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Side-by-side financial comparison of Claritev Corp (CTEV) and NNN REIT, INC. (NNN). Click either name above to swap in a different company.

Claritev Corp is the larger business by last-quarter revenue ($246.6M vs $240.4M, roughly 1.0× NNN REIT, INC.). NNN REIT, INC. runs the higher net margin — 39.1% vs -32.7%, a 71.8% gap on every dollar of revenue. On growth, Claritev Corp posted the faster year-over-year revenue change (6.2% vs 4.1%). Over the past eight quarters, NNN REIT, INC.'s revenue compounded faster (5.3% CAGR vs 2.5%).

NNN Reit, Inc. is a real estate investment trust that invests primarily in restaurant properties that are subject to long-term triple net leases, usually under leaseback arrangements. It is organized in Maryland with its principal office in Orlando, Florida.

CTEV vs NNN — Head-to-Head

Bigger by revenue
CTEV
CTEV
1.0× larger
CTEV
$246.6M
$240.4M
NNN
Growing faster (revenue YoY)
CTEV
CTEV
+2.1% gap
CTEV
6.2%
4.1%
NNN
Higher net margin
NNN
NNN
71.8% more per $
NNN
39.1%
-32.7%
CTEV
Faster 2-yr revenue CAGR
NNN
NNN
Annualised
NNN
5.3%
2.5%
CTEV

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CTEV
CTEV
NNN
NNN
Revenue
$246.6M
$240.4M
Net Profit
$-80.6M
$94.0M
Gross Margin
Operating Margin
-3.1%
61.0%
Net Margin
-32.7%
39.1%
Revenue YoY
6.2%
4.1%
Net Profit YoY
41.6%
-2.6%
EPS (diluted)
$-4.88
$0.50

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CTEV
CTEV
NNN
NNN
Q1 26
$240.4M
Q4 25
$246.6M
$238.4M
Q3 25
$246.0M
$230.2M
Q2 25
$241.6M
$226.8M
Q1 25
$231.3M
$230.9M
Q4 24
$232.1M
$218.5M
Q3 24
$230.5M
$218.6M
Q2 24
$233.5M
$216.8M
Net Profit
CTEV
CTEV
NNN
NNN
Q1 26
$94.0M
Q4 25
$-80.6M
$96.0M
Q3 25
$-69.8M
$96.8M
Q2 25
$-62.6M
$100.5M
Q1 25
$-71.3M
$96.5M
Q4 24
$-138.0M
$97.9M
Q3 24
$-391.4M
$97.9M
Q2 24
$-576.7M
$106.7M
Operating Margin
CTEV
CTEV
NNN
NNN
Q1 26
61.0%
Q4 25
-3.1%
62.3%
Q3 25
4.1%
64.0%
Q2 25
6.9%
66.0%
Q1 25
4.2%
62.3%
Q4 24
-17.8%
65.8%
Q3 24
-146.7%
65.7%
Q2 24
-224.4%
70.2%
Net Margin
CTEV
CTEV
NNN
NNN
Q1 26
39.1%
Q4 25
-32.7%
40.2%
Q3 25
-28.4%
42.1%
Q2 25
-25.9%
44.3%
Q1 25
-30.8%
41.8%
Q4 24
-59.4%
44.8%
Q3 24
-169.8%
44.8%
Q2 24
-247.0%
49.2%
EPS (diluted)
CTEV
CTEV
NNN
NNN
Q1 26
$0.50
Q4 25
$-4.88
$0.51
Q3 25
$-4.23
$0.51
Q2 25
$-3.81
$0.54
Q1 25
$-4.38
$0.51
Q4 24
$-8.49
$0.52
Q3 24
$-24.25
$0.53
Q2 24
$-35.78
$0.58

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CTEV
CTEV
NNN
NNN
Cash + ST InvestmentsLiquidity on hand
$16.8M
$4.6M
Total DebtLower is stronger
$4.6B
Stockholders' EquityBook value
$-173.9M
$4.4B
Total Assets
$4.9B
$9.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTEV
CTEV
NNN
NNN
Q1 26
$4.6M
Q4 25
$16.8M
$5.0M
Q3 25
$39.2M
$157.9M
Q2 25
$56.4M
$6.0M
Q1 25
$23.1M
$5.1M
Q4 24
$16.8M
$8.7M
Q3 24
$86.6M
$173.5M
Q2 24
$48.8M
$2.1M
Total Debt
CTEV
CTEV
NNN
NNN
Q1 26
Q4 25
$4.6B
Q3 25
$4.5B
Q2 25
$4.5B
Q1 25
$4.5B
Q4 24
$4.5B
Q3 24
$4.5B
Q2 24
$4.5B
Stockholders' Equity
CTEV
CTEV
NNN
NNN
Q1 26
$4.4B
Q4 25
$-173.9M
$4.4B
Q3 25
$-101.8M
$4.4B
Q2 25
$-39.9M
$4.4B
Q1 25
$14.8M
$4.4B
Q4 24
$84.0M
$4.4B
Q3 24
$207.6M
$4.4B
Q2 24
$603.4M
$4.2B
Total Assets
CTEV
CTEV
NNN
NNN
Q1 26
$9.4B
Q4 25
$4.9B
$9.4B
Q3 25
$5.0B
$9.5B
Q2 25
$5.1B
$9.1B
Q1 25
$5.1B
$9.0B
Q4 24
$5.2B
$8.9B
Q3 24
$5.3B
$8.9B
Q2 24
$5.7B
$8.7B
Debt / Equity
CTEV
CTEV
NNN
NNN
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
304.87×
Q4 24
53.67×
Q3 24
21.73×
Q2 24
7.48×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CTEV
CTEV
NNN
NNN
Operating Cash FlowLast quarter
$66.3M
Free Cash FlowOCF − Capex
$36.4M
FCF MarginFCF / Revenue
14.8%
Capex IntensityCapex / Revenue
12.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-12.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTEV
CTEV
NNN
NNN
Q1 26
Q4 25
$66.3M
$667.1M
Q3 25
$19.9M
$218.3M
Q2 25
$61.2M
$119.4M
Q1 25
$-30.1M
$203.3M
Q4 24
$-33.4M
$635.5M
Q3 24
$72.8M
$206.6M
Q2 24
$18.5M
$120.5M
Free Cash Flow
CTEV
CTEV
NNN
NNN
Q1 26
Q4 25
$36.4M
Q3 25
$-16.3M
Q2 25
$36.6M
Q1 25
$-68.9M
Q4 24
$-63.8M
Q3 24
$41.1M
Q2 24
$-7.0M
FCF Margin
CTEV
CTEV
NNN
NNN
Q1 26
Q4 25
14.8%
Q3 25
-6.6%
Q2 25
15.2%
Q1 25
-29.8%
Q4 24
-27.5%
Q3 24
17.8%
Q2 24
-3.0%
Capex Intensity
CTEV
CTEV
NNN
NNN
Q1 26
Q4 25
12.1%
Q3 25
14.7%
Q2 25
10.2%
Q1 25
16.8%
Q4 24
13.1%
Q3 24
13.8%
Q2 24
10.9%
Cash Conversion
CTEV
CTEV
NNN
NNN
Q1 26
Q4 25
6.95×
Q3 25
2.25×
Q2 25
1.19×
Q1 25
2.11×
Q4 24
6.49×
Q3 24
2.11×
Q2 24
1.13×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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