Asset Management
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GLAD vs BX
Revenue, margins, valuation, and 5-year total return — side by side.
Asset Management
GLAD vs BX — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Asset Management | Asset Management |
| Market Cap | $434M | $97.70B |
| Revenue (TTM) | $145M | $13.83B |
| Net Income (TTM) | $28M | $3.02B |
| Gross Margin | 87.3% | 86.0% |
| Operating Margin | 55.5% | 51.9% |
| Forward P/E | 9.9x | 20.9x |
| Total Debt | $398M | $13.31B |
| Cash & Equiv. | $32M | $2.63B |
GLAD vs BX — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Gladstone Capital C… (GLAD) | 100 | 137.0 | +37.0% |
| Blackstone Inc. (BX) | 100 | 219.5 | +119.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: GLAD vs BX
Each card shows where this stock fits in a portfolio — not just who wins on paper.
GLAD carries the broadest edge in this set and is the clearest fit for income & stability and sleep-well-at-night.
- Dividend streak 4 yrs, beta 0.73, yield 12.7%
- Lower volatility, beta 0.73, Low D/E 82.5%, current ratio 9.90x
- Beta 0.73, yield 12.7%, current ratio 9.90x
BX is the clearest fit if your priority is growth exposure and long-term compounding.
- Rev growth 21.6%, EPS growth 7.2%
- 487.1% 10Y total return vs GLAD's 160.4%
- 21.6% NII/revenue growth vs GLAD's 20.4%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 21.6% NII/revenue growth vs GLAD's 20.4% | |
| Value | Lower P/E (9.9x vs 20.9x) | |
| Quality / Margins | Efficiency ratio 0.3% vs BX's 0.3% (lower = leaner) | |
| Stability / Safety | Beta 0.73 vs BX's 1.53 | |
| Dividends | 12.7% yield, 4-year raise streak, vs BX's 6.2% | |
| Momentum (1Y) | -3.2% vs GLAD's -16.1% | |
| Efficiency (ROA) | Efficiency ratio 0.3% vs BX's 0.3% |
GLAD vs BX — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
GLAD vs BX — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
GLAD leads this category, winning 4 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
BX is the larger business by revenue, generating $13.8B annually — 95.5x GLAD's $145M. GLAD is the more profitable business, keeping 40.1% of every revenue dollar as net income compared to BX's 21.8%.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $145M | $13.8B |
| EBITDAEarnings before interest/tax | $28M | $7.2B |
| Net IncomeAfter-tax profit | $28M | $3.0B |
| Free Cash FlowCash after capex | -$70M | $3.5B |
| Gross MarginGross profit ÷ Revenue | +87.3% | +86.0% |
| Operating MarginEBIT ÷ Revenue | +55.5% | +51.9% |
| Net MarginNet income ÷ Revenue | +40.1% | +21.8% |
| FCF MarginFCF ÷ Revenue | +30.1% | +12.6% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | -100.0% | +41.3% |
Valuation Metrics
GLAD leads this category, winning 6 of 6 comparable metrics.
Valuation Metrics
At 7.5x trailing earnings, GLAD trades at a 77% valuation discount to BX's 32.1x P/E. On an enterprise value basis, GLAD's 6.5x EV/EBITDA is more attractive than BX's 15.0x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $434M | $97.7B |
| Enterprise ValueMkt cap + debt − cash | $799M | $108.4B |
| Trailing P/EPrice ÷ TTM EPS | 7.53x | 32.14x |
| Forward P/EPrice ÷ next-FY EPS est. | 9.91x | 20.89x |
| PEG RatioP/E ÷ EPS growth rate | — | 1.54x |
| EV / EBITDAEnterprise value multiple | 6.54x | 15.02x |
| Price / SalesMarket cap ÷ Revenue | 3.00x | 7.07x |
| Price / BookPrice ÷ Book value/share | 0.90x | 4.45x |
| Price / FCFMarket cap ÷ FCF | 9.95x | 55.99x |
Profitability & Efficiency
BX leads this category, winning 6 of 8 comparable metrics.
Profitability & Efficiency
BX delivers a 14.3% return on equity — every $100 of shareholder capital generates $14 in annual profit, vs $6 for GLAD. BX carries lower financial leverage with a 0.61x debt-to-equity ratio, signaling a more conservative balance sheet compared to GLAD's 0.83x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +5.6% | +14.3% |
| ROA (TTM)Return on assets | +3.2% | +6.5% |
| ROICReturn on invested capital | +7.2% | +16.1% |
| ROCEReturn on capital employed | +9.4% | +16.9% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 |
| Debt / EquityFinancial leverage | 0.83x | 0.61x |
| Net DebtTotal debt minus cash | $365M | $10.7B |
| Cash & Equiv.Liquid assets | $32M | $2.6B |
| Total DebtShort + long-term debt | $398M | $13.3B |
| Interest CoverageEBIT ÷ Interest expense | 1.27x | 14.12x |
Total Returns (Dividends Reinvested)
BX leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in BX five years ago would be worth $16,476 today (with dividends reinvested), compared to $13,142 for GLAD. Over the past 12 months, BX leads with a -3.2% total return vs GLAD's -16.1%. The 3-year compound annual growth rate (CAGR) favors BX at 19.1% vs GLAD's 10.9% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -4.3% | -19.8% |
| 1-Year ReturnPast 12 months | -16.1% | -3.2% |
| 3-Year ReturnCumulative with dividends | +36.2% | +68.9% |
| 5-Year ReturnCumulative with dividends | +31.4% | +64.8% |
| 10-Year ReturnCumulative with dividends | +160.4% | +487.1% |
| CAGR (3Y)Annualised 3-year return | +10.9% | +19.1% |
Risk & Volatility
Evenly matched — GLAD and BX each lead in 1 of 2 comparable metrics.
Risk & Volatility
GLAD is the less volatile stock with a 0.73 beta — it tends to amplify market swings less than BX's 1.53 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.73x | 1.53x |
| 52-Week HighHighest price in past year | $29.50 | $190.09 |
| 52-Week LowLowest price in past year | $16.54 | $101.73 |
| % of 52W HighCurrent price vs 52-week peak | +65.1% | +65.6% |
| RSI (14)Momentum oscillator 0–100 | 62.3 | 51.8 |
| Avg Volume (50D)Average daily shares traded | 222K | 7.2M |
Analyst Outlook
GLAD leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates GLAD as "Hold" and BX as "Buy". Consensus price targets imply 25.3% upside for BX (target: $156) vs 12.8% for GLAD (target: $22). For income investors, GLAD offers the higher dividend yield at 12.74% vs BX's 6.18%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $21.67 | $156.29 |
| # AnalystsCovering analysts | 14 | 29 |
| Dividend YieldAnnual dividend ÷ price | +12.7% | +6.2% |
| Dividend StreakConsecutive years of raises | 4 | 2 |
| Dividend / ShareAnnual DPS | $2.45 | $7.70 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +0.3% |
GLAD leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). BX leads in 2 (Profitability & Efficiency, Total Returns). 1 tied.
GLAD vs BX: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is GLAD or BX a better buy right now?
For growth investors, Blackstone Inc.
(BX) is the stronger pick with 21. 6% revenue growth year-over-year, versus 20. 4% for Gladstone Capital Corporation (GLAD). Gladstone Capital Corporation (GLAD) offers the better valuation at 7. 5x trailing P/E (9. 9x forward), making it the more compelling value choice. Analysts rate Blackstone Inc. (BX) a "Buy" — based on 29 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 has the better valuation — GLAD or BX?
On trailing P/E, Gladstone Capital Corporation (GLAD) is the cheapest at 7.
5x versus Blackstone Inc. at 32. 1x. On forward P/E, Gladstone Capital Corporation is actually cheaper at 9. 9x.
03Which is the better long-term investment — GLAD or BX?
Over the past 5 years, Blackstone Inc.
(BX) delivered a total return of +64. 8%, compared to +31. 4% for Gladstone Capital Corporation (GLAD). Over 10 years, the gap is even starker: BX returned +487. 1% versus GLAD's +160. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — GLAD or BX?
By beta (market sensitivity over 5 years), Gladstone Capital Corporation (GLAD) is the lower-risk stock at 0.
73β versus Blackstone Inc. 's 1. 53β — meaning BX is approximately 109% more volatile than GLAD relative to the S&P 500. On balance sheet safety, Blackstone Inc. (BX) carries a lower debt/equity ratio of 61% versus 83% for Gladstone Capital Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — GLAD or BX?
By revenue growth (latest reported year), Blackstone Inc.
(BX) is pulling ahead at 21. 6% versus 20. 4% for Gladstone Capital Corporation (GLAD). On earnings-per-share growth, the picture is similar: Blackstone Inc. grew EPS 7. 2% year-over-year, compared to -41. 2% for Gladstone Capital Corporation. 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.
06Which has better profit margins — GLAD or BX?
Gladstone Capital Corporation (GLAD) is the more profitable company, earning 40.
1% net margin versus 21. 8% for Blackstone Inc. — meaning it keeps 40. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: GLAD leads at 55. 5% versus 51. 9% for BX. At the gross margin level — before operating expenses — GLAD leads at 87. 3%, 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.
07Is GLAD or BX more undervalued right now?
On forward earnings alone, Gladstone Capital Corporation (GLAD) trades at 9.
9x forward P/E versus 20. 9x for Blackstone Inc. — 11. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for BX: 25. 3% to $156. 29.
08Which pays a better dividend — GLAD or BX?
All stocks in this comparison pay dividends.
Gladstone Capital Corporation (GLAD) offers the highest yield at 12. 7%, versus 6. 2% for Blackstone Inc. (BX).
09Is GLAD or BX better for a retirement portfolio?
For long-horizon retirement investors, Gladstone Capital Corporation (GLAD) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
73), 12. 7% yield, +160. 4% 10Y return). Blackstone Inc. (BX) carries a higher beta of 1. 53 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (GLAD: +160. 4%, BX: +487. 1%), 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.
10What are the main differences between GLAD and BX?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
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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