NNN REIT, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $584.9M | $533.6M | $482.9M | $434.9M | $393.5M | $332.6M | $258.7M | $222.1M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $33.8M | $36.5M | $34.7M | $32.5M | $31.1M | $31.8M | $28.8M | $22.8M |
| Operating Income | $374.2M | $336.3M | $288.7M | $266.2M | $239.9M | $203.3M | $158.8M | $129.1M |
| Operating Margin | 64.0% | 63.0% | 59.8% | 61.2% | 61.0% | 61.1% | 61.4% | 58.1% |
| Interest Expense | $109.1M | $96.4M | $90.0M | $85.5M | $85.8M | $83.8M | $75.5M | $65.2M |
| Pretax Income | $228.7M | $212.3M | $197.8M | $179.7M | $154.1M | $121.4M | $84.9M | $65.4M |
| Income Tax Expense | $0 | $0 | $10.3M | $-75.0K | $74.0K | $-6.9M | $899.0K | $475.0K |
| Net Income | $265.0M | $239.5M | $197.8M | $190.6M | $160.1M | $142.0M | $92.3M | $73.0M |
| Net Margin | 45.3% | 44.9% | 41.0% | 43.8% | 40.7% | 42.7% | 35.7% | 32.9% |
| EPS (Basic) | $1.45 | $1.39 | $1.21 | $1.24 | $1.11 | $1.13 | $0.96 | $0.80 |
| EPS (Diluted) | $1.45 | $1.38 | $1.20 | $1.24 | $1.10 | $1.11 | $0.96 | $0.80 |
| Shares Outstanding (Basic) | 149.1M | 144.2M | 134.0M | 124.3M | 118.2M | 107.0M | 88.1M | 82.7M |
| Shares Outstanding (Diluted) | 149.4M | 144.7M | 134.5M | 124.7M | 119.9M | 109.1M | 88.8M | 82.8M |
| Dividends Per Share | $1.86 | $1.78 | $1.71 | $1.65 | $1.60 | $1.56 | $1.53 | $1.51 |