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Side-by-side financial comparison of MONRO, INC. (MNRO) and NNN REIT, INC. (NNN). Click either name above to swap in a different company.
MONRO, INC. is the larger business by last-quarter revenue ($293.4M vs $240.4M, roughly 1.2× NNN REIT, INC.). NNN REIT, INC. runs the higher net margin — 39.1% vs 3.8%, a 35.3% gap on every dollar of revenue. On growth, NNN REIT, INC. posted the faster year-over-year revenue change (4.1% vs -4.0%). Over the past eight quarters, NNN REIT, INC.'s revenue compounded faster (5.3% CAGR vs -2.7%).
Monro, Inc. is an automotive services company founded and headquartered in Rochester, New York, U.S. As of 2025, Monro has 1,260 locations making them the second-largest automotive services company in North America after Driven Brands by number of locations and by revenue.
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.
MNRO vs NNN — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $293.4M | $240.4M |
| Net Profit | $11.1M | $94.0M |
| Gross Margin | 34.9% | — |
| Operating Margin | 6.3% | 61.0% |
| Net Margin | 3.8% | 39.1% |
| Revenue YoY | -4.0% | 4.1% |
| Net Profit YoY | 143.1% | -2.6% |
| EPS (diluted) | $0.35 | $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.
| Q1 26 | — | $240.4M | ||
| Q4 25 | $293.4M | $238.4M | ||
| Q3 25 | $288.9M | $230.2M | ||
| Q2 25 | $301.0M | $226.8M | ||
| Q1 25 | $295.0M | $230.9M | ||
| Q4 24 | $305.8M | $218.5M | ||
| Q3 24 | $301.4M | $218.6M | ||
| Q2 24 | $293.2M | $216.8M |
| Q1 26 | — | $94.0M | ||
| Q4 25 | $11.1M | $96.0M | ||
| Q3 25 | $5.7M | $96.8M | ||
| Q2 25 | $-8.1M | $100.5M | ||
| Q1 25 | $-21.3M | $96.5M | ||
| Q4 24 | $4.6M | $97.9M | ||
| Q3 24 | $5.6M | $97.9M | ||
| Q2 24 | $5.9M | $106.7M |
| Q1 26 | — | — | ||
| Q4 25 | 34.9% | — | ||
| Q3 25 | 35.7% | — | ||
| Q2 25 | 35.5% | — | ||
| Q1 25 | 33.0% | — | ||
| Q4 24 | 34.3% | — | ||
| Q3 24 | 35.3% | — | ||
| Q2 24 | 37.2% | — |
| Q1 26 | — | 61.0% | ||
| Q4 25 | 6.3% | 62.3% | ||
| Q3 25 | 4.4% | 64.0% | ||
| Q2 25 | -2.0% | 66.0% | ||
| Q1 25 | -8.1% | 62.3% | ||
| Q4 24 | 3.3% | 65.8% | ||
| Q3 24 | 4.4% | 65.7% | ||
| Q2 24 | 4.5% | 70.2% |
| Q1 26 | — | 39.1% | ||
| Q4 25 | 3.8% | 40.2% | ||
| Q3 25 | 2.0% | 42.1% | ||
| Q2 25 | -2.7% | 44.3% | ||
| Q1 25 | -7.2% | 41.8% | ||
| Q4 24 | 1.5% | 44.8% | ||
| Q3 24 | 1.9% | 44.8% | ||
| Q2 24 | 2.0% | 49.2% |
| Q1 26 | — | $0.50 | ||
| Q4 25 | $0.35 | $0.51 | ||
| Q3 25 | $0.18 | $0.51 | ||
| Q2 25 | $-0.28 | $0.54 | ||
| Q1 25 | $-0.74 | $0.51 | ||
| Q4 24 | $0.15 | $0.52 | ||
| Q3 24 | $0.18 | $0.53 | ||
| Q2 24 | $0.19 | $0.58 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.9M | $4.6M |
| Total DebtLower is stronger | $45.0M | — |
| Stockholders' EquityBook value | $604.9M | $4.4B |
| Total Assets | $1.6B | $9.4B |
| Debt / EquityLower = less leverage | 0.07× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $4.6M | ||
| Q4 25 | $4.9M | $5.0M | ||
| Q3 25 | $10.5M | $157.9M | ||
| Q2 25 | $7.8M | $6.0M | ||
| Q1 25 | $20.8M | $5.1M | ||
| Q4 24 | $10.2M | $8.7M | ||
| Q3 24 | $20.9M | $173.5M | ||
| Q2 24 | $18.7M | $2.1M |
| Q1 26 | — | — | ||
| Q4 25 | $45.0M | — | ||
| Q3 25 | $60.0M | — | ||
| Q2 25 | $71.5M | — | ||
| Q1 25 | $61.3M | — | ||
| Q4 24 | $59.3M | — | ||
| Q3 24 | $62.0M | — | ||
| Q2 24 | $112.0M | — |
| Q1 26 | — | $4.4B | ||
| Q4 25 | $604.9M | $4.4B | ||
| Q3 25 | $601.7M | $4.4B | ||
| Q2 25 | $604.9M | $4.4B | ||
| Q1 25 | $620.8M | $4.4B | ||
| Q4 24 | $648.9M | $4.4B | ||
| Q3 24 | $651.9M | $4.4B | ||
| Q2 24 | $654.4M | $4.2B |
| Q1 26 | — | $9.4B | ||
| Q4 25 | $1.6B | $9.4B | ||
| Q3 25 | $1.6B | $9.5B | ||
| Q2 25 | $1.6B | $9.1B | ||
| Q1 25 | $1.6B | $9.0B | ||
| Q4 24 | $1.7B | $8.9B | ||
| Q3 24 | $1.7B | $8.9B | ||
| Q2 24 | $1.7B | $8.7B |
| Q1 26 | — | — | ||
| Q4 25 | 0.07× | — | ||
| Q3 25 | 0.10× | — | ||
| Q2 25 | 0.12× | — | ||
| Q1 25 | 0.10× | — | ||
| Q4 24 | 0.09× | — | ||
| Q3 24 | 0.10× | — | ||
| Q2 24 | 0.17× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $17.8M | — |
| Free Cash FlowOCF − Capex | $9.1M | — |
| FCF MarginFCF / Revenue | 3.1% | — |
| Capex IntensityCapex / Revenue | 3.0% | — |
| Cash ConversionOCF / Net Profit | 1.60× | — |
| TTM Free Cash FlowTrailing 4 quarters | $49.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $17.8M | $667.1M | ||
| Q3 25 | $32.3M | $218.3M | ||
| Q2 25 | $-1.9M | $119.4M | ||
| Q1 25 | $28.9M | $203.3M | ||
| Q4 24 | $14.8M | $635.5M | ||
| Q3 24 | $62.6M | $206.6M | ||
| Q2 24 | $25.6M | $120.5M |
| Q1 26 | — | — | ||
| Q4 25 | $9.1M | — | ||
| Q3 25 | $26.6M | — | ||
| Q2 25 | $-9.3M | — | ||
| Q1 25 | $23.2M | — | ||
| Q4 24 | $7.9M | — | ||
| Q3 24 | $57.6M | — | ||
| Q2 24 | $16.8M | — |
| Q1 26 | — | — | ||
| Q4 25 | 3.1% | — | ||
| Q3 25 | 9.2% | — | ||
| Q2 25 | -3.1% | — | ||
| Q1 25 | 7.9% | — | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 19.1% | — | ||
| Q2 24 | 5.7% | — |
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | — | ||
| Q3 25 | 2.0% | — | ||
| Q2 25 | 2.5% | — | ||
| Q1 25 | 1.9% | — | ||
| Q4 24 | 2.2% | — | ||
| Q3 24 | 1.6% | — | ||
| Q2 24 | 3.0% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.60× | 6.95× | ||
| Q3 25 | 5.71× | 2.25× | ||
| Q2 25 | — | 1.19× | ||
| Q1 25 | — | 2.11× | ||
| Q4 24 | 3.23× | 6.49× | ||
| Q3 24 | 11.08× | 2.11× | ||
| Q2 24 | 4.37× | 1.13× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MNRO
| Tires | $150.2M | 51% |
| Maintenance | $73.5M | 25% |
| Brakes | $35.1M | 12% |
| Steering | $24.9M | 8% |
| Batteries | $6.2M | 2% |
| Exhaust | $3.2M | 1% |
NNN
Segment breakdown not available.
