Company Analysis

Farmland Partners Inc. (FPI)

NYSE: FPI · Real Estate Investment Trusts · Denver, CO · filing with the SEC since 2013
Grade4.8
◀ Past 4.8● Present 5.6▶ Future 3.5

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 19, 2026Feb 20, 2025Feb 29, 2024Feb 23, 2023Mar 1, 2022Mar 19, 2021Mar 13, 2020Mar 15, 2019Mar 5, 2018Feb 23, 2017
Revenue52,178,00058,226,00057,466,00061,210,00051,739,00050,689,00053,564,00056,069,00046,219,00031,001,000
For lenders
Provision for credit losses1,926,000140,00076,00092,000·0200,000···
General and administrative11,724,00014,071,00011,274,00012,005,0008,208,0005,896,0006,102,0007,352,000r7,258,0007,023,000
Total operating expenses46,945,00033,539,00039,467,00036,236,00034,926,00028,360,00027,227,00026,376,00023,691,00015,369,000
Operating income···24,974,00016,813,00022,329,00026,337,00029,693,00022,528,00015,632,000
Interest expense9,627,00018,854,00022,657,00016,143,00015,929,00017,677,00019,588,00018,799,00013,561,0009,959,000
Share of profit of equity-method investments194,000125,0001,00052,00019,000·····
Other income (expense), net493,000123,00039,000663,000······
Total non-operating income (expense)26,924,00036,747,00013,516,000-12,787,000-6,554,000-14,799,000-11,487,000-15,653,000-13,370,000-9,622,000
Income before income taxes32,157,00061,434,00031,515,00012,187,00010,259,0007,530,00014,850,00014,040,0009,158,0006,010,000
Income tax expense-15,000-16,000-166,000227,000000··11,000
Net income including non-controlling interests32,172,00061,450,00031,681,00011,960,00010,259,0007,530,00014,850,00014,040,0009,158,0005,999,000
Net income31,545,00059,911,00030,913,00011,674,0009,991,0007,119,00013,886,00012,254,0007,914,0004,302,000
Net income to common shareholders28,797,00056,428,00027,786,0008,401,000-5,834,000-5,279,0001,324,000-420,000907,0001,178,000
Earnings per share, basic0.651.190.550.16-0.17-0.180.04-0.010.030.09
Earnings per share, diluted0.611.060.530.16-0.17-0.180.04-0.010.030.09
Weighted average shares, basic44,19647,54650,24350,95334,64129,37630,16932,16231,21013,204
Weighted average shares, diluted51,25555,98758,29250,95334,64129,37630,16932,16231,21013,204
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton FPI · research, not advice