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Side-by-side financial comparison of CTO Realty Growth, Inc. (CTO) and GLADSTONE LAND Corp (LAND). Click either name above to swap in a different company.

GLADSTONE LAND Corp is the larger business by last-quarter revenue ($41.5M vs $41.2M, roughly 1.0× CTO Realty Growth, Inc.). CTO Realty Growth, Inc. runs the higher net margin — 15.1% vs 10.2%, a 4.9% gap on every dollar of revenue. On growth, GLADSTONE LAND Corp posted the faster year-over-year revenue change (96.5% vs 15.0%). Over the past eight quarters, GLADSTONE LAND Corp's revenue compounded faster (43.1% CAGR vs 19.5%).

Keller Williams Realty is an American technology and international real estate franchise with headquarters in Austin, Texas. It is the largest real estate franchise in the United States by sales volume as of 2022.

Hongkong Land (HKL) is a property investment, management and development group with commercial and residential property interests across Asia. It owns and manages some 850,000 sq. m. of office and retail property in Asia, principally in Hong Kong and Singapore. Its Hong Kong portfolio represents some 450,000 sq. m. of commercial property, making it the single largest landlord in Central, Hong Kong. In Singapore it has 165,000 sq. m. of office space mainly held through joint ventures. While it...

CTO vs LAND — Head-to-Head

Bigger by revenue
LAND
LAND
1.0× larger
LAND
$41.5M
$41.2M
CTO
Growing faster (revenue YoY)
LAND
LAND
+81.5% gap
LAND
96.5%
15.0%
CTO
Higher net margin
CTO
CTO
4.9% more per $
CTO
15.1%
10.2%
LAND
Faster 2-yr revenue CAGR
LAND
LAND
Annualised
LAND
43.1%
19.5%
CTO

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CTO
CTO
LAND
LAND
Revenue
$41.2M
$41.5M
Net Profit
$6.2M
$4.2M
Gross Margin
Operating Margin
175.0%
Net Margin
15.1%
10.2%
Revenue YoY
15.0%
96.5%
Net Profit YoY
174.4%
680.0%
EPS (diluted)
$0.13
$-0.05

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CTO
CTO
LAND
LAND
Q1 26
$41.2M
Q4 25
$38.3M
$41.5M
Q3 25
$37.8M
$17.8M
Q2 25
$37.6M
$12.3M
Q1 25
$35.8M
$16.8M
Q4 24
$35.7M
$21.1M
Q3 24
$31.8M
$22.6M
Q2 24
$28.8M
$21.3M
Net Profit
CTO
CTO
LAND
LAND
Q1 26
$6.2M
Q4 25
$28.3M
$4.2M
Q3 25
$2.9M
$2.1M
Q2 25
$-23.4M
$-7.9M
Q1 25
$2.3M
$15.1M
Q4 24
$-15.2M
$540.0K
Q3 24
$6.2M
$6.0K
Q2 24
$1.2M
$-823.0K
Gross Margin
CTO
CTO
LAND
LAND
Q1 26
Q4 25
75.0%
Q3 25
75.4%
Q2 25
73.0%
Q1 25
75.2%
Q4 24
74.4%
Q3 24
74.4%
Q2 24
71.1%
Operating Margin
CTO
CTO
LAND
LAND
Q1 26
175.0%
Q4 25
75.1%
Q3 25
26.6%
Q2 25
-33.7%
Q1 25
22.0%
Q4 24
-20.4%
Q3 24
15.6%
Q2 24
18.8%
Net Margin
CTO
CTO
LAND
LAND
Q1 26
15.1%
Q4 25
73.9%
10.2%
Q3 25
7.7%
11.7%
Q2 25
-62.2%
-64.1%
Q1 25
6.3%
89.9%
Q4 24
-42.6%
2.6%
Q3 24
19.6%
0.0%
Q2 24
4.1%
-3.9%
EPS (diluted)
CTO
CTO
LAND
LAND
Q1 26
$0.13
Q4 25
$0.81
$-0.05
Q3 25
$0.03
$-0.11
Q2 25
$-0.77
$-0.38
Q1 25
$0.01
$0.25
Q4 24
$-0.69
$-0.15
Q3 24
$0.17
$-0.16
Q2 24
$-0.03
$-0.19

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CTO
CTO
LAND
LAND
Cash + ST InvestmentsLiquidity on hand
$8.3M
$27.2M
Total DebtLower is stronger
$473.6M
Stockholders' EquityBook value
$575.4M
$670.3M
Total Assets
$1.3B
$1.2B
Debt / EquityLower = less leverage
0.71×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTO
CTO
LAND
LAND
Q1 26
$8.3M
Q4 25
$6.5M
$27.2M
Q3 25
$9.3M
$11.3M
Q2 25
$8.6M
$30.5M
Q1 25
$8.4M
$42.9M
Q4 24
$9.0M
$18.3M
Q3 24
$8.2M
$13.2M
Q2 24
$4.8M
$49.8M
Total Debt
CTO
CTO
LAND
LAND
Q1 26
Q4 25
$616.3M
$473.6M
Q3 25
$604.2M
$480.4M
Q2 25
$605.4M
$496.4M
Q1 25
$602.2M
$498.8M
Q4 24
$519.0M
$527.5M
Q3 24
$526.8M
$530.7M
Q2 24
$482.7M
$549.4M
Stockholders' Equity
CTO
CTO
LAND
LAND
Q1 26
$575.4M
Q4 25
$567.3M
$670.3M
Q3 25
$557.3M
$661.8M
Q2 25
$574.1M
$670.1M
Q1 25
$593.9M
$689.9M
Q4 24
$612.8M
$687.2M
Q3 24
$595.8M
$691.2M
Q2 24
$491.8M
$708.5M
Total Assets
CTO
CTO
LAND
LAND
Q1 26
$1.3B
Q4 25
$1.3B
$1.2B
Q3 25
$1.2B
$1.2B
Q2 25
$1.2B
$1.3B
Q1 25
$1.2B
$1.3B
Q4 24
$1.2B
$1.3B
Q3 24
$1.2B
$1.3B
Q2 24
$1.0B
$1.4B
Debt / Equity
CTO
CTO
LAND
LAND
Q1 26
Q4 25
1.09×
0.71×
Q3 25
1.08×
0.73×
Q2 25
1.05×
0.74×
Q1 25
1.01×
0.72×
Q4 24
0.85×
0.77×
Q3 24
0.88×
0.77×
Q2 24
0.98×
0.78×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CTO
CTO
LAND
LAND
Operating Cash FlowLast quarter
$7.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.66×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTO
CTO
LAND
LAND
Q1 26
Q4 25
$64.6M
$7.0M
Q3 25
$25.5M
$-12.0M
Q2 25
$21.9M
$3.9M
Q1 25
$10.3M
$4.5M
Q4 24
$59.9M
$29.5M
Q3 24
$21.2M
$-1.4M
Q2 24
$12.9M
$15.9M
Cash Conversion
CTO
CTO
LAND
LAND
Q1 26
Q4 25
2.28×
1.66×
Q3 25
8.75×
-5.77×
Q2 25
Q1 25
4.56×
0.30×
Q4 24
54.72×
Q3 24
3.40×
-227.83×
Q2 24
10.89×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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