NewLake Capital Partners (NLCP) Interest Coverage Ratio (2021 - 2026)
NewLake Capital Partners (NLCP) posted quarterly Interest Coverage Ratio of 3.36 for Q1 2026, up 2.71% year-over-year from 3.27 in Q1 2025, and up 103.21% quarter-over-quarter from 104.65 in Q4 2025.
NewLake Capital Partners (NLCP) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
NewLake Capital Partners' Interest Coverage Ratio history runs 6 years deep, the most recent figure standing at 3.36 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 2.71% year-over-year to 3.36; the TTM figure through Mar 2026 stood at 14.96 (up 12.84% YoY), while the FY2025 annual figure was 4.51, down 66.6% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 3.36, up from 104.65 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 74.14 in Q4 2023, with the low at 104.65 in Q4 2025.
- The 5-year median for Interest Coverage Ratio is 3.34 (2024), against an average of 6.51.
- The sharpest annual moves came in 2022 and 2025: Interest Coverage Ratio jumped 143.29% in 2022, then slumped 397.89% in 2025.
- NewLake Capital Partners' Interest Coverage Ratio stood at 65.14 in 2022, then gained by 13.81% to 74.14 in 2023, then slumped by 52.61% to 35.13 in 2024, then plunged by 397.89% to 104.65 in 2025, then soared by 103.21% to 3.36 in 2026.
- Business Quant data shows NLCP's Interest Coverage Ratio at 3.36 in Q1 2026, 104.65 in Q4 2025, and 3.51 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 105.22 Bn | 103.00 Bn | 1.40 Bn | 4.40 |
| 2 | American Tower | 82.29 Bn | 80.53 Bn | 2.72 Bn | 3.58 |
| 3 | Digital Realty Trust | 67.86 Bn | 65.99 Bn | - | 4.10 |
| 4 | Iron Mountain | 36.37 Bn | 36.17 Bn | 1.07 Bn | - |
| 5 | Crown Castle | 32.63 Bn | 31.59 Bn | 989.00 Mn | 2.26 |
| 6 | Sba Communications | 19.38 Bn | 19.38 Bn | 539.27 Mn | - |
| 7 | Weyerhaeuser | 17.60 Bn | 17.07 Bn | 311.00 Mn | 3.38 |
| 8 | Lamar Advertising | 15.20 Bn | 15.13 Bn | 422.53 Mn | 5.06 |
| 9 | Gaming & Leisure Properties | 12.49 Bn | 12.49 Bn | - | 3.30 |
| 10 | NewLake Capital Partners | 328.84 Mn | 303.08 Mn | 11.95 Mn | 28.40 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.43 |
| Mar 31, 2026 | 3.36 |
| Dec 31, 2025 | -104.65 |
| Sep 30, 2025 | 3.51 |
| Jun 30, 2025 | 3.84 |
| Mar 31, 2025 | 3.27 |
| Dec 31, 2024 | 35.13 |
| Sep 30, 2024 | 3.34 |
| Jun 30, 2024 | 3.51 |
| Mar 31, 2024 | 3.51 |
| Dec 31, 2023 | 74.14 |
| Sep 30, 2023 | 3.01 |
| Jun 30, 2023 | 2.92 |
| Mar 31, 2023 | 2.94 |
| Dec 31, 2022 | 65.14 |
| Sep 30, 2022 | 3.33 |
| Jun 30, 2022 | 1.88 |
| Mar 31, 2022 | 2.54 |
| Sep 30, 2021 | 1.37 |
| Jun 30, 2021 | 1.39 |