NewLake Capital Partners (NLCP) Interest Expense (2022 - 2026)
NewLake Capital Partners (NLCP) reported Interest Expense of $146,000 for Q3 2026, down 37.1% from $232,000 a year earlier and down 32.4% from the prior quarter.
NewLake Capital Partners (NLCP) Interest Expense (2022 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, NewLake Capital Partners' Interest Expense came in at $799,000, up 0.6% year-over-year; for FY2025, it came in at $839,000, up 48.5% from FY2024.
- Interest Expense has increased for three consecutive years, with a three-year compound annual growth rate of 45.4% (FY2022 to FY2025).
- By year, Interest Expense came in at $565,000 in FY2024 (+49.1%), $379,000 in FY2023 (+38.8%) and $273,000 in FY2022.
- The Q3 2026 figure ranks as the lowest quarterly Interest Expense since Q2 2024.
- Year over year, Interest Expense gained in seven of the last eight quarters, with growth averaging 38.3%.
- The high point for year-over-year Interest Expense in five years was Q2 2023 (growth of 110.9%); the low point was Q3 2026 (a decline of 37.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $216,000 (Q2 2026), $214,000 (Q1 2026) and $223,000 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | - |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 286.96 Mn |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 287.59 Mn |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | - |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | - |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | - |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 68.28 Mn |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | - |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | - |
| 10 | NewLake Capital Partners | 285.04 Mn | 199.27 Mn | - | 146,000.00 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 146,000.00 |
| Jun 30, 2026 | 216,000.00 |
| Mar 31, 2026 | 214,000.00 |
| Dec 31, 2025 | 223,000.00 |
| Sep 30, 2025 | 232,000.00 |
| Jun 30, 2025 | 210,000.00 |
| Mar 31, 2025 | 175,000.00 |
| Dec 31, 2024 | 177,000.00 |
| Sep 30, 2024 | 177,000.00 |
| Jun 30, 2024 | 128,000.00 |
| Mar 31, 2024 | 83,000.00 |
| Dec 31, 2023 | 95,000.00 |
| Sep 30, 2023 | 95,000.00 |
| Jun 30, 2023 | 97,000.00 |
| Mar 31, 2023 | 92,000.00 |
| Dec 31, 2022 | 106,000.00 |
| Sep 30, 2022 | 94,000.00 |
| Jun 30, 2022 | 46,000.00 |
NewLake Capital Partners Interest Expense 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-expense&ticker=NLCP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense", "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-expense&ticker=NLCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();