Gladstone Capital Corporation

NasdaqGS:GLAD Stock Report

Market Cap: US$561.1m

Gladstone Capital Past Earnings Performance

Past criteria checks 3/6

Gladstone Capital has been growing earnings at an average annual rate of 28.9%, while the Capital Markets industry saw earnings growing at 6.7% annually. Revenues have been growing at an average rate of 16.9% per year. Gladstone Capital's return on equity is 17.7%, and it has net margins of 93.2%.

Key information

28.9%

Earnings growth rate

22.9%

EPS growth rate

Capital Markets Industry Growth10.3%
Revenue growth rate16.9%
Return on equity17.7%
Net Margin93.2%
Last Earnings Update31 Mar 2025

Recent past performance updates

Recent updates

Gladstone Capital: What To Look For Ahead Of Earnings

May 07

Gladstone Capital: A Reliable Income Powerhouse

Mar 31

Gladstone Capital: Rising Non-Accruals And Unjustified Premium Valuation (Rating Downgrade)

Feb 14

Gladstone Capital's Dividend Coverage May Be In Trouble

Nov 17

Gladstone Capital: 9% Yield, Improving Coverage, 1.12x NAV

Sep 14

Gladstone Capital: Just Pause For Now

Aug 28

Gladstone Capital: Solid Distribution Coverage But Rising Non-Accruals (Rating Downgrade)

Aug 18

Gladstone: Conservative Strategies, Promising 2028 Notes

Jul 23

Gladstone Capital: Monthly 8.7% Yielding BDC I Would Buy On A Pullback

Jun 09

Gladstone Capital: Diversified BDC Trading At Attractive Valuation

May 14

Gladstone Capital: When Defense Pays Off

Apr 12

Gladstone Capital: 10% Yield To Build Your Cashflow Brick By Brick

Mar 09

Gladstone Capital goes ex-dividend tomorrow

Oct 19

Gladstone Capital makes debt investment in ice cream chainlet Salt & Straw

Sep 22

Gladstone Capital provides financing for buyout of Sokol & Co.

Sep 01

Gladstone Capital reports FQ3 results

Jul 27

Gladstone Capital declares $0.0675 dividend

Jul 18

Gladstone Capital: A Dividend Gem Now Yielding 8.3%

Jun 22

Gladstone Capital: Why This 7.4% Yielder Is Now Attractive

Jan 31

Gladstone Capital Corporation: An Average BDC From A Strong Operator

Nov 06

Revenue & Expenses Breakdown

How Gladstone Capital makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:GLAD Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 259387240
31 Dec 2495101270
30 Sep 249795270
30 Jun 249776270
31 Mar 249469250
31 Dec 239057230
30 Sep 238643230
30 Jun 237935210
31 Mar 237017190
31 Dec 226614190
30 Sep 226320170
30 Jun 226248170
31 Mar 226171170
31 Dec 215784150
30 Sep 215484150
30 Jun 215262140
31 Mar 215059130
31 Dec 204910120
30 Sep 2048-2110
30 Jun 2048-7110
31 Mar 2049-13120
31 Dec 195024130
30 Sep 195020130
30 Jun 19495130
31 Mar 19488130
31 Dec 18478120
30 Sep 184619130
30 Jun 184534130
31 Mar 184228110
31 Dec 174023100
30 Sep 17391790
30 Jun 17383290
31 Mar 173832100
31 Dec 163921110
30 Sep 163911120
30 Jun 1640-14110
31 Mar 1640-16110
31 Dec 1539-1120
30 Sep 15388110
30 Jun 153736110
31 Mar 153713120
31 Dec 14371120
30 Sep 143711110
30 Jun 143717120

Quality Earnings: GLAD has a large one-off gain of $39.4M impacting its last 12 months of financial results to 31st March, 2025.

Growing Profit Margin: GLAD's current net profit margins (93.2%) are higher than last year (73.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: GLAD has become profitable over the past 5 years, growing earnings by 28.9% per year.

Accelerating Growth: GLAD's earnings growth over the past year (26.3%) is below its 5-year average (28.9% per year).

Earnings vs Industry: GLAD earnings growth over the past year (26.3%) exceeded the Capital Markets industry 18.3%.

Return on Equity

High ROE: GLAD's Return on Equity (17.7%) is considered low.

Return on Assets

Return on Capital Employed

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/11 11:38
End of Day Share Price 2025/05/09 00:00
Earnings2025/03/31
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Gladstone Capital Corporation is covered by 18 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vernon PlackBB&T Capital Markets
Bryce RoweB. Riley Securities, Inc.
Christopher TestaB. Riley Wealth