Which has grown faster, FWDI or GAIN?

Over the past five years, GAIN grew revenue faster — FWDI at a -12.01% CAGR versus GAIN at 1.06%.

Does FWDI or GAIN pay a bigger dividend?

GAIN pays a dividend (6.18% yield), while FWDI has no payments in the available dividend history.

Is FWDI or GAIN more profitable?

GAIN runs the higher net margin — FWDI at -2073.85% versus GAIN at 155.95%.

How have FWDI and GAIN total returns compared?

Over the past 10 years, FWDI delivered -11.84% and GAIN delivered 14.89% annualized total return. Past performance doesn't predict future results.

Forward Industries, Inc. (FWDI) vs Gladstone Investment Corp. (GAIN)

A side-by-side comparison of Forward Industries, Inc. and Gladstone Investment Corp. 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.

FWDI

Forward Industries, Inc.

$608M

$8.25Financial ServicesDelayed quote: Oct 6, 2026, 1:30 PM EDT

GAIN

Gladstone Investment Corp.

$616M

$15.47Financial ServicesDelayed quote: Oct 6, 2026, 1:30 PM EDT

Total return — FWDI vs GAIN

growth of $100 · dividends reinvested · last 10y

FWDI -71.8% (-11.9%/yr)GAIN +298.1% (+14.8%/yr)GAIN compounded faster over this window

Log scale — wide-divergence pair

FWDI GAIN

FWDI vs GAIN: by the numbers

•GAIN is the larger company ($616M vs $608M market cap).
•GAIN is profitable (155.95% net margin) while FWDI runs a net loss (-2073.85%).
•GAIN grew revenue faster over the past five years (1.06% vs -12.01% CAGR).
•GAIN pays a dividend (6.18% yield), while FWDI has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	FWDI	GAIN
P/E ratio	N/A	3.70
Forward P/E	38.65	15.43
PEG ratio	N/A	0.12
P/S ratio	11.45	5.82
P/B ratio	1.28	0.95

Profitability

Metric	FWDI	GAIN
Gross margin	N/A	19.38%
Operating margin	-35.00%	315.85%
Net margin	-2073.85%	155.95%
ROE	-232.31%	25.53%

Forward Industries, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

Metric	FWDI	GAIN
Dividend yield	N/A	6.18%
Payout ratio	N/A	22.97%

Growth (annualized)

Metric	FWDI	GAIN
Revenue CAGR (5Y)	-12.01%	1.06%
EPS CAGR (5Y)	N/A	30.10%
Total return CAGR (5Y)	-18.32%	10.80%

Frequently asked

Which has grown faster, FWDI or GAIN?: Over the past five years, GAIN grew revenue faster — FWDI at a -12.01% CAGR versus GAIN at 1.06%.
Does FWDI or GAIN pay a bigger dividend?: GAIN pays a dividend (6.18% yield), while FWDI has no payments in the available dividend history.
Is FWDI or GAIN more profitable?: GAIN runs the higher net margin — FWDI at -2073.85% versus GAIN at 155.95%.
How have FWDI and GAIN total returns compared?: Over the past 10 years, FWDI delivered -11.84% and GAIN delivered 14.89% annualized total return. Past performance doesn't predict future results.

Go deeper

Full FWDI analysis Full GAIN analysis Interactive comparison tool

Dig into the metrics

Gladstone Investment P/E ratio Gladstone Investment dividend yield Forward Industries ROE Gladstone Investment ROE Forward Industries operating margin Gladstone Investment operating margin Forward Industries revenue growth Gladstone Investment revenue growth

Forward Industries & Gladstone Investment appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest Operating Margin Stocks Highest 10-Year Total Return Stocks

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.