NNN REIT, Inc. (NNN) Gross Margin: 81.38%
Is NNN REIT, Inc.’s gross margin high or low?
NNN REIT, Inc.'s gross margin of 81.38% is in line with its 5-year average of 86.54%, near the high end of its 5-year range (38.00%–96.60%).
As of Thursday, June 11, 2026. 21.21% above its 12-month average of 67.14%.
NNN Gross Margin Chart
NNN Average Gross Margin Chart
NNN Current vs Average Gross Margin Chart
NNN Gross Margin Metrics
GROSS MARGIN
81.38%
GROSS MARGIN AVG TTM
67.14%
GROSS MARGIN AVG 3Y
81.86%
GROSS MARGIN AVG 5Y
86.54%
GROSS MARGIN AVG 10Y
90.83%
GROSS MARGIN AVG 15Y
91.77%
GROSS MARGIN AVG 20Y
91.76%
CURRENT VS TTM AVG
+21.21%
CURRENT VS 3Y AVG
-0.59%
CURRENT VS 5Y AVG
-5.96%
CURRENT VS 10Y AVG
-10.41%
CURRENT VS 15Y AVG
-11.32%
CURRENT VS 20Y AVG
-11.31%
NNN Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NNN REIT, Inc. (NNN) | $8.91B | 81.38% | 67.14% | 81.86% | 86.54% |
| Agree Realty Corporation (ADC) | $9.14B | 87.64% | 87.80% | 87.76% | 87.69% |
| Federal Realty Investment Trust (FRT) | $10.68B | 53.60% | 38.58% | 52.97% | 57.31% |
| Terreno Realty Corporation (TRNO) | $7.09B | 63.89% | 75.10% | 75.20% | 74.87% |
| VICI Properties Inc. (VICI) | $30.59B | 99.22% | 99.22% | 99.21% | 98.79% |
| Crown Castle Inc. (CCI) | $40.04B | 65.71% | 68.97% | 70.00% | 69.14% |
| Public Storage (PSA) | $56.58B | 60.63% | 49.08% | 61.90% | 65.14% |
| Realty Income Corporation (O) | $58.04B | 68.62% | 91.32% | 92.03% | 92.56% |
| Digital Realty Trust, Inc. (DLR) | $63.56B | 25.12% | 55.02% | 54.90% | 56.77% |
| Simon Property Group, Inc. (SPG) | $69.34B | 85.24% | 84.11% | 82.78% | 82.15% |
Gross Margin Analysis
Gross Margin
81.4%
(Revenue - COGS) / Revenue
NNN REIT, Inc. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NNN REIT, Inc. Gross Margin FAQ
- What is the gross margin for NNN REIT, Inc. (NNN)?
- The gross margin for NNN stock is 81.38%.
- Is NNN REIT, Inc.'s gross margin high or low?
- NNN REIT, Inc.'s gross margin of 81.38% is in line with its 5-year average of 86.54%, near the high end of its 5-year range (38.00%–96.60%).
- What is the TTM average gross margin for NNN REIT, Inc. (NNN)?
- The TTM average gross margin for NNN stock is 67.14%.
- What is the 3Y average gross margin for NNN REIT, Inc. (NNN)?
- The 3Y average gross margin for NNN stock is 81.86%.
- What is the 5Y average gross margin for NNN REIT, Inc. (NNN)?
- The 5Y average gross margin for NNN stock is 86.54%.
- What is the 10Y average gross margin for NNN REIT, Inc. (NNN)?
- The 10Y average gross margin for NNN stock is 90.83%.
- What is the 15Y average gross margin for NNN REIT, Inc. (NNN)?
- The 15Y average gross margin for NNN stock is 91.77%.
- What is the 20Y average gross margin for NNN REIT, Inc. (NNN)?
- The 20Y average gross margin for NNN stock is 91.76%.
NNN REIT, Inc. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 38.00% |
| 2024-12-31 | 96.28% |
| 2023-12-31 | 96.57% |
| 2022-12-31 | 96.60% |
| 2021-12-31 | 96.09% |
| 2020-12-31 | 95.71% |
| 2019-12-31 | 95.88% |
| 2018-12-31 | 95.97% |
| 2017-12-31 | 96.05% |
| 2016-12-31 | 96.09% |
| 2015-12-31 | 95.91% |
| 2014-12-31 | 95.65% |
| 2013-12-31 | 95.59% |
| 2012-12-31 | 95.29% |
| 2011-12-31 | 92.25% |
| 2010-12-31 | 90.38% |
| 2009-12-31 | 93.12% |
| 2008-12-31 | 97.89% |
| 2007-12-31 | 97.04% |
| 2006-12-31 | 93.93% |
| 2005-12-31 | 76.63% |
| 2004-12-31 | 83.72% |
| 2003-12-31 | 108.42% |
| 2002-12-31 | 95.62% |
| 2001-12-31 | 100.65% |
| 2000-12-31 | 96.81% |
| 1999-12-31 | 100.00% |
| 1998-12-31 | 101.03% |
| 1997-12-31 | 100.00% |
| 1996-12-31 | 100.09% |
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.