Net Lease Office Properties (Net Lease Office Properties) Tax Rate % : -0.81% (As of Mar. 2024)

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What is Net Lease Office Properties Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Net Lease Office Properties's Tax Expense for the three months ended in Mar. 2024 was $0.2 Mil. Net Lease Office Properties's Pre-Tax Income for the three months ended in Mar. 2024 was $-27.6 Mil. Therefore, Net Lease Office Properties's Tax Rate % for the quarter that ended in Mar. 2024 was -0.81%.

Net Lease Office Properties Tax Rate % Historical Data

The historical data trend for Net Lease Office Properties's Tax Rate % 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.

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Net Lease Office Properties Tax Rate % Chart

Net Lease Office Properties Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

5.75

4.76

53.72

2.99

-0.32

Net Lease Office Properties Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial						10.41	1.69	7.68	-0.09	-0.81

Net Lease Office Properties Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Net Lease Office Properties's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	0.425	/	-131.297
	=	-0.32 %

Net Lease Office Properties's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	0.224	/	-27.597
	=	-0.81 %

Net Lease Office Properties Tax Rate % Related Terms

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Net Lease Office Properties (Net Lease Office Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Net Lease Office Properties (NYSE:NLOP) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

395 9th Avenue, 58th Floor, One Manhattan West, New York, NY, USA, 10001

Website

Net Lease Office Properties is a real estate investment trust. Through its subsidiaries it owns, operates and finance office building. Its properties are primarily leased to corporate tenants on a single-tenant, net-lease basis. Its portfolio includes approximately 1.5 million square feet of Green-Certified Buildings, 4 LEED-Certified Buildings and 1 BREEAM-Certified Building.

Executives

Richard J Pinola	director	BANKRATE, INC., 11760 US HIGHWAY 1 SUITE 200, NORTH PALM BEACH FL 33408
Hansing Axel K.a.	director	C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE. 58TH FL, NEW YORK NY 10001
Jean Hoysradt	director	C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
John J Park	director	C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE. 58TH FL, NEW YORK NY 10001
Jason E. Fox	officer: CHIEF EXECUTIVE OFFICER	C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
Toniann Sanzone	officer: CHIEF FINANCIAL OFFICER	C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK, NEW YORK NY 10001
Brian H Zander	officer: CHIEF ACCOUNTING OFFICER	C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
W. P. Carey Inc.	10 percent owner	ONE MANHATTAN WEST, 395 9TH AVENUE, 58TH FLOOR, NEW YORK NY 10001

Net Lease Office Properties (Net Lease Office Properties) Headlines

From GuruFocus

Net Lease Office Properties Declares Common Share Dividend of $0.34 Per Share

By PRNewswire • 12-08-2023

Net Lease Office Properties Announces Sales of Four U.S. Office Properties Totaling $43 Million

By PRNewswire • 01-11-2024