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Segments

By segment

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Multifamily$516K+269%
Mineral resources$344K0.0%
Farming$257K-17.6%
Real estate - commercial/industrial$97K-7.6%
Ranch operations$89K-8.2%
Real estate - resort/residential$6K-33.3%

Other financials

Income statement

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Revenue$14.3M+71.7%
Operating income$348.0K+109%
Net income$2.6M+254%
EPS (diluted)$0.10+267%

Balance sheet

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Cash & equivalents$3.9M+54.8%
Total debt$48.6M-3.4%
Total equity$477.6M+1.3%
Total assets$639.5M+3.4%

Cash flow

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Operating cash flow$1.3M+441%
CapEx$1.5M-16.9%
Free cash flow$1.4M+139%

Valuation

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Market cap$450.99M-5.7%
P/E74.7×
P/S7.9×-2.6×

Profitability

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Operating margin-38.9%-41.8pp
Net margin10.6%+9.7pp
FCF margin-10.9%-5.1pp

Returns & leverage

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Return on equity1.3%+1.2pp
Debt / equity0.1×0.0×
Current ratio2.9×+0.7×

Where this comes from

Reported directly by Tejon Ranch in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The source filing: Tejon Ranch’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 2:07 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054146
Depreciation and Amortization / ($ in thousands)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Real estate - commercial/industrial$97$105$200$212
Multifamily5161401,033140
Real estate - resort/residential691320
Mineral resources344344688687
Farming257312586680
Ranch operations8997177192
Corporate8288167179
Total$1,391$1,095$2,864$2,110

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Tejon Ranch's D&A?
Tejon Ranch (TRC) reported D&A of $1.39M in Q2 2026.
How has Tejon Ranch's D&A changed year-over-year?
Tejon Ranch's D&A increased by 27.0% year-over-year, from $1.1M to $1.39M.
What is the long-term trend for Tejon Ranch's D&A?
Over 4 years (2021 to 2025), Tejon Ranch's D&A has grown at a 7.0% compound annual growth rate (CAGR), from $4.59M to $6.01M.
What does D&A mean?
Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

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