Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to equity ratio high or low?
The debt to equity ratio of 5.46 is 33% above its 5-year average of 4.09, near the high end of its 5-year range (2.51–5.46).
As of the fiscal period ended Tuesday, June 30, 2026. 22.67% above its 12-month average of 4.45.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 5.46.
DEBT TO EQUITY RATIO
5.46
DEBT TO EQUITY RATIO AVG TTM
4.45
DEBT TO EQUITY RATIO AVG 3Y
4.60
DEBT TO EQUITY RATIO AVG 5Y
4.09
DEBT TO EQUITY RATIO AVG 10Y
3.30
DEBT TO EQUITY RATIO AVG 15Y
2.98
DEBT TO EQUITY RATIO AVG 20Y
2.65
CURRENT VS TTM AVG
+22.67%
CURRENT VS 3Y AVG
+18.53%
CURRENT VS 5Y AVG
+33.37%
CURRENT VS 10Y AVG
+65.31%
CURRENT VS 15Y AVG
+83.26%
CURRENT VS 20Y AVG
+105.90%
SECTOR MEDIAN · REAL ESTATE
1.18
median of 88 covered companies
CURRENT VS SECTOR MEDIAN
+362.42%
vs the sector median at left
Gladstone Commercial Corp Pref
Market Cap
$948.50M
Debt to Equity Ratio
5.46
TTM Avg
4.45
3Y Avg
4.60
5Y Avg
4.09
Market Cap
$833.20M
Debt to Equity Ratio
7.70
TTM Avg
5.13
3Y Avg
3.38
5Y Avg
2.60
Adamas Trust, Inc. - 6.875% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, $0.01 par value per share
Market Cap
$827.71M
Debt to Equity Ratio
7.70
TTM Avg
5.13
3Y Avg
3.38
5Y Avg
2.60
Market Cap
$819.58M
Debt to Equity Ratio
7.70
TTM Avg
5.13
3Y Avg
3.38
5Y Avg
2.60
Market Cap
$1.08B
Debt to Equity Ratio
0.07
TTM Avg
0.43
3Y Avg
0.40
5Y Avg
0.40
Market Cap
$806.03M
Debt to Equity Ratio
7.70
TTM Avg
5.13
3Y Avg
3.38
5Y Avg
2.60
Market Cap
$723.76M
Debt to Equity Ratio
0.73
TTM Avg
0.79
3Y Avg
0.81
5Y Avg
1.00
Market Cap
$718.67M
Debt to Equity Ratio
7.70
TTM Avg
5.13
3Y Avg
3.38
5Y Avg
2.60
Market Cap
$718.09M
Debt to Equity Ratio
0.73
TTM Avg
0.79
3Y Avg
0.81
5Y Avg
1.00
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Gladstone Commercial Corp Pref (GOODN) | $948.50M | 5.46 | 4.45 | 4.60 | 4.09 |
| Adamas Trust, Inc. (ADAMN)vs › | $833.20M | 7.70 | 5.13 | 3.38 | 2.60 |
| Adamas Trust, Inc. - 6.875% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, $0.01 par value per share (ADAML)vs › | $827.71M | 7.70 | 5.13 | 3.38 | 2.60 |
| Adamas Trust, Inc. (ADAMM)vs › | $819.58M | 7.70 | 5.13 | 3.38 | 2.60 |
| Hotel101 Global Holdings Corp. (HBNB)vs › | $1.08B | 0.07 | 0.43 | 0.40 | 0.40 |
| Adamas Trust, Inc. (ADAMH)vs › | $806.03M | 7.70 | 5.13 | 3.38 | 2.60 |
| Gladstone Land Corporation (LANDP)vs › | $723.76M | 0.73 | 0.79 | 0.81 | 1.00 |
| Adamas Trust, Inc. 7.000% Series G Cumulative Redeemable Preferred Stock (ADAMZ)vs › | $718.67M | 7.70 | 5.13 | 3.38 | 2.60 |
| Gladstone Land Corporation (LANDO)vs › | $718.09M | 0.73 | 0.79 | 0.81 | 1.00 |
| Adamas Trust, Inc. (ADAM)vs › | $694.63M | 7.70 | 5.13 | 3.38 | 2.60 |
Debt/Equity
5.46
Current Ratio
1.13
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2026-06-30 | 5.46 |
| 2026-03-31 | 5.16 |
| 2025-12-31 | 2.51 |
| 2025-09-30 | 4.60 |
| 2025-06-30 | 4.52 |
| 2025-03-31 | 4.08 |
| 2024-12-31 | 4.07 |
| 2024-09-30 | 4.12 |
| 2024-06-30 | 4.99 |
| 2024-03-31 | 4.91 |
| 2023-12-31 | 4.85 |
| 2023-09-30 | 4.31 |
| 2023-06-30 | 4.17 |
| 2023-03-31 | 3.98 |
| 2022-12-31 | 3.70 |
| 2022-09-30 | 3.47 |
| 2022-06-30 | 3.48 |
| 2022-03-31 | 3.33 |
| 2021-12-31 | 3.54 |
| 2021-09-30 | 3.39 |
| 2021-06-30 | 3.27 |
| 2021-03-31 | 3.16 |
| 2020-12-31 | 3.16 |
| 2020-09-30 | 3.36 |
| 2020-06-30 | 3.27 |
| 2020-03-31 | 3.05 |
| 2019-12-31 | 3.04 |
| 2019-09-30 | 2.35 |
| 2019-06-30 | 2.25 |
| 2019-03-31 | 2.20 |
| 2018-12-31 | 2.27 |
| 2018-09-30 | 2.19 |
| 2018-06-30 | 2.16 |
| 2018-03-31 | 2.10 |
| 2017-12-31 | 2.03 |
| 2017-09-30 | 1.94 |
| 2017-06-30 | 2.03 |
| 2017-03-31 | 2.12 |
| 2016-12-31 | 2.12 |
| 2016-09-30 | 2.28 |
| 2016-06-30 | 2.32 |
| 2016-03-31 | 2.28 |
| 2015-12-31 | 2.27 |
| 2015-09-30 | 2.34 |
| 2015-06-30 | 2.31 |
| 2015-03-31 | 2.25 |
| 2014-12-31 | 2.31 |
| 2014-09-30 | 2.67 |
| 2014-06-30 | 2.53 |
| 2014-03-31 | 2.65 |
| 2013-12-31 | 2.44 |
| 2013-09-30 | 2.66 |
| 2013-06-30 | 2.23 |
| 2013-03-03 | 3.13 |
| 2012-12-31 | 3.14 |
| 2012-09-30 | 2.77 |
| 2012-06-30 | 2.47 |
| 2012-03-31 | 2.14 |
| 2011-12-31 | 2.25 |
| 2011-09-30 | 1.98 |
| 2011-06-30 | 1.97 |
| 2011-03-31 | 2.28 |
| 2010-12-31 | 2.58 |
| 2010-09-30 | 2.44 |
| 2010-06-30 | 2.57 |
| 2010-03-31 | 2.50 |
| 2009-12-31 | 2.42 |
| 2009-09-30 | 2.36 |
| 2009-06-30 | 2.30 |
| 2009-03-31 | 2.25 |
| 2008-12-31 | 2.20 |
| 2008-09-30 | 2.18 |
| 2008-06-30 | 1.98 |
| 2008-03-31 | 1.87 |
| 2007-12-31 | 3.18 |
| 2007-09-30 | 1.42 |
| 2007-06-30 | 1.23 |
| 2007-03-31 | 1.12 |
| 2006-12-31 | 1.01 |
| 2006-09-30 | 1.31 |
| 2006-06-30 | 1.25 |
| 2006-03-31 | 1.09 |
| 2005-12-31 | 1.06 |
| 2005-09-30 | 0.66 |
| 2005-06-30 | 0.25 |
| 2005-03-31 | 0.03 |
| 2004-12-31 | 0.00 |
| 2004-09-30 | 0.00 |
| 2004-06-30 | 0.00 |
| 2004-03-31 | 0.00 |
| 2003-12-31 | 0.00 |
| 2003-09-30 | 0.00 |
| 2003-06-30 | 0.00 |
| 2003-03-31 | 0.00 |
