Farmland Partners Inc. (FPI)
NYSE: FPI · Real-Time Price · USD
10.22
+0.10 (0.99%)
At close: May 12, 2025, 4:00 PM
10.22
0.00 (0.00%)
After-hours: May 12, 2025, 7:00 PM EDT
Farmland Partners Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
| Rental Revenue | 43.88 | 47.12 | 49.19 | 48.88 | 45.25 | 43.69 | Upgrade
|
| Tenant Reimbursements | - | - | - | - | 3.45 | 3.64 | Upgrade
|
| Other Revenue | 12.65 | 11.23 | 8.28 | 12.38 | 3.06 | 3.36 | Upgrade
|
| Total Revenue | 56.54 | 58.35 | 57.47 | 61.26 | 51.76 | 50.69 | Upgrade
|
| Revenue Growth (YoY | -0.62% | 1.54% | -6.19% | 18.36% | 2.11% | -5.37% | Upgrade
|
| Property Expenses | 11.11 | 11.31 | 13.41 | 14.16 | 8.86 | 10.74 | Upgrade
|
| Selling, General & Administrative | 14.43 | 14.33 | 12.55 | 14.88 | 18.36 | 9.64 | Upgrade
|
| Depreciation & Amortization | 5.28 | 5.59 | 7.5 | 6.96 | 7.63 | 7.97 | Upgrade
|
| Other Operating Expenses | 0.08 | 0.1 | 0.14 | 0.13 | 0.03 | 0 | Upgrade
|
| Total Operating Expenses | 30.9 | 31.32 | 33.61 | 36.13 | 34.87 | 28.35 | Upgrade
|
| Operating Income | 25.64 | 27.03 | 23.86 | 25.14 | 16.89 | 22.34 | Upgrade
|
| Interest Expense | -16.46 | -18.85 | -22.66 | -16.14 | -15.93 | -17.68 | Upgrade
|
| Other Non-Operating Income | 0.14 | 0.12 | 0.04 | 0.66 | 0.07 | -0.11 | Upgrade
|
| EBT Excluding Unusual Items | 9.32 | 8.3 | 1.24 | 9.66 | 1.02 | 4.55 | Upgrade
|
| Merger & Restructuring Charges | -0.01 | -0.03 | -0.02 | -0.11 | -0.06 | -0.01 | Upgrade
|
| Gain (Loss) on Sale of Assets | 55 | 54.15 | 36.13 | 2.64 | 9.29 | 2.99 | Upgrade
|
| Asset Writedown | -0.79 | -0.79 | -5.84 | - | - | - | Upgrade
|
| Other Unusual Items | -1.4 | -0.2 | - | - | - | - | Upgrade
|
| Pretax Income | 62.12 | 61.43 | 31.52 | 12.19 | 10.26 | 7.53 | Upgrade
|
| Income Tax Expense | -0.02 | -0.02 | -0.17 | 0.23 | - | - | Upgrade
|
| Earnings From Continuing Operations | 62.14 | 61.45 | 31.68 | 11.96 | 10.26 | 7.53 | Upgrade
|
| Minority Interest in Earnings | -1.56 | -1.54 | -0.77 | -0.29 | -0.27 | -0.41 | Upgrade
|
| Net Income | 60.58 | 59.91 | 30.91 | 11.67 | 9.99 | 7.12 | Upgrade
|
| Preferred Dividends & Other Adjustments | 3.48 | 3.48 | 3.13 | 3.27 | 15.83 | 12.4 | Upgrade
|
| Net Income to Common | 57.09 | 56.43 | 27.79 | 8.4 | -5.83 | -5.28 | Upgrade
|
| Net Income Growth | 97.90% | 93.81% | 164.80% | 16.84% | 40.34% | -48.73% | Upgrade
|
| Basic Shares Outstanding | 47 | 48 | 50 | 51 | 35 | 29 | Upgrade
|
| Diluted Shares Outstanding | 55 | 56 | 58 | 51 | 35 | 29 | Upgrade
|
| Shares Change (YoY) | -2.22% | -3.95% | 14.40% | 47.09% | 17.92% | -2.63% | Upgrade
|
| EPS (Basic) | 1.21 | 1.19 | 0.55 | 0.16 | -0.17 | -0.18 | Upgrade
|
| EPS (Diluted) | 1.09 | 1.06 | 0.53 | 0.16 | -0.17 | -0.18 | Upgrade
|
| EPS Growth | 104.48% | 101.08% | 229.76% | - | - | - | Upgrade
|
| Dividend Per Share | 0.240 | 0.240 | 0.240 | 0.230 | 0.200 | 0.200 | Upgrade
|
| Dividend Growth | - | - | 4.35% | 15.00% | - | - | Upgrade
|
| Operating Margin | 45.34% | 46.32% | 41.51% | 41.03% | 32.63% | 44.07% | Upgrade
|
| Profit Margin | 100.99% | 96.70% | 48.35% | 13.71% | -11.27% | -10.41% | Upgrade
|
| EBITDA | 30.92 | 32.62 | 31.36 | 32.1 | 24.52 | 30.31 | Upgrade
|
| EBITDA Margin | 54.68% | 55.90% | 54.56% | 52.39% | 47.37% | 59.80% | Upgrade
|
| D&A For Ebitda | 5.28 | 5.59 | 7.5 | 6.96 | 7.63 | 7.97 | Upgrade
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| EBIT | 25.64 | 27.03 | 23.86 | 25.14 | 16.89 | 22.34 | Upgrade
|
| EBIT Margin | 45.34% | 46.32% | 41.51% | 41.03% | 32.63% | 44.07% | Upgrade
|
| Funds From Operations (FFO) | 13.21 | 13.68 | 8.89 | 16.28 | 8.6 | 12.51 | Upgrade
|
| FFO Per Share | 0.27 | 0.28 | 0.17 | 0.31 | 0.24 | 0.40 | Upgrade
|
| Adjusted Funds From Operations (AFFO) | - | 14.07 | 8.14 | 15.76 | 0.41 | 1.77 | Upgrade
|
| AFFO Per Share | - | 0.29 | 0.16 | 0.30 | 0.01 | 0.06 | Upgrade
|
| FFO Payout Ratio | 487.67% | 158.11% | 138.10% | 68.35% | 73.97% | 47.49% | Upgrade
|
| Effective Tax Rate | - | - | - | 1.86% | - | - | Upgrade
|
| Revenue as Reported | 56.49 | 58.23 | 57.47 | 61.21 | 51.74 | 50.69 | Upgrade
|
Updated Feb 20, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.