Farmland Partners Inc. (FPI)

Farmland Partners Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Property, Plant & Equipment	649.21	718.04	961.93	1,106	1,065	1,053
Cash & Equivalents	51.07	78.44	5.49	7.65	30.17	27.22
Accounts Receivable	0.47	3.2	7.74	7.06	4.9	4.12
Other Receivables	-1.34	-2.21	0.06	0	0.08	-
Goodwill	2.71	2.71	2.71	2.71	2.71	-
Other Intangible Assets	1.36	1.37	2.04	2.06	1.92	-
Loans Receivable Current	24.95	24.79	17.05	17.1	-	0.28
Other Current Assets	3.3	4.9	5.24	6.19	7.04	4.01
Trading Asset Securities	0.43	0.5	1.71	2.08	-	-
Deferred Long-Term Charges	-	-	-	0.06	0.04	0.09
Other Long-Term Assets	4.05	4.1	4.14	4.18	3.43	-
Total Assets	776.67	868.56	1,022	1,160	1,122	1,091
Current Portion of Long-Term Debt	82.29	24.99	-	-	0.79	2.9
Current Portion of Leases	0.14	0.19	-	-	-	0.09
Long-Term Debt	110.46	178.7	360.86	436.88	511.32	506.63
Long-Term Leases	0.5	-	0.4	0.33	0.11	-
Accrued Expenses	6.35	10.81	14.5	15.36	14.34	13.54
Other Current Liabilities	2.76	57.25	13.29	3.33	2.34	1.61
Long-Term Unearned Revenue	0.18	0.07	2.15	0.04	0.05	0.04
Total Liabilities	202.67	272	391.19	455.94	528.94	524.8
Preferred Stock, Convertible	-	-	-	-	-	139.77
Common Stock	0.44	0.46	0.48	0.53	0.44	0.3
Additional Paid-In Capital	533.42	551.99	577.24	647.35	524.18	345.87
Distributions in Excess of Earnings	-165.83	-160.41	-95.94	-70.4	-66.59	-53.71
Retained Earnings	96.51	88.35	31.41	-	-	-
Comprehensive Income & Other	1.07	1.51	2.69	3.31	0.28	-2.38
Total Common Equity	465.61	481.91	515.88	580.79	458.31	290.07
Minority Interest	108.39	114.65	114.93	123.43	134.27	136.35
Shareholders' Equity	574	596.56	630.81	704.21	592.59	566.19
Total Liabilities & Equity	776.67	868.56	1,022	1,160	1,122	1,091
Total Debt	193.39	203.88	361.26	437.2	512.22	509.62
Net Cash (Debt)	-141.89	-124.94	-354.06	-427.46	-482.04	-482.4
Net Cash Per Share	-2.40	-2.23	-6.07	-8.39	-13.92	-16.42
Filing Date Shares Outstanding	43.84	45.57	47.68	54.08	45.37	30.41
Total Common Shares Outstanding	44.02	45.6	47.66	54.06	45.18	30.26
Book Value Per Share	10.58	10.57	10.83	10.74	10.14	9.59
Tangible Book Value	461.54	477.83	511.14	576.03	453.69	290.07
Tangible Book Value Per Share	10.48	10.48	10.73	10.66	10.04	9.59
Land	594.51	645.59	869.85	980.52	945.95	924.95
Construction In Progress	1.36	1.48	4.45	14.81	10.65	9.28

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q