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NewLake Capital Partners (NewLake Capital Partners) Pretax Margin % : 55.47% (As of Mar. 2024)


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What is NewLake Capital Partners Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. NewLake Capital Partners's Pre-Tax Income for the three months ended in Mar. 2024 was $6.99 Mil. NewLake Capital Partners's Revenue for the three months ended in Mar. 2024 was $12.61 Mil. Therefore, NewLake Capital Partners's pretax margin for the quarter that ended in Mar. 2024 was 55.47%.

The historical rank and industry rank for NewLake Capital Partners's Pretax Margin % or its related term are showing as below:

NLCP' s Pretax Margin % Range Over the Past 10 Years
Min: -89.45   Med: 45.49   Max: 53.71
Current: 53.71


NLCP's Pretax Margin % is ranked better than
67.13% of 788 companies
in the REITs industry
Industry Median: 33.16 vs NLCP: 53.71

NewLake Capital Partners Pretax Margin % Historical Data

The historical data trend for NewLake Capital Partners's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NewLake Capital Partners Pretax Margin % Chart

NewLake Capital Partners Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-89.45 41.30 49.68 52.90

NewLake Capital Partners Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.30 51.85 52.79 54.44 55.47

Competitive Comparison of NewLake Capital Partners's Pretax Margin %

For the REIT - Specialty subindustry, NewLake Capital Partners's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NewLake Capital Partners's Pretax Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, NewLake Capital Partners's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where NewLake Capital Partners's Pretax Margin % falls into.



NewLake Capital Partners Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

NewLake Capital Partners's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=25.023/47.304
=52.90 %

NewLake Capital Partners's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=6.994/12.608
=55.47 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NewLake Capital Partners  (OTCPK:NLCP) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


NewLake Capital Partners Pretax Margin % Related Terms

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NewLake Capital Partners (NewLake Capital Partners) Business Description

Traded in Other Exchanges
N/A
Address
50 Locust Avenue, First Floor, New Canaan, CT, USA, 06840
NewLake Capital Partners Inc is an internally-managed real estate investment trust that provides real estate capital to state-licensed cannabis operators through sale-leaseback transactions, third-party purchases, and funding for build-to-suit projects.
Executives
David L. Weinstein director, officer: Chief Executive Officer 62 BEACH STREET, APT. 5F, NEW YORK NY 10013
Peter A. Kadens director C/O KUSHCO HOLDINGS, INC., 6261 KATELLA AVE STE 250, CYPRESS CA 90630
Peter Wiser Martay director C/O NEWLAKE CAPITAL PARTNERS, INC., 300 575 LEXINGTON AVENUE, 14TH FLOOR, NEW YORK NY 10022
Lisa Meyer officer: CFO, Treasurer and Secretary C/O NORTHSTAR REALTY FINANCE CORP., 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Anthony Coniglio director, officer: See Remarks 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Gordon F Dugan director 50 ROCKEFELLER PLZ, 2ND FLOOR, NEW YORK NY 10020
Fredric S. Starker officer: See Remarks 52 VANDERBILT AVENUE, SUITE 403, NEW YORK NY 10017
Alan Jeffrey Carr director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Joyce Johnson director 8251 S LUELLA AVENUE, CHICAGO IL 60617