Gladstone Commercial Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 19, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	516	440	689	479	686	844
Market Cap Growth	-24.82%	-36.15%	43.97%	-30.21%	-18.81%	67.47%
Enterprise Value	1,371	1,291	1,515	1,283	1,520	1,585
Last Close Price	10.80	8.70	13.81	9.96	13.04	15.50
Price/FFO Ratio	6.30	6.30	9.80	-	-	-
Price/AFFO Ratio	6.33	6.33	9.85	-	-	-
PE Ratio	91.86	78.36	64.12	-	-	-
PS Ratio	3.75	3.20	4.77	3.58	4.92	6.98
PB Ratio	1.77	1.51	2.09	1.63	1.95	2.58
P/OCF Ratio	6.87	5.86	12.52	8.76	10.59	13.70
EV/Sales Ratio	10.01	9.40	10.50	9.61	10.91	13.09
EV/EBITDA Ratio	14.32	13.50	15.30	14.00	16.11	19.58
EV/EBIT Ratio	26.94	25.29	29.36	27.93	36.25	49.99
Debt / Equity Ratio	2.49	2.49	2.04	2.30	2.01	1.92
Debt / EBITDA Ratio	7.55	7.55	6.78	7.33	7.46	7.72
Net Debt / Equity Ratio	2.45	2.45	1.99	2.24	1.95	1.89
Net Debt / EBITDA Ratio	7.46	7.46	6.61	7.16	7.25	7.66
Asset Turnover	0.14	0.14	0.13	0.13	0.13	0.12
Quick Ratio	1.23	1.23	2.39	3.51	4.66	4.36
Current Ratio	1.67	1.67	2.78	5.82	5.86	5.49
Return on Equity (ROE)	5.65%	5.65%	7.22%	1.41%	2.88%	2.91%
Return on Assets (ROA)	3.20%	3.20%	3.00%	2.72%	2.39%	2.01%
Earnings Yield	1.09%	3.73%	3.36%	0.94%	1.47%	1.14%
Dividend Yield	9.62%	11.75%	8.39%	10.90%	10.79%	8.52%
Payout Ratio	353.48%	353.48%	261.64%	1216.05%	657.96%	613.75%
Buyback Yield / Dilution	-11.43%	-11.43%	-4.56%	-2.55%	-6.60%	-7.34%
Total Shareholder Return	-1.80%	0.33%	3.83%	8.35%	4.19%	1.18%

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.