Farmland Partners Inc. (FPI)

Farmland Partners Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	30.73	32.17	61.45	31.68	11.96	10.26
Depreciation & Amortization	3.91	4.17	5.59	7.5	6.96	7.63
Stock-Based Compensation	2.11	2.16	2.35	1.85	1.52	1.26
Other Adjustments	-25.5	-19.22	-53.46	-29.34	-1.6	-7.49
Change in Receivables	2.38	1.72	0.23	0.8	-2.45	-1.07
Changes in Inventories	0.09	0.34	-0.32	0.47	0.25	-1.72
Changes in Accrued Expenses	-0.21	-2.74	-2.54	-0.9	-0.15	-0.33
Changes in Unearned Revenue	-1.81	0.3	0.76	0.56	0.06	-0.06
Changes in Other Operating Activities	-0	0.07	0.55	0.25	0.11	-0.64
Operating Cash Flow	19.3	17.43	16.14	12.89	17.05	7.86
Operating Cash Flow Growth	81.86%	7.95%	25.26%	-24.42%	117.04%	-60.17%
Capital Expenditures	-1.55	-7.85	-19.39	-27.98	-58.76	-83.89
Sale of Property, Plant & Equipment	94.96	95.53	311.97	195.49	17	70.64
Purchases of Investments	-25.12	-30.31	-35.82	-11.8	-21.49	-4.69
Proceeds from Sale of Investments	7.03	6.03	12	2.76	2.79	0.04
Payments for Business Acquisitions	-	-	-	-	-	-0.86
Other Investing Activities	-	-	-	-	0.06	-
Investing Cash Flow	75.32	63.4	268.75	158.46	-60.4	-18.77
Long-Term Debt Issued	111.7	31.5	81	79.5	223	41.11
Long-Term Debt Repaid	-81.48	-74.48	-239.52	-155.89	-296.94	-35.91
Net Long-Term Debt Issued (Repaid)	30.22	-42.98	-158.52	-76.39	-73.94	5.2
Issuance of Common Stock	-	-	0.03	0.16	121.37	27.16
Repurchase of Common Stock	-37.15	-37.82	-27.53	-72.61	-	-
Net Common Stock Issued (Repurchased)	-37.15	-37.82	-27.5	-72.45	121.37	27.16
Repurchase of Preferred Stock	-68.2	-	-	-8.1	-10.16	-0.65
Net Preferred Stock Issued (Repurchased)	-68.2	-	-	-8.1	-10.16	-0.65
Common Dividends Paid	-19.62	-65.42	-22.25	-12.57	-11.41	-6.66
Preferred Share Dividends Paid	-2.58	-2.97	-2.97	-3.21	-3.51	-10.05
Other Financing Activities	-1.19	-0.78	-0.71	-0.79	-1.52	-1.13
Financing Cash Flow	-98.53	-149.97	-211.94	-173.51	20.83	13.87
Net Cash Flow	-3.91	-69.15	72.95	-2.17	-22.52	2.95
Free Cash Flow	17.75	9.58	-3.25	-15.1	-41.71	-76.04
Free Cash Flow Growth	85.29%	-	-	-	-	-
FCF Margin	34.12%	18.36%	-5.58%	-26.27%	-68.14%	-146.96%
Free Cash Flow Per Share	0.34	0.19	-0.06	-0.26	-0.82	-2.19
Levered Free Cash Flow	58.57	-19.89	-117.46	-68.7	-117.07	-79.63
Unlevered Free Cash Flow	5.39	-0.47	9.33	-2	-27.02	-62.18

Updated Apr 30, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q