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Side-by-side financial comparison of GLADSTONE COMMERCIAL CORP (GOOD) and FIRST FINANCIAL CORP (THFF). Click either name above to swap in a different company.

FIRST FINANCIAL CORP is the larger business by last-quarter revenue ($70.5M vs $43.5M, roughly 1.6× GLADSTONE COMMERCIAL CORP). FIRST FINANCIAL CORP runs the higher net margin — 30.4% vs 12.4%, a 18.0% gap on every dollar of revenue. On growth, GLADSTONE COMMERCIAL CORP posted the faster year-over-year revenue change (16.3% vs 14.1%). Over the past eight quarters, FIRST FINANCIAL CORP's revenue compounded faster (20.8% CAGR vs 10.3%).

Gladstone Commercial Corp is a publicly traded US real estate investment trust focused on acquiring, owning, and operating diversified industrial and commercial properties. It offers long-term net lease agreements to tenants across manufacturing, logistics, healthcare and professional services sectors, mainly serving small to mid-sized business clients.

First American Financial Corporation is an American financial services company which provides title insurance and settlement services to the real estate and mortgage industries.

GOOD vs THFF — Head-to-Head

Bigger by revenue
THFF
THFF
1.6× larger
THFF
$70.5M
$43.5M
GOOD
Growing faster (revenue YoY)
GOOD
GOOD
+2.2% gap
GOOD
16.3%
14.1%
THFF
Higher net margin
THFF
THFF
18.0% more per $
THFF
30.4%
12.4%
GOOD
Faster 2-yr revenue CAGR
THFF
THFF
Annualised
THFF
20.8%
10.3%
GOOD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GOOD
GOOD
THFF
THFF
Revenue
$43.5M
$70.5M
Net Profit
$5.4M
$21.5M
Gross Margin
Operating Margin
37.4%
Net Margin
12.4%
30.4%
Revenue YoY
16.3%
14.1%
Net Profit YoY
-25.1%
32.1%
EPS (diluted)
$0.05
$1.81

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
GOOD
GOOD
THFF
THFF
Q4 25
$43.5M
$70.5M
Q3 25
$40.8M
$65.8M
Q2 25
$39.5M
$63.1M
Q1 25
$37.5M
$62.5M
Q4 24
$37.4M
$61.8M
Q3 24
$39.2M
$58.4M
Q2 24
$37.1M
$49.2M
Q1 24
$35.7M
$48.4M
Net Profit
GOOD
GOOD
THFF
THFF
Q4 25
$5.4M
$21.5M
Q3 25
$4.1M
$20.8M
Q2 25
$4.6M
$18.6M
Q1 25
$5.1M
$18.4M
Q4 24
$7.2M
$16.2M
Q3 24
$11.7M
$8.7M
Q2 24
$1.6M
$11.4M
Q1 24
$3.5M
$10.9M
Operating Margin
GOOD
GOOD
THFF
THFF
Q4 25
37.4%
Q3 25
39.2%
Q2 25
36.2%
Q1 25
38.1%
Q4 24
32.4%
Q3 24
17.9%
Q2 24
27.6%
Q1 24
27.2%
Net Margin
GOOD
GOOD
THFF
THFF
Q4 25
12.4%
30.4%
Q3 25
10.1%
31.6%
Q2 25
11.7%
29.5%
Q1 25
13.7%
29.5%
Q4 24
19.2%
26.3%
Q3 24
29.8%
15.0%
Q2 24
4.3%
23.1%
Q1 24
9.9%
22.6%
EPS (diluted)
GOOD
GOOD
THFF
THFF
Q4 25
$0.05
$1.81
Q3 25
$0.02
$1.75
Q2 25
$0.03
$1.57
Q1 25
$0.04
$1.55
Q4 24
$0.10
$1.37
Q3 24
$0.20
$0.74
Q2 24
$-0.04
$0.96
Q1 24
$0.01
$0.93

Balance Sheet & Financial Strength

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

Metric
GOOD
GOOD
THFF
THFF
Cash + ST InvestmentsLiquidity on hand
$10.8M
Total DebtLower is stronger
$843.5M
$188.2M
Stockholders' EquityBook value
$171.8M
$650.9M
Total Assets
$1.2B
$5.8B
Debt / EquityLower = less leverage
4.91×
0.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GOOD
GOOD
THFF
THFF
Q4 25
$10.8M
Q3 25
$18.4M
Q2 25
$11.7M
Q1 25
$10.4M
Q4 24
$11.0M
Q3 24
$10.5M
Q2 24
$10.4M
Q1 24
$10.5M
Total Debt
GOOD
GOOD
THFF
THFF
Q4 25
$843.5M
$188.2M
Q3 25
$843.3M
$170.5M
Q2 25
$794.4M
$122.7M
Q1 25
$740.7M
$124.9M
Q4 24
$693.4M
$28.1M
Q3 24
$692.6M
$30.5M
Q2 24
$722.5M
$108.6M
Q1 24
$719.4M
$58.6M
Stockholders' Equity
GOOD
GOOD
THFF
THFF
Q4 25
$171.8M
$650.9M
Q3 25
$184.8M
$622.2M
Q2 25
$177.2M
$587.7M
Q1 25
$183.2M
$571.9M
Q4 24
$171.2M
$549.0M
Q3 24
$168.9M
$566.0M
Q2 24
$145.7M
$530.7M
Q1 24
$147.3M
$520.8M
Total Assets
GOOD
GOOD
THFF
THFF
Q4 25
$1.2B
$5.8B
Q3 25
$1.3B
$5.7B
Q2 25
$1.2B
$5.6B
Q1 25
$1.2B
$5.5B
Q4 24
$1.1B
$5.6B
Q3 24
$1.1B
$5.5B
Q2 24
$1.1B
$4.9B
Q1 24
$1.1B
$4.9B
Debt / Equity
GOOD
GOOD
THFF
THFF
Q4 25
4.91×
0.29×
Q3 25
4.56×
0.27×
Q2 25
4.48×
0.21×
Q1 25
4.04×
0.22×
Q4 24
4.05×
0.05×
Q3 24
4.10×
0.05×
Q2 24
4.96×
0.20×
Q1 24
4.88×
0.11×

Cash Flow & Capital Efficiency

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

Metric
GOOD
GOOD
THFF
THFF
Operating Cash FlowLast quarter
$88.2M
$90.4M
Free Cash FlowOCF − Capex
$86.4M
FCF MarginFCF / Revenue
122.5%
Capex IntensityCapex / Revenue
5.6%
Cash ConversionOCF / Net Profit
16.38×
4.21×
TTM Free Cash FlowTrailing 4 quarters
$144.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GOOD
GOOD
THFF
THFF
Q4 25
$88.2M
$90.4M
Q3 25
$18.9M
$26.9M
Q2 25
$35.8M
$12.7M
Q1 25
$17.7M
$21.1M
Q4 24
$57.0M
$60.4M
Q3 24
$5.5M
$23.3M
Q2 24
$13.6M
$8.8M
Q1 24
$15.0M
$12.4M
Free Cash Flow
GOOD
GOOD
THFF
THFF
Q4 25
$86.4M
Q3 25
$25.8M
Q2 25
$11.6M
Q1 25
$20.5M
Q4 24
$54.3M
Q3 24
$19.5M
Q2 24
$8.4M
Q1 24
$11.5M
FCF Margin
GOOD
GOOD
THFF
THFF
Q4 25
122.5%
Q3 25
39.2%
Q2 25
18.4%
Q1 25
32.8%
Q4 24
87.8%
Q3 24
33.5%
Q2 24
17.2%
Q1 24
23.7%
Capex Intensity
GOOD
GOOD
THFF
THFF
Q4 25
5.6%
Q3 25
1.7%
Q2 25
1.8%
Q1 25
0.9%
Q4 24
9.9%
Q3 24
6.5%
Q2 24
0.7%
Q1 24
2.0%
Cash Conversion
GOOD
GOOD
THFF
THFF
Q4 25
16.38×
4.21×
Q3 25
4.57×
1.29×
Q2 25
7.74×
0.68×
Q1 25
3.44×
1.14×
Q4 24
7.93×
3.72×
Q3 24
0.47×
2.67×
Q2 24
8.44×
0.77×
Q1 24
4.26×
1.14×

Financial Flow Comparison

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

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