NNN REIT (STU:CZ2) EBITDA Margin %: 90.45% (As of Mar. 2026) — Near Median


STU:CZ2 NNN REIT Inc STU:CZ2
83 GF Score
Price €40.31
GF Value €39.27
Valuation Fairly Valued
! 7 Warning Signs
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What is NNN REIT EBITDA Margin %?

NNN REIT STU:CZ2 +2.26% 83 EBITDA Margin % is 90.45% as of Mar. 2026, which is 2% below its 10-year median of 92.24. GuruFocus rates STU:CZ2 with a GF Score™ of 83/100 and a GF Value™ of €39.27 (Fairly Valued). The stock has 7 warning signs investors should review. Among 750 REITs companies, NNN REIT ranks better than 75.6% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. NNN REIT's EBITDA for the three months ended in Mar. 2026 was €188.1 Mil. NNN REIT's Revenue for the three months ended in Mar. 2026 was €208.0 Mil. Therefore, NNN REIT's EBITDA margin for the quarter that ended in Mar. 2026 was 90.45%.


NNN REIT  (STU:CZ2) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


NNN REIT EBITDA Margin % Related Terms


NNN REIT EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for NNN REIT's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NNN REIT EBITDA Margin % Chart

NNN REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.17 91.39 95.99 95.54 93.09

NNN REIT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 90.45 96.19 94.49 91.34 90.45

STU:CZ2 vs ADC, BRX, EPRT: EBITDA Margin % Comparison

For the REIT - Retail subindustry, NNN REIT's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NNN REIT EBITDA Margin % vs REITs Industry

For the REITs industry and Real Estate sector, NNN REIT's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where NNN REIT's EBITDA Margin % falls into.


STU:CZ2
83GF Score
NNN REIT Inc STU:CZ2
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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NNN REIT EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

NNN REIT's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=736.294/790.986
=93.09 %

NNN REIT's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=188.115/207.967
=90.45 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 90.45% mean?
NNN REIT (STU:CZ2) has a EBITDA Margin % of 90.45% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on NNN REIT and its competitors. This is near median its historical median of 92.24. Over the past decade, NNN REIT's EBITDA Margin % has ranged from 83.98 to 95.99. According to the industry distribution chart, NNN REIT ranks #183 out of 750 companies in the REITs industry, placing it in the top 24.4%.
Is NNN REIT's EBITDA Margin % too high?
NNN REIT's current EBITDA Margin % of 90.45% is near median its 10-year median of 92.24. Over the past 10 years, this metric has ranged from a low of 83.98 to a high of 95.99. The REITs industry median EBITDA Margin % is 69.61. NNN REIT's value of 90.45% is 29.9% above this industry median. Based on the distribution chart, NNN REIT ranks #183 out of 750 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, NNN REIT has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NNN REIT's EBITDA Margin % compare to ADC and BRX?
According to the REITs industry distribution chart, NNN REIT ranks #183 out of 750 companies for EBITDA Margin %. This places NNN REIT in the top 24% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 69.61. NNN REIT's value of 90.45% is 29.9% above this benchmark. Historically, NNN REIT's own EBITDA Margin % has ranged from 83.98 to 95.99 over the past decade. While the company's 10-year median is 92.24 vs. the industry median of 69.61, NNN REIT has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a REITs company?
The median EBITDA Margin % among REITs companies is 69.61, based on 750 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NNN REIT's current EBITDA Margin % of 90.45% is 29.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on NNN REIT and its competitors. For the REITs industry, the median EBITDA Margin % is 69.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NNN REIT's current EBITDA Margin % is 90.45%, which is near median its own 10-year median of 92.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NNN REIT stock overvalued right now?
Based on GuruFocus' analysis, NNN REIT (STU:CZ2) is currently considered Fairly Valued. The stock's GF Value™ is €39.27, compared to a current price of €40.31 — trading 2.6% above its estimated fair value. The current EBITDA Margin % is 90.45%, which is near median its 10-year median of 92.24 and 29.9% above the REITs industry median of 69.61. NNN REIT's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For NNN REIT (STU:CZ2), the current EBITDA Margin % is 90.45% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NNN REIT (STU:CZ2) Overvalued in 2026?

Based on GuruFocus' analysis, NNN REIT stock appears to be overvalued. The current stock price of €40.31 is trading 2.6% above its estimated GF Value™ of €39.27. GuruFocus considers NNN REIT to be Fairly Valued.

Key valuation signals for STU:CZ2:

  • EBITDA Margin %: 90.45% (near median its 10-year median of 92.24)
  • GF Value™: €39.27 vs. price of €40.31 (2.6% above fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 29.9% above the REITs median (#183 of 750)

No single metric tells the full story. See the STU:CZ2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NNN REIT Business Description

Industry Real EstateREITs
Address 450 South Orange Avenue, Suite 900, Orlando, FL, USA, 32801
NNN REIT Inc is a real estate investment trust that acquires, owns, invests in, and develops high-quality properties mainly leased under long-term net leases with minimal capital expenditure requirements. The company focuses mainly on retail properties, with a portfolio including convenience stores, automotive service properties, restaurants, theatres, entertainment venues, dealerships, and other retail-related assets. Primary business objectives emphasize retail properties, and it may invest in a wide variety of property and tenant types, leases, mortgages, loans secured by personal property, loans secured by partnership or membership interests, and securities of other REITs or other issuers.
83GF Score

Get the complete analysis for STU:CZ2

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€40.31
Price
€39.27
GF Value