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| Date | Value |
|---|---|
| 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% |