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NNN vs. MAA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between NNN and MAA is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

NNN vs. MAA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in National Retail Properties, Inc. (NNN) and Mid-America Apartment Communities, Inc. (MAA). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

NNN:

0.39

MAA:

1.21

Sortino Ratio

NNN:

0.71

MAA:

1.73

Omega Ratio

NNN:

1.09

MAA:

1.22

Calmar Ratio

NNN:

0.37

MAA:

0.65

Martin Ratio

NNN:

0.74

MAA:

4.92

Ulcer Index

NNN:

11.06%

MAA:

5.10%

Daily Std Dev

NNN:

20.07%

MAA:

21.23%

Max Drawdown

NNN:

-56.17%

MAA:

-60.29%

Current Drawdown

NNN:

-11.81%

MAA:

-22.55%

Fundamentals

Market Cap

NNN:

$7.80B

MAA:

$18.71B

EPS

NNN:

$2.14

MAA:

$4.81

PE Ratio

NNN:

19.39

MAA:

32.38

PEG Ratio

NNN:

4.92

MAA:

10.19

PS Ratio

NNN:

8.82

MAA:

8.52

PB Ratio

NNN:

1.79

MAA:

3.05

Total Revenue (TTM)

NNN:

$884.71M

MAA:

$2.20B

Gross Profit (TTM)

NNN:

$850.18M

MAA:

$705.48M

EBITDA (TTM)

NNN:

$840.28M

MAA:

$1.35B

Returns By Period

In the year-to-date period, NNN achieves a 5.22% return, which is significantly higher than MAA's 3.36% return. Over the past 10 years, NNN has underperformed MAA with an annualized return of 6.04%, while MAA has yielded a comparatively higher 11.35% annualized return.


NNN

YTD

5.22%

1M

1.58%

6M

-2.27%

1Y

7.68%

3Y*

3.45%

5Y*

11.57%

10Y*

6.04%

MAA

YTD

3.36%

1M

-1.88%

6M

-2.68%

1Y

25.53%

3Y*

-0.95%

5Y*

9.95%

10Y*

11.35%

*Annualized

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National Retail Properties, Inc.

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

NNN vs. MAA — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NNN
The Risk-Adjusted Performance Rank of NNN is 6161
Overall Rank
The Sharpe Ratio Rank of NNN is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of NNN is 5757
Sortino Ratio Rank
The Omega Ratio Rank of NNN is 5555
Omega Ratio Rank
The Calmar Ratio Rank of NNN is 6868
Calmar Ratio Rank
The Martin Ratio Rank of NNN is 6060
Martin Ratio Rank

MAA
The Risk-Adjusted Performance Rank of MAA is 8181
Overall Rank
The Sharpe Ratio Rank of MAA is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of MAA is 8181
Sortino Ratio Rank
The Omega Ratio Rank of MAA is 7878
Omega Ratio Rank
The Calmar Ratio Rank of MAA is 7676
Calmar Ratio Rank
The Martin Ratio Rank of MAA is 8585
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NNN vs. MAA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for National Retail Properties, Inc. (NNN) and Mid-America Apartment Communities, Inc. (MAA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current NNN Sharpe Ratio is 0.39, which is lower than the MAA Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of NNN and MAA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

NNN vs. MAA - Dividend Comparison

NNN's dividend yield for the trailing twelve months is around 5.56%, more than MAA's 3.81% yield.


TTM20242023202220212020201920182017201620152014
NNN
National Retail Properties, Inc.
5.56%5.61%5.17%4.72%4.37%5.06%3.79%4.02%4.31%4.03%4.27%4.19%
MAA
Mid-America Apartment Communities, Inc.
3.81%3.80%4.16%2.98%2.25%3.16%2.91%3.86%3.46%3.35%3.39%3.91%

Drawdowns

NNN vs. MAA - Drawdown Comparison

The maximum NNN drawdown since its inception was -56.17%, smaller than the maximum MAA drawdown of -60.29%. Use the drawdown chart below to compare losses from any high point for NNN and MAA.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

NNN vs. MAA - Volatility Comparison

The current volatility for National Retail Properties, Inc. (NNN) is 4.94%, while Mid-America Apartment Communities, Inc. (MAA) has a volatility of 6.80%. This indicates that NNN experiences smaller price fluctuations and is considered to be less risky than MAA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

NNN vs. MAA - Financials Comparison

This section allows you to compare key financial metrics between National Retail Properties, Inc. and Mid-America Apartment Communities, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


200.00M300.00M400.00M500.00M600.00M20212022202320242025
230.85M
549.30M
(NNN) Total Revenue
(MAA) Total Revenue
Values in USD except per share items

NNN vs. MAA - Profitability Comparison

The chart below illustrates the profitability comparison between National Retail Properties, Inc. and Mid-America Apartment Communities, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

20.0%40.0%60.0%80.0%100.0%20212022202320242025
95.9%
31.9%
(NNN) Gross Margin
(MAA) Gross Margin
NNN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, National Retail Properties, Inc. reported a gross profit of 221.48M and revenue of 230.85M. Therefore, the gross margin over that period was 95.9%.

MAA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Mid-America Apartment Communities, Inc. reported a gross profit of 175.01M and revenue of 549.30M. Therefore, the gross margin over that period was 31.9%.

NNN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, National Retail Properties, Inc. reported an operating income of 143.85M and revenue of 230.85M, resulting in an operating margin of 62.3%.

MAA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Mid-America Apartment Communities, Inc. reported an operating income of 159.40M and revenue of 549.30M, resulting in an operating margin of 29.0%.

NNN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, National Retail Properties, Inc. reported a net income of 96.46M and revenue of 230.85M, resulting in a net margin of 41.8%.

MAA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Mid-America Apartment Communities, Inc. reported a net income of 181.67M and revenue of 549.30M, resulting in a net margin of 33.1%.