National Retail Properties Inc (NNN) — Cash Flow Quality Index

Latest as of December 2025: 1.31x

National Retail Properties Inc (NNN) has a Cash Flow Quality Index of 1.31x as of December 2025. Operating cash flow of $126.17 Million exceeds net income of $95.95 Million, indicating high earnings quality where cash backs reported profits. Explore NNN long-term investment intensity to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

1.31x
Operating CF / Net Income

Operating Cash Flow

$126.17 Million
USD

Net Income

$95.95 Million
USD

Data as of

Dec 2025
Most recent filing

National Retail Properties Inc Cash Flow Quality Index (1990–2025)

Historical Cash Flow Quality Index for National Retail Properties Inc across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check National Retail Properties Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for National Retail Properties Inc (1990–2025)

Year-by-year earnings quality comparison for National Retail Properties Inc. For live market cap and the full company financial profile, see market value of National Retail Properties Inc.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.71x $667.13 Million $389.78 Million ▲ +6.9%
2024 1.60x $635.50 Million $396.83 Million ▲ +2.6%
2023 1.56x $612.41 Million $392.34 Million ▼ -9.7%
2022 1.73x $578.36 Million $334.62 Million ▼ -11.8%
2021 1.96x $568.42 Million $290.11 Million ▼ -0.4%
2020 1.97x $450.19 Million $228.80 Million ▲ +17.5%
2019 1.67x $501.73 Million $299.61 Million ▲ +3.8%
2018 1.61x $471.91 Million $292.49 Million ▲ +1.6%
2017 1.59x $421.56 Million $265.37 Million ▼ -8.4%
2016 1.73x $415.34 Million $239.51 Million ▲ +0.6%
2015 1.72x $341.10 Million $197.96 Million ▲ +11.0%
2014 1.55x $296.73 Million $191.17 Million ▼ -9.5%
2013 1.71x $274.42 Million $160.09 Million ▲ +6.7%
2012 1.61x $228.13 Million $141.94 Million ▼ -18.8%
2011 1.98x $182.95 Million $92.42 Million ▼ -22.7%
2010 2.56x $187.91 Million $73.35 Million ▼ -3.4%
2009 2.65x $149.50 Million $56.40 Million ▲ +37.8%
2008 1.92x $236.75 Million $123.08 Million ▲ +133.1%
2007 0.83x $129.63 Million $157.11 Million ▲ +711.3%
2006 0.10x $18.56 Million $182.50 Million ▼ -75.5%
2005 0.41x $30.93 Million $74.61 Million ▼ -64.0%
2004 1.15x $74.79 Million $64.93 Million ▲ +13.4%
2003 1.02x $54.32 Million $53.47 Million ▼ -16.8%
2002 1.22x $58.70 Million $48.06 Million ▼ -6.9%
2001 1.31x $38.01 Million $28.96 Million ▲ +1.0%
2000 1.30x $50.20 Million $38.62 Million ▼ -22.4%
1999 1.68x $47.88 Million $28.58 Million ▲ +26.1%
1998 1.33x $41.26 Million $31.05 Million ▲ +16.3%
1997 1.14x $34.01 Million $29.75 Million ▲ +1.9%
1996 1.12x $22.22 Million $19.80 Million ▲ +0.8%
1995 1.11x $14.14 Million $12.70 Million ▲ +4.3%
1994 1.07x $9.50 Million $8.90 Million ▼ -1.7%
1993 1.09x $3.80 Million $3.50 Million ▼ -17.3%
1992 1.31x $2.10 Million $1.60 Million ▲ +13.8%
1991 1.15x $1.50 Million $1.30 Million ▲ +1.0%
1990 1.14x $1.60 Million $1.40 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.