NNN REIT, Inc. (NNN) FCF Payout Ratio: 69.18%
Is NNN REIT, Inc.’s FCF payout ratio high or low?
NNN REIT, Inc.'s FCF payout ratio of 69.18% is in line with its 5-year average of 69.13%, near the low end of its 5-year range (65.80%–83.15%).
4.37% above its 12-month average of 66.28%.
NNN FCF Payout Ratio Chart
NNN Average FCF Payout Ratio Chart
NNN Current vs Average FCF Payout Ratio Chart
NNN FCF Payout Ratio Metrics
FCF PAYOUT RATIO
69.18%
FCF PAYOUT RATIO AVG TTM
66.28%
FCF PAYOUT RATIO AVG 3Y
66.10%
FCF PAYOUT RATIO AVG 5Y
69.13%
FCF PAYOUT RATIO AVG 10Y
71.13%
FCF PAYOUT RATIO AVG 15Y
73.09%
FCF PAYOUT RATIO AVG 20Y
76.31%
CURRENT VS TTM AVG
+4.37%
CURRENT VS 3Y AVG
+4.66%
CURRENT VS 5Y AVG
+0.07%
CURRENT VS 10Y AVG
-2.74%
CURRENT VS 15Y AVG
-5.35%
CURRENT VS 20Y AVG
-9.35%
Payout Ratio Comparison
FCF Payout Ratio
69.2%
Earnings Payout Ratio
115.9%
Dividend Yield
5.18%
FCF Yield
7.34%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $667.13M | $443.20M | 66.4% |
| 2024 | $635.50M | $420.24M | 66.1% |
| 2023 | $612.41M | $404.46M | 66.0% |
| 2022 | $578.36M | $380.54M | 65.8% |
| 2021 | $568.42M | $382.29M | 67.3% |
| 2020 | $450.19M | $374.35M | 83.2% |
| 2019 | $501.73M | $364.83M | 72.7% |
| 2018 | $471.91M | $337.49M | 71.5% |
| 2017 | $421.56M | $315.05M | 74.7% |
| 2016 | $415.34M | $295.63M | 71.2% |
| 2015 | $341.10M | $264.13M | 77.4% |
| 2014 | $296.73M | $239.59M | 80.7% |
| 2013 | $274.42M | $217.03M | 79.1% |
| 2012 | $228.13M | $184.92M | 81.1% |
| 2011 | ($575.43M) | $140.50M | N/A (Loss) |
| 2010 | ($43.01M) | $133.04M | N/A (Loss) |
| 2009 | $105.07M | $127.59M | 121.4% |
| 2008 | ($115.87M) | $116.89M | N/A (Loss) |
| 2007 | ($547.47M) | $92.99M | N/A (Loss) |
| 2006 | ($333.99M) | $80.83M | N/A (Loss) |
| 2005 | ($236.87M) | $74.70M | N/A (Loss) |
| 2004 | ($59.77M) | $71.95M | N/A (Loss) |
| 2003 | ($161.41M) | $59.98M | N/A (Loss) |
| 2002 | $15.35M | $55.18M | 359.6% |
| 2001 | $18.17M | $38.64M | 212.6% |
| 2000 | $46.20M | $37.76M | 81.7% |
| 1999 | ($30.09M) | $37.49M | N/A (Loss) |
| 1998 | $11.69M | $35.67M | 305.2% |
| 1997 | ($150.12M) | $28.38M | N/A (Loss) |
| 1996 | ($122.72M) | $18.87M | N/A (Loss) |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
NNN REIT, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NNN REIT, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for NNN REIT, Inc. (NNN)?
- The FCF payout ratio for NNN stock is 69.18%.
- Is NNN REIT, Inc.'s FCF payout ratio high or low?
- NNN REIT, Inc.'s FCF payout ratio of 69.18% is in line with its 5-year average of 69.13%, near the low end of its 5-year range (65.80%–83.15%).
- What is the TTM average FCF payout ratio for NNN REIT, Inc. (NNN)?
- The TTM average FCF payout ratio for NNN stock is 66.28%.
- What is the 3Y average FCF payout ratio for NNN REIT, Inc. (NNN)?
- The 3Y average FCF payout ratio for NNN stock is 66.10%.
- What is the 5Y average FCF payout ratio for NNN REIT, Inc. (NNN)?
- The 5Y average FCF payout ratio for NNN stock is 69.13%.
- What is the 10Y average FCF payout ratio for NNN REIT, Inc. (NNN)?
- The 10Y average FCF payout ratio for NNN stock is 71.13%.
- What is the 15Y average FCF payout ratio for NNN REIT, Inc. (NNN)?
- The 15Y average FCF payout ratio for NNN stock is 73.09%.
- What is the 20Y average FCF payout ratio for NNN REIT, Inc. (NNN)?
- The 20Y average FCF payout ratio for NNN stock is 76.31%.
NNN REIT, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 66.43% |
| 2024-12-31 | 66.13% |
| 2023-12-31 | 66.04% |
| 2022-12-31 | 65.80% |
| 2021-12-31 | 67.25% |
| 2020-12-31 | 83.15% |
| 2019-12-31 | 72.72% |
| 2018-12-31 | 71.52% |
| 2017-12-31 | 74.73% |
| 2016-12-31 | 71.18% |
| 2015-12-31 | 77.44% |
| 2014-12-31 | 80.74% |
| 2013-12-31 | 79.09% |
| 2012-12-31 | 81.06% |
| 2009-12-31 | 121.44% |
| 2002-12-31 | 359.62% |
| 2001-12-31 | 212.62% |
| 2000-12-31 | 81.73% |
| 1998-12-31 | 305.20% |
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.