NNN REIT Inc. (NNN) Revenue-to-Profit Sankey Flow & SEC XBRL Financials
NNN REIT Inc. (NNN) carries a Roarable Rating of C+ (Hold) with 67/100 RQD Confidence. The underlying business is intact, so current owners don’t need to panic-sell—but mixed big-money flow or rich pricing means new buyers can afford to wait for either a pullback or a B-or-higher upgrade.
How NNN Turns Every Dollar of Sales Into Real Bottom-Line Profit
Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory
| Fiscal Year | Revenue | Gross Margin | Op Margin | Net Profit | Free Cash Flow | ROIC % |
|---|---|---|---|---|---|---|
| FY 2025 | $926.2M | 44% | 63.6% | $389.8M | $625.5M | 7% |
| FY 2024 | $869.3M | 44% | 66.5% | $396.8M | $596.4M | 7.2% |
| FY 2023 | $828.1M | 44% | 67% | $392.3M | $575.1M | 16.6% |
Red-Light Warning Desk: How Pros Profit When Overhyped Stocks Crack (Featuring NNN)
- ✓Live walkthrough of NNN's RQD Radar, SEC cash-conversion gap & downside levels
- ✓3 asymmetric Bear/Hedge setups institutions use when 10-year yields stay elevated
- ✓Includes instant 24/7 email alert whenever any of your stocks flip to Red
NNN Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +6.6% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on NNN today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for NNN. Explore sector supply chains on /butterfly.
NNN Investor FAQ & Complete 8-Part Research Index
100% OPEN ACCESS • SEC EDGAR × CBOE × FREDHow profitable is NNN REIT Inc. (NNN)?
In FY 2025 (10-K), NNN converted $926.2M of revenue into a 44% gross margin, 44% operating margin, and $625.5M in free cash flow (67.5% FCF margin).