Gladstone Capital Corporation

Gladstone Capital Corporation

GLAD · NASDAQ · Financial Services / Asset Management

19.41USD+0.02 (+0.10%)

Price History

Full chart

Market Stats

Previous Close19.39
Open19.48
Day Range19.25 – 19.49
52-Week Range15.62 – 20.05
Volume101.40K
Market Cap437.40M
P/E (TTM)9.09
Forward P/E10.76
EPS2.13
Dividend Yield9.37%
Beta0.93
50-Day Avg19.53
200-Day Avg19.34

About

Gladstone Capital Corporation is a business development company specializing in private equity and venture capital investments with a focus on lower middle market, growth capital, add on acquisitions, change of control, buy & build strategies, debt refinancing, debt investments in senior term loans, revolving loans, secured first and second lien term loans, senior subordinated loans, unitranche loans, junior subordinated loans, and mezzanine loans and equity investments in the form of common stock, preferred stock, limited liability company interests, or warrants. The fund also makes private equity investments in acquisitions, buyouts and recapitalizations, and refinancing existing debts. It targets small and medium-sized companies in United States. It is industry agnostic and seeks to invest in companies engaged in the business services, movies and entertainment, broadcasting and publishing, automobiles and components, food, beverage and tobacco, light and specialty manufacturing, niche industrial products and services, commercial services and supplies, specialty consumer products and services, construction machinery and heavy transportation equipment, energy services, agricultural and farm machinery, transportation and logistics, healthcare and education services, specialty chemicals, media and communications and aerospace and defense. The fund seeks to invest in debt between $8 million and $40 million in companies that have between $20 million and $150 million in sales and EBITDA between $3 million and $25 million. It prefers to acquire minority stakes. It seeks to exit its investments through strategic acquisitions by other industry participants or financial buyers, initial public offerings of common stock, or other capital market transactions.

Company Details

  • SectorFinancial Services
  • IndustryAsset Management
  • CEOMr. Robert L. Marcotte
  • Employees0
  • Headquarters1521 Westbranch Drive, McLean, VA, United States, 22102, USA
  • Websitehttps://www.gladstonecapital.com

Leadership

  • Mr. David John GladstoneFounder & Chairman · b. 1942
  • Mr. Robert L. MarcottePresident & CEO · b. 1958
  • Ms. Nicole Schaltenbrand CPA, CPACFO & Treasurer · b. 1983
  • Mr. John SateriChief Investment Officer
  • Mr. Michael Bernard LiCalsi Esq., J.D.Chief Administrative Officer, Co-General Counsel & Co-Secretary · b. 1970
  • Mr. Michael McQuiggExecutive VP & Senior MD
  • Mr. Andrew AhlbergExecutive Vice President
  • Mr. Paul J. Cobuzzi Jr.Managing Director
  • Mr. Eric MaloyManaging Director
  • Mr. Ray LoganManaging Director

Financials

Income Statement

Currency: USD2001-09-302002-09-302003-09-302004-09-302005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Revenue394.86K10.46M14.93M17.67M22.15M34.03M29.38M45.73M42.62M26.27M30.39M31.70M42.70M24.35M21.01M24.71M30.25M31.33M33.44M8.40M94.74M32.38M58.63M120.26M144.76M
Growth (%)-+2547.99%+42.82%+18.36%+25.35%+53.61%-13.67%+55.64%-6.79%-38.37%+15.71%+4.31%+34.70%-42.98%-13.71%+17.63%+22.40%+3.57%+6.74%-74.89%+1028.22%-65.83%+81.08%+105.14%+20.37%
Cost of Revenue-1.49M2.23M741.62K1.77M3.24M7.23M8.28M7.95M4.39M16.27M18.44M15.52M15.88M21.75M20.36M20.80M26.43M29.62M9.22M12.90M14.56M20.58M21.71M18.43M
Gross Profit394.86K10.46M14.93M16.93M20.38M30.79M22.15M37.44M34.67M21.88M30.39M31.70M42.70M24.35M21.01M24.71M30.25M31.33M33.44M8.40M94.74M32.38M58.63M98.55M126.33M
Gross Margin100.00%100.00%100.00%95.80%91.99%90.48%75.40%81.88%81.35%83.29%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%81.94%87.27%
Operating Expense487.50K2.84M3.86M6.36M4.68M6.26M7.20M58.70M30.89M5.48M48.81M35.34M7.30M10.49M8.70M10.45M10.00M6.83M13.57M10.27M10.44M-505.00K15.96M3.83M45.94M
Operating Income-92.64K7.62M11.07M10.57M15.70M24.53M14.95M-21.26M3.78M16.39M-18.42M-3.63M35.40M13.86M12.31M14.27M20.25M24.51M19.87M-1.87M84.30M32.88M42.67M94.72M80.39M
Operating Margin-23.46%72.85%74.16%59.81%70.87%72.09%50.90%-46.50%8.88%62.42%-60.62%-11.46%82.90%56.93%58.60%57.72%66.95%78.22%59.41%-22.31%88.98%101.56%72.78%78.76%55.53%
EBITDA-92.38K7.63M11.33M11.90M16.08M24.53M22.75M-19.73M6.56M17.88M-18.42M-3.63M35.40M13.86M12.31M14.27M20.25M24.51M19.87M-1.87M85.17M49.97M42.67M96.58M122.28M
EBITDA Margin-23.40%72.98%75.84%67.34%72.60%72.08%77.44%-43.14%15.39%68.09%-60.62%-11.46%82.90%56.93%58.60%57.72%66.95%78.22%59.41%-22.31%89.91%154.36%72.78%80.31%84.47%
Net Income-92.64K7.62M11.07M10.57M15.49M24.43M14.95M-21.26M3.78M16.39M-21.10M-8.01M32.22M11.23M8.48M11.37M17.18M18.65M19.87M-1.87M84.30M19.91M42.67M94.72M58.11M
Net Income Margin-23.46%72.85%74.16%59.81%69.92%71.79%50.90%-46.50%8.88%62.42%-69.42%-25.26%75.45%46.13%40.38%45.99%56.79%59.52%59.41%-22.31%88.98%61.51%72.78%78.76%40.14%
R&D---------------0.250.50.960.590.051.480.290.43--
R&D as % of Total Revenue---------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense000741.62K1.77M3.24M7.23M8.28M7.95M4.39M2.68M4.37M3.18M2.63M3.83M2.90M3.07M5.86M8.04M9.99M11.51M12.97M20.85M21.71M19.99M
Interest Expense % of Total Revenue0.00%0.00%0.00%4.20%8.01%9.52%24.60%18.12%18.65%16.71%8.80%13.80%7.45%10.79%18.22%11.73%10.16%18.70%24.03%118.98%12.15%40.05%35.56%18.06%13.81%

Balance Sheet

Currency: USD2001-09-302002-09-302003-09-302004-09-302005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Total Assets132.21M172.92M214.57M215.33M205.79M225.78M367.73M425.70M335.91M270.52M317.62M293.40M295.09M301.43M382.48M337.18M365.86M399.51M426.07M459.18M566.50M660.97M719.50M812.47M907.60M
Total Liabilities956.34K42.26M83.76M63.11M54.18M53.21M146.77M153.95M86.83M21.27M103.90M104.84M89.10M101.77M191.04M135.97M146.21M162.42M176.74M225.43M248.06M345.48M310.80M333.73M425.56M
Total Equity131.25M130.66M130.80M152.23M151.61M172.57M220.96M271.75M249.08M249.25M213.72M188.56M205.99M199.66M191.44M201.21M219.65M237.09M249.33M233.74M318.44M315.49M408.69M478.74M482.04M
Cash131.82M91.93M101.17M65.95M503.78K732.00K8.84M6.49M5.28M7.73M6.73M9.86M13.90M6.31M3.81M6.15M5.01M1.97M15.71M2.42M671.00K2.01M1.31M2.17M32.37M
Total Debt-39.20M78.45M62.09M53.03M49.99M144.44M302.06M83.35M17.94M200.02M124.90M94.20M76.03M127.30M71.30M93.11M110.00M189.88M221.53M237.11M339.41M300.91M324.61M397.86M
Net Debt-131.82M-52.73M-22.72M-3.87M52.53M49.26M135.60M295.57M78.07M10.21M193.29M115.05M80.30M69.71M123.49M65.15M88.10M108.03M107.11M219.12M236.44M337.40M299.61M322.44M365.49M

Cash Flow

Currency: USD2001-09-302002-09-302003-09-302004-09-302005-09-302006-09-302007-09-302008-09-302009-09-302010-09-302011-09-302012-09-302013-09-302014-09-302015-09-302016-09-302017-09-302018-09-302019-09-302020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow-76.30K6.97M9.88M13.48M15.59M7.24M-116.98M-80.22M95.52M86.50M-68.37M26.20M32.14M473.00K-74.48M60.02M-12.88M-17.80M9.26M-46.09M-14.06M-76.40M-10.86M3.24M43.63M
Investing Cash Flow-31.79K-40.19M10.31M-95.99M-76.28M190.00K-2.48M2.48M22.84M-20.13M-19.41M-62.45M-83.60M-97.34M-107.52M-58.59M-103.85M--134.39M-147.14M-165.99M-259.05M---49.12M
Financing Cash Flow132.93M-6.68M-10.96M47.30M-4.76M-7.20M127.58M75.39M-96.74M-84.04M67.37M-22.80M-28.09M-8.06M71.97M-57.68M11.74M14.53M4.49M32.81M12.44M77.66M10.15M-2.34M35.55M
Capital Expenditure31.79K70.98K82.34K0000000000000000000000
Free Cash Flow-108.09K6.90M9.80M13.48M15.59M7.24M-116.98M-80.22M95.52M86.50M-68.37M26.20M32.14M473.00K-74.48M60.02M-12.88M-17.80M9.26M-46.09M-14.06M-76.40M-10.86M3.24M43.63M
Dividends Paid-6.04M9.87M17.11M17.11M18.63M22.14M33.38M26.57M17.69M17.67M17.65M17.64M17.64M17.70M19.49M21.43M22.80M24.58M25.16M25.97M27.32M35.41M43.14M55.48M
FCF to OCF141.67%98.98%99.17%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF-87.49%100.70%126.91%109.74%257.45%-18.93%-41.61%27.82%20.45%-25.85%67.37%54.89%3729.39%-23.77%32.47%-166.43%-128.12%265.59%-54.59%-184.70%-35.76%-326.03%1331.51%127.17%

Earnings

Report DateFeb 14, 2002May 14, 2002Aug 14, 2002Dec 17, 2002Feb 10, 2003May 12, 2003Aug 14, 2003Dec 11, 2003Feb 17, 2004May 13, 2004Aug 10, 2004Dec 14, 2004Feb 9, 2005May 9, 2005Aug 3, 2005Dec 13, 2005Feb 7, 2006May 3, 2006Aug 1, 2006Dec 6, 2006Feb 6, 2007May 2, 2007Aug 6, 2007Dec 3, 2007Feb 5, 2008May 5, 2008Aug 4, 2008Dec 2, 2008Feb 3, 2009May 5, 2009Aug 3, 2009Nov 23, 2009Feb 1, 2010May 4, 2010Aug 9, 2010Nov 22, 2010Feb 7, 2011May 3, 2011Aug 3, 2011Nov 14, 2011Jan 31, 2012May 1, 2012Aug 1, 2012Nov 12, 2012Jan 29, 2013Apr 30, 2013Jul 31, 2013Nov 19, 2013Feb 3, 2014Apr 30, 2014Jul 30, 2014Nov 12, 2014Feb 2, 2015May 6, 2015Jul 29, 2015Nov 23, 2015Feb 8, 2016May 4, 2016Aug 3, 2016Nov 21, 2016Feb 8, 2017May 3, 2017Aug 2, 2017Nov 20, 2017Feb 5, 2018May 2, 2018Jul 31, 2018Nov 14, 2018Feb 6, 2019May 1, 2019Aug 5, 2019Nov 13, 2019Feb 5, 2020May 4, 2020Jul 29, 2020Nov 10, 2020Feb 3, 2021May 4, 2021Aug 3, 2021Nov 15, 2021Feb 2, 2022May 3, 2022Jul 27, 2022Nov 14, 2022Feb 6, 2023May 2, 2023Jul 26, 2023Nov 13, 2023Feb 5, 2024May 1, 2024Aug 7, 2024Nov 13, 2024Feb 11, 2025May 6, 2025Aug 4, 2025Nov 17, 2025Feb 4, 2026May 6, 2026Aug 4, 2026Nov 16, 2026
EPS Estimate0.240.330.480.270.550.500.590.620.310.640.670.350.780.760.790.410.750.760.810.420.820.840.850.440.810.860.740.340.610.560.460.230.430.420.420.420.210.430.430.480.430.460.420.470.420.430.420.210.420.420.420.480.420.410.410.520.420.420.410.420.430.420.420.210.420.420.430.430.420.430.420.430.420.420.410.400.400.400.400.390.400.400.410.410.480.530.540.590.560.560.530.530.530.510.500.500.480.480.490.48
EPS Actual0.240.280.440.270.480.720.460.560.280.540.900.240.860.740.760.340.780.900.820.420.840.940.840.390.860.660.640.290.580.520.520.200.420.420.420.420.220.420.440.460.420.500.460.440.460.420.420.220.420.420.480.420.360.360.460.520.420.420.420.420.420.420.420.210.420.420.440.420.420.420.420.420.420.420.400.390.400.400.400.400.540.500.400.440.500.520.620.560.540.250.570.500.500.500.500.520.500.520.49-
Surprise0.00%-15.15%-8.33%0.00%-12.73%44.00%-22.03%-9.68%-9.68%-15.63%34.33%-31.43%10.26%-2.63%-3.80%-17.07%4.00%18.42%1.23%0.00%2.44%11.90%-1.18%-11.36%6.17%-23.26%-13.51%-14.71%-4.92%-7.14%13.04%-13.04%-2.33%0.00%0.00%0.00%4.76%-2.33%2.33%-4.17%-2.33%8.70%9.52%-6.38%9.52%-2.33%0.00%4.76%0.00%0.00%14.29%-12.50%-14.29%-12.20%12.20%0.00%0.00%0.00%2.44%0.00%-2.33%0.00%0.00%0.00%0.00%0.00%2.33%-2.33%0.00%-2.33%0.00%-2.33%0.00%0.00%-2.44%-2.50%0.00%0.00%0.00%2.56%35.00%25.00%-2.44%7.32%4.17%-1.89%14.81%-5.08%-3.57%-55.36%7.55%-5.66%-5.66%-1.96%0.00%4.00%4.17%8.33%0.00%-
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Key Statistics & Ratios

Market Cap437.40M
Enterprise Value909.96M
Trailing P/E9.09
Forward P/E10.76
PEG Ratio2.31
Price / Sales4.42
Price / Book0.90
EPS2.13
Book Value21.50
Revenue (TTM)98.93M
Gross Profit (TTM)98.93M
Profit Margin48.67%
Operating Margin74.34%
Return on Equity9.45%
Return on Assets5.17%
Shares Outstanding22.59M
Shares Float0
Beta0.93
Dividend Yield9.37%
Dividend Rate1.80
Payout Ratio31.03%

Analyst Ratings

Hold
Based on 6 analystsTarget 22.00
  • Strong Buy
    1
  • Hold
    5

Ownership Breakdown

Institutions
13.32%
Insiders
0.15%
Retail / Other
86.53%

Top Institutional Holders

  • Van Eck Associates Corporation
    326.35K1.44%
  • UBS Group AG
    256.18K1.13%
  • Legal & General Group PLC
    175.73K0.78%
  • Two Sigma Investments LLC
    162.63K0.72%
  • National Asset Management Inc
    135.58K0.60%
  • Morgan Stanley - Brokerage Accounts
    135.58K0.60%
  • LPL Financial Corp
    113.29K0.50%
  • CF Capital LLC
    105.28K0.47%
  • Millennium Management LLC
    97.49K0.43%
  • Legacy Capital Wealth Partners, LLC
    89.11K0.39%
  • BlackRock Inc
    87.63K0.39%
  • DnB NOR Asset Management (Asia)
    63.93K0.28%
  • Advisors Asset Management
    63.05K0.28%
  • Wells Fargo & Co
    50.23K0.22%
  • Campbell & Co Investment Adviser Llc
    39.23K0.17%
  • BEARING POINT CAPITAL, LLC
    37.00K0.16%
  • XTX Topco Ltd
    34.32K0.15%

Top Fund Holders

  • VanEck BDC Income ETF
    443.99K1.97%
  • iShares Listed Private Eq ETF USD Dist
    85.01K0.38%
  • DNB Fund Listed Private Equity A EURDist
    63.93K0.28%

Dividends

202611×
0.15Oct 23, 20260.15Sep 21, 20260.18Sep 10, 20260.15Aug 18, 20260.15Jul 24, 20260.15Jun 23, 20260.15May 20, 20260.15Apr 24, 20260.15Mar 23, 20260.15Feb 18, 20260.15Jan 23, 2026
202513×
0.15Dec 22, 20250.15Nov 17, 20250.15Oct 24, 20250.10Sep 23, 20250.17Sep 22, 20250.17Aug 20, 20250.17Jul 21, 20250.17Jun 20, 20250.17May 21, 20250.17Apr 21, 20250.17Mar 19, 20250.17Feb 19, 20250.17Jan 24, 2025

Stock Splits

  • Apr 5, 20241:2