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Net Lease Office Properties vs MacKenzie Realty Capital: NLOP and MKZR compared
Net Lease Office Properties is the larger company: $5.9M of revenue in its latest quarter (Q3 2026) against $5.4M for MacKenzie Realty Capital (Q4 FY26). MacKenzie Realty Capital is growing faster (+13% against -80% a year earlier). Net Lease Office Properties is more profitable, with an operating margin of -90.0% against -90.5%.
Where the money goes: NLOP and MKZR
Net Lease Office Properties (NLOP) · Q3 2026
Net Lease Office Properties, Q3 2026: revenue $5.9M (-80% year over year), operating margin -90.0%, net loss $606K, operating cash flow $750K. The chart follows the revenue to costs, profit and cash.
MacKenzie Realty Capital (MKZR) · Q4 FY26
MacKenzie Realty Capital, Q4 FY26: revenue $5.4M (+13% year over year), operating margin -90.5%, net loss $5.6M, operating cash flow −$553K. The chart follows the revenue to costs, profit and cash.
| Net Lease Office Properties (NLOP) | MacKenzie Realty Capital (MKZR) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q4 FY26 |
| Revenue | $5.9M | $5.4M |
| Revenue growth, Y/Y | -80% | +13% |
| Operating margin | -90.0% | -90.5% |
| Net earnings | −$606K | −$5.6M |
| Net margin | -10.3% | -103.4% |
| Operating cash flow | $750K | −$553K |
| Market value | $143M | — |
| P/E | 7.9× | — |
Questions
Which is bigger, Net Lease Office Properties or MacKenzie Realty Capital?
Net Lease Office Properties is the larger company: $5.9M of revenue in its latest quarter (Q3 2026) against $5.4M for MacKenzie Realty Capital (Q4 FY26).
Is Net Lease Office Properties or MacKenzie Realty Capital growing faster?
MacKenzie Realty Capital is growing faster (+13% against -80% a year earlier).
Which is more profitable, Net Lease Office Properties or MacKenzie Realty Capital?
Net Lease Office Properties is more profitable, with an operating margin of -90.0% against -90.5%.
More: Net Lease Office Properties earnings · how Net Lease Office Properties makes money · MacKenzie Realty Capital earnings · how MacKenzie Realty Capital makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-K filed Sep 28, 2026). Fiscal quarters can end on different dates. Not investment advice.