NNN REIT (STU:CZ2) FCF Margin %: 57.95% (As of Jun. 2026) — 22% Below Median

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STU:CZ2 NNN REIT Inc STU:CZ2
80 GF Score
Price €40.47
GF Value €39.72
Valuation Fairly Valued
! 7 Warning Signs
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What is NNN REIT FCF Margin %?

NNN REIT STU:CZ2 -0.57% 80 FCF Margin % is 57.95% as of Jun. 2026, which is 22% below its 10-year median of 74.38. GuruFocus rates STU:CZ2 with a GF Score™ of 80/100 and a GF Value™ of €39.72 (Fairly Valued). The stock has 7 warning signs investors should review. Among 930 REITs companies, NNN REIT ranks better than 78.71% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. NNN REIT's Free Cash Flow for the three months ended in Jun. 2026 was €122.9 Mil. NNN REIT's Revenue for the three months ended in Jun. 2026 was €212.0 Mil. Therefore, NNN REIT's FCF Margin % for the quarter that ended in Jun. 2026 was 57.95%.

As of today, NNN REIT's current FCF Yield % is 7.49%.

The historical rank and industry rank for NNN REIT's FCF Margin % or its related term are showing as below:

STU:CZ2' s FCF Margin % Range Over the Past 10 Years
Min: 68.14   Med: 74.38   Max: 78.25
Current: 70.56


During the past 13 years, the highest FCF Margin % of NNN REIT was 78.25%. The lowest was 68.14%. And the median was 74.38%.

STU:CZ2's FCF Margin % is ranked better than
78.71% of 930 companies
in the REITs industry
Industry Median: 40.64 vs STU:CZ2: 70.56


NNN REIT FCF Margin % Related Terms


NNN REIT FCF Margin % Historical Data

* Premium members only.

The historical data trend for NNN REIT's FCF 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 FCF Margin % Chart

NNN REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.25 74.81 73.95 73.11 72.03

NNN REIT Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
FCF 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 52.65 94.83 52.92 77.79 57.95

STU:CZ2 vs ADC, BRX, FRT: FCF Margin % Comparison

For the REIT - Retail subindustry, NNN REIT's FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs REITs Industry

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

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


STU:CZ2
80GF Score
NNN REIT Inc STU:CZ2
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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NNN REIT FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

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

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=569.73/790.986
=72.03 %

NNN REIT's FCF Margin for the quarter that ended in Jun. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=122.864/212.023
=57.95 %

* 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 FCF Margin % →
What does a FCF Margin % of 57.95% mean?
NNN REIT (STU:CZ2) has a FCF Margin % of 57.95% as of Jun. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on NNN REIT and its competitors. This is 22% below median its historical median of 74.38. Over the past decade, NNN REIT's FCF Margin % has ranged from 68.14 to 78.25. According to the industry distribution chart, NNN REIT ranks #198 out of 930 companies in the REITs industry, placing it in the top 21.3%.
Is NNN REIT's FCF Margin % too high?
NNN REIT's current FCF Margin % of 57.95% is 22% below median its 10-year median of 74.38. Over the past 10 years, this metric has ranged from a low of 68.14 to a high of 78.25. The REITs industry median FCF Margin % is 40.64. NNN REIT's value of 57.95% is 42.6% above this industry median. Based on the distribution chart, NNN REIT ranks #198 out of 930 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 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NNN REIT's FCF Margin % compare to ADC and BRX?
According to the REITs industry distribution chart, NNN REIT ranks #198 out of 930 companies for FCF Margin %. This places NNN REIT in the top 21% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 40.64. NNN REIT's value of 57.95% is 42.6% above this benchmark. Historically, NNN REIT's own FCF Margin % has ranged from 68.14 to 78.25 over the past decade. While the company's 10-year median is 74.38 vs. the industry median of 40.64, 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 FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 40.64, based on 930 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NNN REIT's current FCF Margin % of 57.95% is 42.6% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on NNN REIT and its competitors. For the REITs industry, the median FCF Margin % is 40.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NNN REIT's current FCF Margin % is 57.95%, which is 22% below median its own 10-year median of 74.38. 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 €39.72, compared to a current price of €40.47 — trading 1.9% above its estimated fair value. The current FCF Margin % is 57.95%, which is 22% below median its 10-year median of 74.38 and 42.6% above the REITs industry median of 40.64. NNN REIT's overall GF Score™ is 80/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For NNN REIT (STU:CZ2), the current FCF Margin % is 57.95% as of Jun. 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 €40.47 is trading 1.9% above its estimated GF Value™ of €39.72. GuruFocus considers NNN REIT to be Fairly Valued.

Key valuation signals for STU:CZ2:

  • FCF Margin %: 57.95% (22% below median its 10-year median of 74.38)
  • GF Value™: €39.72 vs. price of €40.47 (1.9% above fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 42.6% above the REITs median (#198 of 930)

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.
80GF Score

Get the complete analysis for STU:CZ2

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

€40.47
Price
€39.72
GF Value