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Latest period

189.46M

YoY change

+2.1%

5Y CAGR

+1.8%

Peak year (2025)

187.99M

Shares Outstanding history chart for NNN REIT (NNN) from 1985 to 2025

Latest: 187.99M

Shares Outstanding growth chart for NNN REIT (NNN) from 1985 to 2025

Latest: +2.1%

Shares Outstanding history table for NNN REIT (NNN) from 1985 to 2025

  • 2025187.99M+2.1%
  • 2024184.04M+1.3%
  • 2023181.69M+4.0%
  • 2022174.74M-0.0%
  • 2021174.82M+1.5%
  • 2020172.22M+4.3%
  • 2019165.08M+5.6%
  • 2018156.30M+4.6%
  • 2017149.43M+3.3%
  • 2016144.66M+7.6%
  • 2015134.49M+7.8%
  • 2014124.71M+4.0%
  • 2013119.86M+9.8%
  • 2012109.12M+22.8%
  • 201188.84M+7.2%
  • 201082.85M+3.6%
  • 200979.95M+7.3%
  • 200874.52M+12.2%
  • 200766.41M+14.3%
  • 200658.08M+6.3%
  • 200554.64M+5.6%
  • 200451.74M+17.9%
  • 200343.90M+8.1%
  • 200240.59M+28.0%
  • 200131.72M+4.3%
  • 200030.41M-0.0%
  • 199930.41M+3.4%
  • 199829.40M+21.4%
  • 199724.22M+44.3%
  • 199616.78M+43.9%
  • 199511.66M+36.3%
  • 19948.56M+370.7%
  • 19931.82M+8.0%
  • 19921.68M+10.1%
  • 19911.53M+2.7%
  • 19901.49M+0.8%
  • 19891.48M+3.4%
  • 19881.43M-3.8%
  • 19871.49M-2.5%
  • 19861.52M+4.8%
  • 19851.45M

Shares Outstanding values are taken from NNN REIT's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Shares Outstanding at NNN REIT (NNN)

According to NNN REIT's latest reported financial statements, the company's latest reported diluted shares outstanding is 189.46M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, NNN REIT (NNN) reported diluted shares outstanding of 187.99M – edged up 2.1% year-over-year.

NNN REIT diluted shares outstanding has grown for 3 consecutive years, with a +1.8% compound annual growth rate over 2020–2025 (5 years).

187.99M stands as the all-time-high annual diluted shares outstanding, posted in 2025, against a low of 1.43M during 1988.

NNN REIT Shares Outstanding by Year

NNN REIT Shares Outstanding 2025: 187.99M

NNN REIT posted diluted shares outstanding of 187.99M in 2025, edged up 2.1% from 2024. This figure represents the highest annual value in the available history.

NNN REIT Shares Outstanding 2024: 184.04M

In 2024, NNN REIT reported diluted shares outstanding of 184.04M, edged up 1.3% from 2023.

NNN REIT Shares Outstanding 2023: 181.69M

NNN REIT diluted shares outstanding in 2023 was 181.69M, edged up 4.0% from 2022.

NNN REIT Shares Outstanding 2022: 174.74M

2022's diluted shares outstanding for NNN REIT came in at 174.74M, edged down 0.0% below 2021.

NNN REIT Shares Outstanding 2021: 174.82M

NNN REIT diluted shares outstanding in 2021 was 174.82M.

See more financial history for NNN REIT (NNN).

Sector peers by Shares Outstanding

Real Estate peers of NNN REIT (NNN), ranked by their latest diluted shares outstanding

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