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

NNN REIT, INC. is the larger business by last-quarter revenue ($240.4M vs $184.3M, roughly 1.3× WW INTERNATIONAL, INC.). NNN REIT, INC. runs the higher net margin — 39.1% vs -30.5%, a 69.6% gap on every dollar of revenue. On growth, NNN REIT, INC. posted the faster year-over-year revenue change (4.1% vs -4.5%). Over the past eight quarters, NNN REIT, INC.'s revenue compounded faster (5.3% CAGR vs -7.4%).

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.

WW International, Inc., formerly Weight Watchers International, Inc., is a global company headquartered in the U.S. that offers weight loss and maintenance, fitness, and mindset services such as the Weight Watchers comprehensive diet program. Founded in 1963 by Queens, New York City homemaker Jean Nidetch, WW's program has three options as of 2019: online via its mobile app and website, coaching online or by phone, or in-person meetings.

NNN vs WW — Head-to-Head

Bigger by revenue
NNN
NNN
1.3× larger
NNN
$240.4M
$184.3M
WW
Growing faster (revenue YoY)
NNN
NNN
+8.6% gap
NNN
4.1%
-4.5%
WW
Higher net margin
NNN
NNN
69.6% more per $
NNN
39.1%
-30.5%
WW
Faster 2-yr revenue CAGR
NNN
NNN
Annualised
NNN
5.3%
-7.4%
WW

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
NNN
NNN
WW
WW
Revenue
$240.4M
$184.3M
Net Profit
$94.0M
$-56.3M
Gross Margin
72.2%
Operating Margin
61.0%
5.8%
Net Margin
39.1%
-30.5%
Revenue YoY
4.1%
-4.5%
Net Profit YoY
-2.6%
-21.8%
EPS (diluted)
$0.50
$-5.63

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
NNN
NNN
WW
WW
Q1 26
$240.4M
Q4 25
$238.4M
Q3 25
$230.2M
$184.3M
Q2 25
$226.8M
Q1 25
$230.9M
$186.6M
Q4 24
$218.5M
$184.4M
Q3 24
$218.6M
$192.9M
Q2 24
$216.8M
$202.1M
Net Profit
NNN
NNN
WW
WW
Q1 26
$94.0M
Q4 25
$96.0M
Q3 25
$96.8M
$-56.3M
Q2 25
$100.5M
Q1 25
$96.5M
$-72.6M
Q4 24
$97.9M
$25.1M
Q3 24
$97.9M
$-46.2M
Q2 24
$106.7M
$23.3M
Gross Margin
NNN
NNN
WW
WW
Q1 26
Q4 25
Q3 25
72.2%
Q2 25
Q1 25
71.2%
Q4 24
69.7%
Q3 24
67.1%
Q2 24
67.9%
Operating Margin
NNN
NNN
WW
WW
Q1 26
61.0%
Q4 25
62.3%
Q3 25
64.0%
5.8%
Q2 25
66.0%
Q1 25
62.3%
-10.8%
Q4 24
65.8%
19.6%
Q3 24
65.7%
-20.2%
Q2 24
70.2%
17.8%
Net Margin
NNN
NNN
WW
WW
Q1 26
39.1%
Q4 25
40.2%
Q3 25
42.1%
-30.5%
Q2 25
44.3%
Q1 25
41.8%
-38.9%
Q4 24
44.8%
13.6%
Q3 24
44.8%
-23.9%
Q2 24
49.2%
11.5%
EPS (diluted)
NNN
NNN
WW
WW
Q1 26
$0.50
Q4 25
$0.51
Q3 25
$0.51
$-5.63
Q2 25
$0.54
Q1 25
$0.51
$-0.91
Q4 24
$0.52
$0.34
Q3 24
$0.53
$-0.58
Q2 24
$0.58
$0.29

Balance Sheet & Financial Strength

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

Metric
NNN
NNN
WW
WW
Cash + ST InvestmentsLiquidity on hand
$4.6M
$170.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.4B
$323.0M
Total Assets
$9.4B
$968.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NNN
NNN
WW
WW
Q1 26
$4.6M
Q4 25
$5.0M
Q3 25
$157.9M
$170.1M
Q2 25
$6.0M
Q1 25
$5.1M
$236.3M
Q4 24
$8.7M
$53.0M
Q3 24
$173.5M
$57.2M
Q2 24
$2.1M
$42.7M
Total Debt
NNN
NNN
WW
WW
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.4B
Stockholders' Equity
NNN
NNN
WW
WW
Q1 26
$4.4B
Q4 25
$4.4B
Q3 25
$4.4B
$323.0M
Q2 25
$4.4B
Q1 25
$4.4B
$-1.2B
Q4 24
$4.4B
$-1.1B
Q3 24
$4.4B
$-1.1B
Q2 24
$4.2B
$-1.1B
Total Assets
NNN
NNN
WW
WW
Q1 26
$9.4B
Q4 25
$9.4B
Q3 25
$9.5B
$968.8M
Q2 25
$9.1B
Q1 25
$9.0B
$696.9M
Q4 24
$8.9B
$550.3M
Q3 24
$8.9B
$562.4M
Q2 24
$8.7B
$614.3M

Cash Flow & Capital Efficiency

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

Metric
NNN
NNN
WW
WW
Operating Cash FlowLast quarter
$8.4M
Free Cash FlowOCF − Capex
$8.4M
FCF MarginFCF / Revenue
4.6%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$44.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NNN
NNN
WW
WW
Q1 26
Q4 25
$667.1M
Q3 25
$218.3M
$8.4M
Q2 25
$119.4M
Q1 25
$203.3M
$15.0M
Q4 24
$635.5M
$4.6M
Q3 24
$206.6M
$16.5M
Q2 24
$120.5M
$-1.9M
Free Cash Flow
NNN
NNN
WW
WW
Q1 26
Q4 25
Q3 25
$8.4M
Q2 25
Q1 25
$15.0M
Q4 24
$4.5M
Q3 24
$16.4M
Q2 24
$-2.2M
FCF Margin
NNN
NNN
WW
WW
Q1 26
Q4 25
Q3 25
4.6%
Q2 25
Q1 25
8.0%
Q4 24
2.4%
Q3 24
8.5%
Q2 24
-1.1%
Capex Intensity
NNN
NNN
WW
WW
Q1 26
Q4 25
Q3 25
0.0%
Q2 25
Q1 25
0.0%
Q4 24
0.1%
Q3 24
0.1%
Q2 24
0.1%
Cash Conversion
NNN
NNN
WW
WW
Q1 26
Q4 25
6.95×
Q3 25
2.25×
Q2 25
1.19×
Q1 25
2.11×
Q4 24
6.49×
0.18×
Q3 24
2.11×
Q2 24
1.13×
-0.08×

Financial Flow Comparison

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

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