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Tejon Ranch TRC Ranch operations — Segment Operating Results

Other segment segments

Real estate - commercial/industrial
$6.55M+47.8%
Mineral resources
$899K+24.9%
Farming
-$536K+39.8%
Real estate - resort/residential
-$363K-19.4%
Multifamily
$345K+308%

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SMRTReportable Segment Aggregation Before Other Operating — Gross Profit
$16.22M+28.0%

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:GrossProfit.

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
Real estate - resort/residential(363)(304)(719)(690)
Mineral resources8997201,9441,230
Farming(536)(890)(1,630)(1,882)
Ranch operations(93)(252)311(221)
Segment operating income6,8033,5409,3654,768
Reconciling items:
Investment income111226253572
Depreciation and amortization - Multifamily(516)(140)(1,033)(140)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Tejon Ranch's ranch operations — segment operating results?
Tejon Ranch (TRC) reported ranch operations — segment operating results of -$93K in Q2 2026.
How has Tejon Ranch's ranch operations — segment operating results changed year-over-year?
Tejon Ranch's ranch operations — segment operating results increased by 63.1% year-over-year, from -$252K to -$93K.
What is the long-term trend for Tejon Ranch's ranch operations — segment operating results?
Over 4 years (2021 to 2025), Tejon Ranch's ranch operations — segment operating results has grown at a -21.3% compound annual growth rate (CAGR), from -$568K to $218K.
What does ranch operations — segment operating results mean?
Measures the net financial performance of the ranch operations segment before interest and taxes. It serves as a key indicator of the segment's ability to generate profit from its primary business operations.

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