Net Lease Office Properties NLOP R2K
Real Estate · REIT - Office · United States
Net Lease Office Properties is a publicly traded real estate investment trust that owns a portfolio of high-quality, single-tenant properties located in the U.S. and net leased to corporate tenants operating across a variety of industries. Net Lease Office Properties is based in New York, United States.
READ MORE ›$12.01
+19.88% 1Y
Market & Price
Market Cap
$177.92M
Current Price
$12.01
High / Low (52W)
$13.37 / $9.54
Beta
1.00
Valuation
Stock P/E
-
Industry PE
26.58
Forward P/E
-
PEG Ratio
-
Book Value
$11.48
Price to Book
1.05
P/S
2.06
EV/EBITDA
2.40
Dividend Yield
-
Profitability & Returns
ROCE
-41.11%
ROE
-31.74%
ROA
2.67%
Profit Margin
-
Op Margin
25.48%
EPS (Latest Qtr)
$1.69
EPS (TTM)
$-8.15
Balance Sheet & Liquidity
Debt/Equity
0.13
Quick Ratio
2.14
Current Ratio
2.24
Debt
$21.90M
Total Assets
$453.37M
Current Assets
$122.63M
Working Capital
$-9.02M
Ownership
Promoter Holding
0.75%
Chg in Prom Hold
-
FII / Inst Holding
54.87%
Chg in FII Hold
-
Financial Snapshot
Enterprise Value
$133.17M
Total Revenue (TTM)
$86.50M
EBITDA
$55.58M
Free Cash Flow
$42.34M
Operating Cash Flow
$58.12M
Shares Outstanding
14.81M
Gross Margin
87.71%
Payout Ratio
0.00%
Growth (CAGR)
Revenue 5Y
-8.69%
Profit 5Y
-340.20%
Revenue (YoY)
-70.90%
Earnings (YoY)
4,981.00%
PROS
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Revenue declined at -8.7% CAGR over 5 years.
- Earnings shrank at -340.2% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Real Estate).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | NLOP Net Lease Office Properties R2K | 12.01 | - | $177.92M | - | -41.11% | -31.74% | -8.69% | -340.20% |
| 2 | WELL Welltower Inc. SPX | 205.33 | 99.19 | $144.95B | 1.44% | 0.26% | 3.67% | 22.69% | 87.90% |
| 3 | PLD Prologis, Inc. SPX | 143.47 | 36.14 | $133.76B | 2.98% | 4.94% | 6.84% | 13.74% | -0.36% |
| 4 | EQIX Equinix, Inc. SPX | 1,068.04 | 74.07 | $105.33B | 1.84% | 5.61% | 10.06% | 8.27% | 24.18% |
| 5 | AMT American Tower Corporation SPX | 186.96 | 30.11 | $87.10B | 3.73% | 7.82% | 29.95% | 3.34% | 12.73% |
| 6 | SPG Simon Property Group, Inc. SPX | 204.91 | 14.25 | $77.86B | 4.29% | 17.44% | 113.59% | 6.35% | 29.32% |
| 7 | DLR Digital Realty Trust, Inc. SPX | 190.00 | 50.53 | $67.96B | 2.57% | 3.99% | 5.69% | 9.22% | 51.32% |
| 8 | O Realty Income Corporation SPX | 61.28 | 50.23 | $57.14B | 5.30% | 3.27% | 2.83% | 19.80% | 6.78% |
| 9 | PSA Public Storage SPX | 303.69 | 31.34 | $53.31B | 3.95% | 10.69% | 20.18% | 4.88% | -25.69% |
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Quarterly Results
Figures in USD.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 42.66M | 42.80M | 43.11M | 44.01M | 39.03M | - | - | 29.21M | 29.17M | 29.78M | 30.74M | 9.03M |
| Cost of Revenue | - | - | - | - | - | - | - | 9.86M | 9.99M | 7.99M | 7.79M | 1.78M |
| Gross Profit | - | - | - | - | - | - | - | 19.36M | 19.18M | 21.80M | 22.96M | 7.25M |
| Operating Expenses | - | - | - | - | - | - | - | 11.53M | 11.83M | 10.64M | 13.99M | 4.21M |
| Operating Income | - | - | - | - | - | - | - | 7.83M | 7.35M | 11.16M | 8.97M | 3.03M |
| EBITDA | - | - | - | - | - | - | - | 16.49M | -65.29M | -53.40M | 8.73M | 28.09M |
| Interest Expense | - | - | - | - | - | - | - | 5.75M | 4.40M | 1.66M | 936.00K | 386.00K |
| Pretax Income | - | - | - | - | - | - | - | 595.00K | -81.42M | -64.11M | -71.00K | 25.06M |
| Tax Provision | - | - | - | - | - | - | - | 82.00K | 100.00K | 30.00K | -54.00K | 17.00K |
| Net Income | 3.74M | 3.83M | 2.76M | -27.84M | 12.45M | - | - | 492.00K | -81.54M | -64.16M | -53.00K | 25.00M |
| Diluted EPS | 0.26 | 0.26 | 0.19 | -1.88 | 0.84 | - | - | 0.03 | -5.50 | -4.33 | 0.00 | 1.69 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 156.21M | 174.97M | 142.25M | 118.92M |
| Cost of Revenue | - | 32.00M | 37.84M | 43.66M | 35.62M |
| Gross Profit | - | 124.21M | 137.12M | 98.58M | 83.30M |
| Operating Expenses | - | 81.10M | 97.05M | 64.21M | 47.99M |
| Operating Income | - | 43.11M | 40.07M | 34.37M | 35.31M |
| EBITDA | - | 109.34M | -7.29M | 53.13M | -93.46M |
| Interest Expense | - | 26.84M | 42.61M | 67.96M | 12.74M |
| Pretax Income | - | 16.26M | -131.30M | -93.77M | -145.00M |
| Tax Provision | - | 486.00K | 425.00K | -2.38M | 158.00K |
| Net Income | - | 15.78M | -131.75M | -91.47M | -145.26M |
| Diluted EPS | - | 1.08 | -9.00 | -6.18 | -9.81 |
Compounded Sales Growth
| 5 Years: | -8.69% |
| 1 Year: | -70.90% |
Compounded Profit Growth
| 5 Years: | -340.20% |
| 1 Year: | 4,981.00% |
Stock Price Performance
| 1 Year: | +19.88% |
| 6 Months: | +13.95% |
| 3 Months: | +13.79% |
| 1 Month: | -7.12% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Total Assets | - | - | 1.46B | 1.31B | 805.07M | 453.37M |
| Current Assets | - | - | 6.00M | 67.83M | 68.43M | 122.63M |
| Cash & Equivalents | - | - | 4.67M | 16.27M | 25.12M | 119.62M |
| Inventory | - | - | - | - | - | - |
| Receivables | - | 14.96M | 14.73M | 10.52M | - | - |
| Total Liabilities | - | - | 352.68M | 623.66M | 219.67M | 155.55M |
| Current Liabilities | - | - | 49.95M | 60.59M | 44.15M | 131.66M |
| Long Term Debt | - | - | 276.06M | 541.98M | 169.22M | 21.90M |
| Total Debt | - | - | 276.06M | 541.98M | 169.22M | 21.90M |
| Total Equity | 865.54M | - | 1.11B | 677.01M | 581.23M | 293.91M |
| Shares Outstanding | - | - | 14.26M | 14.62M | 14.81M | 14.81M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 84.28M | 70.97M | 71.86M | 64.11M |
| Investing Cash Flow | - | -22.92M | 27.69M | 297.75M | 208.24M |
| Financing Cash Flow | - | -64.54M | -36.78M | -367.98M | -218.88M |
| Capital Expenditure | -14.69M | -4.72M | -11.16M | - | - |
| Free Cash Flow | - | 84.28M | 70.97M | 71.86M | 64.11M |
| Net Change in Cash | - | -3.18M | 61.88M | 1.62M | 53.47M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 79.5% | 78.4% | 69.3% | 70.0% |
| Operating Margin % | - | 27.6% | 22.9% | 24.2% | 29.7% |
| Net Margin % | - | 10.1% | -75.3% | -64.3% | -122.2% |
| ROE % | - | 1.4% | -19.5% | -15.7% | -49.4% |
| ROCE % | - | 3.1% | 3.2% | 4.5% | 11.0% |
Shareholding Pattern
Insiders
0.75%
Institutions
54.87%
Public Float
55.28%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 11.12% | 1.65M | $19.78M |
| 2 | Vanguard Capital Management LLC | 5.94% | 879.51K | $10.56M |
| 3 | Thompson, Siegel & Walmsley LLC | 3.65% | 541.39K | $6.50M |
| 4 | State Street Corporation | 2.83% | 419.40K | $5.04M |
| 5 | Geode Capital Management, LLC | 2.47% | 365.73K | $4.39M |
| 6 | Millennium Management Llc | 2.04% | 302.93K | $3.64M |
| 7 | Two Sigma Investments, LP | 1.92% | 284.52K | $3.42M |
| 8 | Dimensional Fund Advisors LP | 1.17% | 172.83K | $2.08M |
| 9 | Man Group PLC | 1.16% | 171.77K | $2.06M |
| 10 | K2 Principal Fund, L.P. | 1.08% | 160.28K | $1.93M |
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
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