NETSTREIT (NTST) Financials

$15.63 +0.15 (+0.99%)

Closing price 05/23/2025 03:59 PM Eastern

Extended Trading

$15.82 +0.19 (+1.22%)

As of 05/23/2025 07:05 PM Eastern

Annual Income Statements for NETSTREIT

This table shows NETSTREIT's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/22/2019
Net Income / (Loss) Attributable to Common Shareholders	-12	6.84	8.12	3.05	0.69	-8.07
Consolidated Net Income / (Loss)	-12	6.89	8.21	3.15	0.21	-8.07
Net Income / (Loss) Continuing Operations	-12	6.89	8.21	3.15	0.21	-8.07
Total Pre-Tax Income	-12	6.84	8.60	3.21	0.21	-8.07
Total Operating Income	18	24	14	3.48	-1.50	-2.95
Total Gross Profit	163	132	96	53	34	20
Total Revenue	163	132	96	59	34	20
Operating Revenue	163	132	96	59	34	20
Total Cost of Revenue	0.00	0.00	0.00	5.80	0.00	0.00
Total Operating Expenses	144	108	83	50	35	23
Selling, General & Admin Expense	20	20	19	15	11	3.56
Depreciation Expense	77	64	50	31	15	10
Other Operating Expenses / (Income)	18	17	13	0.70	5.74	1.65
Impairment Charge	30	7.08	1.11	3.54	2.69	7.19
Total Other Income / (Expense), net	-30	-17	-4.90	-0.27	1.71	-5.07
Interest Expense	30	19	9.18	3.70	4.74	11
Other Income / (Expense), net	-0.07	1.93	4.28	3.43	6.45	5.65
Income Tax Expense	0.05	-0.05	0.40	0.06	0.00	0.00
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.06	0.05	0.09	0.10	-0.52	0.00
Basic Earnings per Share	($0.16)	$0.11	$0.16	$0.08	$0.04	$0.00
Weighted Average Basic Shares Outstanding	76.52M	63.92M	49.52M	37.00M	17.32M	0.00
Diluted Earnings per Share	($0.16)	$0.11	$0.16	$0.08	$0.01	$0.00
Weighted Average Diluted Shares Outstanding	76.52M	64.67M	50.43M	38.67M	21.16M	0.00
Weighted Average Basic & Diluted Shares Outstanding	81.66M	73.22M	58.03M	44.24M	28.39M	-
Cash Dividends to Common per Share	$0.83	$0.81	$0.80	$0.80	$0.30	-

This table shows NETSTREIT's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	1.69	-5.40	-5.30	-2.29	1.05	1.94	4.22	-0.79	1.47	2.79	1.40
Consolidated Net Income / (Loss)	1.70	-5.42	-5.32	-2.31	1.05	1.96	4.24	-0.79	1.48	2.81	1.42
Net Income / (Loss) Continuing Operations	1.70	-5.42	-5.32	-2.31	1.05	1.96	4.24	-0.79	1.48	2.81	1.42
Total Pre-Tax Income	1.72	-5.41	-5.32	-2.29	1.07	1.97	4.25	-0.82	1.44	2.85	1.59
Total Operating Income	11	1.66	2.36	7.89	6.53	6.95	7.46	4.14	5.55	4.24	4.46
Total Gross Profit	46	48	41	40	34	41	34	32	26	27	25
Total Revenue	46	44	41	40	38	37	34	32	29	27	25
Operating Revenue	46	44	41	40	38	37	34	32	29	27	25
Total Cost of Revenue	0.00	-4.10	0.00	0.00	4.10	-3.94	0.00	0.00	3.94	-	0.00
Total Operating Expenses	35	47	39	32	27	34	27	27	20	23	21
Selling, General & Admin Expense	5.17	4.46	4.29	5.27	5.71	4.87	5.13	5.26	4.91	5.45	4.55
Depreciation Expense	21	20	20	19	18	17	16	16	15	14	13
Other Operating Expenses / (Income)	4.85	9.10	4.52	4.03	0.13	9.19	4.03	3.55	0.11	3.67	2.59
Impairment Charge	3.62	13	9.84	3.84	3.66	2.71	1.54	2.84	0.00	-	0.00
Total Other Income / (Expense), net	-9.64	-7.06	-7.68	-10	-5.46	-4.98	-3.21	-4.97	-4.11	-1.39	-2.87
Interest Expense	11	8.58	7.97	7.60	6.18	5.65	3.95	5.65	3.94	3.47	3.02
Other Income / (Expense), net	1.82	1.51	0.28	-2.58	0.72	0.67	0.74	0.68	-0.17	2.08	0.14
Income Tax Expense	0.02	0.02	0.00	0.01	0.02	0.01	0.02	-0.03	-0.04	0.04	0.17
Net Income / (Loss) Attributable to Noncontrolling Interest	0.01	-0.03	-0.03	-0.02	0.01	0.02	0.02	-0.00	0.01	0.03	0.02
Basic Earnings per Share	$0.02	($0.07)	($0.07)	($0.03)	$0.01	$0.03	$0.06	($0.01)	$0.03	$0.05	$0.03
Weighted Average Basic Shares Outstanding	81.64M	76.52M	77.61M	73.59M	73.25M	63.92M	67.11M	61.04M	58.16M	49.52M	50.45M
Diluted Earnings per Share	$0.02	($0.07)	($0.07)	($0.03)	$0.01	$0.03	$0.06	($0.01)	$0.03	$0.05	$0.03
Weighted Average Diluted Shares Outstanding	82.13M	76.52M	77.61M	73.59M	74.57M	64.67M	68.05M	61.04M	58.88M	50.43M	51.38M
Weighted Average Basic & Diluted Shares Outstanding	81.71M	81.66M	81.58M	77.38M	73.37M	73.22M	68.70M	66.99M	60.86M	58.03M	54.88M
Cash Dividends to Common per Share	$0.21	-	$0.21	-	-	-	$0.21	-	-	-	-

This table details how cash moves in and out of NETSTREIT's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/22/2019
Net Change in Cash & Equivalents	-16	-41	63	-85	-77	-0.39
Net Cash From Operating Activities	90	80	51	31	13	5.99
Net Cash From Continuing Operating Activities	90	80	51	31	13	5.99
Net Income / (Loss) Continuing Operations	-12	6.89	8.21	3.15	0.21	-8.07
Consolidated Net Income / (Loss)	-12	6.89	8.21	3.15	0.21	-8.07
Depreciation Expense	77	64	50	31	15	10
Amortization Expense	-1.45	-0.28	0.89	0.63	0.62	1.01
Non-Cash Adjustments To Reconcile Net Income	29	7.41	-3.55	-3.78	-7.86	3.14
Changes in Operating Assets and Liabilities, net	-2.15	2.46	-4.98	0.68	1.86	-0.51
Net Cash From Investing Activities	-433	-452	-468	-430	-362	76
Net Cash From Continuing Investing Activities	-433	-452	-468	-430	-362	76
Purchase of Property, Plant & Equipment	-0.01	-0.04	-1.21	-0.73	-0.05	0.00
Purchase of Investments	-479	-340	-425	-441	-409	-1.23
Sale of Property, Plant & Equipment	91	38	26	31	-	-
Other Investing Activities, net	-45	-150	-68	-19	-1.57	-0.45
Net Cash From Financing Activities	327	331	481	314	273	-82
Net Cash From Continuing Financing Activities	327	331	481	314	273	-82
Repayment of Debt	-233	-397	-470	-86	-50	-78
Repurchase of Common Equity	-1.50	-0.69	-1.48	-0.50	-0.14	0.00
Payment of Dividends	-64	-52	-40	-31	-8.84	-5.62
Issuance of Debt	492	511	715	150	50	0.71
Issuance of Common Equity	135	271	278	283	282	0.00
Other Financing Activities, net	-1.89	-1.03	-0.80	-1.73	-0.01	0.54
Cash Interest Paid	30	18	7.22	2.99	4.21	9.46
Cash Income Taxes Paid	-0.03	0.63	0.13	0.00	-	-

This table details how cash moves in and out of NETSTREIT's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-0.12	-14	15	-8.61	-7.60	22	-5.21	6.54	-64	54	-3.66
Net Cash From Operating Activities	22	28	25	25	12	29	17	20	15	12	16
Net Cash From Continuing Operating Activities	22	28	25	25	12	29	17	20	15	12	16
Net Income / (Loss) Continuing Operations	1.70	-5.42	-5.32	-2.31	1.05	1.96	4.24	-0.79	1.48	2.81	1.42
Consolidated Net Income / (Loss)	1.70	-5.42	-5.32	-2.31	1.05	1.96	4.24	-0.79	1.48	2.81	1.42
Depreciation Expense	21	20	20	19	18	17	16	16	15	14	13
Amortization Expense	1.40	-0.26	-0.40	-0.39	-0.39	-0.40	-0.56	0.34	0.34	0.34	0.24
Non-Cash Adjustments To Reconcile Net Income	1.75	9.52	9.91	5.20	4.25	2.67	1.90	2.51	0.33	-3.13	-0.03
Changes in Operating Assets and Liabilities, net	-3.68	3.85	0.49	4.32	-11	7.33	-4.28	1.69	-2.29	-2.01	1.42
Net Cash From Investing Activities	-48	-113	-115	-107	-97	-106	-119	-124	-102	-87	-92
Net Cash From Continuing Investing Activities	-48	-113	-115	-107	-97	-106	-119	-124	-102	-87	-92
Purchase of Property, Plant & Equipment	-0.01	37	-7.31	-30	-0.01	48	-28	-19	0.00	15	-8.07
Purchase of Investments	-77	-177	-112	-96	-95	-86	-91	-96	-68	-96	-122
Sale of Property, Plant & Equipment	39	48	10	12	20	14	5.43	3.84	15	12	1.66
Other Investing Activities, net	-9.39	-22	-6.91	6.81	-23	-82	-5.56	-12	-50	-18	36
Net Cash From Financing Activities	26	71	105	73	78	100	97	111	24	130	72
Net Cash From Continuing Financing Activities	26	71	105	73	78	100	97	111	24	130	72
Repayment of Debt	-264	-52	-9.04	-85	-87	-35	-133	-113	-116	-67	-331
Repurchase of Common Equity	-0.63	0.70	-0.35	-0.35	-1.49	0.14	-0.28	-0.18	-0.38	0.29	-0.71
Payment of Dividends	-17	-17	-16	-15	-15	-14	-14	-12	-12	-11	-10
Issuance of Debt	308	141	61	108	182	73	217	122	99	150	320
Other Financing Activities, net	-0.20	-1.40	-0.05	-0.06	-0.38	-0.88	-0.06	-0.00	-0.09	-1.26	-0.05
Cash Interest Paid	10	7.52	9.34	6.90	6.54	5.56	4.73	4.40	3.64	2.87	2.00

This table presents NETSTREIT's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Total Assets	2,259	1,946	1,606	1,068	726	434
Total Current Assets	49	52	23	2.10	15	8.53
Inventories, net	49	52	23	2.10	15	-
Plant, Property, & Equipment, net	1,834	1,539	1,263	914	538	224
Plant, Property & Equipment, gross	1,978	1,640	1,325	944	548	224
Accumulated Depreciation	143	101	63	31	10	0.13
Total Noncurrent Assets	376	355	320	153	173	201
Noncurrent Note & Lease Receivables	139	114	46	0.00	-	-
Intangible Assets	164	161	151	125	75	29
Other Noncurrent Operating Assets	73	79	123	28	98	173
Total Liabilities & Shareholders' Equity	2,259	1,946	1,606	1,068	726	434
Total Liabilities	921	673	547	279	198	181
Total Current Liabilities	30	36	23	17	6.31	2.91
Accounts Payable	30	36	23	17	6.31	2.72
Total Noncurrent Liabilities	892	636	525	262	191	179
Long-Term Debt	869	610	494	238	174	174
Other Noncurrent Operating Liabilities	20	25	30	23	17	4.67
Other Noncurrent Nonoperating Liabilities	1.91	1.16	0.41	0.00	0.40	-
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,338	1,273	1,058	790	528	252
Total Preferred & Common Equity	1,331	1,265	1,049	779	494	165
Total Common Equity	1,331	1,265	1,049	779	494	165
Common Stock	1,509	1,368	1,092	810	501	165
Retained Earnings	-188	-112	-67	-35	-7.46	0.03
Accumulated Other Comprehensive Income / (Loss)	10	8.94	24	4.12	0.24	0.00
Noncontrolling Interest	7.16	8.53	9.59	11	34	88

This table presents NETSTREIT's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	2,285	2,185	2,098	2,026	1,863	1,748	1,627	1,474
Total Current Assets	80	46	68	59	39	38	5.80	40
Inventories, net	80	46	68	59	39	38	5.80	24
Plant, Property, & Equipment, net	1,827	1,744	1,660	1,593	1,474	1,374	1,318	1,184
Plant, Property & Equipment, gross	1,980	1,881	1,782	1,703	1,565	1,455	1,391	1,237
Accumulated Depreciation	153	137	122	111	91	81	73	53
Total Noncurrent Assets	378	395	370	374	350	335	303	250
Noncurrent Note & Lease Receivables	145	142	130	125	109	108	92	46
Intangible Assets	159	165	162	166	164	158	154	149
Other Noncurrent Operating Assets	75	88	78	84	77	70	57	54
Total Liabilities & Shareholders' Equity	2,285	2,185	2,098	2,026	1,863	1,748	1,627	1,474
Total Liabilities	972	838	780	756	633	543	532	464
Total Current Liabilities	32	34	27	26	76	135	121	21
Accounts Payable	32	34	27	26	34	29	25	21
Total Noncurrent Liabilities	939	804	753	730	557	408	411	443
Long-Term Debt	918	780	728	704	530	381	381	411
Other Noncurrent Operating Liabilities	19	23	24	25	27	27	29	31
Other Noncurrent Nonoperating Liabilities	1.92	0.73	1.14	1.11	1.02	0.08	0.03	0.42
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,314	1,347	1,318	1,269	1,230	1,205	1,096	1,009
Total Preferred & Common Equity	1,306	1,340	1,310	1,261	1,221	1,195	1,086	1,000
Total Common Equity	1,306	1,340	1,310	1,261	1,221	1,195	1,086	999
Common Stock	1,510	1,508	1,436	1,369	1,290	1,262	1,146	1,033
Retained Earnings	-204	-165	-144	-126	-100	-90	-77	-59
Accumulated Other Comprehensive Income / (Loss)	0.39	-2.45	18	18	30	24	18	25
Noncontrolling Interest	7.03	7.21	7.65	8.36	8.91	9.29	9.35	9.71

This table displays calculated financial ratios and metrics derived from NETSTREIT's official financial filings.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/22/2019
Growth Metrics	-	-	-	-	-	-
Revenue Growth	23.41%	37.00%	62.80%	75.35%	69.82%	0.00%
EBITDA Growth	4.89%	30.08%	79.30%	82.30%	48.87%	0.00%
EBIT Growth	-29.41%	46.37%	157.37%	39.49%	83.78%	0.00%
NOPAT Growth	-46.82%	88.43%	276.98%	327.80%	27.39%	0.00%
Net Income Growth	-274.17%	-16.03%	160.48%	1,385.85%	102.63%	0.00%
EPS Growth	-245.45%	-31.25%	100.00%	700.00%	0.00%	0.00%
Operating Cash Flow Growth	12.49%	58.26%	60.90%	0.00%	0.00%	0.00%
Free Cash Flow Firm Growth	-1.67%	40.02%	-58.93%	-12.61%	0.00%	0.00%
Invested Capital Growth	17.25%	21.34%	51.05%	46.34%	68.08%	0.00%
Revenue Q/Q Growth	4.65%	7.82%	13.99%	7.32%	0.00%	0.00%
EBITDA Q/Q Growth	-1.10%	4.32%	16.88%	-0.59%	0.00%	0.00%
EBIT Q/Q Growth	-19.50%	5.24%	45.22%	-40.22%	0.00%	0.00%
NOPAT Q/Q Growth	-22.29%	13.18%	48.91%	-13.22%	0.00%	0.00%
Net Income Q/Q Growth	-160.08%	-10.96%	9.55%	-43.40%	0.00%	0.00%
EPS Q/Q Growth	-166.67%	-15.38%	-5.88%	-70.37%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-0.67%	26.32%	-0.65%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	-1.00%	18.36%	-2.41%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	3.82%	4.55%	10.55%	14.72%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	90.19%	100.00%	100.00%
EBITDA Margin	57.62%	67.79%	71.41%	64.83%	62.36%	71.14%
Operating Margin	11.33%	18.27%	14.02%	5.89%	-4.45%	-14.86%
EBIT Margin	11.29%	19.73%	18.47%	11.68%	14.69%	13.57%
Profit (Net Income) Margin	-7.37%	5.22%	8.52%	5.33%	0.63%	-40.64%
Tax Burden Percent	100.41%	100.72%	95.40%	98.16%	100.00%	100.00%
Interest Burden Percent	-65.05%	26.28%	48.37%	46.45%	4.28%	-299.52%
Effective Tax Rate	0.00%	-0.72%	4.60%	1.84%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.63%	1.41%	1.00%	0.39%	-0.27%	-0.49%
ROIC Less NNEP Spread (ROIC-NNEP)	-2.73%	-1.73%	-0.28%	0.27%	0.74%	-4.12%
Return on Net Nonoperating Assets (RNNOA)	-1.55%	-0.82%	-0.11%	0.08%	0.32%	-2.70%
Return on Equity (ROE)	-0.92%	0.59%	0.89%	0.48%	0.05%	-3.20%
Cash Return on Invested Capital (CROIC)	-15.25%	-17.87%	-39.67%	-37.23%	-51.06%	0.00%
Operating Return on Assets (OROA)	0.87%	1.47%	1.33%	0.77%	0.85%	0.62%
Return on Assets (ROA)	-0.57%	0.39%	0.61%	0.35%	0.04%	-1.86%
Return on Common Equity (ROCE)	-0.91%	0.59%	0.88%	0.46%	0.05%	-2.08%
Return on Equity Simple (ROE_SIMPLE)	-0.90%	0.54%	0.78%	0.40%	0.04%	-4.91%
Net Operating Profit after Tax (NOPAT)	13	24	13	3.42	-1.50	-2.07
NOPAT Margin	7.93%	18.40%	13.38%	5.78%	-4.45%	-10.40%
Net Nonoperating Expense Percent (NNEP)	3.36%	3.14%	1.28%	0.13%	-1.01%	3.63%
Return On Investment Capital (ROIC_SIMPLE)	0.58%	1.29%	0.83%	-	-	-
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	9.81%	0.00%	0.00%
SG&A Expenses to Revenue	12.12%	15.30%	19.79%	25.04%	33.62%	17.90%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	88.67%	81.73%	85.98%	84.30%	104.45%	114.86%
Earnings before Interest and Taxes (EBIT)	18	26	18	6.91	4.95	2.70
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	94	89	69	38	21	14
Valuation Ratios	-	-	-	-	-	-
Price to Book Value (P/BV)	0.87	0.92	0.87	1.04	0.95	1.37
Price to Tangible Book Value (P/TBV)	0.99	1.06	1.02	1.24	1.12	1.66
Price to Revenue (P/Rev)	7.09	8.85	9.48	13.74	13.95	11.33
Price to Earnings (P/E)	0.00	170.70	112.45	266.75	683.94	0.00
Dividend Yield	5.87%	4.77%	4.81%	3.90%	1.78%	0.00%
Earnings Yield	0.00%	0.59%	0.89%	0.37%	0.15%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.92	0.95	0.91	1.03	0.97	1.16
Enterprise Value to Revenue (EV/Rev)	12.48	13.54	14.71	17.95	20.12	24.51
Enterprise Value to EBITDA (EV/EBITDA)	21.65	19.97	20.61	27.68	32.27	34.46
Enterprise Value to EBIT (EV/EBIT)	110.54	68.60	79.66	153.64	137.01	180.64
Enterprise Value to NOPAT (EV/NOPAT)	157.34	73.56	109.97	310.65	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	22.53	22.27	27.97	33.72	0.00	81.28
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-
Debt to Equity	0.65	0.48	0.47	0.30	0.33	0.69
Long-Term Debt to Equity	0.65	0.48	0.47	0.30	0.33	0.69
Financial Leverage	0.57	0.47	0.40	0.31	0.44	0.66
Leverage Ratio	1.61	1.52	1.45	1.36	1.49	1.72
Compound Leverage Factor	-1.05	0.40	0.70	0.63	0.06	-5.15
Debt to Total Capital	39.39%	32.38%	31.83%	23.18%	24.80%	40.79%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	39.39%	32.38%	31.83%	23.18%	24.80%	40.79%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.32%	0.45%	0.62%	1.04%	4.84%	20.62%
Common Equity to Total Capital	60.29%	67.17%	67.55%	75.78%	70.33%	38.59%
Debt to EBITDA	9.27	6.82	7.19	6.22	8.28	12.31
Net Debt to EBITDA	9.27	6.82	7.19	6.22	8.28	12.31
Long-Term Debt to EBITDA	9.27	6.82	7.19	6.22	8.28	12.31
Debt to NOPAT	67.35	25.12	38.37	69.75	-116.07	-84.19
Net Debt to NOPAT	67.35	25.12	38.37	69.75	-116.07	-84.19
Long-Term Debt to NOPAT	67.35	25.12	38.37	69.75	-116.07	-84.19
Altman Z-Score	0.74	1.08	1.04	1.76	1.50	0.83
Noncontrolling Interest Sharing Ratio	0.60%	0.78%	1.10%	3.41%	15.65%	34.82%
Liquidity Ratios	-	-	-	-	-	-
Current Ratio	1.64	1.44	1.03	0.12	2.35	2.94
Quick Ratio	0.00	0.00	0.00	0.00	0.00	0.00
Cash Flow Metrics	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-312	-307	-512	-322	-286	0.00
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow to Firm to Interest Expense	-10.30	-16.01	-55.77	-87.07	-60.34	0.00
Operating Cash Flow to Interest Expense	2.97	4.18	5.52	8.51	0.00	0.56
Operating Cash Flow Less CapEx to Interest Expense	5.97	6.18	8.16	16.72	0.00	0.56
Efficiency Ratios	-	-	-	-	-	-
Asset Turnover	0.08	0.07	0.07	0.07	0.06	0.05
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.00	0.69	0.00	0.00
Fixed Asset Turnover	0.10	0.09	0.09	0.08	0.09	0.09
Accounts Payable Turnover	0.00	0.00	0.00	0.50	0.00	0.00
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	531.43	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	732.39	0.00	0.00
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	-200.96	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-
Invested Capital	2,210	1,884	1,553	1,028	703	418
Invested Capital Turnover	0.08	0.08	0.07	0.07	0.06	0.05
Increase / (Decrease) in Invested Capital	325	331	525	326	285	0.00
Enterprise Value (EV)	2,031	1,785	1,417	1,061	679	487
Market Capitalization	1,154	1,167	913	813	471	225
Book Value per Share	$16.31	$18.41	$19.11	$19.66	$17.65	$13.16
Tangible Book Value per Share	$14.30	$16.06	$16.36	$16.51	$14.97	$10.86
Total Capital	2,208	1,883	1,553	1,028	702	426
Total Debt	869	610	494	238	174	174
Total Long-Term Debt	869	610	494	238	174	174
Net Debt	869	610	494	238	174	174
Capital Expenditures (CapEx)	-91	-38	-24	-30	0.05	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	19	16	0.67	-15	8.49	5.63
Debt-free Net Working Capital (DFNWC)	19	16	0.67	-15	8.49	5.63
Net Working Capital (NWC)	19	16	0.67	-15	8.49	5.63
Net Nonoperating Expense (NNE)	25	17	4.68	0.27	-1.71	6.01
Net Nonoperating Obligations (NNO)	871	611	495	238	175	166
Total Depreciation and Amortization (D&A)	75	63	51	31	16	11
Debt-free, Cash-free Net Working Capital to Revenue	11.66%	12.09%	0.69%	-25.17%	25.18%	28.33%
Debt-free Net Working Capital to Revenue	11.66%	12.09%	0.69%	-25.17%	25.18%	28.33%
Net Working Capital to Revenue	11.66%	12.09%	0.69%	-25.17%	25.18%	28.33%
Earnings Adjustments	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.16)	$0.11	$0.16	$0.08	$0.04	$0.00
Adjusted Weighted Average Basic Shares Outstanding	76.52M	63.92M	49.52M	37.00M	17.32M	0.00
Adjusted Diluted Earnings per Share	($0.16)	$0.11	$0.16	$0.08	$0.01	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	76.52M	64.67M	50.43M	38.67M	21.16M	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	81.66M	73.22M	58.03M	44.24M	28.39M	0.00
Normalized Net Operating Profit after Tax (NOPAT)	34	22	14	6.89	0.83	2.96
Normalized NOPAT Margin	20.82%	16.55%	14.48%	11.65%	2.47%	14.93%
Pre Tax Income Margin	-7.34%	5.19%	8.93%	5.43%	0.63%	-40.64%
Debt Service Ratios	-	-	-	-	-	-
EBIT to Interest Expense	0.61	1.36	1.94	1.87	1.04	0.25
NOPAT to Interest Expense	0.43	1.27	1.40	0.92	-0.32	-0.19
EBIT Less CapEx to Interest Expense	3.60	3.36	4.58	10.08	1.03	0.25
NOPAT Less CapEx to Interest Expense	3.42	3.27	4.05	9.14	-0.33	-0.19
Payout Ratios	-	-	-	-	-	-
Dividend Payout Ratio	-531.88%	755.91%	486.92%	993.78%	4,170.75%	-69.67%
Augmented Payout Ratio	-544.37%	765.89%	504.94%	1,009.78%	4,235.38%	-69.67%

This table displays calculated financial ratios and metrics derived from NETSTREIT's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	21.86%	19.64%	22.03%	25.09%	27.91%	35.03%	35.77%	39.75%	38.06%	76.31%	60.31%
EBITDA Growth	45.49%	-4.28%	-3.28%	11.68%	18.05%	17.97%	28.47%	35.24%	43.90%	93.03%	51.23%
EBIT Growth	81.76%	-58.41%	-67.74%	10.05%	34.69%	20.49%	77.99%	33.10%	66.83%	703.56%	20.01%
NOPAT Growth	74.95%	-83.20%	-77.77%	90.49%	12.48%	65.24%	86.59%	75.25%	95.09%	2,322.19%	111.46%
Net Income Growth	61.60%	-376.45%	-225.55%	-191.16%	-28.97%	-30.18%	198.73%	-139.40%	-24.67%	34.13%	-51.80%
EPS Growth	100.00%	-333.33%	-216.67%	-200.00%	-66.67%	-40.00%	100.00%	-125.00%	-25.00%	-16.67%	-57.14%
Operating Cash Flow Growth	89.61%	-2.12%	46.70%	29.50%	-21.31%	139.87%	4.02%	47.33%	65.36%	-2.70%	202.06%
Free Cash Flow Firm Growth	37.40%	0.15%	16.94%	4.66%	3.06%	37.69%	22.68%	15.73%	8.09%	-59.84%	-164.71%
Invested Capital Growth	13.10%	17.25%	18.07%	21.02%	25.54%	21.34%	28.30%	28.00%	35.65%	51.05%	56.75%
Revenue Q/Q Growth	4.10%	6.41%	4.74%	5.03%	2.20%	8.54%	7.37%	7.40%	7.88%	9.14%	10.51%
EBITDA Q/Q Growth	52.60%	2.57%	-3.32%	-3.85%	0.40%	3.63%	11.63%	1.64%	0.33%	12.86%	17.52%
EBIT Q/Q Growth	315.78%	19.81%	-50.19%	-26.75%	-4.87%	-7.07%	69.95%	-10.35%	-14.90%	37.27%	27.09%
NOPAT Q/Q Growth	868.99%	-29.78%	-70.08%	-14.08%	-6.98%	-7.04%	156.39%	-49.27%	36.66%	4.97%	140.80%
Net Income Q/Q Growth	131.34%	-1.92%	-130.79%	-319.20%	-46.38%	-53.72%	635.23%	-153.48%	-47.30%	98.03%	-29.40%
EPS Q/Q Growth	128.57%	0.00%	-133.33%	-400.00%	-66.67%	-50.00%	700.00%	-133.33%	-40.00%	66.67%	-25.00%
Operating Cash Flow Q/Q Growth	-21.20%	11.65%	-1.01%	117.72%	-59.32%	67.34%	-12.62%	32.30%	23.99%	-27.44%	23.77%
Free Cash Flow Firm Q/Q Growth	23.62%	0.04%	7.39%	11.46%	-21.82%	16.84%	-6.30%	9.97%	21.70%	-3.18%	-15.86%
Invested Capital Q/Q Growth	1.08%	3.82%	3.98%	3.65%	4.79%	4.55%	6.57%	7.52%	1.28%	10.55%	6.32%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	109.30%	100.00%	100.00%	89.11%	110.68%	100.00%	100.00%	86.64%	100.00%	100.00%
EBITDA Margin	77.32%	52.75%	54.72%	59.29%	64.76%	65.92%	69.05%	66.41%	70.18%	75.46%	72.97%
Operating Margin	24.73%	3.76%	5.70%	19.94%	17.34%	18.85%	21.97%	13.10%	18.84%	15.54%	17.85%
EBIT Margin	28.70%	7.19%	6.38%	13.42%	19.24%	20.67%	24.15%	15.25%	18.27%	23.16%	18.42%
Profit (Net Income) Margin	3.70%	-12.30%	-12.84%	-5.83%	2.79%	5.32%	12.48%	-2.50%	5.03%	10.29%	5.67%
Tax Burden Percent	99.07%	100.33%	100.04%	100.52%	98.41%	99.44%	99.65%	96.12%	102.99%	98.56%	89.25%
Interest Burden Percent	13.02%	-170.59%	-201.13%	-43.20%	14.75%	25.89%	51.88%	-17.08%	26.72%	45.08%	34.51%
Effective Tax Rate	0.93%	0.00%	0.00%	0.00%	1.59%	0.56%	0.35%	0.00%	-2.99%	1.44%	10.75%
Return on Invested Capital (ROIC)	1.99%	0.21%	0.32%	1.11%	1.35%	1.44%	1.67%	0.69%	1.48%	1.14%	1.17%
ROIC Less NNEP Spread (ROIC-NNEP)	0.82%	-0.68%	-0.72%	-0.18%	0.44%	0.54%	1.01%	-0.13%	0.39%	0.77%	0.29%
Return on Net Nonoperating Assets (RNNOA)	0.51%	-0.39%	-0.38%	-0.09%	0.22%	0.26%	0.44%	-0.06%	0.15%	0.30%	0.10%
Return on Equity (ROE)	2.50%	-0.18%	-0.06%	1.02%	1.57%	1.70%	2.11%	0.63%	1.63%	1.45%	1.27%
Cash Return on Invested Capital (CROIC)	-11.52%	-15.25%	-15.73%	-17.49%	-21.23%	-17.87%	-23.46%	-23.37%	-29.13%	-39.67%	-43.46%
Operating Return on Assets (OROA)	2.28%	0.56%	0.49%	1.03%	1.48%	1.54%	1.77%	1.11%	1.35%	1.67%	1.30%
Return on Assets (ROA)	0.29%	-0.95%	-0.99%	-0.45%	0.21%	0.40%	0.92%	-0.18%	0.37%	0.74%	0.40%
Return on Common Equity (ROCE)	2.49%	-0.18%	-0.06%	1.01%	1.56%	1.68%	2.09%	0.63%	1.62%	1.43%	1.24%
Return on Equity Simple (ROE_SIMPLE)	-0.87%	0.00%	-0.34%	0.38%	0.51%	0.00%	0.63%	0.41%	0.71%	0.00%	0.75%
Net Operating Profit after Tax (NOPAT)	11	1.16	1.65	5.52	6.43	6.91	7.43	2.90	5.71	4.18	3.98
NOPAT Margin	24.50%	2.63%	3.99%	13.96%	17.06%	18.75%	21.89%	9.17%	19.40%	15.32%	15.93%
Net Nonoperating Expense Percent (NNEP)	1.17%	0.89%	1.03%	1.29%	0.91%	0.90%	0.66%	0.82%	1.10%	0.37%	0.87%
Return On Investment Capital (ROIC_SIMPLE)	0.50%	0.05%	-	-	-	0.37%	-	-	-	0.27%	-
Cost of Revenue to Revenue	0.00%	-9.30%	0.00%	0.00%	10.89%	-10.68%	0.00%	0.00%	13.36%	0.00%	0.00%
SG&A Expenses to Revenue	11.26%	10.11%	10.34%	13.31%	15.15%	13.22%	15.11%	16.63%	16.67%	19.95%	18.20%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	75.27%	105.54%	94.30%	80.06%	71.77%	91.83%	78.03%	86.90%	67.80%	84.46%	82.15%
Earnings before Interest and Taxes (EBIT)	13	3.17	2.65	5.31	7.25	7.62	8.20	4.83	5.38	6.32	4.61
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	35	23	23	23	24	24	23	21	21	21	18
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.99	0.87	0.95	0.90	0.99	0.92	0.81	0.87	0.92	0.87	0.83
Price to Tangible Book Value (P/TBV)	1.13	0.99	1.09	1.03	1.14	1.06	0.94	1.00	1.07	1.02	0.97
Price to Revenue (P/Rev)	7.57	7.09	8.22	7.98	8.90	8.85	8.12	9.13	9.56	9.48	9.78
Price to Earnings (P/E)	0.00	0.00	0.00	240.57	194.56	170.70	129.27	212.63	130.54	112.45	112.18
Dividend Yield	5.27%	5.87%	4.99%	5.09%	4.49%	4.77%	5.43%	4.70%	4.65%	4.81%	4.87%
Earnings Yield	0.00%	0.00%	0.00%	0.42%	0.51%	0.59%	0.77%	0.47%	0.77%	0.89%	0.89%
Enterprise Value to Invested Capital (EV/IC)	0.99	0.92	0.97	0.94	0.99	0.95	0.87	0.91	0.94	0.91	0.88
Enterprise Value to Revenue (EV/Rev)	12.98	12.48	13.28	12.94	13.99	13.54	12.86	13.50	14.22	14.71	14.57
Enterprise Value to EBITDA (EV/EBITDA)	21.16	21.65	21.79	20.05	21.04	19.97	18.35	19.01	19.79	20.61	20.93
Enterprise Value to EBIT (EV/EBIT)	91.33	110.54	90.53	67.54	70.26	68.60	63.62	72.44	74.48	79.66	100.52
Enterprise Value to NOPAT (EV/NOPAT)	136.30	157.34	124.39	67.22	78.27	73.56	73.36	85.54	96.04	109.97	142.28
Enterprise Value to Operating Cash Flow (EV/OCF)	22.06	22.53	22.76	23.15	25.45	22.27	24.80	24.38	26.28	27.97	24.14
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.70	0.65	0.58	0.55	0.56	0.48	0.46	0.40	0.44	0.47	0.41
Long-Term Debt to Equity	0.70	0.65	0.58	0.55	0.56	0.48	0.43	0.32	0.35	0.47	0.41
Financial Leverage	0.63	0.57	0.53	0.48	0.50	0.47	0.43	0.42	0.39	0.40	0.34
Leverage Ratio	1.67	1.61	1.57	1.52	1.54	1.52	1.49	1.47	1.44	1.45	1.40
Compound Leverage Factor	0.22	-2.75	-3.16	-0.66	0.23	0.39	0.77	-0.25	0.39	0.65	0.48
Debt to Total Capital	41.13%	39.39%	36.67%	35.58%	35.69%	32.38%	31.73%	28.77%	30.35%	31.83%	28.94%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.33%	6.27%	6.10%	0.00%	0.00%
Long-Term Debt to Total Capital	41.13%	39.39%	36.67%	35.58%	35.69%	32.38%	29.39%	22.50%	24.24%	31.83%	28.94%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.32%	0.32%	0.34%	0.37%	0.42%	0.45%	0.49%	0.55%	0.59%	0.62%	0.68%
Common Equity to Total Capital	58.55%	60.29%	62.99%	64.05%	63.89%	67.17%	67.78%	70.68%	69.06%	67.55%	70.34%
Debt to EBITDA	8.75	9.27	8.23	7.61	7.56	6.82	6.67	6.04	6.36	7.19	6.99
Net Debt to EBITDA	8.75	9.27	8.23	7.61	7.56	6.82	6.67	6.04	6.36	7.19	6.71
Long-Term Debt to EBITDA	8.75	9.27	8.23	7.61	7.56	6.82	6.18	4.73	5.08	7.19	6.99
Debt to NOPAT	56.37	67.35	46.96	25.52	28.13	25.12	26.65	27.18	30.87	38.37	47.52
Net Debt to NOPAT	56.37	67.35	46.96	25.52	28.13	25.12	26.65	27.18	30.87	38.37	45.65
Long-Term Debt to NOPAT	56.37	67.35	46.96	25.52	28.13	25.12	24.69	21.26	24.66	38.37	47.52
Altman Z-Score	0.79	0.72	0.89	0.91	1.00	1.05	0.92	1.08	1.05	1.02	1.10
Noncontrolling Interest Sharing Ratio	0.60%	0.60%	0.63%	0.67%	0.75%	0.78%	0.86%	0.90%	1.02%	1.10%	2.02%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.46	1.64	1.35	2.49	2.24	1.44	0.51	0.28	0.05	1.03	1.90
Quick Ratio	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.76
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-247	-324	-324	-350	-395	-324	-390	-367	-408	-521	-505
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	141.56%	0.00%	0.00%	74.95%	125.47%	0.00%	0.00%	256.68%
Free Cash Flow to Firm to Interest Expense	-21.59	-37.78	-40.69	-46.02	-63.96	-57.46	-98.88	-64.98	-103.37	-149.93	-167.26
Operating Cash Flow to Interest Expense	1.93	3.27	3.15	3.34	1.89	5.07	4.34	3.47	3.75	3.44	5.45
Operating Cash Flow Less CapEx to Interest Expense	5.29	13.22	3.53	0.98	5.20	15.95	-1.45	0.70	7.67	11.08	3.33
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.08	0.08	0.08	0.08	0.08	0.07	0.07	0.07	0.07	0.07	0.07
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Inventory Turnover	0.00	0.00	0.39	0.31	0.51	0.00	0.50	0.77	2.31	0.00	0.00
Fixed Asset Turnover	0.10	0.10	0.10	0.10	0.10	0.09	0.09	0.09	0.09	0.09	0.09
Accounts Payable Turnover	0.00	0.00	0.49	0.59	0.65	0.00	0.57	0.64	0.76	0.00	0.38
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	930.73	1,166.96	711.70	0.00	733.50	471.57	158.16	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	742.80	621.20	565.00	0.00	641.30	573.66	481.36	0.00	954.74
Cash Conversion Cycle (CCC)	0.00	0.00	187.93	545.76	146.70	0.00	92.20	-102.09	-323.20	0.00	-954.74
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,233	2,210	2,128	2,047	1,975	1,884	1,802	1,691	1,573	1,553	1,405
Invested Capital Turnover	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.08	0.07	0.07
Increase / (Decrease) in Invested Capital	259	325	326	355	402	331	398	370	413	525	509
Enterprise Value (EV)	2,219	2,031	2,066	1,917	1,960	1,785	1,573	1,531	1,485	1,417	1,231
Market Capitalization	1,294	1,154	1,279	1,181	1,247	1,167	993	1,035	998	913	826
Book Value per Share	$16.00	$16.31	$17.32	$17.86	$17.21	$18.41	$18.23	$19.64	$18.72	$19.11	$19.85
Tangible Book Value per Share	$14.06	$14.30	$15.19	$15.65	$14.95	$16.06	$15.78	$17.04	$16.06	$16.36	$16.88
Total Capital	2,231	2,208	2,127	2,046	1,974	1,883	1,801	1,691	1,573	1,553	1,421
Total Debt	918	869	780	728	704	610	572	487	477	494	411
Total Long-Term Debt	918	869	780	728	704	610	530	381	381	494	411
Net Debt	918	869	780	728	704	610	572	487	477	494	395
Capital Expenditures (CapEx)	-39	-85	-2.99	18	-20	-61	23	16	-15	-27	6.41
Debt-free, Cash-free Net Working Capital (DFCFNWC)	47	19	12	41	33	16	5.11	8.85	-19	0.67	2.79
Debt-free Net Working Capital (DFNWC)	47	19	12	41	33	16	5.11	8.85	-19	0.67	19
Net Working Capital (NWC)	47	19	12	41	33	16	-37	-97	-115	0.67	19
Net Nonoperating Expense (NNE)	9.55	6.58	6.97	7.83	5.38	4.95	3.19	3.69	4.23	1.37	2.56
Net Nonoperating Obligations (NNO)	920	871	781	729	705	611	573	487	477	495	395
Total Depreciation and Amortization (D&A)	22	20	20	18	17	17	15	16	15	14	14
Debt-free, Cash-free Net Working Capital to Revenue	27.69%	11.66%	7.69%	27.51%	23.26%	12.09%	4.18%	7.81%	-18.45%	0.69%	3.30%
Debt-free Net Working Capital to Revenue	27.69%	11.66%	7.69%	27.51%	23.26%	12.09%	4.18%	7.81%	-18.45%	0.69%	22.47%
Net Working Capital to Revenue	27.69%	11.66%	7.69%	27.51%	23.26%	12.09%	-30.15%	-85.67%	-110.41%	0.69%	22.47%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.02	($0.07)	($0.07)	($0.03)	$0.01	$0.03	$0.06	($0.01)	$0.03	$0.05	$0.03
Adjusted Weighted Average Basic Shares Outstanding	81.64M	76.52M	77.61M	73.59M	73.25M	63.92M	67.11M	61.04M	58.16M	49.52M	50.45M
Adjusted Diluted Earnings per Share	$0.02	($0.07)	($0.07)	($0.03)	$0.01	$0.03	$0.06	($0.01)	$0.03	$0.05	$0.03
Adjusted Weighted Average Diluted Shares Outstanding	82.13M	76.52M	77.61M	73.59M	74.57M	64.67M	68.05M	61.04M	58.88M	50.43M	51.38M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	81.71M	81.66M	81.58M	77.38M	73.37M	73.22M	68.70M	66.99M	60.86M	58.03M	54.88M
Normalized Net Operating Profit after Tax (NOPAT)	15	10	8.54	8.21	10	9.60	8.97	4.88	3.88	4.18	3.98
Normalized NOPAT Margin	32.30%	22.68%	20.60%	20.75%	26.63%	26.05%	26.40%	15.44%	13.19%	15.32%	15.93%
Pre Tax Income Margin	3.74%	-12.26%	-12.84%	-5.80%	2.84%	5.35%	12.53%	-2.61%	4.88%	10.44%	6.36%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.15	0.37	0.33	0.70	1.17	1.35	2.08	0.85	1.36	1.82	1.53
NOPAT to Interest Expense	0.98	0.14	0.21	0.73	1.04	1.22	1.88	0.51	1.45	1.20	1.32
EBIT Less CapEx to Interest Expense	4.51	10.32	0.71	-1.66	4.48	12.23	-3.71	-1.91	5.29	9.47	-0.60
NOPAT Less CapEx to Interest Expense	4.35	10.08	0.58	-1.63	4.35	12.10	-3.90	-2.25	5.37	8.85	-0.80
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-580.89%	-531.88%	-1,317.47%	1,178.84%	858.38%	755.91%	633.04%	920.88%	553.19%	486.92%	504.90%
Augmented Payout Ratio	-586.52%	-544.37%	-1,361.90%	1,218.82%	886.32%	765.89%	640.02%	940.69%	565.13%	504.94%	521.60%

Frequently Asked Questions About NETSTREIT's Financials

When does NETSTREIT's financial year end?

According to the most recent income statement we have on file, NETSTREIT's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has NETSTREIT's net income changed over the last 5 years?

NETSTREIT's net income appears to be on a downward trend, with a most recent value of -$12 million in 2024, rising from -$8.07 million in 2019. The previous period was $6.89 million in 2023. Find out what analysts predict for NETSTREIT in the coming months.

What is NETSTREIT's operating income?

NETSTREIT's total operating income in 2024 was $18.44 million, based on the following breakdown:

Total Gross Profit: $162.78 million
Total Operating Expenses: $144.34 million

How has NETSTREIT revenue changed over the last 5 years?

Over the last 5 years, NETSTREIT's total revenue changed from $19.86 million in 2019 to $162.78 million in 2024, a change of 719.7%.

How much debt does NETSTREIT have?

NETSTREIT's total liabilities were at $921.21 million at the end of 2024, a 36.9% increase from 2023, and a 407.6% increase since 2019.

How has NETSTREIT's book value per share changed over the last 5 years?

Over the last 5 years, NETSTREIT's book value per share changed from 13.16 in 2019 to 16.31 in 2024, a change of 23.9%.

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This page (NYSE:NTST) was last updated on 5/25/2025 by MarketBeat.com Staff

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NETSTREIT (NTST) Financials

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NETSTREIT (NTST) Financials

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