NewLake Capital Partners Past Earnings Performance
Past criteria checks 4/6
NewLake Capital Partners has been growing earnings at an average annual rate of 50.2%, while the Industrial REITs industry saw earnings growing at 19.6% annually. Revenues have been growing at an average rate of 32.1% per year. NewLake Capital Partners's return on equity is 6.8%, and it has net margins of 53.4%.
Key information
50.2%
Earnings growth rate
60.5%
EPS growth rate
| Industrial REITs Industry Growth | 24.3% |
| Revenue growth rate | 32.1% |
| Return on equity | 6.8% |
| Net Margin | 53.4% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How NewLake Capital Partners makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 51 | 27 | 8 | 0 |
| 30 Jun 24 | 50 | 27 | 8 | 0 |
| 31 Mar 24 | 48 | 26 | 8 | 0 |
| 31 Dec 23 | 47 | 25 | 8 | 0 |
| 30 Sep 23 | 47 | 24 | 7 | 0 |
| 30 Jun 23 | 47 | 25 | 7 | 0 |
| 31 Mar 23 | 46 | 23 | 9 | 0 |
| 31 Dec 22 | 45 | 22 | 9 | 0 |
| 30 Sep 22 | 42 | 20 | 8 | 0 |
| 30 Jun 22 | 38 | 16 | 9 | 0 |
| 31 Mar 22 | 34 | 15 | 7 | 0 |
| 31 Dec 21 | 28 | 11 | 7 | 0 |
| 30 Sep 21 | 23 | 10 | 8 | 0 |
| 30 Jun 21 | 19 | -7 | 10 | 0 |
| 31 Mar 21 | 14 | -10 | 10 | 0 |
| 31 Dec 20 | 12 | -11 | 9 | 0 |
| 31 Dec 19 | 1 | -1 | 2 | 0 |
Quality Earnings: NLCP has high quality earnings.
Growing Profit Margin: NLCP's current net profit margins (53.4%) are higher than last year (52.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NLCP's earnings have grown significantly by 50.2% per year over the past 5 years.
Accelerating Growth: NLCP's earnings growth over the past year (11.2%) is below its 5-year average (50.2% per year).
Earnings vs Industry: NLCP earnings growth over the past year (11.2%) exceeded the Industrial REITs industry 8.6%.
Return on Equity
High ROE: NLCP's Return on Equity (6.8%) is considered low.