National Retail Properties Inc (NNN) — Cash Flow Reinvestment Rate

Latest as of December 2025: 7.43x

National Retail Properties Inc (NNN) has a Cash Flow Reinvestment Rate of 7.43x as of December 2025, reinvesting $937.08 Million (capex $937.08 Million ) from operating cash flow of $126.17 Million. See National Retail Properties Inc (NNN) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

7.43x
(Capex + Investments) / Operating CF

Total Reinvested

$937.08 Million
Capex + Investments

Operating Cash Flow

$126.17 Million
USD

Capital Expenditures

$937.08 Million
USD

National Retail Properties Inc Cash Flow Reinvestment Rate (1990–2025)

Historical reinvestment intensity for National Retail Properties Inc across 36 annual periods. For the full cash flow conversion analysis, see National Retail Properties Inc (NNN) cash conversion ratio.

Annual Cash Flow Reinvestment Rate for National Retail Properties Inc (1990–2025)

Year-by-year capital reinvestment analysis for National Retail Properties Inc. See NNN FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 1.40x $937.08 Million $667.13 Million $937.08 Million ▼ -10.5%
2024 1.57x $997.21 Million $635.50 Million $572.87 Million ▼ -35.2%
2023 2.42x $1.48 Billion $612.41 Million $795.79 Million ▼ -16.9%
2022 2.91x $1.69 Billion $578.36 Million $842.87 Million ▲ +49.7%
2021 1.95x $1.11 Billion $568.42 Million $553.32 Million ▲ +123.8%
2020 0.87x $391.51 Million $450.19 Million $195.94 Million ▼ -68.1%
2019 2.73x $1.37 Billion $501.73 Million $623.52 Million ▼ -5.8%
2018 2.89x $1.37 Billion $471.91 Million $608.50 Million ▼ -9.3%
2017 3.19x $1.35 Billion $421.56 Million $624.65 Million ▼ -20.3%
2016 4.01x $1.66 Billion $415.34 Million $781.85 Million ▲ +3.1%
2015 3.89x $1.33 Billion $341.10 Million $644.74 Million ▲ +1.1%
2014 3.84x $1.14 Billion $296.73 Million $543.93 Million ▼ -12.4%
2013 4.39x $1.20 Billion $274.42 Million $576.79 Million ▼ -22.1%
2012 5.64x $1.29 Billion $228.13 Million $603.52 Million ▲ +36.0%
2011 4.15x $758.38 Million $182.95 Million $758.38 Million ▲ +237.3%
2010 1.23x $230.93 Million $187.91 Million $230.93 Million ▲ +313.5%
2009 0.30x $44.43 Million $149.50 Million $44.43 Million ▼ -80.0%
2008 1.49x $352.62 Million $236.75 Million $352.62 Million ▼ -71.5%
2007 5.22x $677.10 Million $129.63 Million $677.10 Million ▼ -72.5%
2006 18.99x $352.55 Million $18.56 Million $352.55 Million ▲ +119.4%
2005 8.66x $267.80 Million $30.93 Million $267.80 Million ▲ +381.2%
2004 1.80x $134.56 Million $74.79 Million $134.56 Million ▼ -54.7%
2003 3.97x $215.73 Million $54.32 Million $215.73 Million ▲ +437.7%
2002 0.74x $43.36 Million $58.70 Million $43.36 Million ▲ +41.5%
2001 0.52x $19.84 Million $38.01 Million $19.84 Million ▲ +555.1%
2000 0.08x $4.00 Million $50.20 Million $4.00 Million ▼ -95.1%
1999 1.63x $77.96 Million $47.88 Million $77.96 Million ▲ +127.2%
1998 0.72x $29.57 Million $41.26 Million $29.57 Million ▼ -86.8%
1997 5.41x $184.13 Million $34.01 Million $184.13 Million ▼ -17.0%
1996 6.52x $144.93 Million $22.22 Million $144.93 Million ▲ +38.6%
1995 4.71x $66.57 Million $14.14 Million $66.57 Million ▼ -43.2%
1994 8.28x $78.70 Million $9.50 Million $78.70 Million ▲ +0.6%
1993 8.24x $31.30 Million $3.80 Million $31.30 Million
1992 0.00x $0.00 $2.10 Million $0.00
1991 0.00x $0.00 $1.50 Million $0.00
1990 0.00x $0.00 $1.60 Million $0.00
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow