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Gladstone Capital share price today

Gladstone Capital Corporation · GLAD · Financials · Asset Management · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Gladstone Capital share price: $19.68 at the close on 4 November 2026, +2.8% in a year.

Getting worseBusiness trend from the last 12 quarters
$19.68Price +2.8% in a year
0.9×P/BV higher than 53% of the last 1 year
$24.5 MRevenue (Jun 2026) +13.1% on a year ago
$13.3 MProfit (Jun 2026) +78.2% on a year ago
54.2%Net margin +19.8 points on a year ago
9%ROE FY25
5.17%ROA latest

Gladstone Capital Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

The main question: the share price moved +2.8% in a year while yearly earnings per share moved −41.3%. The difference came from the market paying a higher multiple.

The price has been between phases, and the P/BV is higher than 53% of its own last 1 year. Over the last four quarters, results have been improving, with profit +78.2% on a year earlier, with the net margin at 54.2%. What will decide it: whether earnings grow into a price that has already moved.

What is the Gladstone Capital share price today?

Gladstone Capital Corporation's share price was $19.68 at the close on 4 November 2026. That is 3.3% above its average price over the last 200 trading days. In the last 52 weeks it traded between $17 and $21, and at that close it sat 64% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.

Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 2 weeks in a row.

Nov 2026: $19.68, 3.3% above its 200-day average.

  • Price $19.68
  • 50-day avg $19.24
  • 200-day avg $19.06
Nov 2026: $19.68, 3.3% above its 200-day average.
WeekPrice50-day avg200-day avg
11 Jul 2025$28.52––
18 Jul 2025$28.89––
25 Jul 2025$28.68––
1 Aug 2025$27.27––
8 Aug 2025$27.33––
15 Aug 2025$26.99––
22 Aug 2025$26.48––
29 Aug 2025$26.42––
5 Sep 2025$26.05––
12 Sep 2025$23.51––
19 Sep 2025$23.62$26.65–
26 Sep 2025$22.22$26.03–
3 Oct 2025$21.36$25.33–
10 Oct 2025$19.31$24.55–
17 Oct 2025$19.28$23.81–
24 Oct 2025$19.66$23.03–
31 Oct 2025$19.38$22.30–
7 Nov 2025$19.15$21.58–
14 Nov 2025$19.30$20.90–
21 Nov 2025$20.31$20.49–
28 Nov 2025$21.23$20.31–
5 Dec 2025$21.20$20.13–
12 Dec 2025$21.45$20.08–
19 Dec 2025$20.64$20.11–
26 Dec 2025$20.52$20.15–
2 Jan 2026$20.69$20.25–
9 Jan 2026$20.91$20.36–
16 Jan 2026$21.12$20.54–
23 Jan 2026$20.63$20.68–
30 Jan 2026$20.61$20.80–
6 Feb 2026$19.02$20.76–
13 Feb 2026$18.54$20.54–
20 Feb 2026$18.39$20.32–
27 Feb 2026$18.20$20.02–
6 Mar 2026$18.15$19.78–
13 Mar 2026$17.51$19.52–
20 Mar 2026$17.57$19.25–
27 Mar 2026$16.55$18.87–
2 Apr 2026$17.90$18.59–
10 Apr 2026$17.63$18.33–
17 Apr 2026$19.22$18.17–
24 Apr 2026$18.32$18.13$21.45
1 May 2026$19.26$18.15$21.21
8 May 2026$19.97$18.28$20.98
15 May 2026$19.21$18.37$20.75
22 May 2026$18.95$18.48$20.55
29 May 2026$19.37$18.59$20.39
5 Jun 2026$19.19$18.77$20.20
12 Jun 2026$19.39$18.98$20.02
18 Jun 2026$18.69$19.04$19.87
26 Jun 2026$18.96$19.10$19.70
2 Jul 2026$19.54$19.14$19.62
10 Jul 2026$19.75$19.24$19.53
17 Jul 2026$19.91$19.33$19.47
24 Jul 2026$18.79$19.28$19.41
31 Jul 2026$18.67$19.26$19.38
7 Aug 2026$19.73$19.29$19.38
14 Aug 2026$19.76$19.32$19.38
21 Aug 2026$19.67$19.36$19.39
28 Aug 2026$19.89$19.42$19.40
4 Sep 2026$20.10$19.56$19.43
11 Sep 2026$19.48$19.58$19.41
18 Sep 2026$19.31$19.57$19.38
25 Sep 2026$19.36$19.51$19.33
2 Oct 2026$19.15$19.50$19.28
9 Oct 2026$18.81$19.49$19.23
16 Oct 2026$18.88$19.48$19.20
23 Oct 2026$18.36$19.36$19.14
30 Oct 2026$18.97$19.27$19.09
4 Nov 2026$19.68$19.24$19.06
Weekly closing price ($) with its 50-day and 200-day averages. 1-year window.

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?

Ahead in 11 of 57 weeks

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
11 Jul 2025no S&P 500 reading
18 Jul 2025no S&P 500 reading
25 Jul 2025no S&P 500 reading
1 Aug 2025no S&P 500 reading
8 Aug 2025no S&P 500 reading
15 Aug 2025no S&P 500 reading
22 Aug 2025no S&P 500 reading
29 Aug 2025no S&P 500 reading
5 Sep 2025no S&P 500 reading
12 Sep 2025no S&P 500 reading
19 Sep 2025no S&P 500 reading
26 Sep 2025no S&P 500 reading
3 Oct 2025no S&P 500 reading
10 Oct 2025−37.0%
17 Oct 2025−39.1%
24 Oct 2025−37.8%
31 Oct 2025−38.6%
7 Nov 2025−35.2%
14 Nov 2025−32.9%
21 Nov 2025−25.4%
28 Nov 2025−25.6%
5 Dec 2025−24.6%
12 Dec 2025−12.5%
19 Dec 2025−15.2%
26 Dec 2025−12.0%
2 Jan 2026−5.2%
9 Jan 2026+2.0%
16 Jan 2026+5.4%
23 Jan 2026+3.2%
30 Jan 2026+4.9%
6 Feb 2026−3.6%
13 Feb 2026−5.4%
20 Feb 2026−14.1%
27 Feb 2026−14.7%
6 Mar 2026−12.4%
13 Mar 2026−15.5%
20 Mar 2026−10.2%
27 Mar 2026−11.2%
2 Apr 2026−9.5%
10 Apr 2026−13.6%
17 Apr 2026−11.7%
24 Apr 2026−14.8%
1 May 2026−10.7%
8 May 2026−1.8%
15 May 2026−4.8%
22 May 2026−5.1%
29 May 2026−3.8%
5 Jun 2026−4.0%
12 Jun 2026−1.3%
18 Jun 2026−8.8%
26 Jun 2026−0.4%
2 Jul 2026−4.4%
10 Jul 2026+0.9%
17 Jul 2026−1.1%
24 Jul 2026−0.9%
31 Jul 2026−6.7%
7 Aug 2026−6.0%
14 Aug 2026−2.2%
21 Aug 2026+1.1%
28 Aug 2026+1.0%
4 Sep 2026+0.3%
11 Sep 2026−2.6%
18 Sep 2026+1.3%
25 Sep 2026−3.7%
2 Oct 2026−5.3%
9 Oct 2026−7.9%
16 Oct 2026−7.9%
23 Oct 2026−5.1%
30 Oct 2026+0.4%
4 Nov 2026+0.6%
Each bar is one week, from 2025 to now (57 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 1 year the share price moved −31% while the S&P 500 moved +23%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Gladstone Capital pay?

Gladstone Capital Corporation paid $1.84 per share over the last four reported quarters. The most recent declaration was $0.45 for Jun 2026. At today's price of $19.68 that is a yield of 9.35%, based on dividends already paid, not a forecast.

A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.

Dividend per share each quarter: latest $0.45 (Jun 2026)

  • Dividend per share $0.45
Dividend per share each quarter: latest $0.45 (Jun 2026)
QuarterDividend per share
Sep 2023$0.49
Dec 2023$0.49
Mar 2024$0.49
Jun 2024$0.49
Sep 2024$0.49
Dec 2024$0.49
Mar 2025$0.50
Jun 2025$0.49
Sep 2025$0.49
Dec 2025$0.45
Mar 2026$0.45
Jun 2026$0.45
Declared dividend per share, $ a share, each reported quarter. 12 quarters on file.

Which stock lists is Gladstone Capital on?

Gladstone Capital is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.

Is Gladstone Capital profitable?

Gladstone Capital Corporation earned $13.3 M of net profit in the Jun 2026 quarter, +78.2% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY25 profit was $57.2 M. Over 4 years profit has grown −9.2% a year on average. That is 54.2% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned $7.4 M.

For the full year, FY25 profit was $57.2 M (−39.5% on the year before).

FY25 profit $57.2 M (−39.5% on the year before), −9.2% a year over 4 years

  • Net profit $57.2 M
FY25 profit $57.2 M (−39.5% on the year before), −9.2% a year over 4 years
QuarterNet profit
FY21$84.3 M
FY22$19.9 M
FY23$42.7 M
FY24$94.5 M
FY25$57.2 M

Growth on a year earlier

  • Growth on a year earlier −39.5%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY22−76.4%
FY23114.3%
FY24121.5%
FY25−39.5%
Top: net profit each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $13.3 M (+78.2% on a year earlier), the 2nd quarter in a row of growth

  • Net profit (quarterly) $13.3 M
Jun 2026: $13.3 M (+78.2% on a year earlier), the 2nd quarter in a row of growth
QuarterNet profit (quarterly)
Sep 2023$13.1 M
Dec 2023$20.0 M
Mar 2024$23.6 M
Jun 2024$19.1 M
Sep 2024$31.8 M
Dec 2024$27.0 M
Mar 2025$8.8 M
Jun 2025$7.4 M
Sep 2025$14.0 M
Dec 2025$5.5 M
Mar 2026$15.5 M
Jun 2026$13.3 M

Growth on a year earlier

  • Growth on a year earlier 78.2%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023156.5%
Dec 2023251%
Mar 202497.2%
Jun 202460.4%
Sep 2024142.9%
Dec 202434.9%
Mar 2025−62.8%
Jun 2025−60.9%
Sep 2025−56.1%
Dec 2025−79.8%
Mar 202675.7%
Jun 202678.2%
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +13.1% on a year earlier and the margin moved +19.8 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +4.5% and revenue +11.5%. Profit is growing slower than sales: rising costs are taking part of the growth.

How much revenue does Gladstone Capital make, and is it growing?

Gladstone Capital Corporation reported $24.5 M of income in the Jun 2026 quarter, +13.1% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 4 years it has grown 13.5% a year on average. The last full year, FY25, came in at $89.1 M.

For a bank, revenue is everything it earns: interest on its loans plus fees from its businesses.

The last four reported quarters add to $98.9 M.

FY25 revenue was $89.1 M, −7.8% on the year before.

FY25 revenue $89.1 M (−7.8% on the year before), 13.5% a year over 4 years

  • Revenue $89.1 M
FY25 revenue $89.1 M (−7.8% on the year before), 13.5% a year over 4 years
QuarterRevenue
FY21$53.8 M
FY22$63.1 M
FY23$86.4 M
FY24$96.6 M
FY25$89.1 M

Growth on a year earlier

  • Growth on a year earlier −7.8%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY2217.4%
FY2336.9%
FY2411.8%
FY25−7.8%
Top: revenue each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $24.5 M (+13.1% on a year earlier), the 4th quarter in a row of growth

  • Revenue (quarterly) $24.5 M
Jun 2026: $24.5 M (+13.1% on a year earlier), the 4th quarter in a row of growth
QuarterRevenue (quarterly)
Sep 2023$23.8 M
Dec 2023$23.2 M
Mar 2024$24.0 M
Jun 2024$25.7 M
Sep 2024$23.7 M
Dec 2024$22.0 M
Mar 2025$21.6 M
Jun 2025$21.7 M
Sep 2025$23.9 M
Dec 2025$24.5 M
Mar 2026$26.0 M
Jun 2026$24.5 M

Growth on a year earlier

  • Growth on a year earlier 13.1%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 202349%
Dec 202320.4%
Mar 202416.7%
Jun 202412.6%
Sep 2024−0.2%
Dec 2024−5.4%
Mar 2025−10.1%
Jun 2025−15.7%
Sep 20250.9%
Dec 202511.6%
Mar 202620.5%
Jun 202613.1%
Top: revenue each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +11.5% on average, against 13.5% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +11.3%, against +1.2% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −35.8%, against −20.3% a year (rolling over).

How much does Gladstone Capital keep from what it earns?

Gladstone Capital Corporation's net margin was 54.2% in the Jun 2026 quarter, 19.8 percentage points higher than the same quarter a year ago. Across 5 years it has been between 31.5% and 156.7%. The latest quarter is within that range.

Net margin is what the bank keeps from every $100 of revenue after every cost, provision for bad loans and tax. With big fee businesses in the mix, it is the clearest margin we can read for this bank.

Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

FY25: 64.2%, within a range of 31.5% to 156.7% over 5 years

  • Net margin 64.2%
FY25: 64.2%, within a range of 31.5% to 156.7% over 5 years
QuarterNet margin
FY21156.7%
FY2231.5%
FY2349.4%
FY2497.8%
FY2564.2%

Change on the year before (points)

  • Change on the year before (points) −33.6 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22−125.2 pts
FY23+17.9 pts
FY24+48.4 pts
FY25−33.6 pts
Net margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Jun 2026: net margin 54.2% (+19.8 points on a year earlier)

  • Net margin 54.2%
Jun 2026: net margin 54.2% (+19.8 points on a year earlier)
QuarterNet margin
Sep 202355.1%
Dec 202386.1%
Mar 202498.5%
Jun 202474.2%
Sep 2024134.2%
Dec 2024122.8%
Mar 202540.8%
Jun 202534.4%
Sep 202558.4%
Dec 202522.3%
Mar 202659.5%
Jun 202654.2%

Change on a year earlier (points)

  • Change on a year earlier (points) +19.8 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023+23.1 pts
Dec 2023+56.6 pts
Mar 2024+40.2 pts
Jun 2024+22.1 pts
Sep 2024+79.1 pts
Dec 2024+36.7 pts
Mar 2025−57.7 pts
Jun 2025−39.8 pts
Sep 2025−75.8 pts
Dec 2025−100.5 pts
Mar 2026+18.7 pts
Jun 2026+19.8 pts
Top: quarterly net margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Net profit as a share of total revenue, each quarter.

How many of Gladstone Capital's loans have gone bad?

Gladstone Capital Corporation does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report.

Gross NPA is the share of the loan book where repayments have stopped. Net NPA is what is left after the money the lender has already set aside for those loans. Falling is good; rising is a warning.

Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up.

How fast is Gladstone Capital's loan book growing?

Gladstone Capital Corporation's revenue was $89.1 M in FY25, −7.8% on the year before, so the loan book is not growing. The latest quarter was +13.1% on a year earlier. The net margin on that income is 54.2%, +19.8 percentage points on a year ago.

We read the loan book through revenue: when the book and the businesses grow, revenue grows with them. It is only a rough guide, because interest-rate changes and fee swings can move it a few points in any year.

Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year.

FY25: revenue $89.1 M (−7.8% on the year before), net margin 64.2%

  • Revenue $89.1 M
FY25: revenue $89.1 M (−7.8% on the year before), net margin 64.2%
QuarterRevenue
FY21$53.8 M
FY22$63.1 M
FY23$86.4 M
FY24$96.6 M
FY25$89.1 M

Net margin

  • Net margin 64.2%
Net margin
QuarterNet margin
FY21156.7%
FY2231.5%
FY2349.4%
FY2497.8%
FY2564.2%
Top: revenue each year, $ M. Below: net margin, %. 5-year window. A grey bar is lower than the year before.

In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Quarterly loan-quality figures are missing here, so revenue growth and margin are the two we watch.

What is Gladstone Capital's P/BV ratio, and how does it compare with its own history?

Gladstone Capital Corporation's P/BV is 0.9×, in the middle of its own history: higher than 53% of past readings. Its usual P/BV (the middle reading) is 0.9×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

For a bank or lender we compare the price with book value, the net worth on its balance sheet. P/BV is how many dollars the market pays for each $1 of that net worth. Below 1× means the market values it at less than its net worth.

Why the multiple is low: this lender earns about 9% a year on its equity. A lender that earns less on its net worth is valued lower for each dollar of it, and that gap usually closes only if returns improve.

P/BV 0.9× against a usual 0.9×: in the middle of its own history: higher than 53% of past readings

  • P/BV 0.92×
  • Median 0.91×
P/BV 0.9× against a usual 0.9×: in the middle of its own history: higher than 53% of past readings
WeekP/BVMedian
11 Jul 20251.34×0.91×
18 Jul 20251.36×0.91×
25 Jul 20251.35×0.91×
1 Aug 20251.28×0.91×
8 Aug 20251.29×0.91×
15 Aug 20251.27×0.91×
22 Aug 20251.25×0.91×
29 Aug 20251.24×0.91×
5 Sep 20251.23×0.91×
12 Sep 20251.11×0.91×
19 Sep 20251.11×0.91×
26 Sep 20251.05×0.91×
3 Oct 20251.00×0.91×
10 Oct 20250.91×0.91×
17 Oct 20250.90×0.91×
24 Oct 20250.92×0.91×
31 Oct 20250.91×0.91×
7 Nov 20250.90×0.91×
14 Nov 20250.90×0.91×
21 Nov 20250.95×0.91×
28 Nov 20251.00×0.91×
5 Dec 20250.99×0.91×
12 Dec 20251.01×0.91×
19 Dec 20250.97×0.91×
26 Dec 20250.96×0.91×
2 Jan 20260.98×0.91×
9 Jan 20260.99×0.91×
16 Jan 20261.00×0.91×
23 Jan 20260.98×0.91×
30 Jan 20260.98×0.91×
6 Feb 20260.90×0.91×
13 Feb 20260.88×0.91×
20 Feb 20260.87×0.91×
27 Feb 20260.86×0.91×
6 Mar 20260.86×0.91×
13 Mar 20260.83×0.91×
20 Mar 20260.83×0.91×
27 Mar 20260.78×0.91×
2 Apr 20260.84×0.91×
10 Apr 20260.83×0.91×
17 Apr 20260.90×0.91×
24 Apr 20260.86×0.91×
1 May 20260.90×0.91×
8 May 20260.93×0.91×
15 May 20260.90×0.91×
22 May 20260.89×0.91×
29 May 20260.91×0.91×
5 Jun 20260.90×0.91×
12 Jun 20260.91×0.91×
18 Jun 20260.87×0.91×
26 Jun 20260.89×0.91×
2 Jul 20260.91×0.91×
10 Jul 20260.92×0.91×
17 Jul 20260.93×0.91×
24 Jul 20260.87×0.91×
31 Jul 20260.87×0.91×
7 Aug 20260.92×0.91×
14 Aug 20260.92×0.91×
21 Aug 20260.91×0.91×
28 Aug 20260.93×0.91×
4 Sep 20260.93×0.91×
11 Sep 20260.91×0.91×
18 Sep 20260.90×0.91×
25 Sep 20260.90×0.91×
2 Oct 20260.89×0.91×
9 Oct 20260.87×0.91×
16 Oct 20260.88×0.91×
23 Oct 20260.85×0.91×
30 Oct 20260.88×0.91×
4 Nov 20260.92×0.91×

Book value per share

  • Book value per share $21.50
Book value per share
WeekBook value per share
11 Jul 2025–
18 Jul 2025–
25 Jul 2025–
1 Aug 2025–
8 Aug 2025–
15 Aug 2025–
22 Aug 2025–
29 Aug 2025–
5 Sep 2025–
12 Sep 2025–
19 Sep 2025–
26 Sep 2025$21.25
3 Oct 2025$21.25
10 Oct 2025$21.25
17 Oct 2025$21.25
24 Oct 2025$21.25
31 Oct 2025$21.25
7 Nov 2025$21.25
14 Nov 2025$21.25
21 Nov 2025$21.25
28 Nov 2025$21.25
5 Dec 2025$21.25
12 Dec 2025$21.25
19 Dec 2025$21.25
26 Dec 2025$21.34
2 Jan 2026$21.34
9 Jan 2026$21.34
16 Jan 2026$21.34
23 Jan 2026$21.34
30 Jan 2026$21.34
6 Feb 2026$21.34
13 Feb 2026$21.34
20 Feb 2026$21.34
27 Feb 2026$21.34
6 Mar 2026$21.34
13 Mar 2026$21.34
20 Mar 2026$21.34
27 Mar 2026$21.13
2 Apr 2026$21.13
10 Apr 2026$21.13
17 Apr 2026$21.13
24 Apr 2026$21.13
1 May 2026$21.13
8 May 2026$21.13
15 May 2026$21.13
22 May 2026$21.13
29 May 2026$21.13
5 Jun 2026$21.13
12 Jun 2026$21.13
18 Jun 2026$21.13
26 Jun 2026$21.36
2 Jul 2026$21.36
10 Jul 2026$21.36
17 Jul 2026$21.36
24 Jul 2026$21.36
31 Jul 2026$21.36
7 Aug 2026$21.36
14 Aug 2026$21.36
21 Aug 2026$21.36
28 Aug 2026$21.36
4 Sep 2026$21.36
11 Sep 2026$21.36
18 Sep 2026$21.36
25 Sep 2026$21.50
2 Oct 2026$21.50
9 Oct 2026$21.50
16 Oct 2026$21.50
23 Oct 2026$21.50
30 Oct 2026$21.50
4 Nov 2026$21.50
Top: P/BV each week. Below: book value per share, quarterly steps drawn, a step line that moves once a quarter; 1 year of history.

PEG 2.85 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 2.85×
  • PEG = 1.0 1.00×
PEG 2.85 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Sep 20214.83×1.00×
Dec 20212.92×1.00×
Mar 20222.85×1.00×
Jun 20222.85×1.00×
Sep 20222.85×1.00×
Dec 20222.85×1.00×
Mar 20232.85×1.00×
Jun 20232.85×1.00×
Sep 20232.85×1.00×
Dec 20232.85×1.00×
Mar 20242.85×1.00×
Jun 20242.85×1.00×
Sep 20242.85×1.00×
Dec 20242.85×1.00×
Mar 20252.85×1.00×
Jun 20252.85×1.00×
Sep 20252.85×1.00×
Dec 20252.85×1.00×
Mar 20262.85×1.00×
Jun 20262.85×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 20 quarters.
0.9×P/BV · higher than 53% of its last 1 year
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

Why the multiple is where it is: over the past year book value grew while the price moved +2.8%. Price and book value moved together, so the multiple stayed in its range.

In short: the multiple is about average against its own past, so the book value trend underneath matters more than the multiple.

Is the Gladstone Capital business getting better or worse?

Gladstone Capital Corporation's business is getting worse. Profit and EPS growth are shrinking: profit growth is −35.8% in the latest quarter, against +321.7% at its best in 12 quarters, with ROE falling at 9.1%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue −7.8% in FY25, profit −39.5%

  • Revenue growth −7.8%
Growth year by year: revenue −7.8% in FY25, profit −39.5%
QuarterRevenue growth
FY21–
FY2217.4%
FY2336.9%
FY2411.8%
FY25−7.8%

Profit growth, EPS growth

  • Profit growth −39.5%
  • EPS growth −41.3%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY22−76.4%−77.1%
FY23114.3%97.2%
FY24121.5%89.7%
FY25−39.5%−41.3%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue accelerating, profit rolling over

  • Revenue 11.3%
Three growth lines over twelve quarters: revenue accelerating, profit rolling over
QuarterRevenue
Sep 202336.9%
Dec 202336.3%
Mar 202434.8%
Jun 202423%
Sep 202411.8%
Dec 20245.5%
Mar 2025−0.9%
Jun 2025−8%
Sep 2025−7.8%
Dec 2025−3.9%
Mar 20263.4%
Jun 202611.3%

Profit, EPS

  • Profit −35.8%
  • EPS −38.2%
Profit, EPS
QuarterProfitEPS
Sep 2023114.3%95.6%
Dec 2023300%268.3%
Mar 2024299.1%247.5%
Jun 2024118.6%85.8%
Sep 2024121.5%91.2%
Dec 202478.1%61.6%
Mar 202526.3%19.4%
Jun 2025−1%−4.3%
Sep 2025−39.5%−41.3%
Dec 2025−64.9%−65.9%
Mar 2026−51.1%−52.6%
Jun 2026−35.8%−38.2%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROE: the return line, worked out each quarter

  • ROE 9.1%
ROE: the return line, worked out each quarter
QuarterROE
Sep 202310.4%
Dec 202313.6%
Mar 202415.9%
Jun 202417%
Sep 2024–
Dec 2024–
Mar 2025–
Jun 2025–
Sep 2025–
Dec 20257%
Mar 20268.2%
Jun 20269.1%
Net profit over the last 12 months as a share of equity at the quarter end, %.
RisingRevenue growth · latest +11.3%, range −8.0% to +36.9%
FlatProfit growth · latest −35.8%, range −64.9% to +321.7%
RecoveringEPS growth · latest −38.2%, range −65.9% to +268.3%
FallingROE · latest 9.1%, range 7.0% to 17.0%

Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue−7.8%+12.2%——
Profit−39.5%+42.1%——
EPS−41.3%+30.0%——
Stock price+2.8%———
+13.1%Revenue growth (Jun 2026) · latest quarter against a year ago
+78.2%Profit growth (Jun 2026) · latest quarter against a year ago
13.5%Revenue, 4 years · yearly growth over the long run

How much does Gladstone Capital earn on its equity and assets?

Gladstone Capital Corporation earned a return on equity of 11% in FY25. Its lowest yearly reading on file was 6% in FY22. On its assets, every $100 earned about $5.17, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together.

Two numbers rate a bank: ROE, what it earns on shareholders’ money, and ROA, what it earns on all its assets. An ROE above about 13 to 15% is healthy; below that, net worth grows slowly.

That return is below the level a bank needs to grow its net worth quickly, which helps explain why its multiple is where it is.

FY25: ROE 11%, ROA 4.90%, up from a FY22 low of 6%

  • ROE 11.4%
FY25: ROE 11%, ROA 4.90%, up from a FY22 low of 6%
QuarterROE
FY2126.5%
FY226.3%
FY2310.4%
FY2419.7%
FY2511.4%

ROA

  • ROA 4.9%
ROA
QuarterROA
FY214.8%
FY224.7%
FY235.7%
FY245.7%
FY254.9%
Return on equity each year, % (top); return on assets, % (below). 5-year window. A lender is judged on ROE and ROA; return on capital used (ROIC) does not apply to a bank.

Jun 2026: ROE 12.1% (last 12 months), ROA 5.00%

  • ROE (12 months) 12.1%
Jun 2026: ROE 12.1% (last 12 months), ROA 5.00%
QuarterROE (12 months)
Sep 202313.6%
Dec 202313.7%
Mar 202419.4%
Jun 202422.2%
Sep 202417.4%
Dec 202427.6%
Mar 202522.3%
Jun 20257.2%
Sep 20256.1%
Dec 202511.3%
Mar 20264.3%
Jun 202612.1%

ROA (12 months)

  • ROA (12 months) 5%
ROA (12 months)
QuarterROA (12 months)
Sep 20236.2%
Dec 20235.9%
Mar 20245.9%
Jun 20245.4%
Sep 20245.8%
Dec 20245.3%
Mar 20255.1%
Jun 20255.3%
Sep 20255.3%
Dec 20255.3%
Mar 20264.9%
Jun 20265%
Return on equity over the last 12 months (top) and on assets (below), each quarter, %. Last 12 quarters, lined up with the yearly figure.

Why ROE moved: profit grew −9.2% a year over 4 years while net worth grew more slowly. When earnings recover faster than net worth builds up, ROE climbs off its low.

Does Gladstone Capital have too much debt?

For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead.

For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here.

What is the Gladstone Capital shareholding pattern?

We have no ownership or short-position figures for Gladstone Capital Corporation, so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 6.2 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

How far is Gladstone Capital from balance-sheet trouble?

For Gladstone Capital Corporation, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Gladstone Capital rank in its industry?

There is no score against its industry: Gladstone Capital Corporation is not among the largest members shown in this industry comparison for Asset Management.

The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.

Which companies is Gladstone Capital compared with?

No sector comparison is shown here, not among the largest members shown in this industry comparison.

Which companies are close to Gladstone Capital in size?

Gladstone Capital is the 74th largest of 90 Asset Management companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Vinci Compass Investments, MSC Income Fund, Inc. and Noah Holdings. Just below it: AlTi Global, Inc., BlackRock TCP Capital Corp. and Crescent Capital BDC, Inc.

Asset Management companies close in size

  1. Vinci Compass Investments Ltd. $576 million
  2. MSC Income Fund, Inc. $560 million
  3. Noah Holdings Limited $485 million
  4. Gladstone Capital Corporation $445 million
  5. AlTi Global, Inc. $404 million
  6. BlackRock TCP Capital Corp. $367 million
  7. Crescent Capital BDC, Inc. $355 million

All 90 Asset Management companies, largest first

Companies close in size in other industries

  1. CorMedix Inc. $433 million · Biotechnology
  2. Barnes & Noble Education, Inc. $433 million · Specialty Retail
  3. Gladstone Capital Corporation $433 million
  4. Industrial Logistics Properties Trust $431 million · REIT - Industrial
  5. United States Antimony Corporation $431 million · Other Industrial Metals & Mining

What else do people ask about Gladstone Capital?

What were Gladstone Capital's latest quarterly results?

Gladstone Capital Corporation reported total income of $24.5 M and net profit of $13.3 M for the Jun 2026 quarter. Income rose 13.1% and profit rose 78.2% compared with a year earlier. Earnings per share were $0.56.

The net margin was 54.2%, 19.8 percentage points higher than a year earlier (as of 4 November 2026).

What is Gladstone Capital's market cap?

Gladstone Capital Corporation's market capitalisation is $445 M at a stock price of $19.68. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Gladstone Capital performing?

Gladstone Capital Corporation's latest readings are below. In its latest quarter, income rose 13.1% and profit rose 78.2% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 2 weeks running.

This describes what the data did, not a rating (as of 4 November 2026).

Will Gladstone Capital's stock price go up?

This page does not forecast Gladstone Capital Corporation's stock price. What it shows instead: the stock price is $19.68. Its P/BV of 0.9× is higher than 53% of its own last 1 years.

Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).

Where is Gladstone Capital in its business cycle?

Gladstone Capital Corporation's FY25 net margin was 64.2%, against a 5-year range of 31.5% to 156.7%: the middle of its own range, neither a peak nor a low. The latest quarter was 54.2%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Gladstone Capital story?

The main question: the share price moved +2.8% in a year while yearly earnings per share moved −41.3%. The difference came from the market paying a higher multiple.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Gladstone Capital a stock worth studying right now?

What the numbers show: Gladstone Capital Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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