Gladstone Capital CorpGLAD

Nasdaq
Price (close)
$19.22
Market cap
$434.2M
P/E
9.0x
Revenue (TTM)
—
Net income
$48.2M
Dividend yield
10.30%
1-year total return
-5.2%
Net margin
—
Revenue growth
—
Debt / equity
—

What Gladstone Capital Corp does.

Gladstone Capital Corporation was incorporated under the Maryland General Corporation Law on May 30, 2001. We are an externally managed, closed-end, non-diversified management investment company that has elected to be treated as a BDC under the 1940 Act. In addition, we have elected to be treated for tax purposes as a RIC under the Code. We were established for the purpose of investing in debt and equity securities of established private businesses operating in the United States (“U.S.”).

Shares of our common stock trade on the Nasdaq Global Select Market (“Nasdaq”) under the trading symbol “GLAD”. Our 6.25% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”), our 3.75% notes due 2027 (the “2027 Notes”), and our 5.875% Convertible Notes due 2030 (the “2030 Convertible Notes”) are not listed or traded on any exchange or automated quotation system.

The outstanding shares and per share amounts of the Company’s common stock in this Annual Report have been retroactively adjusted for the 1-for-2 reverse stock split (the “Reverse Stock Split”) effected on April 4, 2024 (effective April 5, 2024 for trading purposes) for all activity prior to that date, unless stated otherwise.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Net income—$84.3M$19.9M$42.7M$94.5M$57.2M

More on GLAD.

Figures from Gladstone Capital Corp's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.