LAND GLADSTONE LAND Corp
Price (delayed)
$11.15
Market cap
$403.46M
P/E Ratio
N/A
Dividend/share
$0.56
EPS
-$0.29
Enterprise value
$912.71M
Founded in 1997, Gladstone Land is a publicly-traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases
Highlights
The debt has declined by 8% year-on-year
LAND's EPS is down by 12% from the previous quarter and by 3.6% YoY
GLADSTONE LAND's net income has decreased by 9% from the previous quarter and by 9% YoY
Key stats
What are the main financial stats of LAND
Market
Valuations
Earnings
Shares outstanding
36.18M
Market cap
$403.46M
Enterprise value
$912.71M
Price to earnings (P/E)
N/A
Price to book (P/B)
0.59
Price to sales (P/S)
4.7
EV/EBIT
25.95
EV/EBITDA
12.99
EV/Sales
10.71
Revenue
$85.22M
Gross profit
$71.51M
Operating income
$29.27M
Net income
$13.29M
EBIT
$35.18M
EBITDA
$70.29M
Free cash flow
$92.86M
Per share
Balance sheet
Liquidity
EPS
-$0.29
EPS diluted
-$0.29
Free cash flow per share
$2.59
Book value per share
$18.99
Revenue per share
$2.37
TBVPS
$36.44
Total assets
$1.31B
Total liabilities
$625.01M
Debt
$527.52M
Equity
$687.18M
Working capital
N/A
Debt to equity
0.77
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
7.25
Margins
Efficiency
Dividend
EBITDA margin
82.5%
Gross margin
83.9%
Net margin
15.6%
Operating margin
34.4%
Return on assets
-0.8%
Return on equity
-1.5%
Return on invested capital
1.9%
Return on capital employed
N/A
Return on sales
41.3%
Dividend yield
5.02%
DPS
$0.56
Payout ratio
N/A
LAND stock price
How has the GLADSTONE LAND stock price performed over time
Intraday
0.41%
1 week
-4.04%
1 month
5.99%
1 year
-14.36%
YTD
2.76%
QTD
2.76%
Financial performance
How have GLADSTONE LAND's revenue and profit performed over time
Revenue
$85.22M
Gross profit
$71.51M
Operating income
$29.27M
Net income
$13.29M
Gross margin
83.9%
Net margin
15.6%
The operating income is down by 13% YoY and by 5% QoQ
GLADSTONE LAND's net income has decreased by 9% from the previous quarter and by 9% YoY
GLADSTONE LAND's operating margin has decreased by 7% YoY
LAND's gross profit is down by 6% year-on-year and by 3.6% since the previous quarter
Growth
What is GLADSTONE LAND's growth rate over time
Valuation
What is GLADSTONE LAND stock price valuation
P/E
N/A
P/B
0.59
P/S
4.7
EV/EBIT
25.95
EV/EBITDA
12.99
EV/Sales
10.71
LAND's EPS is down by 12% from the previous quarter and by 3.6% YoY
The P/B is 42% lower than the 5-year quarterly average of 1.0 and 17% lower than the last 4 quarters average of 0.7
The company's equity fell by 4.5% YoY
The P/S is 38% lower than the 5-year quarterly average of 7.6 and 12% lower than the last 4 quarters average of 5.3
The revenue has decreased by 6% YoY and by 3.8% from the previous quarter
Efficiency
How efficient is GLADSTONE LAND business performance
LAND's return on equity is down by 15% since the previous quarter and by 15% year-on-year
The ROA fell by 14% QoQ and by 14% YoY
LAND's return on invested capital is down by 5% since the previous quarter
LAND's ROS is down by 2.4% YoY
Dividends
What is LAND's dividend history
DPS
$0.56
Dividend yield
5.02%
Payout ratio
N/A
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did GLADSTONE LAND financials performed over time
GLADSTONE LAND's total assets is 110% more than its total liabilities
GLADSTONE LAND's total liabilities has decreased by 6% YoY
GLADSTONE LAND's total assets has decreased by 5% YoY
The debt is 23% smaller than the equity
The debt has declined by 8% year-on-year
The company's equity fell by 4.5% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.