NNN REIT, Inc. (NNN) vs Regency Centers Corporation (REG)

NNN leads on 10 of 16 compared metrics.

A side-by-side comparison of NNN REIT, Inc. and Regency Centers Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — NNN vs REG

growth of $100 · last 30y
NNN +251.6%REG +298.8%REG compounded faster
100200300400Start $100200120062011201620212026$352$399
NNN REG

NNN vs REG: by the numbers

  • REG is the larger company ($14.70B vs $8.86B market cap).
  • NNN trades at the lower earnings multiple (22.62 vs 23.07 P/E).
  • NNN converts more revenue to profit (41.38% vs 38.12% net margin).
  • REG grew revenue faster over the past five years (10.37% vs 7.06% CAGR).
  • NNN pays the higher dividend yield (5.15% vs 3.70%).

Which is better, NNN or REG?

Metric tally: NNN 10 · REG 6

It depends on what you're optimizing for:

GrowthREG(faster 5Y revenue CAGR)
IncomeNNN(higher dividend yield)
QualityNNN(higher ROIC)

Valuation

MetricNNNREG
P/E ratio22.6223.07
Forward P/E23.0431.52
P/S ratio9.438.65
P/B ratio2.012.14
PEG ratio2.030.78
EV / EBITDA15.7217.37
FCF yield7.37%3.98%

Profitability

MetricNNNREG
Gross margin81.38%47.88%
Operating margin63.13%47.19%
Net margin41.38%38.12%
ROE8.81%9.41%
ROIC6.10%4.43%

Dividends

MetricNNNREG
Dividend yield5.15%3.70%
Payout ratio115.94%106.45%

Growth (annualized)

MetricNNNREG
Revenue CAGR (5Y)7.06%10.37%
EPS CAGR (5Y)11.15%59.54%
FCF CAGR (5Y)6.14%2.73%
Total return CAGR (5Y)4.03%7.72%

Frequently asked

Which is better, NNN or REG?
It depends on your goal. growth: REG (faster 5Y revenue CAGR); income: NNN (higher dividend yield); quality: NNN (higher ROIC). Across all compared metrics, NNN leads 10 to 6.
Is NNN or REG cheaper?
On trailing earnings, NNN is cheaper: NNN trades at a 22.62 P/E and REG at 23.07.
Which has grown faster, NNN or REG?
Over the past five years, REG grew revenue faster — NNN at a 7.06% CAGR versus REG at 10.37%.
Does NNN or REG pay a bigger dividend?
NNN yields 5.15% and REG yields 3.70% based on trailing dividends and the latest price.
Is NNN or REG more profitable?
NNN runs the higher net margin — NNN at 41.38% versus REG at 38.12%.
Which has been the better investment, NNN or REG?
Over the past 10-year, NNN delivered the higher annualized total return — NNN at 4.73% versus REG at 4.04%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 14, 2026.