Farmland Partners Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 2, 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
Market Capitalization	568	415	562	597	677	538
Market Cap Growth	0.30%	-26.26%	-5.82%	-11.80%	25.82%	113.24%
Enterprise Value	719	680	1,060	1,124	1,197	1,289
Last Close Price	13.04	9.63	11.21	10.61	10.20	9.62
Price/FFO Ratio	23.97	23.97	40.26	61.86	32.93	40.73
Price/AFFO Ratio	24.69	24.69	38.66	66.32	34.01	961.85
PE Ratio	21.30	14.40	9.96	21.48	80.56	-
PS Ratio	10.84	7.92	9.64	10.39	11.05	10.39
PB Ratio	1.21	0.77	0.94	0.95	0.96	0.91
P/OCF Ratio	32.58	23.79	34.83	46.32	39.69	68.47
EV/Sales Ratio	13.73	12.99	18.16	19.56	19.54	24.90
EV/EBITDA Ratio	26.23	24.81	32.52	35.84	37.30	52.57
EV/EBIT Ratio	30.94	29.26	39.24	47.10	47.63	76.32
Debt / Equity Ratio	0.30	0.30	0.34	0.57	0.62	0.86
Debt / EBITDA Ratio	5.81	5.81	6.20	11.45	13.52	20.77
Net Debt / Equity Ratio	0.28	0.28	0.21	0.56	0.61	0.81
Net Debt / EBITDA Ratio	5.53	5.53	3.83	11.29	13.32	19.66
Asset Turnover	0.07	0.07	0.06	0.05	0.05	0.05
Inventory Turnover	4.13	4.13	4.53	5.22	4.83	4.24
Quick Ratio	0.13	0.13	1.19	0.54	0.90	2.01
Current Ratio	0.62	0.62	1.63	1.34	2.14	2.42
Return on Equity (ROE)	5.67%	5.67%	10.01%	4.75%	1.85%	1.77%
Return on Assets (ROA)	1.83%	1.83%	1.78%	1.37%	1.38%	0.95%
Return on Invested Capital (ROIC)	3.26%	3.10%	3.01%	2.24%	2.20%	1.55%
Earnings Yield	5.07%	7.61%	10.66%	5.18%	1.73%	1.86%
Dividend Yield	2.76%	2.49%	2.14%	2.26%	2.25%	2.08%
Payout Ratio	76.77%	202.07%	36.10%	39.70%	95.31%	129.14%
Buyback Yield / Dilution	8.45%	8.45%	3.95%	-14.40%	-47.09%	-17.92%
Total Shareholder Return	11.21%	10.94%	6.09%	-12.14%	-44.84%	-15.84%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q