NewLake Capital Partners (NLCP) Rental Revenue (2020 - 2026)
NewLake Capital Partners' Rental Revenue was $11.83 million in Q3 2026, down 4.1% from $12.34 million a year earlier but up 0.4% from the prior quarter.
NewLake Capital Partners (NLCP) Rental Revenue (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, NewLake Capital Partners' Rental Revenue was $47.43 million through Sep 30, 2026, down 4.7% year-over-year; for FY2025, it was $49.54 million, up 1.2% from FY2024.
- Rental Revenue has now increased for four consecutive years, with a four-year compound annual growth rate of 15.9% (FY2021 to FY2025).
- In earlier years, Rental Revenue was $48.93 million in FY2024 (+5.6%), $46.34 million in FY2023 (+9.8%), $42.22 million in FY2022 (+53.8%) and $27.45 million in FY2021.
- Quarterly Rental Revenue has moved between $8.36 million (Q4 2021) and $12.7 million (Q4 2023) over five years.
- Compared with a year earlier, Rental Revenue has declined for four straight quarters, with an average decline of 1.9% over the last eight quarters.
- The best year-over-year quarter for Rental Revenue over five years was Q3 2022 (growth of 44.1%); the worst was Q1 2026 (a decline of 6.5%).
- Per Business Quant data, NLCP's Rental Revenue in the three quarters before Q3 2026 was $11.79 million (Q2 2026), $11.76 million (Q1 2026) and $12.05 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | 488.64 Mn |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 2.21 Bn |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 1.68 Bn |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | - |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | 1.48 Bn |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | 362.72 Mn |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 219.41 Mn |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | 1.19 Bn |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 760.84 Mn |
| 10 | NewLake Capital Partners | 285.04 Mn | 199.27 Mn | - | 11.83 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.83 Mn |
| Jun 30, 2026 | 11.79 Mn |
| Mar 31, 2026 | 11.76 Mn |
| Dec 31, 2025 | 12.05 Mn |
| Sep 30, 2025 | 12.34 Mn |
| Jun 30, 2025 | 12.56 Mn |
| Mar 31, 2025 | 12.59 Mn |
| Dec 31, 2024 | 12.27 Mn |
| Sep 30, 2024 | 12.28 Mn |
| Jun 30, 2024 | 12.25 Mn |
| Mar 31, 2024 | 12.13 Mn |
| Dec 31, 2023 | 12.70 Mn |
| Sep 30, 2023 | 11.30 Mn |
| Jun 30, 2023 | 11.18 Mn |
| Mar 31, 2023 | 11.16 Mn |
| Dec 31, 2022 | 12.00 Mn |
| Sep 30, 2022 | 11.60 Mn |
| Jun 30, 2022 | 9.52 Mn |
| Mar 31, 2022 | 9.10 Mn |
| Dec 31, 2021 | 8.36 Mn |
NewLake Capital Partners Rental Revenue 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=rental-revenue&ticker=NLCP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "rental-revenue", "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=rental-revenue&ticker=NLCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();