# Net Lease Office Properties (NLOP)

- Sector: Real Estate · Industry: Reit Office
- SEC CIK: 0001952976 ([filings on EDGAR](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001952976))
- Full page: https://inspectstocks.com/stocks/nlop
- Data as of: price 2026-09-28; newest filing used 2026-08-05; latest fiscal period ended 2026-06-30

## Grade

**F-** on the balance-sheet rubric used for lenders, 1 of 5 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Profitable | failed | -$45.4M |  |
| Earnings growing overall | failed | -$45.4M | $15.8M |
| Earnings growing recently | passed | -$45.4M | -$145.3M |
| Earns well on its assets | failed | -22.6% |  |
| Book value per share growing | failed | $19.84 | $75.77 |

Business quality (the + / − mark): 1 of 4 checks passed.

| Check | Result | Now | Before |
| --- | --- | --- | --- |
| Profitable | failed | -59.8% |  |
| Healthy profit margin | failed | -59.8% |  |
| Good return on equity | failed | -15.5% |  |
| Debt under control | passed | 0.08 |  |

How the grade works: the letter counts failed checks (none → A, one → B, two → C, three → D, four or more → F). It is built from SEC filings only — the share price never enters it — and describes the business, not whether the stock is worth buying.

## Key figures

In US dollars, as filed.

| Measure | Value |
| --- | --- |
| Revenue, trailing twelve months | $75.9M |
| Net income, trailing twelve months | -$45.4M |
| Net margin | -59.8% |
| Return on equity | -15.5% |
| Debt to equity | 0.08 |
| Diluted EPS, trailing twelve months | -$3.07 |
| Share price | $9.99 |
| Market value | $148M |
| Price / sales | 1.9x |

## More on this company

- [Overview](https://inspectstocks.com/stocks/nlop)
- [Financial statements](https://inspectstocks.com/stocks/nlop/financials)
- [Competitors](https://inspectstocks.com/stocks/nlop/peers)
- [Earnings](https://inspectstocks.com/stocks/nlop/earnings)

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Source: InspectStocks, built from the company’s own SEC filings. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.