NLOP (Net Lease Office Properties) OCF Margin %: 28.30% (As of Jun. 2026) — 44% Below Median

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NLOP Net Lease Office Properties NLOP
54 GF Score
Price $11.57
GF Value $12.80
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Net Lease Office Properties OCF Margin %?

Net Lease Office Properties NLOP -0.86% 54 OCF Margin % is 28.30% as of Jun. 2026, which is 44% below its 10-year median of 50.88. GuruFocus rates NLOP with a GF Score™ of 54/100 and a GF Value™ of $12.80 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 930 REITs companies, Net Lease Office Properties ranks better than 66.02% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Net Lease Office Properties's Cash Flow from Operations for the three months ended in Jun. 2026 was $1.80 Mil. Net Lease Office Properties's Revenue for the three months ended in Jun. 2026 was $6.36 Mil. Therefore, Net Lease Office Properties's OCF Margin % for the quarter that ended in Jun. 2026 was 28.30%.

As of today, Net Lease Office Properties's current OCF Yield % is 28.13%.

The historical rank and industry rank for Net Lease Office Properties's OCF Margin % or its related term are showing as below:

NLOP' s OCF Margin % Range Over the Past 10 Years
Min: 40.56   Med: 50.88   Max: 53.95
Current: 63.51


During the past 7 years, the highest OCF Margin % of Net Lease Office Properties was 53.95%. The lowest was 40.56%. And the median was 50.88%.

NLOP's OCF Margin % is ranked better than
66.02% of 930 companies
in the REITs industry
Industry Median: 48.93 vs NLOP: 63.51


Net Lease Office Properties OCF Margin % Related Terms


Net Lease Office Properties OCF Margin % Historical Data

* Premium members only.

The historical data trend for Net Lease Office Properties's OCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Net Lease Office Properties OCF Margin % Chart

Net Lease Office Properties Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial 50.93 53.95 40.56 50.52 53.91

Net Lease Office Properties Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.12 54.82 71.41 90.06 28.30

NLOP vs ONL, FSP, CMCT: OCF Margin % Comparison

For the REIT - Office subindustry, Net Lease Office Properties's OCF Margin %, along with its competitors' market caps and OCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Net Lease Office Properties OCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Net Lease Office Properties's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Net Lease Office Properties's OCF Margin % falls into.


NLOP
54GF Score
Net Lease Office Properties NLOP
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Net Lease Office Properties OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Net Lease Office Properties's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=64.111/118.915
=53.91 %

Net Lease Office Properties's OCF Margin for the quarter that ended in Jun. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=1.799/6.358
=28.30 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 28.30% mean?
Net Lease Office Properties (NLOP) has a OCF Margin % of 28.30% as of Jun. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Net Lease Office Properties and its competitors. This is 44% below median its historical median of 50.88. Over the past decade, Net Lease Office Properties' OCF Margin % has ranged from 40.56 to 53.95. According to the industry distribution chart, Net Lease Office Properties ranks #316 out of 930 companies in the REITs industry, placing it in the top 34%.
Is Net Lease Office Properties' OCF Margin % too high?
Net Lease Office Properties' current OCF Margin % of 28.30% is 44% below median its 10-year median of 50.88. Over the past 10 years, this metric has ranged from a low of 40.56 to a high of 53.95. The REITs industry median OCF Margin % is 48.93. Net Lease Office Properties' value of 28.30% is 42.2% below this industry median. Based on the distribution chart, Net Lease Office Properties ranks #316 out of 930 companies in the REITs industry, which is above the industry midpoint. Overall, Net Lease Office Properties has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Net Lease Office Properties' OCF Margin % compare to ONL and FSP?
According to the REITs industry distribution chart, Net Lease Office Properties ranks #316 out of 930 companies for OCF Margin %. This puts Net Lease Office Properties in the upper half of its industry. The industry median OCF Margin % is 48.93. Net Lease Office Properties' value of 28.30% is 42.2% below this benchmark. Historically, Net Lease Office Properties' own OCF Margin % has ranged from 40.56 to 53.95 over the past decade. While the company's 10-year median is 50.88 vs. the industry median of 48.93, Net Lease Office Properties has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for a REITs company?
The median OCF Margin % among REITs companies is 48.93, based on 930 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Net Lease Office Properties's current OCF Margin % of 28.30% is 42.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Net Lease Office Properties and its competitors. For the REITs industry, the median OCF Margin % is 48.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Net Lease Office Properties's current OCF Margin % is 28.30%, which is 44% below median its own 10-year median of 50.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Net Lease Office Properties stock overvalued right now?
Based on GuruFocus' analysis, Net Lease Office Properties (NLOP) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.80, compared to a current price of $11.57 — trading 9.6% below its estimated fair value. The current OCF Margin % is 28.30%, which is 44% below median its 10-year median of 50.88 and 42.2% below the REITs industry median of 48.93. Net Lease Office Properties' overall GF Score™ is 54/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Net Lease Office Properties (NLOP), the current OCF Margin % is 28.30% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Net Lease Office Properties (NLOP) Overvalued in 2026?

Based on GuruFocus' analysis, Net Lease Office Properties stock appears to be undervalued. The current stock price of $11.57 is trading 9.6% below its estimated GF Value™ of $12.80. GuruFocus considers Net Lease Office Properties to be Modestly Undervalued.

Key valuation signals for NLOP:

  • OCF Margin %: 28.30% (44% below median its 10-year median of 50.88)
  • GF Value™: $12.80 vs. price of $11.57 (9.6% below fair value)
  • GF Score™: 54/100 with 7 warning signs
  • Industry Position: 42.2% below the REITs median (#316 of 930)

No single metric tells the full story. See the NLOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Net Lease Office Properties Business Description

Industry Real EstateREITs
Address 395 9th Avenue, 58th Floor, One Manhattan West, New York, NY, USA, 10001
Net Lease Office Properties is a Maryland real estate investment trust that, together with its consolidated subsidiaries, owns, operates, and finances a diversified portfolio of office properties mainly leased to corporate tenants on a single-tenant, net-lease basis. The company operates as a single operating and reportable segment focused on owning and managing office properties that generate revenue mainly from long-term lease agreements with tenants.
54GF Score

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OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.57
Price
$12.80
GF Value