FPI vs RYN vs ALCO Stock Comparison

Farmland Partners, Rayonier and Alico Prices as of Nov 5, 2026 Peers: Industry group
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FPI Farmland Partners Inc.
$8.79 -18.1% 1M -11.3% 1Y
Market cap
$368.99M
P/E
42.5x
Revenue (TTM)
$49.99M
Div. yield
6.03%
Farmland REITs Real Estate
4 wins
RYN Rayonier Inc
$21.86 +20.8% 1M -1.0% 1Y
Market cap
$6.53B
P/E
86.7x
Revenue (TTM)
$968.29M
Div. yield
4.82%
Timberland REITs Real Estate
4 wins
ALCO Alico, Inc.
$37.22 -2.7% 1M +14.6% 1Y
Market cap
$276.04M
P/E
180.2x
Revenue (TTM)
$17.07M
Div. yield
0.54%
Agricultural Products Consumer Staples
4 wins

Head to Head

12 decided of 12

Rayonier leads on 4 of the 12 questions below (Rayonier 4, Farmland Partners 4, Alico 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFPIRYNALCOLeader
Larger companyMarket capitalisation $368.99M $6.53B $276.04M RYN
Cheaper on earningsLower P/E, profitable companies only 42.5x 86.7x 180.2x FPI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 40.0x 56.1x — FPI
Faster revenue growthRevenue growth, trailing twelve months -5.6% +0.4% -61.4% RYN
More profitableNet margin, trailing twelve months 17.7% 7.8% 9.0% FPI
Better return on capitalReturn on invested capital 0.4% 0.8% 0.0% RYN
Less leveragedLower net debt / EBITDA 35.8x 3.0x -1.0x ALCO
Higher dividend yieldTrailing dividend yield 6.03% 4.82% 0.54% FPI
Better 1-year returnPrice return, last 12 months -11.3% -1.0% +14.6% ALCO
Better 5-year returnAnnualised price return, 5 years -6.6%/yr -10.9%/yr +0.0%/yr ALCO
Less volatileAnnualised volatility, 1 year 28.6% 26.8% 22.9% ALCO
Higher overall scoreMean of the five percentile scores vs peers 46/100 53/100 37/100 RYN

Percentile Scorecard

FPIRYNALCO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFPIRYNALCO
Valuation 37 #137 of 216 44 #122 of 216 11 #33 of 37
Growth 24 #158 of 208 26 #154 of 208 68 #11 of 32
Profitability 43 #115 of 201 42 #118 of 201 14 #26 of 30
Financial Health 57 #94 of 215 88 #26 of 215 70 #12 of 38
Shareholder Returns 71 #50 of 172 64 #63 of 172 23 #21 of 27
Overall 46 53 37
  • FPI ranked among 223 companies in Real Estate
  • RYN ranked among 223 companies in Real Estate
  • ALCO ranked among 39 companies in Agribusiness

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFPIRYNALCOSPY
1 month -18.1%+20.8%-2.7% -5.9%
3 months -11.6%+2.0%-2.8% -4.6%
6 months -16.9%+7.1%-9.9% +0.2%
Year to date -9.3%+1.0%+2.3% +7.5%
1 year -11.3%-1.0%+14.6% +8.2%
3 years -21.7%-27.0%+45.3% +68.3%
3 years, per year -7.8%-10.0%+13.3% +19.0%
5 years -29.1%-43.8%+0.2% +56.5%
5 years, per year -6.6%-10.9%+0.0% +9.4%
10 years -14.7%-15.9%+47.4% +251.5%
10 years, per year -1.6%-1.7%+4.0% +13.4%

Risk

MeasureFPIRYNALCOSPY
Volatility, 1Y 28.6%26.8%22.9% 13.6%
Downside volatility, 1Y 34.6%25.9%22.0% 14.2%
Beta vs S&P 500, 1Y 0.39-0.020.19 1.00
Return / volatility, 1Y -0.40-0.040.64 0.60
Max drawdown, 5Y -48.2%-60.4%-47.4% -25.4%
From 52-week high -32.6%-11.3%-16.3% -5.9%
52-week high $13.04$24.65$44.46 $779.14
52-week low $8.44$17.98$31.35 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFPIRYNALCO
P/E now vs peer median 42.5xmedian 25.2x 86.7xmedian 25.2x 180.2xmedian 13.9x
P/S now vs peer median 7.4xmedian 3.9x 6.7xmedian 3.9x 16.2xmedian 0.4x
EV/EBITDA now vs peer median 93.0xmedian 14.4x 16.8xmedian 14.4x -11.6xmedian 8.5x
P/FCF now vs peer median 21.1xmedian 20.7x 22.6xmedian 20.7x -77.7xmedian 17.8x
P/B now vs peer median 0.9xmedian 1.2x 1.3xmedian 1.2x 2.6xmedian 1.0x
PEG now vs peer median -2.61median 1.21 -3.86median 1.21 6.53median 1.44

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFPIRYNALCO
Revenue $49.99M $968.29M $17.07M
Gross profit $46.48M $229.80M -$12.30M
Operating income $2.71M $57.69M -$44.96M
Net income $10.06M $76.62M $1.41M
Free cash flow $17.47M $289.31M -$3.55M
EPS (diluted) $0.21 $0.25 $0.21
Cash & equivalents $7.88M $411.76M $55.58M
Total debt $239.00M $1.86B $82.92M
Shares (diluted) 42.85M 302.92M 7.44M
Enterprise value $325.63M $3.71B $94.69M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFPIRYNALCO
P/E 42.5x 86.7x 180.2x
P/FCF 21.1x 22.6x -77.7x
P/Operating cash flow 20.4x 20.8x -720.7x
P/S 7.4x 6.7x 16.2x
P/B 0.9x 1.3x 2.6x
P/Tangible book 0.9x 1.3x 2.6x
EV/EBITDA 93.0x 16.8x -11.6x
EV/EBIT 221.8x 138.2x -6.7x
EV/Revenue 12.0x 8.2x 17.8x
EV/FCF 34.4x 27.6x -85.4x
EV/Operating cash flow 33.2x 25.5x -792.1x
PEG (3Y EPS CAGR) -2.61 -3.86 6.53

Growth

14 metrics
MetricFPIRYNALCO
Revenue growth (1Y) -5.6% 0.4% -61.4%
Revenue CAGR (3Y) -4.7% 5.3% -24.8%
Gross profit growth (1Y) -3.0% -47.4% 94.0%
Gross profit CAGR (3Y) -4.6% 8.9% 9.4%
Operating income growth (1Y) 321.8% -84.2% 78.8%
Operating income CAGR (3Y) -48.7% -20.7% -18.5%
Net income growth (1Y) -85.8% -90.1% 100.9%
Net income CAGR (3Y) -21.3% -6.6% 27.4%
EPS growth (1Y) -86.4% -94.8% 101.0%
EPS CAGR (3Y) -16.3% -22.4% 27.6%
Operating cash flow growth (1Y) 7.4% 29.1% -103.5%
Operating cash flow CAGR (3Y) 8.9% 8.2% 57.2%
Free cash flow growth (1Y) 139.9% 47.6% -170.0%
Free cash flow CAGR (3Y) 37.5% 42.6% 46.7%

Profitability

14 metrics
MetricFPIRYNALCO
Gross margin 93.0% 23.7% -72.1%
EBITDA margin 12.9% 49.0% -153.7%
Operating margin 5.4% 6.0% -263.4%
Pretax margin 20.1% 4.2% -7.4%
Net margin 17.7% 7.8% 9.0%
FCF margin 34.9% 29.9% -20.8%
Operating cash flow margin 36.2% 32.3% -2.2%
Return on equity 2.3% 1.5% 0.7%
Return on assets 1.5% 1.0% 0.4%
Return on invested capital 0.4% 0.8% 0.0%
Return on capital employed – 0.8% -23.4%
Asset turnover 0.1x 0.1x 0.1x
Cash conversion (OCF / net income) 1.8x 4.1x -0.3x
Stock comp / revenue 3.9% 2.7% 3.7%

Financial Health

11 metrics
MetricFPIRYNALCO
Debt / assets 35.1% 24.9% 41.7%
Debt / equity 0.6x 0.4x 0.8x
Net debt / EBITDA 35.8x 3.0x -1.0x
Debt / FCF 13.7x 6.4x -23.4x
Liabilities / assets 37.2% 30.2% 47.2%
Equity / assets 62.8% 69.8% 52.8%
Interest coverage 0.2x 1.3x -9.4x
Current ratio – 3.6x 8.0x
Quick ratio – 2.5x 7.7x
Cash ratio – 2.2x 7.6x
Altman Z-score – – 2.18

Shareholder Returns

7 metrics
MetricFPIRYNALCO
Dividend yield 6.0% 4.8% 0.5%
Net buyback yield 23.1% 0.1% 0.5%
Shareholder yield 29.2% 4.9% 1.0%
Payout ratio (earnings) 215.1% – 107.7%
Payout ratio (FCF) 123.9% – -42.8%
Dividend growth (1Y) -66.2% – -0.5%
Dividend CAGR (3Y) 19.7% – -43.3%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFPIRYNALCO
Forward P/E 40.0xFY2026 56.1xFY2026 –
EPS, next fiscal year $0.22FY2026 $0.39FY2026 $-0.11FY2026
EPS growth, next FY -63.9%FY2026 -31.6%FY2026 –
EPS growth, the year after -13.6% +35.9% –
Revenue, next fiscal year $32.83MFY2026 $1.44BFY2026 $17.81MFY2026
Revenue growth, next FY -8.6%FY2026 +197.9%FY2026 -59.6%FY2026
Revenue growth, the year after +0.7% +17.2% -70.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFPIRYNALCO
Held by institutions 53.2% 93.2% 60.2%
Institutions holding 181 460 111
Change in shares held, QoQ -0.8% +7.1% +0.7%
Institutions buying 100 236 48
Institutions selling 51 141 31
Buyers to sellers 1.96 1.67 1.55

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FPIRYNALCO
FPI 1.00 0.14 0.19
RYN 0.14 1.00 0.18
ALCO 0.19 0.18 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FPI, RYN and ALCO?

Rayonier (RYN) is the largest by market capitalisation: Farmland Partners (FPI) $368.99M, Rayonier (RYN) $6.53B, Alico (ALCO) $276.04M.

Which stock is cheaper, FPI, RYN and ALCO?

Farmland Partners (FPI) trades on the lowest price-to-earnings ratio (Farmland Partners (FPI) 42.5x, Rayonier (RYN) 86.7x, Alico (ALCO) 180.2x). On next year's consensus earnings, Farmland Partners (FPI) is cheapest (Farmland Partners (FPI) 40.0x, Rayonier (RYN) 56.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Rayonier (RYN) grew revenue fastest over the trailing twelve months: Farmland Partners (FPI) -5.6%, Rayonier (RYN) +0.4%, Alico (ALCO) -61.4%.

Which company is more profitable?

Farmland Partners (FPI) has the highest net margin (Farmland Partners (FPI) 17.7%, Rayonier (RYN) 7.8%, Alico (ALCO) 9.0%). On return on invested capital, Rayonier (RYN) leads (Farmland Partners (FPI) 0.4%, Rayonier (RYN) 0.8%, Alico (ALCO) 0.0%).

Which stock has performed better?

Over the past year Alico (ALCO) returned the most: Farmland Partners (FPI) -11.3%, Rayonier (RYN) -1.0%, Alico (ALCO) +14.6%. Over five years, Alico (ALCO) compounded fastest (Farmland Partners (FPI) -6.6%/yr, Rayonier (RYN) -10.9%/yr, Alico (ALCO) +0.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Farmland Partners (FPI) has the highest dividend yield: Farmland Partners (FPI) 6.03%, Rayonier (RYN) 4.82%, Alico (ALCO) 0.54%.

Which stock is riskier?

By one-year price volatility, Alico (ALCO) has been the steadiest (Farmland Partners (FPI) 28.6%, Rayonier (RYN) 26.8%, Alico (ALCO) 22.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FPI, RYN and ALCO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Rayonier (RYN) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.