GLADSTONE LAND Corp
LAND, LANDM, LANDO, LANDPReal Estate · Real Estate · Non-accelerated filer<br>Smaller reporting company · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $12.2M | $0 | $0 | $89.2M | $75.3M | $57.0M |
| Operating income | — | — | — | — | — | — |
| Net income | $13.5M | $13.3M | $14.6M | $4.7M | $3.5M | $4.9M |
| Total assets | $1.24B | $1.31B | $1.39B | $1.46B | $1.35B | $1.07B |
| Total liabilities | $568.9M | $625.0M | $667.7M | $725.9M | $762.5M | $683.5M |
| Equity | $670.3M | $687.2M | $719.6M | $731.4M | $586.8M | $383.8M |
| EPS (diluted) | $-0.29 | $-0.29 | $-0.28 | $-0.43 | $-0.29 | $-0.20 |
| Shares out. | 36.2M | 35.8M | 35.7M | 34.2M | 26.7M | 21.3M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- —
- Net margin
- 111.2%
- Return on equity
- 2.0%
- Return on assets
- 1.1%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 45.9%
- Debt / equity
- 0.85×
- Book value / share
- $18.52
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- 1.8%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- 0.5%clean
- Piotroski F-Score
- 5/7mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 3 good- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Parker Anthony WDirector | Mar 13, 2025 | Sell | 6,601 | $11.02 |
| Novara PaulaDirector | Feb 28, 2023 | Buy | 560 | $17.66 |
| Merrick Caren DDirector | Oct 18, 2021 | W | 1,000 | $0.00 |
| English Michela ADirector | Mar 17, 2020 | Sell | 385 | $10.84 |
| Licalsi MichaelOfficer — General Counsel and Secretary | Mar 16, 2020 | Buy | 800 | $10.08 |
| Parrish LewisOfficer — CFO | Mar 16, 2020 | Buy | 500 | $10.13 |
| Adelgren Paul WDirector | Feb 24, 2020 | Buy | 700 | $14.25 |
| Adelgren Paul WDirector | Nov 15, 2019 | Buy | 950 | $12.03 |
| Gladstone DavidOfficer — CEO | Sep 9, 2019 | Buy | 135,739 | $11.86 |
| Gladstone DavidOfficer — CEO | Mar 14, 2019 | Buy | 26,715 | $11.99 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Director / officer change · Regulation FD disclosureJun 2, 2026
- Shareholder voteMay 14, 2026
- Results of operationsMay 11, 2026
- Entered a material agreementApr 24, 2026
- Director / officer changeMar 23, 2026
- Amended charter or bylawsMar 13, 2026
- Results of operationsFeb 24, 2026
- Other material eventJan 6, 2026
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 8-KJun 2, 2026
- 8-KMay 14, 2026
- 8-KMay 11, 2026
- 10-QMay 11, 2026
- 8-KApr 24, 2026
- 424B5Apr 24, 2026
- 424B5Apr 24, 2026
- EFFECTApr 23, 2026
- CORRESPApr 21, 2026
- UPLOADApr 13, 2026
- 3INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIESApr 7, 2026
- S-3Apr 7, 2026
- 8-K/AApr 7, 2026
- 10-K/AApr 7, 2026
- 3INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIESMar 30, 2026
Event-driven situations (1)
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