FPI · CIK 0001591670 · operating
Farmland Partners Inc. is an internally managed real estate investment trust headquartered in Denver, Colorado that acquires and owns agricultural real estate across North America. The company's primary business involves purchasing high-quality farmland and providing secured loans to farmers and landowners using farm real estate and agricultural assets as collateral. As of December 31, 2025, the company owned or managed approximately 71,600 acres of farmland across eleven states: Arkansas, California, Colorado, Illinois, Indiana, Louisiana, Missouri, Nebraska, South Carolina, Texas, and West Virginia.
The company operates two principal revenue streams. Its farmland portfolio generates income through leasing arrangements with operating farmers who cultivate the owned properties. Additionally, the company extends agricultural financing to both tenant farmers and non-tenant third parties, generating interest income on loans secured by farm real estate and related agricultural assets.
Beyond its core farmland operations, Farmland Partners owns land and buildings associated with four agricultural equipment dealerships in Ohio. These properties are leased to Ag Pro under the John Deere brand, providing supplementary real estate income. The company operates with a lean organizational structure of eleven full-time employees and maintains REIT tax status, which it has held since the 2014 tax year.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $0.61 | $0.65 | -41.3% | |
| 2024 | $1.04 | $1.22 | +246.7% | |
| 2023 | $0.30 | $0.35 | +233.3% | |
| 2022 | $0.09 | $0.11 | -25.0% | |
| 2021 | $0.12 | $0.14 | +100.0% | |
| 2020 | $0.06 | $0.10 | -33.3% | |
| 2019 | $0.09 | $0.20 | +0.0% | |
| 2018 | $0.09 | $0.12 | +28.6% | |
| 2017 | $0.07 | $0.08 | -61.1% | |
| 2016 | $0.18 | $0.26 | +125.0% | |
| 2015 | $0.08 | $0.08 | — | |
| 2014 | — | — | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-19 | 0001104659-26-017533 | SEC ↗ |
| 2024-12-31 | 2025-02-20 | 0001558370-25-001214 | SEC ↗ |
| 2023-12-31 | 2024-02-29 | 0001558370-24-002182 | SEC ↗ |
| 2022-12-31 | 2023-02-23 | 0001558370-23-001912 | SEC ↗ |
| 2021-12-31 | 2022-03-01 | 0001558370-22-002442 | SEC ↗ |
| 2020-12-31 | 2021-03-19 | 0001558370-21-003254 | SEC ↗ |
| 2019-12-31 | 2020-03-13 | 0001558370-20-002626 | SEC ↗ |
| 2018-12-31 | 2019-03-15 | 0001558370-19-002049 | SEC ↗ |
| 2017-12-31 | 2018-03-05 | 0001558370-18-001471 | SEC ↗ |
| 2016-12-31 | 2017-02-23 | 0001558370-17-000878 | SEC ↗ |
| 2015-12-31 | 2016-03-15 | 0001558370-16-004168 | SEC ↗ |
| 2014-12-31 | 2015-03-03 | 0001558370-15-000260 | SEC ↗ |