Farmland Partners (FPI) EV to CFO (2014 - 2026)
Farmland Partners' (FPI) EV to CFO was 22.47 for Q2 2026, down 41.7% from 38.55 a year earlier and down 8.7% from the prior quarter.
Farmland Partners (FPI) EV to CFO (2014 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Farmland Partners' EV to CFO came in at 20.28, down 34.8% year-over-year; for FY2025, it came in at 27.48, down 21.3% from FY2024.
- By year, EV to CFO came in at 34.92 in FY2024 (-35.3%), 53.97 in FY2023 (+18.1%), 45.71 in FY2022 (-28.8%) and 64.19 in FY2021 (+234.5%).
- The Q2 2026 figure ranks as the lowest quarterly EV to CFO since Q4 2020.
- Year over year, EV to CFO has now declined in each of the last seven quarters, with an average decline of 26.1% over the last eight quarters.
- The high point for year-over-year EV to CFO in five years was Q1 2022 (growth of 362.5%); the low point was Q1 2023 (a decline of 74.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 24.62 (Q1 2026), 27.48 (Q4 2025) and 33.03 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rayonier | 5.62 Bn | 2.80 Bn | 75.67 Mn |
| 2 | Farmland Partners | 468.14 Mn | 471.24 Mn | 8.52 Mn |
| 3 | Gladstone Land | 404.19 Mn | 404.19 Mn | 12.44 Mn |
| 4 | St Joe | 3.76 Bn | 3.26 Bn | 73.42 Mn |
| 5 | Alico | 290.35 Mn | 109.00 Mn | 4.05 Mn |
| 6 | Ckx Lands | 21.97 Mn | 21.97 Mn | 165,707.00 |
| 7 | Power REIT | 2.53 Mn | 2.53 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.47 |
| Mar 31, 2026 | 24.62 |
| Dec 31, 2025 | 27.48 |
| Sep 30, 2025 | 33.03 |
| Jun 30, 2025 | 38.55 |
| Mar 31, 2025 | 55.66 |
| Dec 31, 2024 | 34.92 |
| Sep 30, 2024 | 68.70 |
| Jun 30, 2024 | 69.90 |
| Mar 31, 2024 | 70.21 |
| Dec 31, 2023 | 53.97 |
| Sep 30, 2023 | 42.14 |
| Jun 30, 2023 | 38.15 |
| Mar 31, 2023 | 29.39 |
| Dec 31, 2022 | 45.71 |
| Sep 30, 2022 | 51.31 |
| Jun 30, 2022 | 101.75 |
| Mar 31, 2022 | 113.76 |
| Dec 31, 2021 | 64.19 |
| Sep 30, 2021 | 47.46 |
Farmland Partners EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=FPI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "FPI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=FPI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();