NewLake Capital Partners (NLCP) Income before Taxes (2020 - 2026)
NewLake Capital Partners (NLCP) recorded EBT of $4.19 million in Q3 2026, down 37.3% from $6.68 million a year earlier and down 29.2% from the prior quarter.
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Analysis
NewLake Capital Partners (NLCP) Income before Taxes (2020 - 2026) Analysis & Trends
On a TTM basis, NewLake Capital Partners' EBT came in at $21.97 million as of Sep 30, 2026, down 16.8% year-over-year; for FY2025, it came in at $26.41 million, up 0.7% from FY2024.
- Annual EBT has increased for four straight years.
- Across earlier years, EBT came in at $26.23 million in FY2024 (+8.0%), $24.28 million in FY2023 (+8.6%), $22.36 million in FY2022 (+92.9%) and $11.59 million in FY2021.
- The Q3 2026 figure is the lowest quarterly EBT since Q2 2022.
- On a year-over-year basis, EBT has declined for three consecutive quarters, with an average decline of 9.4% over the last eight quarters.
- Peak year-over-year performance for EBT in the last five years was growth of 233.8% in Q1 2022, against a decline of 37.3% in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $5.92 million (Q2 2026), $5.8 million (Q1 2026) and $6.06 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn |
| 10 | NewLake Capital Partners | 285.04 Mn | 199.27 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.19 Mn |
| Jun 30, 2026 | 5.92 Mn |
| Mar 31, 2026 | 5.80 Mn |
| Dec 31, 2025 | 6.06 Mn |
| Sep 30, 2025 | 6.68 Mn |
| Jun 30, 2025 | 7.35 Mn |
| Mar 31, 2025 | 6.32 Mn |
| Dec 31, 2024 | 6.04 Mn |
| Sep 30, 2024 | 6.46 Mn |
| Jun 30, 2024 | 6.84 Mn |
| Mar 31, 2024 | 6.89 Mn |
| Dec 31, 2023 | 6.95 Mn |
| Sep 30, 2023 | 5.89 Mn |
| Jun 30, 2023 | 5.69 Mn |
| Mar 31, 2023 | 5.97 Mn |
| Dec 31, 2022 | 6.81 Mn |
| Sep 30, 2022 | 6.62 Mn |
| Jun 30, 2022 | 3.79 Mn |
| Mar 31, 2022 | 5.13 Mn |
| Dec 31, 2021 | 4.46 Mn |
API Access
NewLake Capital Partners Income before Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=income-before-taxes&ticker=NLCP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-before-taxes", "ticker": "NLCP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=income-before-taxes&ticker=NLCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();