Gladstone Land (LAND) Leases (2015 - 2023)
Gladstone Land's quarterly Leases came in at $2.7 million in Q2 2023, up 8.0% year-on-year from $2.5 million in Q2 2022, and down 6.9% quarter-over-quarter from $2.9 million in Q1 2023.
Gladstone Land has reported Leases for 9 years, with the latest figure at $2.7 million in Q2 2023.
- For the quarter ending Q2 2023, Leases rose 8.0% year-over-year to $2.7 million; the trailing twelve-month figure through Jun 2023 stood at $2.7 million (up 8.0% YoY), and the FY2022 full-year result was $3.0 million, up 20.0% from the prior year.
- Leases for Q2 2023 stood at $2.7 million, down from $2.9 million in the prior quarter.
- The five-year high for Leases was $3.5 million in Q3 2022, with the low at $1.9 million in Q2 2021.
- Average Leases over 5 years is $2.4 million, with a median of $2.2 million recorded in 2019.
- Year-over-year, Leases declined 9.52% in 2021 and jumped 66.67% in 2022.
- Tracing LAND's Leases over 5 years: stood at $2.2 million in 2019, then fell by 9.09% to $2.0 million in 2020, then increased by 25.0% to $2.5 million in 2021, then advanced by 20.0% to $3.0 million in 2022, then retreated by 10.0% to $2.7 million in 2023.
- The last three Leases figures came in at $2.7 million (Q2 2023), $2.9 million (Q1 2023), and $3.0 million (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.10 Bn | 103.07 Bn | 2.20 Bn | 1.35 Bn |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn | 8.49 Bn |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - | 1.11 Bn |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn | 5.44 Bn |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn | 482.62 Mn |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn | 2.68 Bn |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn | - |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn | 1.50 Bn |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - | 1.07 Bn |
| 10 | Gladstone Land | 388.95 Mn | 388.95 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 2.70 Mn |
| Mar 31, 2023 | 2.90 Mn |
| Dec 31, 2022 | 3.00 Mn |
| Sep 30, 2022 | 3.50 Mn |
| Jun 30, 2022 | 2.50 Mn |
| Mar 31, 2022 | 2.40 Mn |
| Dec 31, 2021 | 2.50 Mn |
| Sep 30, 2021 | 2.10 Mn |
| Jun 30, 2021 | 1.90 Mn |
| Mar 31, 2021 | 2.00 Mn |
| Dec 31, 2020 | 2.00 Mn |
| Sep 30, 2020 | 2.00 Mn |
| Jun 30, 2020 | 2.10 Mn |
| Mar 31, 2020 | 2.10 Mn |
| Dec 31, 2019 | 2.20 Mn |
| Sep 30, 2019 | 2.20 Mn |
| Jun 30, 2019 | 2.20 Mn |
| Mar 31, 2019 | 2.30 Mn |
| Dec 31, 2018 | 2.40 Mn |
| Sep 30, 2018 | 2.30 Mn |
| Jun 30, 2018 | 2.40 Mn |
| Mar 31, 2018 | 2.40 Mn |
| Dec 31, 2017 | 2.40 Mn |
| Sep 30, 2017 | 2.20 Mn |
| Jun 30, 2017 | 1.80 Mn |
| Mar 31, 2017 | 1.80 Mn |
| Dec 31, 2016 | 1.80 Mn |
| Jun 30, 2016 | 1.73 Mn |
| Dec 31, 2015 | 1.18 Mn |