NewLake Capital Partners (NLCP) Interest Coverage Ratio (2021 - 2026)

NewLake Capital Partners' (NLCP) quarterly Interest Coverage Ratio came in at 3.36 in Q1 2026, up 2.71% year-on-year from 3.27 in Q1 2025, and down 76.4% quarter-over-quarter from 14.24 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.

  • On a quarterly basis, Interest Coverage Ratio rose 2.71% year-over-year to 3.36 in Q1 2026; TTM through Mar 2026 was 14.96, a 12.84% increase from a year earlier, with the FY2025 full-year figure at 4.51, down 66.6% from the prior year.
  • Interest Coverage Ratio retreated to 3.36 in Q1 2026 per NLCP's latest filing, from 14.24 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 16.81 in Q4 2024 and bottomed at 50.04 in Q4 2022.
  • The 5-year median for Interest Coverage Ratio is 3.33 (2022), against an average of 1.53.
  • Across the five-year window, Interest Coverage Ratio jumped 143.29% in 2022 and retreated 15.28% in 2025, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 50.04 in 2022, then advanced by 4.25% to 47.91 in 2023, then surged by 135.08% to 16.81 in 2024, then decreased by 15.28% to 14.24 in 2025, then sank by 76.4% to 3.36 in 2026.
  • Per Business Quant, the three latest NLCP Interest Coverage Ratio figures stand at 3.36 (Q1 2026), 14.24 (Q4 2025), and 3.51 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Equinix 102.00 Bn 98.94 Bn 1.26 Bn 3.90
2 American Tower 76.76 Bn 83.27 Bn 2.70 Bn 1.56
3 Digital Realty Trust 61.91 Bn 61.08 Bn - 1.83
4 Iron Mountain 37.06 Bn 37.09 Bn 1.05 Bn 1.16
5 Crown Castle 32.50 Bn 32.44 Bn 23.00 Mn 1.92
6 Sba Communications 18.50 Bn 18.59 Bn 532.10 Mn 2.21
7 Weyerhaeuser 17.05 Bn 16.75 Bn 318.00 Mn 3.74
8 Lamar Advertising 15.99 Bn 15.96 Bn 344.69 Mn 1.23
9 Gaming & Leisure Properties 12.58 Bn 12.98 Bn - 0.39
10 NewLake Capital Partners 322.90 Mn 304.82 Mn 11.53 Mn 3.36

Historic Data

Download Data
DateValue
Mar 31, 2026 3.36
Dec 31, 2025 14.24
Sep 30, 2025 3.51
Jun 30, 2025 3.84
Mar 31, 2025 3.27
Dec 31, 2024 16.81
Sep 30, 2024 3.34
Jun 30, 2024 3.51
Mar 31, 2024 3.51
Dec 31, 2023 -47.91
Sep 30, 2023 3.01
Jun 30, 2023 2.92
Mar 31, 2023 2.94
Dec 31, 2022 -50.04
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