Compare
NewLake Capital Partners, Inc. vs Farmland Partners Inc. vs Transcontinental Realty Investors Inc vs Ares Commercial Real Estate Corp
| Latest fiscal year | NewLake Capital Partners, Inc. NLCP | Farmland Partners Inc. FPI | Transcontinental Realty Investors Inc TCI | Ares Commercial Real Estate Corp ACRE |
|---|---|---|---|---|
| Year ended | 2025-12-31 | 2025-12-31 | 2025-12-31 | 2025-12-31 |
| Revenue | $51.07M | $52.18M | $49.06M | $54.83M |
| Revenue growth (YoY) | +1.9% | -10.4% | +4.2% | -21.3% |
| Gross margin | n/a | n/a | n/a | n/a |
| Operating margin | 53.4% | n/a | -12.9% | n/a |
| Net margin | 52.4% | 60.5% | 28.1% | -1.6% |
| Net income | $26.77M | $31.55M | $13.80M | -$902.0K |
| EPS (Diluted) | $1.28 | $0.61 | $1.60 | n/a |
| Operating cash flow | $42.46M | $17.43M | -$2.89M | $21.35M |
| Free cash flow | n/a | n/a | n/a | n/a |
| Cash & equivalents | $23.94M | n/a | $14.07M | $29.29M |
| Total assets | $420.83M | $719.07M | $1.13B | $1.62B |
| Total liabilities | $26.14M | $181.09M | $266.36M | $1.11B |
| Shareholders' equity | $387.94M | $467.39M | $866.16M | $509.57M |
| Return on year-end equity | 6.9% | 6.7% | 1.6% | -0.2% |
| Shares outstanding | 20.55M | 43.09M | 8.64M | 55.03M |
Revenue, most recent five fiscal years
| Fiscal year | NewLake Capital Partners, Inc. | Farmland Partners Inc. | Transcontinental Realty Investors Inc | Ares Commercial Real Estate Corp |
|---|---|---|---|---|
| Latest | $51.07M Ended 2025-12-31 | $52.18M Ended 2025-12-31 | $49.06M Ended 2025-12-31 | $54.83M Ended 2025-12-31 |
| 1 year earlier | $50.13M Ended 2024-12-31 | $58.23M Ended 2024-12-31 | $47.07M Ended 2024-12-31 | $69.65M Ended 2024-12-31 |
| 2 years earlier | $47.30M Ended 2023-12-31 | $57.47M Ended 2023-12-31 | $49.91M Ended 2023-12-31 | $92.93M Ended 2023-12-31 |
| 3 years earlier | $45.00M Ended 2022-12-31 | $61.21M Ended 2022-12-31 | $36.66M Ended 2022-12-31 | $106.85M Ended 2022-12-31 |
| 4 years earlier | $28.06M Ended 2021-12-31 | $51.74M Ended 2021-12-31 | $40.77M Ended 2021-12-31 | $102.07M Ended 2021-12-31 |