Skip to content
Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Net margin-122.3%-72.8pp-122.2%-57.9pp-156.2%-33.3pp-133.6%-43.9pp-49.5%+43.1pp
EBITDA margin-85.8%-114pp-81.1%-103pp-107.8%-76.1pp-74.1%-70.3pp28.1%+46.4pp
Returns
Return on equity-32.1%-21.8pp-33.2%-18.7pp-34.4%+29.2pp-27.1%-9.3pp-10.3%+8.4pp
Return on assets-23.2%-16.9pp-23.1%-14.4pp-25.1%+17.9pp-18.3%-6.3%
Return on invested capital-28.7%-27.5pp-30.2%-27.4pp-23.7%-15.1%-1.2%
Efficiency
Asset turnover0.2×+0.1×0.2×+0.1×0.2×-0.2×0.1×0.1×
Leverage
Debt-to-equity0.1×-0.1×0.1×-0.2×0.2×-0.5×0.3×-0.5×0.3×-1.1×
Debt-to-assets0.1×-0.1×-0.2×0.1×-0.3×0.2×-0.3×0.2×-0.5×
Interest coverage-15.3×-15.1×-10.4×-10.0×-8.5×-7.0×-4.4×-3.4×-0.2×+1.7×
Per Share
Book value per share$11.48-70.8%$19.84-49.5%$29.04-30.9%$33.75-24.3%$39.30-10.2%
Valuation
Market capitalization$164.88M-66.2%$382.05M-17.2%$439.39M-2.9%$493.75M+35.6%$464.87M+33.6%
Enterprise value$112.76M-80.7%$281.5M-50.0%$467.27M-38.8%$591.31M-28.6%$553.5M-52.2%
Price / sales1.7×-2.5×3.2×0.0×3.8×+1.0×4.2×+2.1×3.6×+1.7×
Price / book0.0×1.3×+0.5×+0.3×+0.4×0.8×+0.3×
EV / sales1.1×-3.8×2.4×-1.6×-0.7×+0.2×4.3×-2.2×
Earnings yield-73.2%-41.0pp-38%-18.2pp-41.2%+2.5pp-31.8%+10.7pp-13.6%+33.4pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

Where do Net Lease Office Properties's ratios come from?
Every ratio is computed from Net Lease Office Properties's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.