On this page of Benford's Law Stocks.com we present our study of NNN REIT, INC. — ticker symbol NNN. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 8/3/2020 to 5/1/2025 for NNN REIT, INC. under CIK number 0000751364. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for NNN, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for NNN REIT, INC. based on the past NNN filings our system processed in the past.
26.2
13.1
11.8
11.8
9.0
5.1
5.7
9.3
8.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, NNN stockholder letter ]
Total numbers found: 389
Recent share count: 188,033,109 (1's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
389
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 4 numbers to move any given column by a full percentage point.
43

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 2's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 4's percentage was above the typical coverage universe range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 8's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 8's percentage was above the company's typical historical range.
 • We deducted points upon observing the 9's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 9's percentage was above the company's typical historical range.
Benford's Law Stocks Indicator
NNN
Low score compared to other filers, falling in the bottom quartile.
LOGC
AMPX
ACRS
ALGS
GRDN
GATO
RDW
AEYE
Check our work! We provide our NNN REIT, INC. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the NNN filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 102 numbers that start with the digit 1. Here they are:
1,200,000,000
187,951,105
116,300
106,951
187,950,480
187,540,929
1,881
1,877
13,008
12,584
130
1,512
1,204
143,852
138,321
119
186,855,097
181,794,208
187,080,084
182,212,897
1,877
108,335
107,730
1,246
1,881
1,826
10,111
102,684
101,948
178
178
1,835
1,512
1,204
1,466
1,301
1,702
1,274
1,326
190,715
15,935
18,940
116,406
120
189
152,000
133,200
167,800
166
108,335
102,684
1,128
168
1,859,000
10
10
1.5
1,012,000
1,200,000,000
14,803,000
14,060,000
167
153
187,761,527
182,700,682
186,855,097
181,794,208
187,080,084
182,212,897
10,959,697
10,726,270
1,012
114
119
15,667
14,753
12,111
12,159
119,231
116,549
10,643
10,923
117,000
1,388,000
1,647,000
10
19
143,758
1,512
1,204
1,100,000,000
10
116,300,000
1,083,700,000
1,274,000
150,000,000
17,500,000
119
16,776
19,494
108,335
102,684
We found 51 numbers that start with the digit 2. Here they are:
2,975
27,725
27,002
29,699
230,574
214,825
280
230,854
215,407
2,173
292
268
268
292
292
20,920
20,925
255
203,282
231,508
215,302
249,500
21,693
2,221
283,000
288,296
270,664
224,987
292
2,963,256
2,919,976
2,123,005
2,065,316
2,460
2,520
283
29,947
224,056
209,084
225,056
210,091
230,574
214,825
2,594
29,168
28,946
2
2,000,000,000
292,000
20,806
292,000
We found 46 numbers that start with the digit 3. Here they are:
331
3,577
3,311
34,245
34,005
375,000,000
33
317
3,813
329
390,929
320
320
32
32
354,270
3,247
3,247
3,813
3,897
36
303
34
386
3,538
331
3,641
37,311,000
3.5
3.4
3.7
331,000
3,575
355
355
34,356
36,000
3,556
32,318
30,808
39,811
39,869
3,813
3
3,907,029,000
3,894,030,000
4's 5's 6's
We found 46 numbers that start with the digit 4. Here they are:
427
4,156
4,375,337
4,373,803
4,665,231
4,510,453
4,356,487
4,362,275
4,821
47,723
44,069
47,394
43,950
460
4,362,275
4
4
460
460
4,356,487
4,971,625
4,157,457
4
4
4,996,698
4,174,858
460
4,821
44,999
41,113
460
4,027
427
444,000
4.9
454,000
427,000
43,820,000
418,689
460
4,734
4,821
460,000
4,652,100
41.61
4,000,000
We found 35 numbers that start with the digit 5. Here they are:
5,097
5,203,561
5,197,644
582
52
52
51
52
5,197,644
5800
50
50
5,083
5,083
5,203,561
5650
500,000
5
5,637
509
53
53
5,155
5,524
50
5.1
57,872
5,518
509,000
55,939
5.21
500,000
5800
5650
5800
We found 20 numbers that start with the digit 6. Here they are:
679
617
64,617
60,615
632
605
632
632
64,617
60,615
661
632
602
655
632
618,134
635,810
6
632,000
655
7's 8's 9's
We found 22 numbers that start with the digit 7. Here they are:
72,048
71,560
74,698
7,791
7,959
7,154
7,959
7,791
736
783
791
7,392
7,148
7,732,000
7,959
7,791
7,996,086
7,805,939
70,342,000
77.5
7,499,000
709
We found 36 numbers that start with the digit 8. Here they are:
8,898,036
8,746,168
8,731
8,288
8,958
8,872,728
841,164
829,287
8,872,728
81,907
829,287
8,941
85
85
841,164
805,883
814,196
80
85
8,482
885
8,086
874,301,000
831,010,000
8,836,692
8,660,954
82,411
8,894,564
8,743,365
8,898,036
8,746,168
886
888
86,913
85,741
87,819
We found 31 numbers that start with the digit 9. Here they are:
9,021,718
98,896
9,021,718
9,375
90,815
96,458
94,371
96,458
94,371
96,626
95,003
96,458
96,458
94,371
94,371
9,569
9,479
96,458
94,371
97,732
97,010
9,062
928
921,000
9,775,000
9,000
96,458
94,371
96,291
94,218
93,000
While the above NNN 10Q Filed 5/1/2025 is interesting in isolation, we have found that it is also useful to take a look at older NNN REIT, INC. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 5/1/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical NNN 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

26.2
13.1
11.8
11.8
9.0
5.1
5.7
9.3
8.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 43
XBRL?   [ original filing ]
Total numbers found: 389

= Typical NNN range from 8/3/2020 to 5/1/2025
34.4
14.9
11.4
10.2
7.4
5.4
4.7
7.3
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 579

= Typical NNN range from 8/3/2020 to 5/1/2025
30.5
17.8
10.3
11.1
7.8
5.2
6.0
6.8
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 78
XBRL?   [ original filing ]
Total numbers found: 629

= Typical NNN range from 8/3/2020 to 5/1/2025
29.4
17.5
17.7
9.9
6.5
4.6
7.2
3.7
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 1,269

= Typical NNN range from 8/3/2020 to 5/1/2025
31.4
9.0
14.5
11.6
11.6
4.3
8.4
5.3
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL?   [ original filing ]
Total numbers found: 491

= Typical NNN range from 8/3/2020 to 5/1/2025
32.1
11.9
12.7
12.2
7.7
5.6
8.8
5.3
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 78
XBRL?   [ original filing ]
Total numbers found: 731

= Typical NNN range from 8/3/2020 to 5/1/2025
30.4
13.7
13.6
13.1
7.9
5.9
6.2
4.8
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 794

= Typical NNN range from 8/3/2020 to 5/1/2025
26.1
16.0
16.7
13.0
6.7
6.3
5.9
5.8
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 1,163

= Typical NNN range from 8/3/2020 to 5/1/2025
28.8
11.8
13.0
12.3
5.8
7.5
5.0
7.3
8.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 11
XBRL?   [ original filing ]
Total numbers found: 399

= Typical NNN range from 8/3/2020 to 5/1/2025
31.6
13.3
12.6
8.6
8.3
6.4
8.8
5.2
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 637

= Typical NNN range from 8/3/2020 to 5/1/2025
32.3
16.2
12.5
11.1
8.7
2.8
6.8
5.9
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 710

= Typical NNN range from 8/3/2020 to 5/1/2025
31.4
17.3
16.4
10.0
6.4
5.5
6.4
3.4
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 1,334

= Typical NNN range from 8/3/2020 to 5/1/2025
28.0
11.0
13.8
14.4
10.1
8.5
7.1
3.7
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL?   [ original filing ]
Total numbers found: 493

= Typical NNN range from 8/3/2020 to 5/1/2025
28.7
11.6
13.7
13.4
7.4
5.2
10.0
7.2
2.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 60
XBRL?   [ original filing ]
Total numbers found: 769

= Typical NNN range from 8/3/2020 to 5/1/2025
29.8
14.8
12.3
14.3
6.0
5.6
5.5
7.7
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 68
XBRL?   [ original filing ]
Total numbers found: 587

= Typical NNN range from 8/3/2020 to 5/1/2025
27.2
17.3
18.0
10.8
6.6
5.4
6.7
4.2
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 78
XBRL?   [ original filing ]
Total numbers found: 1,230

= Typical NNN range from 8/3/2020 to 5/1/2025
27.0
12.9
11.7
9.5
9.3
6.2
5.7
9.1
8.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 49
XBRL?   [ original filing ]
Total numbers found: 419

= Typical NNN range from 8/3/2020 to 5/1/2025
31.4
12.0
15.4
10.0
6.1
6.3
10.9
4.5
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 47
XBRL?   [ original filing ]
Total numbers found: 727

= Typical NNN range from 8/3/2020 to 5/1/2025
32.2
13.1
13.6
12.5
8.3
5.1
5.4
6.4
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 78
XBRL?   [ original filing ]
Total numbers found: 763

= Typical NNN range from 8/3/2020 to 5/1/2025
32.1
18.2
12.7
8.8
7.1
6.2
5.5
5.2
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 20,166

= Typical NNN range from 8/3/2020 to 5/1/2025
 

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