Correlation
The correlation between NLCP and MAIN is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
NLCP vs. MAIN
Compare and contrast key facts about NewLake Capital Partners, Inc. (NLCP) and Main Street Capital Corporation (MAIN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NLCP or MAIN.
Performance
NLCP vs. MAIN - Performance Comparison
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Key characteristics
NLCP:
-0.62
MAIN:
1.26
NLCP:
-0.83
MAIN:
1.78
NLCP:
0.90
MAIN:
1.26
NLCP:
-0.39
MAIN:
1.32
NLCP:
-1.17
MAIN:
4.30
NLCP:
15.33%
MAIN:
6.42%
NLCP:
26.74%
MAIN:
21.63%
NLCP:
-58.59%
MAIN:
-64.53%
NLCP:
-37.81%
MAIN:
-8.11%
Fundamentals
NLCP:
$299.46M
MAIN:
$5.06B
NLCP:
$1.25
MAIN:
$5.92
NLCP:
11.46
MAIN:
9.61
NLCP:
5.90
MAIN:
9.27
NLCP:
0.75
MAIN:
1.78
NLCP:
$50.73M
MAIN:
$735.48M
NLCP:
$49.89M
MAIN:
$607.66M
Returns By Period
In the year-to-date period, NLCP achieves a -15.78% return, which is significantly lower than MAIN's -0.18% return.
NLCP
-15.78%
0.49%
-20.28%
-16.81%
-1.27%
N/A
N/A
MAIN
-0.18%
8.58%
6.45%
25.58%
24.16%
21.65%
14.76%
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Risk-Adjusted Performance
NLCP vs. MAIN — Risk-Adjusted Performance Rank
NLCP
MAIN
NLCP vs. MAIN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NewLake Capital Partners, Inc. (NLCP) and Main Street Capital Corporation (MAIN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
NLCP vs. MAIN - Dividend Comparison
NLCP's dividend yield for the trailing twelve months is around 12.01%, more than MAIN's 7.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NLCP NewLake Capital Partners, Inc. | 12.01% | 9.71% | 9.81% | 8.99% | 1.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MAIN Main Street Capital Corporation | 7.31% | 7.02% | 8.55% | 7.97% | 5.74% | 6.99% | 6.76% | 8.43% | 7.02% | 7.42% | 9.15% | 8.72% |
Drawdowns
NLCP vs. MAIN - Drawdown Comparison
The maximum NLCP drawdown since its inception was -58.59%, smaller than the maximum MAIN drawdown of -64.53%. Use the drawdown chart below to compare losses from any high point for NLCP and MAIN.
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Volatility
NLCP vs. MAIN - Volatility Comparison
NewLake Capital Partners, Inc. (NLCP) and Main Street Capital Corporation (MAIN) have volatilities of 6.08% and 6.33%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
NLCP vs. MAIN - Financials Comparison
This section allows you to compare key financial metrics between NewLake Capital Partners, Inc. and Main Street Capital Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
NLCP vs. MAIN - Profitability Comparison
NLCP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, NewLake Capital Partners, Inc. reported a gross profit of 12.58M and revenue of 13.21M. Therefore, the gross margin over that period was 95.3%.
MAIN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Main Street Capital Corporation reported a gross profit of 139.52M and revenue of 170.69M. Therefore, the gross margin over that period was 81.7%.
NLCP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, NewLake Capital Partners, Inc. reported an operating income of 6.49M and revenue of 13.21M, resulting in an operating margin of 49.2%.
MAIN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Main Street Capital Corporation reported an operating income of 123.46M and revenue of 170.69M, resulting in an operating margin of 72.3%.
NLCP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, NewLake Capital Partners, Inc. reported a net income of 6.30M and revenue of 13.21M, resulting in a net margin of 47.7%.
MAIN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Main Street Capital Corporation reported a net income of 116.08M and revenue of 170.69M, resulting in a net margin of 68.0%.