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NewLake Capital Partners (NewLake Capital Partners) Operating Margin % : 54.09% (As of Dec. 2023)


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What is NewLake Capital Partners Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. NewLake Capital Partners's Operating Income for the three months ended in Dec. 2023 was $7.04 Mil. NewLake Capital Partners's Revenue for the three months ended in Dec. 2023 was $13.02 Mil. Therefore, NewLake Capital Partners's Operating Margin % for the quarter that ended in Dec. 2023 was 54.09%.

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

NLCP' s Operating Margin % Range Over the Past 10 Years
Min: 2.43   Med: 45.57   Max: 52.12
Current: 52.12


NLCP's Operating Margin % is ranked better than
50.58% of 690 companies
in the REITs industry
Industry Median: 51.67 vs NLCP: 52.12

NewLake Capital Partners's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

NewLake Capital Partners's Operating Income for the three months ended in Dec. 2023 was $7.04 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $24.66 Mil.


NewLake Capital Partners Operating Margin % Historical Data

The historical data trend for NewLake Capital Partners's Operating 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 Operating Margin % Chart

NewLake Capital Partners Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Operating Margin %
2.43 40.97 50.17 52.12

NewLake Capital Partners Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating 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 56.40 51.17 50.87 52.07 54.09

Competitive Comparison of NewLake Capital Partners's Operating Margin %

For the REIT - Specialty subindustry, NewLake Capital Partners's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % Distribution in the REITs Industry

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

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



NewLake Capital Partners Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=24.655 / 47.304
=52.12 %

NewLake Capital Partners's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=7.043 / 13.021
=54.09 %

* 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) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


NewLake Capital Partners Operating 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