Net Lease Office Properties (NLOP) Operating Leases (2022 - 2026)
Net Lease Office Properties (NLOP) recorded quarterly Operating Leases of $2.1 million in Q1 2026, up 3.27% quarter-over-quarter from $2.0 million in Q4 2025, and down 64.58% on a YoY basis from $5.8 million in Q1 2025.
Net Lease Office Properties (NLOP) Operating Leases (2022 - 2026) Analysis & Trends
Net Lease Office Properties' Operating Leases history runs 5 years deep, the most recent figure standing at $2.1 million for Q1 2026.
- In Q1 2026, Operating Leases fell 64.58% year-over-year to $2.1 million; the TTM figure through Mar 2026 stood at $2.1 million (down 64.58% YoY), while the FY2025 annual figure was $2.0 million, down 68.44% from the prior year.
- Operating Leases was $2.1 million for Q1 2026 at Net Lease Office Properties, up from $2.0 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $14.7 million in Q4 2022 to a low of $2.0 million in Q4 2025.
- Historically, Operating Leases has averaged $7.1 million across 5 years, with a median of $6.9 million in 2024.
- The sharpest annual moves came in 2023 and 2025: Operating Leases declined 27.46% in 2023, then tumbled 68.44% in 2025.
- A 5-year view of Operating Leases shows it stood at $14.7 million in 2022, then retreated by 27.46% to $10.6 million in 2023, then plunged by 40.76% to $6.3 million in 2024, then sank by 68.44% to $2.0 million in 2025, then advanced by 3.27% to $2.1 million in 2026.
- The last three Operating Leases figures came in at $2.1 million (Q1 2026), $2.0 million (Q4 2025), and $2.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.03 Bn | 9.03 Bn | - |
| 2 | Cousins Properties | 4.85 Bn | 4.87 Bn | 180.52 Mn |
| 3 | Kilroy Realty | 4.57 Bn | 4.57 Bn | -59.85 Mn |
| 4 | Sl Green Realty | 3.90 Bn | 4.01 Bn | 252.80 Mn |
| 5 | Copt Defense Properties | 3.85 Bn | 3.90 Bn | 195.09 Mn |
| 6 | Highwoods Properties | 3.25 Bn | 3.27 Bn | - |
| 7 | Douglas Emmett | 2.11 Bn | 3.29 Bn | 176.48 Mn |
| 8 | Empire State Realty OP | 1.49 Bn | 1.49 Bn | - |
| 9 | Piedmont Realty Trust | 1.15 Bn | 1.15 Bn | 85.99 Mn |
| 10 | Net Lease Office Properties | 174.95 Mn | 178.91 Mn | 8.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.06 Mn |
| Dec 31, 2025 | 1.99 Mn |
| Sep 30, 2025 | 2.74 Mn |
| Jun 30, 2025 | 3.99 Mn |
| Mar 31, 2025 | 5.80 Mn |
| Dec 31, 2024 | 6.31 Mn |
| Sep 30, 2024 | 7.49 Mn |
| Jun 30, 2024 | 8.66 Mn |
| Mar 31, 2024 | 9.20 Mn |
| Dec 31, 2023 | 10.64 Mn |
| Sep 30, 2023 | 12.18 Mn |
| Dec 31, 2022 | 14.67 Mn |