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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
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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

Ratios

Percentages worked out from the filed figures; debt to equity in times. 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
Margins
2.1% 10.4% −75.0% −65.9% −121.9%
1.0% 10.1% −75.3% −64.3% −122.2%
Spending
7.0% 7.6% 7.8% 5.3% 6.1%
53.7% 3.0% n/a n/a n/a
Returns
0.1% 1.4% −19.5% −15.7% −49.4%
n/a 1.1% −10.1% −11.4% −32.0%
Balance and payout
n/a 0.25 0.80 0.29 0.07
n/a 24.1% 47.8% 27.3% 34.3%
n/a 0.0% n/a n/a n/a