Net Lease Office Properties vs Orion Properties
Orion Properties is the larger business, with $148m of revenue in fiscal 2025 against $119m for Net Lease Office Properties (1.2 times as much). Orion Properties grew faster (-10.4% against -16.4%). Orion Properties kept more of each dollar of sales as profit: a net margin of -94.4% against -122.2%.
| Latest fiscal year | Net Lease Office PropertiesNLOP, 2025 | Orion PropertiesONL, 2025 |
|---|---|---|
| Revenue | $119m | $148m |
| Revenue growth | -16.4% | -10.4% |
| Net income | −$145m | −$139m |
| Operating margin | — | — |
| Net margin | -122.2% | -94.4% |
| Return on equity | -33.2% | -20.1% |
| Free cash flow | — | — |
| Cash | $120m | $22.4m |
| Total debt | $21.9m | $465m |
| Debt to equity | 7.5% | — |
| Dividend per share | — | — |
| Dividend yield | 0.0% | — |
| Share buybacks | — | $0 |
| Employees | — | 37 |
| Market value | $131m | $141m |
| Price vs our value range | — | — |
| Moat score | — | 17 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |