GOODGLADSTONE COMMERCIAL CORP
Lessors Of Real Property, NEC
- Revenue
- $161M
- 8.0% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $842M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear457% of net incomeCash flow under 80% of net income
- Dilutive SBCClear—Over 10% of revenue
- Payouts exceed cash flowClear77% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $138M | $149M | $148M | $149M | $161M | 8.0% |
| Net income | $11M | $11M | $5M | $24M | $19M | 20% |
| Operating cash flow | $70M | $69M | $60M | $57M | $88M | 55% |
| Buybacks | — | $0 | $998K | $0 | $0 | |
| Dividends | $68M | $71M | $61M | $63M | $68M | 8.6% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.