NNN REIT, Inc. (NNN) EBITDA Margin: 92.90%
Is NNN REIT, Inc.’s EBITDA margin high or low?
NNN REIT, Inc.'s EBITDA margin of 92.90% is in line with its 5-year average of 91.16%, near the high end of its 5-year range (83.98%–95.99%).
As of Friday, June 12, 2026. 1.40% below its 12-month average of 94.22%.
NNN EBITDA Margin Chart
NNN Average EBITDA Margin Chart
NNN Current vs Average EBITDA Margin Chart
NNN EBITDA Margin Metrics
EBITDA MARGIN
92.90%
EBITDA MARGIN AVG TTM
94.22%
EBITDA MARGIN AVG 3Y
93.96%
EBITDA MARGIN AVG 5Y
91.16%
EBITDA MARGIN AVG 10Y
91.22%
EBITDA MARGIN AVG 15Y
87.22%
EBITDA MARGIN AVG 20Y
83.64%
CURRENT VS TTM AVG
-1.40%
CURRENT VS 3Y AVG
-1.12%
CURRENT VS 5Y AVG
+1.91%
CURRENT VS 10Y AVG
+1.84%
CURRENT VS 15Y AVG
+6.51%
CURRENT VS 20Y AVG
+11.08%
NNN Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NNN REIT, Inc. (NNN) | $8.77B | 92.90% | 94.22% | 93.96% | 91.16% |
| Agree Realty Corporation (ADC) | $8.98B | 85.89% | 86.97% | 87.53% | 87.34% |
| Terreno Realty Corporation (TRNO) | $7.09B | 117.01% | 97.62% | 94.12% | 84.17% |
| Federal Realty Investment Trust (FRT) | $10.77B | 76.06% | 72.22% | 71.81% | 70.25% |
| Kimco Realty Corporation (KIM) | $17.37B | 75.83% | 68.91% | 69.43% | 72.10% |
| SBA Communications Corporation (SBAC) | $21.60B | 77.67% | 72.32% | 68.59% | 67.81% |
| VICI Properties Inc. (VICI) | $30.27B | 90.93% | 91.72% | 85.36% | 89.05% |
| Crown Castle Inc. (CCI) | $40.04B | 64.88% | 22.99% | 40.76% | 45.81% |
| Ventas, Inc. (VTR) | $40.78B | 38.37% | 38.85% | 40.07% | 42.73% |
| Public Storage (PSA) | $56.58B | 67.29% | 70.98% | 86.30% | 82.34% |
Margin Comparison
Gross Margin
81.4%
EBITDA Margin
92.9%
Operating Margin
63.1%
Net Margin
41.4%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
NNN REIT, Inc. EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NNN REIT, Inc. EBITDA Margin FAQ
- What is the EBITDA margin for NNN REIT, Inc. (NNN)?
- The EBITDA margin for NNN stock is 92.90%.
- Is NNN REIT, Inc.'s EBITDA margin high or low?
- NNN REIT, Inc.'s EBITDA margin of 92.90% is in line with its 5-year average of 91.16%, near the high end of its 5-year range (83.98%–95.99%).
- What is the TTM average EBITDA margin for NNN REIT, Inc. (NNN)?
- The TTM average EBITDA margin for NNN stock is 94.22%.
- What is the 3Y average EBITDA margin for NNN REIT, Inc. (NNN)?
- The 3Y average EBITDA margin for NNN stock is 93.96%.
- What is the 5Y average EBITDA margin for NNN REIT, Inc. (NNN)?
- The 5Y average EBITDA margin for NNN stock is 91.16%.
- What is the 10Y average EBITDA margin for NNN REIT, Inc. (NNN)?
- The 10Y average EBITDA margin for NNN stock is 91.22%.
- What is the 15Y average EBITDA margin for NNN REIT, Inc. (NNN)?
- The 15Y average EBITDA margin for NNN stock is 87.22%.
- What is the 20Y average EBITDA margin for NNN REIT, Inc. (NNN)?
- The 20Y average EBITDA margin for NNN stock is 83.64%.
NNN REIT, Inc. EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2025-12-31 | 92.90% |
| 2024-12-31 | 95.54% |
| 2023-12-31 | 95.99% |
| 2022-12-31 | 91.39% |
| 2021-12-31 | 87.17% |
| 2020-12-31 | 83.98% |
| 2019-12-31 | 90.76% |
| 2018-12-31 | 93.59% |
| 2017-12-31 | 93.72% |
| 2016-12-31 | 90.88% |
| 2015-12-31 | 87.52% |
| 2014-12-31 | 87.70% |
| 2013-12-31 | 86.54% |
| 2012-12-31 | 79.98% |
| 2011-12-31 | 70.50% |
| 2010-12-31 | 67.39% |
| 2009-12-31 | 65.18% |
| 2008-12-31 | 83.82% |
| 2007-12-31 | 82.68% |
| 2006-12-31 | 70.37% |
| 2005-12-31 | 58.74% |
| 2004-12-31 | 130.45% |
| 2003-12-31 | 128.50% |
| 2002-12-31 | 126.57% |
| 2001-12-31 | 139.10% |
| 2000-12-31 | 120.87% |
| 1999-12-31 | 70.95% |
| 1998-12-31 | 84.29% |
| 1997-12-31 | 90.98% |
| 1996-12-31 | 125.87% |
Related Metrics
About NNN REIT, Inc.
NNN REIT primarily allocates capital to top-tier retail real estate, generally held under extended net lease contracts. As of September 30, 2020, their holdings encompassed 3,114 properties spanning 48 U.S. states. These assets collectively accounted for roughly 32.4 million square feet of gross leasable area, with an average remaining lease duration of 10.7 years.
- Sector
- Real Estate
- Industry
- REIT - Retail
- CEO
- Stephen A. Horn Jr.