNN REIT (NNN)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for NNN REIT (NNN)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for NNN REIT (NNN)
Latest: $0.00
Overview
In 2025, NNN REIT (NNN) buyback spend totalled $0.00.
NNN REIT buyback spend peaked at $287.50M in 2017; the latest annual figure is $0.00 in 2025 (100.0% below peak).
2017 marks the peak buyback spend at $287.50M, with the historical low of $0.00 recorded in 1990.
NNN REIT Buyback Spend 2025: $0.00
NNN REIT buyback spend in 2025 was $0.00.
NNN REIT Buyback Spend 2024: $0.00
NNN REIT buyback spend in 2024 was $0.00.
NNN REIT Buyback Spend 2023: $0.00
NNN REIT buyback spend in 2023 was $0.00.
NNN REIT Buyback Spend 2022: $0.00
NNN REIT buyback spend in 2022 was $0.00.
NNN REIT Buyback Spend 2021: $0.00
NNN REIT buyback spend in 2021 was $0.00.
See more financial history for NNN REIT (NNN).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $0.00 | $0.00 | $0.00 | — | 0.19B | +2.1% | |
| 2024 | $0.00 | $0.00 | $0.00 | — | 0.18B | +1.3% | |
| 2023 | $0.00 | $0.00 | $0.00 | — | 0.18B | +4.0% | |
| 2022 | $0.00 | $17.33M | −$17.33M | — | 0.17B | -0.0% | |
| 2021 | $0.00 | $14.49M | −$14.49M | — | 0.17B | +1.5% | |
| 2020 | $0.00 | $14.48M | −$14.48M | — | 0.17B | +4.3% | |
| 2019 | $287.50M | $11.55M | $275.95M | 3.14% | 0.17B | +5.6% | |
| 2018 | $0.00 | $10.42M | −$10.42M | — | 0.16B | +4.6% | |
| 2017 | $287.50M | $14.22M | $273.28M | 4.39% | 0.15B | +3.3% | |
| 2016 | $0.00 | $11.40M | −$11.40M | — | 0.14B | +7.6% | |
| 2015 | $0.00 | $10.47M | −$10.47M | — | 0.13B | +7.8% | |
| 2014 | $0.00 | $9.84M | −$9.84M | — | 0.12B | +4.0% | |
| 2013 | $0.00 | $8.52M | −$8.52M | — | 0.12B | +9.8% | |
| 2012 | $92.00M | $10.14M | $81.86M | 2.70% | 0.11B | +22.8% | |
| 2011 | $0.00 | $0.00 | $0.00 | — | 0.09B | +7.2% | |
| 2010 | $0.00 | $122.00K | −$122.00K | — | 0.08B | +3.6% | |
| 2009 | $104.00K | $4.17M | −$4.07M | 0.01% | 0.08B | +7.3% | |
| 2008 | $0.00 | $2.59M | −$2.59M | — | 0.07B | +12.2% | |
| 2007 | $44.54M | $0.00 | $44.54M | 2.68% | 0.07B | +14.3% | |
| 2006 | $0.00 | $3.17M | −$3.17M | — | 0.06B | +6.3% | |
| 2005 | $0.00 | $1.97M | −$1.97M | — | 0.05B | +5.6% | |
| 2004 | $0.00 | $978.00K | −$978.00K | — | 0.05B | +17.9% | |
| 2003 | $0.00 | $0.00 | $0.00 | — | 0.04B | +8.1% | |
| 2002 | $0.00 | $0.00 | $0.00 | — | 0.04B | +28.0% | |
| 2001 | $0.00 | $0.00 | $0.00 | — | 0.03B | +4.3% | |
| 2000 | $48.00K | $0.00 | $48.00K | — | 0.03B | -0.0% | |
| 1999 | $2.33M | $0.00 | $2.33M | — | 0.03B | +3.4% | |
| 1998 | $0.00 | $0.00 | $0.00 | — | 0.03B | +21.4% | |
| 1997 | $0.00 | $0.00 | $0.00 | — | 0.02B | +44.3% | |
| 1996 | $7.50M | $0.00 | $7.50M | — | 0.02B | — | |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — | |
| 1990 | $0.00 | $0.00 | $0.00 | — | — | — |
- 2025$0.00
- 2024$0.00
- 2023$0.00
- 2022$0.00
- 2021$0.00
- 2020$0.00
- 2019$287.50M
- 2018$0.00
- 2017$287.50M
- 2016$0.00
- 2015$0.00
- 2014$0.00
- 2013$0.00
- 2012$92.00M
- 2011$0.00
- 2010$0.00
- 2009$104.00K
- 2008$0.00
- 2007$44.54M
- 2006$0.00
- 2005$0.00
- 2004$0.00
- 2003$0.00
- 2002$0.00
- 2001$0.00
- 2000$48.00K
- 1999$2.33M
- 1998$0.00
- 1997$0.00
- 1996$7.50M
- 1995$0.00
- 1994$0.00
- 1993$0.00
- 1992$0.00
- 1991$0.00
- 1990$0.00
Buybacks vs stock-based compensation for NNN REIT (NNN)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 0.00×.
Buybacks vs dividends (share of cash returned) for NNN REIT (NNN)
How NNN REIT splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as NNN REIT, ranked by their latest buyback spend.
| $364.60M | |
| $227.15M | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 | |
| $0.00 |
- $364.60M
- $227.15M
- $0.00
- $0.00
- $0.00
- $0.00
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $202.51M (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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