Gladstone Capital (GLAD) Operating Margin: History & Chart

Gladstone Capital Corporation(GLAD)

Asset Management · McLean, VA

$19.09-0.03 (-0.16%)

Delayed quote: Oct 6, 2026, 9:59 AM EDT

About Gladstone Capital Corporation

Gladstone Capital Corporation functions as a Business Development Company (BDC) primarily focused on the lower middle market in the United States. The firm engages in a variety of investment strategies, including providing growth capital, supporting add-on acquisitions, facilitating change-of-control transactions, executing buy-and-build models, and refinancing existing debt. It also makes private equity investments in the form of acquisitions, buyouts, recapitalizations, and refinancing. Its debt offerings are extensive, encompassing senior term loans, revolving credit facilities, secured first and second lien term loans, senior subordinated loans, unitranche facilities, junior subordinated loans, and mezzanine financing. For equity, Gladstone Capital invests through common stock, preferred stock, limited liability company (LLC) interests, and warrants, generally preferring to acquire minority stakes. The company targets small and medium-sized enterprises with annual sales ranging from $20 million to $150 million and EBITDA between $3 million and $25 million, typically investing $7 million to $30 million per company. While maintaining an industry-agnostic approach, it shows particular interest in sectors such as business services, specialized manufacturing, niche industrial products and services, unique consumer products and services, energy services, transportation and logistics, healthcare and educational services, specialty chemicals, media and communications, and aerospace and defense. The fund plans to exit its investments through strategic sales to industry participants or financial buyers, initial public offerings (IPOs), or other capital market transactions.

McLean, VA

73 employees

www.gladstonecapital.com

Financial Services / Asset Management

Sector: Financial Services
Industry: Asset Management
CEO: Robert L. Marcotte

View full financials

GLAD Operating Margin Metrics

OPERATING MARGIN

55.53%

OPERATING MARGIN AVG TTM

67.32%

OPERATING MARGIN AVG 3Y

74.25%

OPERATING MARGIN AVG 5Y

71.92%

OPERATING MARGIN AVG 10Y

75.27%

OPERATING MARGIN AVG 15Y

77.80%

OPERATING MARGIN AVG 20Y

72.80%

CURRENT VS TTM AVG

-17.51%

CURRENT VS 3Y AVG

-25.21%

CURRENT VS 5Y AVG

-22.79%

CURRENT VS 10Y AVG

-26.22%

CURRENT VS 15Y AVG

-28.62%

CURRENT VS 20Y AVG

-23.72%

SECTOR MEDIAN · FINANCIAL SERVICES

17.73%

median of 469 covered companies

CURRENT VS SECTOR MEDIAN

+213.20%

vs the sector median at left

NAME	MARKET CAP	OPERATING MARGIN	TTM	3Y	5Y
Gladstone Capital Corporation (GLAD)	$431.28M	55.53%	67.32%	74.25%	71.92%
Commercial Bancgroup, Inc. Common Stock (CBK)vs ›	$431.59M	38.60%	33.24%	33.95%	33.95%
KRAKacquisition Corp Class A Ordinary Shares (KRAQ)vs ›	$431.68M	0.00%	0.00%	0.00%	0.00%
Meshflow Acquisition Corp. (MESH)vs ›	$435.13M	N/A	N/A	N/A	N/A
PIMCO California Municipal Income Fund (PCQ)vs ›	$425.49M	194.62%	140.64%	1290.84%	888.77%
Idea Acquisition Corp. Class A Ordinary Shares (IACO)vs ›	$437.50M	0.00%	0.00%	0.00%	0.00%
AMERISAFE, Inc. (AMSF)vs ›	$440.40M	18.55%	20.45%	22.26%	24.28%
AlTi Global, Inc. (ALTI)vs ›	$440.28M	-26.86%	-35.48%	-28.22%	-18.79%
Invesco California Value Municipal Income Trust (VCV)vs ›	$422.00M	72.86%	63.95%	42.30%	29787.73%
K&F Growth Acquisition Corp. II Class A Ordinary shares (KFII)vs ›	$420.04M	0.00%	0.00%	0.00%	0.00%

NAME

MARKET CAP

OPERATING MARGIN

TTM

Gladstone Capital Corporation (GLAD)

$431.28M

55.53%

67.32%

74.25%

71.92%

Commercial Bancgroup, Inc. Common Stock (CBK)vs ›

$431.59M

38.60%

33.24%

33.95%

KRAKacquisition Corp Class A Ordinary Shares (KRAQ)vs ›

$431.68M

0.00%

Meshflow Acquisition Corp. (MESH)vs ›

$435.13M

N/A

PIMCO California Municipal Income Fund (PCQ)vs ›

$425.49M

194.62%

140.64%

1290.84%

888.77%

Idea Acquisition Corp. Class A Ordinary Shares (IACO)vs ›

$437.50M

0.00%

AMERISAFE, Inc. (AMSF)vs ›

$440.40M

18.55%

20.45%

22.26%

24.28%

AlTi Global, Inc. (ALTI)vs ›

$440.28M

-26.86%

-35.48%

-28.22%

-18.79%

Invesco California Value Municipal Income Trust (VCV)vs ›

$422.00M

72.86%

63.95%

42.30%

29787.73%

K&F Growth Acquisition Corp. II Class A Ordinary shares (KFII)vs ›

$420.04M

0.00%

Operating Margin FAQ

What is the operating margin for Gladstone Capital Corporation (GLAD)?

The operating margin for GLAD stock is 55.53%.

Is Gladstone Capital Corporation's operating margin high or low?

The operating margin of 55.53% is 23% below its 5-year average of 71.92%, near the low end of its 5-year range (47.15%–197.01%).

What is the TTM average operating margin for Gladstone Capital Corporation (GLAD)?

The TTM average operating margin for GLAD stock is 67.32%.

What is the 3Y average operating margin for Gladstone Capital Corporation (GLAD)?

The 3Y average operating margin for GLAD stock is 74.25%.

What is the 5Y average operating margin for Gladstone Capital Corporation (GLAD)?

The 5Y average operating margin for GLAD stock is 71.92%.

What is the 10Y average operating margin for Gladstone Capital Corporation (GLAD)?

The 10Y average operating margin for GLAD stock is 75.27%.

What is the 15Y average operating margin for Gladstone Capital Corporation (GLAD)?

The 15Y average operating margin for GLAD stock is 77.80%.

What is the 20Y average operating margin for Gladstone Capital Corporation (GLAD)?

The 20Y average operating margin for GLAD stock is 72.80%.

DATE	OPERATING MARGIN
2026-06-30	67.30%
2026-03-31	88.73%
2025-12-31	47.15%
2025-09-30	69.94%
2025-06-30	63.48%
2025-03-31	66.76%
2024-12-31	85.83%
2024-09-30	82.85%
2024-06-30	73.90%
2024-03-31	76.87%
2023-12-31	79.82%
2023-09-30	65.64%
2023-06-30	69.88%
2023-03-31	68.07%
2022-12-31	50.62%
2022-09-30	57.05%
2022-06-30	197.01%
2022-03-31	66.86%
2021-12-31	83.47%
2021-09-30	90.01%
2021-06-30	84.18%
2021-03-31	87.62%
2020-12-31	79.19%
2020-09-30	76.70%
2020-06-30	85.73%
2020-03-31	107.25%
2019-12-31	21.85%
2019-09-30	63.81%
2019-06-30	72.51%
2019-03-31	73.88%
2018-12-31	381.09%
2018-09-30	130.52%
2018-06-30	79.69%
2018-03-31	78.96%
2017-12-31	76.23%
2017-09-30	68.69%
2017-06-30	78.81%
2017-03-31	82.25%
2016-12-31	30.41%
2016-09-30	90.09%
2016-06-30	69.85%
2016-03-31	152.48%
2015-12-31	143.89%
2015-09-30	164.77%
2015-06-30	59.84%
2015-03-31	77.28%
2014-12-31	11.63%
2014-09-30	92.40%
2014-06-30	122.36%
2014-03-31	-1766.39%
2013-12-31	87.13%
2013-09-30	93.24%
2013-06-30	690.94%
2013-03-31	246.48%
2012-12-31	78.27%
2012-09-30	65.67%
2012-06-30	127.99%
2012-03-31	-120.07%
2011-12-31	-126.13%
2011-09-30	-5.74%
2011-06-30	114.96%
2011-03-31	121.85%
2010-12-31	53.88%
2010-09-30	48.25%
2010-06-30	-23.38%
2010-03-31	81.31%
2009-12-31	64.52%
2009-09-30	36.56%
2009-06-30	-7.44%
2009-03-31	94.06%
2008-12-31	-77.09%
2008-09-30	-237.43%
2008-06-30	24.60%
2008-03-31	-104.88%
2007-12-31	22.66%
2007-09-30	74.18%
2007-06-30	53.40%
2007-03-31	45.30%
2006-12-31	51.31%
2006-09-30	65.73%
2006-06-30	70.91%
2006-03-31	75.68%
2005-12-31	84.34%
2005-09-30	78.77%
2005-06-30	66.35%
2005-03-31	75.28%
2004-12-31	80.11%
2004-09-30	27.50%
2004-06-30	85.06%
2004-03-31	71.58%
2003-12-31	34.81%
2003-09-30	69.57%
2003-06-30	58.40%
2003-03-31	94.89%
2002-12-31	74.55%
2002-09-30	75.28%

DATE

OPERATING MARGIN

2026-06-30

67.30%

2026-03-31

88.73%

2025-12-31

47.15%

2025-09-30

69.94%

2025-06-30

63.48%

2025-03-31

66.76%

2024-12-31

85.83%

2024-09-30

82.85%

2024-06-30

73.90%

2024-03-31

76.87%

2023-12-31

79.82%

2023-09-30

65.64%

2023-06-30

69.88%

2023-03-31

68.07%

2022-12-31

50.62%

2022-09-30

57.05%

2022-06-30

197.01%

2022-03-31

66.86%

2021-12-31

83.47%

2021-09-30

90.01%

2021-06-30

84.18%

2021-03-31

87.62%

2020-12-31

79.19%

2020-09-30

76.70%

2020-06-30

85.73%

2020-03-31

107.25%

2019-12-31

21.85%

2019-09-30

63.81%

2019-06-30

72.51%

2019-03-31

73.88%

2018-12-31

381.09%

2018-09-30

130.52%

2018-06-30

79.69%

2018-03-31

78.96%

2017-12-31

76.23%

2017-09-30

68.69%

2017-06-30

78.81%

2017-03-31

82.25%

2016-12-31

30.41%

2016-09-30

90.09%

2016-06-30

69.85%

2016-03-31

152.48%

2015-12-31

143.89%

2015-09-30

164.77%

2015-06-30

59.84%

2015-03-31

77.28%

2014-12-31

11.63%

2014-09-30

92.40%

2014-06-30

122.36%

2014-03-31

-1766.39%

2013-12-31

87.13%

2013-09-30

93.24%

2013-06-30

690.94%

2013-03-31

246.48%

2012-12-31

78.27%

2012-09-30

65.67%

2012-06-30

127.99%

2012-03-31

-120.07%

2011-12-31

-126.13%

2011-09-30

-5.74%

2011-06-30

114.96%

2011-03-31

121.85%

2010-12-31

53.88%

2010-09-30

48.25%

2010-06-30

-23.38%

2010-03-31

81.31%

2009-12-31

64.52%

2009-09-30

36.56%

2009-06-30

-7.44%

2009-03-31

94.06%

2008-12-31

-77.09%

2008-09-30

-237.43%

2008-06-30

24.60%

2008-03-31

-104.88%

2007-12-31

22.66%

2007-09-30

74.18%

2007-06-30

53.40%

2007-03-31

45.30%

2006-12-31

51.31%

2006-09-30

65.73%

2006-06-30

70.91%

2006-03-31

75.68%

2005-12-31

84.34%

2005-09-30

78.77%

2005-06-30

66.35%

2005-03-31

75.28%

2004-12-31

80.11%

2004-09-30

27.50%

2004-06-30

85.06%

2004-03-31

71.58%

2003-12-31

34.81%

2003-09-30

69.57%

2003-06-30

58.40%

2003-03-31

94.89%

2002-12-31

74.55%

2002-09-30

75.28%

Operating Margin: 55.53%

GLAD Operating Margin

GLAD Average Operating Margin Chart

GLAD Current vs Average Operating Margin Chart

GLAD Operating Margin Metrics

GLAD Competitors' Operating Margin

Operating Efficiency

Operating Margin Formula & Definition

Operating Margin FAQ

GLAD Operating Margin History

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