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Tejon Ranch

TRC

Tejon Ranch Co. is a diversified real estate development and agribusiness company centered on a contiguous 270,000-acre landholding in California.

Market cap
$475.88M-2.0%
Revenue$50.9M+19.2%
Net income$1.7M-21.0%
Free cash flow-$52.1M-21.3%
EPS (diluted)$0.07-22.2%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$8.6M
EPS estimate$0.02

Financials

Q1 2026

Income statement

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Revenue$9.5M+15.8%
Operating income-$1.1M+72.9%
Net income$151.0K+110%
EPS (diluted)$0.01+120%

Balance sheet

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Cash & equivalents$4.7M-62.0%
Total equity$474.5M+0.4%
Total assets$634.2M+3.2%

Cash flow

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Operating cash flow$3.3M+346%
CapEx$1.9M-89.3%
Free cash flow$1.4M+108%

Valuation & ratios

Valuation

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Market cap$475.88M-2.0%
P/E281.6×+95.0×
P/S9.4×-1.7×

Profitability

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Net margin3.3%-1.7pp

Returns & leverage

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Return on equity0.4%-0.1pp
Current ratio2.8×+0.1×

Segments

By segment

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Mineral resources$3.5M+36.1%
Real estate - commercial/industrial$2.8M+0.3%
Ranch operations$1.6M+24.0%
Farming$895.0K-42.5%
Multifamily$696.0K

Competitors

Profile

Tejon Ranch Co. is a diversified real estate development and agribusiness company centered on a contiguous 270,000-acre landholding in California. The company creates value through land entitlement, strategic planning, and the monetization of its portfolio via commercial, industrial, and residential development. Its operations are anchored by a major commerce center that serves as a critical logistics hub between the Los Angeles Basin and the Central Valley.

Competitive position

A dominant regional landholder with a unique 270,000-acre contiguous portfolio strategically located on the Interstate 5 corridor. The company leverages significant water rights and long-term entitlements to maintain a competitive advantage in California's constrained industrial and residential markets.

GeographiesUnited States, California
Customer segmentsFortune 500 Tenants, Agricultural Wholesalers, Energy Producers, Residential Renters
Business modelLand Development and Monetization, Leasing and Property Management, Royalty-based Resource Extraction, Direct Farming
SuppliersCalifornia State Water Project, Governmental Entitlement Agencies, Construction Contractors, Agricultural Labor Providers
CustomersNational Logistics Tenants, Global Food Processors, Energy Utility Companies, Residential Homeowners
Listed1972
Employees87.0
CEOMatthew Walker
FilingsSEC EDGAR

Questions, answered.

What is Tejon Ranch's market cap?
Tejon Ranch (TRC) has a market capitalization of $475.9M and trades on NYSE.
What is Tejon Ranch's revenue and profitability?
Tejon Ranch generated $50.9M in trailing twelve-month revenue with net income of $1.7M, representing a net margin of 3.3%, with free cash flow of -$52.1M. These figures are based on the Q1 2026 filing.
Who are Tejon Ranch's competitors?
Tejon Ranch's key competitors include Prologis, Rexford Industrial Realty, Five Point Holdings, and others. These companies compete in similar markets and product categories.
Who does Tejon Ranch partner with?
Tejon Ranch's notable partners include TravelCenters of America, Majestic Realty Co., Rockefeller Development Group, and others.
What subsidiaries does Tejon Ranch have?
Tejon Ranch's subsidiaries include Centennial Founders, LLC.
Where is Tejon Ranch headquartered?
Tejon Ranch is headquartered in United States of America and employs approximately 87 people. It has been publicly traded since 1972.