Farmland Partners Inc.
FPI NYSE· Real Estate Investment Trusts
Last close · Oct 23, 2026
$10.25
KIRA · Stoqly’s AI analyst, in plain words
- Farmland Partners Inc. had $52.2M of revenue in fiscal 2025, down 10.4% on the year before. Over five years, revenue changed +0.6% a year on average.
- Farmland Partners Inc. made $31.5M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 23.7% a year.
- Farmland Partners Inc. returned $102M to shareholders in fiscal 2025. The diluted share count fell 8.5%.
- Farmland Partners Inc. owes $152M more than it holds in cash.
Market cap
$445M
P/E
19.7x
Revenue
$52.2M
Net income
$31.5M
Free cash flow
—
Operating margin
—
Farmland Partners Inc. in 30 seconds · fiscal 2025
Are sales growing?
−10.4%
No. Sales fell 10.4% last year.
Does it make a profit?
60.5%
Yes. It keeps 60.5% of every sale as profit.
How healthy are the accounts?
5 / 7
Mixed. It passes 5 of 7 health tests.
How is the share priced?
19.7x
One share costs 19.7 times its yearly profit per share.
What Farmland Partners Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 19, 2026
- Legal name
- Farmland Partners Inc.
- CIK
- 0001591670
Farmland Partners Inc. · FPI
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $51.7M | $61.2M | $57.5M | $58.2M | $52.2M |
| Revenue growth | 2.1% | 18.3% | −6.1% | 1.3% | −10.4% |
| Operating margin | 32.5% | 40.8% | — | — | — |
| Net income | $10.0M | $11.7M | $30.9M | $59.9M | $31.5M |
| Net margin | 19.3% | 19.1% | 53.8% | 102.9% | 60.5% |
| Diluted EPS | −$0.17 | $0.16 | $0.53 | $1.06 | $0.61 |
| Cash | |||||
| Cash from operations | $7.9M | $17.1M | $12.9M | $16.1M | $17.4M |
| Dividends paid | $6.4M | $11.1M | $12.3M | $21.6M | $63.7M |
| Share buybacks | — | — | $72.2M | $27.5M | $37.8M |
| Share count change | 17.9% | 47.1% | 14.4% | −4.0% | −8.5% |
| Debt and strength | |||||
| Cash and short-term investments | $30.2M | $7.7M | $5.5M | $78.4M | $9.3M |
| Debt incl. finance leases | $513M | $439M | $363M | $205M | $162M |
| Shareholders' equity | $472M | $594M | $529M | $495M | $467M |
| Net debt / EBITDA | 19.8x | 13.5x | — | — | — |
| Interest coverage | 1.1x | 1.5x | — | — | — |
| Returns and quality | |||||
| Return on capital | 1.8% | 2.4% | — | — | — |
| Return on equity | 2.6% | 2.2% | 5.5% | 11.7% | 6.6% |
| Return on tangible equity | −1.2% | 1.4% | 5.3% | 11.5% | 6.2% |
| Piotroski F-score | 4 | 6 | 5 | 6 | 5 |
Insiders bought, 12 months
$0.1M
3 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Farmland Partners Inc. · FPI
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $10.25 a share, the company is worth $445M: 19.7 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001591670). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.