Free Cash Flow for NNN REIT (NNN)
Free Cash Flow for NNN REIT (NNN): headline value $667.13M · YoY +5.0%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

NNN
Currently viewingFree Cash FlowSwitch metric
Latest period
$667.13M
YoY change
+5.0%
5Y CAGR
+8.2%
Peak year (2025)
$667.13M
Latest annual
$667.13M
Free Cash Flow history chart for NNN REIT (NNN) from 1990 to 2025
Free Cash Flow history table for NNN REIT (NNN) from 1990 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $667.13M | +5.0% | ||
| 2024 | $635.50M | +3.8% | ||
| 2023 | $612.41M | +5.9% | ||
| 2022 | $578.36M | +1.7% | ||
| 2021 | $568.42M | +26.3% | ||
| 2020 | $450.19M | -10.3% | ||
| 2019 | $501.73M | +6.3% | ||
| 2018 | $471.91M | +11.9% | ||
| 2017 | $421.56M | +1.5% | ||
| 2016 | $415.34M | +21.8% | ||
| 2015 | $341.10M | +15.0% | ||
| 2014 | $296.73M | +8.1% | ||
| 2013 | $274.42M | +20.3% | ||
| 2012 | $228.13M | -139.6% | ||
| 2011 | -$575.43M | +1237.8% | ||
| 2010 | -$43.01M | -140.9% | ||
| 2009 | $105.07M | -190.7% | ||
| 2008 | -$115.87M | -78.8% | ||
| 2007 | -$547.47M | +63.9% | ||
| 2006 | -$333.99M | +41.0% | ||
| 2005 | -$236.87M | +296.3% | ||
| 2004 | -$59.77M | -63.0% | ||
| 2003 | -$161.41M | -1151.9% | ||
| 2002 | $15.35M | -15.6% | ||
| 2001 | $18.17M | -60.7% | ||
| 2000 | $46.20M | -253.5% | ||
| 1999 | -$30.09M | -357.4% | ||
| 1998 | $11.69M | -107.8% | ||
| 1997 | -$150.12M | +22.3% | ||
| 1996 | -$122.72M | +134.0% | ||
| 1995 | -$52.43M | -24.2% | ||
| 1994 | -$69.20M | +151.6% | ||
| 1993 | -$27.50M | -1409.5% | ||
| 1992 | $2.10M | +40.0% | ||
| 1991 | $1.50M | -6.3% | ||
| 1990 | $1.60M | — |
Free Cash Flow values are taken from NNN REIT's reported cash flow 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 free cash flow for NNN REIT (NNN) came in at $667.13M – edged up 5.0% year-over-year.
NNN REIT free cash flow has grown for 5 consecutive years, with a +8.2% compound annual growth rate over 2020–2025 (5 years).
The highest annual free cash flow of $667.13M was reported in 2025. The lowest in the available history was -$575.43M in 2011.
Among 8 Real Estate peers, NNN REIT (NNN) ranks 8th; the peer median for free cash flow is $3.23B.
NNN REIT Free Cash Flow by Year
NNN REIT Free Cash Flow 2025: $667.13M
NNN REIT free cash flow in 2025 was $667.13M, edged up 5.0% from 2024. This figure represents the highest annual value in the available history.
NNN REIT Free Cash Flow 2024: $635.50M
NNN REIT free cash flow in 2024 was $635.50M, edged up 3.8% from 2023.
NNN REIT Free Cash Flow 2023: $612.41M
NNN REIT free cash flow in 2023 was $612.41M, grew 5.9% from 2022.
NNN REIT Free Cash Flow 2022: $578.36M
NNN REIT free cash flow in 2022 was $578.36M, edged up 1.7% from 2021.
NNN REIT Free Cash Flow 2021: $568.42M
NNN REIT free cash flow in 2021 was $568.42M.
See more financial history for NNN REIT (NNN).
Sector peers — Free Cash Flow
Companies in the same sector as NNN REIT, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Prologis, Inc. (PLD) | $5.01B | Real Estate |
| Realty Income Corporation (O) | $3.86B | Real Estate |
| American Tower Corporation (AMT) | $3.78B | Real Estate |
| Simon Property Group, Inc. (SPG) | $3.57B | Real Estate |
| Public Storage (PSA) | $2.90B | Real Estate |
| Welltower Inc. (WELL) | $2.85B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $2.41B | Real Estate |
| Equinix, Inc. (EQIX) | -$400.00M | Real Estate |
Frequently asked questions
What is NNN REIT's free cash flow?
Latest reported free cash flow for NNN REIT (NNN) is $667.13M (period ending December 31, 2025).
How has NNN REIT free cash flow changed year-over-year?
NNN REIT (NNN) free cash flow changed +5.0% year-over-year on the latest annual filing.
What is the long-term growth rate of NNN REIT free cash flow?
NNN REIT (NNN) free cash flow compound annual growth rate is +8.2% over the most recent 5 years available.
When did NNN REIT free cash flow hit its highest annual value?
NNN REIT free cash flow reached its highest annual value of $667.13M in 2025.
What was NNN REIT free cash flow in 2024?
NNN REIT (NNN) free cash flow in 2024 was $635.50M.
What was NNN REIT free cash flow in 2025?
NNN REIT (NNN) free cash flow in 2025 was $667.13M.
Metrics overview
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