Farmland Partners (FPI) EV to EBITDA (2014 - 2026)
Farmland Partners' EV to EBITDA came in at 19.02 for Q2 2026, down 78.8% from 89.76 a year earlier and down 81.5% from the prior quarter.
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Analysis
Farmland Partners (FPI) EV to EBITDA (2014 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Farmland Partners reported EV to EBITDA of 17.16, down 76.3% year-over-year; for FY2025, it was 100.20, up 368.2% from FY2024.
- Going back by year, EV to EBITDA was 21.40 in FY2024 (-36.2%), 33.53 in FY2023 (+37.4%), 24.41 in FY2022 (+18.3%) and 20.63 in FY2021 (+65.2%).
- The Q2 2026 figure represents the lowest quarterly EV to EBITDA since Q1 2021.
- Year-over-year, EV to EBITDA increased in five of the last eight quarters, with growth averaging 174.7%.
- The fastest year-over-year change in EV to EBITDA over five years came in Q3 2025 (growth of 607.8%), and the weakest in Q2 2026 (a decline of 78.8%).
- Business Quant data shows FPI's EV to EBITDA at 102.70 (Q1 2026), 100.20 (Q4 2025) and 169.46 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rayonier | 5.48 Bn | 2.67 Bn | 75.67 Mn |
| 2 | Farmland Partners | 496.06 Mn | 499.17 Mn | 8.52 Mn |
| 3 | Gladstone Land | 408.07 Mn | 408.07 Mn | 12.44 Mn |
| 4 | St Joe | 3.75 Bn | 3.25 Bn | 73.42 Mn |
| 5 | Alico | 286.12 Mn | 104.77 Mn | 4.05 Mn |
| 6 | Ckx Lands | 21.52 Mn | 21.52 Mn | 165,707.00 |
| 7 | Power REIT | 2.50 Mn | 2.50 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.02 |
| Mar 31, 2026 | 102.70 |
| Dec 31, 2025 | 100.20 |
| Sep 30, 2025 | 169.46 |
| Jun 30, 2025 | 89.76 |
| Mar 31, 2025 | 24.01 |
| Dec 31, 2024 | 21.40 |
| Sep 30, 2024 | 23.94 |
| Jun 30, 2024 | 29.86 |
| Mar 31, 2024 | 27.51 |
| Dec 31, 2023 | 29.76 |
| Sep 30, 2023 | 21.21 |
| Jun 30, 2023 | 21.24 |
| Mar 31, 2023 | 20.42 |
| Dec 31, 2022 | 24.40 |
| Sep 30, 2022 | 25.61 |
| Jun 30, 2022 | 29.61 |
| Mar 31, 2022 | 30.18 |
| Dec 31, 2021 | 20.64 |
| Sep 30, 2021 | 22.38 |
API Access
Farmland Partners EV to EBITDA 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-ebitda&ticker=FPI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=FPI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();