REIT - Industrial
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LAND vs ILPT
Revenue, margins, valuation, and 5-year total return — side by side.
REIT - Industrial
LAND vs ILPT — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | REIT - Industrial | REIT - Industrial |
| Market Cap | $354M | $527M |
| Revenue (TTM) | $76M | $453M |
| Net Income (TTM) | $-10M | $-54M |
| Gross Margin | 87.4% | 10.9% |
| Operating Margin | 78.6% | 33.1% |
| Total Debt | $0.00 | $4.22B |
| Cash & Equiv. | $27M | $183M |
LAND vs ILPT — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Gladstone Land Corp… (LAND) | 100 | 67.2 | -32.8% |
| Industrial Logistic… (ILPT) | 100 | 42.2 | -57.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: LAND vs ILPT
Each card shows where this stock fits in a portfolio — not just who wins on paper.
LAND is the clearest fit if your priority is income & stability and long-term compounding.
- Dividend streak 6 yrs, beta 0.68, yield 6.7%
- 42.9% 10Y total return vs ILPT's -41.0%
- Lower volatility, beta 0.68
ILPT carries the broadest edge in this set and is the clearest fit for growth exposure.
- Rev growth 1.5%, EPS growth 31.5%, 3Y rev CAGR 5.0%
- 1.5% FFO/revenue growth vs LAND's -10.7%
- Better valuation composite
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 1.5% FFO/revenue growth vs LAND's -10.7% | |
| Value | Better valuation composite | |
| Quality / Margins | -11.9% margin vs LAND's -13.8% | |
| Stability / Safety | Beta 0.68 vs ILPT's 1.62 | |
| Dividends | 6.7% yield, 6-year raise streak, vs ILPT's 1.5% | |
| Momentum (1Y) | +177.7% vs LAND's +11.2% | |
| Efficiency (ROA) | -0.8% ROA vs ILPT's -1.0%, ROIC 4.9% vs 2.2% |
LAND vs ILPT — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
LAND leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
ILPT is the larger business by revenue, generating $453M annually — 6.0x LAND's $76M. Profitability is closely matched — net margins range from -11.9% (ILPT) to -13.8% (LAND). On growth, LAND holds the edge at +38.6% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $76M | $453M |
| EBITDAEarnings before interest/tax | $94M | $306M |
| Net IncomeAfter-tax profit | -$10M | -$54M |
| Free Cash FlowCash after capex | $5M | $65M |
| Gross MarginGross profit ÷ Revenue | +87.4% | +10.9% |
| Operating MarginEBIT ÷ Revenue | +78.6% | +33.1% |
| Net MarginNet income ÷ Revenue | -13.8% | -11.9% |
| FCF MarginFCF ÷ Revenue | +6.2% | +14.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | +38.6% | +4.0% |
| EPS Growth (YoY)Latest quarter vs prior year | +66.7% | +57.6% |
Valuation Metrics
LAND leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, LAND's 3.5x EV/EBITDA is more attractive than ILPT's 14.6x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $354M | $527M |
| Enterprise ValueMkt cap + debt − cash | $327M | $4.6B |
| Trailing P/EPrice ÷ TTM EPS | -33.62x | -7.91x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 3.46x | 14.59x |
| Price / SalesMarket cap ÷ Revenue | 4.65x | 1.17x |
| Price / BookPrice ÷ Book value/share | 0.53x | 0.58x |
| Price / FCFMarket cap ÷ FCF | 50.62x | 8.69x |
Profitability & Efficiency
LAND leads this category, winning 7 of 8 comparable metrics.
Profitability & Efficiency
LAND delivers a -1.6% return on equity — every $100 of shareholder capital generates $-2 in annual profit, vs $-6 for ILPT. On the Piotroski fundamental quality scale (0–9), ILPT scores 4/9 vs LAND's 2/9, reflecting mixed financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -1.6% | -5.9% |
| ROA (TTM)Return on assets | -0.8% | -1.0% |
| ROICReturn on invested capital | +4.9% | +2.2% |
| ROCEReturn on capital employed | +4.7% | +3.3% |
| Piotroski ScoreFundamental quality 0–9 | 2 | 4 |
| Debt / EquityFinancial leverage | — | 4.69x |
| Net DebtTotal debt minus cash | -$27M | $4.0B |
| Cash & Equiv.Liquid assets | $27M | $183M |
| Total DebtShort + long-term debt | $0 | $4.2B |
| Interest CoverageEBIT ÷ Interest expense | 2.99x | 0.61x |
Total Returns (Dividends Reinvested)
ILPT leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in LAND five years ago would be worth $5,616 today (with dividends reinvested), compared to $3,803 for ILPT. Over the past 12 months, ILPT leads with a +177.7% total return vs LAND's +11.2%. The 3-year compound annual growth rate (CAGR) favors ILPT at 62.2% vs LAND's -10.2% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +8.8% | +44.8% |
| 1-Year ReturnPast 12 months | +11.2% | +177.7% |
| 3-Year ReturnCumulative with dividends | -27.5% | +326.6% |
| 5-Year ReturnCumulative with dividends | -43.8% | -62.0% |
| 10-Year ReturnCumulative with dividends | +42.9% | -41.0% |
| CAGR (3Y)Annualised 3-year return | -10.2% | +62.2% |
Risk & Volatility
Evenly matched — LAND and ILPT each lead in 1 of 2 comparable metrics.
Risk & Volatility
LAND is the less volatile stock with a 0.68 beta — it tends to amplify market swings less than ILPT's 1.62 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ILPT currently trades 96.6% from its 52-week high vs LAND's 75.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.68x | 1.62x |
| 52-Week HighHighest price in past year | $13.00 | $8.19 |
| 52-Week LowLowest price in past year | $8.47 | $2.84 |
| % of 52W HighCurrent price vs 52-week peak | +75.0% | +96.6% |
| RSI (14)Momentum oscillator 0–100 | 41.0 | 71.4 |
| Avg Volume (50D)Average daily shares traded | 543K | 312K |
Analyst Outlook
LAND leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates LAND as "Buy" and ILPT as "Buy". Consensus price targets imply 2.6% upside for LAND (target: $10) vs -6.4% for ILPT (target: $7). For income investors, LAND offers the higher dividend yield at 6.74% vs ILPT's 1.53%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $10.00 | $7.40 |
| # AnalystsCovering analysts | 11 | 9 |
| Dividend YieldAnnual dividend ÷ price | +6.7% | +1.5% |
| Dividend StreakConsecutive years of raises | 6 | 2 |
| Dividend / ShareAnnual DPS | $0.66 | $0.12 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.1% |
LAND leads in 4 of 6 categories (Income & Cash Flow, Valuation Metrics). ILPT leads in 1 (Total Returns). 1 tied.
LAND vs ILPT: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is LAND or ILPT a better buy right now?
For growth investors, Industrial Logistics Properties Trust (ILPT) is the stronger pick with 1.
5% revenue growth year-over-year, versus -10. 7% for Gladstone Land Corporation (LAND). Analysts rate Gladstone Land Corporation (LAND) a "Buy" — based on 11 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — LAND or ILPT?
Over the past 5 years, Gladstone Land Corporation (LAND) delivered a total return of -43.
8%, compared to -62. 0% for Industrial Logistics Properties Trust (ILPT). Over 10 years, the gap is even starker: LAND returned +42. 9% versus ILPT's -41. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — LAND or ILPT?
By beta (market sensitivity over 5 years), Gladstone Land Corporation (LAND) is the lower-risk stock at 0.
68β versus Industrial Logistics Properties Trust's 1. 62β — meaning ILPT is approximately 139% more volatile than LAND relative to the S&P 500.
04Which is growing faster — LAND or ILPT?
By revenue growth (latest reported year), Industrial Logistics Properties Trust (ILPT) is pulling ahead at 1.
5% versus -10. 7% for Gladstone Land Corporation (LAND). On earnings-per-share growth, the picture is similar: Industrial Logistics Properties Trust grew EPS 31. 5% year-over-year, compared to 0. 0% for Gladstone Land Corporation. Over a 3-year CAGR, ILPT leads at 5. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — LAND or ILPT?
Gladstone Land Corporation (LAND) is the more profitable company, earning -13.
8% net margin versus -14. 7% for Industrial Logistics Properties Trust — meaning it keeps -13. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: LAND leads at 78. 6% versus 33. 0% for ILPT. At the gross margin level — before operating expenses — LAND leads at 87. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Which pays a better dividend — LAND or ILPT?
All stocks in this comparison pay dividends.
Gladstone Land Corporation (LAND) offers the highest yield at 6. 7%, versus 1. 5% for Industrial Logistics Properties Trust (ILPT).
07Is LAND or ILPT better for a retirement portfolio?
For long-horizon retirement investors, Gladstone Land Corporation (LAND) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
68), 6. 7% yield). Industrial Logistics Properties Trust (ILPT) carries a higher beta of 1. 62 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (LAND: +42. 9%, ILPT: -41. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
08What are the main differences between LAND and ILPT?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: LAND is a small-cap income-oriented stock; ILPT is a small-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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