Net Lease Office Properties (NLOP)

NYSE: NLOP · Real-Time Price · USD

9.71

+0.02 (0.21%)

Oct 22, 2026, 4:00 PM EDT - Market closed

NLOP Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	65.35	105.92	142.25	174.97	156.21	147.91
Revenue Growth	-42.73%	-25.54%	-18.70%	12.00%	5.62%	2.17%
Net Income	-45.41	-145.26	-91.47	-131.75	15.78	1.42
Earnings Per Share	-3.07	-9.81	-6.18	-9.00	1.08	0.10
EPS Growth	-	-	-	-	1012.77%	-

Revenue by Geography

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
United States	115.81	133.66	159.81	142.77	134.48
International	3.11	8.58	15.16	13.45	13.43
Total	118.92	142.25	174.97	156.21	147.91

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	23.66	119.62	25.13	16.7	4.67	3.97
Total Debt	21.9	22.08	169.48	546.66	280.83	154.38
Net Cash (Debt)	1.76	97.54	-144.34	-529.96	-276.16	-150.41
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	0.12	6.58	-9.76	-36.22	-18.89	-10.29

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	48.21	64.11	71.86	70.97	84.28	75.34
Free Cash Flow	48.21	64.11	71.86	70.97	84.28	75.34
Free Cash Flow Growth	-14.83%	-10.78%	1.26%	-15.80%	11.88%	2.28%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Margin	24.95%	25.60%	24.17%	27.73%	31.45%	33.09%
Pretax Margin	-69.24%	-136.91%	-65.92%	-75.04%	10.41%	2.07%
Profit Margin	-69.49%	-137.15%	-64.30%	-75.30%	10.10%	0.96%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Oct '26 Oct 23, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Dividend Per Share	0.340	-	-	0.340
Dividend Per Share Growth	0%	-	-	-
Dividend Yield	3.50%	-	-	1.84%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 23, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PS Ratio	2.20	3.61	3.24	1.54	-	-