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. Explore National Retail Properties Inc (NNN) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.

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. Also explore how large is National Retail Properties Inc's balance sheet for the complete picture of this company's asset base.

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

Year-by-year capital reinvestment analysis for National Retail Properties Inc. For live market cap and broader valuation context, see National Retail Properties Inc stock valuation.

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