- Public Comps
- NewLake Capital Partners
NewLake Capital Partners Valuation Multiples
Discover NewLake Capital Partners' revenue and EBITDA valuation multiples and M&A history.
NewLake Capital Partners Overview
About NewLake Capital Partners
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. The company own a geographically diversified portfolio consisting of thirty one properties across twelve states with thirteen tenants, comprised of seventeen dispensaries and fourteen cultivation facilities.
Founded
2019
HQ

Employees
8
Website
Financials (LTM)
EV
$307M
Valuation Multiples
Start free trialNewLake Capital Partners Financials
NewLake Capital Partners reported last 12-month revenue of $48M and EBITDA of $42M.
In the same LTM period, NewLake Capital Partners generated $42M in EBITDA and $25M in net income.
NewLake Capital Partners P&L
In the most recent fiscal year, NewLake Capital Partners reported revenue of $51M and EBITDA of $43M.
NewLake Capital Partners is profitable as of last fiscal year, with gross margin of 98%, EBITDA margin of 84%, and net margin of 52%.
Financial data powered by Morningstar, Inc.
NewLake Capital Partners Stock Performance
NewLake Capital Partners has current market cap of $325M, and enterprise value of $307M.
NewLake Capital Partners' stock price is $15.80.
NewLake Capital Partners has an EPS (earnings per share) of $1.28.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $307M | $325M | 0.3% | - | - | - | $1.28 |
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Start Free TrialNewLake Capital Partners Valuation Multiples
NewLake Capital Partners trades at 6.3x EV/Revenue multiple, and 7.3x EV/EBITDA.
NewLake Capital Partners Financial Valuation Multiples
As of August 14, 2026, NewLake Capital Partners has market cap of $325M and EV of $307M.
NewLake Capital Partners has a P/E ratio of 13.1x.
Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified NewLake Capital Partners Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


NewLake Capital Partners Margins & Growth Rates
NewLake Capital Partners decreased revenue by 6% and EBITDA by 4% in the last fiscal year.
In the most recent fiscal year, NewLake Capital Partners reported gross margin of 98%, EBITDA margin of 84%, and net margin of 52%.
NewLake Capital Partners Margins
NewLake Capital Partners Growth Rates
Data powered by FactSet, Inc. and Morningstar, Inc.
NewLake Capital Partners Operational KPIs
NewLake Capital Partners' revenue per employee in the last FY averaged $6.4M, while opex per employee averaged $2.8M for the same period.
NewLake Capital Partners' Rule of 40 is 80% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
NewLake Capital Partners' Rule of X is 71% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Data powered by FactSet, Inc. and Morningstar, Inc.
NewLake Capital Partners Competitors
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
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NewLake Capital Partners VC Funding History
Before going public, NewLake Capital Partners raised $86M in total equity funding, across 2 rounds.
NewLake Capital Partners Funding Rounds
Acquisitions by NewLake Capital Partners
NewLake Capital Partners has acquired 1 company to date.
Last acquisition by NewLake Capital Partners was on March 18th 2021. NewLake Capital Partners acquired GreenAcreage Real Estate Corp for undisclosed valuation.
Latest Acquisitions by NewLake Capital Partners
| Description | GreenAcreage Real Estate Corp is a provider of sale-leaseback and construction financing for cannabis operators in the United States. Formed to support Acreage Holdings' portfolio, the company funds cultivation facilities, dispensaries, and processing plants through long-term leases. It enables operators to unlock capital from real estate assets for expansion in regulated markets like New York and Illinois. |
| HQ Country | |
| HQ City | New York City, NY |
| Deal Date | 18 Mar 2021 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all NewLake Capital Partners acquisitions and their M&A valuation multiples. Start Free Trial | |
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Start Free TrialAbout NewLake Capital Partners
| When was NewLake Capital Partners founded? | NewLake Capital Partners was founded in 2019. |
| Where is NewLake Capital Partners headquartered? | NewLake Capital Partners is headquartered in United States. |
| How many employees does NewLake Capital Partners have? | As of today, NewLake Capital Partners has over 8 employees. |
| Is NewLake Capital Partners publicly listed? | Yes, NewLake Capital Partners is a public company listed on OTCM. |
| What is the stock symbol of NewLake Capital Partners? | NewLake Capital Partners trades under NLCP ticker. |
| When did NewLake Capital Partners go public? | NewLake Capital Partners went public in 2021. |
| Who are competitors of NewLake Capital Partners? | NewLake Capital Partners main competitors include |
| What is the current market cap of NewLake Capital Partners? | NewLake Capital Partners' current market cap is $325M. |
| What is the current revenue of NewLake Capital Partners? | NewLake Capital Partners' last 12 months revenue is $48M. |
| What is the current revenue growth of NewLake Capital Partners? | NewLake Capital Partners revenue growth (NTM/LTM) is 0%. |
| What is the current EV/Revenue multiple of NewLake Capital Partners? | Current revenue multiple of NewLake Capital Partners is 6.3x. |
| What is the current EBITDA of NewLake Capital Partners? | NewLake Capital Partners' last 12 months EBITDA is $42M. |
| What is NewLake Capital Partners' EBITDA margin? | NewLake Capital Partners' last 12 months EBITDA margin is 87%. |
| What is the current EV/EBITDA multiple of NewLake Capital Partners? | Current EBITDA multiple of NewLake Capital Partners is 7.3x. |
| How many companies NewLake Capital Partners has acquired to date? | As of August 2026, NewLake Capital Partners has acquired 1 company. |
| What was the largest acquisition by NewLake Capital Partners? | None of the M&A deals NewLake Capital Partners has completed have disclosed valuations. |
| What companies NewLake Capital Partners acquired? | NewLake Capital Partners acquired GreenAcreage Real Estate Corp. |
| In how many companies NewLake Capital Partners has invested to date? | NewLake Capital Partners hasn't invested in any companies yet (or none have been disclosed publicly). |
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