Stocks · Real estate · Real Estate Investment Trusts

Net Lease Office Properties

NLOP Clue Score35
United States Fiscal year ends December CIK 0001952976
$9.67 -0.21% Close, 9 Oct 2026
Price $9.67 −50.15% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 27 Oct 2023. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2021Revenue147.9Net income1.4EPS, diluted0.10Fiscal year 2022Revenue156.2 +5.6%Net income15.8 +1,012.8%EPS, diluted1.08 +980.0%Fiscal year 2023Revenue175.0 +12.0%Net income−131.7 −934.9%EPS, diluted−9.00 −933.3%Fiscal year 2024Revenue142.2 −18.7%Net income−91.5EPS, diluted−6.18Fiscal year 2025Revenue118.9 −16.4%Net income−145.3EPS, diluted−9.81
FY2021FY2022FY2023FY2024FY2025
Revenue 147.9 156.2 175.0 142.2 118.9
Growth +5.6% +12.0% −18.7% −16.4%
Net income 1.4 15.8 −131.7 −91.5 −145.3
Growth +1,012.8% −934.9%
EPS, diluted 0.10 1.08 −9.00 −6.18 −9.81
Growth +980.0% −933.3%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2021Net margin1.0%Fiscal year 2022Net margin10.1%Fiscal year 2023Net margin−75.3%Fiscal year 2024Net margin−64.3%Fiscal year 2025Net margin−122.2%
FY2021FY2022FY2023FY2024FY2025
Net margin 1.0% 10.1% −75.3% −64.3% −122.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2021Operating cash flow75.3Fiscal year 2022Operating cash flow84.3Dividends paid0.0Fiscal year 2023Operating cash flow71.0Dividends paid0.0Fiscal year 2024Operating cash flow71.9Dividends paid−1.1Fiscal year 2025Operating cash flow64.1
FY2021FY2022FY2023FY2024FY2025
Operating cash flow 75.3 84.3 71.0 71.9 64.1
Dividends paid n/a 0.0 0.0 −1.1 n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2021Cash4.0Shareholders’ equity1,057.5Fiscal year 2022Cash4.7Total debt276.1Net cash (debt)−271.4Shareholders’ equity1,107.8Debt to equity0.25Fiscal year 2023Cash16.3Total debt542.0Net cash (debt)−525.7Shareholders’ equity677.0Debt to equity0.80Fiscal year 2024Cash25.1Total debt169.2Net cash (debt)−144.1Shareholders’ equity581.2Debt to equity0.29Fiscal year 2025Cash119.6Total debt21.9Net cash (debt)97.7Shareholders’ equity293.9Debt to equity0.07
FY2021FY2022FY2023FY2024FY2025
Cash 4.0 4.7 16.3 25.1 119.6
Total debt n/a 276.1 542.0 169.2 21.9
Net cash (debt) n/a −271.4 −525.7 −144.1 97.7
Shareholders’ equity 1,057.5 1,107.8 677.0 581.2 293.9
Debt to equity n/a 0.25 0.80 0.29 0.07

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
147.9 156.2 175.0 142.2 118.9
Growth +5.6% +12.0% −18.7% −16.4%
10.3 11.9 13.6 7.5 7.3
3.1 16.3 −131.3 −93.8 −145.0
1.6 0.5 0.4 −2.4 0.2
1.4 15.8 −131.7 −91.5 −145.3
Growth +1,012.8% −934.9%
Per share
0.10 1.08 −9.00 −6.18 −9.81
0.10 1.08 −9.00 −6.18 −9.81
Growth +980.0% −933.3%
14.6 14.6 14.6 14.8 14.8
14.6 14.6 14.6 14.8 14.8
Growth +0.0% +0.1% +1.1% +0.2%

Five years in brief

Worked out from the figures above, not from a press release
  • A net loss in 3 of 5 years on file.