Net Lease Office Properties (NLOP) Depreciation and Depletion (2022 - 2026)
Net Lease Office Properties (NLOP) recorded Depreciation and Depletion of $1.5 million in Q2 2026, down 65.1% from $4.3 million a year earlier but up 15.4% from the prior quarter.
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Analysis
Net Lease Office Properties (NLOP) Depreciation and Depletion (2022 - 2026) Analysis & Trends
On a TTM basis, Net Lease Office Properties' Depreciation and Depletion came in at $9.1 million as of Jun 30, 2026, down 51.9% year-over-year; for FY2025, it came in at $14.9 million, down 36.9% from FY2024.
- Annual Depreciation and Depletion has a four-year compound annual growth rate of -14.2% (FY2021 to FY2025).
- Across earlier years, Depreciation and Depletion came in at $23.6 million in FY2024 (-24.4%), $31.2 million in FY2023 (+8.0%), $28.9 million in FY2022 (+5.1%) and $27.5 million in FY2021.
- Quarterly Depreciation and Depletion has ranged from $1.3 million in Q1 2026 to $7.9 million in Q4 2023 over the past five years.
- On a year-over-year basis, Depreciation and Depletion has declined for ten consecutive quarters, with an average decline of 43.8% over the last eight quarters.
- Peak year-over-year performance for Depreciation and Depletion in the last five years was growth of 4.0% in Q3 2023, against a decline of 69.8% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.3 million (Q1 2026), $2.7 million (Q4 2025) and $3.6 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 164.16 Bn | 146.67 Bn | 1.39 Bn | - |
| 2 | Prologis | 120.28 Bn | 124.68 Bn | - | - |
| 3 | Simon Property | 68.97 Bn | 70.18 Bn | - | - |
| 4 | Realty Income | 51.22 Bn | 53.60 Bn | - | - |
| 5 | Public Storage | 49.85 Bn | 48.94 Bn | - | 271.79 Mn |
| 6 | Ventas | 43.09 Bn | 42.28 Bn | - | - |
| 7 | Extra Space Storage | 28.15 Bn | 28.15 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 24.95 Bn | 23.07 Bn | 1.05 Bn | 998,000.00 |
| 9 | Vivmark Residential | 22.41 Bn | 22.60 Bn | - | 246.38 Mn |
| 10 | Net Lease Office Properties | 144.73 Mn | 148.63 Mn | - | 1.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.50 Mn |
| Mar 31, 2026 | 1.30 Mn |
| Dec 31, 2025 | 2.70 Mn |
| Sep 30, 2025 | 3.60 Mn |
| Jun 30, 2025 | 4.30 Mn |
| Mar 31, 2025 | 4.30 Mn |
| Dec 31, 2024 | 5.00 Mn |
| Sep 30, 2024 | 5.30 Mn |
| Jun 30, 2024 | 6.10 Mn |
| Mar 31, 2024 | 7.10 Mn |
| Dec 31, 2023 | 7.90 Mn |
| Sep 30, 2023 | 7.80 Mn |
| Jun 30, 2023 | 7.80 Mn |
| Mar 31, 2023 | 7.80 Mn |
| Dec 31, 2022 | 7.70 Mn |
| Sep 30, 2022 | 7.50 Mn |
API Access
Net Lease Office Properties Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=NLOP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "NLOP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=NLOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();