Gladstone Commercial Ratios and Metrics

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 4, 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 Cap	452	390	540	401	557	735
Market Cap Growth	-19.47%	-27.77%	34.70%	-28.02%	-24.25%	51.07%
Enterprise Value	1,207	1,146	1,181	1,077	1,241	1,391
PE Ratio	92.40	76.21	60.15	-69.68	-462.50	-286.33
Forward PE	83.52	-	-	-	-	-
PS Ratio	3.77	3.23	4.82	3.62	4.99	7.13
PB Ratio	1.78	3.03	4.21	3.49	3.65	4.87
P/TBV Ratio	3.44	2.91	4.01	3.45	-	-
P/FCF Ratio	-	-3.70	42.90	22.60	-14.68	-27.74
P/OCF Ratio	6.91	5.91	12.65	8.86	10.74	13.99
EV/Sales Ratio	10.00	9.48	10.56	9.74	11.13	13.49
EV/EBITDA Ratio	14.29	8.67	9.56	8.64	10.04	12.04
EV/EBIT Ratio	26.90	12.95	14.45	13.24	15.79	19.51
EV/FCF Ratio	-	-10.87	93.89	60.74	-32.76	-52.52
Debt / Equity Ratio	2.49	2.49	2.04	2.29	2.01	1.91
Debt / EBITDA Ratio	4.82	4.82	4.23	4.47	4.57	4.62
Debt / FCF Ratio	-6.04	-6.04	41.52	31.42	-14.91	-20.16
Net Debt / Equity Ratio	4.89	4.89	4.01	4.78	3.64	3.50
Net Debt / EBITDA Ratio	4.76	4.76	4.16	4.40	4.50	4.57
Net Debt / FCF Ratio	-5.96	-5.96	40.87	30.92	-14.68	-19.93
Asset Turnover	0.14	0.14	0.13	0.13	0.13	0.12
Quick Ratio	0.21	0.21	0.62	0.13	0.32	0.18
Current Ratio	1.56	1.56	3.98	1.01	1.85	1.36
Return on Equity (ROE)	5.65%	5.65%	7.22%	1.41%	2.88%	2.91%
Return on Assets (ROA)	10.10%	10.10%	9.80%	9.30%	8.95%	8.50%
Return on Invested Capital (ROIC)	10.33%	10.33%	10.05%	9.52%	9.12%	8.64%
Return on Capital Employed (ROCE)	10.41%	10.41%	10.31%	9.84%	9.27%	8.91%
Earnings Yield	1.08%	1.31%	1.66%	-1.44%	-0.22%	-0.35%
FCF Yield	-	-27.04%	2.33%	4.43%	-6.81%	-3.61%
Dividend Yield	7.11%	13.72%	9.22%	11.46%	0.00%	0.00%
Payout Ratio	353.48%	1034.33%	564.44%	-783.41%	-4649.57%	-1992.69%
Buyback Yield / Dilution	-11.95%	-11.95%	-7.69%	-1.71%	-6.66%	-5.80%
Total Shareholder Return	-4.84%	1.77%	1.53%	9.75%	-6.66%	-5.80%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.