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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Property, Plant & Equipment	643.58	718.04	961.93	1,106	1,065	1,053
Cash & Equivalents	13.47	78.44	5.49	7.65	30.17	27.22
Accounts Receivable	5.77	3.2	7.74	7.06	4.9	4.12
Other Receivables	-0.77	-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	24.9	24.79	17.05	17.1	-	0.28
Other Current Assets	3.14	4.9	5.24	6.19	7.04	4.01
Trading Asset Securities	0.23	0.5	1.71	2.08	-	-
Deferred Long-Term Charges	-	-	-	0.06	0.04	0.09
Other Long-Term Assets	4.22	4.1	4.14	4.18	3.43	-
Total Assets	738.55	868.56	1,022	1,160	1,122	1,091
Current Portion of Long-Term Debt	68.29	24.99	-	-	0.79	2.9
Current Portion of Leases	0.08	0.19	-	-	-	0.09
Long-Term Debt	101.56	178.7	360.86	436.88	511.32	506.63
Long-Term Leases	0.47	-	0.4	0.33	0.11	-
Accrued Expenses	7.01	10.81	14.5	15.36	14.34	13.54
Other Current Liabilities	2.7	57.25	13.29	3.33	2.34	1.61
Long-Term Unearned Revenue	0.06	0.07	2.15	0.04	0.05	0.04
Total Liabilities	180.15	272	391.19	455.94	528.94	524.8
Preferred Stock, Convertible	-	-	-	-	-	139.77
Common Stock	0.43	0.46	0.48	0.53	0.44	0.3
Additional Paid-In Capital	520.4	551.99	577.24	647.35	524.18	345.87
Distributions in Excess of Earnings	-168.42	-160.41	-95.94	-73.96	-66.59	-53.71
Retained Earnings	96.4	88.35	31.41	3.57	-	-
Comprehensive Income & Other	0.65	1.51	2.69	3.31	0.28	-2.38
Total Common Equity	449.46	481.91	515.88	580.79	458.31	290.07
Minority Interest	108.93	114.65	114.93	123.43	134.27	136.35
Shareholders' Equity	558.4	596.56	630.81	704.21	592.59	566.19
Total Liabilities & Equity	738.55	868.56	1,022	1,160	1,122	1,091
Total Debt	170.39	203.88	361.26	437.2	512.22	509.62
Net Cash (Debt)	-156.68	-124.94	-354.06	-427.46	-482.04	-482.4
Net Cash Per Share	-2.92	-2.23	-6.07	-8.39	-13.92	-16.42
Filing Date Shares Outstanding	42.78	45.57	47.68	54.08	45.37	30.41
Total Common Shares Outstanding	42.78	45.6	47.66	54.06	45.18	30.26
Book Value Per Share	10.51	10.57	10.83	10.74	10.14	9.59
Tangible Book Value	445.4	477.83	511.14	576.03	453.69	290.07
Tangible Book Value Per Share	10.41	10.48	10.73	10.66	10.04	9.59
Land	590.04	645.59	869.85	980.52	945.95	924.95
Construction In Progress	1.28	1.48	4.45	14.81	10.65	9.28

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

SEC Filings: 10-K · 10-Q