Farmland Partners Inc.

Farmland Partners Inc.

FPIยทNYSE

$10.28

-1.0%
Real EstateREIT - Specialty

Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of the date of this release, the Company owns approximately 155,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia. We have approximately 26 crop types and over 100 tenants. The Company elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014.

At a Glance

Live Snapshot
Market Cap$448.17M
EPS0.7100
P/E Ratio14.47
Earnings Date07/22/2026
3Y-15.0%
5Y+3.0%
10Y+68.0%
3Y+170.0%
5Y+343.0%
10Y+633.0%
3Y+2.0%
5Y-12.0%
10Y+246.0%
Farmland Partners Inc.

Farmland Partners Inc. Profit Bridge

FPI ยท NYSE
Revenue52.18M
Cost of Goods Sold (18.60M)
Gross Profit33.58M
Operating Expenses (10.53M)
Operating Income23.05M
Interest Expense (9.63M)
Other Income/Expense9.10M
Pretax Income32.16M
Income Tax (-15.00K)
Net Income31.55M
Net Income
31.55M

Profitability Analysis

Gross Margin

64.4%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

44.2%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

60.5%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

-0.0%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Farmland Partners Inc. Income Statement

FPI โ€ข NYSE

Farmland Partners Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012
REVENUE
52.2M
58.2M
57.5M
61.2M
51.7M
50.7M
53.6M
56.1M
46.2M
31M
13.8M
4.2M
2.4M
2.1M
GROSS PROFIT
(18.6M)
(11.3M)
(13.4M)
(14.2M)
(8.9M)
(10.7M)
(8.8M)
(7.8M)
(5.9M)
(2.4M)
(1.1M)
(248.6K)
(26.8K)
(185.6K)
33.6M
46.9M
44.1M
47.1M
42.9M
40M
44.7M
48.2M
40.3M
28.6M
12.7M
4M
2.3M
1.9M
OPERATING INCOME
(10.5M)
(21.4M)
(20.2M)
(22.1M)
(26M)
(17.6M)
(18.4M)
(18.4M)
(16.9M)
(10.5M)
(6.2M)
(3.2M)
(946.5K)
(174.6K)
(11.7M)
(15.7M)
(12.6M)
(14.9M)
(18.4M)
(9.6M)
(10.1M)
(9.8M)
(8.7M)
(8.5M)
(5.3M)
(2.9M)
(793.4K)
(50.1K)
23.1M
25.5M
23.9M
25M
16.8M
22.3M
26.3M
29.7M
22.5M
15.6M
6.2M
556.8K
1.4M
1.7M
PRE-TAX INCOME
(9.6M)
(18.9M)
(22.7M)
(16.1M)
(15.9M)
(17.7M)
(19.6M)
(18.8M)
(13.6M)
(10M)
(4.6M)
(1.4M)
(1.3M)
(1.2M)
-9.6M
-18.9M
-22.7M
-16.1M
-15.9M
-17.7M
-19.6M
-18.8M
-13.6M
-10M
-4.6M
-1.4M
-1.3M
-1.2M
-1.2M
(5.7M)
(7.6M)
(7.2M)
(7.7M)
(8M)
(8.3M)
(264K)
(391K)
(337K)
(98.4K)
(144K)
(153.1K)
(124.6K)
9.1M
35.9M
7.7M
-12.8M
9.8M
-14.8M
-11.5M
-15.7M
-13.4M
-9.6M
-4.5M
-1.2M
-1.3M
-1.2M
32.2M
61.4M
31.5M
12.2M
26.5M
7.5M
14.9M
14M
9.2M
6M
1.7M
-671.3K
34.2K
586.4K
NET INCOME
-15K
-16K
-166K
(227K)
(16.3M)
(0.0)
(0.0)
(0.0)
(0.0)
(11K)
(10K)
-103.1K
(0.0)
(1.2M)
31.5M
59.9M
30.9M
11.7M
10M
7.1M
14.9M
12.3M
7.9M
4.3M
1.2M
-568.2K
34.2K
586.4K

SEC Filings

FPI - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

April 30, 2026
April 28, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 30, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 29, 2026
April 29, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 17, 2026
April 28, 2026
2026
10-K

10-K 2025 FY

FY

February 19, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 18, 2026
February 18, 2026
2026
10-Q

10-Q 2025 Q3

Q3

October 30, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 29, 2025
October 29, 2025
2025
10-Q

10-Q 2025 Q2

Q2

July 24, 2025
June 30, 2025
2025
8-K

8-K 2025

N/A

July 23, 2025
July 23, 2025
2025
Showing 1 to 10 of 240 filings