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Tejon Ranch TRC Farming — Selling, general and administrative expenses

Other segment segments

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$602K-21.2%
Multifamily
$178K+67.9%
Real estate - resort/residential
$101K-39.5%
Mineral resources
$96K-48.9%
Ranch operations
$75K-56.1%

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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:SellingGeneralAndAdministrativeExpense.

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
($ in thousands)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Farming revenues$750$607$1,645$2,163
Cost of sales1714437901,743
Selling, general and administrative expenses9369128106
Depreciation and amortization257312586680
Direct farming expenses5218241,5042,529
Operating income (loss) from farming before fixed water obligations229(217)141(366)
Fixed water obligations7656731,7711,516
Operating loss from farming$(536)$(890)$(1,630)$(1,882)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Tejon Ranch's farming — selling, general and administrative expenses?
Tejon Ranch (TRC) reported farming — selling, general and administrative expenses of $93K in Q2 2026.
How has Tejon Ranch's farming — selling, general and administrative expenses changed year-over-year?
Tejon Ranch's farming — selling, general and administrative expenses increased by 34.8% year-over-year, from $69K to $93K.
What does farming — selling, general and administrative expenses mean?
Covers the overhead costs associated with managing the farming segment, including administrative salaries, marketing, and general office expenses. It measures the indirect cost burden required to support the segment's primary agricultural activities.

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