NNN REIT, Inc. (NNN) PE Ratio: 22.72
Is NNN REIT, Inc.’s P/E ratio high or low?
NNN REIT, Inc.'s P/E ratio of 22.72 is in line with its 5-year average of 23.48, near the low end of its 5-year range (17.00–42.89).
As of Thursday, June 11, 2026. 11.36% above its 12-month average of 20.40.
PE Ratio (22.72) = Close Price ($46.30) / Diluted TTM EPS ($2.04)
NNN PE Ratio Chart
NNN Average PE Ratio Chart
NNN Current vs Average PE Ratio Chart
NNN PE Ratio Metrics
PE RATIO
22.72
PE RATIO AVG TTM
20.40
PE RATIO AVG 3Y
19.90
PE RATIO AVG 5Y
23.48
PE RATIO AVG 10Y
27.42
PE RATIO AVG 15Y
28.62
PE RATIO AVG 20Y
27.09
CURRENT VS TTM AVG
+11.36%
CURRENT VS 3Y AVG
+14.18%
CURRENT VS 5Y AVG
-3.25%
CURRENT VS 10Y AVG
-17.14%
CURRENT VS 15Y AVG
-20.60%
CURRENT VS 20Y AVG
-16.13%
NNN Competitors' PE Ratio
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NNN REIT, Inc. (NNN) | $8.91B | 22.72 | 20.40 | 19.90 | 23.48 |
| Agree Realty Corporation (ADC) | $9.14B | 40.82 | 42.37 | 39.15 | 39.14 |
| Terreno Realty Corporation (TRNO) | $7.09B | 16.36 | 20.73 | 28.65 | 36.97 |
| Federal Realty Investment Trust (FRT) | $10.77B | 21.47 | 24.05 | 27.93 | 31.79 |
| VICI Properties Inc. (VICI) | $30.27B | 9.62 | 11.46 | 12.44 | 16.08 |
| Crown Castle Inc. (CCI) | $40.04B | 38.59 | 69.63 | 37.46 | 46.62 |
| Public Storage (PSA) | $56.58B | 33.42 | 30.55 | 27.00 | 28.15 |
| Realty Income Corporation (O) | $58.04B | 50.91 | 54.45 | 50.28 | 54.51 |
| Digital Realty Trust, Inc. (DLR) | $63.56B | 47.57 | 62.67 | 76.45 | 67.36 |
| Simon Property Group, Inc. (SPG) | $69.34B | 14.83 | 23.25 | 21.51 | 21.55 |
P/E vs. its own history
At 22.7, P/E is cheaper than usual, sitting higher than 35% of its 20-year history.
20-year low
6.5
median
28.1
20-year high
76.9
P/E Comparison
Trailing P/E
22.7
Forward P/E
22.9
Forward P/E Calculation
View All Analyst EstimatesForward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$46.30
Forward EPS (Est.)
$2.02
Forward P/E
22.89
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
NNN REIT, Inc. PE Ratio Formula & Definition
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NNN REIT, Inc. PE Ratio FAQ
- What is the P/E ratio for NNN REIT, Inc. (NNN)?
- The P/E ratio for NNN stock is 22.72.
- Is NNN REIT, Inc.'s P/E ratio high or low?
- NNN REIT, Inc.'s P/E ratio of 22.72 is in line with its 5-year average of 23.48, near the low end of its 5-year range (17.00–42.89).
- What is the TTM average P/E ratio for NNN REIT, Inc. (NNN)?
- The TTM average P/E ratio for NNN stock is 20.40.
- What is the 3Y average P/E ratio for NNN REIT, Inc. (NNN)?
- The 3Y average P/E ratio for NNN stock is 19.90.
- What is the 5Y average P/E ratio for NNN REIT, Inc. (NNN)?
- The 5Y average P/E ratio for NNN stock is 23.48.
- What is the 10Y average P/E ratio for NNN REIT, Inc. (NNN)?
- The 10Y average P/E ratio for NNN stock is 27.42.
- What is the 15Y average P/E ratio for NNN REIT, Inc. (NNN)?
- The 15Y average P/E ratio for NNN stock is 28.62.
- What is the 20Y average P/E ratio for NNN REIT, Inc. (NNN)?
- The 20Y average P/E ratio for NNN stock is 27.09.
NNN REIT, Inc. PE Ratio History
| DATE | PE RATIO |
|---|---|
| 2026-06-11 | 22.72 |
| 2026-06-10 | 22.48 |
| 2026-06-09 | 22.33 |
| 2026-06-08 | 21.85 |
| 2026-06-05 | 21.83 |
| 2026-06-04 | 21.35 |
| 2026-06-03 | 21.45 |
| 2026-06-02 | 21.27 |
| 2026-06-01 | 20.98 |
| 2026-05-29 | 21.61 |
| 2026-05-28 | 21.77 |
| 2026-05-27 | 21.77 |
| 2026-05-26 | 21.87 |
| 2026-05-22 | 21.84 |
| 2026-05-21 | 21.83 |
| 2026-05-20 | 21.99 |
| 2026-05-19 | 21.77 |
| 2026-05-18 | 21.52 |
| 2026-05-15 | 21.22 |
| 2026-05-14 | 21.23 |
| 2026-05-13 | 21.34 |
| 2026-05-12 | 21.60 |
| 2026-05-11 | 21.50 |
| 2026-05-08 | 21.53 |
| 2026-05-07 | 21.61 |
| 2026-05-06 | 21.70 |
| 2026-05-05 | 21.56 |
| 2026-05-04 | 21.39 |
| 2026-05-01 | 21.33 |
| 2026-04-30 | 21.26 |
| 2026-04-29 | 21.02 |
| 2026-04-28 | 21.28 |
| 2026-04-27 | 21.07 |
| 2026-04-24 | 21.19 |
| 2026-04-23 | 21.39 |
| 2026-04-22 | 21.07 |
| 2026-04-21 | 21.44 |
| 2026-04-20 | 21.79 |
| 2026-04-17 | 21.81 |
| 2026-04-16 | 21.61 |
| 2026-04-15 | 21.40 |
| 2026-04-14 | 21.29 |
| 2026-04-13 | 21.14 |
| 2026-04-10 | 21.30 |
| 2026-04-09 | 21.26 |
| 2026-04-08 | 21.04 |
| 2026-04-07 | 20.90 |
| 2026-04-06 | 20.53 |
| 2026-04-02 | 20.66 |
| 2026-04-01 | 20.51 |
| 2026-03-31 | 20.30 |
| 2026-03-30 | 20.24 |
| 2026-03-27 | 20.26 |
| 2026-03-26 | 20.34 |
| 2026-03-25 | 20.29 |
| 2026-03-24 | 20.46 |
| 2026-03-23 | 20.54 |
| 2026-03-20 | 20.51 |
| 2026-03-19 | 21.37 |
| 2026-03-18 | 21.45 |
| 2026-03-17 | 21.77 |
| 2026-03-16 | 21.85 |
| 2026-03-13 | 21.74 |
| 2026-03-12 | 21.71 |
| 2026-03-11 | 21.79 |
| 2026-03-10 | 21.88 |
| 2026-03-09 | 21.96 |
| 2026-03-06 | 21.80 |
| 2026-03-05 | 21.74 |
| 2026-03-04 | 21.74 |
| 2026-03-03 | 21.95 |
| 2026-03-02 | 22.14 |
| 2026-02-27 | 21.89 |
| 2026-02-26 | 21.73 |
| 2026-02-25 | 21.44 |
| 2026-02-24 | 21.50 |
| 2026-02-23 | 21.53 |
| 2026-02-20 | 21.43 |
| 2026-02-19 | 21.24 |
| 2026-02-18 | 21.05 |
| 2026-02-17 | 21.64 |
| 2026-02-13 | 21.42 |
| 2026-02-12 | 21.08 |
| 2026-02-11 | 20.81 |
| 2026-02-10 | 20.82 |
| 2026-02-09 | 20.60 |
| 2026-02-06 | 20.63 |
| 2026-02-05 | 20.62 |
| 2026-02-04 | 20.28 |
| 2026-02-03 | 20.15 |
| 2026-02-02 | 19.93 |
| 2026-01-30 | 20.03 |
| 2026-01-29 | 20.11 |
| 2026-01-28 | 19.89 |
| 2026-01-27 | 20.27 |
| 2026-01-26 | 20.28 |
| 2026-01-23 | 20.32 |
| 2026-01-22 | 20.25 |
| 2026-01-21 | 20.54 |
| 2026-01-20 | 20.52 |
| 2026-01-16 | 20.50 |
| 2026-01-15 | 20.29 |
| 2026-01-14 | 20.17 |
| 2026-01-13 | 20.01 |
| 2026-01-12 | 19.84 |
| 2026-01-09 | 19.73 |
| 2026-01-08 | 19.80 |
| 2026-01-07 | 19.47 |
| 2026-01-06 | 19.40 |
| 2026-01-05 | 19.20 |
| 2026-01-02 | 19.00 |
| 2025-12-31 | 19.05 |
| 2025-12-30 | 19.15 |
| 2025-12-29 | 19.01 |
| 2025-12-26 | 19.00 |
| 2025-12-24 | 19.00 |
| 2025-12-23 | 18.77 |
| 2025-12-22 | 19.00 |
| 2025-12-19 | 19.12 |
| 2025-12-18 | 19.26 |
| 2025-12-17 | 19.56 |
| 2025-12-16 | 19.26 |
| 2025-12-15 | 19.44 |
| 2025-12-12 | 19.46 |
| 2025-12-11 | 19.15 |
| 2025-12-10 | 19.08 |
| 2025-12-09 | 18.89 |
| 2025-12-08 | 19.10 |
| 2025-12-05 | 19.33 |
| 2025-12-04 | 19.54 |
| 2025-12-03 | 19.76 |
| 2025-12-02 | 19.52 |
| 2025-12-01 | 19.66 |
| 2025-11-28 | 19.88 |
| 2025-11-26 | 19.75 |
| 2025-11-25 | 19.71 |
| 2025-11-24 | 19.64 |
| 2025-11-21 | 19.69 |
| 2025-11-20 | 19.42 |
| 2025-11-19 | 19.53 |
| 2025-11-18 | 19.79 |
| 2025-11-17 | 19.73 |
| 2025-11-14 | 19.83 |
| 2025-11-13 | 19.73 |
| 2025-11-12 | 19.65 |
| 2025-11-11 | 19.91 |
| 2025-11-10 | 19.48 |
| 2025-11-07 | 19.56 |
| 2025-11-06 | 19.06 |
| 2025-11-05 | 19.15 |
| 2025-11-04 | 19.14 |
| 2025-11-03 | 19.47 |
| 2025-10-31 | 19.27 |
| 2025-10-30 | 19.45 |
| 2025-10-29 | 19.58 |
| 2025-10-28 | 19.80 |
| 2025-10-27 | 20.10 |
| 2025-10-24 | 20.07 |
| 2025-10-23 | 20.13 |
| 2025-10-22 | 20.12 |
| 2025-10-21 | 20.08 |
| 2025-10-20 | 20.34 |
| 2025-10-17 | 20.36 |
| 2025-10-16 | 20.13 |
| 2025-10-15 | 20.30 |
| 2025-10-14 | 20.10 |
| 2025-10-13 | 20.12 |
| 2025-10-10 | 19.85 |
| 2025-10-09 | 19.98 |
| 2025-10-08 | 20.00 |
| 2025-10-07 | 20.11 |
| 2025-10-06 | 20.19 |
| 2025-10-03 | 20.39 |
| 2025-10-02 | 20.43 |
| 2025-10-01 | 20.47 |
| 2025-09-30 | 20.27 |
| 2025-09-29 | 20.06 |
| 2025-09-26 | 20.18 |
| 2025-09-25 | 20.01 |
| 2025-09-24 | 20.00 |
| 2025-09-23 | 20.05 |
| 2025-09-22 | 19.90 |
| 2025-09-19 | 20.06 |
| 2025-09-18 | 20.13 |
| 2025-09-17 | 20.27 |
| 2025-09-16 | 20.26 |
| 2025-09-15 | 20.46 |
| 2025-09-12 | 20.49 |
| 2025-09-11 | 20.61 |
| 2025-09-10 | 20.32 |
| 2025-09-09 | 20.32 |
| 2025-09-08 | 20.48 |
| 2025-09-05 | 20.64 |
| 2025-09-04 | 20.18 |
| 2025-09-03 | 20.25 |
| 2025-09-02 | 20.06 |
| 2025-08-29 | 20.43 |
| 2025-08-28 | 20.09 |
| 2025-08-27 | 20.19 |
| 2025-08-26 | 19.97 |
| 2025-08-25 | 20.01 |
| 2025-08-22 | 20.20 |
| 2025-08-21 | 20.06 |
| 2025-08-20 | 20.14 |
| 2025-08-19 | 19.82 |
| 2025-08-18 | 19.37 |
| 2025-08-15 | 19.68 |
| 2025-08-14 | 19.59 |
| 2025-08-13 | 19.81 |
| 2025-08-12 | 19.83 |
| 2025-08-11 | 19.80 |
| 2025-08-08 | 19.92 |
| 2025-08-07 | 19.97 |
| 2025-08-06 | 19.69 |
| 2025-08-05 | 19.99 |
| 2025-08-04 | 20.12 |
| 2025-08-01 | 19.64 |
| 2025-07-31 | 19.28 |
| 2025-07-30 | 19.67 |
| 2025-07-29 | 19.92 |
| 2025-07-28 | 19.66 |
| 2025-07-25 | 19.97 |
| 2025-07-24 | 19.96 |
| 2025-07-23 | 20.18 |
| 2025-07-22 | 20.26 |
| 2025-07-21 | 20.01 |
| 2025-07-18 | 19.98 |
| 2025-07-17 | 19.97 |
| 2025-07-16 | 20.16 |
| 2025-07-15 | 20.04 |
| 2025-07-14 | 20.61 |
| 2025-07-11 | 20.17 |
| 2025-07-10 | 20.15 |
| 2025-07-09 | 20.04 |
| 2025-07-08 | 20.19 |
| 2025-07-07 | 20.25 |
| 2025-07-03 | 20.33 |
| 2025-07-02 | 20.41 |
| 2025-07-01 | 20.36 |
| 2025-06-30 | 20.18 |
| 2025-06-27 | 20.04 |
| 2025-06-26 | 20.15 |
| 2025-06-25 | 20.00 |
| 2025-06-24 | 20.09 |
| 2025-06-23 | 20.29 |
| 2025-06-20 | 19.86 |
| 2025-06-18 | 19.95 |
| 2025-06-17 | 19.81 |
| 2025-06-16 | 19.63 |
| 2025-06-13 | 19.82 |
| 2025-06-12 | 19.88 |
| 2025-06-11 | 19.85 |
| 2025-06-10 | 19.86 |
| 2025-06-09 | 19.74 |
| 2025-06-06 | 19.48 |
| 2025-06-05 | 19.30 |
| 2025-06-04 | 19.35 |
| 2025-06-03 | 19.42 |
| 2025-06-02 | 19.53 |
| 2025-05-30 | 19.51 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
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.