NewLake Capital Partners (NLCP) Interest Coverage Ratio (2021 - 2026)
NewLake Capital Partners (NLCP) recorded quarterly Interest Coverage Ratio of 28.1 in Q1 2026, little changed quarter-over-quarter from 28.16 in Q4 2025, and down 24.26% on a YoY basis from 37.1 in Q1 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 28.1 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 24.26% year-over-year to 28.1; the TTM figure through Mar 2026 stood at 30.46 (down 23.94% YoY), while the FY2025 annual figure was 32.48, down 31.51% from the prior year.
- Interest Coverage Ratio was 28.1 for Q1 2026 at NewLake Capital Partners, roughly flat from 28.16 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 189.37 in Q1 2022 to a low of 28.1 in Q1 2026.
- Historically, Interest Coverage Ratio has averaged 61.11 across 5 years, with a median of 59.66 in 2023.
- The sharpest annual moves came in 2022 and 2024: Interest Coverage Ratio sank 91.12% in 2022, then jumped 32.38% in 2024.
- A 5-year view of Interest Coverage Ratio shows it stood at 65.14 in 2022, then advanced by 13.81% to 74.14 in 2023, then tumbled by 52.61% to 35.13 in 2024, then declined by 19.85% to 28.16 in 2025, then dropped by 0.19% to 28.1 in 2026.
- The last three Interest Coverage Ratio figures came in at 28.1 (Q1 2026), 28.16 (Q4 2025), and 29.81 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 104.53 Bn | 101.50 Bn | 2.20 Bn | 3.90 |
| 2 | American Tower | 86.20 Bn | 92.70 Bn | 2.70 Bn | 3.57 |
| 3 | Digital Realty Trust | 63.76 Bn | 62.92 Bn | - | 2.30 |
| 4 | Crown Castle | 38.57 Bn | 38.52 Bn | 984.00 Mn | 1.92 |
| 5 | Iron Mountain | 37.41 Bn | 37.43 Bn | 1.05 Bn | - |
| 6 | Sba Communications | 20.70 Bn | 20.79 Bn | 532.10 Mn | - |
| 7 | Weyerhaeuser | 17.74 Bn | 17.44 Bn | 318.00 Mn | 3.74 |
| 8 | Lamar Advertising | 15.68 Bn | 15.63 Bn | 403.56 Mn | 4.87 |
| 9 | Gaming & Leisure Properties | 13.22 Bn | 13.62 Bn | - | 3.48 |
| 10 | NewLake Capital Partners | - | - | - | 28.10 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |