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Companies / Real Estate / NETSTREIT Corp.
NTST

NETSTREIT Corp.

Real EstateREITs
Ticker NTSTDALLAS, TXFiscal year ends DecemberBook value per share $15.58Diluted shares 101.0M

NETSTREIT Corp. (NYSE: NTST) is an internally managed real estate investment trust that acquires, owns, and manages a diversified portfolio of single-tenant commercial retail properties subject to long-term net leases with high-credit-quality tenants across the United States. The company website is www.NETSTREIT.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$195.01M
+19.8% year over year
Last 12 mo $219.16M
25.75%
+14.4 percentage points
Last 12 mo 29.97%
$6.94M
+157.8% year over year
Last 12 mo $13.97M
1.67%
+0.3 percentage points
Last 12 mo 0.88%
Cash & financing
$109.51M
+21.5% year over year
Last 12 mo $119.84M
$109.46M
+21.4% year over year
Last 12 mo $119.80M
0.76
Was 0.65× a year earlier
Last 12 mo 0.89
84.2M
+10.0% year over year
Last 12 mo 101.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What NETSTREIT Corp. does

In the company’s own words

NETSTREIT Corp. (NYSE: NTST) is an internally managed real estate investment trust that acquires, owns, and manages a diversified portfolio of single-tenant commercial retail properties subject to long-term net leases with high-credit-quality tenants across the United States. The company website is www.NETSTREIT.com.

As of December 31, 2025, NETSTREIT owned or had investments in 761 properties diversified by tenant, industry, and geography, comprising 129 different tenants across 28 retail sectors in 45 states. The portfolio generated annualized base rent of $198.3 million, with approximately 44 percent derived from investment-grade credit-rated tenants and an additional 14 percent from tenants with investment-grade profiles. The portfolio maintained 99.9 percent occupancy with a weighted average remaining lease term of 10.1 years.

The company focuses on necessity goods and essential services in the retail sector, including grocers, convenience stores, discount stores, home improvement, quick-service restaurants, general retail, and auto parts. NETSTREIT believes these characteristics make its tenants' businesses e-commerce resistant and resilient through economic cycles. The average purchase price of properties in the portfolio is approximately $3.7 million, with annualized base rent per property of approximately $275 thousand.

NETSTREIT employs a multi-faceted investment strategy encompassing acquisitions of existing stabilized leases, blend-and-extend acquisitions, investments in fully collateralized mortgage loans receivable, property developments including build-to-suit and reverse build-to-suit transactions, and sale-leaseback transactions. During 2025, the company acquired 140 properties for $603.0 million and sold 78 properties for $169.1 million.

The company maintains a capital structure designed to provide flexibility for targeted acquisitions while servicing debt requirements. As of December 31, 2025, NETSTREIT had 29 full-time employees and maintained outstanding senior unsecured term loans totaling $1.1 billion across multiple facilities maturing between 2028 and 2032. The company is structured as an umbrella partnership REIT and has elected to be treated as a REIT for U.S. federal income tax purposes.

Company details
Sector
Real Estate
Industry
REITs
Headquarters
DALLAS, TX
Fiscal year end
December
CIK
1798100
SIC
6798

Financial performance, year by year

Fiscal 2020–2025 · USD
$-35.12M$34.23M$103.58M$172.92M$242.27M202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns NETSTREIT Corp. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

305
funds hold it
0 of 35
superinvestors hold it
$1.23B
held by funds, at market
58.1%
of shares held by funds

Largest fund holders · NETSTREIT Corp.’s weight in each

Cohen & Steers Real Estate Securities Fund
CSEIX · COHEN & STEERS REAL ESTATE SECURITIES FUND INC
2.07%of fund net assets
Real Estate Securities Fund
PRERX · Principal Funds, Inc
1.34%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD REAL ESTATE INDEX FUND
VNQ · VANGUARD SPECIALIZED FUNDS
0.09%of fund net assets
iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.05%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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