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Gladstone Capital Corporation

GLADFinancial ServicesNASDAQ

Asset Management · Last scanned Jun 1, 2026

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Financials · Annual
Revenue
$57.6M
-41.5% YoY
Net Income
$58.1M
-38.7% YoY
Free Cash Flow
$34.9M

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About Gladstone Capital Corporation

Part of the financial services sector, Gladstone Capital Corporation (GLAD) is listed under Asset Management. Valued at $437.6M, GLAD is a small-cap name in its sector. It operates as a business development company.

Key stats
Market Cap$437.6M
P/E (TTM)10.36
Fwd P/E9.98
EPS$1.87
Beta0.92
52W Change-26.7%
Dividend Yield9.53%
ROE8.4%
Analysis

Gladstone Capital Corporation carries $392.9M in total debt against $3.4M in cash reserves — debt is roughly 115.8x the cash position. Managing this leverage effectively will be important for long-term financial stability. Annual free cash flow of $34.9M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of 8.4% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 5.2% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $20.1M (2022) to $57.6M (2025), reflecting a 187% increase over the period.

The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing GLAD.

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