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Farmland Partners Inc. (FPI) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $12.19 Metrics
OS: 48.8 M 2 % ROE
Market cap: $595 M 3 % ROIC
Net debt: $933 M
EV: $1.53 B

 
TTM Valuation
EBITDA
EBIT $29.0 M 52.8 x EV/EBIT
EPS $0.23 52.0 x P/E

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
Revenues61.251.750.753.656.146.231.013.8
            Revenue growth18.3%2.1%-5.4%-4.5%21.3%49.1%125.4%226.1%
Cost of goods sold0.00.00.00.00.00.00.00.0
Gross profit61.251.750.753.656.146.231.013.8
            Gross margin100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%
Selling, general and administrative        
General and administrative14.918.49.610.19.78.78.55.3
EBIT25.116.922.326.329.923.518.26.5
            EBIT margin41.1%32.6%44.1%49.2%53.3%50.8%58.6%47.1%
Pre-tax income12.210.37.514.914.09.26.01.7
Income taxes0.20.00.01.01.81.20.00.0
            Tax rate1.9%0.0%0.0%6.5%12.7%13.6%0.2%0.6%
Net income8.4-5.8-5.31.3-0.40.91.20.8
            Net margin13.7%-11.3%-10.4%2.5%-0.7%2.0%3.8%5.9%
 
Diluted EPS$0.16($0.17)($0.18)$0.04($0.01)$0.03$0.09$0.08
Shares outstanding (diluted)51.034.629.430.232.231.213.29.6
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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