Farmland Partners Inc. (FPI)
Full history for every metric is available with a Kvantra account
No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 51 | 52 | 61 | 57 | 58 | 52 | 53 | 31 |
| Operating profit | $m | 23 | 26 | ||||||
| Net profit | $m | 7 | 10 | 12 | 31 | 60 | 32 | 26 | 12 |
| EPS reported | $ | 0.62 | 0.54 | ||||||
| Operating cashflow per share | $ | 0.39 | 0.42 | ||||||
| Capex per share | $ | 0.00 | 0.01 | ||||||
| FCF per share | $ | 0.39 | 0.41 | ||||||
| Free cash flow | $m | 17 | 18 | ||||||
| Net debt | $m | 152 | 212 | ||||||
| Book value equity | $m | 459 | 460 | ||||||
| Book value per share | $ | 8.96 | 10.61 | ||||||
| Number of shares | m | 51.26 | 43.37 | ||||||
| DPS (TTM paid) | $ | 0.44 | 0.59 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 15.63 | 20.19 | ||||||
| P/B LTM | x | 0.93 | 0.93 | ||||||
| P/S LTM | x | 8.21 | 8.04 | ||||||
| P/FCF LTM | x | 24.58 | 24.07 | ||||||
| EV/EBITDA LTM | x | 12.63 | 14.46 | ||||||
| EV/Sales LTM | x | 11.12 | 12.12 | ||||||
| Earnings Yield LTM | % | +6.40% | +4.95% | ||||||
| FCF Yield | % | +4.07% | +4.15% | ||||||
| Quality | |||||||||
| ROE | % | +6.87% | +5.61% | ||||||
| ROIC | % | +25.10% | +27.95% | ||||||
| Operating margin | % | +44.18% | +49.22% | ||||||
| Gross margin | % | +64.35% | +82.64% | ||||||
| FCF/Sales | % | +33.40% | +33.40% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | -41.51% | -49.06% | ||||||
| Sales Growth YoY | % | -10.39% | -8.52% | ||||||
| Net Income Growth YoY | % | -47.35% | -57.18% | ||||||
| FCF Growth | % | +7.95% | +10.22% | ||||||
| Operating Profit Growth | % | -9.61% | +2.80% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +14.88% | +5.04% | ||||||
| Dividend Growth | % | +144.44% | +227.78% | ||||||
| Payout Ratio | % | +200.59% | +83.67% | ||||||
| FCF/Debt | x | 0.11 | 0.08 | ||||||
| Net Debt/EBITDA | x | 3.31 | 5.31 | ||||||
| EBIT/Net interest | x | 2.39 | 2.53 | ||||||
| Net debt/market cap | % | +37.60% | +51.83% | ||||||
| Net debt/Equity | x | 0.33 | 0.46 | ||||||
| Gross debt/equity | x | 0.35 | 0.49 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Farmland Partners Inc. functions as an internally managed real estate enterprise, primarily focused on acquiring and holding premium North American agricultural land. The company also provides secured loans to farmers, collateralized by their farm real estate. As of the most recent disclosure, its expansive portfolio includes approximately 155,000 acres distributed across 16 U.S. states, covering significant agricultural areas from Alabama to Virginia. This diversified land base supports nearly 26 different crop varieties and is utilized by over 100 distinct agricultural tenants. Farmland Partners Inc. chose to be taxed as a Real Estate Investment Trust (REIT) for U.S. federal income tax purposes, commencing with the fiscal year that ended December 31, 2014.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Farmland Partners Inc. functions as an internally managed real estate enterprise, primarily focused on acquiring and holding premium North American agricultural land. The company also provides secured loans to farmers, collateralized by their farm real estate. As of the most recent disclosure, its expansive portfolio includes approximately 155,000 acres distributed across 16 U.S. states, covering significant agricultural areas from Alabama to Virginia. This diversified land base supports nearly 26 different crop varieties and is utilized by over 100 distinct agricultural tenants. Farmland Partners Inc. chose to be taxed as a Real Estate Investment Trust (REIT) for U.S. federal income tax purposes, commencing with the fiscal year that ended December 31, 2014.
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