GLADSTONE COMMERCIAL CORP (GOOD) Stock Fundamental Analysis

USA • Nasdaq • NASDAQ:GOOD • US3765361080

11.6 USD
+0.1 (+0.87%)
At close: Feb 10, 2026
11.5 USD
-0.1 (-0.86%)
After Hours: 2/10/2026, 6:14:54 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to GOOD. GOOD was compared to 122 industry peers in the Diversified REITs industry. While GOOD is still in line with the averages on profitability rating, there are concerns on its financial health. GOOD is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • In the past year GOOD was profitable.
  • In the past year GOOD had a positive cash flow from operations.
  • In multiple years GOOD reported negative net income over the last 5 years.
  • GOOD had a positive operating cash flow in each of the past 5 years.
GOOD Yearly Net Income VS EBIT VS OCF VS FCFGOOD Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M

1.2 Ratios

  • GOOD's Return On Assets of 0.66% is in line compared to the rest of the industry. GOOD outperforms 50.82% of its industry peers.
  • GOOD has a Return On Equity (2.35%) which is in line with its industry peers.
  • GOOD has a Return On Invested Capital of 3.64%. This is in the better half of the industry: GOOD outperforms 68.85% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for GOOD is in line with the industry average of 3.07%.
  • The last Return On Invested Capital (3.64%) for GOOD is above the 3 year average (3.53%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 0.66%
ROE 2.35%
ROIC 3.64%
ROA(3y)0.03%
ROA(5y)-0.01%
ROE(3y)0.02%
ROE(5y)-0.07%
ROIC(3y)3.53%
ROIC(5y)3.14%
GOOD Yearly ROA, ROE, ROICGOOD Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2 -2 4

1.3 Margins

  • With a Profit Margin value of 5.36%, GOOD perfoms like the industry average, outperforming 54.92% of the companies in the same industry.
  • Looking at the Operating Margin, with a value of 36.74%, GOOD is in the better half of the industry, outperforming 79.51% of the companies in the same industry.
  • GOOD's Operating Margin has improved in the last couple of years.
  • The Gross Margin of GOOD (77.68%) is better than 77.87% of its industry peers.
  • GOOD's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 36.74%
PM (TTM) 5.36%
GM 77.68%
OM growth 3Y12.15%
OM growth 5Y2.58%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.16%
GM growth 5Y-1.4%
GOOD Yearly Profit, Operating, Gross MarginsGOOD Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60 80

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

0

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GOOD is destroying value.
  • GOOD has more shares outstanding than it did 1 year ago.
  • GOOD has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, GOOD has an improved debt to assets ratio.
GOOD Yearly Shares OutstandingGOOD Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
GOOD Yearly Total Debt VS Total AssetsGOOD Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

  • Based on the Altman-Z score of -0.08, we must say that GOOD is in the distress zone and has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of -0.08, GOOD is doing worse than 77.87% of the companies in the same industry.
  • GOOD has a Debt/Equity ratio of 2.37. This is a high value indicating a heavy dependency on external financing.
  • GOOD's Debt to Equity ratio of 2.37 is on the low side compared to the rest of the industry. GOOD is outperformed by 72.95% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.37
Debt/FCF N/A
Altman-Z -0.08
ROIC/WACC0.55
WACC6.65%
GOOD Yearly LT Debt VS Equity VS FCFGOOD Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M

2.3 Liquidity

  • GOOD has a Current Ratio of 0.68. This is a bad value and indicates that GOOD is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Current ratio value of 0.68, GOOD is not doing good in the industry: 68.85% of the companies in the same industry are doing better.
  • GOOD has a Quick Ratio of 0.68. This is a bad value and indicates that GOOD is not financially healthy enough and could expect problems in meeting its short term obligations.
  • GOOD has a Quick ratio of 0.68. This is in the lower half of the industry: GOOD underperforms 68.85% of its industry peers.
Industry RankSector Rank
Current Ratio 0.68
Quick Ratio 0.68
GOOD Yearly Current Assets VS Current LiabilitesGOOD Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

2

3. Growth

3.1 Past

  • GOOD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.00%.
  • GOOD shows a small growth in Revenue. In the last year, the Revenue has grown by 4.95%.
  • GOOD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.48% yearly.
EPS 1Y (TTM)-10%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-90%
Revenue 1Y (TTM)4.95%
Revenue growth 3Y2.75%
Revenue growth 5Y5.48%
Sales Q2Q%4.09%

3.2 Future

  • The Earnings Per Share is expected to decrease by -38.26% on average over the next years. This is quite bad
  • GOOD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.16% yearly.
EPS Next Y-52.92%
EPS Next 2Y-23.29%
EPS Next 3Y-38.26%
EPS Next 5YN/A
Revenue Next Year6.02%
Revenue Next 2Y6.15%
Revenue Next 3Y5.74%
Revenue Next 5Y3.16%

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
GOOD Yearly Revenue VS EstimatesGOOD Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 50M 100M 150M
GOOD Yearly EPS VS EstimatesGOOD Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.1 -0.1 0.2 -0.2

More info and screens

Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 64.44, GOOD can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Earnings ratio of GOOD is on the same level as its industry peers.
  • GOOD's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.03.
  • With a Price/Forward Earnings ratio of 75.82, GOOD can be considered very expensive at the moment.
  • GOOD's Price/Forward Earnings ratio is in line with the industry average.
  • GOOD is valuated expensively when we compare the Price/Forward Earnings ratio to 27.97, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 64.44
Fwd PE 75.82
GOOD Price Earnings VS Forward Price EarningsGOOD Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • GOOD's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. GOOD is cheaper than 70.49% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 12.57
GOOD Per share dataGOOD EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 -2 4 6

4.3 Compensation for Growth

  • GOOD has a very decent profitability rating, which may justify a higher PE ratio.
  • A cheap valuation may be justified as GOOD's earnings are expected to decrease with -38.26% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-23.29%
EPS Next 3Y-38.26%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • GOOD has a Yearly Dividend Yield of 10.26%, which is a nice return.
  • GOOD's Dividend Yield is rather good when compared to the industry average which is at 6.81. GOOD pays more dividend than 91.80% of the companies in the same industry.
  • GOOD's Dividend Yield is rather good when compared to the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 10.26%

5.2 History

  • The dividend of GOOD decreases each year by -4.40%.
  • GOOD has been paying a dividend for at least 10 years, so it has a reliable track record.
  • GOOD has decreased its dividend recently.
Dividend Growth(5Y)-4.4%
Div Incr Years0
Div Non Decr Years1
GOOD Yearly Dividends per shareGOOD Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • 803.10% of the earnings are spent on dividend by GOOD. This is not a sustainable payout ratio.
  • The Dividend Rate of GOOD has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP803.1%
EPS Next 2Y-23.29%
EPS Next 3Y-38.26%
GOOD Yearly Income VS Free CF VS DividendGOOD Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M
GOOD Dividend Payout.GOOD Dividend Payout, showing the Payout Ratio.GOOD Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

GLADSTONE COMMERCIAL CORP

NASDAQ:GOOD (2/10/2026, 6:14:54 PM)

After market: 11.5 -0.1 (-0.86%)

11.6

+0.1 (+0.87%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)11-03
Earnings (Next)02-18
Inst Owners51.06%
Inst Owner Change0.29%
Ins Owners1.17%
Ins Owner Change0.12%
Market Cap596.94M
Revenue(TTM)155.25M
Net Income(TTM)8.32M
Analysts80
Price Target12.75 (9.91%)
Short Float %5.04%
Short Ratio4.83
Dividend
Industry RankSector Rank
Dividend Yield 10.26%
Yearly Dividend1.48
Dividend Growth(5Y)-4.4%
DP803.1%
Div Incr Years0
Div Non Decr Years1
Ex-Date03-23
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-70.47%
Min EPS beat(2)-76.23%
Max EPS beat(2)-64.7%
EPS beat(4)2
Avg EPS beat(4)-26.61%
Min EPS beat(4)-76.23%
Max EPS beat(4)20.66%
EPS beat(8)5
Avg EPS beat(8)-19.31%
EPS beat(12)6
Avg EPS beat(12)-80.1%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.36%
Min Revenue beat(2)-0.44%
Max Revenue beat(2)1.15%
Revenue beat(4)1
Avg Revenue beat(4)-1.12%
Min Revenue beat(4)-3.67%
Max Revenue beat(4)1.15%
Revenue beat(8)3
Avg Revenue beat(8)-0.84%
Revenue beat(12)4
Avg Revenue beat(12)-1.91%
Revenue beat(16)5
Avg Revenue beat(16)-1.53%
PT rev (1m)0%
PT rev (3m)-11.35%
EPS NQ rev (1m)12.49%
EPS NQ rev (3m)-61.29%
EPS NY rev (1m)2.85%
EPS NY rev (3m)-48.39%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.28%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.77%
Valuation
Industry RankSector Rank
PE 64.44
Fwd PE 75.82
P/S 3.84
P/FCF N/A
P/OCF 6.27
P/B 1.68
P/tB 2.57
EV/EBITDA 12.57
EPS(TTM)0.18
EY1.55%
EPS(NY)0.15
Fwd EY1.32%
FCF(TTM)-2.7
FCFYN/A
OCF(TTM)1.85
OCFY15.95%
SpS3.02
BVpS6.9
TBVpS4.52
PEG (NY)N/A
PEG (5Y)N/A
Graham Number5.28
Profitability
Industry RankSector Rank
ROA 0.66%
ROE 2.35%
ROCE 4.61%
ROIC 3.64%
ROICexc 3.7%
ROICexgc 4.15%
OM 36.74%
PM (TTM) 5.36%
GM 77.68%
FCFM N/A
ROA(3y)0.03%
ROA(5y)-0.01%
ROE(3y)0.02%
ROE(5y)-0.07%
ROIC(3y)3.53%
ROIC(5y)3.14%
ROICexc(3y)3.56%
ROICexc(5y)3.17%
ROICexgc(3y)4%
ROICexgc(5y)3.56%
ROCE(3y)4.46%
ROCE(5y)3.98%
ROICexgc growth 3Y17.8%
ROICexgc growth 5Y7.28%
ROICexc growth 3Y17.97%
ROICexc growth 5Y7.68%
OM growth 3Y12.15%
OM growth 5Y2.58%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.16%
GM growth 5Y-1.4%
F-Score3
Asset Turnover0.12
Health
Industry RankSector Rank
Debt/Equity 2.37
Debt/FCF N/A
Debt/EBITDA 7.44
Cap/Depr 418.99%
Cap/Sales 150.82%
Interest Coverage 250
Cash Conversion 84.32%
Profit Quality N/A
Current Ratio 0.68
Quick Ratio 0.68
Altman-Z -0.08
F-Score3
WACC6.65%
ROIC/WACC0.55
Cap/Depr(3y)109.89%
Cap/Depr(5y)149.38%
Cap/Sales(3y)44.05%
Cap/Sales(5y)61.91%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-10%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-90%
EPS Next Y-52.92%
EPS Next 2Y-23.29%
EPS Next 3Y-38.26%
EPS Next 5YN/A
Revenue 1Y (TTM)4.95%
Revenue growth 3Y2.75%
Revenue growth 5Y5.48%
Sales Q2Q%4.09%
Revenue Next Year6.02%
Revenue Next 2Y6.15%
Revenue Next 3Y5.74%
Revenue Next 5Y3.16%
EBIT growth 1Y8.21%
EBIT growth 3Y15.23%
EBIT growth 5Y8.21%
EBIT Next Year144.01%
EBIT Next 3Y41.39%
EBIT Next 5YN/A
FCF growth 1Y-999.78%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y56.68%
OCF growth 3Y-6.7%
OCF growth 5Y-1.1%

GLADSTONE COMMERCIAL CORP / GOOD FAQ

What is the fundamental rating for GOOD stock?

ChartMill assigns a fundamental rating of 3 / 10 to GOOD.


What is the valuation status of GLADSTONE COMMERCIAL CORP (GOOD) stock?

ChartMill assigns a valuation rating of 2 / 10 to GLADSTONE COMMERCIAL CORP (GOOD). This can be considered as Overvalued.


What is the profitability of GOOD stock?

GLADSTONE COMMERCIAL CORP (GOOD) has a profitability rating of 6 / 10.


Can you provide the PE and PB ratios for GOOD stock?

The Price/Earnings (PE) ratio for GLADSTONE COMMERCIAL CORP (GOOD) is 64.44 and the Price/Book (PB) ratio is 1.68.


How financially healthy is GLADSTONE COMMERCIAL CORP?

The financial health rating of GLADSTONE COMMERCIAL CORP (GOOD) is 0 / 10.