Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). NNN REIT's share price for the quarter that ended in Dec. 2023 was $43.1. NNN REIT's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 182.5 Mil. Therefore, NNN REIT's market cap for the quarter that ended in Dec. 2023 was $7,864.7 Mil.
NNN REIT's quarterly market cap
declined
from Jun. 2023 ($7,805.2 Mil) to Sep. 2023 ($6,447.4 Mil) but then
increased
from Sep. 2023 ($6,447.4 Mil) to Dec. 2023 ($7,864.7 Mil).
NNN REIT's annual market cap
declined
from Dec. 2021 ($8,442.8 Mil) to Dec. 2022 ($8,302.0 Mil) and
declined
from Dec. 2022 ($8,302.0 Mil) to Dec. 2023 ($7,864.7 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. NNN REIT's Enterprise Value for Today is $11,848.9 Mil.
NNN REIT Market Cap Historical Data
The historical data trend for NNN REIT's Market Cap 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.
For the REIT - Retail subindustry, NNN REIT's Market Cap, along with its competitors' market caps and Market Cap 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's Market Cap Distribution in the REITs Industry
For the REITs industry and Real Estate sector, NNN REIT's Market Cap distribution charts can be found below:
* The bar in red indicates where NNN REIT's Market Cap falls into.
NNN REIT Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
NNN REIT's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (NYSE:NNN) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
NNN REIT Market Cap Related Terms
Thank you for viewing the detailed overview of NNN REIT's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
NNN REIT Inc is a real estate investment trust that invests in and develops properties throughout the United States. The company generates revenue from leasing properties to tenants, including convenience stores, automotive services, fitness centers, theatres, restaurants, and banks. Rents from convenience stores and restaurants contribute the majority proportion of total revenue, followed by automotive services, entertainment venues, and others. maximum of the company's properties are located in the South and Southeast of the United States.
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