Farmland Partners Inc.
FPIReal EstateNASDAQREIT - Specialty
Scan Results
Daily timeframeFarmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to third-party farmers (both tenant and non-tenant) and landowners. The company carries a $461.9M market cap, placing it firmly in the small-cap category. As of March 31, 2026, the Company owned approximately 70,400 acres of farmland in 11 states, including Arkansas, California, Colorado, Illinois, Indiana, Louisiana, Missouri, Nebraska, South Carolina, Texas, and West Virginia.
Market Cap
$461.9M
Beta
0.70
P/E (TTM)
17.64
P/E (Fwd)
52.05
EPS (TTM)
$0.59
EPS (Fwd)
$0.20
ROE
5.8%
ROA
1.8%
Cash
$17.7M
Total Debt
$231.9M
Free CF
$3.9M
52W Change
-8.0%
Annual Financials
Cash vs Debt
On the balance sheet, FPI has $17.7M in cash with $231.9M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Annual free cash flow of $3.9M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of 5.8% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 1.8% is on the lower side, which is common in asset-heavy industries. Revenue has pulled back from $61.2M (2022) to $52.2M (2025), a 15% decline worth watching.
The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Farmland Partners Inc. and its sector.