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Farmland Partners Inc.

Data quality: 100%
FPI
NYSE Real Estate REIT - Specialty
CEO: Luca Fabbri Employees: 23 IPO: Apr 11, 2014
Price
$11.43
Change
▲ $0.18
1.60%
Mkt Cap
507.24M
Day Range
$11.15 $11.48
52-Week Range
$9.37 $13.23
Volume
273,429
50D / 200D Avg
$11.76
$10.83
Prev Close
$11.25

Quick Summary

Key Takeaways

Revenue grew 0.21% annually over 5 years — modest growth
Earnings declined -47.35% over the past year
Net margin of 60.46% shows strong profitability
Debt/Equity of 0.35 — conservative balance sheet
Generating 17.43M in free cash flow
Revenue growth is decelerating — 1Y growth trails 5Y average by 10.60%

Growth

Revenue Growth (5Y)
0.21%
Below sector avg (6.94%)
Revenue (1Y)-10.39%
Earnings (1Y)-47.35%
FCF Growth (3Y)16.28%

Quality

Return on Equity
6.70%
Above sector avg (6.12%)
ROIC2.79%
Net Margin60.46%
Op. Margin44.18%

Safety

Debt / Equity
0.35
Below sector avg (0.91)
Current Ratio537.08
Interest Coverage2.39

Valuation

P/E Ratio
16.08
Above sector avg (11.13)
Forward P/EN/A
P/B Ratio1.10
EV/EBITDA28.59
Dividend Yield14.88%

Price History

Financial Trends

Peer Comparison

vs Real Estate sector median (362 peers)

Metric Stock Sector Median
P/E 16.1 11.1
P/B 1.1 0.8
ROE % 6.7 6.1
Net Margin % 60.5 20.1
Rev Growth 5Y % 0.2 6.9
D/E 0.4 0.9

Dividend History

Yield

14.88%

Payout Ratio

2.02%

Growth (3Y)

N/A

Growth (5Y)

N/A

No dividend history available.

All Fundamental Metrics

Growth
Revenue Growth (1Y) -10.39% Revenue Growth (3Y) -4.71%
Earnings Growth (1Y) -47.35% Earnings Growth (3Y) 1.02%
Revenue Growth (5Y) 0.21% Earnings Growth (5Y) 33.30%
Profitability
Revenue (TTM) 52.18M Net Income (TTM) 31.55M
ROE 6.70% ROA 4.39%
Gross Margin 64.35% Operating Margin 44.18%
Net Margin 60.46% Free Cash Flow (TTM) 17.43M
ROIC 2.79% FCF Growth (3Y) 16.28%
Safety
Debt / Equity 0.35 Current Ratio 537.08
Interest Coverage 2.39
Dividends
Dividend Yield 14.88% Payout Ratio 2.02%
Dividend Growth (3Y) N/A Dividend Growth (5Y) N/A
Consecutive Div Years N/A
Valuation
P/E Ratio 16.08 Forward P/E N/A
P/B Ratio 1.10 P/S Ratio 9.72
PEG Ratio -0.34 Forward PEG N/A
EV/EBITDA 28.59 Fwd EV/EBITDA N/A
Forward P/S N/A Fwd Earnings Yield N/A
FCF Yield 3.44%
Market Cap 507.24M Enterprise Value 659.13M

Income Statement

Annual, most recent first

Income statement data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Revenue 52.18M 58.23M 57.47M 61.21M 51.74M
Net Income 31.55M 59.91M 30.91M 11.67M 9.99M
EPS (Diluted) 0.62 1.06 0.48 0.16 -0.17
Gross Profit 33.58M 46.92M 44.05M 47.05M 42.88M
Operating Income 23.05M 25.51M 23.86M 24.97M 16.79M
EBITDA 45.95M 85.88M 61.67M 35.29M 24.52M
R&D Expenses 0.0 0.0 0.0 0.0 0.0
SG&A Expenses 11.72M 15.73M 12.55M 14.88M 18.38M
D&A 4.17M 5.59M 7.50M 6.96M 7.63M
Interest Expense 9.63M 18.85M 22.66M 16.14M 15.93M
Income Tax -15,000.0 -16,000.0 -166,000.0 227,000.0 16.28M

Balance Sheet

Annual, most recent first

Balance sheet data, annual, most recent first
Metric FY2025 FY2024 FY2023 FY2022 FY2021
Total Assets 719.07M 868.56M 1.02B 1.16B 1.12B
Total Liabilities 181.10M 272.00M 391.19M 455.94M 528.94M
Shareholders' Equity 459.35M 481.91M 515.88M 580.79M 458.31M
Total Debt 161.18M 203.88M 361.26M 437.20M 511.43M
Cash & Equivalents 9.29M 78.44M 5.49M 7.65M 30.17M
Current Assets 91.84M 139.67M 49.49M 39.62M 48.22M
Current Liabilities 171,000.0 68.13M 29.93M 18.74M 16.72M