NETSTREIT (NTST) Financials

$16.03 -0.12 (-0.74%)

Closing price 05/2/2025 03:59 PM Eastern

Extended Trading

$16.02 -0.01 (-0.03%)

As of 05/2/2025 04:47 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	2019	2020	2021	2022	2023	2024
Period end date	12/22/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-8.07	0.69	3.05	8.12	6.84	-12
Consolidated Net Income / (Loss)	-8.07	0.21	3.15	8.21	6.89	-12
Net Income / (Loss) Continuing Operations	-8.07	0.21	3.15	8.21	6.89	-12
Total Pre-Tax Income	-8.07	0.21	3.21	8.60	6.84	-12
Total Operating Income	-2.95	-1.50	3.48	14	24	18
Total Gross Profit	20	34	53	96	132	163
Total Revenue	20	34	59	96	132	163
Operating Revenue	20	34	59	96	132	163
Total Cost of Revenue	0.00	0.00	5.80	0.00	0.00	0.00
Total Operating Expenses	23	35	50	83	108	144
Selling, General & Admin Expense	3.56	11	15	19	20	20
Depreciation Expense	10	15	31	50	64	77
Other Operating Expenses / (Income)	1.65	5.74	0.70	13	17	18
Impairment Charge	7.19	2.69	3.54	1.11	7.08	30
Total Other Income / (Expense), net	-5.07	1.71	-0.27	-4.90	-17	-30
Interest Expense	11	4.74	3.70	9.18	19	30
Other Income / (Expense), net	5.65	6.45	3.43	4.28	1.93	-0.07
Income Tax Expense	0.00	0.00	0.06	0.40	-0.05	0.05
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	-0.52	0.10	0.09	0.05	-0.06
Basic Earnings per Share	$0.00	$0.04	$0.08	$0.16	$0.11	($0.16)
Weighted Average Basic Shares Outstanding	0.00	17.32M	37.00M	49.52M	63.92M	76.52M
Diluted Earnings per Share	$0.00	$0.01	$0.08	$0.16	$0.11	($0.16)
Weighted Average Diluted Shares Outstanding	0.00	21.16M	38.67M	50.43M	64.67M	76.52M
Weighted Average Basic & Diluted Shares Outstanding	-	28.39M	44.24M	58.03M	73.22M	81.66M
Cash Dividends to Common per Share	-	$0.30	$0.80	$0.80	$0.81	$0.83

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

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	1.40	2.79	1.47	-0.79	4.22	1.94	1.05	-2.29	-5.30	-5.40	1.69
Consolidated Net Income / (Loss)	1.42	2.81	1.48	-0.79	4.24	1.96	1.05	-2.31	-5.32	-5.42	1.70
Net Income / (Loss) Continuing Operations	1.42	2.81	1.48	-0.79	4.24	1.96	1.05	-2.31	-5.32	-5.42	1.70
Total Pre-Tax Income	1.59	2.85	1.44	-0.82	4.25	1.97	1.07	-2.29	-5.32	-5.41	1.72
Total Operating Income	4.46	4.24	5.55	4.14	7.46	6.95	6.53	7.89	2.36	1.66	11
Total Gross Profit	25	27	26	32	34	41	34	40	41	48	46
Total Revenue	25	27	29	32	34	37	38	40	41	44	46
Operating Revenue	25	27	29	32	34	37	38	40	41	44	46
Total Cost of Revenue	0.00	-	3.94	0.00	0.00	-3.94	4.10	0.00	0.00	-4.10	0.00
Total Operating Expenses	21	23	20	27	27	34	27	32	39	47	35
Selling, General & Admin Expense	4.55	5.45	4.91	5.26	5.13	4.87	5.71	5.27	4.29	4.46	5.17
Depreciation Expense	13	14	15	16	16	17	18	19	20	20	21
Other Operating Expenses / (Income)	2.59	3.67	0.11	3.55	4.03	9.19	0.13	4.03	4.52	9.10	4.85
Impairment Charge	0.00	-	0.00	2.84	1.54	2.71	3.66	3.84	9.84	13	3.62
Total Other Income / (Expense), net	-2.87	-1.39	-4.11	-4.97	-3.21	-4.98	-5.46	-10	-7.68	-7.06	-9.64
Interest Expense	3.02	3.47	3.94	5.65	3.95	5.65	6.18	7.60	7.97	8.58	11
Other Income / (Expense), net	0.14	2.08	-0.17	0.68	0.74	0.67	0.72	-2.58	0.28	1.51	1.82
Income Tax Expense	0.17	0.04	-0.04	-0.03	0.02	0.01	0.02	0.01	0.00	0.02	0.02
Net Income / (Loss) Attributable to Noncontrolling Interest	0.02	0.03	0.01	-0.00	0.02	0.02	0.01	-0.02	-0.03	-0.03	0.01
Basic Earnings per Share	$0.03	$0.05	$0.03	($0.01)	$0.06	$0.03	$0.01	($0.03)	($0.07)	($0.07)	$0.02
Weighted Average Basic Shares Outstanding	50.45M	49.52M	58.16M	61.04M	67.11M	63.92M	73.25M	73.59M	77.61M	76.52M	81.64M
Diluted Earnings per Share	$0.03	$0.05	$0.03	($0.01)	$0.06	$0.03	$0.01	($0.03)	($0.07)	($0.07)	$0.02
Weighted Average Diluted Shares Outstanding	51.38M	50.43M	58.88M	61.04M	68.05M	64.67M	74.57M	73.59M	77.61M	76.52M	82.13M
Weighted Average Basic & Diluted Shares Outstanding	54.88M	58.03M	60.86M	66.99M	68.70M	73.22M	73.37M	77.38M	81.58M	81.66M	81.71M
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	2019	2020	2021	2022	2023	2024
Period end date	12/22/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-0.39	-77	-85	63	-41	-16
Net Cash From Operating Activities	5.99	13	31	51	80	90
Net Cash From Continuing Operating Activities	5.99	13	31	51	80	90
Net Income / (Loss) Continuing Operations	-8.07	0.21	3.15	8.21	6.89	-12
Consolidated Net Income / (Loss)	-8.07	0.21	3.15	8.21	6.89	-12
Depreciation Expense	10	15	31	50	64	77
Amortization Expense	1.01	0.62	0.63	0.89	-0.28	-1.45
Non-Cash Adjustments To Reconcile Net Income	3.14	-7.86	-3.78	-3.55	7.41	29
Changes in Operating Assets and Liabilities, net	-0.51	1.86	0.68	-4.98	2.46	-2.15
Net Cash From Investing Activities	76	-362	-430	-468	-452	-433
Net Cash From Continuing Investing Activities	76	-362	-430	-468	-452	-433
Purchase of Property, Plant & Equipment	0.00	-0.05	-0.73	-1.21	-0.04	-0.01
Purchase of Investments	-1.23	-409	-441	-425	-340	-479
Sale of Property, Plant & Equipment	-	-	31	26	38	91
Other Investing Activities, net	-0.45	-1.57	-19	-68	-150	-45
Net Cash From Financing Activities	-82	273	314	481	331	327
Net Cash From Continuing Financing Activities	-82	273	314	481	331	327
Repayment of Debt	-78	-50	-86	-470	-397	-233
Repurchase of Common Equity	0.00	-0.14	-0.50	-1.48	-0.69	-1.50
Payment of Dividends	-5.62	-8.84	-31	-40	-52	-64
Issuance of Debt	0.71	50	150	715	511	492
Issuance of Common Equity	0.00	282	283	278	271	135
Other Financing Activities, net	0.54	-0.01	-1.73	-0.80	-1.03	-1.89
Cash Interest Paid	9.46	4.21	2.99	7.22	18	30
Cash Income Taxes Paid	-	-	0.00	0.13	0.63	-0.03

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

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

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

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

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

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

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

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. Check out NETSTREIT's forecast to explore projected trends and price targets.

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 5/4/2025 by MarketBeat.com Staff

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NETSTREIT (NTST) Financials

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NETSTREIT (NTST) Financials

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