Gross Profit for NNN REIT (NNN)
According to NNN REIT's latest reported financial statements, the company's current gross profit (TTM) is $752.39M USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
NNN
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TTM (last 4 quarters)
$752.39M
YoY change
-57.9%
5Y CAGR
-11.1%
Peak year (2024)
$836.95M
Cumulative gross profit
$10.14B
Gross Profit history chart for NNN REIT (NNN) from 1985 to 2025
Gross Profit history table for NNN REIT (NNN) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $351.95M | -57.9% | ||
| 2024 | $836.95M | +4.7% | ||
| 2023 | $799.73M | +7.1% | ||
| 2022 | $746.77M | +7.0% | ||
| 2021 | $698.02M | +10.4% | ||
| 2020 | $632.32M | -1.6% | ||
| 2019 | $642.83M | +7.6% | ||
| 2018 | $597.56M | +6.4% | ||
| 2017 | $561.83M | +9.6% | ||
| 2016 | $512.79M | +10.7% | ||
| 2015 | $463.14M | +11.3% | ||
| 2014 | $415.94M | +10.9% | ||
| 2013 | $375.03M | +12.2% | ||
| 2012 | $334.23M | +16.5% | ||
| 2011 | $286.83M | +18.6% | ||
| 2010 | $241.87M | +4.6% | ||
| 2009 | $231.27M | +2.1% | ||
| 2008 | $226.54M | +25.0% | ||
| 2007 | $181.21M | +21.5% | ||
| 2006 | $149.16M | +34.1% | ||
| 2005 | $111.25M | +2.8% | ||
| 2004 | $108.25M | -2.7% | ||
| 2003 | $111.30M | +24.1% | ||
| 2002 | $89.72M | +10.7% | ||
| 2001 | $81.05M | +3.5% | ||
| 2000 | $78.31M | +2.3% | ||
| 1999 | $76.54M | +18.2% | ||
| 1998 | $64.77M | +29.2% | ||
| 1997 | $50.13M | +50.1% | ||
| 1996 | $33.40M | +62.3% | ||
| 1995 | $20.58M | +67.3% | ||
| 1994 | $12.30M | +123.6% | ||
| 1993 | $5.50M | +111.5% | ||
| 1992 | $2.60M | +36.8% | ||
| 1991 | $1.90M | 0.0% | ||
| 1990 | $1.90M | +5.6% | ||
| 1989 | $1.80M | 0.0% | ||
| 1988 | $1.80M | -5.3% | ||
| 1987 | $1.90M | -5.0% | ||
| 1986 | $2.00M | 0.0% | ||
| 1985 | $2.00M | — |
Gross Profit 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 gross profit for NNN REIT (NNN) came in at $351.95M – plunged 57.9% year-over-year.
NNN REIT gross profit compound annual growth for the 2020–2025 (5 years) window is -11.1%, with a net decline across the window.
NNN REIT gross profit peaked at $836.95M in 2024; the latest annual figure is $351.95M in 2025 (57.9% below peak).
2024 marks the peak gross profit at $836.95M, with the historical low of $1.80M recorded in 1988.
Among 8 Real Estate peers, NNN REIT (NNN) ranks 9th; the peer median for gross profit is $4.96B.
NNN REIT Gross Profit by Year
NNN REIT Gross Profit 2025: $351.95M
NNN REIT gross profit in 2025 was $351.95M, plunged 57.9% below 2024.
NNN REIT Gross Profit 2024: $836.95M
NNN REIT gross profit in 2024 was $836.95M, edged up 4.7% from 2023. This figure represents the highest annual value in the available history.
NNN REIT Gross Profit 2023: $799.73M
NNN REIT gross profit in 2023 was $799.73M, grew 7.1% from 2022.
NNN REIT Gross Profit 2022: $746.77M
NNN REIT gross profit in 2022 was $746.77M, grew 7.0% from 2021.
NNN REIT Gross Profit 2021: $698.02M
NNN REIT gross profit in 2021 was $698.02M.
See more financial history for NNN REIT (NNN).
Sector peers — Gross Profit
Companies in the same sector as NNN REIT, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| American Tower Corporation (AMT) | $7.84B | Real Estate |
| Simon Property Group, Inc. (SPG) | $5.46B | Real Estate |
| Prologis, Inc. (PLD) | $5.24B | Real Estate |
| Realty Income Corporation (O) | $5.16B | Real Estate |
| Equinix, Inc. (EQIX) | $4.75B | Real Estate |
| Welltower Inc. (WELL) | $4.18B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $3.39B | Real Estate |
| Public Storage (PSA) | $1.20B | Real Estate |
Frequently asked questions
What is NNN REIT's gross profit?
- Latest reported gross profit for NNN REIT (NNN) is $752.39M (period ending December 31, 2025).
How has NNN REIT gross profit changed year-over-year?
- NNN REIT (NNN) gross profit changed -57.9% year-over-year on the latest annual filing.
What is the long-term growth rate of NNN REIT gross profit?
- NNN REIT (NNN) gross profit compound annual growth rate is -11.1% over the most recent 5 years available.
When did NNN REIT gross profit hit its highest annual value?
- NNN REIT gross profit reached its highest annual value of $836.95M in 2024.
What was NNN REIT gross profit in 2024?
- NNN REIT (NNN) gross profit in 2024 was $836.95M.
What was NNN REIT gross profit in 2025?
- NNN REIT (NNN) gross profit in 2025 was $351.95M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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