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Farmland Partners FPI Drainage Improvements

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Other financials

Income statement

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Revenue$10.1M-1.5%
Operating income$15.0K-99.7%
Net income$640.0K-68.6%
EPS (diluted)$0.01-66.7%

Balance sheet

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Cash & equivalents$17.7M-18.1%
Total debt$125.0K-25.1%
Total assets$711.7M-12.2%

Cash flow

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Operating cash flow$8.2M+29.5%
CapEx$41.0K-85.6%
Free cash flow$8.2M+34.9%

Valuation

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Market cap$418.73M-19.2%
Enterprise value$401.11M-19.3%
P/E13.9×+5.5×
P/S8.1×-1.1×

Profitability

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Operating margin34.8%-5.3pp
Net margin57.9%-52.0pp
FCF margin40.4%

Where this comes from

Reported directly by Farmland Partners in its filing.

Tagged under the XBRL concept fpi:DrainageImprovements.

The official record: Farmland Partners’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Farmland Partners's drainage improvements?
Farmland Partners (FPI) reported drainage improvements of $6.4M in Q1 2026.
How has Farmland Partners's drainage improvements changed year-over-year?
Farmland Partners's drainage improvements decreased by 22.3% year-over-year, from $8.24M to $6.4M.
What is the long-term trend for Farmland Partners's drainage improvements?
Over 5 years (2020 to 2025), Farmland Partners's drainage improvements has grown at a -12.9% compound annual growth rate (CAGR), from $12.81M to $6.4M.
What does drainage improvements mean?
Represents capital expenditures for systems designed to manage soil moisture levels and prevent waterlogging on agricultural land. Effective drainage is critical for ensuring consistent crop health and preventing soil degradation over time. This metric highlights the company's commitment to maintaining and enhancing the quality of its real estate assets.