NETSTREIT profit margin NTST
Gross, operating and net profit as a share of revenue over the last twelve months, from 2021.
- Net margin, 12 months
- 9.2%
- Net margin on a year earlier
- +9.1 pts
- Peer median
- 13.5%
Over the twelve months to Sep 30, 2026, NETSTREIT kept 9.2% of its revenue as net profit.
The median for 10 specialty REITs of a similar size is 13.5%.
Profit margin over time
Net
Fiscal year by fiscal year
| Fiscal year | Net margin |
|---|---|
| FY2025 | 3.5% |
| FY2024 | −7.3% |
| FY2023 | 5.2% |
| FY2022 | 8.4% |
| FY2021 | 5.2% |
| FY2020 | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q3 FY26 | 9.2% | +9.1 pts | |
| Q2 FY26 | 6.3% | +9.5 pts | |
| Q1 FY26 | 5.3% | +11.9 pts | |
| Q4 FY25 | 3.5% | +10.9 pts | |
| Q3 FY25 | 0.1% | +3.1 pts | |
| Q2 FY25 | −3.2% | −6.5 pts | |
| Q1 FY25 | −6.6% | −11.2 pts | |
| Q4 FY24 | −7.3% | −12.5 pts | |
| Q3 FY24 | −3.0% | −9.2 pts | |
| Q2 FY24 | 3.3% | −1.0 pts | |
| Q1 FY24 | 4.6% | −2.8 pts | |
| Q4 FY23 | 5.2% | −3.2 pts |
Against its peers
Companies in REIT - Specialty nearest NETSTREIT's size, closest first, today.
| Company | Profit margin |
|---|---|
| NTSTNETSTREIT | 9.2% |
| IVTInvenTrust Properties | 4.8% |
| LTCLTC Properties | 38.9% |
| SMASmartStop Self Storage REIT | 9.4% |
| FCPTFour Corners Property Trust | 38.7% |
| AKRAcadia Realty Trust | n/m |
| BXMTBlackstone Mortgage Trust | n/m |
| DXDynex Capital | n/m |
| DRHDiamondRock Hospitality | 13.5% |
| CXWCoreCivic | 5.1% |
| CBLCBL & Associates Properties | 37.0% |
| Peer median | 13.5% |
Where NETSTREIT ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on NETSTREIT
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.