Employees: 75
Size Gladstone Commercial (GOOD) is a United States Real Estate company (Real Estate Investment Trusts) with a market value of $497M, the 2704th largest of 3,117 United States companies the cockpit tracks. Shares closed at $10.15 on 6 Nov 2026.
Performance Over six months the shares fell 20.9%, against -12.9% for the median peer and -1.1% for the United States market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue grew 10.7% over the last twelve months (peer median +6.5%); the operating margin is 39.3% (peer median 46.5%).
Valuation It trades at 3.36× book value against a peer median of 0.70× (most expensive of 21).
Price implies The share price implies a return on equity of about 27.5%; Gladstone Commercial delivers 5.4%, so the price asks more than the business earns today.
Credit Gladstone Commercial has 1 bond outstanding ($0).
Short interest Short interest is 9.1% of the free float (15 Oct 2026).
Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $172M | $161M | $149M | $148M | $149M |
| Revenue growth | — | +8% | +1% | -1% | — |
| Gross profit | $75.4M | $67.8M | $62.1M | $57.5M | $55.7M |
| EBITDA | $128M | $118M | $109M | $109M | $105M |
| Net income | $18.2M | $18.9M | $23.6M | $4.55M | $10.3M |
| Free cash flow | $62.5M | $67.2M | $44.2M | $53.7M | $62.4M |
| Capital expenditure | $9.66M | $21.0M | $12.8M | $6.67M | $6.82M |
| Total debt | $865M | $850M | $697M | $744M | $755M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | GOOD | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -20.1% | -0.2% | 4th lowest of 21 |
| 6-month return | -20.9% | -12.9% | 8th lowest of 21 |
| Return on equity | 5.4% | 3.6% | 8th highest of 21 |
| Price / book | 3.36× | 0.70× | most expensive of 21 |
| Trailing P/E | 82.1× | 16.4× | 2nd most expensive of 14 |
| ROE the price implies | 27.5% | 5.2% | most demanding of 21 |
| ROE delivered | 5.4% | 3.1% | 7th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Gladstone Commercial GOOD | United States | $497M | -21% | +11% | 5% | 3.36× | 27.5% | 5.4% |
| Shinhan Alpha REIT 293940.KS | South Korea | $497M | -8% | +45% | 3% | 1.09× | 5.7% | 3.1% |
| Automotive Properties Real Estate Investment Trust APR-UN.TO | Canada | $499M | +11% | +18% | 9% | 0.96× | 5.1% | 9.1% |
| China Southern SF Express Closed Infrastructure REIT 180305.SZ | China | $490M | -12% | n/a | 1% | 1.01× | 5.1% | 1.2% |
| TPG RE Finance Trust TRTX | United States | $512M | -21% | +6% | 4% | 0.50× | 7.7% | 4.1% |
| Testa Residencial Socimi YTST.MC | Spain | $482M | +13% | -2% | 10% | 0.42× | 4.1% | 9.5% |
| ESR Kendall Square REIT 365550.KS | South Korea | $513M | -37% | +11% | 1% | 0.63× | 4.6% | 0.6% |
| Sunlight Real Estate Investment Trust 0435.HK | Hong Kong | $481M | -10% | -5% | -2% | 0.31× | 4.3% | -1.8% |
| Adamas Trust ADAM | United States | $514M | -36% | +35% | 0% | 0.70× | 9.0% | -0.1% |
| Hudson Pacific Properties HPP | United States | $471M | -22% | +3% | -18% | 0.19× | 5.3% | -17.8% |
| Dexus Industria REIT DXI.AX | Australia | $525M | +3% | -12% | 7% | 0.71× | 9.3% | 6.9% |
| NewRiver REIT NRR.L | United Kingdom | $470M | +6% | +45% | 7% | 0.75× | 8.8% | 6.7% |
| Franklin BSP Realty Trust FBRT | United States | $469M | -32% | -1% | 1% | 0.43× | 6.3% | 1.1% |
| Rural Funds RFF.AX | Australia | $532M | -1% | +7% | 11% | 0.68× | 8.4% | 10.6% |
| Hankyu Hanshin REIT 8977.T | Japan | $533M | -19% | -38% | 5% | 0.97× | 4.3% | 5.3% |
| MIRARTH Real Estate Investment 3492.T | Japan | $461M | -18% | +35% | 5% | 0.73× | 3.7% | 5.5% |
| One Liberty Properties OLP | United States | $461M | -10% | +11% | 8% | 1.47× | 12.5% | n/a |
| CRE Logistics REIT 3487.T | Japan | $460M | -23% | +23% | 5% | 0.89× | 4.2% | 5.4% |
| Abacus ABG.AX | Australia | $539M | -13% | -5% | -5% | 0.55× | 7.0% | -5.0% |
| Allied Properties Real Estate Investment Trust AP-UN.TO | Canada | $539M | -61% | -5% | -43% | 0.21× | 4.3% | -43.5% |
| China Merchants CMET Closed Infrastructure Real Estate Investment Trust Registered Unit 180203.SZ | China | $541M | 0% | +451% | 2% | 1.21× | 3.8% | 2.4% |
Gladstone Commercial has 1 bond outstanding with $0 face value.