Net Lease Office Properties (NLOP) Tax Rate (2022 - 2026)

Net Lease Office Properties (NLOP) recorded quarterly Tax Rate of 0.07% in Q1 2026, down 99.91% quarter-over-quarter from 76.06% in Q4 2025, and down 1371.0% on a YoY basis from 0.01% in Q1 2025.

Net Lease Office Properties (NLOP) Tax Rate (2022 - 2026) Analysis & Trends

Net Lease Office Properties' Tax Rate history runs 5 years deep, the most recent figure standing at 0.07% for Q1 2026.

  • In Q1 2026, Tax Rate fell 1371.0% year-over-year to 0.07%; the TTM figure through Mar 2026 stood at 0.08% (down 393.0% YoY), while the FY2025 annual figure was 0.11%, down 265.0% from the prior year.
  • Tax Rate was 0.07% for Q1 2026 at Net Lease Office Properties, down from 76.06% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 76.06% in Q4 2025 to a low of 10.45% in Q2 2023.
  • Historically, Tax Rate has averaged 7.01% across 5 years, with a median of 0.09% in 2022.
  • The sharpest annual moves came in 2025 and 2026: Tax Rate surged 6775 bps in 2025, then plunged 1371 bps in 2026.
  • A 5-year view of Tax Rate shows it stood at 0.29% in 2022, then sank by 130 bps to 0.09% in 2023, then surged by 9769 bps to 8.31% in 2024, then surged by 816 bps to 76.06% in 2025, then slumped by 100 bps to 0.07% in 2026.
  • The last three Tax Rate figures came in at 0.07% (Q1 2026), 76.06% (Q4 2025), and 0.05% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (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 0.32%
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 - -54.94%
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 0.07%

Historic Data

Download Data
DateValue
Mar 31, 2026 0.07%
Mar 31, 2026 0.07%
Dec 31, 2025 76.06%
Dec 31, 2025 76.06%
Sep 30, 2025 -0.05%
Sep 30, 2025 -0.05%
Jun 30, 2025 -0.12%
Jun 30, 2025 -0.12%
Mar 31, 2025 13.78%
Mar 31, 2025 13.78%
Dec 31, 2024 8.31%
Dec 31, 2024 8.31%
Sep 30, 2024 -1.22%
Sep 30, 2024 -1.22%
Jun 30, 2024 1.18%
Jun 30, 2024 1.18%
Mar 31, 2024 -0.81%
Mar 31, 2024 -0.81%
Dec 31, 2023 -0.09%
Dec 31, 2023 -0.09%