Farmland Partners Inc. (FPI)

NYSE: FPI · Real-Time Price · USD

9.60

+0.04 (0.42%)

At close: Jul 24, 2026, 4:00 PM EDT

9.69

+0.09 (0.90%)

After-hours: Jul 24, 2026, 7:34 PM EDT

Farmland Partners Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
Revenue	52.03	52.18	58.23	57.47	61.21	51.74
Revenue Growth	-7.90%	-10.39%	1.32%	-6.12%	18.30%	2.07%
Gross Profit	42.41	41.92	46.92	44.05	47.05	42.88
Operating Income	4.96	5.23	24.69	18	24.97	16.81
Net Income	27.93	28.8	56.43	27.79	8.4	-5.83
Earnings Per Share	0.58	0.61	1.06	0.53	0.16	-0.17
EPS Growth	-45.79%	-42.45%	100.00%	231.25%	-	-

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
Cash & Investments	17.74	9.29	78.44	5.49	7.65	30.17
Total Debt	231.91	161.01	203.88	361.26	437.2	511.43
Net Cash (Debt)	-214.17	-151.72	-125.44	-355.77	-429.55	-481.26
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-4.05	-2.96	-2.24	-6.10	-8.43	-13.89

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
Operating Cash Flow	19.3	17.43	16.14	12.89	17.05	7.86
Capital Expenditures	-1.55	-7.85	-19.39	-27.98	-58.76	-83.89
Free Cash Flow	17.75	9.58	-3.25	-15.1	-41.71	-76.04
Free Cash Flow Growth	1668.23%	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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
Gross Margin	81.52%	80.33%	80.58%	76.66%	76.87%	82.88%
Operating Margin	9.54%	10.03%	42.40%	31.32%	40.80%	32.50%
Pretax Margin	59.01%	61.63%	105.51%	54.84%	19.91%	19.83%
Profit Margin	59.05%	61.66%	105.54%	55.13%	19.54%	19.83%
FCF Margin	34.12%	18.36%	-5.58%	-26.27%	-68.14%	-146.96%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 25, 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
Dividend Per Share	0.360	0.240	0.240	0.240	0.230	0.200
Dividend Per Share Growth	-64.03%	0%	0%	4.35%	15.00%	0%
Dividend Yield	3.75%	15.27%	3.98%	2.00%	1.80%	1.61%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 25, 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
PE Ratio	15.97	15.89	11.09	23.55	77.88	-
P/FCF Ratio	-	43.58	-	-	-	-
PS Ratio	8.12	8.00	9.28	10.42	11.06	10.50