FPI
Income statement / Annual
Last year (2023), Farmland Partners Inc.'s total revenue was $57.47 M,
a decrease of 6.12% from the previous year.
In 2023, Farmland Partners Inc.'s net income was $30.91 M.
See Farmland Partners Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$57.47 M
|
$61.21 M
|
$51.74 M
|
$50.69 M
|
$53.56 M
|
$56.07 M
|
$46.22 M
|
$31.00 M
|
$13.76 M
|
$4.22 M
|
| Cost of Revenue |
$13.41 M |
$14.16 M |
$8.86 M |
$10.74 M |
$8.82 M |
$7.83 M |
$5.90 M |
$2.38 M |
$1.10 M |
$248,643.00 |
| Gross Profit |
$44.05 M |
$47.05 M |
$42.88 M |
$39.95 M |
$44.74 M |
$48.24 M |
$40.32 M |
$28.62 M |
$12.65 M |
$3.97 M |
| Gross Profit Ratio |
0.77 |
0.77 |
0.83 |
0.79 |
0.84 |
0.86 |
0.87 |
0.92 |
0.92 |
0.94 |
| Research and Development
Expenses |
$0.00
|
$0.20
|
$0.20
|
$0.15
|
$0.28
|
$0.25
|
$0.20
|
$0.19
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$12.55 M
|
$14.88 M
|
$18.38 M
|
$9.64 M
|
$10.07 M
|
$9.81 M
|
$8.71 M
|
$8.47 M
|
$5.28 M
|
$2.89 M
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$12.55 M
|
$14.88 M
|
$18.38 M
|
$9.64 M
|
$10.07 M
|
$9.81 M
|
$8.71 M
|
$8.47 M
|
$5.28 M
|
$2.89 M
|
| Other Expenses |
$0.00 |
$7.09 M |
$7.66 M |
$7.97 M |
$8.32 M |
$264,000.00 |
$391,000.00 |
$337,000.00 |
$98,366.00 |
$144,020.00 |
| Operating Expenses |
$12.55 M |
$21.97 M |
$26.04 M |
$17.61 M |
$18.40 M |
$18.36 M |
$16.86 M |
$10.47 M |
$6.18 M |
$3.22 M |
| Cost And Expenses |
$25.97 M |
$36.13 M |
$34.90 M |
$28.35 M |
$27.22 M |
$26.20 M |
$22.76 M |
$12.85 M |
$7.28 M |
$3.47 M |
| Interest Income |
$0.00 |
$16.14 M |
$15.93 M |
$17.68 M |
$19.59 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$22.66 M |
$16.14 M |
$15.93 M |
$17.68 M |
$19.59 M |
$18.80 M |
$13.56 M |
$9.96 M |
$4.62 M |
$1.37 M |
| Depreciation &
Amortization |
$7.50 M
|
$36.24 M
|
$34.93 M
|
$28.36 M
|
$27.23 M
|
$26.38 M
|
$23.69 M
|
$15.37 M
|
$893,309.00
|
$328,576.00
|
| EBITDA |
$60.90 M
|
$32.10 M
|
$33.82 M
|
$30.31 M
|
$34.66 M
|
$38.42 M
|
$30.51 M
|
$17.19 M
|
$7.37 M
|
-$486,741.00
|
| EBITDA Ratio |
1.06 |
0.54 |
0.47 |
0.6 |
0.65 |
0.69 |
0.68 |
0.65 |
0.54 |
0.29 |
| Operating Income Ratio
|
0.55
|
0.41
|
0.32
|
0.44
|
0.49
|
0.53
|
0.49
|
0.5
|
0.45
|
0.13
|
| Total Other
Income/Expenses Net |
$15,000.00
|
-$12.79 M
|
-$6.55 M
|
-$14.80 M
|
-$11.49 M
|
-$15.65 M
|
-$13.37 M
|
-$9.62 M
|
-$4.52 M
|
-$1.23 M
|
| Income Before Tax |
$31.52 M |
$12.19 M |
$10.23 M |
$7.53 M |
$14.85 M |
$14.04 M |
$9.16 M |
$6.01 M |
$1.70 M |
-$671,297.00 |
| Income Before Tax Ratio
|
0.55
|
0.2
|
0.2
|
0.15
|
0.28
|
0.25
|
0.2
|
0.19
|
0.12
|
-0.16
|
| Income Tax Expense |
-$166,000.00 |
$227,000.00 |
$16.28 M |
$17.98 M |
$20.81 M |
$1.79 M |
$1.24 M |
$11,000.00 |
$9,951.00 |
-$103,105.00 |
| Net Income |
$30.91 M |
$11.67 M |
-$6.05 M |
-$10.45 M |
-$5.96 M |
$12.25 M |
$7.91 M |
$4.30 M |
$1.23 M |
-$568,192.00 |
| Net Income Ratio |
0.54 |
0.19 |
-0.12 |
-0.21 |
-0.11 |
0.22 |
0.17 |
0.14 |
0.09 |
-0.13 |
| EPS |
0.55 |
0.16 |
-0.17 |
-0.36 |
-0.2 |
0.38 |
0.03 |
0.09 |
0.08 |
-0.13 |
| EPS Diluted |
0.48 |
0.16 |
-0.17 |
-0.36 |
-0.2 |
0.38 |
0.03 |
0.09 |
0.08 |
-0.13 |
| Weighted Average Shares
Out |
$50.24 M
|
$50.95 M
|
$34.64 M
|
$29.38 M
|
$30.17 M
|
$32.16 M
|
$31.05 M
|
$13.20 M
|
$9.62 M
|
$4.25 M
|
| Weighted Average Shares
Out Diluted |
$58.29 M
|
$50.95 M
|
$34.64 M
|
$29.38 M
|
$30.17 M
|
$32.16 M
|
$31.05 M
|
$13.20 M
|
$9.63 M
|
$4.26 M
|
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