Farmland Partners Inc. (FPI)
NYSE: FPI · IEX Real-Time Price · USD
14.16
-0.27 (-1.87%)
At close: May 20, 2022 4:00 PM
14.15
-0.01 (-0.07%)
After-hours:May 20, 2022 7:59 PM EDT
Income Statement (Quarterly)
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Quarter Ended | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13.89 | 20.05 | 10.11 | 10.01 | 11.58 | 17.92 | 10.6 | 10.52 | 11.65 | 21.88 | 9.85 | 10.95 | 10.89 | 20.89 | 12.55 | 11.42 | 11.21 | 15.56 | 12.05 | 11.46 | 7.15 | 13.33 | 6.95 | 6.03 | 4.69 | 4.6 | 4.17 | 2.88 | 2.1 | 1.48 | 1.26 | 0.79 | 0.69 | 0.62 | 0.58 | 0.56 | 0.56 |
| Revenue Growth (YoY) | 20.00% | 11.88% | -4.71% | -4.79% | -0.64% | -18.11% | 7.68% | -3.94% | 6.99% | 4.72% | -21.52% | -4.12% | -2.84% | 34.24% | 4.18% | -0.36% | 56.74% | 16.74% | 73.42% | 90.02% | 52.39% | 189.89% | 66.61% | 109.12% | 123.11% | 209.93% | 230.33% | 266.74% | 206.72% | 139.35% | 118.83% | 39.35% | 21.79% | - | - | - | - |
| Cost of Revenue | 3.39 | 1.89 | 2.41 | 2.38 | 2.18 | 2.45 | 3.29 | 2.56 | 2.43 | 1.81 | 2.67 | 2.19 | 2.15 | 2.66 | 1.5 | 2.11 | 1.7 | 1.86 | 1.4 | 1.2 | 1.8 | 0.85 | 0.55 | 0.54 | 0.44 | 0.31 | 0.34 | 0.26 | 0.2 | 0.07 | 0.07 | 0.06 | 0.05 | 0.04 | 0 | 0.01 | 0 |
| Gross Profit | 10.5 | 18.16 | 7.7 | 7.64 | 9.39 | 15.46 | 7.31 | 7.95 | 9.22 | 20.07 | 7.18 | 8.76 | 8.74 | 18.23 | 11.05 | 9.31 | 9.51 | 13.71 | 10.65 | 10.26 | 5.35 | 12.48 | 6.4 | 5.49 | 4.25 | 4.29 | 3.83 | 2.63 | 1.9 | 1.41 | 1.2 | 0.73 | 0.64 | 0.58 | 0.58 | 0.55 | 0.56 |
| Selling, General & Admin | 4.36 | 4.86 | 4.35 | 4.8 | 4.36 | 3.77 | 1.68 | 2.25 | 1.93 | 3.4 | 1.87 | 2.71 | 2.1 | 2.57 | 2.7 | 1.99 | 2.43 | 1.72 | 2.16 | 2.35 | 2.48 | 2.82 | 1.92 | 1.84 | 1.89 | 1.66 | 1.33 | 1.15 | 1.14 | 1.18 | 0.73 | 0.84 | 0.13 | 0.75 | 0.01 | 0.02 | 0 |
| Other Operating Expenses | 1.82 | 1.98 | 1.92 | 1.89 | 1.94 | 1.99 | 1.98 | 2.02 | 2 | 2.03 | 2.09 | 2.09 | 2.12 | 2.14 | 2.19 | 2.14 | 2.26 | 1.83 | 2.38 | 2.36 | 2.16 | 1.35 | 2.29 | 0.41 | 0.46 | 0.36 | 0.35 | 0.26 | 0.18 | 0.21 | 0.14 | 0.14 | 0.04 | 0.03 | 0.05 | 0.04 | 0.06 |
| Operating Expenses | 6.18 | 6.83 | 6.26 | 6.68 | 6.3 | 5.76 | 3.66 | 4.27 | 3.93 | 5.43 | 3.95 | 4.81 | 4.21 | 4.71 | 4.89 | 4.12 | 4.69 | 3.55 | 4.53 | 4.71 | 4.64 | 4.17 | 4.21 | 2.26 | 2.36 | 2.02 | 1.68 | 1.41 | 1.33 | 1.39 | 0.88 | 0.98 | 0.17 | 0.78 | 0.06 | 0.06 | 0.06 |
| Operating Income | 4.32 | 11.32 | 1.43 | 0.96 | 3.1 | 9.7 | 3.65 | 3.69 | 5.29 | 14.64 | 3.23 | 3.95 | 4.52 | 13.53 | 6.16 | 5.19 | 4.82 | 10.16 | 6.11 | 5.55 | 0.71 | 8.31 | 2.19 | 3.23 | 1.9 | 2.27 | 2.15 | 1.21 | 0.58 | 0.02 | 0.32 | -0.25 | 0.47 | -0.19 | 0.52 | 0.5 | 0.51 |
| Interest Expense / Income | 3.83 | 3.96 | 4.01 | 3.9 | 4.06 | 4.14 | 4.41 | 4.47 | 4.66 | 4.78 | 4.82 | 5.03 | 4.96 | 4.97 | 5 | 4.44 | 4.39 | 3.71 | 3.68 | 3.45 | 2.72 | 2.09 | 2.07 | 1.95 | 3.85 | 1.38 | 1.39 | 1.07 | 0.77 | 0.46 | 0.29 | 0.29 | 0.33 | 0.34 | 0.35 | 0.33 | 0.33 |
| Other Expense / Income | -0.61 | -5.55 | -0.03 | -0.21 | -3.32 | -0.47 | -1.29 | -0.94 | 0.23 | 0.66 | -0.23 | -7.13 | -0.44 | 1.25 | -2.49 | -0.11 | -0.01 | 0.81 | 0.22 | 0.41 | -0.38 | 1.59 | -0.04 | 0.41 | -0.6 | 0.23 | 0.14 | 0.04 | -0.04 | -0.21 | 0.01 | -0.18 | 0.13 | 0 | 0 | 0 | 0 |
| Pretax Income | 1.11 | 12.92 | -2.55 | -2.74 | 2.36 | 6.04 | 0.53 | 0.16 | 0.39 | 9.19 | -1.36 | 6.05 | 0.01 | 7.31 | 3.64 | 0.86 | 0.44 | 5.64 | 2.22 | 1.69 | -1.63 | 4.63 | 0.17 | 0.87 | -1.35 | 0.66 | 0.63 | 0.11 | -0.16 | -0.24 | 0.03 | -0.36 | 0 | -0.53 | 0.17 | 0.17 | 0.18 |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.09 | 0.1 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | 1.11 | 12.92 | -2.55 | -2.74 | 2.36 | 6.04 | 0.53 | 0.16 | 0.39 | 9.19 | -1.36 | 6.05 | 0.01 | 7.31 | 3.64 | 0.86 | 0.44 | 5.64 | 2.22 | 1.69 | -1.63 | 4.71 | 0.07 | 0.87 | -1.35 | 0.65 | 0.62 | 0.11 | -0.16 | -0.24 | 0.03 | -0.36 | 0 | -0.53 | 0.17 | 0.17 | 0.18 |
| Preferred Dividends | 0.89 | 6.61 | 3.07 | 3.07 | 3.08 | 3.08 | 3.08 | 3.1 | 3.13 | 3.13 | 3.14 | 3.15 | 3.15 | 3.15 | 3.16 | 3.18 | 3.19 | 3.18 | 2 | 0.92 | 0.92 | 0.88 | 0.91 | 0.91 | 0.43 | 0.13 | 0.13 | 0.13 | 0.03 | 0.03 | 0.02 | 0.02 | 0 | 0 | 0 | 0 | 0 |
| Net Income Common | 0.21 | 6.31 | -5.62 | -5.8 | -0.72 | 2.96 | -2.55 | -2.94 | -2.74 | 6.06 | -4.5 | 2.91 | -3.14 | 4.16 | 0.48 | -2.32 | -2.74 | 2.46 | 0.22 | 0.77 | -2.55 | 3.83 | -0.84 | -0.04 | -1.78 | 0.52 | 0.49 | -0.02 | -0.18 | -0.26 | 0.01 | -0.38 | 0 | -0.53 | 0.17 | 0.17 | 0.18 |
| Net Income Growth | - | 113.57% | - | - | - | -51.21% | - | - | - | 45.57% | - | - | - | 69.15% | 119.00% | - | - | -35.80% | - | - | - | 634.10% | - | - | - | - | 9451.54% | - | - | - | -96.96% | - | - | - | - | - | - |
| Shares Outstanding (Basic) | 46 | 35 | 33 | 31 | 30 | 29 | 29 | 29 | 30 | 30 | 29 | 31 | 31 | 31 | 32 | 33 | 33 | 33 | 33 | 32 | 27 | 15 | 14 | 12 | 12 | 10 | 11 | 8 | 8 | 4 | 6 | 3 | 4 | 4 | - | - | - |
| Shares Outstanding (Diluted) | 46 | 35 | 33 | 31 | 30 | 29 | 29 | 29 | 30 | 30 | 29 | 48 | 31 | 31 | 32 | 33 | 33 | 33 | 33 | 32 | 27 | 15 | 14 | 12 | 12 | 10 | 11 | 8 | 8 | 4 | 6 | 3 | - | - | - | - | - |
| Shares Change | 50.51% | 18.12% | 11.45% | 5.57% | 2.95% | -1.32% | -0.99% | -39.15% | -4.05% | -3.75% | -8.46% | 48.64% | -6.73% | -5.73% | -1.95% | 0.26% | 23.65% | 120.91% | 140.17% | 160.66% | 125.61% | 53.98% | 22.63% | 57.76% | 57.16% | 125.77% | 76.84% | 152.01% | - | - | - | - | - | - | - | - | - |
| EPS (Basic) | - | 0.22 | -0.17 | -0.19 | -0.02 | 0.10 | -0.09 | -0.10 | -0.09 | 0.20 | -0.15 | 0.09 | -0.10 | 0.13 | 0.02 | -0.07 | -0.08 | 0.08 | 0.01 | 0.02 | -0.10 | 0.30 | -0.06 | - | -0.15 | 0.05 | 0.04 | - | -0.02 | -0.03 | - | -0.12 | - | - | - | - | - |
| EPS (Diluted) | - | 0.22 | -0.17 | -0.19 | -0.02 | 0.10 | -0.09 | -0.10 | -0.09 | 0.20 | -0.15 | 0.08 | -0.10 | 0.13 | 0.02 | -0.07 | -0.08 | 0.08 | 0.01 | 0.02 | -0.10 | 0.30 | -0.06 | - | -0.15 | 0.05 | 0.04 | - | -0.02 | -0.03 | - | -0.12 | - | - | - | - | - |
| EPS Growth | - | 120.00% | - | - | - | -50.00% | - | - | - | 53.85% | - | - | - | 62.50% | 100.00% | - | - | -73.33% | - | - | - | 500.00% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow Per Share | 0.30 | 1.39 | -0.24 | -0.12 | 1.29 | 0.55 | 0.20 | 0.13 | 0.40 | 0.32 | -0.20 | 0.84 | 0.53 | 0.19 | 0.81 | -0.08 | 0.30 | 0.01 | -0.25 | -0.20 | -0.25 | 0.05 | -0.19 | -0.31 | 0.43 | -0.23 | -0.18 | 0.18 | 0.38 | 0.03 | -0.09 | 0.74 | -0.03 | 0.10 | - | - | - |
| Dividend Per Share | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.12 | 0.12 | 0.10 | 0.10 | - | - | - | - | - |
| Dividend Growth | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -60.94% | -60.94% | -60.63% | -60.63% | 0.79% | 0.79% | 0.00% | -0.78% | -0.78% | -0.78% | -0.78% | 0.79% | 0.00% | 10.34% | 10.34% | 20.95% | 21.90% | - | - | - | - | - | - | - | - | - |
| Gross Margin | 75.57% | 90.57% | 76.15% | 76.28% | 81.16% | 86.30% | 68.95% | 75.63% | 79.17% | 91.72% | 72.90% | 80.01% | 80.22% | 87.27% | 88.03% | 81.53% | 84.86% | 88.06% | 88.38% | 89.56% | 74.78% | 93.62% | 92.11% | 91.03% | 90.62% | 93.35% | 91.89% | 91.02% | 90.49% | 94.99% | 94.84% | 92.40% | 92.74% | 94.05% | 100.00% | 97.91% | 100.00% |
| Operating Margin | 31.10% | 56.49% | 14.19% | 9.54% | 26.76% | 54.14% | 34.41% | 35.08% | 45.40% | 66.89% | 32.76% | 36.12% | 41.54% | 64.75% | 49.05% | 45.43% | 43.02% | 65.25% | 50.76% | 48.44% | 9.90% | 62.35% | 31.53% | 53.62% | 40.41% | 49.42% | 51.67% | 42.09% | 27.39% | 1.34% | 25.44% | -32.19% | 68.43% | -31.28% | 89.46% | 88.06% | 89.86% |
| Profit Margin | 7.96% | 64.45% | -25.27% | -27.31% | 20.39% | 33.69% | 4.97% | 1.54% | 3.38% | 42.01% | -13.85% | 55.28% | 0.07% | 35.00% | 29.00% | 7.53% | 3.94% | 36.22% | 18.40% | 14.72% | -22.74% | 35.36% | 1.01% | 14.46% | -28.86% | 14.18% | 14.97% | 3.71% | -7.47% | -16.00% | 2.19% | -45.56% | - | -86.29% | 29.38% | 30.21% | 31.55% |
| Free Cash Flow Margin | 100.10% | 239.53% | -76.70% | -38.35% | 339.98% | 89.22% | 54.16% | 37.40% | 102.03% | 43.45% | -61.08% | 234.63% | 150.35% | 27.96% | 208.28% | -23.07% | 87.15% | 2.60% | -67.00% | -56.04% | -91.72% | 5.76% | -38.18% | -63.46% | 108.31% | -47.51% | -48.31% | 50.03% | 136.80% | 7.89% | -45.03% | 295.78% | -20.09% | 67.67% | -106.70% | -21.88% | -28.29% |
| Effective Tax Rate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -1.86% | 58.08% | 0.00% | 0.00% | 0.91% | 0.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | - | 0.00% | 0.00% | 0.00% | 0.00% |
| EBITDA | 6.68 | 18.77 | 3.37 | 3.05 | 8.35 | 12.16 | 6.92 | 6.63 | 7.06 | 16 | 5.54 | 13.18 | 7.08 | 14.41 | 10.79 | 7.43 | 6.96 | 11.49 | 8.01 | 7.2 | 2.58 | 7.17 | 2.65 | 3.19 | 2.82 | 2.32 | 2.26 | 1.38 | 0.79 | 0.34 | 0.41 | -0 | 0.37 | -0.15 | 0.55 | 0.53 | 0.54 |
| EBITDA Margin | 48.12% | 93.64% | 33.36% | 30.48% | 72.15% | 67.88% | 65.23% | 63.06% | 60.58% | 73.13% | 56.27% | 120.34% | 65.01% | 68.98% | 86.01% | 65.03% | 62.12% | 73.80% | 66.46% | 62.81% | 36.03% | 53.78% | 38.17% | 52.86% | 60.04% | 50.49% | 54.09% | 47.82% | 37.52% | 23.24% | 32.81% | -0.05% | 54.62% | -24.84% | 96.13% | 94.32% | 96.03% |
| EBIT | 4.93 | 16.87 | 1.46 | 1.17 | 6.42 | 10.17 | 4.94 | 4.63 | 5.06 | 13.97 | 3.45 | 11.08 | 4.96 | 12.28 | 8.64 | 5.3 | 4.83 | 9.35 | 5.9 | 5.14 | 1.09 | 6.72 | 2.23 | 2.82 | 2.5 | 2.04 | 2.02 | 1.18 | 0.62 | 0.23 | 0.31 | -0.07 | 0.33 | -0.19 | 0.52 | 0.5 | 0.51 |
| EBIT Margin | 35.51% | 84.18% | 14.45% | 11.65% | 55.43% | 56.77% | 46.57% | 44.01% | 43.41% | 63.87% | 35.07% | 101.23% | 45.59% | 58.77% | 68.85% | 46.41% | 43.12% | 60.05% | 48.97% | 44.86% | 15.23% | 50.39% | 32.13% | 46.79% | 53.28% | 44.40% | 48.40% | 40.78% | 29.29% | 15.18% | 24.87% | -8.87% | 48.80% | -31.28% | 89.46% | 88.06% | 89.86% |
Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).