What is Tejon Ranch's multifamily — operating expenses?

Tejon Ranch (TRC) reported multifamily — operating expenses of $334K in Q2 2026.

What does multifamily — operating expenses mean?

Includes the day-to-day costs associated with running the multifamily residential properties, such as utilities, property taxes, insurance, and on-site staffing. Monitoring these expenses is essential for evaluating the operational efficiency and cost control of the residential portfolio.

Tejon Ranch (TRC) Multifamily — Operating Expenses

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Other segment segments

Ranch operations

$1.13M+5.8%

Real estate - commercial/industrial

$659K+16.0%

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Other financials

Income statement

See full

Revenue$14.3M+71.7%

Operating income$348.0K+109%

Net income$2.6M+254%

EPS (diluted)$0.10+267%

Balance sheet

See full

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

See full

Operating cash flow$1.3M+441%

CapEx$1.5M-16.9%

Free cash flow$1.4M+139%

Valuation

See full

Market cap$450.99M-4.3%

P/E74.7×—

P/S7.9×-2.5×

Profitability

See full

Operating margin-38.9%-41.8pp

Net margin10.6%+9.7pp

FCF margin-10.9%-5.1pp

Returns & leverage

See full

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:OtherCostAndExpenseOperating.

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, 2026	Three Months Ended June 30, 2025	Six Months Ended June 30, 2026	Six Months Ended June 30, 2025
Multifamily revenues	$857	$15	$1,553	$15
Operating expenses	334	75	701	138
Selling, general and administrative expenses	178	106	318	234
Net operating income (loss)	345	(166)	534	(357)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Tejon Ranch's multifamily — operating expenses?: Tejon Ranch (TRC) reported multifamily — operating expenses of $334K in Q2 2026.
What does multifamily — operating expenses mean?: Includes the day-to-day costs associated with running the multifamily residential properties, such as utilities, property taxes, insurance, and on-site staffing. Monitoring these expenses is essential for evaluating the operational efficiency and cost control of the residential portfolio.