Farmland Partners profit margin FPI
Gross, operating and net profit as a share of revenue over the last twelve months, from 2013.
- Net margin, 12 months
- 49.8%
- Peer median
- 19.9%
Over the twelve months to Jun 30, 2026, Farmland Partners kept 49.8% of its revenue as net profit.
Five years earlier its net margin was 12.3%.
The median for 10 specialty REITs of a similar size is 19.9%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin |
|---|---|
| FY2025 | 60.5% |
| FY2024 | n/a |
| FY2023 | 53.8% |
| FY2022 | 19.1% |
| FY2021 | 19.3% |
| FY2020 | 14.0% |
| FY2019 | 25.9% |
| FY2018 | 21.9% |
| FY2017 | 17.1% |
| FY2016 | 13.9% |
| FY2015 | 8.9% |
| FY2014 | n/a |
| FY2013 | −0.7% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q2 FY26 | 49.8% | n/a | |
| Q1 FY26 | 57.9% | n/a | |
| Q4 FY25 | 60.5% | n/a | |
| Q3 FY25 | n/a | n/a | |
| Q2 FY25 | n/a | n/a | |
| Q1 FY25 | n/a | n/a | |
| Q4 FY24 | n/a | n/a | |
| Q3 FY24 | 31.7% | −3.3 pts | |
| Q2 FY24 | 36.9% | +8.1 pts | |
| Q1 FY24 | 53.9% | +33.5 pts | |
| Q4 FY23 | 53.8% | +34.7 pts | |
| Q3 FY23 | 34.9% | +4.6 pts |
Against its peers
Companies in REIT - Specialty nearest Farmland Partners' size, closest first, today.
| Company | Profit margin |
|---|---|
| FPIFarmland Partners | 49.8% |
| TCITranscontinental Realty Investors | 16.1% |
| TRTXTPG RE Finance Trust | 40.2% |
| OLPOne Liberty Properties | n/m |
| XRNChiron Real Estate | 37.8% |
| FBRTFranklin BSP Realty Trust | 20.5% |
| UHTUniversal Health Realty Income Trust | 19.4% |
| CHCTCommunity Healthcare Trust | 16.8% |
| ABRArbor Realty Trust | 12.0% |
| IVRInvesco Mortgage Capital | n/m |
| PMTPennyMac Mortgage Investment Trust | 47.8% |
| Peer median | 19.9% |
Where Farmland Partners ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Farmland Partners
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.