Net Income for NNN REIT (NNN)
According to NNN REIT's latest reported financial statements, the company's current net income (TTM) is $389.78M USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

NNN
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$389.78M
YoY change
-1.8%
5Y CAGR
+11.2%
Peak year (2024)
$396.83M
Cumulative net income
$4.98B
Net Income history chart for NNN REIT (NNN) from 1985 to 2025
Net Income history table for NNN REIT (NNN) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $389.78M | -1.8% | ||
| 2024 | $396.83M | +1.1% | ||
| 2023 | $392.34M | +17.2% | ||
| 2022 | $334.63M | +15.3% | ||
| 2021 | $290.11M | +26.8% | ||
| 2020 | $228.80M | -23.5% | ||
| 2019 | $299.18M | +2.3% | ||
| 2018 | $292.45M | +10.4% | ||
| 2017 | $264.97M | +10.6% | ||
| 2016 | $239.50M | +21.1% | ||
| 2015 | $197.84M | +3.8% | ||
| 2014 | $190.60M | +19.0% | ||
| 2013 | $160.15M | +12.8% | ||
| 2012 | $142.01M | +53.8% | ||
| 2011 | $92.33M | +26.5% | ||
| 2010 | $73.00M | +33.2% | ||
| 2009 | $54.81M | -55.5% | ||
| 2008 | $123.08M | -21.7% | ||
| 2007 | $157.11M | -13.9% | ||
| 2006 | $182.50M | +104.1% | ||
| 2005 | $89.40M | +37.7% | ||
| 2004 | $64.93M | +21.4% | ||
| 2003 | $53.47M | +5.3% | ||
| 2002 | $50.76M | +75.3% | ||
| 2001 | $28.96M | -24.3% | ||
| 2000 | $38.25M | +8.3% | ||
| 1999 | $35.31M | +8.8% | ||
| 1998 | $32.44M | +6.8% | ||
| 1997 | $30.39M | +53.5% | ||
| 1996 | $19.80M | +55.8% | ||
| 1995 | $12.71M | +42.8% | ||
| 1994 | $8.90M | +154.3% | ||
| 1993 | $3.50M | +118.8% | ||
| 1992 | $1.60M | +23.1% | ||
| 1991 | $1.30M | -7.1% | ||
| 1990 | $1.40M | +7.7% | ||
| 1989 | $1.30M | 0.0% | ||
| 1988 | $1.30M | -13.3% | ||
| 1987 | $1.50M | -6.3% | ||
| 1986 | $1.60M | 0.0% | ||
| 1985 | $1.60M | — |
Net Income 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
As of the 2025 fiscal year, NNN REIT (NNN) reported net income of $389.78M – edged down 1.8% year-over-year.
Across 2020–2025 (5 years), NNN REIT net income produced a CAGR of +11.2% – with the latest reading among the more recent periods of the dataset.
NNN REIT net income peaked at $396.83M in 2024; the latest annual figure is $389.78M in 2025 (1.8% below peak).
Across the available history, net income reached its high of $396.83M in 2024 and its low of $1.30M in 1988.
Among 8 Real Estate peers, NNN REIT (NNN) ranks 9th; the peer median for net income is $1.57B.
NNN REIT Net Income by Year
NNN REIT Net Income 2025: $389.78M
NNN REIT net income in 2025 was $389.78M, edged down 1.8% below 2024.
NNN REIT Net Income 2024: $396.83M
NNN REIT net income in 2024 was $396.83M, edged up 1.1% from 2023. This figure represents the highest annual value in the available history.
NNN REIT Net Income 2023: $392.34M
NNN REIT net income in 2023 was $392.34M, grew 17.2% from 2022.
NNN REIT Net Income 2022: $334.63M
NNN REIT net income in 2022 was $334.63M, grew 15.3% from 2021.
NNN REIT Net Income 2021: $290.11M
NNN REIT net income in 2021 was $290.11M.
See more financial history for NNN REIT (NNN).
Sector peers — Net Income
Companies in the same sector as NNN REIT, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Simon Property Group, Inc. (SPG) | $4.61B | Real Estate |
| Prologis, Inc. (PLD) | $3.41B | Real Estate |
| American Tower Corporation (AMT) | $2.53B | Real Estate |
| Public Storage (PSA) | $1.78B | Real Estate |
| Equinix, Inc. (EQIX) | $1.35B | Real Estate |
| Digital Realty Trust, Inc. (DLR) | $1.31B | Real Estate |
| Realty Income Corporation (O) | $1.06B | Real Estate |
| Welltower Inc. (WELL) | $936.85M | Real Estate |
Frequently asked questions
What is NNN REIT's net income?
- Latest reported net income for NNN REIT (NNN) is $389.78M (period ending December 31, 2025).
How has NNN REIT net income changed year-over-year?
- NNN REIT (NNN) net income changed -1.8% year-over-year on the latest annual filing.
What is the long-term growth rate of NNN REIT net income?
- NNN REIT (NNN) net income compound annual growth rate is +11.2% over the most recent 5 years available.
When did NNN REIT net income hit its highest annual value?
- NNN REIT net income reached its highest annual value of $396.83M in 2024.
What was NNN REIT net income in 2024?
- NNN REIT (NNN) net income in 2024 was $396.83M.
What was NNN REIT net income in 2025?
- NNN REIT (NNN) net income in 2025 was $389.78M.
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.