Net Lease Office Properties (NLOP) Gross Margin (2022 - 2026)
Net Lease Office Properties (NLOP) recorded quarterly Gross Margin of 93.41% in Q1 2026, up 10.87% quarter-over-quarter from 84.25% in Q4 2025, and up 1443.0% on a YoY basis from 6.05% in Q1 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 was 93.41% for Q1 2026 at Net Lease Office Properties, up from 84.25% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 95.25% in Q4 2022 to a low of 80.94% in Q3 2022.
- Historically, Gross Margin has averaged 72.73% across 5 years, with a median of 83.55% in 2023.
- Biggest YoY gain for Gross Margin was 16449 bps in 2023; the steepest drop was 1061 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 95.25% in 2022, then declined by 11 bps to 84.64% in 2023, then dropped by 10 bps to 75.78% in 2024, then rose by 11 bps to 84.25% in 2025, then increased by 11 bps to 93.41% in 2026.
- The last three Gross Margin figures came in at 93.41% (Q1 2026), 84.25% (Q4 2025), and 83.44% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.03 Bn | 9.03 Bn | - | - |
| 2 | Cousins Properties | 4.85 Bn | 4.87 Bn | 180.52 Mn | 68.61% |
| 3 | Kilroy Realty | 4.57 Bn | 4.57 Bn | -59.85 Mn | -1,240.65% |
| 4 | Sl Green Realty | 3.90 Bn | 4.01 Bn | 252.80 Mn | 99.89% |
| 5 | Copt Defense Properties | 3.85 Bn | 3.90 Bn | 195.09 Mn | 97.23% |
| 6 | Highwoods Properties | 3.25 Bn | 3.27 Bn | - | - |
| 7 | Douglas Emmett | 2.11 Bn | 3.29 Bn | 176.48 Mn | 70.32% |
| 8 | Empire State Realty OP | 1.49 Bn | 1.49 Bn | - | - |
| 9 | Piedmont Realty Trust | 1.15 Bn | 1.15 Bn | 85.99 Mn | 60.01% |
| 10 | Net Lease Office Properties | 174.95 Mn | 178.91 Mn | 8.43 Mn | 93.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -80.94% |