Gladstone Commercial Debt-to-Equity Ratio Growth & History (GOOD)
Gladstone Commercial's debt-to-equity ratio was 4.95 for fiscal 2025.
View full Gladstone Commercial company overviewGladstone Commercial annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 4.95 | 0.88 | +21.48% |
| 2024 | 2024-12-31 | 4.07 | −0.78 | −16.05% |
| 2023 | 2023-12-31 | 4.85 | 1.15 | +31.17% |
| 2022 | 2022-12-31 | 3.70 | 0.15 | +4.27% |
| 2021 | 2021-12-31 | 3.55 | 0.38 | +12.09% |
| 2020 | 2020-12-31 | 3.17 | 0.13 | +4.20% |
| 2019 | 2019-12-31 | 3.04 | 0.77 | +34.06% |
| 2018 | 2018-12-31 | 2.27 | 0.23 | +11.44% |
| 2017 | 2017-12-31 | 2.03 | −0.09 | −4.22% |
| 2016 | 2016-12-31 | 2.12 | — | — |
| 2014 | 2014-12-31 | 2.31 | −0.13 | −5.40% |
| 2013 | 2013-12-31 | 2.44 | −0.70 | −22.26% |
| 2012 | 2012-12-31 | 3.14 | 0.89 | +39.73% |
| 2011 | 2011-12-31 | 2.25 | — | — |
Gladstone Commercial quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 5.46 | 0.93 | +20.66% |
| Q1 2026 | 2026-03-31 | 5.16 | 1.08 | +26.38% |
| Q4 2025 | 2025-12-31 | 4.95 | 0.88 | +21.48% |
| Q3 2025 | 2025-09-30 | 4.60 | 0.47 | +11.51% |
| Q2 2025 | 2025-06-30 | 4.52 | −0.47 | −9.33% |
| Q1 2025 | 2025-03-31 | 4.08 | −0.83 | −16.92% |
| Q4 2024 | 2024-12-31 | 4.07 | −0.78 | −16.05% |
| Q3 2024 | 2024-09-30 | 4.12 | −0.18 | −4.21% |
| Q2 2024 | 2024-06-30 | 4.99 | 0.82 | +19.74% |
| Q1 2024 | 2024-03-31 | 4.91 | 0.97 | +24.55% |
| Q4 2023 | 2023-12-31 | 4.85 | 1.15 | +31.17% |
| Q3 2023 | 2023-09-30 | 4.31 | 0.84 | +24.19% |
| Q2 2023 | 2023-06-30 | 4.17 | 0.68 | +19.62% |
| Q1 2023 | 2023-03-31 | 3.94 | 0.61 | +18.13% |
| Q4 2022 | 2022-12-31 | 3.70 | 0.15 | +4.27% |
| Q3 2022 | 2022-09-30 | 3.47 | 0.07 | +2.18% |
| Q2 2022 | 2022-06-30 | 3.48 | 0.21 | +6.39% |
| Q1 2022 | 2022-03-31 | 3.34 | 0.18 | +5.70% |
| Q4 2021 | 2021-12-31 | 3.55 | 0.38 | +12.09% |
| Q3 2021 | 2021-09-30 | 3.39 | 0.03 | +0.86% |
| Q2 2021 | 2021-06-30 | 3.27 | 0.00 | +0.11% |
| Q1 2021 | 2021-03-31 | 3.16 | 0.11 | +3.57% |
| Q4 2020 | 2020-12-31 | 3.17 | 0.13 | +4.20% |
| Q3 2020 | 2020-09-30 | 3.36 | 1.01 | +43.10% |
| Q2 2020 | 2020-06-30 | 3.27 | 1.02 | +45.56% |
| Q1 2020 | 2020-03-31 | 3.05 | 0.85 | +38.53% |
| Q4 2019 | 2019-12-31 | 3.04 | 0.77 | +34.06% |
| Q3 2019 | 2019-09-30 | 2.35 | 0.16 | +7.19% |
| Q2 2019 | 2019-06-30 | 2.25 | 0.09 | +4.02% |
| Q1 2019 | 2019-03-31 | 2.20 | 0.10 | +4.76% |
| Q4 2018 | 2018-12-31 | 2.27 | 0.23 | +11.44% |
| Q3 2018 | 2018-09-30 | 2.19 | 0.25 | +12.89% |
| Q2 2018 | 2018-06-30 | 2.16 | 0.13 | +6.37% |
| Q1 2018 | 2018-03-31 | 2.10 | −0.01 | −0.66% |
| Q4 2017 | 2017-12-31 | 2.03 | −0.09 | −4.22% |
| Q3 2017 | 2017-09-30 | 1.94 | — | — |
| Q2 2017 | 2017-06-30 | 2.03 | — | — |
| Q1 2017 | 2017-03-31 | 2.12 | — | — |
| Q4 2016 | 2016-12-31 | 2.12 | — | — |
| Q1 2015 | 2015-03-31 | 2.25 | −0.41 | −15.38% |
| Q4 2014 | 2014-12-31 | 2.31 | −0.13 | −5.40% |
| Q3 2014 | 2014-09-30 | 2.67 | 0.01 | +0.50% |
| Q2 2014 | 2014-06-30 | 2.53 | 0.30 | +13.59% |
| Q1 2014 | 2014-03-31 | 2.65 | −0.48 | −15.27% |
| Q4 2013 | 2013-12-31 | 2.44 | −0.70 | −22.26% |
| Q3 2013 | 2013-09-30 | 2.66 | −0.11 | −3.92% |
| Q2 2013 | 2013-06-30 | 2.23 | −0.24 | −9.72% |
| Q1 2013 | 2013-03-31 | 3.13 | — | — |
| Q4 2012 | 2012-12-31 | 3.14 | 0.89 | +39.73% |
| Q3 2012 | 2012-09-30 | 2.77 | — | — |
| Q2 2012 | 2012-06-30 | 2.47 | — | — |
| Q4 2011 | 2011-12-31 | 2.25 | — | — |
Gladstone Commercial debt-to-equity ratio trends
Over the last five fiscal years, Gladstone Commercial's debt-to-equity ratio increased from 3.17 to 4.95, a change of 1.78. The latest reported quarter, Q2 2026, shows 5.46.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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