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NNN REIT shares outstanding NNN

Diluted shares outstanding, averaged over each quarter, from 2009.

Latest quarter, to Jun 30, 2026
189.6M
On a year earlier
+1.4%
more shares

NNN REIT had 189.6M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.

That is 1.4% more than a year earlier, so each share owns a little less of the company.

Shares outstanding over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearShares, fourth quarterChange
FY2025188.9M+1%
FY2024186.3M+2%
FY2023182.4M+1%
FY2022180.3M+3%
FY2021175.1M+1%
FY2020173.4M+1%
FY2019170.9M+7%
FY2018160.1M+5%
FY2017152.1M+4%
FY2016146.5M+6%
FY2015138M+7%
FY2014128.7M+6%
FY2013121.4M+8%
FY2012112.2M+13%
FY201198.9M+19%

Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.

Quarter by quarter

QuarterEndedShares outstandingOn a year earlier
Q2 FY26189.6M+1%
Q1 FY26189.5M+1%
Q4 FY25188.9M+1%
Q3 FY25188.3M+2%
Q2 FY25187.1M+2%
Q1 FY25187.1M+3%
Q4 FY24186.3M+2%
Q3 FY24184.6M+2%
Q2 FY24182.8M+1%
Q1 FY24182.2M+0%
Q4 FY23182.4M+1%
Q3 FY23181.7M+2%

What the shares outstanding tells you

Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.

A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.

More on NNN REIT

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.