NLOP · Net Lease Office Properties
One customer — 13% of revenue (the six months ended June 30, 2026)
“13% related to our tenant Iowa Board of Regents, 13% related to our tenant Omnicom, and 10% related to our tenant RRD; and”
One customer — 13% of revenue (the six months ended June 30, 2026)
“13% related to our tenant Iowa Board of Regents, 13% related to our tenant Omnicom, and 10% related to our tenant RRD; and”
One customer — 10% of revenue (the six months ended June 30, 2026)
“13% related to our tenant Iowa Board of Regents, 13% related to our tenant Omnicom, and 10% related to our tenant RRD; and”
Price & Indicators
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Metrics snapshot
Useful current figures from the complete screener profile.
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Technicals
trend & momentum for long-term holders Strong SellIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted funds from operations attributable to NLOP (AFFO) non-GAAP | 3.25M | Three Months Ended June 30, 2026 filing | — |
| Funds from operations attributable to NLOP (FFO) non-GAAP | 3.06M | Three Months Ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP Net (loss) income attributable to NLOP -$6.19M
+$7.09M Impairment charges — real estate
+$2.74M Depreciation and amortization of real property
-$531K (Gain) loss on sale of real estate, net
-$51K Proportionate share of adjustments for noncontrolling interests
= FFO (as defined by NAREIT) attributable to NLOP $3.06M
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Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
REIT - Office — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
NLOP
this stock
Net Lease Office Properties
|
$143.55M | -62.4% | -16.4% | — | 6.2% |
|
BXP
BXP, Inc.
|
$9.46B | -12.1% | +2.2% | 31.6 | 7.8% |
|
ARE
Alexandria Real Estate Equities, Inc.
|
$7.91B | -6.8% | -2.9% | — | 3.9% |
|
VNO
Vornado Realty Trust
|
$6.31B | +1.6% | +1.3% | 1127.0 | 6.1% |
|
CUZ
Cousins Properties Inc
|
$4.49B | +7.5% | +16.0% | 682.3 | 7.3% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| NLOP | -0.5% | -11.4% | -24.5% | -1.8% | -62.4% |
| SPY | +1.3% | +2.1% | +9.0% | +1.5% | +13.5% |
| vs SPY | -1.8% | -13.6% | -33.5% | -3.3% | -75.9% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.