Netstreit vs Wheeler Real Estate Investment Trust
Netstreit is the larger business, with $195m of revenue in fiscal 2025 against $99.4m for Wheeler Real Estate Investment Trust (2.0 times as much). Netstreit grew faster (19.8% against -4.9%). Wheeler Real Estate Investment Trust kept more of each dollar of sales as profit: a net margin of 8.8% against 3.5%. Netstreit carries less debt relative to equity (76.6% against 206342.3%).
| Latest fiscal year | NetstreitNTST, 2025 | Wheeler Real Estate Investment TrustWHLR, 2025 |
|---|---|---|
| Revenue | $195m | $99.4m |
| Revenue growth | 19.8% | -4.9% |
| Net income | $6.9m | $8.8m |
| Operating margin | — | 43.5% |
| Net margin | 3.5% | 8.8% |
| Return on equity | 0.5% | — |
| Free cash flow | $109m | $4.0m |
| Cash | $14.5m | $23.7m |
| Total debt | $1.11bn | $483m |
| Debt to equity | 76.6% | 206342.3% |
| Dividend per share | $0.85 | — |
| Dividend yield | 3.7% | 5166.1% |
| Share buybacks | $753,000 | — |
| Employees | 29 | 49 |
| Market value | $2.23bn | $101,541 |
| Price vs our value range | — | — |
| Moat score | 34 (Weak) | 49 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 7 buys, 17 sales |