Gladstone Land's EBIT per Share for the
three
months ended in Dec. 2023 was $0.21.
Its EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.07.
During the past 12 months, the average EBIT per Share Growth Rate of Gladstone Land was -6.90% per year.
During the past 3 years, the average EBIT per Share Growth Rate was -9.00% per year.
During the past 5 years, the average EBIT per Share Growth Rate was 2.30% per year.
During the past 10 years, the average EBIT per Share Growth Rate was 13.90% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.
The historical rank and industry rank for Gladstone Land's EBIT per Share or its related term are showing as below:
LAND'
s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -24.7 Med: 10.2 Max: 45.1
Current: -9
During the past 13 years, the highest 3-Year average EBIT per Share Growth Rate of Gladstone Land was 45.10% per year. The lowest was -24.70% per year. And the median was 10.20% per year.
LAND's 3-Year EBIT Growth Rate is ranked worse than 84.55% of 576
companies
in the REITs industry
Industry Median: 3.3
vs LAND: -9.00
Gladstone Land's EBIT for the
three
months ended in Dec. 2023 was $7.65 Mil.
Gladstone Land EBIT per Share Historical Data
The historical data trend for Gladstone Land's EBIT per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.07
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Gladstone Land (NAS:LAND) EBIT per Share Explanation
EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.
Gladstone Land EBIT per Share Related Terms
Thank you for viewing the detailed overview of Gladstone Land's EBIT per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Gladstone Land (Gladstone Land) Business Description
Gladstone Land Corp is an externally-managed, agricultural REIT. It is mainly in the business of owning and leasing farmland. It manages operations in one reporting segment. It is focused on the ownership of high-quality farms and farm-related properties that are leased on a triple-net basis to tenants with a strong operating history and deep farming resources. The farmland is predominantly concentrated in locations where farmers are able to grow either fresh produce annual row crops (e.g., certain berries and vegetables), which are typically planted and harvested annually, or certain permanent crops (e.g., almonds, blueberries, pistachios, and wine grapes). To a much lesser extent, it also own farms that grow certain commodity crops (e.g., corn and beans).
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