NewLake Capital Partners (NLCP) Invested Capital (2020 - 2026)
NewLake Capital Partners (NLCP) posted Invested Capital of $396.48 million for Q2 2026, down 2.6% from $407.13 million a year earlier and down 0.7% from the prior quarter.
NewLake Capital Partners (NLCP) Invested Capital (2020 - 2026) Analysis & Trends
For FY2025, NewLake Capital Partners' Invested Capital came in at $402.29 million, down 2.3% from FY2024.
- Annual Invested Capital has declined for four consecutive years, though with a five-year compound annual growth rate of 23.3% (FY2020 to FY2025).
- In prior years, NewLake Capital Partners' Invested Capital was $411.57 million in FY2024 (-0.3%), $412.96 million in FY2023 (-4.6%), $432.92 million in FY2022 (-2.3%) and $443.09 million in FY2021 (+214.2%).
- The Q2 2026 figure stands as the lowest quarterly Invested Capital since Q4 2020.
- On a year-over-year basis, Invested Capital has declined in each of the last 15 quarters, with an average decline of 1.7% over the last eight quarters.
- The strongest year-over-year quarter for Invested Capital in the past five years was Q4 2021, with growth of 214.2%; the weakest was Q4 2023, with a decline of 4.6%.
- According to Business Quant data, Invested Capital for the three prior quarters was $399.23 million (Q1 2026), $402.29 million (Q4 2025) and $405.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 163.71 Bn | 146.23 Bn | 1.39 Bn | 61.73 Bn |
| 2 | Prologis | 119.65 Bn | 124.04 Bn | - | - |
| 3 | Simon Property | 68.89 Bn | 70.10 Bn | - | - |
| 4 | Realty Income | 50.65 Bn | 53.03 Bn | - | 46.09 Bn |
| 5 | Public Storage | 49.89 Bn | 48.98 Bn | - | - |
| 6 | Ventas | 42.94 Bn | 42.14 Bn | - | - |
| 7 | Extra Space Storage | 28.13 Bn | 28.13 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.04 Bn | 23.15 Bn | 1.05 Bn | - |
| 9 | Vivmark Residential | 22.56 Bn | 22.75 Bn | - | 13.79 Bn |
| 10 | NewLake Capital Partners | 293.07 Mn | 201.67 Mn | - | 396.48 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 396.48 Mn |
| Mar 31, 2026 | 399.23 Mn |
| Dec 31, 2025 | 402.29 Mn |
| Sep 30, 2025 | 405.20 Mn |
| Jun 30, 2025 | 407.13 Mn |
| Mar 31, 2025 | 408.70 Mn |
| Dec 31, 2024 | 411.57 Mn |
| Sep 30, 2024 | 414.52 Mn |
| Jun 30, 2024 | 416.55 Mn |
| Mar 31, 2024 | 414.66 Mn |
| Dec 31, 2023 | 412.96 Mn |
| Sep 30, 2023 | 416.47 Mn |
| Jun 30, 2023 | 426.18 Mn |
| Mar 31, 2023 | 429.11 Mn |
| Dec 31, 2022 | 432.92 Mn |
| Sep 30, 2022 | 435.14 Mn |
| Jun 30, 2022 | 436.30 Mn |
| Mar 31, 2022 | 439.64 Mn |
| Dec 31, 2021 | 443.09 Mn |
| Dec 31, 2020 | 141.03 Mn |
NewLake Capital Partners Invested Capital 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=invested-capital&ticker=NLCP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=NLCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();