NNN REIT, Inc. (NNN) vs Sunstone Hotel Investors, Inc. (SHO)
A side-by-side comparison of NNN REIT, Inc. and Sunstone Hotel Investors, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 5, 2026. Differences are shown without an overall score or investment verdict.
NNN
NNN REIT, Inc.
$47.36Real EstateDelayed quote: Aug 5, 2026, 4:00 PM EDT
SHO
Sunstone Hotel Investors, Inc.
$11.68Real EstateDelayed quote: Aug 5, 2026, 4:00 PM EDT
Total return — NNN vs SHO
growth of $100 · dividends reinvested · last 22yNNN +700.8%SHO +57.1%NNN compounded faster
Log scale — wide-divergence pair
NNN SHO
NNN vs SHO: by the numbers
- •NNN is the larger company ($9.01B vs $2.18B market cap).
- •NNN trades at the lower trailing earnings multiple (22.90 vs 82.95 P/E), one valuation lens rather than an overall verdict.
- •NNN converts more revenue to profit (41.38% vs 3.84% net margin).
- •SHO grew revenue faster over the past five years (50.59% vs 7.06% CAGR).
- •NNN pays the higher dividend yield (5.13% vs 3.08%).
Metrics side by side
Valuation
| Metric | NNN | SHO |
|---|---|---|
| P/E ratio | 22.90 | 82.95 |
| Forward P/E | 23.29 | 25.98 |
| P/S ratio | 9.55 | 2.24 |
| P/B ratio | 2.03 | 1.16 |
| PEG ratio | 2.05 | N/A |
| EV / EBITDA | 15.93 | 13.74 |
| FCF yield | 7.28% | 7.45% |
Profitability
| Metric | NNN | SHO |
|---|---|---|
| Gross margin | 38.00% | 6.23% |
| Operating margin | 63.13% | 8.80% |
| Net margin | 41.38% | 3.84% |
| ROE | 8.81% | 1.99% |
| ROIC | 6.39% | 3.12% |
Dividends
| Metric | NNN | SHO |
|---|---|---|
| Dividend yield | 5.13% | 3.08% |
| Payout ratio | 116.91% | 849.06% |
Growth (annualized)
| Metric | NNN | SHO |
|---|---|---|
| Revenue CAGR (5Y) | 7.06% | 50.59% |
| EPS CAGR (5Y) | 11.15% | N/A |
| FCF CAGR (5Y) | 6.14% | 5.61% |
| Total return CAGR (5Y) | 5.18% | 3.26% |
Frequently asked
- Which has the lower trailing P/E, NNN or SHO?
- NNN has the lower trailing P/E: NNN trades at 22.90 and SHO at 82.95. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, NNN or SHO?
- Over the past five years, SHO grew revenue faster — NNN at a 7.06% CAGR versus SHO at 50.59%.
- Does NNN or SHO pay a bigger dividend?
- NNN yields 5.13% and SHO yields 3.08% based on trailing dividends and the latest price.
- Is NNN or SHO more profitable?
- NNN runs the higher net margin — NNN at 41.38% versus SHO at 3.84%.
- How have NNN and SHO total returns compared?
- Over the past 10 years, NNN delivered 4.00% and SHO delivered 1.31% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
NNN REIT P/E ratioSunstone Hotel Investors P/E ratioNNN REIT dividend yieldSunstone Hotel Investors dividend yieldNNN REIT ROESunstone Hotel Investors ROENNN REIT operating marginSunstone Hotel Investors operating marginNNN REIT revenue growthSunstone Hotel Investors revenue growthNNN REIT free cash flowSunstone Hotel Investors free cash flow
NNN REIT & Sunstone Hotel Investors appear in these rankings
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 August 5, 2026.