NewLake Capital Partners (NLCP) Total Operating Expenses (2020 - 2026)
NewLake Capital Partners' Operating Expenses came in at $7.7 million for Q3 2026, up 35.4% from $5.68 million a year earlier and up 29.1% from the prior quarter.
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Analysis
NewLake Capital Partners (NLCP) Total Operating Expenses (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, NewLake Capital Partners reported Operating Expenses of $26.04 million, up 10.6% year-over-year; for FY2025, it came in at $23.83 million, up 4.2% from FY2024.
- Operating Expenses has increased in each of the last four years, with a five-year compound annual growth rate of 0.1% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $22.87 million in FY2024 (+1.7%), $22.48 million in FY2023 (+0.3%), $22.42 million in FY2022 (+35.4%) and $16.56 million in FY2021 (-30.2%).
- The Q3 2026 figure represents the highest quarterly Operating Expenses since Q3 2020.
- Year-over-year, Operating Expenses increased in four of the last eight quarters, with growth averaging 7.2%.
- The fastest year-over-year change in Operating Expenses over five years came in Q4 2021 (growth of 80.0%), and the weakest in Q2 2023 (a decline of 16.9%).
- Business Quant data shows NLCP's Operating Expenses at $5.96 million (Q2 2026), $6.31 million (Q1 2026) and $6.08 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn |
| 10 | NewLake Capital Partners | 285.04 Mn | 199.27 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.70 Mn |
| Jun 30, 2026 | 5.96 Mn |
| Mar 31, 2026 | 6.31 Mn |
| Dec 31, 2025 | 6.08 Mn |
| Sep 30, 2025 | 5.68 Mn |
| Jun 30, 2025 | 5.34 Mn |
| Mar 31, 2025 | 6.73 Mn |
| Dec 31, 2024 | 5.79 Mn |
| Sep 30, 2024 | 5.93 Mn |
| Jun 30, 2024 | 5.50 Mn |
| Mar 31, 2024 | 5.65 Mn |
| Dec 31, 2023 | 5.81 Mn |
| Sep 30, 2023 | 5.51 Mn |
| Jun 30, 2023 | 5.59 Mn |
| Mar 31, 2023 | 5.57 Mn |
| Dec 31, 2022 | 5.34 Mn |
| Sep 30, 2022 | 5.37 Mn |
| Jun 30, 2022 | 6.73 Mn |
| Mar 31, 2022 | 4.99 Mn |
| Dec 31, 2021 | 4.57 Mn |
API Access
NewLake Capital Partners Total Operating Expenses 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=total-operating-expenses&ticker=NLCP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-operating-expenses", "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=total-operating-expenses&ticker=NLCP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();