Farmland Partners Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 19, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	436	353	543	540	633	473
Market Cap Growth	-19.42%	-34.98%	0.55%	-14.72%	33.89%	129.37%
Enterprise Value	632	579	1,024	1,017	1,120	1,133
Last Close Price	9.96	7.80	10.14	9.59	9.31	8.47
Price/FFO Ratio	19.42	19.42	36.40	55.93	30.04	35.87
Price/AFFO Ratio	20.01	20.01	34.95	59.96	31.03	847.01
PE Ratio	17.79	14.40	9.96	21.48	80.56	-
PS Ratio	9.78	7.92	9.64	10.39	11.05	10.39
PB Ratio	0.95	0.77	0.94	0.95	0.96	0.91
P/OCF Ratio	29.40	23.79	34.83	46.32	39.69	68.47
EV/Sales Ratio	14.21	12.99	18.16	19.56	19.54	24.90
EV/EBITDA Ratio	26.85	24.81	32.52	35.84	37.30	52.57
EV/EBIT Ratio	32.01	29.26	39.24	47.10	47.63	76.32
Debt / Equity Ratio	0.30	0.30	0.34	0.57	0.62	0.86
Debt / EBITDA Ratio	5.81	5.81	6.20	11.45	13.52	20.77
Net Debt / Equity Ratio	0.28	0.28	0.21	0.56	0.61	0.81
Net Debt / EBITDA Ratio	5.53	5.53	3.83	11.29	13.32	19.66
Asset Turnover	0.07	0.07	0.06	0.05	0.05	0.05
Inventory Turnover	4.13	4.13	4.53	5.22	4.83	4.24
Quick Ratio	0.13	0.13	1.19	0.54	0.90	2.01
Current Ratio	0.62	0.62	1.63	1.34	2.14	2.42
Return on Equity (ROE)	5.67%	5.67%	10.01%	4.75%	1.85%	1.77%
Return on Assets (ROA)	1.83%	1.83%	1.78%	1.37%	1.38%	0.95%
Return on Invested Capital (ROIC)	3.26%	3.10%	3.01%	2.24%	2.20%	1.55%
Earnings Yield	5.62%	7.61%	10.66%	5.18%	1.73%	1.86%
Dividend Yield	3.80%	2.62%	2.29%	2.26%	2.31%	2.08%
Payout Ratio	72.67%	202.07%	36.10%	39.70%	95.31%	129.14%
Buyback Yield / Dilution	8.45%	8.45%	3.95%	-14.40%	-47.09%	-17.92%
Total Shareholder Return	12.24%	11.07%	6.24%	-12.14%	-44.78%	-15.85%

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.