Farmland Partners Inc
Research Farmland Partners Inc (FPI) on Bullrun: market cap USD 448.07M, P/E 22.3, dividend yield 4.9%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerFPI
- ExchangeNYSE
- CountryUnited States
- SectorReal Estate
- IndustryREIT-Specialty
- CurrencyUSD
- Market capUSD 448.07M
- P/E22.3
- Dividend yield4.9%
- Financial periodQ2 2026
- RevenueUSD 9.40M
- Net incomeUSD 3.11M
- Free cash flow-USD 3.07M
- Gross margin75.5%
Valuation Snapshot
latest market cap is USD 448.07M; P/E is 22.3; dividend yield is 4.9%.
Peer valuation comparison
Latest P/E is 22.3x versus a Real Estate sector median of 14.84x (50.3% above).
Latest dividend yield is 4.88% versus a Real Estate sector median of 4.71% (3.7% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 52.18M | USD 31.55M | USD 17.43M | 80.3% | 0.61 | USD 9.29M | USD 161.59M | USD 467.39M |
| FY2024 | USD 58.23M | USD 59.91M | USD 16.14M | 80.6% | 1.06 | USD 78.44M | USD 204.57M | USD 494.59M |
| FY2023 | USD 57.47M | USD 30.91M | USD 12.89M | n/a | 0.53 | USD 5.49M | USD 363.10M | USD 528.84M |
| FY2022 | USD 61.21M | USD 11.67M | n/a | n/a | 0.16 | USD 7.65M | USD 439.49M | USD 594.00M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 448.07M | 22.3 | 4.9% | 0.5 |
| 2025 | 2025-12-31 | USD 417.57M | 17.6 | 4.5% | 0.44 |
| 2024 | 2024-12-31 | USD 540.16M | 11.6 | 11.3% | 1.33 |
| 2023 | 2023-12-29 | USD 601.36M | 41.6 | 3.6% | 0.45 |
| 2022 | 2022-12-30 | USD 680.12M | 73.3 | 2.2% | 0.28 |
| 2021 | 2021-12-31 | USD 543.42M | n/a | 1.7% | 0.2 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.5 USD, yield 4.9%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.44 USD |
| FY2024 | 1.39 USD |
| FY2023 | 0.45 USD |
| FY2022 | 0.23 USD |
About Farmland Partners Inc
Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to third-party farmers (both tenant and non-tenant) and landowners secured by farm real estate and/or other agricultural related assets. As of June 30, 2026, the Company owned approximately 70,100 acres of farmland in 11 states, including Arkansas, California, Colorado, Illinois, Indiana, Louisiana, Missouri, Nebraska, South Carolina, Texas and West Virginia.
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Frequently asked questions
What is Farmland Partners Inc's market cap?
Farmland Partners Inc's market capitalization is USD 448.07M.
What is Farmland Partners Inc's P/E ratio?
Farmland Partners Inc's price-to-earnings (P/E) ratio is 22.3.
Does Farmland Partners Inc pay a dividend?
Farmland Partners Inc has a dividend yield of 4.9%.
What does Farmland Partners Inc do?
Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to third-party farmers (both tenant and non-tenant) and landowners secured by farm real estate and/or other agricultural related assets. As of June 30, 2026, the Company owned approximately 70,100 acres of farmland in 11 states, including Arkansas, California, Colorado, Illinois, Indiana, Louisiana, Missouri, Nebraska, South Carolina, Texas and West Virginia.