Net Lease Office Properties (NLOP) Gross Margin (2022 - 2026)
Net Lease Office Properties (NLOP) posted quarterly Gross Margin of 93.41% for Q1 2026, up 1443.0% year-over-year from 6.05% in Q1 2025, and up 10.87% quarter-over-quarter from 84.25% in Q4 2025.
Net Lease Office Properties (NLOP) Gross Margin (2022 - 2026) Analysis & Trends
Net Lease Office Properties' Gross Margin history runs 5 years deep, the most recent figure standing at 93.41% for Q1 2026.
- In Q1 2026, Gross Margin rose 1443.0% year-over-year to 93.41%; the TTM figure through Mar 2026 stood at 82.88% (up 364.0% YoY), while the FY2025 annual figure was 81.12%, down 24.0% from the prior year.
- Gross Margin for Q1 2026 stood at 93.41%, up from 84.25% in the prior quarter.
- The five-year high for Gross Margin was 95.25% in Q4 2022, with the low at 75.78% in Q4 2024.
- The 5-year median for Gross Margin is 83.55% (2023), against an average of 83.67%.
- The sharpest annual moves came in 2023 and 2026: Gross Margin tumbled 1061 bps in 2023, then jumped 1443 bps in 2026.
- Net Lease Office Properties' Gross Margin stood at 95.25% in 2022, then dropped by 11 bps to 84.64% in 2023, then slipped by 10 bps to 75.78% in 2024, then increased by 11 bps to 84.25% in 2025, then grew by 11 bps to 93.41% in 2026.
- Business Quant data shows NLOP's Gross Margin at 93.41% in Q1 2026, 84.25% in Q4 2025, and 83.44% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.06 Bn | 7.96 Bn | - | - |
| 2 | Cousins Properties | 4.86 Bn | 4.86 Bn | 183.86 Mn | 68.47% |
| 3 | Kilroy Realty | 4.28 Bn | 4.28 Bn | 212.24 Mn | 77.92% |
| 4 | Copt Defense Properties | 4.18 Bn | 4.18 Bn | 191.37 Mn | 96.95% |
| 5 | Sl Green Realty | 4.12 Bn | 4.12 Bn | 263.98 Mn | 99.99% |
| 6 | Highwoods Properties | 3.47 Bn | 3.13 Bn | - | - |
| 7 | Douglas Emmett | 1.99 Bn | 1.64 Bn | 178.95 Mn | 69.75% |
| 8 | Empire State Realty OP | 1.25 Bn | 1.25 Bn | - | - |
| 9 | Piedmont Realty Trust | 1.22 Bn | 1.22 Bn | 88.14 Mn | 61.15% |
| 10 | Net Lease Office Properties | 171.55 Mn | 171.55 Mn | 6.15 Mn | 96.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 96.74% |
| Mar 31, 2026 | 93.41% |
| Dec 31, 2025 | 84.25% |
| Sep 30, 2025 | 83.44% |
| Jun 30, 2025 | 77.59% |
| Mar 31, 2025 | 78.98% |
| Dec 31, 2024 | 75.78% |
| Sep 30, 2024 | 79.62% |
| Jun 30, 2024 | 81.58% |
| Mar 31, 2024 | 85.91% |
| Dec 31, 2023 | 84.64% |
| Sep 30, 2023 | 83.55% |
| Jun 30, 2023 | 83.86% |
| Mar 31, 2023 | 83.99% |
| Dec 31, 2022 | 95.25% |
| Sep 30, 2022 | 83.14% |