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| Date | Value |
|---|---|
| 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% |