Net Lease Office Properties (NLOP) FCF Payout Ratio (2023 - 2025)

Net Lease Office Properties (NLOP) recorded quarterly FCF Payout Ratio of 0.0 in Q4 2025, down 73.96% quarter-over-quarter from 0.02 in Q3 2025, and down 62.46% on a YoY basis from 0.01 in Q4 2024.

Net Lease Office Properties (NLOP) FCF Payout Ratio (2023 - 2025) Analysis & Trends

Net Lease Office Properties' FCF Payout Ratio history runs 3 years deep, the most recent figure standing at 0.0 for Q4 2025.

  • In Q4 2025, FCF Payout Ratio fell 62.46% year-over-year to 0.0; the TTM figure through Mar 2026 stood at 0.0 (down 30.87% YoY), while the FY2025 annual figure was 0.01, up 8.66% from the prior year.
  • FCF Payout Ratio was 0.0 for Q4 2025 at Net Lease Office Properties, down from 0.02 in the prior quarter.
  • In the past five years, FCF Payout Ratio ranged from a high of 1.99 in Q4 2023 to a low of 0.01 in Q2 2025.
  • Historically, FCF Payout Ratio has averaged 0.23 across 3 years, with a median of 0.01 in 2024.
  • Biggest YoY gain for FCF Payout Ratio was 239.73% in 2025; the steepest drop was 219.27% in 2025.
  • A 3-year view of FCF Payout Ratio shows it stood at 1.99 in 2023, then slumped by 99.42% to 0.01 in 2024, then sank by 62.46% to 0.0 in 2025.
  • The last three FCF Payout Ratio figures came in at 0.0 (Q4 2025), 0.02 (Q3 2025), and 0.01 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Alexandria Real Estate Equities 9.03 Bn 9.03 Bn - 1.02
2 Cousins Properties 4.85 Bn 4.87 Bn 180.52 Mn -0.03
3 Kilroy Realty 4.57 Bn 4.57 Bn -59.85 Mn 26.37
4 Sl Green Realty 3.90 Bn 4.01 Bn 252.80 Mn -0.16
5 Copt Defense Properties 3.85 Bn 3.90 Bn 195.09 Mn 0.40
6 Highwoods Properties 3.25 Bn 3.27 Bn - 2.22
7 Douglas Emmett 2.11 Bn 3.29 Bn 176.48 Mn 0.49
8 Empire State Realty OP 1.49 Bn 1.49 Bn - 0.19
9 Piedmont Realty Trust 1.15 Bn 1.15 Bn 85.99 Mn -0.01
10 Net Lease Office Properties 174.95 Mn 178.91 Mn 8.43 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.00
Sep 30, 2025 0.02
Jun 30, 2025 -0.01
Mar 31, 2025 0.01
Dec 31, 2024 0.01
Sep 30, 2024 0.00
Jun 30, 2024 0.01
Mar 31, 2024 0.00
Dec 31, 2023 1.99