NewLake Capital Partners (NLCP) Operating Margin (2020 - 2026)
NewLake Capital Partners' Operating Margin was 36.08% in Q3 2026, down 18.87 percentage points from 54.95% a year earlier and down 14.68 percentage points from the prior quarter.
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Analysis
NewLake Capital Partners (NLCP) Operating Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, NewLake Capital Partners' Operating Margin was 46.69% through Sep 30, 2026, down 6.38 percentage points year-over-year; for FY2025, it came in at 53.36%, down 0.09 percentage points from FY2024.
- Operating Margin shows a five-year change of +144.12 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 53.45% in FY2024 (+1.33 pp), 52.12% in FY2023 (+2.08 pp), 50.04% in FY2022 (+9.07 pp) and 40.97% in FY2021 (+131.73 pp).
- The Q3 2026 figure marks the lowest quarterly Operating Margin since Q2 2022.
- Compared with a year earlier, Operating Margin has declined for three straight quarters, with an average year-over-year change of -3.95 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was Q3 2022 (a gain of 21.29 percentage points); the worst was Q4 2021 (a drop of 25.15 percentage points).
- Per Business Quant data, NLCP's Operating Margin in the three quarters before Q3 2026 was 50.76% (Q2 2026), 48.86% (Q1 2026) and 50.87% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | 14.28% |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 43.76% |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 44.33% |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 23.20% |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | - |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | 39.50% |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 14.38% |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | - |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 44.04% |
| 10 | NewLake Capital Partners | 285.04 Mn | 199.27 Mn | - | 36.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 36.08% |
| Jun 30, 2026 | 50.76% |
| Mar 31, 2026 | 48.86% |
| Dec 31, 2025 | 50.87% |
| Sep 30, 2025 | 54.95% |
| Jun 30, 2025 | 58.49% |
| Mar 31, 2025 | 49.16% |
| Dec 31, 2024 | 49.69% |
| Sep 30, 2024 | 52.85% |
| Jun 30, 2024 | 55.92% |
| Mar 31, 2024 | 55.34% |
| Dec 31, 2023 | 54.09% |
| Sep 30, 2023 | 52.07% |
| Jun 30, 2023 | 50.87% |
| Mar 31, 2023 | 51.17% |
| Dec 31, 2022 | 56.40% |
| Sep 30, 2022 | 55.56% |
| Jun 30, 2022 | 36.03% |
| Mar 31, 2022 | 50.30% |
| Dec 31, 2021 | 49.05% |
API Access
NewLake Capital Partners Operating 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=operating-margin&ticker=NLCP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=NLCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();