NewLake Capital Partners (NLCP) Times Interest Earned (2021 - 2026)
NewLake Capital Partners' (NLCP) Times Interest Earned stood at 28.40 in Q2 2026, down 21.1% from 36.02 a year earlier but up 1.1% from the prior quarter.
NewLake Capital Partners (NLCP) Times Interest Earned (2021 - 2026) Analysis & Trends
On a TTM basis, NewLake Capital Partners' Times Interest Earned came in at 28.64 as of Jun 30, 2026, down 21.4% year-over-year; for FY2025, it came in at 32.48, down 31.5% from FY2024.
- Annual Times Interest Earned has declined for four straight years.
- Across earlier years, Times Interest Earned came in at 47.42 in FY2024 (-27.1%), 65.05 in FY2023 (-21.1%), 82.48 in FY2022 (-95.7%) and 1915.83 in FY2021.
- Quarterly Times Interest Earned has ranged from 28.10 in Q1 2026 to 733.67 in Q4 2021 over the past five years.
- On a year-over-year basis, Times Interest Earned has declined for nine consecutive quarters, with an average decline of 33.6% over the last eight quarters.
- Peak year-over-year performance for Times Interest Earned in the last five years was growth of 32.4% in Q1 2024, against a decline of 91.1% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 28.10 (Q1 2026), 28.16 (Q4 2025) and 29.81 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | - |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | 4.53 |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 3.27 |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 2.27 |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 5.50 |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 1.34 |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 3.50 |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | 2.46 |
| 10 | NewLake Capital Partners | 301.51 Mn | 210.11 Mn | - | 28.40 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.40 |
| Mar 31, 2026 | 28.10 |
| Dec 31, 2025 | 28.16 |
| Sep 30, 2025 | 29.81 |
| Jun 30, 2025 | 36.02 |
| Mar 31, 2025 | 37.10 |
| Dec 31, 2024 | 35.13 |
| Sep 30, 2024 | 37.49 |
| Jun 30, 2024 | 54.41 |
| Mar 31, 2024 | 84.06 |
| Dec 31, 2023 | 74.14 |
| Sep 30, 2023 | 62.98 |
| Jun 30, 2023 | 59.66 |
| Mar 31, 2023 | 63.50 |
| Dec 31, 2022 | 65.14 |
| Sep 30, 2022 | 71.38 |
| Jun 30, 2022 | 82.35 |
| Mar 31, 2022 | 189.37 |
| Dec 31, 2021 | 733.67 |
NewLake Capital Partners Times Interest Earned 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=times-interest-earned&ticker=NLCP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=NLCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();