EBITDA for NNN REIT (NNN)
According to NNN REIT's latest reported financial statements, the company's current EBITDA (TTM) is $861.41M USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
NNN
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$861.41M
YoY change
+3.6%
5Y CAGR
+9.2%
Peak year (2025)
$860.48M
Cumulative EBITDA
$10.02B
EBITDA history chart for NNN REIT (NNN) from 1985 to 2025
EBITDA history table for NNN REIT (NNN) from 1985 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $860.48M | +3.6% | ||
| 2024 | $830.53M | +4.5% | ||
| 2023 | $794.86M | +12.5% | ||
| 2022 | $706.52M | +11.6% | ||
| 2021 | $633.20M | +14.1% | ||
| 2020 | $554.85M | -8.8% | ||
| 2019 | $608.50M | +4.4% | ||
| 2018 | $582.73M | +6.3% | ||
| 2017 | $548.20M | +13.0% | ||
| 2016 | $484.96M | +14.7% | ||
| 2015 | $422.63M | +10.8% | ||
| 2014 | $381.38M | +12.3% | ||
| 2013 | $339.52M | +21.0% | ||
| 2012 | $280.54M | +28.0% | ||
| 2011 | $219.22M | +21.5% | ||
| 2010 | $180.35M | +11.4% | ||
| 2009 | $161.86M | -16.6% | ||
| 2008 | $193.98M | +25.6% | ||
| 2007 | $154.40M | +38.2% | ||
| 2006 | $111.75M | +31.0% | ||
| 2005 | $85.28M | -49.4% | ||
| 2004 | $168.68M | +27.9% | ||
| 2003 | $131.91M | +11.1% | ||
| 2002 | $118.75M | +6.0% | ||
| 2001 | $112.01M | +14.6% | ||
| 2000 | $97.78M | +80.0% | ||
| 1999 | $54.31M | +0.5% | ||
| 1998 | $54.04M | +18.5% | ||
| 1997 | $45.61M | +8.6% | ||
| 1996 | $42.00M | +125.8% | ||
| 1995 | $18.60M | +17.0% | ||
| 1994 | $15.90M | +120.8% | ||
| 1993 | $7.20M | +89.5% | ||
| 1992 | $3.80M | +35.7% | ||
| 1991 | $2.80M | +3.7% | ||
| 1990 | $2.70M | +22.7% | ||
| 1989 | $2.20M | -4.3% | ||
| 1988 | $2.30M | 0.0% | ||
| 1987 | $2.30M | -4.2% | ||
| 1986 | $2.40M | 0.0% | ||
| 1985 | $2.40M | — |
EBITDA values are taken from NNN REIT's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual EBITDA for NNN REIT (NNN) came in at $860.48M – edged up 3.6% year-over-year.
Across 2020–2025 (5 years), NNN REIT EBITDA produced a CAGR of +9.2% – sustaining 5 straight years of year-over-year growth.
The highest annual EBITDA of $860.48M was reported in 2025. The lowest in the available history was $2.20M in 1989.
Among 8 Real Estate peers, NNN REIT (NNN) ranks 9th; the peer median for EBITDA is $3.83B.
NNN REIT EBITDA by Year
NNN REIT EBITDA 2025: $860.48M
NNN REIT EBITDA in 2025 was $860.48M, edged up 3.6% from 2024. This figure represents the highest annual value in the available history.
NNN REIT EBITDA 2024: $830.53M
NNN REIT EBITDA in 2024 was $830.53M, edged up 4.5% from 2023.
NNN REIT EBITDA 2023: $794.86M
NNN REIT EBITDA in 2023 was $794.86M, grew 12.5% from 2022.
NNN REIT EBITDA 2022: $706.52M
NNN REIT EBITDA in 2022 was $706.52M, grew 11.6% from 2021.
NNN REIT EBITDA 2021: $633.20M
NNN REIT EBITDA in 2021 was $633.20M.
See more financial history for NNN REIT (NNN).
Sector peers — EBITDA
Companies in the same sector as NNN REIT, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Simon Property Group, Inc. (SPG) | $7.86B | Real Estate |
| Prologis, Inc. (PLD) | $7.20B | Real Estate |
| American Tower Corporation (AMT) | $6.12B | Real Estate |
| Equinix, Inc. (EQIX) | $4.07B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $3.59B | Real Estate |
| Realty Income Corporation (O) | $3.55B | Real Estate |
| Public Storage (PSA) | $3.25B | Real Estate |
| Welltower Inc. (WELL) | $2.31B | Real Estate |
Frequently asked questions
What is NNN REIT's EBITDA?
- Latest reported EBITDA for NNN REIT (NNN) is $861.41M (period ending December 31, 2025).
How has NNN REIT EBITDA changed year-over-year?
- NNN REIT (NNN) EBITDA changed +3.6% year-over-year on the latest annual filing.
What is the long-term growth rate of NNN REIT EBITDA?
- NNN REIT (NNN) EBITDA compound annual growth rate is +9.2% over the most recent 5 years available.
When did NNN REIT EBITDA hit its highest annual value?
- NNN REIT EBITDA reached its highest annual value of $860.48M in 2025.
What was NNN REIT EBITDA in 2024?
- NNN REIT (NNN) EBITDA in 2024 was $830.53M.
What was NNN REIT EBITDA in 2025?
- NNN REIT (NNN) EBITDA in 2025 was $860.48M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
NNN Overview
Company profile, financial tools, and key metrics
NNN Revenue Counter
Earns $29.37 every second. See per minute, hour, and day.
NNN Earnings Counter
Earns $12.36 per second net profit. See per minute, hour, and day.
NNN Economic Scale
Exceeds Sao Tome and Principe's GDP. Compare with world economies.
NNN What If Invested
What if you had invested $1,000? See historical returns from any date.
NNN How It Makes Money
Discover visual breakdown of $926.21M in revenue — where it comes from and where it goes.
NNN Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
NNN Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
NNN Daily Price Character
Balanced · 44.2% historical win rate (green days). Streaks & record days.
NNN Buybacks
Recent repurchase activity. Shareholder yield & SBC comparison.
NNN Dividend Profile
Yield: 5.47%. Safety: 6/8. See full history.
NNN Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
NNN Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.