Net Lease Office Properties (NLOP) Free Cash Flow (2022 - 2026)
Net Lease Office Properties (NLOP) recorded Free Cash Flow of $1.8 million in Q2 2026, down 83.4% from $10.82 million a year earlier and down 77.9% from the prior quarter.
Net Lease Office Properties (NLOP) Free Cash Flow (2022 - 2026) Analysis & Trends
On a TTM basis, Net Lease Office Properties' Free Cash Flow came in at $46.86 million as of Jun 30, 2026, down 4.8% year-over-year; for FY2025, it was $60.08 million, up 0.4% from FY2024.
- Annual Free Cash Flow has a four-year compound annual growth rate of -4.1% (FY2021 to FY2025).
- Across earlier years, Free Cash Flow came in at $59.86 million in FY2024 (+0.1%), $59.8 million in FY2023 (-24.8%), $79.57 million in FY2022 (+11.8%) and $71.15 million in FY2021.
- The Q2 2026 figure is the lowest quarterly Free Cash Flow since Q4 2023.
- On a year-over-year basis, Free Cash Flow rose in 1 of the last seven quarters, with an average decline of 3.1%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 166.4% in Q4 2025, against a decline of 96.4% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $8.13 million (Q1 2026), $20.71 million (Q4 2025) and $16.23 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 684.33 Mn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 948.84 Mn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 1.09 Bn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 812.42 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 454.72 Mn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 554.66 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 706.49 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Net Lease Office Properties | 146.07 Mn | 149.96 Mn | - | 1.80 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.80 Mn |
| Mar 31, 2026 | 8.13 Mn |
| Dec 31, 2025 | 20.71 Mn |
| Sep 30, 2025 | 16.23 Mn |
| Jun 30, 2025 | 10.82 Mn |
| Mar 31, 2025 | 12.33 Mn |
| Dec 31, 2024 | 7.77 Mn |
| Sep 30, 2024 | 18.31 Mn |
| Jun 30, 2024 | 13.05 Mn |
| Mar 31, 2024 | 20.73 Mn |
| Dec 31, 2023 | 552,000.00 |
| Sep 30, 2023 | 18.57 Mn |
| Jun 30, 2023 | 20.46 Mn |
| Mar 31, 2023 | 20.22 Mn |
| Dec 31, 2022 | 15.16 Mn |
Net Lease Office Properties Free Cash Flow 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=free-cash-flow&ticker=NLOP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=NLOP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();