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Farmland Partners FPI Operating Income

Discontinued — last reported Q3 '23

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Other financials

Income statement

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Revenue$10.1M-1.5%
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$424.09M-10.5%
Enterprise value$406.47M-4.0%
P/E14.1×+7.5×
P/S8.2×-0.5×

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 us-gaap:OperatingIncomeLoss.

The source filing: Farmland Partners’s 10-Q, filed October 26, 2023.

Filed
Oct 26, 2023
Fiscal quarter
Q4 FY2023
Calendar quarter
Q4 2023
Accession
0001558370-23-016849
Line itemFor the Three Months Ended / September 30, 2023For the Three Months Ended / September 30, 2022For the Nine Months Ended / September 30, 2023For the Nine Months Ended / September 30, 2022
Impairment of assets3,8403,840
Other operating expenses4268165
Total operating expenses11,6028,41528,26626,891
OPERATING INCOME154,7257,60812,496
OTHER (INCOME) EXPENSE:
Other (income) expense(41)(366)23(380)
(Income) loss from equity method investment(5)17(16)
(Gain) loss on disposition of assets(10,293)48(23,179)(3,948)

Item 1. Financial Statements

FAQ

What is Farmland Partners's operating income?
Farmland Partners (FPI) reported operating income of $15K in Q3 2023.
How has Farmland Partners's operating income changed year-over-year?
Farmland Partners's operating income decreased by 99.7% year-over-year, from $4.73M to $15K.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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