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StockVS

NYSE · REIT - Office · USD

Net Lease Office Properties (NLOP) Stock Analysis

Net Lease Office Properties (NLOP) is a REIT - Office stock listed on NYSE and quoted in US Dollar.

NLOP

$11.00

−$0.13 (−1.17%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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NLOP Key Statistics

As of Sep 4, 2026
Trading
Open
$11.08
Previous Close
$11.13
Day's Range
10.97–11.17
52-Week Range
10.95–30.26
Volume
84.60K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.91
Valuation
Market Cap
$162.95M
P/E Ratio
unprofitable
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
2.49
EPS (ttm)Profit attributable to each share over the last twelve months.
−3.07
Financials (FY)
Revenue (FY)
$118.92M−16.40%
Net Income (FY)
−$145.26M
Profit marginThe share of revenue left as profit after all costs and taxes.
−69.49%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
14.81M
1-Year Return
+5.61%
Dividend and dates
Ex-Dividend Date
March 30, 2026
Earnings Date
November 6, 2026estimated
Avg Volume
137.87K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

NLOP Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+3.71%
2025+5.88%
2024+68.89%
2023 (partial year)−3.06%

As of September 4, 2026.

NLOP Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$118.92M−$145.26M−122.2%
2024$142.25M−$91.47M−64.3%
2023$174.97M−$131.75M−75.3%
2022$156.21M$15.78M10.1%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$118.92M$83.30M$35.31M−$145.26M−122.2%
2024$142.25M$98.58M$34.37M−$91.47M−64.3%
2023$174.97M$137.12M$40.07M−$131.75M−75.3%
2022$156.21M$124.21M$43.11M$15.78M10.1%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

NLOP Valuation vs REIT - Office Median

Median of 22 stocks
MetricNLOPREIT - Office medianvs median
P/S ratio2.493.1922% below
Profit margin−69.49%−16.72%52.8 pts below

Medians across 22 REIT - Office stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Net Lease Office Properties (NLOP) at $162.95M. The company sits in the Real Estate sector, in the REIT - Office industry.

Over the past 52 weeks the price has ranged from $10.95 to $30.26. NLOP last closed at $11.00 on September 4, 2026. That is −$0.13 (−1.17%) against the previous close. The latest close sits 0.5% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $118.92M. Against the prior fiscal year total of $142.25M, that is a change of −16.40%. The same year closed with a net loss of $145.26M. Profit margin runs at −69.49%. That is 52.8 percentage points below the REIT - Office median of −16.72%. Trailing earnings per share are −3.07.

Across the 4 fiscal years on file, revenue moves from $156.21M in 2022 to $118.92M in 2025. Of those 4 years, 1 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. Measured against sales, the shares trade at 2.49 times revenue. On price-to-sales that is 21.83% below the REIT - Office median of 3.19. The medians here are taken across 22 REIT - Office companies that report the metric.

The trailing one-year price return is +5.61%. The stored price history starts on October 27, 2023, and the total return since then is +79.76%. The reported beta is 0.91. Annualized volatility over the trailing 2 years is 23.9%.

Growth & Income

No dividend is on file for NLOP.

2026 is still running; the price is +3.71% year to date. The strongest complete calendar year on file is 2024 at +68.89%; the weakest is 2025 at +5.88%.

Peer Comparison

Net Lease Office Properties (NLOP) operates in the REIT - Office industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Net Lease Office Properties NLOP $162.95M —
BXP, Inc. BXP $12.24B 36.6
Alexandria Real Estate Equities, Inc. ARE $9.06B —
Vornado Realty Trust VNO $7.25B 1219.7

The REIT - Office industry average P/E ratio is 40.2x. Net Lease Office Properties has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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About Net Lease Office Properties

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.

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