NLCP (NewLake Capital Partners) Gross Profit: $48.06 Mil (TTM As of Jun. 2026)

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NLCP NewLake Capital Partners Inc NLCP
76 GF Score
Price $15.91
GF Value $15.06
Valuation Fairly Valued
! 8 Warning Signs
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What is NewLake Capital Partners Gross Profit?

NewLake Capital Partners NLCP +0.21% 76 Gross Profit is $48.06 Mil as of Jun. 2026. GuruFocus rates NLCP with a GF Score™ of 76/100 and a GF Value™ of $15.06 (Fairly Valued). The stock has 8 warning signs investors should review.

NewLake Capital Partners's gross profit for the three months ended in Jun. 2026 was $11.90 Mil. NewLake Capital Partners's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was $48.06 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. NewLake Capital Partners's gross profit for the three months ended in Jun. 2026 was $11.90 Mil. NewLake Capital Partners's Revenue for the three months ended in Jun. 2026 was $12.09 Mil. Therefore, NewLake Capital Partners's Gross Margin % for the quarter that ended in Jun. 2026 was 98.47%.

NewLake Capital Partners had a gross margin of 98.47% for the quarter that ended in Jun. 2026 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of NewLake Capital Partners was 100.00%. The lowest was 97.43%. And the median was 99.51%.


NewLake Capital Partners  (OTCPK:NLCP) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

NewLake Capital Partners had a gross margin of 98.47% for the quarter that ended in Jun. 2026 => Durable competitive advantage


NewLake Capital Partners Gross Profit Related Terms


NewLake Capital Partners Gross Profit Historical Data

* Premium members only.

The historical data trend for NewLake Capital Partners's Gross Profit 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.

NewLake Capital Partners Gross Profit Chart

NewLake Capital Partners Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial 28.06 44.78 46.65 49.89 49.88

NewLake Capital Partners Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Profit 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.89 12.40 12.02 11.74 11.90

NLCP vs LAND, FPI, SELF: Gross Profit Comparison

For the REIT - Specialty subindustry, NewLake Capital Partners's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit vs REITs Industry

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

* The bar in red indicates where NewLake Capital Partners's Gross Profit falls into.


NLCP
76GF Score
NewLake Capital Partners Inc NLCP
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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NewLake Capital Partners Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

NewLake Capital Partners's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=51.071 - 1.19
=49.88

NewLake Capital Partners's Gross Profit for the quarter that ended in Jun. 2026 is calculated as

Gross Profit (Q: Jun. 2026 )=Revenue - Cost of Goods Sold
=12.087 - 0.185
=11.90

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $48.06 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

NewLake Capital Partners's Gross Margin % for the quarter that ended in Jun. 2026 is calculated as

Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=11.90 / 12.087
=98.47 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $48.06 Mil mean?
NewLake Capital Partners (NLCP) has a Gross Profit of $48.06 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on NewLake Capital Partners and its competitors.
Is NewLake Capital Partners' Gross Profit too high?
NewLake Capital Partners' current Gross Profit is $48.06 Mil. Overall, NewLake Capital Partners has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NewLake Capital Partners' Gross Profit compare to LAND and FPI?
NewLake Capital Partners' Gross Profit of $48.06 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a REITs company?
A good Gross Profit depends on the REITs industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on NewLake Capital Partners and its competitors. NewLake Capital Partners's current Gross Profit is $48.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NewLake Capital Partners stock overvalued right now?
Based on GuruFocus' analysis, NewLake Capital Partners (NLCP) is currently considered Fairly Valued. The stock's GF Value™ is $15.06, compared to a current price of $15.91 — trading 5.6% above its estimated fair value. The current Gross Profit is $48.06 Mil. NewLake Capital Partners' overall GF Score™ is 76/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For NewLake Capital Partners (NLCP), the current Gross Profit is $48.06 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NewLake Capital Partners (NLCP) Overvalued in 2026?

Based on GuruFocus' analysis, NewLake Capital Partners stock appears to be overvalued. The current stock price of $15.91 is trading 5.6% above its estimated GF Value™ of $15.06. GuruFocus considers NewLake Capital Partners to be Fairly Valued.

Key valuation signals for NLCP:

  • Gross Profit: $48.06 Mil
  • GF Value™: $15.06 vs. price of $15.91 (5.6% above fair value)
  • GF Score™: 76/100 with 8 warning signs

No single metric tells the full story. See the NLCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NewLake Capital Partners Business Description

Industry Real EstateREITs
Address 50 Locust Avenue, First Floor, New Canaan, CT, USA, 06840
NewLake Capital Partners Inc is an internally managed real estate investment trust (REIT) focused on providing real estate capital to state-licensed cannabis operators through sale-leaseback transactions, third-party purchases and funding for build-to-suit projects. properties are leased to single tenants on a long-term, triple-net basis, which obligates the tenant to be responsible for the ongoing expenses of a property, in addition to its rent obligations. Its tenants operate in the fast-growing cannabis industry.
76GF Score

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Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.91
Price
$15.06
GF Value