National Retail Properties Inc (NNN) — Financial Flexibility Index
National Retail Properties Inc (NNN) has a Financial Flexibility Index of 0.21x as of December 2025. Free cash flow of $1.06 Billion (operating CF $126.17 Million minus capex $937.08 Million) represents 0% of total liabilities ($4.97 Billion). Check NNN cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
National Retail Properties Inc Financial Flexibility Index (1994–2025)
Historical Financial Flexibility Index trend for National Retail Properties Inc across 32 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of National Retail Properties Inc.
Annual Financial Flexibility Index for National Retail Properties Inc (1994–2025)
Year-by-year free cash flow to debt coverage for National Retail Properties Inc. Explore how well can National Retail Properties Inc service its debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.32x | $1.60 Billion | $667.13 Million | $4.97 Billion | ▲ +20.5% |
| 2024 | 0.27x | $1.21 Billion | $635.50 Million | $4.51 Billion | ▼ -14.3% |
| 2023 | 0.31x | $1.41 Billion | $612.41 Million | $4.50 Billion | ▼ -11.5% |
| 2022 | 0.35x | $1.42 Billion | $578.36 Million | $4.02 Billion | ▲ +21.2% |
| 2021 | 0.29x | $1.12 Billion | $568.42 Million | $3.85 Billion | ▲ +49.7% |
| 2020 | 0.19x | $646.14 Million | $450.19 Million | $3.32 Billion | ▼ -46.3% |
| 2019 | 0.36x | $1.13 Billion | $501.73 Million | $3.10 Billion | ▼ -1.0% |
| 2018 | 0.37x | $1.08 Billion | $471.91 Million | $2.95 Billion | ▼ -4.8% |
| 2017 | 0.38x | $1.05 Billion | $421.56 Million | $2.72 Billion | ▼ -22.3% |
| 2016 | 0.50x | $1.20 Billion | $415.34 Million | $2.42 Billion | ▲ +6.4% |
| 2015 | 0.47x | $985.84 Million | $341.10 Million | $2.12 Billion | ▲ +2.1% |
| 2014 | 0.46x | $840.66 Million | $296.73 Million | $1.84 Billion | ▼ -10.2% |
| 2013 | 0.51x | $851.21 Million | $274.42 Million | $1.68 Billion | ▲ +3.2% |
| 2012 | 0.49x | $831.65 Million | $228.13 Million | $1.69 Billion | ▼ -25.2% |
| 2011 | 0.66x | $941.33 Million | $182.95 Million | $1.43 Billion | ▲ +86.1% |
| 2010 | 0.35x | $418.84 Million | $187.91 Million | $1.18 Billion | ▲ +86.7% |
| 2009 | 0.19x | $193.94 Million | $149.50 Million | $1.02 Billion | ▼ -64.5% |
| 2008 | 0.53x | $589.37 Million | $236.75 Million | $1.11 Billion | ▼ -25.5% |
| 2007 | 0.72x | $806.74 Million | $129.63 Million | $1.13 Billion | ▲ +57.7% |
| 2006 | 0.45x | $371.11 Million | $18.56 Million | $818.08 Million | ▲ +36.7% |
| 2005 | 0.33x | $298.73 Million | $30.93 Million | $900.39 Million | ▼ -14.3% |
| 2004 | 0.39x | $209.36 Million | $74.79 Million | $541.02 Million | ▼ -31.6% |
| 2003 | 0.57x | $270.05 Million | $54.32 Million | $477.56 Million | ▲ +124.4% |
| 2002 | 0.25x | $102.06 Million | $58.70 Million | $404.97 Million | ▲ +92.6% |
| 2001 | 0.13x | $57.84 Million | $38.01 Million | $441.99 Million | ▼ -11.2% |
| 2000 | 0.15x | $54.20 Million | $50.20 Million | $367.71 Million | ▼ -58.0% |
| 1999 | 0.35x | $125.84 Million | $47.88 Million | $358.43 Million | ▲ +49.5% |
| 1998 | 0.23x | $70.83 Million | $41.26 Million | $301.70 Million | ▼ -81.2% |
| 1997 | 1.25x | $218.14 Million | $34.01 Million | $174.87 Million | ▼ -11.7% |
| 1996 | 1.41x | $167.15 Million | $22.22 Million | $118.38 Million | ▲ +45.9% |
| 1995 | 0.97x | $80.71 Million | $14.14 Million | $83.41 Million | ▼ -83.8% |
| 1994 | 5.96x | $88.20 Million | $9.50 Million | $14.80 Million | — |