National Retail Properties Inc (NNN) — Cash Flow Quality Index
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 National Retail Properties Inc (NNN) cash conversion ratio to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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 (NNN) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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 NNN stock market capitalisation.
| 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 | — |