NewLake Capital Partners (NLCP) Gross Margin (2024 - 2026)
NewLake Capital Partners' (NLCP) quarterly Gross Margin came in at 98.03% in Q1 2026, down 197.0% year-on-year from 101.06% in Q1 2025, and little changed quarter-over-quarter from 97.88% in Q4 2025.
NewLake Capital Partners (NLCP) Gross Margin (2024 - 2026) Analysis & Trends
NewLake Capital Partners' Gross Margin history runs 3 years deep, the most recent figure standing at 98.03% for Q1 2026.
- On a quarterly basis, Gross Margin fell 197.0% year-over-year to 98.03% in Q1 2026; TTM through Mar 2026 was 98.71%, a 129.0% decrease from a year earlier, with the FY2025 full-year figure at 99.23%, down 77.0% from the prior year.
- Gross Margin held at 98.03% in Q1 2026 per NLCP's latest filing, from 97.88% in the prior quarter.
- Across five years, Gross Margin topped out at 100.0% in Q2 2024 and bottomed at 97.88% in Q4 2025.
- The 3-year median for Gross Margin is 99.98% (2024), against an average of 99.34%.
- Biggest YoY gain for Gross Margin was 4 bps in 2025; the steepest drop was 212 bps in 2025.
- Year by year, Gross Margin stood at 100.0% in 2024, then declined by 2 bps to 97.88% in 2025, then increased by 0 bps to 98.03% in 2026.
- Per Business Quant, the three latest NLCP Gross Margin figures stand at 98.03% (Q1 2026), 97.88% (Q4 2025), and 98.82% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 103.77 Bn | 100.72 Bn | 1.26 Bn | 51.47% |
| 2 | American Tower | 78.03 Bn | 77.90 Bn | 2.70 Bn | 98.59% |
| 3 | Digital Realty Trust | 66.79 Bn | 64.36 Bn | - | - |
| 4 | Iron Mountain | 37.52 Bn | 37.26 Bn | 1.05 Bn | 54.04% |
| 5 | Crown Castle | 32.60 Bn | 32.54 Bn | 23.00 Mn | 46.94% |
| 6 | Sba Communications | 18.34 Bn | 18.34 Bn | 532.10 Mn | 75.64% |
| 7 | Weyerhaeuser | 17.44 Bn | 17.14 Bn | 318.00 Mn | 18.41% |
| 8 | Lamar Advertising | 16.40 Bn | 16.36 Bn | 344.69 Mn | 65.28% |
| 9 | Gaming & Leisure Properties | 12.88 Bn | 12.88 Bn | - | - |
| 10 | NewLake Capital Partners | 327.86 Mn | 303.09 Mn | 11.53 Mn | 98.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 98.03% |
| Dec 31, 2025 | 97.88% |
| Sep 30, 2025 | 98.82% |
| Jun 30, 2025 | 99.96% |
| Mar 31, 2025 | 100.00% |
| Dec 31, 2024 | 100.00% |
| Sep 30, 2024 | 100.00% |
| Jun 30, 2024 | 100.00% |