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6May 14, 2026·SEC
May 11, 2026·SEC
Apr 24, 2026·SEC
Gladstone Land Corporation (LAND) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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Gladstone Land Corporation (LAND) stock price & volume — 10-year historical chart
Gladstone Land Corporation (LAND) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Gladstone Land Corporation (LAND) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 11, 2026 | $0.08vs $0.22+136.0% | $17Mvs $14M+16.5% |
| Q1 2026 | Feb 24, 2026 | $0.38vs $0.30+26.7% | $41Mvs $29M+41.1% |
| Q4 2025 | Nov 5, 2025 | $0.04vs $0.03+233.3% | $18Mvs $32M-44.5% |
| Q3 2025 | Aug 7, 2025 | $0.09vs $0.03-400.0% | $12Mvs $16M-21.3% |
Gladstone Land Corporation (LAND) competitors in Non-Industrial Diversified REITs — business model, growth, and fundamentals comparison
Gladstone Land Corporation (LAND) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Gladstone Land Corporation (LAND) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 25.12M | 36.69M | 40.69M | 57.03M | 75.32M | 89.24M | 90.4M | 85.22M | 88.34M | 88.09M |
Revenue Growth % | 45.07% | 46.04% | 10.92% | 40.15% | 32.06% | 18.48% | 1.3% | -5.73% | 3.66% | 7.73% |
Property Operating Expenses | 1.17M | 2.04M | 2.47M | 1.85M | 2.54M | 2.82M | 4.2M | 5.33M | 93.39M | 97.99M |
Net Operating Income (NOI) | 23.96M▲ 0% | 34.64M▲ 44.6% | 38.22M▲ 10.3% | 55.18M▲ 44.4% | 72.78M▲ 31.9% | 86.42M▲ 18.7% | 86.2M▼ 0.3% | 79.88M▼ 7.3% | -5.05M▼ 106.3% | -9.9M▲ 0% |
NOI Margin % | 95.36% | 94.43% | 93.92% | 96.76% | 96.63% | 96.84% | 95.35% | 93.74% | -5.72% | -11.24% |
Operating Expenses | 12.45M | 22.53M | 18.91M | 27.53M | 41.08M | 51.64M | 52.71M | 48.5M | -29.04M | -31.05M |
G&A Expenses | 4.53M | 5.48M | 5.28M | 7.84M | 9.99M | 13.05M | 13.78M | 13.34M | 4.96M | 2.83M |
EBITDA | 25.12M | 37.78M | 32.1M | 44.35M | 59.01M | 70.23M | 70.74M | 66.49M | 58.54M | 57.69M |
EBITDA Margin % | 100% | 102.98% | 78.88% | 77.77% | 78.35% | 78.7% | 78.25% | 78.03% | 66.27% | 65.49% |
Depreciation & Amortization | 13.75M | 25.67M | 12.79M | 16.7M | 27.3M | 35.46M | 37.25M | 35.11M | 34.55M | 36.54M |
D&A / Revenue % | 54.72% | 69.97% | 31.43% | 29.29% | 36.25% | 39.73% | 41.21% | 41.2% | 39.11% | 41.48% |
Operating Income | 11.38M▲ 0% | 12.11M▲ 6.5% | 19.31M▲ 59.4% | 27.65M▲ 43.2% | 31.7M▲ 14.7% | 34.77M▲ 9.7% | 33.48M▼ 3.7% | 31.38M▼ 6.3% | 23.99M▼ 23.5% | 21.15M▲ 0% |
Operating Margin % | 45.28% | 33.01% | 47.44% | 48.48% | 42.09% | 38.97% | 37.04% | 36.82% | 27.16% | 24.01% |
Interest Expense | 9.76M | 12.13M | 16.33M | 0 | 0 | 25.74M | 23.66M | 21.89M | 23.04M | 4M |
Interest Coverage | 1.00x | 1.23x | 1.11x | - | - | 1.18x | 1.62x | 1.61x | 1.59x | - |
Non-Operating Income | 1.65M | -3.88M | 1.21M | 2.08M | 3.31M | 4.32M | -4.75M | -3.79M | -12.58M | 4.96M |
Pretax Income | -34K▲ 0% | 2.77M▲ 8235.3% | 1.76M▼ 36.3% | 4.96M▲ 181.2% | 3.51M▼ 29.1% | 4.72M▲ 34.2% | 14.56M▲ 208.8% | 13.29M▼ 8.8% | 13.53M▲ 1.8% | -5.88M▲ 0% |
Pretax Margin % | -0.14% | 7.54% | 4.33% | 8.69% | 4.67% | 5.28% | 16.11% | 15.6% | 15.31% | -6.68% |
Income Tax | 0 | 2.78M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Effective Tax Rate % | 0% | 100.65% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Net Income | -31K▲ 0% | 2.63M▲ 8580.6% | 1.74M▼ 33.8% | 4.93M▲ 182.9% | 3.5M▼ 29.0% | 4.71M▲ 34.7% | 14.56M▲ 209.4% | 13.29M▼ 8.8% | 13.53M▲ 1.8% | -5.88M▲ 0% |
Net Margin % | -0.12% | 7.17% | 4.28% | 8.64% | 4.64% | 5.28% | 16.11% | 15.6% | 15.31% | -6.68% |
Net Income Growth % | -106.92% | 8580.65% | -33.78% | 182.94% | -29.05% | 34.71% | 209.37% | -8.75% | 1.8% | -139.67% |
Funds From Operations (FFO) | 13.71M▲ 0% | 28.3M▲ 106.3% | 14.53M▼ 48.7% | 21.63M▲ 48.8% | 30.8M▲ 42.4% | 40.16M▲ 30.4% | 51.82M▲ 29.0% | 48.4M▼ 6.6% | 48.08M▼ 0.7% | 30.66M▲ 0% |
FFO Margin % | 54.59% | 77.13% | 35.71% | 37.92% | 40.89% | 45.01% | 57.32% | 56.8% | 54.42% | 34.8% |
FFO Growth % | 28.08% | 106.33% | -48.65% | 48.84% | 42.41% | 30.4% | 29.02% | -6.59% | -0.67% | -101.2% |
FFO per Share | 1.14 | 1.83 | 0.74 | 0.97 | 1.01 | 1.16 | 1.45 | 1.35 | 1.32 | 0.75 |
FFO Payout Ratio % | 46.44% | 29.24% | 71.98% | 55.64% | 53.54% | 47.04% | 38.19% | 41.52% | 42.57% | 50.22% |
EPS (Diluted) | -0.00▲ 0% | 0.17▲ 6638.5% | -0.13▼ 176.5% | -0.20▼ 53.8% | -0.29▼ 45.0% | -0.43▼ 48.3% | -0.28▲ 34.9% | -0.29▼ 3.6% | -0.29▲ 0.0% | -0.14▲ 0% |
EPS Growth % | -106.5% | - | -176.47% | -53.85% | -45% | -48.28% | 34.88% | -3.57% | 0% | -212% |
EPS (Basic) | -0.00 | 0.17 | -0.13 | -0.20 | -0.29 | -0.43 | -0.28 | -0.29 | -0.29 | - |
Diluted Shares Outstanding | 12.06M | 15.5M | 19.6M | 22.26M | 30.36M | 34.56M | 35.73M | 35.91M | 36.51M | 40.86M |
Gladstone Land Corporation (LAND) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Assets | 462.28M | 565.12M | 816.79M | 1.07B | 1.35B | 1.46B | 1.39B | 1.31B | 1.24B | 1.2B |
Asset Growth % | 38.41% | 22.25% | 44.53% | 30.67% | 26.63% | 7.82% | -4.8% | -5.42% | -5.56% | -25.59% |
Real Estate & Other Assets | 2.83M | 5.75M | 798.27M | 1.05B | 1.33B | 1.39B | 1.31B | 1.24B | -1.15B | -1.14B |
PP&E (Net) | 449.49M | 538.95M | 0 | 136K | 34.67M | 0 | 0 | 0 | 0 | 0 |
Investment Securities | -1000K | -1000K | 0 | 1000K | 1000K | 0 | 0 | 0 | 1000K | 1000K |
Total Current Assets | 4.47M | 14.73M | 13.69M | 9.22M | 16.71M | 61.14M | 72.2M | 64.59M | 28.84M | 12.95M |
Cash & Equivalents | 2.94M | 14.73M | 13.69M | 9.22M | 16.71M | 61.14M | 18.57M | 18.27M | 27.18M | 8.62M |
Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 5.49M | 5.69M | 4.83M | 3.73M | 4.46M | 5.7M | 4.78M | 3.59M | 3.13M | 3.03M |
Total Liabilities | 344.33M | 384.07M | 537.82M | 683.5M | 762.48M | 725.89M | 667.71M | 625.01M | 568.89M | 515.39M |
Total Debt | 301M | 335.89M | 481.93M | 624.06M | 667.98M | 626.5M | 574.11M | 527.52M | 537.91M | 488.23M |
Net Debt | 298.06M | 321.16M | 468.24M | 614.84M | 651.27M | 565.36M | 555.54M | 509.25M | 510.73M | 479.6M |
Long-Term Debt | 291M | 335.79M | 481.83M | 623.96M | 667.88M | 626.4M | 573.91M | 523.92M | 518.72M | 473.04M |
Short-Term Borrowings | 10M | 100K | 100K | 100K | 100K | 100K | 200K | 3.6M | 17.25M | 11.22M |
Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.94M | 5.91M |
Total Current Liabilities | 18.34M | 10.2M | 12.4M | 11.66M | 15.2M | 20.74M | 14.37M | 24.98M | 17.25M | 11.22M |
Accounts Payable | 7.4M | 9.15M | 10.13M | 9.08M | 10.87M | 16.27M | 10.3M | 18.4M | 0 | 0 |
Deferred Revenue | 10M | 100K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Liabilities | 34.99M | 38.18M | 43.59M | 47.87M | 79.4M | 78.75M | 79.43M | 76.11M | 30.98M | 27.16M |
Total Equity | 117.95M▲ 0% | 181.05M▲ 53.5% | 278.97M▲ 54.1% | 383.79M▲ 37.6% | 589.07M▲ 53.5% | 731.36M▲ 24.2% | 719.61M▼ 1.6% | 687.18M▼ 4.5% | 670.29M▼ 2.5% | 688.33M▲ 0% |
Equity Growth % | 34.38% | 53.5% | 54.08% | 37.57% | 53.49% | 24.16% | -1.61% | -4.51% | -2.46% | -12.36% |
Shareholders Equity | 109.92M | 176.25M | 276.62M | 383.79M | 586.82M | 731.36M | 719.61M | 687.18M | 670.29M | 688.33M |
Minority Interest | 8.03M | 4.81M | 2.35M | 0 | 2.25M | 0 | 0 | 0 | 0 | 0 |
Common Stock | 14K | 18K | 21K | 26K | 34K | 35K | 36K | 36K | 38K | 42K |
Additional Paid-in Capital | 129.71M | 202.05M | 315.77M | 440.47M | 668.27M | 836.67M | 856.21M | 854.06M | 870.85M | 904.55M |
Retained Earnings | -19.8M | -25.83M | -38.78M | -55.21M | -80.47M | -114.37M | -144.01M | -174.56M | -205.51M | -221.26M |
Preferred Stock | 27.89M | 1K | 5K | 7K | 9K | 16K | 16K | 16K | 16K | 16K |
Return on Assets (ROA) | -0.01% | 0.51% | 0.25% | 0.52% | 0.29% | 0.34% | 1.02% | 0.98% | 1.06% | -0.48% |
Return on Equity (ROE) | -0.03% | 1.76% | 0.76% | 1.49% | 0.72% | 0.71% | 2.01% | 1.89% | 1.99% | -0.87% |
Debt / Assets | 65.11% | 59.44% | 59% | 58.47% | 49.42% | 42.99% | 41.38% | 40.2% | 43.41% | 40.56% |
Debt / Equity | 2.55x | 1.86x | 1.73x | 1.63x | 1.13x | 0.86x | 0.80x | 0.77x | 0.80x | 0.71x |
Net Debt / EBITDA | 11.86x | 8.50x | 14.59x | 13.86x | 11.04x | 8.05x | 7.85x | 7.66x | 8.72x | 8.31x |
Book Value per Share | 9.78 | 11.68 | 14.23 | 17.24 | 19.40 | 21.16 | 20.14 | 19.14 | 18.36 | 16.85 |
Gladstone Land Corporation (LAND) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 6.51M | 10.41M | 21.37M | 25M | 32.38M | 43.79M | 40.08M | 29.55M | 6.99M | 11.82M |
Operating CF Growth % | -22.46% | 59.75% | 105.32% | 17% | 29.5% | 35.24% | -8.47% | -26.28% | -76.33% | -755.94% |
Operating CF / Revenue % | 25.93% | 28.37% | 52.52% | 43.84% | 42.99% | 49.07% | 44.34% | 34.67% | 7.92% | 13.42% |
Net Income | -34K | 2.77M | 1.76M | 4.96M | 3.51M | 4.72M | 14.56M | 13.29M | 13.53M | -5.88M |
Depreciation & Amortization | 7.24M | 9.38M | 12.79M | 16.7M | 27.3M | 35.46M | 37.25M | 35.11M | 34.65M | 40.71M |
Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Cash Items | 417K | -3.91M | 625K | 2.67M | 3.13M | 5.37M | -2.38M | -19K | 2.95M | 5.76M |
Working Capital Changes | -1.1M | 2.17M | 6.19M | 673K | -1.58M | -1.76M | -9.35M | -18.83M | -44.13M | -38.44M |
Cash from Investing | -129.65M | -93.81M | -262.65M | -272.9M | -295M | -85.48M | -3.77M | 63.31M | 84.07M | 23.63M |
Acquisitions (Net) | 0 | 0 | -587K | -573K | -2.05M | -2.75M | 0 | 0 | -68K | 0 |
Purchase of Investments | -127.83M | -71.44M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -68K |
Sale of Investments | 682K | 132K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62.01M |
Other Investing | -125.12M | -71.2M | -249.77M | -255.82M | -286.83M | -62.61M | 9.04M | 68.5M | 91.3M | -29.21M |
Cash from Financing | 123.63M | 95.19M | 240.24M | 243.43M | 270.11M | 86.13M | -78.88M | -93.15M | -82.16M | -69.75M |
Dividends Paid | -6.37M | -8.65M | -14.11M | -21.02M | -29.17M | -36.96M | -45.09M | -44.34M | -44.47M | -39.39M |
Common Dividends | -6.37M | -8.27M | -10.46M | -12.03M | -16.49M | -18.89M | -19.79M | -20.09M | -20.47M | -15.4M |
Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -2M |
Share Repurchases | -2.57M | -523K | 0 | 0 | 0 | -7.67M | 0 | 0 | -102K | -63.16M |
Other Financing | 35.77M | 68.61M | -10.5M | -7.86M | -9.47M | -14.73M | -955K | -154K | -192K | -5.9M |
Net Change in Cash | 500K▲ 0% | 11.79M▲ 2258.4% | -1.04M▼ 108.8% | -4.47M▼ 329.0% | 7.49M▲ 267.6% | 44.43M▲ 493.2% | -42.57M▼ 195.8% | -296K▲ 99.3% | 8.9M▲ 3107.4% | -34.29M▲ 0% |
Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash at Beginning | 2.44M | 2.94M | 14.73M | 13.69M | 9.22M | 16.71M | 61.14M | 18.57M | 18.27M | 27.18M |
Cash at End | 2.94M | 14.73M | 13.69M | 9.22M | 16.71M | 61.14M | 18.57M | 18.27M | 27.18M | 8.62M |
Free Cash Flow | 1.3M▲ 0% | -12.2M▼ 1035.4% | 9.08M▲ 174.4% | 8.49M▼ 6.5% | 26.26M▲ 209.2% | 23.66M▼ 9.9% | 27.28M▲ 15.3% | 24.35M▼ 10.7% | -168K▼ 100.7% | 6.24M▲ 0% |
FCF Growth % | 193.48% | -1035.35% | 174.44% | -6.48% | 209.2% | -9.88% | 15.27% | -10.72% | -100.69% | -75.13% |
FCF / Revenue % | 5.19% | -33.25% | 22.31% | 14.89% | 34.86% | 26.52% | 30.17% | 28.58% | -0.19% | 7.08% |
Gladstone Land Corporation (LAND) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
FFO per Share | 1.14 | 1.83 | 0.74 | 0.97 | 1.01 | 1.16 | 1.45 | 1.35 | 1.32 | 0.75 |
FFO Payout Ratio | 46.44% | 29.24% | 71.98% | 55.64% | 53.54% | 47.04% | 38.19% | 41.52% | 42.57% | 50.22% |
NOI Margin | 95.36% | 94.43% | 93.92% | 96.76% | 96.63% | 96.84% | 95.35% | 93.74% | -5.72% | -11.24% |
Net Debt / EBITDA | 11.86x | 8.50x | 14.59x | 13.86x | 11.04x | 8.05x | 7.85x | 7.66x | 8.72x | 8.31x |
Debt / Assets | 65.11% | 59.44% | 59% | 58.47% | 49.42% | 42.99% | 41.38% | 40.2% | 43.41% | 40.56% |
Interest Coverage | 1.00x | 1.23x | 1.11x | - | - | 1.18x | 1.62x | 1.61x | 1.59x | - |
Book Value / Share | 9.78 | 11.68 | 14.23 | 17.24 | 19.4 | 21.16 | 20.14 | 19.14 | 18.36 | 16.85 |
Revenue Growth | 45.07% | 46.04% | 10.92% | 40.15% | 32.06% | 18.48% | 1.3% | -5.73% | 3.66% | 7.73% |
Gladstone Land Corporation (LAND) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 14, 2026·SEC
May 11, 2026·SEC
Apr 24, 2026·SEC
Gladstone Land Corporation (LAND) stock FAQ — growth, dividends, profitability & financials explained
Gladstone Land Corporation (LAND) reported $88.1M in revenue for fiscal year 2025. This represents a 3543% increase from $2.4M in 2010.
Gladstone Land Corporation (LAND) grew revenue by 3.7% over the past year. Growth has been modest.
Gladstone Land Corporation (LAND) reported a net loss of $5.9M for fiscal year 2025.
Yes, Gladstone Land Corporation (LAND) pays a dividend with a yield of 6.47%. This makes it attractive for income-focused investors.
Gladstone Land Corporation (LAND) has a return on equity (ROE) of 2.0%. This is below average, suggesting room for improvement.
Gladstone Land Corporation (LAND) generated Funds From Operations (FFO) of $30.7M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Gladstone Land Corporation (LAND) offers a 6.47% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.