Net Lease Office Properties (NLOP)
NYSE: NLOP · Real-Time Price · USD
30.16
-0.19 (-0.63%)
May 13, 2025, 4:00 PM - Market closed
NLOP Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
| Rental Revenue | 117.94 | 128.86 | 166.03 | 151.25 | 143.96 | 138.91 |
| Other Revenue | 9.52 | 13.3 | 7.74 | 3.22 | 2.24 | 2.58 |
| Total Revenue | 127.45 | 142.25 | 174.97 | 156.21 | 147.91 | 144.77 |
| Revenue Growth (YoY | -27.71% | -18.70% | 12.00% | 5.62% | 2.17% | - |
| Property Expenses | 17.14 | 17.14 | 9.89 | 7.75 | - | - |
| Selling, General & Administrative | 7.07 | 7.5 | 13.61 | 11.87 | 16.74 | 17.61 |
| Depreciation & Amortization | 48.45 | 56.7 | 75 | 63.21 | 58.58 | 57.17 |
| Other Operating Expenses | 26.44 | 26.52 | 27.96 | 24.25 | 23.65 | 20.19 |
| Total Operating Expenses | 99.11 | 107.86 | 126.45 | 107.08 | 98.97 | 94.97 |
| Operating Income | 28.35 | 34.39 | 48.51 | 49.14 | 48.94 | 49.8 |
| Interest Expense | -53.91 | -68.96 | -42.61 | -26.84 | -28.64 | -32.14 |
| Interest & Investment Income | 2.74 | 2.3 | - | - | - | - |
| Currency Exchange Gain (Loss) | -0.1 | -0.8 | 0.46 | - | - | - |
| Other Non-Operating Income | -3.43 | -3.25 | - | -0.01 | - | - |
| EBT Excluding Unusual Items | -26.35 | -36.33 | 6.36 | 22.29 | 20.3 | 17.66 |
| Merger & Restructuring Charges | - | - | - | -6.03 | - | - |
| Impairment of Goodwill | - | - | -62.46 | - | - | - |
| Gain (Loss) on Sale of Assets | 34.98 | 20.22 | -3.61 | - | - | - |
| Asset Writedown | -75.09 | -78.24 | -63.14 | - | - | - |
| Other Unusual Items | 0.88 | 0.58 | - | - | -17.23 | -0.84 |
| Pretax Income | -65.58 | -93.77 | -131.3 | 16.26 | 3.06 | 16.82 |
| Income Tax Expense | -2.52 | -2.38 | 0.43 | 0.49 | 1.65 | 0.8 |
| Earnings From Continuing Operations | -63.05 | -91.39 | -131.72 | 15.78 | 1.42 | 16.02 |
| Minority Interest in Earnings | -0.09 | -0.09 | -0.02 | 0 | - | - |
| Net Income | -63.14 | -91.47 | -131.75 | 15.78 | 1.42 | 16.02 |
| Net Income to Common | -63.14 | -91.47 | -131.75 | 15.78 | 1.42 | 16.02 |
| Net Income Growth | - | - | - | 1012.76% | -91.15% | - |
| Basic Shares Outstanding | 15 | 15 | 15 | 15 | 15 | - |
| Diluted Shares Outstanding | 15 | 15 | 15 | 15 | 15 | - |
| Shares Change (YoY) | 0.85% | 1.08% | 0.07% | - | - | - |
| EPS (Basic) | -4.27 | -6.18 | -9.00 | 1.08 | 0.10 | - |
| EPS (Diluted) | -4.27 | -6.18 | -9.00 | 1.08 | 0.10 | - |
| EPS Growth | - | - | - | 1012.77% | - | - |
| Dividend Per Share | - | - | 0.340 | - | - | - |
| Operating Margin | 22.24% | 24.17% | 27.73% | 31.45% | 33.09% | 34.40% |
| Profit Margin | -49.54% | -64.30% | -75.30% | 10.10% | 0.96% | 11.06% |
| EBITDA | 101.65 | 113.32 | 129.91 | 115.37 | 110.1 | 107.83 |
| EBITDA Margin | 79.76% | 79.67% | 74.25% | 73.85% | 74.44% | 74.48% |
| D&A For Ebitda | 73.31 | 78.94 | 81.4 | 66.23 | 61.16 | 58.03 |
| EBIT | 28.35 | 34.39 | 48.51 | 49.14 | 48.94 | 49.8 |
| EBIT Margin | 22.24% | 24.17% | 27.73% | 31.45% | 33.09% | 34.40% |
| Funds From Operations (FFO) | 25.22 | 23.04 | 72.25 | - | 60 | 73.18 |
| Adjusted Funds From Operations (AFFO) | - | 62.05 | 93.93 | - | 77.5 | 71.84 |
| FFO Payout Ratio | 0.00% | 4.65% | - | - | - | - |
| Effective Tax Rate | - | - | - | 2.99% | 53.72% | 4.76% |
| Revenue as Reported | 127.45 | 142.25 | 174.97 | 156.21 | 147.91 | 144.77 |
Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.