Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of the date of this release, the Company owns approximately 155,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia. We have approximately 26 crop types and over 100 tenants. The Company elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014.
Revenue of Farmland Partners Inc. (FPI)
Revenue in 2023 (TTM): $57.47 M
According to Farmland Partners Inc.'s latest financial reports the company's current revenue (TTM) is $57.47 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Farmland Partners Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $57.47 M | $44.05 M | $60.9 M | $31.52 M | $30.91 M |
| 2022 | $61.21 M | $47.05 M | $32.1 M | $12.19 M | $11.67 M |
| 2021 | $51.74 M | $42.88 M | $33.82 M | $10.23 M | $-6,049,000 |
| 2020 | $50.69 M | $39.95 M | $30.31 M | $7.53 M | $-10,447,000 |
| 2019 | $53.56 M | $44.74 M | $34.66 M | $14.85 M | $-5,962,000 |
| 2018 | $56.07 M | $48.24 M | $38.42 M | $14.04 M | $12.25 M |
| 2017 | $46.22 M | $40.32 M | $30.51 M | $9.16 M | $7.91 M |
| 2016 | $31 M | $28.62 M | $17.19 M | $6.01 M | $4.3 M |
| 2015 | $13.76 M | $12.65 M | $7.37 M | $1.7 M | $1.23 M |
| 2014 | $4.22 M | $3.97 M | $-486,741 | $-671,297 | $-568,192 |
| 2013 | $2.35 M | $2.32 M | $1.53 M | $34.17 K | $34.17 K |
| 2012 | $2.12 M | $1.94 M | $1.89 M | $586.35 K | $586.35 K |