National Retail Properties Inc (NNN) — Capital Reinvestment Ratio
Latest as of December 2025:
7.43x
National Retail Properties Inc (NNN) has a Capital Reinvestment Ratio of 7.43x as of December 2025, meaning it reinvests 7% of its operating cash flow ($126.17 Million) in capital expenditures ($937.08 Million). See free cash flow generation of National Retail Properties Inc to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
7.43x
Capex / Operating Cash Flow
Operating Cash Flow
$126.17 Million
USD
Capital Expenditures
$937.08 Million
USD
Data as of
Dec 2025
Most recent filing
National Retail Properties Inc Capital Reinvestment Ratio (1993–2025)
This chart tracks National Retail Properties Inc's Capital Reinvestment Ratio across 33 annual periods.
Annual Capital Reinvestment Ratio for National Retail Properties Inc (1993–2025)
Year-by-year Capital Reinvestment Ratio for National Retail Properties Inc from 1993 to 2025. For live market cap and broader valuation context, see NNN company net worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.40x | $667.13 Million | $937.08 Million | ▲ +55.8% |
| 2024 | 0.90x | $635.50 Million | $572.87 Million | ▼ -30.6% |
| 2023 | 1.30x | $612.41 Million | $795.79 Million | ▼ -10.8% |
| 2022 | 1.46x | $578.36 Million | $842.87 Million | ▲ +49.7% |
| 2021 | 0.97x | $568.42 Million | $553.32 Million | ▲ +123.7% |
| 2020 | 0.44x | $450.19 Million | $195.94 Million | ▼ -65.0% |
| 2019 | 1.24x | $501.73 Million | $623.52 Million | ▼ -3.6% |
| 2018 | 1.29x | $471.91 Million | $608.50 Million | ▼ -13.0% |
| 2017 | 1.48x | $421.56 Million | $624.65 Million | ▼ -21.3% |
| 2016 | 1.88x | $415.34 Million | $781.85 Million | ▼ -0.4% |
| 2015 | 1.89x | $341.10 Million | $644.74 Million | ▲ +3.1% |
| 2014 | 1.83x | $296.73 Million | $543.93 Million | ▼ -12.8% |
| 2013 | 2.10x | $274.42 Million | $576.79 Million | ▼ -20.6% |
| 2012 | 2.65x | $228.13 Million | $603.52 Million | ▼ -36.2% |
| 2011 | 4.15x | $182.95 Million | $758.38 Million | ▲ +237.3% |
| 2010 | 1.23x | $187.91 Million | $230.93 Million | ▲ +313.5% |
| 2009 | 0.30x | $149.50 Million | $44.43 Million | ▼ -80.0% |
| 2008 | 1.49x | $236.75 Million | $352.62 Million | ▼ -71.5% |
| 2007 | 5.22x | $129.63 Million | $677.10 Million | ▼ -72.5% |
| 2006 | 18.99x | $18.56 Million | $352.55 Million | ▲ +119.4% |
| 2005 | 8.66x | $30.93 Million | $267.80 Million | ▲ +381.2% |
| 2004 | 1.80x | $74.79 Million | $134.56 Million | ▼ -54.7% |
| 2003 | 3.97x | $54.32 Million | $215.73 Million | ▲ +437.7% |
| 2002 | 0.74x | $58.70 Million | $43.36 Million | ▲ +41.5% |
| 2001 | 0.52x | $38.01 Million | $19.84 Million | ▲ +555.1% |
| 2000 | 0.08x | $50.20 Million | $4.00 Million | ▼ -95.1% |
| 1999 | 1.63x | $47.88 Million | $77.96 Million | ▲ +127.2% |
| 1998 | 0.72x | $41.26 Million | $29.57 Million | ▼ -86.8% |
| 1997 | 5.41x | $34.01 Million | $184.13 Million | ▼ -17.0% |
| 1996 | 6.52x | $22.22 Million | $144.93 Million | ▲ +38.6% |
| 1995 | 4.71x | $14.14 Million | $66.57 Million | ▼ -43.2% |
| 1994 | 8.28x | $9.50 Million | $78.70 Million | ▲ +0.6% |
| 1993 | 8.24x | $3.80 Million | $31.30 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow