YOLFTbeta
Net Lease Office Properties

Net Lease Office Properties

NLOP · NYSE · Real Estate / REIT - Office

9.54USD-0.03 (-0.31%)

Price History

Full chart

Market Stats

Previous Close9.57
Open9.57
Day Range9.46 – 9.72
52-Week Range9.46 – 13.50
Volume286.89K
Market Cap148.14M
P/E (TTM)0.00
Forward P/E0.00
EPS-3.09
Dividend Yield9.37%
Beta0.91
50-Day Avg11.28
200-Day Avg14.30

About

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.

Company Details

  • SectorReal Estate
  • IndustryREIT - Office
  • CEOMr. Jason E. Fox
  • Employees0
  • HeadquartersOne Manhattan West, New York, NY, United States, 10001, USA
  • Websitehttps://www.nloproperties.com

Leadership

  • Mr. Jason E. FoxChairman & CEO · b. 1973
  • Ms. Toni Ann Sanzone CPAChief Financial Officer · b. 1977
  • Mr. Brian H. ZanderChief Accounting Officer · b. 1986
  • Ms. Susan C. HydeChief Administrative Officer & Corporate Secretary · b. 1969

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue174.50M144.76M147.91M156.21M174.97M142.25M118.92M
Growth (%)--17.04%+2.17%+5.62%+12.00%-18.70%-16.40%
Cost of Revenue34.13M28.44M30.08M32.00M37.84M43.66M35.62M
Gross Profit140.37M116.32M117.83M124.21M137.12M98.58M83.30M
Gross Margin80.44%80.35%79.66%79.51%78.37%69.30%70.05%
Operating Expense81.75M66.53M68.89M81.10M97.05M64.21M47.99M
Operating Income58.63M49.80M48.94M43.11M40.07M34.37M35.31M
Operating Margin33.60%34.40%33.09%27.60%22.90%24.16%29.70%
EBITDA132.19M108.92M92.87M109.34M-7.29M53.13M-93.46M
EBITDA Margin75.75%75.24%62.79%69.99%-4.17%37.35%-78.60%
Net Income13.83M16.02M1.42M15.78M-131.75M-91.47M-145.26M
Net Income Margin7.92%11.06%0.96%10.10%-75.30%-64.30%-122.16%
R&D----0.75--
R&D as % of Total Revenue----0.00%--
Interest Expense41.93M32.14M32.47M26.84M42.61M67.96M12.74M
Interest Expense % of Total Revenue24.03%22.20%21.95%17.18%24.36%47.78%10.71%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-1.68B1.27B1.46B1.31B805.07M453.37M
Total Liabilities-624.11M217.21M352.68M623.66M219.67M155.55M
Total Equity-1.05B1.06B1.11B677.01M581.23M293.91M
Cash-7.28M3.97M4.67M16.27M25.12M119.62M
Total Debt-527.66M154.38M280.83M541.98M169.47M22.26M
Net Debt-520.38M150.41M276.16M525.71M144.35M-97.36M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow83.05M73.66M75.33M84.28M70.97M71.86M64.11M
Investing Cash Flow-64.95M-4.49M-4.18M-22.92M27.69M297.75M208.24M
Financing Cash Flow-20.13M-65.81M-77.25M-64.54M-36.78M-367.98M-218.88M
Capital Expenditure64.95M4.49M4.18M4.72M11.16M12.00M4.03M
Free Cash Flow18.09M69.17M71.15M79.56M59.80M71.86M60.08M
Dividends Paid-726.96M764.28M835.26M916.53M1.07M106.66M
FCF to OCF21.79%93.91%94.45%94.40%84.27%100.00%93.71%
Dividend Paid to FCF-1050.98%1074.17%1049.78%1532.56%1.49%177.53%

Earnings

Report DateMar 6, 2024May 10, 2024Jun 30, 2024Sep 30, 2024Feb 27, 2025May 8, 2025Aug 7, 2025Nov 12, 2025Feb 26, 2026May 7, 2026Aug 5, 2026Nov 6, 2026
EPS Estimate------------
EPS Actual-9.72-1.880.84-2.73-2.420.03-5.50-4.33-0.001.690.22-
Surprise------------
TimingAfter-hoursAfter-hours----After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap148.14M
Enterprise Value149.93M
Trailing P/E0.00
Forward P/E0.00
Price / Sales2.27
Price / Book0.93
EPS-3.09
Book Value11.06
Revenue (TTM)65.35M
Gross Profit (TTM)57.29M
EBITDA43.60M
Profit Margin-69.49%
Operating Margin10.00%
Return on Equity-13.48%
Return on Assets2.34%
Shares Outstanding14.81M
Shares Float14.70M
Beta0.91
Dividend Yield9.37%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 1 analystsTarget 46.00
  • Buy
    1

Ownership Breakdown

Institutions
59.16%
Insiders
0.75%
Retail / Other
40.09%

Top Institutional Holders

  • BlackRock Inc
    1.65M11.12%
  • Vanguard Capital Management, LLC
    879.51K5.94%
  • Thompson, Siegel & Walmsley LLC
    703.20K4.75%
  • State Street Corp
    419.40K2.83%
  • Geode Capital Management, LLC
    365.73K2.47%
  • Two Sigma Investments LLC
    235.52K1.59%
  • K2 PRINCIPAL FUND LP
    186.70K1.26%
  • Millennium Management LLC
    185.86K1.25%
  • Dimensional Fund Advisors, Inc.
    182.89K1.23%
  • Man Group PLC
    171.77K1.16%
  • Gabelli Securities Inc
    133.15K0.90%
  • Northern Trust Corp
    112.30K0.76%
  • Lazard Asset Management LLC
    108.65K0.73%
  • Morgan Stanley - Brokerage Accounts
    105.85K0.71%
  • LPL Financial Corp
    93.36K0.63%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    464.85K3.14%
  • iShares Russell 2000 ETF
    374.84K2.53%
  • Fidelity Small Cap Index
    162.59K1.10%
  • iShares Russell 2000 Value ETF
    150.26K1.01%
  • Lazard Baylight US Sm Cap Eq WW Dist EUR
    105.97K0.72%

Dividends

20263×
3.30Mar 30, 20266.75Feb 18, 20265.10Jan 2, 2026
20252×
4.10Dec 4, 20253.10Aug 18, 2025
20231×
0.34Dec 15, 2023