NewLake Capital Partners (NLCP) Net Margin (2020 - 2026)
NewLake Capital Partners (NLCP) reported Net Margin of 34.73% for Q3 2026, down 18.23 percentage points from 52.96% a year earlier and down 14.05 percentage points from the prior quarter.
NewLake Capital Partners (NLCP) Net Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, NewLake Capital Partners' Net Margin came in at 44.88%, down 6.47 percentage points year-over-year; for FY2025, it came in at 51.53%, down 0.56 percentage points from FY2024.
- Net Margin has a five-year change of +143.13 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 52.09% in FY2024 (+0.12 pp), 51.97% in FY2023 (+3.14 pp), 48.84% in FY2022 (+8.81 pp) and 40.02% in FY2021 (+131.62 pp).
- The Q3 2026 figure ranks as the lowest quarterly Net Margin since Q3 2021.
- Year over year, Net Margin has now declined in each of the last three quarters, with an average year-over-year change of -4.29 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was Q3 2022 (a gain of 20.39 percentage points); the low point was Q4 2021 (a drop of 22.54 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 48.78% (Q2 2026), 46.92% (Q1 2026) and 48.90% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | 10.67% |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 34.17% |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 27.50% |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 22.86% |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | 24.91% |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | 3.57% |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 6.13% |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | -61.52% |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 27.84% |
| 10 | NewLake Capital Partners | 285.04 Mn | 199.27 Mn | - | 34.73% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 34.73% |
| Jun 30, 2026 | 48.78% |
| Mar 31, 2026 | 46.92% |
| Dec 31, 2025 | 48.90% |
| Sep 30, 2025 | 52.96% |
| Jun 30, 2025 | 56.60% |
| Mar 31, 2025 | 47.67% |
| Dec 31, 2024 | 48.17% |
| Sep 30, 2024 | 51.16% |
| Jun 30, 2024 | 54.56% |
| Mar 31, 2024 | 54.48% |
| Dec 31, 2023 | 53.47% |
| Sep 30, 2023 | 51.85% |
| Jun 30, 2023 | 50.96% |
| Mar 31, 2023 | 51.40% |
| Dec 31, 2022 | 54.65% |
| Sep 30, 2022 | 53.90% |
| Jun 30, 2022 | 35.75% |
| Mar 31, 2022 | 49.35% |
| Dec 31, 2021 | 48.31% |
NewLake Capital Partners Net Margin 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=net-margin&ticker=NLCP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=NLCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();