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
DateValue
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