Farmland Partners EV/EBIT FPI

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2015.

Today, Oct 23, 2026: 23.3×
10-year median: 31.4×
Against its 10-year history: 11th; percentile: 0 is its lowest day, 100 its highest
10-year range: 18.4× to 69.3×
Peer median: 22.4×

Farmland Partners' EV/EBIT is 23.3× as of Oct 23, 2026.

That is below its ten-year median of 31.4×, lower than on 89% of days in the last ten years.

Over that time it ranged from 18.4× in Apr 2025 to 69.3× in Apr 2022.

The median for 10 specialty REITs of a similar size is 22.4×.

EV/EBIT over time

median 31.4×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	23.3×	20.3×	25.2×
2025	20.3×	18.4×	31.7×
2024	31.2×	31.2×	41.3×
2023	42.5×	38.1×	47.0×
2022	45.1×	44.3×	69.3×
2021	67.0×	28.3×	68.9×
2020	27.8×	25.4×	28.2×
2019	28.2×	23.5×	28.2×
2018	24.3×	24.3×	31.9×
2017	27.7×	27.7×	43.8×
2016	38.5×	37.9×	75.9×
2015	76.0×	75.2×	232×

Against its peers

Companies in REIT - Specialty nearest Farmland Partners' size, closest first, today.

Company	EV/EBIT
FPIFarmland Partners	23.3×
TCITranscontinental Realty Investors	n/m
TRTXTPG RE Finance Trust	67.1×
OLPOne Liberty Properties	17.5×
XRNChiron Real Estate	18.4×
FBRTFranklin BSP Realty Trust	68.2×
UHTUniversal Health Realty Income Trust	26.0×
CHCTCommunity Healthcare Trust	18.9×
ABRArbor Realty Trust	144×
IVRInvesco Mortgage Capital	n/m
PMTPennyMac Mortgage Investment Trust	14.4×
Peer median	22.4×

Where Farmland Partners ranks

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on Farmland Partners

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.