Alexanders vs Gladstone Commercial
Alexanders is the larger business, with $213m of revenue in fiscal 2025 against $161m for Gladstone Commercial (1.3 times as much). Gladstone Commercial grew faster (8.0% against -5.8%). Alexanders kept more of each dollar of sales as profit: a net margin of 13.2% against 12.0%. Alexanders carries less debt relative to equity (0.0% against 491.0%).
| Latest fiscal year | AlexandersALX, 2025 | Gladstone CommercialGOOD, 2025 |
|---|---|---|
| Revenue | $213m | $161m |
| Revenue growth | -5.8% | 8.0% |
| Net income | $28.2m | $19.3m |
| Operating margin | — | — |
| Net margin | 13.2% | 12.0% |
| Return on equity | 19.7% | 11.2% |
| Free cash flow | — | — |
| Cash | $128m | $10.8m |
| Total debt | $0 | $843m |
| Debt to equity | 0.0% | 491.0% |
| Dividend per share | $18.00 | $1.20 |
| Dividend yield | 7.2% | 12.5% |
| Share buybacks | — | $0 |
| Employees | — | 75 |
| Market value | $1.25bn | $555m |
| Price vs our value range | — | — |
| Moat score | 68 (Moderate) | 30 (Weak) |
| Insider trades, 12 months | 0 buys, 1 sales | 13 buys, 0 sales |