Net Lease Office Properties (NLOP) FCF Margin (2022 - 2026)

Net Lease Office Properties (NLOP) recorded quarterly FCF Margin of 90.06% in Q1 2026, up 33.73% quarter-over-quarter from 67.35% in Q4 2025, and up 4786.0% on a YoY basis from 1.84% in Q1 2025.

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

Net Lease Office Properties' FCF Margin history runs 5 years deep, the most recent figure standing at 90.06% for Q1 2026.

  • In Q1 2026, FCF Margin rose 4786.0% year-over-year to 90.06%; the TTM figure through Mar 2026 stood at 56.6% (up 1623.0% YoY), while the FY2025 annual figure was 50.52%, up 844.0% from the prior year.
  • FCF Margin was 90.06% for Q1 2026 at Net Lease Office Properties, up from 67.35% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 90.06% in Q1 2026 to a low of 1.19% in Q4 2023.
  • Historically, FCF Margin has averaged 43.41% across 5 years, with a median of 45.09% in 2023.
  • The sharpest annual moves came in 2024 and 2026: FCF Margin sank 1437 bps in 2024, then surged 4786 bps in 2026.
  • A 5-year view of FCF Margin shows it stood at 10.35% in 2022, then plunged by 89 bps to 1.19% in 2023, then soared by 2256 bps to 28.03% in 2024, then surged by 140 bps to 67.35% in 2025, then surged by 34 bps to 90.06% in 2026.
  • The last three FCF Margin figures came in at 90.06% (Q1 2026), 67.35% (Q4 2025), and 54.5% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Alexandria Real Estate Equities 9.03 Bn 9.03 Bn - 8.79%
2 Cousins Properties 4.85 Bn 4.87 Bn 180.52 Mn -7.30%
3 Kilroy Realty 4.57 Bn 4.57 Bn -59.85 Mn 184.45%
4 Sl Green Realty 3.90 Bn 4.01 Bn 252.80 Mn -6.95%
5 Copt Defense Properties 3.85 Bn 3.90 Bn 195.09 Mn 44.94%
6 Highwoods Properties 3.25 Bn 3.27 Bn - 48.05%
7 Douglas Emmett 2.11 Bn 3.29 Bn 176.48 Mn 25.99%
8 Empire State Realty OP 1.49 Bn 1.49 Bn - 26.65%
9 Piedmont Realty Trust 1.15 Bn 1.15 Bn 85.99 Mn -7.10%
10 Net Lease Office Properties 174.95 Mn 178.91 Mn 8.43 Mn 90.06%

Historic Data

Download Data
DateValue
Mar 31, 2026 90.06%
Dec 31, 2025 67.35%
Sep 30, 2025 54.50%
Jun 30, 2025 37.08%
Mar 31, 2025 42.20%
Dec 31, 2024 28.03%
Sep 30, 2024 58.17%
Jun 30, 2024 33.42%
Mar 31, 2024 47.10%
Dec 31, 2023 1.19%
Sep 30, 2023 43.08%
Jun 30, 2023 47.80%
Mar 31, 2023 47.40%
Dec 31, 2022 10.35%