Farmland Partners Inc.FPI
Market cap
$479.22M
P/E ratio
| Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
| Land. | 152 | 291 | 551 | 948 | 958 | 938 | 925 | 946 | 981 | 870 | 646 |
| Grain facilities | 3 | 5 | 7 | 11 | 12 | 12 | 12 | 11 | 11 | 12 | 8 |
| Groundwater | 5 | 6 | 12 | 12 | 11 | 11 | 10 | 10 | 18 | 11 | 11 |
| Irrigation improvements | 5 | 12 | 16 | 52 | 53 | 54 | 54 | 53 | 50 | 42 | 29 |
| Drainage improvements | 783,475 | 2 | 5 | 10 | 12 | 13 | 13 | 13 | 13 | 10 | 8 |
| Permanent plantings | - | 1 | 2 | 53 | 53 | 52 | 54 | 54 | 50 | 40 | 42 |
| Other | 570,574 | 912,889 | 3 | 8 | 8 | 8 | 8 | 7 | 7 | 5 | 4 |
| Construction in progress | - | 286,488 | 2 | 8 | 10 | 12 | 9 | 11 | 15 | 4 | 1 |
| Real estate, at cost | 166 | 318 | 597 | 1,102 | 1,118 | 1,100 | 1,086 | 1,103 | 1,144 | 995 | 749 |
| Less accumulated depreciation | 777,469 | 2 | 3 | 10 | 18 | 25 | 33 | 38 | 38 | 33 | 32 |
| Total real estate, net | 166 | 316 | 594 | 1,092 | 1,100 | 1,074 | 1,053 | 1,065 | 1,100 | 962 | 718 |
| Deposits | 419,548 | 764,695 | 6 | 0 | - | 0 | - | 0 | 0 | 0 | - |
| Cash and cash equivalents | - | - | - | - | - | - | 27 | 30 | 8 | 5 | 78 |
| Assets held for sale | - | - | - | - | - | - | - | 1 | 0 | 0 | 0 |
| Loans and financing receivables, net | - | 3 | 3 | 10 | 12 | - | - | - | 22 | 31 | 55 |
| Right of use asset | - | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts receivable, net | 336,919 | 703,269 | 4 | 7 | 6 | 6 | 4 | 5 | 7 | 8 | 3 |
| Derivative asset | - | - | - | - | - | - | - | - | 2 | 2 | 0 |
| Inventory | - | 248,597 | 0 | 0 | 0 | 2 | 1 | 3 | 3 | 2 | 3 |
| Equity method investments | - | - | - | - | - | - | - | 3 | 4 | 4 | 4 |
| Intangible assets, net | - | - | - | - | - | - | - | 2 | 2 | 2 | 1 |
| Goodwill | - | - | - | - | - | - | - | 3 | 3 | 3 | 3 |
| Prepaid and other assets | - | - | 1 | 3 | 4 | 3 | 3 | 3 | 3 | 2 | 2 |
| TOTAL ASSETS | 201 | 345 | 656 | 1,166 | 1,140 | 1,103 | 1,091 | 1,122 | 1,160 | 1,022 | 869 |
| Mortgage notes and bonds payable, net | - | - | - | - | 524 | 511 | 507 | 511 | 437 | 361 | 204 |
| Lease liability | - | - | - | - | - | 0 | 0 | - | - | 0 | 0 |
| Dividends payable | 1 | 2 | 3 | 5 | 2 | 2 | 2 | 2 | 3 | 13 | 57 |
| Accrued interest | 238,933 | 681,494 | 2 | 3 | 4 | 3 | 3 | 3 | 4 | 5 | 3 |
| Taxes Payable | 241,221 | 764,542 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Deferred revenue | - | - | - | - | - | - | - | - | - | 2 | 0 |
| Accrued expenses | 651,672 | 1 | 5 | 3 | 4 | 6 | 8 | 10 | 9 | 8 | 6 |
| Total liabilities | 117 | 197 | 320 | 530 | 536 | 526 | 525 | 529 | 456 | 391 | 272 |
| Redeemable Noncontrolling Interest, Equity, Preferred, Carrying Amount | - | - | 120 | 121 | 121 | 121 | 121 | 121 | 110 | 102 | 102 |
| Common Stock, Value, Issued | 75,175 | 117,634 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Additional paid in capital | 69 | 115 | 172 | 350 | 333 | 338 | 346 | 524 | 647 | 577 | 552 |
| Retained earnings | -568,192 | 659,022 | 4 | 5 | 5 | 6 | 1 | -5 | 4 | 31 | 88 |
| Cumulative dividends | 2 | 7 | - | 31 | 43 | 49 | 55 | 62 | 74 | 96 | 160 |
| Other comprehensive income | - | - | - | - | -1 | -2 | -2 | 0 | 3 | 3 | 2 |
| Noncontrolling Interest in Operating Partnerships | 17 | 30 | 54 | 47 | 45 | 19 | 16 | 14 | 13 | 13 | 13 |
| Total equity | 84 | 139 | 216 | 371 | 339 | 314 | 306 | 472 | 594 | 529 | 495 |
| TOTAL LIABILITIES, REDEEMABLE NON-CONTROLLING INTERESTS IN OPERATING PARTNERSHIP AND EQUITY | 201 | 345 | 656 | 1,166 | 1,140 | 1,103 | 1,091 | 1,122 | 1,160 | 1,022 | 869 |