NewLake Capital Partners (NLCP) Interest Coverage Ratio (2021 - 2026)
NewLake Capital Partners' Interest Coverage Ratio came in at 28.40 for Q2 2026, down 21.1% from 36.02 a year earlier but up 1.1% from the prior quarter.
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Analysis
NewLake Capital Partners (NLCP) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, NewLake Capital Partners reported Interest Coverage Ratio of 28.64, down 21.4% year-over-year; for FY2025, it came in at 32.48, down 31.5% from FY2024.
- Interest Coverage Ratio has declined in each of the last four years.
- Going back by year, Interest Coverage Ratio was 47.42 in FY2024 (-27.1%), 65.05 in FY2023 (-21.1%), 82.48 in FY2022 (-95.7%) and 1915.83 in FY2021.
- The five-year range for quarterly Interest Coverage Ratio is 28.10 (Q1 2026) to 733.67 (Q4 2021).
- Year-over-year, Interest Coverage Ratio has declined for nine consecutive quarters, with an average decline of 33.6% over the last eight quarters.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q1 2024 (growth of 32.4%), and the weakest in Q4 2022 (a decline of 91.1%).
- Business Quant data shows NLCP's Interest Coverage Ratio at 28.10 (Q1 2026), 28.16 (Q4 2025) and 29.81 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | - |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 4.53 |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 3.27 |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 2.27 |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 5.50 |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 1.34 |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 3.50 |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 2.46 |
| 10 | NewLake Capital Partners | 301.51 Mn | 210.11 Mn | - | 28.40 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.40 |
| Mar 31, 2026 | 28.10 |
| Dec 31, 2025 | 28.16 |
| Sep 30, 2025 | 29.81 |
| Jun 30, 2025 | 36.02 |
| Mar 31, 2025 | 37.10 |
| Dec 31, 2024 | 35.13 |
| Sep 30, 2024 | 37.49 |
| Jun 30, 2024 | 54.41 |
| Mar 31, 2024 | 84.06 |
| Dec 31, 2023 | 74.14 |
| Sep 30, 2023 | 62.98 |
| Jun 30, 2023 | 59.66 |
| Mar 31, 2023 | 63.50 |
| Dec 31, 2022 | 65.14 |
| Sep 30, 2022 | 71.38 |
| Jun 30, 2022 | 82.35 |
| Mar 31, 2022 | 189.37 |
| Dec 31, 2021 | 733.67 |
API Access
NewLake Capital Partners Interest Coverage Ratio 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=interest-coverage-ratio&ticker=NLCP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=NLCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();