FRP Holdings, Inc. (FRPH) vs Gladstone Land Corporation (LAND)
A side-by-side comparison of FRP Holdings, Inc. and Gladstone Land 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 LAND
growth of $100 · dividends reinvested · last 10yFRPH vs LAND: by the numbers
- •LAND is the larger company ($417M vs $386M market cap).
- •FRPH is profitable (0.22% net margin) while LAND runs a net loss (-7.31%).
- •FRPH grew revenue faster over the past five years (10.52% vs 7.36% CAGR).
- •LAND pays a dividend (5.79% yield), while FRPH is a former payer with no current dividend run rate.
Metrics side by side
Valuation
| Metric | FRPH | LAND |
|---|---|---|
| P/E ratio | 3876.92 | N/A |
| P/S ratio | 8.91 | 4.72 |
| P/B ratio | 0.90 | 0.62 |
| EV / EBITDA | 30.48 | 15.48 |
| FCF yield | N/A | 5.94% |
For REITs like Gladstone Land 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 | LAND |
|---|---|---|
| Gross margin | 15.69% | -9.71% |
| Operating margin | 11.57% | 24.01% |
| Net margin | 0.22% | -7.31% |
| ROE | 0.02% | -0.96% |
| ROIC | 0.68% | 1.78% |
Dividends
| Metric | FRPH | LAND |
|---|---|---|
| Dividend yield | N/A | 5.79% |
Gladstone Land 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 | LAND |
|---|---|---|
| Revenue CAGR (5Y) | 10.52% | 7.36% |
| EPS CAGR (5Y) | -23.76% | N/A |
| Total return CAGR (5Y) | -6.35% | -11.96% |
Frequently asked
- Which has grown faster, FRPH or LAND?
- Over the past five years, FRPH grew revenue faster — FRPH at a 10.52% CAGR versus LAND at 7.36%.
- Does FRPH or LAND pay a bigger dividend?
- LAND pays a dividend (5.79% yield), while FRPH is a former payer with no current dividend run rate.
- Is FRPH or LAND more profitable?
- FRPH runs the higher net margin — FRPH at 0.22% versus LAND at -7.31%.
- How have FRPH and LAND total returns compared?
- Over the past 10 years, FRPH delivered 2.53% and LAND delivered 3.92% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
FRP & Gladstone L 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.