Farmland Partners Inc. (FPI)
NYSE: FPI · Real-Time Price · USD
8.74
+0.16 (1.86%)
At close: Nov 3, 2026, 4:00 PM EST
8.72
-0.02 (-0.24%)
After-hours: Nov 3, 2026, 7:30 PM EST
Farmland Partners Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Rental Revenue | 34.59 | 35.93 | 47.12 | 49.19 | 48.88 | 45.25 |
Tenant Reimbursements | - | - | - | - | - | 3.45 |
Other Revenue | 7.98 | 9.92 | 8.1 | 8.28 | 12.38 | 3.06 |
| 49.53 | 51.79 | 57.53 | 57.47 | 61.26 | 51.76 | |
Revenue Growth (YoY | -5.06% | -9.98% | 0.11% | -6.19% | 18.36% | 2.11% |
Property Expenses | 8.82 | 10.26 | 11.31 | 13.41 | 14.16 | 8.86 |
Selling, General & Administrative | 13.58 | 14.65 | 14.35 | 12.55 | 14.88 | 18.36 |
Depreciation & Amortization | 3.64 | 4.17 | 5.59 | 7.5 | 6.96 | 7.63 |
Other Operating Expenses | 0.02 | 0.04 | 0.1 | 0.14 | 0.13 | 0.03 |
Total Operating Expenses | 30.98 | 29.12 | 31.35 | 33.61 | 36.13 | 34.87 |
Operating Income | 18.55 | 22.67 | 26.18 | 23.86 | 25.14 | 16.89 |
Interest Expense | -11.26 | -9.63 | -18.85 | -22.66 | -16.14 | -15.93 |
Other Non-Operating Income | 0.37 | 0.49 | 0.12 | 0.04 | 0.66 | 0.07 |
EBT Excluding Unusual Items | 7.66 | 13.53 | 7.45 | 1.24 | 9.66 | 1.02 |
Merger & Restructuring Charges | - | -0 | -0.03 | -0.02 | -0.11 | -0.06 |
Gain (Loss) on Sale of Assets | 14.66 | 35.86 | 54.15 | 36.13 | 2.64 | 9.29 |
Total Insurance Settlements | 0.53 | 0.58 | 0.82 | - | - | - |
Asset Writedown | -12.79 | -17.82 | -0.79 | -5.84 | - | - |
Other Unusual Items | - | - | -0.17 | - | - | - |
Pretax Income | 10.07 | 32.16 | 61.43 | 31.52 | 12.19 | 10.26 |
Income Tax Expense | 0 | -0.02 | -0.02 | -0.17 | 0.23 | - |
Earnings From Continuing Operations | 10.06 | 32.17 | 61.45 | 31.68 | 11.96 | 10.26 |
Minority Interest in Earnings | -0.3 | -0.63 | -1.54 | -0.77 | -0.29 | -0.27 |
Net Income | 9.76 | 31.55 | 59.91 | 30.91 | 11.67 | 9.99 |
Preferred Dividends & Other Adjustments | 0.9 | 2.75 | 3.48 | 3.13 | 3.27 | 15.83 |
Net Income to Common | 8.86 | 28.8 | 56.43 | 27.79 | 8.4 | -5.83 |
Net Income Growth | -86.48% | -48.97% | 103.08% | 230.75% | - | - |
Basic Shares Outstanding | 43 | 44 | 48 | 50 | 51 | 35 |
Diluted Shares Outstanding | 50 | 51 | 56 | 58 | 51 | 35 |
Shares Change | -6.60% | -8.45% | -3.95% | 14.40% | 47.09% | 17.92% |
EPS (Basic) | 0.21 | 0.65 | 1.19 | 0.55 | 0.16 | -0.17 |
EPS (Diluted) | 0.21 | 0.61 | 1.06 | 0.53 | 0.16 | -0.17 |
EPS Growth | -83.85% | -42.29% | 101.08% | 229.76% | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 | 0.330 | 0.240 | 0.240 | 0.240 | 0.230 | 0.200 |
Dividend Growth | 37.50% | 0% | 0% | 4.35% | 15.00% | 0% |
Operating Margin | 37.46% | 43.77% | 45.51% | 41.51% | 41.03% | 32.63% |
Profit Margin | 17.90% | 55.60% | 98.08% | 48.35% | 13.71% | -11.27% |
EBITDA | 22.19 | 26.84 | 31.77 | 31.36 | 32.1 | 24.52 |
EBITDA Margin | 44.81% | 51.82% | 55.22% | 54.56% | 52.39% | 47.37% |
D&A For Ebitda | 3.64 | 4.17 | 5.59 | 7.5 | 6.96 | 7.63 |
EBIT | 18.55 | 22.67 | 26.18 | 23.86 | 25.14 | 16.89 |
EBIT Margin | 37.46% | 43.77% | 45.51% | 41.51% | 41.03% | 32.63% |
Funds From Operations (FFO) | 11.83 | 18.3 | 13.68 | 8.89 | 16.28 | 8.6 |
FFO Per Share | 0.27 | 0.40 | 0.28 | 0.17 | 0.31 | 0.24 |
Adjusted Funds From Operations (AFFO) | 13.08 | 17.87 | 14.07 | 8.14 | 15.76 | 0.41 |
AFFO Per Share | 0.31 | 0.39 | 0.29 | 0.16 | 0.30 | 0.01 |
FFO Payout Ratio | 182.90% | 348.38% | 158.11% | 138.10% | 68.35% | 73.97% |
Effective Tax Rate | 0.04% | - | - | - | 1.86% | - |
Revenue as Reported | 49.99 | 52.18 | 58.23 | 57.47 | 61.21 | 51.74 |