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Gladstone Capital Corporation is a United States–based company operating in the financial sector, within the investment and corporate-credit industry.
The company functions as a Business Development Company (BDC), providing capital to middle-market businesses primarily through secured loans, structured financing and minority equity stakes.
Itwas established in 2001 as part of the Gladstone Companies group, with the purpose of offering financing solutions for businesses seeking alternatives to traditional bank lending.
The company’s portfolio includes senior secured loans, subordinated debt, structured credit instruments and occasional equity co-investments. Gladstone Capital invests across a wide range of industries, focusing on companies with established business models, stable cash flows and consistent repayment capacity.
Its operations are national, centered in the United States, where it works with middle-market companies in sectors such as industrials, services, technology, healthcare and consumer products.
The operational structure includes credit-analysis teams, portfolio-management units, business originators, regulatory-compliance functions and administrative teams integrated into the Gladstone group.
Market factors affecting the company include interest-rate cycles, credit availability, macroeconomic conditions for middle-market businesses, default risks, competitive dynamics among BDCs and private-credit funds, and regulations governing Business Development Companies.
Gladstone Capital Corporation is listed on the Nasdaq under the ticker GLAD.
History and when Gladstone Capital Corporation was founded
Gladstone Capital Corporation was founded in 2001 in the United States as part of Gladstone Companies’ strategy to establish investment vehicles focused on corporate credit.
The company emerged during a period of expansion in the BDC sector, as middle-market companies increasingly sought alternative financing outside the traditional banking system.
Throughout the 2000s, the company strengthened its presence in the middle-market lending space, expanded its credit portfolio and enhanced its underwriting and risk-management practices. In the years that followed, it diversified its sector exposure and improved governance and compliance frameworks.
From 2020 to 2024, Gladstone Capital refined its strategy in response to interest-rate changes, prioritized portfolio resilience, pursued credit opportunities in defensive industries and maintained an emphasis on senior secured lending.
The period was also marked by continued focus on prudent investment practices and stable income generation.
Additional Information
The Company Gladstone Capital Corporation (United States), is listed on Nasdaq with a market value of $ 451.44 Millions, having an equity of $ 482.04 Millions.
With a total of 60 employees, the company is listed in the sector of Financial and categorized in industry of Capital Markets.
In the last 12 months the Company had a revenue of $ 57.64 Millions, which generated a profit in the amount of $ 58.12 Millions.
As for its main indicators, the Company has a P/E ratio of 7.77, a P/BV ratio of 0.94 and in the last 12 months the dividend yield of GLAD was at 9.50%.
The Company is traded internationally through the ticker GLAD.
