Saturday 17 October 2026
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Gladstone Land Corporation
LAND Real Estate Reit Specialty
Gladstone Land Corporation’s revenue for fiscal 2025 (year ended December 2025) was $88.3 million, up 3.66% from fiscal 2024. In the quarter to June 2026, revenue grew 3.22%, EPS grew 15.8%, free cash flow grew 1,646.3% and total debt fell 2.09%, each against the same quarter a year earlier. Dividend growth for three consecutive years.
9.28
0.09
−0.96%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 88.31 | 0.00 | 270.43 |
Piotroski F-Score |
5 | 3 | 5 | 5 | 5 | 5 | 2 | 8 | 4 | 6 |
P/S ratio |
3.78 | 4.57 | 5.72 | 7.17 | 13.61 | 5.71 | 6.25 | 4.85 | 6.52 | 6.50 |
P/FCF ratio |
3.67 | 4.20 | 14.24 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
P/Operating CF |
31.47 | 33.64 | 29.68 | 30.88 | 85.26 | 24.30 | 34.05 | 75.29 | (141.73) | 229.28 |
P/B ratio |
0.50 | 0.57 | 0.72 | 0.87 | 1.74 | 0.85 | 0.91 | 0.98 | 1.39 | 1.28 |
Price to Tangible BV |
0.50 | 0.57 | 0.72 | 0.88 | 1.75 | 0.86 | 0.93 | 1.01 | 1.46 | 1.31 |
EV/Sales |
8.84 | 10.55 | 11.87 | 13.50 | 22.25 | 16.49 | 17.76 | 13.61 | 18.39 | 18.33 |
EV/EBITDA |
11.63 | 13.34 | 14.85 | 17.22 | 28.18 | 20.98 | 22.31 | 23.03 | 24.49 | 25.80 |
EV/Operating CF |
111.61 | 30.42 | 26.76 | 27.52 | 51.77 | 37.63 | 33.81 | 47.96 | 70.90 | 37.78 |
EV/FCF |
8.56 | 9.68 | 29.54 | (31.39) | (6.43) | (3.80) | (3.00) | (5.98) | (3.73) | (3.65) |
Quick Ratio |
1.24 | 0.99 | 1.80 | 3.76 | 1.54 | 1.02 | 1.35 | 1.61 | 0.40 | 0.87 |
Current Ratio |
1.24 | 0.99 | 1.80 | 3.76 | 1.54 | 1.02 | 1.35 | 1.61 | 0.40 | 0.87 |
Net Debt/EBITDA |
6.65 | 7.56 | 7.69 | 8.08 | 10.95 | 13.71 | 14.46 | 14.82 | 15.80 | 16.65 |
Debt/Assets |
38.22% | 40.20% | 41.38% | 42.99% | 49.42% | 58.47% | 59.00% | 59.44% | 65.11% | 62.08% |
Debt/Equity |
0.71 | 0.77 | 0.80 | 0.86 | 1.13 | 1.63 | 1.73 | 1.86 | 2.55 | 2.36 |
Asset Turnover |
0.07 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.07 | 0.06 | 0.06 |
Operating CF/Net income |
(0.67) | (2.83) | (4.07) | (2.92) | (3.69) | (5.69) | (8.55) | 4.63 | (210.16) | 18.76 |
Capex/Depreciation |
1.79 | 1.66 | (0.10) | (2.28) | (10.55) | (15.84) | (20.04) | (9.81) | (17.42) | (18.19) |
Interest Coverage |
1.00 | 1.34 | 1.41 | 1.32 | 1.27 | 1.34 | 1.18 | 1.00 | 1.17 | 1.17 |
| (1.54%) | (1.49%) | (1.36%) | (2.27%) | (1.80%) | (1.33%) | (1.09%) | 1.51% | (0.03%) | 0.54% | |
| (0.82%) | (0.77%) | (0.69%) | (1.07%) | (0.72%) | (0.47%) | (0.36%) | 0.44% | (0.01%) | 0.16% | |
ROIC |
1.12% | 1.53% | 1.64% | 1.63% | 1.60% | 1.73% | 1.61% | 1.51% | 1.71% | 1.51% |
Return on Tangible Assets |
(0.95%) | (0.90%) | (0.79%) | (1.10%) | (0.68%) | (0.42%) | (0.31%) | 0.41% | (0.01%) | 0.14% |
Average Days of Receivables |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
5.61% | 5.96% | 5.73% | 5.32% | 4.87% | 6.22% | 7.85% | 8.25% | 10.00% | 12.41% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
(1.62) | (1.56) | (1.26) | (1.04) | (0.73) | (2.07) | (2.06) | (2.08) | (2.08) | (2.17) |
Graham Number |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.84 | 0.00 | 2.87 |
Earnings Yield |
(1.31%) | (2.67%) | (1.87%) | (2.32%) | (0.86%) | (1.30%) | (1.00%) | 1.13% | (0.03%) | 0.37% |
Free Cash Flow Yield |
27.28% | 23.83% | 7.02% | (6.00%) | (25.43%) | (75.92%) | (94.70%) | (46.86%) | (75.57%) | (77.37%) |
Revenue per Share |
2.42 | 2.37 | 2.53 | 2.58 | 2.48 | 2.56 | 2.08 | 2.37 | 2.08 | 1.73 |
Operating CF per Share |
0.19 | 0.82 | 1.12 | 1.27 | 1.07 | 1.12 | 1.09 | 0.67 | 0.54 | 0.84 |
Capex per Share |
2.30 | 1.76 | (0.11) | (2.38) | (9.65) | (12.24) | (13.37) | (6.05) | (10.81) | (9.54) |
Free Cash Flow per Share |
2.50 | 2.59 | 1.02 | (1.11) | (8.58) | (11.11) | (12.28) | (5.38) | (10.27) | (8.70) |
Cash per Share |
0.74 | 0.51 | 0.52 | 1.77 | 0.55 | 0.41 | 0.70 | 0.95 | 0.24 | 0.24 |
Shareholders Equity per Share |
18.36 | 19.14 | 20.14 | 21.16 | 19.40 | 17.24 | 14.23 | 11.68 | 9.78 | 8.77 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
18.36 | 19.14 | 20.14 | 21.16 | 19.40 | 17.24 | 14.23 | 11.68 | 9.78 | 8.77 |
Free Cash Flow |
91.13 | 92.86 | 36.31 | (38.39) | (260.57) | (247.39) | (240.78) | (83.40) | (123.81) | (87.10) |
Working Capital |
5.17 | (0.13) | 8.27 | 44.88 | 5.83 | 0.14 | 3.56 | 5.58 | (4.46) | (0.36) |
Capital Expenditures |
84.13 | 63.31 | (3.77) | (82.18) | (292.95) | (272.40) | (262.15) | (93.81) | (130.33) | (95.50) |
Net Current Asset Value |
(541.71) | (606.74) | (649.14) | (664.75) | (745.78) | (674.28) | (524.13) | (369.34) | (341.39) | (243.77) |
EV/EBIT |
38.89 | 30.71 | 32.03 | 35.53 | 52.87 | 34.02 | 37.42 | 41.21 | 40.60 | 45.00 |
Capex to Sales |
(0.95) | (0.74) | 0.04 | 0.92 | 3.89 | 4.78 | 6.44 | 2.56 | 5.19 | 5.51 |
Price to Operating Income |
16.64 | 13.31 | 15.44 | 18.86 | 32.33 | 11.78 | 13.17 | 14.69 | 14.40 | 15.96 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.04 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
Cash ROIC |
7.78% | 7.53% | 2.77% | (2.71%) | (20.46%) | (24.32%) | (31.08%) | (15.69%) | (29.35%) | (29.27%) |
Accounts Receivable Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Accounts Payable Turnover |
1.20 | 0.95 | 0.96 | 0.82 | 0.89 | 0.64 | 0.63 | 0.59 | 0.66 | 0.74 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
330.65 | 490.18 | 293.56 | 533.62 | 447.72 | 540.10 | 606.66 | 684.52 | 802.70 | 438.97 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Payables |
20.20 | 14.35 | 13.28 | 13.57 | 9.98 | 9.61 | 9.64 | 8.28 | 5.10 | 3.15 |
Average Assets |
1,275.68 | 1,349.76 | 1,422.29 | 1,404.40 | 1,209.42 | 942.04 | 690.95 | 513.70 | 398.13 | 281.33 |
Average Common Equity |
678.72 | 703.38 | 725.47 | 660.20 | 486.42 | 331.37 | 230.01 | 149.50 | 102.86 | 82.89 |
Columns are period end dates