Farmland Partners Past Earnings Performance

Past criteria checks 1/6

Farmland Partners has been growing earnings at an average annual rate of 61.3%, while the Specialized REITs industry saw earnings growing at 14.8% annually. Revenues have been growing at an average rate of 2.8% per year. Farmland Partners's return on equity is 3.1%, and it has net margins of 26.3%.

Key information

61.3%

Earnings growth rate

57.6%

EPS growth rate

Specialized REITs Industry Growth18.0%
Revenue growth rate2.8%
Return on equity3.1%
Net Margin26.3%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Farmland Partners Massive Land Sale Demonstrates Asset Value

Oct 17

Farmland Partners: Selling A Quarter Of Their Book Confirms 50% Upside To NAV

Oct 07

Farmland Partners: A Better Alternative To Gold Or Treasuries

Sep 24

Farmland Partners: Reaching NAV Unlikely Outside Of A Sale

Jul 11

Farmland Partners Q1 Earnings: Results In Line, Still Pricey

May 01

Farmland Partners: The Store Of Value Thesis

Mar 20

Farmland Partners: Some Structural Merits, But Not Very Compelling At These Levels

Jan 02

Farmland Partners: Why The Strategy Is Not Working

Oct 18

Farmland Partners' ~$18.60 Value Is Obscured By Accounting Intricacies

Aug 15

Farmland Partners: Unique Business But Pricey

Jul 20

Farmland Partners Q4 Earnings: Is The Stock Worth Buying The Dip?

Feb 24

Farmland Partners acquires Illinois Farmland for $2.16M

Feb 03

Farmland Partners: Assessing If A Breakout Is At Hand

Jan 19

Farmland Partners appoints Luca Fabbri as CEO

Nov 08

Farmland Partners Q3 2022 Earnings Preview

Oct 24

Farmland partners purchases two new farms for $3.36M

Oct 12

Farmland Partners Remains A Value Even After Doubling

Sep 14

Farmland Partners: Portfolio Diversifier And Tail Hedge

Sep 02

Farmland Partners sees revenue growth as renewable energy tenant expands solar power portfolio

Aug 24

Farmland Partners acquires two Illinois farms for $6.6M

Aug 03

Farmland Partners Q2 2022 Earnings Preview

Jul 26

Revenue & Expenses Breakdown

How Farmland Partners makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:FPI Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 245815120
30 Jun 245718120
31 Mar 245728130
31 Dec 235728130
30 Sep 235817130
30 Jun 235914130
31 Mar 23609130
31 Dec 22618150
30 Sep 22599160
30 Jun 22573170
31 Mar 2254-5180
31 Dec 2152-6180
30 Sep 2150-9170
30 Jun 2150-6150
31 Mar 2151-3120
31 Dec 2051-5100
30 Sep 2055-290
30 Jun 2054-490
31 Mar 20542100
31 Dec 19541100
30 Sep 1953-190
30 Jun 19554100
31 Mar 1956-190
31 Dec 18560100
30 Sep 1851-290
30 Jun 1850-280
31 Mar 1850190
31 Dec 1746190
30 Sep 17442100
30 Jun 17391100
31 Mar 1733090
31 Dec 1631180
30 Sep 1622-270
30 Jun 1619-170
31 Mar 1616-160
31 Dec 1514150
30 Sep 1511050
30 Jun 158040
31 Mar 156-140
31 Dec 144-130
30 Sep 143-120
30 Jun 143-120
31 Mar 142010
31 Dec 132010

Quality Earnings: FPI has a large one-off gain of $12.6M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: FPI's current net profit margins (26.3%) are lower than last year (29.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: FPI has become profitable over the past 5 years, growing earnings by 61.3% per year.

Accelerating Growth: FPI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: FPI had negative earnings growth (-10%) over the past year, making it difficult to compare to the Specialized REITs industry average (7.2%).


Return on Equity

High ROE: FPI's Return on Equity (3.1%) is considered low.


Return on Assets


Return on Capital Employed


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