National Financial Statements From 2010 to 2025

NNN Stock  USD 39.69  0.29  0.74%   
National Retail financial statements provide useful quarterly and yearly information to potential National Retail Properties investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on National Retail financial statements helps investors assess National Retail's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting National Retail's valuation are summarized below:
Gross Profit
837.6 M
Profit Margin
0.4563
Market Capitalization
7.4 B
Enterprise Value Revenue
13.4273
Revenue
867 M
We have found one hundred twenty available fundamental ratios for National Retail, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check National Retail's last-minute fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. As of the 31st of January 2025, Market Cap is likely to grow to about 7.6 B. Also, Enterprise Value is likely to grow to about 11.3 B

National Retail Total Revenue

999.94 Million

Check National Retail financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National Retail's main balance sheet or income statement drivers, such as Interest Expense of 197.9 M, Total Revenue of 999.9 M or Gross Profit of 965.7 M, as well as many indicators such as Price To Sales Ratio of 6.58, Dividend Yield of 0.0811 or PTB Ratio of 1.01. National financial statements analysis is a perfect complement when working with National Retail Valuation or Volatility modules.
  
Check out the analysis of National Retail Correlation against competitors.

National Retail Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets10.5 B10 B6.4 B
Slightly volatile
Total Stockholder EquityB4.8 B3.5 B
Slightly volatile
Common Stock Shares Outstanding219.4 M208.9 M145.4 M
Slightly volatile
Liabilities And Stockholders Equity10.5 B10 B6.4 B
Slightly volatile
Other Stockholder EquityB5.7 B3.7 B
Slightly volatile
Property Plant And Equipment Net10.3 B9.8 B5.3 B
Slightly volatile
Non Current Assets Total10.4 B9.9 B6.3 B
Slightly volatile
Net Receivables25.7 M44 M33.5 M
Slightly volatile
Total Current Assets105.5 M58.9 M114.6 M
Pretty Stable
Short and Long Term Debt Total5.3 BB2.9 B
Slightly volatile
Net Debt5.3 BB2.7 B
Slightly volatile
Non Current Liabilities Total5.2 BB2.7 B
Slightly volatile
Total Liabilities5.4 B5.2 B2.9 B
Slightly volatile
Total Current Liabilities234.9 M191.3 M173.3 M
Pretty Stable
Cash1.3 M1.4 M55.4 M
Pretty Stable
Cash And Short Term Investments1.3 M1.4 M58.4 M
Very volatile
Common Stock Total Equity2.2 M2.1 M1.5 M
Slightly volatile
Property Plant And Equipment Gross3.9 B3.7 B3.1 B
Slightly volatile
Common Stock2.2 M2.1 M1.5 M
Slightly volatile
Short Term Debt112.9 M118.8 M382.1 M
Slightly volatile
Other Liabilities66 M95.1 M82.3 M
Pretty Stable
Long Term Debt5.1 B4.9 B2.7 B
Slightly volatile
Preferred Stock Total Equity318.3 M396.8 M423.7 M
Very volatile
Net Tangible Assets3.5 B4.7 B3.2 B
Slightly volatile
Long Term Debt Total2.8 B4.3 B2.6 B
Slightly volatile
Capital SurpluseB5.7 B3.7 B
Slightly volatile
Long Term Investments4.8 MM33.1 M
Slightly volatile
Non Current Liabilities Other74 M98.6 M91 M
Very volatile
Short and Long Term Debt112.9 M118.8 MB
Slightly volatile
Cash And Equivalents2.1 M2.3 M164.2 M
Slightly volatile
Net Invested Capital7.9 B9.8 B6.8 B
Slightly volatile
Capital Stock1.6 M1.6 M400.6 M
Slightly volatile

National Retail Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue999.9 M952.3 M582.9 M
Slightly volatile
Gross Profit965.7 M919.7 M558.4 M
Slightly volatile
Other Operating Expenses329.7 M314 M217.4 M
Slightly volatile
Operating Income670.3 M638.4 M363.5 M
Slightly volatile
EBIT670.3 M638.4 M394.7 M
Slightly volatile
EBITDA958.4 M912.8 M527.7 M
Slightly volatile
Net Income473.8 M451.2 M219.8 M
Slightly volatile
Income Before Tax473.8 M451.2 M246.7 M
Slightly volatile
Depreciation And Amortization288.1 M274.4 M133 M
Slightly volatile
Selling General Administrative52.8 M50.3 M36.5 M
Slightly volatile
Cost Of Revenue23.9 M32.6 M24.8 M
Slightly volatile
Net Income Applicable To Common Shares404.1 M384.8 M222.6 M
Slightly volatile
Extraordinary Items106 K111.6 K1.4 M
Slightly volatile
Selling And Marketing Expenses42.1 M40.1 M33 M
Slightly volatile
Discontinued Operations106 K111.6 K2.9 M
Slightly volatile
Net Income From Continuing Ops268.6 M451.2 M244.2 M
Slightly volatile
Non Recurring11.6 M9.6 M10.2 M
Slightly volatile
Interest Income1.2 M1.3 M43.6 M
Slightly volatile
Reconciled Depreciation220.2 M274.4 M194.5 M
Slightly volatile

National Retail Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow7.4 M7.8 M56.6 M
Pretty Stable
Depreciation288.1 M274.4 M162.4 M
Slightly volatile
Dividends Paid488.4 M465.1 M303.5 M
Slightly volatile
Total Cash From Operating Activities739.5 M704.3 M424.3 M
Slightly volatile
Net Income473.8 M451.2 M253.3 M
Slightly volatile
End Period Cash Flow5.6 M5.9 M56.5 M
Pretty Stable
Stock Based Compensation9.2 M14.1 M11.1 M
Slightly volatile
Cash Flows Other Operating30.5 M33.9 M27.2 M
Slightly volatile
Issuance Of Capital Stock190.2 M138.7 M282.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio6.588.4910.1464
Very volatile
Dividend Yield0.08110.05960.0571
Slightly volatile
PTB Ratio1.011.691.6139
Slightly volatile
Days Sales Outstanding35.1819.3928.3973
Slightly volatile
Book Value Per Share14.7120.6522.6294
Very volatile
Operating Cash Flow Per Share1.573.042.5933
Slightly volatile
Average Payables209.5 K269.6 K287.3 K
Pretty Stable
Stock Based Compensation To Revenue0.01450.02020.0208
Pretty Stable
Capex To Depreciation19.5114.8315.883
Slightly volatile
PB Ratio1.011.691.6139
Slightly volatile
EV To Sales9.213.2314.1896
Pretty Stable
ROIC0.07030.0740.0522
Pretty Stable
Net Income Per Share1.041.951.3698
Pretty Stable
Payables Turnover0.230.180.1939
Slightly volatile
Sales General And Administrative To Revenue0.09150.06080.0707
Slightly volatile
Capex To Revenue2.42.82.6624
Slightly volatile
Cash Per Share0.00560.00590.3769
Very volatile
POCF Ratio11.5811.4814.0497
Very volatile
Interest Coverage2.223.052.9676
Slightly volatile
Payout Ratio1.060.931.5496
Pretty Stable
Capex To Operating Cash Flow4.794.774.4804
Slightly volatile
Days Payables Outstanding1.9 K2.1 K1.9 K
Slightly volatile
Income Quality1.151.41.631
Pretty Stable
ROE0.08750.110.0654
Very volatile
EV To Operating Cash Flow17.3317.8819.8423
Pretty Stable
PE Ratio15.6917.9130.1818
Pretty Stable
Return On Tangible Assets0.06070.05230.0408
Pretty Stable
Earnings Yield0.07890.05780.0423
Pretty Stable
Intangibles To Total Assets0.00510.00540.0096
Slightly volatile
Net Debt To EBITDA4.074.944.7179
Slightly volatile
Current Ratio0.260.284.1743
Very volatile
Tangible Book Value Per Share14.6120.4522.2907
Very volatile
Receivables Turnover33.6424.8917.0046
Slightly volatile
Graham Number18.0630.0925.9824
Very volatile
Shareholders Equity Per Share14.5820.6522.6138
Very volatile
Debt To Equity0.550.940.6861
Slightly volatile
Capex Per Share5.769.99.0488
Slightly volatile
Revenue Per Share2.174.113.5981
Slightly volatile
Interest Debt Per Share11.3122.4717.0545
Slightly volatile
Debt To Assets0.310.450.3836
Slightly volatile
Enterprise Value Over EBITDA10.2713.815.9254
Very volatile
Short Term Coverage Ratios3.674.1837.3301
Very volatile
Price Earnings Ratio15.6917.9130.1818
Pretty Stable
Price Book Value Ratio1.011.691.6139
Slightly volatile
Days Of Payables Outstanding1.9 K2.1 K1.9 K
Slightly volatile
Dividend Payout Ratio1.060.931.5496
Pretty Stable
Price To Operating Cash Flows Ratio11.5811.4814.0497
Very volatile
Pretax Profit Margin0.560.540.4427
Very volatile
Ebt Per Ebit0.80.810.6772
Slightly volatile
Operating Profit Margin0.870.770.6682
Very volatile
Company Equity Multiplier1.31.881.6901
Slightly volatile
Long Term Debt To Capitalization0.290.450.3851
Slightly volatile
Total Debt To Capitalization0.320.460.3918
Slightly volatile
Return On Capital Employed0.09810.07510.0684
Pretty Stable
Debt Equity Ratio0.550.940.6861
Slightly volatile
Ebit Per Revenue0.870.770.6682
Very volatile
Quick Ratio0.260.283.8708
Very volatile
Dividend Paid And Capex Coverage Ratio1.431.361.2705
Slightly volatile
Net Income Per E B T1.140.640.8737
Slightly volatile
Cash Ratio0.00610.00642.7218
Very volatile
Operating Cash Flow Sales Ratio0.540.670.7085
Pretty Stable
Days Of Sales Outstanding35.1819.3928.3973
Slightly volatile
Cash Flow Coverage Ratios0.190.160.191
Slightly volatile
Price To Book Ratio1.011.691.6139
Slightly volatile
Fixed Asset Turnover0.08240.086811.8731
Pretty Stable
Capital Expenditure Coverage Ratio0.260.280.2373
Slightly volatile
Price Cash Flow Ratio11.5811.4814.0497
Very volatile
Enterprise Value Multiple10.2713.815.9254
Very volatile
Debt Ratio0.310.450.3836
Slightly volatile
Cash Flow To Debt Ratio0.190.160.191
Slightly volatile
Price Sales Ratio6.588.4910.1464
Very volatile
Return On Assets0.06060.05210.0405
Pretty Stable
Asset Turnover0.110.09560.0958
Very volatile
Net Profit Margin0.580.540.412
Pretty Stable
Gross Profit Margin0.750.870.9311
Pretty Stable
Price Fair Value1.011.691.6139
Slightly volatile
Return On Equity0.08750.110.0654
Very volatile

National Retail Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap7.6 B7.2 B5.9 B
Slightly volatile
Enterprise Value11.3 B10.7 B8.4 B
Slightly volatile

National Fundamental Market Drivers

Forward Price Earnings19.5313
Cash And Short Term Investments1.2 M

National Upcoming Events

8th of February 2024
Upcoming Quarterly Report
View
7th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
8th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About National Retail Financial Statements

National Retail investors utilize fundamental indicators, such as revenue or net income, to predict how National Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Total Revenue952.3 M999.9 M
Cost Of Revenue32.6 M23.9 M
Stock Based Compensation To Revenue 0.02  0.01 
Sales General And Administrative To Revenue 0.06  0.09 
Capex To Revenue 2.80  2.40 
Revenue Per Share 4.11  2.17 
Ebit Per Revenue 0.77  0.87 

Pair Trading with National Retail

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if National Retail position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in National Retail will appreciate offsetting losses from the drop in the long position's value.

Moving together with National Stock

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Moving against National Stock

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The ability to find closely correlated positions to National Retail could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace National Retail when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back National Retail - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling National Retail Properties to buy it.
The correlation of National Retail is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as National Retail moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if National Retail Prop moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for National Retail can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether National Retail Prop offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Retail's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of National Retail Properties Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Retail Properties Stock:
Check out the analysis of National Retail Correlation against competitors.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Retail REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Retail. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Retail listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.1)
Dividend Share
2.275
Earnings Share
2.16
Revenue Per Share
4.753
Quarterly Revenue Growth
0.065
The market value of National Retail Prop is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Retail's value that differs from its market value or its book value, called intrinsic value, which is National Retail's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Retail's market value can be influenced by many factors that don't directly affect National Retail's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Retail's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Retail is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Retail's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.