NewLake Capital Partners (NLCP) Operating Margin (2020 - 2026)

NewLake Capital Partners' (NLCP) quarterly Operating Margin came in at 51.13% in Q1 2026, up 197.0% year-on-year from 17.21% in Q1 2025, and down 11.99% quarter-over-quarter from 58.09% in Q4 2025.

NewLake Capital Partners (NLCP) Operating Margin (2020 - 2026) Analysis & Trends

NewLake Capital Partners' Operating Margin history runs 7 years deep, the most recent figure standing at 51.13% for Q1 2026.

  • On a quarterly basis, Operating Margin rose 197.0% year-over-year to 51.13% in Q1 2026; TTM through Mar 2026 was 56.4%, a 428.0% increase from a year earlier, with the FY2025 full-year figure at 55.01%, up 25.0% from the prior year.
  • Operating Margin fell to 51.13% in Q1 2026 per NLCP's latest filing, from 58.09% in the prior quarter.
  • Across five years, Operating Margin topped out at 60.2% in Q2 2025 and bottomed at 39.77% in Q2 2022.
  • The 5-year median for Operating Margin is 52.85% (2024), against an average of 52.85%.
  • Across the five-year window, Operating Margin soared 2145 bps in 2022 and plunged 618 bps in 2025, its largest moves.
  • Year by year, Operating Margin stood at 46.71% in 2022, then grew by 19 bps to 55.44% in 2023, then retreated by 9 bps to 50.68% in 2024, then rose by 15 bps to 58.09% in 2025, then retreated by 12 bps to 51.13% in 2026.
  • Per Business Quant, the three latest NLCP Operating Margin figures stand at 51.13% (Q1 2026), 58.09% (Q4 2025), and 56.07% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Equinix 102.81 Bn 99.76 Bn 1.26 Bn 23.61%
2 American Tower 78.00 Bn 77.87 Bn 2.70 Bn 45.27%
3 Digital Realty Trust 66.37 Bn 63.94 Bn - 16.38%
4 Iron Mountain 37.07 Bn 36.82 Bn 1.05 Bn 20.41%
5 Crown Castle 32.54 Bn 32.48 Bn 23.00 Mn 948.98%
6 Sba Communications 18.34 Bn 18.34 Bn 532.10 Mn 48.74%
7 Weyerhaeuser 17.32 Bn 17.02 Bn 318.00 Mn 14.30%
8 Lamar Advertising 16.43 Bn 16.39 Bn 344.69 Mn 27.66%
9 Gaming & Leisure Properties 12.84 Bn 12.84 Bn - 79.37%
10 NewLake Capital Partners 326.21 Mn 301.44 Mn 11.53 Mn 51.13%

Historic Data

Download Data
DateValue
Mar 31, 2026 51.13%
Dec 31, 2025 58.09%
Sep 30, 2025 56.07%
Jun 30, 2025 60.20%
Mar 31, 2025 49.16%
Dec 31, 2024 50.68%
Sep 30, 2024 52.85%
Jun 30, 2024 55.92%
Mar 31, 2024 55.34%
Dec 31, 2023 55.44%
Sep 30, 2023 52.07%
Jun 30, 2023 50.87%
Mar 31, 2023 52.36%
Dec 31, 2022 46.71%
Sep 30, 2022 55.56%
Jun 30, 2022 39.77%
Mar 31, 2022 56.21%
Dec 31, 2021 52.64%
Sep 30, 2021 34.27%
Jun 30, 2021 42.32%