LANDO
What one share of Gladstone Land holds
Real Estate Investment Trusts
We are an externally-managed, agricultural real estate investment trust (“REIT”) that is primarily in the business of owning and leasing farmland, including through lease structures with a variable rent component based on the gross revenues generated from certain farms in lieu of fixed base rent.
Gladstone Land’s numbers from its SEC filings, divided by its shares. Results cover the last 12 months to 2026-06-30; the balance sheet is as of 2026-06-30.
| Sales | $2.25 |
|---|---|
| Profit | −$0.74 |
| Dividends | $0.56 |
| Cash and investments | $0.52 |
| Debt | $11.27 |
| Book value | $15.60 |
Per share by fiscal year
| Year | Sales | Profit | Capex | Free cash | Dividends | Book value |
|---|---|---|---|---|---|---|
| 2016 | $1.73 | $0.04 | — | $0.84 | $0.49 | $7.65 |
| 2017 | $2.08 | −$0.00 | — | $0.54 | $0.52 | $7.97 |
| 2018 | $2.37 | $0.15 | — | $0.67 | $0.53 | $9.85 |
| 2019 | $2.08 | −$0.13 | — | $1.09 | — | $13.21 |
| 2020 | $2.56 | −$0.20 | — | $1.12 | — | $14.64 |
| 2021 | $2.48 | −$0.29 | — | $1.07 | — | $17.15 |
| 2022 | $2.58 | −$0.43 | — | $1.27 | — | $20.87 |
| 2023 | $2.53 | −$0.28 | — | $1.12 | — | $20.08 |
| 2024 | $2.37 | −$0.29 | — | $0.82 | — | $18.99 |
| 2025 | $2.42 | −$0.29 | — | $0.19 | — | $17.63 |