Net Lease Office Properties (NLOP) Free Cash Flow (2022 - 2026)

Net Lease Office Properties (NLOP) recorded quarterly Free Cash Flow of $8.1 million in Q1 2026, down 60.74% quarter-over-quarter from $20.7 million in Q4 2025, and down 34.06% on a YoY basis from $12.3 million in Q1 2025.

Net Lease Office Properties (NLOP) Free Cash Flow (2022 - 2026) Analysis & Trends

Net Lease Office Properties' Free Cash Flow history runs 5 years deep, the most recent figure standing at $8.1 million for Q1 2026.

  • In Q1 2026, Free Cash Flow fell 34.06% year-over-year to $8.1 million; the TTM figure through Mar 2026 stood at $55.9 million (up 8.6% YoY), while the FY2025 annual figure was $60.1 million, changed 0.37% from the prior year.
  • Free Cash Flow was $8.1 million for Q1 2026 at Net Lease Office Properties, down from $20.7 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $20.7 million in Q1 2024 to a low of $552000.0 in Q4 2023.
  • Historically, Free Cash Flow has averaged $14.5 million across 5 years, with a median of $15.7 million in 2022.
  • The sharpest annual moves came in 2023 and 2024: Free Cash Flow slumped 96.36% in 2023, then jumped 1307.97% in 2024.
  • A 5-year view of Free Cash Flow shows it stood at $15.2 million in 2022, then plunged by 96.36% to $552000.0 in 2023, then surged by 1307.97% to $7.8 million in 2024, then soared by 166.41% to $20.7 million in 2025, then sank by 60.74% to $8.1 million in 2026.
  • The last three Free Cash Flow figures came in at $8.1 million (Q1 2026), $20.7 million (Q4 2025), and $16.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Alexandria Real Estate Equities 9.03 Bn 9.03 Bn - 58.99 Mn
2 Cousins Properties 4.85 Bn 4.87 Bn 180.52 Mn -19.20 Mn
3 Kilroy Realty 4.57 Bn 4.57 Bn -59.85 Mn 8.90 Mn
4 Sl Green Realty 3.90 Bn 4.01 Bn 252.80 Mn -17.59 Mn
5 Copt Defense Properties 3.85 Bn 3.90 Bn 195.09 Mn 90.18 Mn
6 Highwoods Properties 3.25 Bn 3.27 Bn - 97.71 Mn
7 Douglas Emmett 2.11 Bn 3.29 Bn 176.48 Mn 65.23 Mn
8 Empire State Realty OP 1.49 Bn 1.49 Bn - 50.72 Mn
9 Piedmont Realty Trust 1.15 Bn 1.15 Bn 85.99 Mn -10.17 Mn
10 Net Lease Office Properties 174.95 Mn 178.91 Mn 8.43 Mn 8.13 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 8.13 Mn
Mar 31, 2026 8.13 Mn
Dec 31, 2025 20.71 Mn
Dec 31, 2025 20.71 Mn
Sep 30, 2025 16.23 Mn
Sep 30, 2025 16.23 Mn
Jun 30, 2025 10.82 Mn
Jun 30, 2025 10.82 Mn
Mar 31, 2025 12.33 Mn
Mar 31, 2025 12.33 Mn
Dec 31, 2024 7.77 Mn
Dec 31, 2024 7.77 Mn
Sep 30, 2024 18.31 Mn
Sep 30, 2024 18.31 Mn
Jun 30, 2024 13.05 Mn
Jun 30, 2024 13.05 Mn
Mar 31, 2024 20.73 Mn
Mar 31, 2024 20.73 Mn
Dec 31, 2023 552,000.00
Dec 31, 2023 552,000.00