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NNN REIT NNN Land held for sale

Land held for sale at other companies

One Liberty Properties logo
One Liberty PropertiesOLP
$1.05M
Beazer Homes USA, Inc. logo
Beazer Homes USA, Inc.BZH
$18.37M+27.9%
Beazer Homes USA, Inc. logo
Beazer Homes USA, Inc.BZH
$18.71M+285%
Beazer Homes USA, Inc. logo
Beazer Homes USA, Inc.BZH
$50.47M+103%
One Liberty Properties logo
One Liberty PropertiesOLP
$1.05M
Cal-Maine Foods logo
Cal-Maine FoodsCALM
$0

Other financials

Income statement

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Revenue$244.3M+7.7%
Operating income$151.4M+1.1%
Net income$97.9M-2.6%
EPS (diluted)$0.52-3.7%

Balance sheet

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Cash & equivalents$4.2M-29.3%
Total equity$4.5B+2.3%
Total assets$9.6B+5.0%

Cash flow

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Operating cash flow$141.5M+18.5%
CapEx$15.5M+253%
Free cash flow$176.0M-5.2%

Valuation

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Market cap$8.99B+14.6%
P/E23.4×+3.4×
P/S9.4×+0.7×

Profitability

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Operating margin62.3%-2.6pp
Net margin40.4%-3.5pp

Returns & leverage

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Return on equity8.7%-0.5pp

Where this comes from

Reported directly by NNN REIT in its filing.

Tagged under the XBRL concept us-gaap:InventoryRealEstateHeldForSale.

The source filing: NNN REIT’s 10-Q, filed August 3, 2022.

Filed
Aug 3, 2022, 8:32 AM EDT
Fiscal quarter
Q2 FY2022
Calendar quarter
Q2 2022
Accession
0000950170-22-014015
Line itemJune 30,2022December 31,2021
(unaudited)
ASSETS
Real estate portfolio$7,674,508$7,444,289
Real estate held for sale3,4615,557
Cash and cash equivalents3,289171,322
Receivables, net of allowance of $699 and $782, respectively2,6123,154
Accrued rental income, net of allowance of $4,090 and $4,587, respectively29,06531,942
Debt costs, net of accumulated amortization of $20,515 and $19,377, respectively6,4277,443

Item 1. Financial Statements

FAQ

What is NNN REIT's land held for sale?
NNN REIT (NNN) reported land held for sale of $3.46M in Q2 2022.
What does land held for sale mean?
Land held for sale

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