profit from every $100 of sales.
$0$100
Farmland Partners
$9.00+0.90% today
-8.0% in 1 year
1-year low $8.431-year high $13.04
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $12.06 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Farmland Partners sold, what it kept, and what it did with the cash.
Sales went from $61.2 million in 2022 to $52.2 million in 2025, with $31.5 million of profit last year.
SalesProfit
Farmland Partners handed back more cash to shareholders than it generated last year.
Buybacks $38M$67M
Free cash flow 2025$17M
Bought back its own shares$38M
Paid as dividends$67M
Cash vs. debt$9M vs. $161M
Farmland Partners vs. similar companies
Farmland Partners grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Farmland Partners | 12.1× · Cheap | ||
 Equinix | 77.3× · Very expensive | ||
 American Tower | 35.1× · Expensive | ||
 Digital Realty | 53.0× · Expensive | ||
 Crown Castle | 87.0× · Very expensive |
AI analysis
An AI analyst reads Farmland Partners's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 61 | 57 | 58 | 52 | |
| 47 | 44 | 47 | 42 | |
| 25 | 24 | 26 | 23 | |
| 35 | 62 | 86 | 46 | |
| 12 | 31 | 60 | 32 | |
| 0.16 | 0.53 | 1.06 | 0.61 | |
| 76.9% | 76.7% | 80.6% | 80.3% | |
| 41.0% | 41.5% | 43.8% | 44.2% | |
| 19.1% | 53.8% | 102.9% | 60.5% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,160 | 1,022 | 870 | 719 |
| Cash | 8 | 5 | 78 | 9 |
| Total debt | 437 | 361 | 204 | 161 |
| Total liabilities | 456 | 391 | 273 | 181 |
| 581 | 516 | 482 | 459 | |
| 51 | 58 | 56 | 51 | |
| 2.2% | 4.9% | 9.2% | 5.3% | |
| 2.0% | 6.0% | 12.4% | 6.9% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 17 | 13 | 16 | 17 | |
| – | – | – | – | |
| 17 | 13 | 16 | 17 | |
| Dividends paid | 15 | 15 | 25 | 67 |
| 10 | 81 | 28 | 38 | |
| 2 | 2 | 2 | 2 |
Valuation
- 12.1×
- 42.2×
- 0.21
- 1.0×
- 7.3×
- 21.8×
- 11.6×
- 4.6%
- 8.3%
- 4.5%
Profitability
- 80.3%
- 44.2%
- 60.5%
- 68.7%
- 3.5%
- 3.9%
- 6.6%
- 4.2%
- 3.5%
- –
Growth
- −5.2%
- +56.2%
- +8.0%
- +17.1%
- +6.3%
Financial health
- 5.8×
- 0.50
- 32.6%
- 2.5×
- 6.16
- 5.99
- 0.08
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 36%of 743
Top 46%of 749
Top 35%of 663
Bottom 11%of 759
Bottom 42%of 759
What analysts expect
- Average price target
- $17.00
- Range
- $17.00 – $17.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 29, 2026 | 0.05 | 0.04 | +25.0% |
| Feb 18, 2026 | 0.25 | 0.21 | +19.0% |
| Oct 29, 2025 | 0.07 | 0.06 | +16.7% |
| Jul 23, 2025 | 0.03 | 0.04 | −25.0% |
| May 7, 2025 | 0.05 | 0.06 | −16.7% |
| Feb 19, 2025 | 0.19 | 0.17 | +11.8% |
| Oct 30, 2024 | 0.03 | 0.01 | +152.5% |
| Jul 24, 2024 | 0.01 | 0.03 | −63.6% |
4.5%of the share price, paid each year
On $1,000 invested$45a year at today's yield, before tax
+17.1%2020 to 2025
Raised–not every year
Paid per share, each year
$0.50 in 2015 → $0.44 in 2025
How safe it looks
211.5% of its profit
Room to growStretchedMore than it earns: 382.8%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
47No pass
Benjamin Graham
45No pass
Philip Fisher
47No pass
Peter Lynch
34No pass
Joel Greenblatt
47No pass
Charlie Munger
50No pass
Terry Smith
39No pass
Questions about Farmland Partners
Is Farmland Partners a good stock to buy?
A business with weak numbers, and the price looks low. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Farmland Partners AI analysis
What does Farmland Partners 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 farmers secured by farm real estate. It is in REIT - Specialty.
Does Farmland Partners pay a dividend?
Yes. At today's price the dividend is 4.5% a year, about 211% of its yearly profit. In 2025 it paid out $66.7 million in dividends.
Is Farmland Partners stock halal?
No. Farmland Partners does not pass our halal screen: its debt is 43% of its market value, at or above the 33% limit. How we check
How has Farmland Partners stock done over the past year?
Down 8.0% over the past twelve months, to $9.00. It traded between $8.43 and $13.04 and is 31.0% below its high.
Who are Farmland Partners's competitors?
The largest listed companies in the same industry are Equinix, American Tower, Digital Realty and Crown Castle. The peers table on this page compares their profit, growth and price with Farmland Partners's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.