Net Lease Office Properties (NLOP) EBITDA (2022 - 2026)

Net Lease Office Properties (NLOP) recorded quarterly EBITDA of $3.7 million in Q1 2026, down 15.85% quarter-over-quarter from $4.4 million in Q4 2025, and down 26.21% on a YoY basis from $5.1 million in Q1 2025.

Net Lease Office Properties (NLOP) EBITDA (2022 - 2026) Analysis & Trends

Net Lease Office Properties' EBITDA history runs 5 years deep, the most recent figure standing at $3.7 million for Q1 2026.

  • In Q1 2026, EBITDA fell 26.21% year-over-year to $3.7 million; the TTM figure through Mar 2026 stood at -$109.6 million (down 108.64% YoY), while the FY2025 annual figure was -$108.3 million, down 131.37% from the prior year.
  • EBITDA was $3.7 million for Q1 2026 at Net Lease Office Properties, down from $4.4 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $115.3 million in Q4 2022 to a low of -$119.9 million in Q4 2023.
  • Historically, EBITDA has averaged -$9.7 million across 5 years, with a median of $3.7 million in 2026.
  • The sharpest annual moves came in 2023 and 2025: EBITDA surged 143.95% in 2023, then plunged 6111.05% in 2025.
  • A 5-year view of EBITDA shows it stood at $115.3 million in 2022, then tumbled by 203.99% to -$119.9 million in 2023, then jumped by 75.01% to -$30.0 million in 2024, then jumped by 114.83% to $4.4 million in 2025, then dropped by 15.85% to $3.7 million in 2026.
  • The last three EBITDA figures came in at $3.7 million (Q1 2026), $4.4 million (Q4 2025), and -$41.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Alexandria Real Estate Equities 9.03 Bn 9.03 Bn - -
2 Cousins Properties 4.85 Bn 4.87 Bn 180.52 Mn -104.57 Mn
3 Kilroy Realty 4.57 Bn 4.57 Bn -59.85 Mn -268.77 Mn
4 Sl Green Realty 3.90 Bn 4.01 Bn 252.80 Mn 191.34 Mn
5 Copt Defense Properties 3.85 Bn 3.90 Bn 195.09 Mn 52.76 Mn
6 Highwoods Properties 3.25 Bn 3.27 Bn - -
7 Douglas Emmett 2.11 Bn 3.29 Bn 176.48 Mn -25.54 Mn
8 Empire State Realty OP 1.49 Bn 1.49 Bn - 29.46 Mn
9 Piedmont Realty Trust 1.15 Bn 1.15 Bn 85.99 Mn 5.51 Mn
10 Net Lease Office Properties 174.95 Mn 178.91 Mn 8.43 Mn 3.74 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.74 Mn
Dec 31, 2025 4.44 Mn
Sep 30, 2025 -41.06 Mn
Jun 30, 2025 -76.70 Mn
Mar 31, 2025 5.07 Mn
Dec 31, 2024 -29.95 Mn
Sep 30, 2024 -28.91 Mn
Jun 30, 2024 1.28 Mn
Mar 31, 2024 10.70 Mn
Dec 31, 2023 -119.88 Mn
Sep 30, 2023 11.81 Mn
Jun 30, 2023 12.91 Mn
Mar 31, 2023 12.98 Mn
Dec 31, 2022 115.27 Mn
Sep 30, 2022 -26.87 Mn