NNN - National Retail Properties, Inc.
NYSE
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Real Estate
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REIT—Retail
Orlando,
United States
Type: Equity
NNN price evolution
NNN
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $16.8 | $1.13 | $5.16 | $98.26 |
| Short term investments | ||||
| Net receivables | $2.55 | $3.57 | $3.65 | $2.14 |
| Inventory | ||||
| Total current assets | $4.68 | $4.7 | $4.84 | $79.28 |
| Long term investments | ||||
| Property, plant & equipment | $8586.94 | $8586.86 | $8535.85 | $8346.06 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | ||||
| Total assets | $8727.3 | $8705.74 | $8661.97 | $8561.31 |
| Current liabilities | ||||
| Accounts payable | ||||
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $30.93 | $75.49 | $34.37 | $60.77 |
| Long term debt | $4382.81 | $4346.13 | $4360.54 | $4227.16 |
| Total noncurrent liabilities | ||||
| Total debt | $4382.81 | $4346.13 | $4360.54 | $4227.16 |
| Total liabilities | $4532.37 | $4530.88 | $4504.51 | $4403.25 |
| Shareholders' equity | ||||
| Retained earnings | -$810.69 | -$814.2 | -$805.88 | -$799.9 |
| Other shareholder equity | -$8.87 | -$9.48 | -$10.11 | -$10.74 |
| Total shareholder equity | $4194.92 | $4174.86 | $4157.46 | $4158.06 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $5.16 | $6.78 | $171.32 | $267.24 |
| Short term investments | ||||
| Net receivables | $3.65 | $3.61 | $3.15 | $4.34 |
| Inventory | $0.79 | $5.56 | $5.7 | |
| Total current assets | $4.84 | $6.9 | $180.03 | $277.2 |
| Long term investments | ||||
| Property, plant & equipment | $8535.85 | $8020.03 | $7449.85 | $7218.33 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | ||||
| Total assets | $8661.97 | $8146.05 | $7751.05 | $7637.84 |
| Current liabilities | ||||
| Accounts payable | ||||
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $34.37 | $23.83 | $23.92 | $28.3 |
| Long term debt | $4360.54 | $3916.05 | $3746.47 | $3220.92 |
| Total noncurrent liabilities | ||||
| Total debt | $4360.54 | $3916.05 | $3746.47 | $3220.92 |
| Total liabilities | $4504.51 | $4022.54 | $3849.39 | $3318.54 |
| Shareholders' equity | ||||
| Retained earnings | -$805.88 | -$793.76 | -$747.85 | -$644.78 |
| Other shareholder equity | -$10.11 | -$12.58 | -$14.96 | -$16.45 |
| Total shareholder equity | $4157.46 | $4123.5 | $3901.66 | $4319.3 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $216.81 | $215.41 | $216.23 | $205.13 |
| Cost of revenue | ||||
| Gross Profit | $216.81 | $215.41 | $216.23 | $205.13 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $18.55 | $19.74 | $18.77 | $16.68 |
| Total operating expenses | $82.15 | $81.87 | $83.73 | $77.36 |
| Operating income | $134.67 | $133.53 | $132.5 | $127.77 |
| Income from continuing operations | ||||
| EBIT | $153.24 | $138.44 | $140.07 | $148.31 |
| Income tax expense | ||||
| Interest expense | $46.58 | $44.07 | $43.39 | $41.52 |
| Net income | ||||
| Net income | $106.67 | $94.37 | $96.68 | $106.79 |
| Income (for common shares) | $106.67 | $94.37 | $96.68 | $106.79 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $828.11 | $773.05 | $726.41 | $660.68 |
| Cost of revenue | ||||
| Gross Profit | $828.11 | $773.05 | $726.41 | $660.68 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $72.12 | $67.98 | $73.03 | $66.52 |
| Total operating expenses | $320.19 | $307.64 | $300.2 | $302.35 |
| Operating income | $507.92 | $465.41 | $426.2 | $358.33 |
| Income from continuing operations | ||||
| EBIT | $556.24 | $482.69 | $427.99 | $358.23 |
| Income tax expense | ||||
| Interest expense | $163.9 | $148.06 | $137.87 | $129.43 |
| Net income | ||||
| Net income | $392.34 | $334.63 | $290.11 | $228.8 |
| Income (for common shares) | $392.34 | $334.63 | $264.22 | $210.86 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Net income | $106.67 | $94.37 | $96.68 | $106.79 |
| Operating activities | ||||
| Depreciation | $62.5 | $60.62 | $60.08 | $59.52 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | $120.48 | $190.72 | $121.6 | $191.52 |
| Investing activities | ||||
| Capital expenditures | -$41.25 | -$97.47 | -$244.28 | -$147.89 |
| Investments | $0.22 | $0.12 | $0.12 | $0.12 |
| Total cash flows from investing | -$41.62 | -$97.73 | -$244.39 | -$148.16 |
| Financing activities | ||||
| Dividends paid | -$103.16 | -$102.68 | -$102.67 | -$102.65 |
| Sale and purchase of stock | $13.29 | $21.53 | $0.61 | $0.54 |
| Net borrowings | $26.68 | -$15.85 | $131.74 | $151.76 |
| Total cash flows from financing | -$63.19 | -$97.01 | $29.68 | $49.65 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $15.67 | -$4.03 | -$93.11 | $93.01 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $392.34 | $334.63 | $290.11 | $228.8 |
| Operating activities | ||||
| Depreciation | $238.63 | $223.83 | $205.22 | $196.62 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | $612.41 | $578.36 | $568.42 | $450.19 |
| Investing activities | ||||
| Capital expenditures | -$679.46 | -$775.91 | -$430.27 | -$142.69 |
| Investments | $0.56 | $0.52 | $0.49 | $0.37 |
| Total cash flows from investing | -$680.66 | -$777.63 | -$432.18 | -$142.82 |
| Financing activities | ||||
| Dividends paid | -$404.46 | -$380.54 | -$367.29 | -$356.41 |
| Sale and purchase of stock | $31.36 | $250.21 | $3.73 | $124.27 |
| Net borrowings | $439.72 | $165.34 | $491.4 | $208.83 |
| Total cash flows from financing | $66.63 | $34.73 | -$232.16 | -$41.25 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$1.62 | -$164.54 | -$95.91 | $266.12 |
News
Fundamentals
| Market cap | $8.85B |
|---|---|
| Enterprise value | $13.21B |
| Shares outstanding | 183.67M |
| Revenue | $853.58M |
|---|---|
| EBITDA | $822.78M |
| EBIT | $580.07M |
| Net Income | $404.51M |
| Revenue Q/Q | 6.99% |
| Revenue Y/Y | 6.87% |
| P/E ratio | 21.87 |
|---|---|
| EV/Sales | 15.48 |
| EV/EBITDA | 16.06 |
| EV/EBIT | 22.78 |
| P/S ratio | 10.36 |
| P/B ratio | 2.10 |
| Book/Share | 22.89 |
| Cash/Share | 0.09 |
| EPS | $2.20 |
|---|---|
| ROA | 4.67% |
| ROE | 9.70% |
| Debt/Equity | 1.08 |
|---|---|
| Net debt/EBITDA | 5.49 |
| Current ratio | 0.15 |
| Quick ratio | 0.15 |