The Tip Desk

Farmland Partners Inc.

Company Stats

Market Cap
$495.2M
as of Sep 30, 2026
Shares Outstanding
43.6M
Free Float
85.6%

Income Statement

Revenue
$52.2M
Net Income
$31.5M
Non-cash Impairment
$17.8M
Revenue Growth, 3Y
-5.2%
FCF Margin, 3Y Avg
27.5%
FCF Margin, Worst Year
21.9%

Cash Flow

Free Cash Flow
$17.4M
FCF Yield
3.5%
Owner FCF Yield
3.1%

Returns & Capital

Dividends Paid
$63.7M
Dividend Yield
12.9%
Dividend Payout, 3Y Avg
92.6%
Share Repurchases
$37.8M
Buyback Yield, 3Y Avg
9.3%
SBC, 3Y Avg
$2.1M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$52.2M$17.4M33.4%
FY2024$58.2M$15.9M27.3%
FY2023$57.5M$12.6M21.9%
FY2022$61.2M$16.2M26.5%
FY2021$51.7M$7.4M14.4%

Annual filing data through FY ended December 31, 2025; shares and float as of October 31, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage