FRP Holdings, Inc. (FRPH) vs Gladstone Commercial Corporation (GOODO)
A side-by-side comparison of FRP Holdings, Inc. and Gladstone Commercial Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
Total return — FRPH vs GOODO
growth of $100 · dividends reinvested · last 5yFRPH vs GOODO: by the numbers
- •GOODO is the larger company ($564M vs $388M market cap).
- •GOODO converts more revenue to profit (14.55% vs 0.22% net margin).
- •FRPH grew revenue faster over the past five years (10.52% vs 4.89% CAGR).
- •GOODO pays a dividend (8.18% yield), while FRPH is a former payer with no current dividend run rate.
Metrics side by side
Valuation
| Metric | FRPH | GOODO |
|---|---|---|
| P/E ratio | 3897.12 | 34.44 |
| Forward P/E | N/A | 73.12 |
| PEG ratio | N/A | 0.97 |
| P/S ratio | 8.96 | 3.31 |
| P/B ratio | 0.91 | 3.58 |
| EV / EBITDA | 30.60 | 11.12 |
| FCF yield | N/A | 9.61% |
For REITs like Gladstone Commercial Corporation, GAAP P/E is distorted: heavy non-cash property depreciation depresses reported earnings and overstates the multiple. Real-estate companies are valued on funds from operations (FFO / AFFO) and price-to-FFO — see the Funds From Operations section. The P/E is shown for reference only.
Profitability
| Metric | FRPH | GOODO |
|---|---|---|
| Gross margin | 15.69% | 5.94% |
| Operating margin | 11.57% | 39.09% |
| Net margin | 0.22% | 14.55% |
| ROE | 0.02% | 15.74% |
| ROIC | 0.68% | 5.40% |
Dividends
| Metric | FRPH | GOODO |
|---|---|---|
| Dividend yield | N/A | 8.18% |
| Payout ratio | N/A | 282.59% |
Gladstone Commercial Corporation's payout ratio is measured against GAAP earnings, which non-cash depreciation depresses for REITs — the dividend is conventionally assessed against funds from operations (FFO / AFFO) instead, so the GAAP figure overstates the payout burden.
Growth (annualized)
| Metric | FRPH | GOODO |
|---|---|---|
| Revenue CAGR (5Y) | 10.52% | 4.89% |
| EPS CAGR (5Y) | -23.76% | 35.43% |
| FCF CAGR (5Y) | N/A | 2.58% |
| Total return CAGR (5Y) | -6.35% | -0.15% |
Frequently asked
- Which has grown faster, FRPH or GOODO?
- Over the past five years, FRPH grew revenue faster — FRPH at a 10.52% CAGR versus GOODO at 4.89%.
- Does FRPH or GOODO pay a bigger dividend?
- GOODO pays a dividend (8.18% yield), while FRPH is a former payer with no current dividend run rate.
- Is FRPH or GOODO more profitable?
- GOODO runs the higher net margin — FRPH at 0.22% versus GOODO at 14.55%.
- How have FRPH and GOODO total returns compared?
- Over the past 5 years, FRPH delivered -6.35% and GOODO delivered -0.15% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
FRP & Gladstone Commercial appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.