Gladstone Commercial Corporation (GOODO) vs Gladstone Land Corporation (LAND)
A side-by-side comparison of Gladstone Commercial Corporation 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 — GOODO vs LAND
growth of $100 · dividends reinvested · last 5yGOODO vs LAND: by the numbers
- •GOODO is the larger company ($562M vs $415M market cap).
- •GOODO is profitable (14.55% net margin) while LAND runs a net loss (-7.31%).
- •LAND grew revenue faster over the past five years (7.36% vs 4.89% CAGR).
- •GOODO pays the higher dividend yield (8.18% vs 5.79%).
Metrics side by side
Valuation
| Metric | GOODO | LAND |
|---|---|---|
| P/E ratio | 34.34 | N/A |
| Forward P/E | 72.92 | N/A |
| PEG ratio | 0.97 | N/A |
| P/S ratio | 3.30 | 4.69 |
| P/B ratio | 3.57 | 0.62 |
| EV / EBITDA | 11.10 | 15.45 |
| FCF yield | 9.64% | 5.97% |
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.
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 | GOODO | LAND |
|---|---|---|
| Gross margin | 5.94% | -9.71% |
| Operating margin | 39.09% | 24.01% |
| Net margin | 14.55% | -7.31% |
| ROE | 15.74% | -0.96% |
| ROIC | 5.40% | 1.78% |
Dividends
| Metric | GOODO | LAND |
|---|---|---|
| Dividend yield | 8.18% | 5.79% |
| Payout ratio | 282.59% | N/A |
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.
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 | GOODO | LAND |
|---|---|---|
| Revenue CAGR (5Y) | 4.89% | 7.36% |
| EPS CAGR (5Y) | 35.43% | N/A |
| FCF CAGR (5Y) | 2.58% | N/A |
| Total return CAGR (5Y) | -0.15% | -11.96% |
Frequently asked
- Which has grown faster, GOODO or LAND?
- Over the past five years, LAND grew revenue faster — GOODO at a 4.89% CAGR versus LAND at 7.36%.
- Does GOODO or LAND pay a bigger dividend?
- GOODO yields 8.18% and LAND yields 5.79% based on trailing dividends and the latest price.
- Is GOODO or LAND more profitable?
- GOODO runs the higher net margin — GOODO at 14.55% versus LAND at -7.31%.
- How have GOODO and LAND total returns compared?
- Over the past 5 years, GOODO delivered -0.15% and LAND delivered -11.96% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Gladstone Commercial & 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.