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Gladstone Commercial share price today

Gladstone Commercial Corporation · GOOD · Real Estate · REIT - Diversified · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Gladstone Commercial share price: $10.89 at the close on 4 November 2026, −0.5% in a year.

$10.89Price −0.5% in a year
89.0×P/E over 1 year
$44.0 MRevenue (Jun 2026) +11.3% on a year ago
$5.1 MProfit (Jun 2026) +251.9% on a year ago
40.4%Operating margin +4.0 points on a year ago
2%ROE FY25
3.5%ROIC against a 6.5% cost of capital: −3.0 points
819%Profit that came in as cash last 2 years

Gladstone Commercial 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 −0.5% in a year while yearly earnings per share moved −47.4%. The difference came from the market paying a higher multiple.

The price has been between phases. Over the last four quarters, results have been improving, with profit +251.9% on a year earlier, and 819% of the last 2 years' profit came in as cash. What will decide it: whether earnings grow into a price that has already moved.

What is the Gladstone Commercial share price today?

Gladstone Commercial Corporation's share price was $10.89 at the close on 4 November 2026. That is 12.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between $11 and $13, and at that close it sat 14% 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 worse than the S&P 500, and it has been behind for 7 weeks running.

Nov 2026: $10.89, 12.0% below its 200-day average.

  • Price $10.89
  • 50-day avg $12.48
  • 200-day avg $12.38
Nov 2026: $10.89, 12.0% below its 200-day average.
WeekPrice50-day avg200-day avg
11 Jul 2025$14.00––
18 Jul 2025$13.65––
25 Jul 2025$13.60––
1 Aug 2025$13.01––
8 Aug 2025$13.08––
15 Aug 2025$13.15––
22 Aug 2025$13.32––
29 Aug 2025$13.45––
5 Sep 2025$13.22––
12 Sep 2025$13.05––
19 Sep 2025$12.88$13.29–
26 Sep 2025$12.31$13.17–
3 Oct 2025$12.16$13.02–
10 Oct 2025$11.31$12.83–
17 Oct 2025$11.50$12.67–
24 Oct 2025$11.48$12.50–
31 Oct 2025$11.43$12.32–
7 Nov 2025$10.95$12.08–
14 Nov 2025$11.20$11.87–
21 Nov 2025$10.81$11.65–
28 Nov 2025$11.06$11.49–
5 Dec 2025$10.87$11.31–
12 Dec 2025$10.85$11.16–
19 Dec 2025$10.81$11.09–
26 Dec 2025$10.53$11.01–
2 Jan 2026$10.79$10.94–
9 Jan 2026$11.20$10.90–
16 Jan 2026$11.72$10.93–
23 Jan 2026$11.41$10.98–
30 Jan 2026$11.65$11.01–
6 Feb 2026$11.52$11.09–
13 Feb 2026$11.67$11.15–
20 Feb 2026$12.55$11.24–
27 Feb 2026$12.49$11.42–
6 Mar 2026$12.36$11.57–
13 Mar 2026$12.05$11.74–
20 Mar 2026$11.70$11.86–
27 Mar 2026$10.99$11.86–
2 Apr 2026$11.70$11.85–
10 Apr 2026$12.20$11.90–
17 Apr 2026$12.80$11.99–
24 Apr 2026$12.58$12.09$12.01
1 May 2026$12.85$12.19$11.98
8 May 2026$12.84$12.20$11.95
15 May 2026$12.31$12.21$11.92
22 May 2026$12.68$12.24$11.91
29 May 2026$12.61$12.30$11.90
5 Jun 2026$12.75$12.40$11.89
12 Jun 2026$12.54$12.53$11.88
18 Jun 2026$12.07$12.57$11.85
26 Jun 2026$12.49$12.55$11.83
2 Jul 2026$12.62$12.54$11.82
10 Jul 2026$12.49$12.53$11.81
17 Jul 2026$13.10$12.54$11.82
24 Jul 2026$12.96$12.57$11.84
31 Jul 2026$12.50$12.61$11.87
7 Aug 2026$12.95$12.59$11.90
14 Aug 2026$12.93$12.62$11.93
21 Aug 2026$12.91$12.65$11.97
28 Aug 2026$13.01$12.72$12.03
4 Sep 2026$13.11$12.81$12.08
11 Sep 2026$12.71$12.85$12.12
18 Sep 2026$12.61$12.86$12.16
25 Sep 2026$12.50$12.86$12.21
2 Oct 2026$12.94$12.82$12.25
9 Oct 2026$12.68$12.81$12.30
16 Oct 2026$12.47$12.82$12.35
23 Oct 2026$12.01$12.72$12.38
30 Oct 2026$11.43$12.59$12.39
4 Nov 2026$10.89$12.48$12.38
Weekly closing price ($) 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 17 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 2025−23.9%
17 Oct 2025−21.6%
24 Oct 2025−21.9%
31 Oct 2025−21.8%
7 Nov 2025−21.6%
14 Nov 2025−19.3%
21 Nov 2025−21.0%
28 Nov 2025−23.7%
5 Dec 2025−23.7%
12 Dec 2025−20.6%
19 Dec 2025−18.6%
26 Dec 2025−18.8%
2 Jan 2026−13.4%
9 Jan 2026−7.3%
16 Jan 2026−2.2%
23 Jan 2026−2.4%
30 Jan 2026+0.5%
6 Feb 2026+2.3%
13 Feb 2026+2.7%
20 Feb 2026+11.5%
27 Feb 2026+12.5%
6 Mar 2026+15.6%
13 Mar 2026+13.9%
20 Mar 2026+12.9%
27 Mar 2026+12.5%
2 Apr 2026+12.4%
10 Apr 2026+11.0%
17 Apr 2026+6.5%
24 Apr 2026+6.7%
1 May 2026+6.2%
8 May 2026+4.7%
15 May 2026−2.9%
22 May 2026−7.1%
29 May 2026−9.3%
5 Jun 2026−6.5%
12 Jun 2026−7.9%
18 Jun 2026−12.0%
26 Jun 2026−1.3%
2 Jul 2026−5.7%
10 Jul 2026−8.7%
17 Jul 2026−2.3%
24 Jul 2026−0.5%
31 Jul 2026−6.4%
7 Aug 2026−4.0%
14 Aug 2026+0.0%
21 Aug 2026−0.9%
28 Aug 2026+1.5%
4 Sep 2026−1.6%
11 Sep 2026−1.7%
18 Sep 2026+2.5%
25 Sep 2026−5.7%
2 Oct 2026−0.8%
9 Oct 2026−1.6%
16 Oct 2026−7.5%
23 Oct 2026−10.2%
30 Oct 2026−9.7%
4 Nov 2026−15.1%
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 −22% while the S&P 500 moved +23%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 18 September 2026. 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 Commercial pay?

Gladstone Commercial Corporation paid $1.20 per share over the last four reported quarters. The most recent declaration was $0.30 for Jun 2026. At today's price of $10.89 that is a yield of 11.02%, 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 $0.30 (Jun 2026)

  • Dividend per share $0.30
Dividend per share each quarter: latest $0.30 (Jun 2026)
QuarterDividend per share
Sep 2023$0.30
Dec 2023$0.30
Mar 2024$0.30
Jun 2024$0.30
Sep 2024$0.30
Dec 2024$0.30
Mar 2025$0.30
Jun 2025$0.30
Sep 2025$0.30
Dec 2025$0.30
Mar 2026$0.30
Jun 2026$0.30
Declared dividend per share, $ a share, each reported quarter. 12 quarters on file.

Which stock lists is Gladstone Commercial on?

Gladstone Commercial 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 Commercial profitable?

Gladstone Commercial Corporation earned $5.1 M of net profit in the Jun 2026 quarter, +251.9% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY25 profit was $6.6 M. That is 11.6% of the quarter's revenue. The same quarter a year earlier earned $1.5 M.

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

2 of the last 12 reported quarters were loss-making.

For the full year, FY25 profit was $6.6 M (−40.7% on the year before).

FY25 profit $6.6 M (−40.7% on the year before)

  • Net profit $6.6 M
FY25 profit $6.6 M (−40.7% on the year before)
QuarterNet profit
FY21−$3.4 M
FY22−$1.5 M
FY23−$7.7 M
FY24$11.1 M
FY25$6.6 M

Growth on a year earlier

  • Growth on a year earlier −40.7%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY22–
FY23–
FY24–
FY25−40.7%
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: $5.1 M (+251.9% on a year earlier), the 2nd quarter in a row of growth

  • Net profit (quarterly) $5.1 M
Jun 2026: $5.1 M (+251.9% on a year earlier), the 2nd quarter in a row of growth
QuarterNet profit (quarterly)
Sep 2023−$1.4 M
Dec 2023$1.3 M
Mar 2024$0.3 M
Jun 2024−$1.6 M
Sep 2024$8.5 M
Dec 2024$4.0 M
Mar 2025$1.9 M
Jun 2025$1.5 M
Sep 2025$1.0 M
Dec 2025$2.2 M
Mar 2026$3.8 M
Jun 2026$5.1 M

Growth on a year earlier

  • Growth on a year earlier 251.9%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023–
Dec 2023–
Mar 2024641.5%
Jun 2024–
Sep 2024–
Dec 2024199.7%
Mar 2025529.9%
Jun 2025–
Sep 2025−88.4%
Dec 2025−43.7%
Mar 2026100.2%
Jun 2026251.9%
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 +11.3% on a year earlier and the margin moved +4.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +55.0% and revenue +10.9%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit.

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

Gladstone Commercial Corporation reported $44.0 M of revenue in the Jun 2026 quarter, +11.3% on the same quarter a year earlier. That is the 8th quarter in a row with growth on the year before. Over 4 years it has grown 4.0% a year on average. The last full year, FY25, came in at $161 M.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to $170 M.

FY25 revenue was $161 M, +8.0% on the year before.

FY25 revenue $161 M (+8.0% on the year before), 4.0% a year over 4 years

  • Revenue $161 M
FY25 revenue $161 M (+8.0% on the year before), 4.0% a year over 4 years
QuarterRevenue
FY21$138 M
FY22$149 M
FY23$148 M
FY24$149 M
FY25$161 M

Growth on a year earlier

  • Growth on a year earlier 8%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY228.2%
FY23−0.9%
FY241.2%
FY258%
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: $44.0 M (+11.3% on a year earlier), the 8th quarter in a row of growth

  • Revenue (quarterly) $44.0 M
Jun 2026: $44.0 M (+11.3% on a year earlier), the 8th quarter in a row of growth
QuarterRevenue (quarterly)
Sep 2023$36.5 M
Dec 2023$35.9 M
Mar 2024$35.7 M
Jun 2024$37.1 M
Sep 2024$39.2 M
Dec 2024$37.4 M
Mar 2025$37.5 M
Jun 2025$39.5 M
Sep 2025$40.8 M
Dec 2025$43.5 M
Mar 2026$41.9 M
Jun 2026$44.0 M

Growth on a year earlier

  • Growth on a year earlier 11.3%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023−8.5%
Dec 2023−3.5%
Mar 2024−2.3%
Jun 2024−4.1%
Sep 20247.6%
Dec 20244.1%
Mar 20255%
Jun 20256.7%
Sep 20254.1%
Dec 202516.3%
Mar 202611.8%
Jun 202611.3%
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 +10.9% on average, against 4.0% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +10.8%, against +8.3% a year over the last 8 quarters (stabilising).

How much of every $100 of sales does Gladstone Commercial keep?

Gladstone Commercial Corporation's operating margin was 40.4% in the Jun 2026 quarter, 4.0 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 26.2% and 37.2%. The latest quarter is above every full year in that period.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Across 5 years it has been between 26.2% and 37.2%, and FY25's 37.2% is the highest of them.

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

When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.

FY25: 37.2%, the highest in a range of 26.2% to 37.2% over 5 years

  • Operating margin 37.2%
FY25: 37.2%, the highest in a range of 26.2% to 37.2% over 5 years
QuarterOperating margin
FY2126.2%
FY2230.1%
FY2334.4%
FY2435.7%
FY2537.2%

Change on the year before (points)

  • Change on the year before (points) +1.5 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22+3.9 pts
FY23+4.3 pts
FY24+1.3 pts
FY25+1.5 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Jun 2026: operating margin 40.4% (+4.0 points on a year earlier)

  • Operating margin 40.4%
Jun 2026: operating margin 40.4% (+4.0 points on a year earlier)
QuarterOperating margin
Sep 202337.4%
Dec 202337.6%
Mar 202436.1%
Jun 202429.9%
Sep 202438.8%
Dec 202438%
Mar 202536.4%
Jun 202536.4%
Sep 202535.6%
Dec 202540%
Mar 202639.8%
Jun 202640.4%

Change on a year earlier (points)

  • Change on a year earlier (points) +4.0 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023+3.8 pts
Dec 2023+6.7 pts
Mar 2024+3.6 pts
Jun 2024−0.5 pts
Sep 2024+1.4 pts
Dec 2024+0.4 pts
Mar 2025+0.3 pts
Jun 2025+6.5 pts
Sep 2025−3.2 pts
Dec 2025+2.0 pts
Mar 2026+3.4 pts
Jun 2026+4.0 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Gladstone Commercial's profit turning into cash?

Over the last 2 years, 819% of Gladstone Commercial Corporation's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $88.2 M of operating cash against $6.6 M of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY25: operating cash $88.2 M against profit $6.6 M; 819% of 2 years' profit came in as cash

  • Operating cash $88.2 M
  • Net profit $6.6 M
FY25: operating cash $88.2 M against profit $6.6 M; 819% of 2 years' profit came in as cash
QuarterOperating cashNet profit
FY21$70.1 M−$3.4 M
FY22$69.2 M−$1.5 M
FY23$60.4 M−$7.7 M
FY24$57.0 M$11.1 M
FY25$88.2 M$6.6 M
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Jun 2026: operating cash $17.6 M = 343% of the quarter's profit

  • Operating cash (quarterly) $17.6 M
Jun 2026: operating cash $17.6 M = 343% of the quarter's profit
QuarterOperating cash (quarterly)
Sep 2023$17.8 M
Dec 2023$11.9 M
Mar 2024$15.0 M
Jun 2024$13.6 M
Sep 2024$5.5 M
Dec 2024$22.8 M
Mar 2025$17.7 M
Jun 2025$35.8 M
Sep 2025$18.9 M
Dec 2025$15.7 M
Mar 2026$17.9 M
Jun 2026$17.6 M

Operating cash as % of profit

  • Operating cash as % of profit 343%
Operating cash as % of profit
QuarterOperating cash as % of profit
Sep 2023–
Dec 2023896%
Mar 20244,942%
Jun 2024–
Sep 202465%
Dec 2024574%
Mar 2025923%
Jun 20252,462%
Sep 20251,924%
Dec 2025703%
Mar 2026467%
Jun 2026343%
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Where does Gladstone Commercial's cash go?

Gladstone Commercial Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

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

Gladstone Commercial Corporation's P/E is 89.0×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

P/E 89.0× against a usual —: with too little history to compare

  • P/E 43.4×
P/E 89.0× against a usual —: with too little history to compare
WeekP/E
11 Jul 202538.6×
18 Jul 202537.6×
25 Jul 202537.5×
1 Aug 202535.8×
8 Aug 202536.0×
15 Aug 202536.2×
22 Aug 202536.7×
29 Aug 202537.0×
5 Sep 202536.4×
12 Sep 202536.0×
19 Sep 202535.5×
26 Sep 202533.9×
3 Oct 202565.4×
10 Oct 202560.8×
17 Oct 202561.8×
24 Oct 202561.7×
31 Oct 202561.5×
7 Nov 202558.9×
14 Nov 202560.2×
21 Nov 202558.1×
28 Nov 202559.5×
5 Dec 202558.4×
12 Dec 202558.3×
19 Dec 202558.1×
26 Dec 202556.6×
2 Jan 202677.1×
9 Jan 202680.0×
16 Jan 202683.7×
23 Jan 202681.5×
30 Jan 202683.2×
6 Feb 202682.3×
13 Feb 202683.4×
20 Feb 202689.2×
27 Feb 202689.2×
6 Mar 202688.3×
13 Mar 202686.1×
20 Mar 202683.6×
27 Mar 202678.5×
2 Apr 202666.5×
10 Apr 202669.3×
17 Apr 202672.7×
24 Apr 202671.5×
1 May 202673.0×
8 May 202673.0×
15 May 202669.9×
22 May 202672.0×
29 May 202671.7×
5 Jun 202672.4×
12 Jun 202671.3×
18 Jun 202668.6×
26 Jun 202671.0×
2 Jul 202650.3×
10 Jul 202649.8×
17 Jul 202652.2×
24 Jul 202651.6×
31 Jul 202649.8×
7 Aug 202651.6×
14 Aug 202651.5×
21 Aug 202651.4×
28 Aug 202651.8×
4 Sep 202652.2×
11 Sep 202650.6×
18 Sep 202650.2×
25 Sep 202649.8×
2 Oct 202651.5×
9 Oct 202650.5×
16 Oct 202649.7×
23 Oct 202647.9×
30 Oct 202645.5×
4 Nov 202643.4×

Earnings per share, 12 months

  • Earnings per share, 12 months $0.25
Earnings per share, 12 months
WeekEarnings per share, 12 months
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$0.36
3 Oct 2025$0.36
10 Oct 2025$0.36
17 Oct 2025$0.36
24 Oct 2025$0.36
31 Oct 2025$0.36
7 Nov 2025$0.36
14 Nov 2025$0.36
21 Nov 2025$0.36
28 Nov 2025$0.36
5 Dec 2025$0.36
12 Dec 2025$0.36
19 Dec 2025$0.36
26 Dec 2025$0.19
2 Jan 2026$0.19
9 Jan 2026$0.19
16 Jan 2026$0.19
23 Jan 2026$0.19
30 Jan 2026$0.19
6 Feb 2026$0.19
13 Feb 2026$0.19
20 Feb 2026$0.19
27 Feb 2026$0.19
6 Mar 2026$0.19
13 Mar 2026$0.19
20 Mar 2026$0.19
27 Mar 2026$0.14
2 Apr 2026$0.14
10 Apr 2026$0.14
17 Apr 2026$0.14
24 Apr 2026$0.14
1 May 2026$0.14
8 May 2026$0.14
15 May 2026$0.14
22 May 2026$0.14
29 May 2026$0.14
5 Jun 2026$0.14
12 Jun 2026$0.14
18 Jun 2026$0.14
26 Jun 2026$0.18
2 Jul 2026$0.18
10 Jul 2026$0.18
17 Jul 2026$0.18
24 Jul 2026$0.18
31 Jul 2026$0.18
7 Aug 2026$0.18
14 Aug 2026$0.18
21 Aug 2026$0.18
28 Aug 2026$0.18
4 Sep 2026$0.18
11 Sep 2026$0.18
18 Sep 2026$0.18
25 Sep 2026$0.25
2 Oct 2026$0.25
9 Oct 2026$0.25
16 Oct 2026$0.25
23 Oct 2026$0.25
30 Oct 2026$0.25
4 Nov 2026$0.25
Top: P/E each week. Below: earnings per share, trailing twelve months, a step line that moves once a quarter; 1 year of history; short peaks above 89× are drawn at the top edge.
89.0×P/E · too little history to compare
11.47PEG · today, as reported

Why the multiple is where it is: over the past year earnings per share moved −47.4% while the price moved −0.5%. The price did better than earnings, which pushed the multiple up within its own range.

In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple.

Is the Gladstone Commercial business getting better or worse?

Gladstone Commercial Corporation's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps.

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 +8.0% in FY25, profit −40.7%

  • Revenue growth 8.0%
Growth year by year: revenue +8.0% in FY25, profit −40.7%
QuarterRevenue growth
FY21–
FY228.2%
FY23−0.9%
FY241.2%
FY258%

Profit growth, EPS growth

  • Profit growth −40.7%
  • EPS growth −47.4%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY22––
FY23––
FY24––
FY25−40.7%−47.4%
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 stabilising

  • Revenue 10.8%
Three growth lines over twelve quarters: revenue stabilising
QuarterRevenue
Sep 20231.2%
Dec 2023−0.9%
Mar 2024−2.2%
Jun 2024−4.7%
Sep 2024−0.7%
Dec 20241.2%
Mar 20253%
Jun 20255.9%
Sep 20255%
Dec 20258%
Mar 20269.6%
Jun 202610.8%

Profit, EPS

  • Profit 251.9%
  • EPS −30.9%
Profit, EPS
QuarterProfitEPS
Sep 2023––
Dec 2023––
Mar 2024300%–
Jun 2024––
Sep 2024––
Dec 2024199.7%–
Mar 2025300%–
Jun 2025––
Sep 2025−88.4%−4.8%
Dec 2025−43.7%−45.2%
Mar 2026100.2%−39.4%
Jun 2026251.9%−30.9%
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. Where the 12-month history is short, the line uses single-quarter growth instead, which is noisier; extreme jumps from a tiny base are evened out before reading. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 6.2%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 2023–
Dec 2023–
Mar 2024–
Jun 2024–
Sep 2024–
Dec 2024–
Mar 2025–
Jun 2025–
Sep 20255.3%
Dec 20255.6%
Mar 20265.8%
Jun 20266.2%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
FlatRevenue growth · latest +10.8%, range −4.7% to +10.8%
Stuck lowROCE · latest 6.2%, range 5.3% to 6.2%

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

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+8.0%+2.7%——
Profit−40.7%———
EPS−47.4%———
Stock price−0.5%———
+11.3%Revenue growth (Jun 2026) · latest quarter against a year ago
+251.9%Profit growth (Jun 2026) · latest quarter against a year ago
4.0%Revenue, 4 years · yearly growth over the long run

How much does Gladstone Commercial earn on its capital?

Gladstone Commercial Corporation earned a ROE of 2% in FY25. That is up from a low of −2% in FY23. Its return on capital used (ROIC) is 3.0 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

It comes from a 4.1% net margin and 0.13× asset turnover (sales divided by assets).

Why the return is what it is (FY25): a 4.1% net margin × 0.13× asset turnover × 3.65× leverage (assets divided by equity) ≈ 1.9% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 3.5% − 6.5% = −3.0 percentage points. The 6.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

FY25: ROE 2%, the climb back from FY23's −2%

  • ROE 1.9%
  • Cost of capital 6.5%
FY25: ROE 2%, the climb back from FY23's −2%
QuarterROECost of capital
FY21−0.9%6.5%
FY22−0.4%6.5%
FY23−2.4%6.5%
FY243.3%6.5%
FY251.9%6.5%
Return on equity each year, % (line). 5-year window, low years included. The flat line is the 6.5% cost of capital used on this page.

Jun 2026: ROE 8.3% (last 12 months)

  • ROE (12 months) 8.3%
Jun 2026: ROE 8.3% (last 12 months)
QuarterROE (12 months)
Sep 2023−5.1%
Dec 20232%
Mar 20245.4%
Jun 20244.4%
Sep 20242%
Dec 202414.3%
Mar 20258.5%
Jun 20255.9%
Sep 20255.3%
Dec 20254.7%
Mar 20266.2%
Jun 20268.3%
ROE over the last 12 months, each quarter, %. Last 12 quarters, lined up with the yearly figure.

Does Gladstone Commercial have too much debt?

Gladstone Commercial Corporation has total debt of $859 M against shareholder equity of $328 M as of Jun 2026, so its debt is 2.62× its equity. Year by year, that ratio went from 1.92 in FY21 to 2.49 in FY25. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY25: debt $852 M, 2.49× equity

  • Total debt $852 M
FY25: debt $852 M, 2.49× equity
QuarterTotal debt
FY21$714 M
FY22$755 M
FY23$745 M
FY24$697 M
FY25$852 M

Debt-to-equity

  • Debt-to-equity 2.49×
Debt-to-equity
QuarterDebt-to-equity
FY211.92×
FY222.01×
FY232.30×
FY242.04×
FY252.49×
Top: total debt each year, $ M. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt $859 M, debt-to-equity 2.62

  • Total debt (quarterly) $859 M
Jun 2026: debt $859 M, debt-to-equity 2.62
QuarterTotal debt (quarterly)
Sep 2023$754 M
Dec 2023$745 M
Mar 2024$724 M
Jun 2024$727 M
Sep 2024$699 M
Dec 2024$697 M
Mar 2025$748 M
Jun 2025$802 M
Sep 2025$851 M
Dec 2025$852 M
Mar 2026$843 M
Jun 2026$859 M

Debt-to-equity

  • Debt-to-equity 2.62×
Debt-to-equity
QuarterDebt-to-equity
Sep 20232.18×
Dec 20232.30×
Mar 20242.27×
Jun 20242.30×
Sep 20242.06×
Dec 20242.04×
Mar 20252.12×
Jun 20252.31×
Sep 20252.40×
Dec 20252.49×
Mar 20262.53×
Jun 20262.62×
Top: total debt each quarter, $ M. Below: debt-to-equity, ×. Last 12 quarters.

What is the Gladstone Commercial shareholding pattern?

9.3% of Gladstone Commercial Corporation's tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 9.3 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.

It is a single reading at one point in time; we do not have its history.

9.3%Short interest · of the tradable float
9.3Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is Gladstone Commercial from balance-sheet trouble?

For Gladstone Commercial Corporation, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

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 Commercial rank in its industry?

43.8 out of 100, rank 7 of 13 in REIT - Diversified, with 80% of the evidence available.

Gladstone Commercial Corporation scores 43.8 out of 100 against the 13 companies it is compared with in REIT - Diversified, ranking 7. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 17.4 + 15.8 + 7.7 + 2.9 = 43.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector.

Which companies is Gladstone Commercial compared with?

Gladstone Commercial ranks 7 of 13 REIT - Diversified companies on the 4-Factor Sector Score, with 43.8 out of 100.

  1. 1W. P. Carey Inc.WPC · basing · Evidence leans up · 80% evidence63.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 27.9/35 · Income 11.3% · Profit 93.5% · 81% evidenceCapital efficiency 18.0/25 · ROA 3.4% · ROE 8.6% · GNPA — · 68% evidenceValuation 8.8/20 · P/BV 1.83× · P/BV÷ROE 0.21 · 70% evidenceRelative strength 8.8/20 · Lead over its industry -1.3% · Lead over S&P 500 -12.6% · 1 year -3% · 100% evidence · 0 of 12 weeks aheadExact sum: 27.9 + 18 + 8.8 + 8.8 = 63.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2VICI Properties Inc.VICI · basing · Evidence leans up · 80% evidence63.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.7/35 · Income 4.4% · Profit 0.3% · 81% evidenceCapital efficiency 19.4/25 · ROA 5.8% · ROE 12.5% · GNPA — · 68% evidenceValuation 16.2/20 · P/BV 0.98× · P/BV÷ROE 0.08 · 70% evidenceRelative strength 9.0/20 · Lead over its industry -2% · Lead over S&P 500 -13.4% · 1 year -16.8% · 100% evidence · 0 of 12 weeks aheadExact sum: 18.7 + 19.4 + 16.2 + 9 = 63.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3One Liberty Properties, Inc.OLP · basing · Evidence leans up · 80% evidence56.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.2/35 · Income 9.6% · Profit 22.2% · 81% evidenceCapital efficiency 16.2/25 · ROA 2.7% · ROE 8.4% · GNPA — · 68% evidenceValuation 9.8/20 · P/BV 1.75× · P/BV÷ROE 0.21 · 70% evidenceRelative strength 10.4/20 · Lead over its industry 1.9% · Lead over S&P 500 -9.5% · 1 year 6.4% · 100% evidence · 0 of 12 weeks aheadExact sum: 20.2 + 16.2 + 9.8 + 10.4 = 56.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  4. 4CTO Realty Growth, Inc.CTO · quiet · Evidence leans up · 69% evidence53.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.0/35 · Income 13.4% · Profit — · 52% evidenceCapital efficiency 11.9/25 · ROA 2% · ROE 4.3% · GNPA — · 68% evidenceValuation 6.8/20 · P/BV 1.1× · P/BV÷ROE 0.26 · 70% evidenceRelative strength 11.8/20 · Lead over its industry 8.9% · Lead over S&P 500 -3.1% · 1 year 17.8% · 100% evidence · 0 of 12 weeks aheadExact sum: 23 + 11.9 + 6.8 + 11.8 = 53.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  5. 5Broadstone Net Lease, Inc.BNL · basing · Evidence leans up · 80% evidence51.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.1/35 · Income 7.5% · Profit 48.5% · 81% evidenceCapital efficiency 15.1/25 · ROA 2.7% · ROE 6.1% · GNPA — · 68% evidenceValuation 8.5/20 · P/BV 1.32× · P/BV÷ROE 0.22 · 70% evidenceRelative strength 5.7/20 · Lead over its industry -2% · Lead over S&P 500 -13% · 1 year -0.4% · 100% evidence · 0 of 12 weeks aheadExact sum: 22.1 + 15.1 + 8.5 + 5.7 = 51.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6FrontView REIT, Inc.FVR · quiet · Evidence leans down · 69% evidence45.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 17.0/35 · Income 6.2% · Profit — · 52% evidenceCapital efficiency 8.0/25 · ROA 1.3% · ROE 0.3% · GNPA — · 68% evidenceValuation 3.8/20 · P/BV 0.87× · P/BV÷ROE 2.89 · 70% evidenceRelative strength 16.4/20 · Lead over its industry 16.6% · Lead over S&P 500 3.7% · 1 year 47.7% · 100% evidence · 2 of 12 weeks aheadExact sum: 17 + 8 + 3.8 + 16.4 = 45.2 · What this means: Relative strength against the index is 3.7%, and revenue and profit growth are weak.
  7. 7Gladstone Commercial Corporation this pageGOOD · quiet · Evidence leans down · 80% evidence43.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 17.4/35 · Income 10.4% · Profit -20% · 81% evidenceCapital efficiency 15.8/25 · ROA 3.4% · ROE 8.3% · GNPA — · 68% evidenceValuation 7.7/20 · P/BV 1.82× · P/BV÷ROE 0.22 · 70% evidenceRelative strength 2.9/20 · Lead over its industry -5% · Lead over S&P 500 -15.6% · 1 year -0.5% · 100% evidence · 0 of 12 weeks aheadExact sum: 17.4 + 15.8 + 7.7 + 2.9 = 43.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8American Assets Trust, Inc.AAT · quiet · Evidence leans down · 80% evidence40.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 6.2/35 · Income -2.9% · Profit -75.7% · 81% evidenceCapital efficiency 13.3/25 · ROA 2.2% · ROE 2.5% · GNPA — · 68% evidenceValuation 4.6/20 · P/BV 1.44× · P/BV÷ROE 0.57 · 70% evidenceRelative strength 16.4/20 · Lead over its industry 11.1% · Lead over S&P 500 -1.2% · 1 year 14.3% · 100% evidence · 0 of 12 weeks aheadExact sum: 6.2 + 13.3 + 4.6 + 16.4 = 40.5 · What this means: Relative strength against the index is -1.2%, and revenue and profit growth are weak.
  9. 9Safehold Inc.SAFE · quiet · Evidence leans down · 80% evidence39.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 16.1/35 · Income 10.9% · Profit 13.7% · 81% evidenceCapital efficiency 15.0/25 · ROA 2.8% · ROE 4.7% · GNPA — · 68% evidenceValuation 8.6/20 · P/BV 0.43× · P/BV÷ROE 0.09 · 70% evidenceRelative strength 0.0/20 · Lead over its industry -21.1% · Lead over S&P 500 -30.3% · 1 year -18.9% · 100% evidence · 0 of 12 weeks aheadExact sum: 16.1 + 15 + 8.6 + 0 = 39.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  10. 10Global Net Lease, Inc.GNL · quiet · Too little evidence to rank firmly · 57% evidence37.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 17.5/35 · Income -14% · Profit — · 52% evidenceCapital efficiency 9.5/25 · ROA 2% · ROE -2.1% · GNPA — · 68% evidenceValuation 9.8/20 · P/BV 1.25× · P/BV÷ROE — · 10% evidenceRelative strength 1.1/20 · Lead over its industry -15.8% · Lead over S&P 500 -25.5% · 1 year -12.3% · 100% evidence · 0 of 12 weeks aheadExact sum: 17.5 + 9.5 + 9.8 + 1.1 = 37.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  11. 11JBG SMITH PropertiesJBGS · turning · Too little evidence to rank firmly · 57% evidence37.9out of 100GrowthCapitalValuationRelative
  12. 12Empire State Realty Trust, Inc.ESRT · turning · Evidence leans down · 80% evidence36.0out of 100GrowthCapitalValuationRelative
  13. 13AH REALTY TRUST INCAHRT · basing · Too little evidence to rank firmly · 47% evidence53.8out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: REIT - Diversified, all 13 compared on one page.

Which companies are close to Gladstone Commercial in size?

Gladstone Commercial is the 12th largest of 13 REIT - Diversified companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: JBG SMITH Properties, CTO Realty Growth, Inc., Safehold Inc., AH REALTY TRUST INC and FrontView REIT, Inc. Just below it: One Liberty Properties, Inc.

REIT - Diversified companies close in size

  1. JBG SMITH Properties $880 million
  2. CTO Realty Growth, Inc. $793 million
  3. Safehold Inc. $763 million
  4. AH REALTY TRUST INC $669 million
  5. FrontView REIT, Inc. $573 million
  6. Gladstone Commercial Corporation $529 million
  7. One Liberty Properties, Inc. $479 million

All 13 REIT - Diversified companies, largest first

Companies close in size in other industries

  1. Oil States International, Inc. $530 million · Oil & Gas Equipment & Services
  2. Universal Health Realty Income Trust $530 million · REIT - Healthcare Facilities
  3. Gladstone Commercial Corporation $529 million
  4. Ponce Financial Group, Inc. $529 million · Banks - Regional
  5. Boost Run, Inc. $528 million · Software - Infrastructure

What else do people ask about Gladstone Commercial?

What were Gladstone Commercial's latest quarterly results?

Gladstone Commercial Corporation reported revenue of $44.0 M and net profit of $5.1 M for the Jun 2026 quarter. Revenue rose 11.3% and profit rose 251.9% compared with a year earlier. Earnings per share were $0.11.

The operating margin was 40.4%, 4.0 percentage points higher than a year earlier (as of 4 November 2026).

What is Gladstone Commercial's market cap?

Gladstone Commercial Corporation's market capitalisation is $529 M at a stock price of $10.89. 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 Commercial performing?

Gladstone Commercial Corporation's latest readings are below. In its latest quarter, revenue rose 11.3% and profit rose 251.9% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 7 weeks running.

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

Will Gladstone Commercial's stock price go up?

This page does not forecast Gladstone Commercial Corporation's stock price. What it shows instead: the stock price is $10.89. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).

Does Gladstone Commercial have too much debt?

Yes, Gladstone Commercial Corporation has a lot of debt: its debt is 2.72× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 4 November 2026).

Where is Gladstone Commercial in its business cycle?

Gladstone Commercial Corporation's FY25 operating margin was 37.2%, against a 5-year range of 26.2% to 37.2%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 40.4%.

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 Commercial story?

The main question: the share price moved −0.5% in a year while yearly earnings per share moved −47.4%. 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 Commercial a stock worth studying right now?

What the numbers show: Gladstone Commercial 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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