Farmland Partners (FPI) EV to EBITDA (2014 - 2026)
Farmland Partners' EV to EBITDA came in at 19.19 for Q2 2026, down 79.1% from 91.70 a year earlier and down 85.9% from the prior quarter.
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 17.31, down 76.6% year-over-year; for FY2025, it was 120.77, up 479.0% from FY2024.
- Going back by year, EV to EBITDA was 20.86 in FY2024 (-35.7%), 32.45 in FY2023 (+34.8%), 24.07 in FY2022 (+20.8%) and 19.92 in FY2021 (+63.9%).
- The Q2 2026 figure represents the lowest quarterly EV to EBITDA since Q2 2021.
- Year-over-year, EV to EBITDA increased in five of the last eight quarters, with growth averaging 230.1%.
- The fastest year-over-year change in EV to EBITDA over five years came in Q3 2025 (growth of 772.0%), and the weakest in Q2 2026 (a decline of 79.1%).
- Business Quant data shows FPI's EV to EBITDA at 135.77 (Q1 2026), 120.77 (Q4 2025) and 202.44 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rayonier | 6.36 Bn | 4.10 Bn | 180.20 Mn |
| 2 | Farmland Partners | 368.99 Mn | 325.63 Mn | 8.08 Mn |
| 3 | Gladstone Land | 297.85 Mn | 234.49 Mn | 31.47 Mn |
| 4 | St Joe | 4.12 Bn | 3.63 Bn | 80.65 Mn |
| 5 | BrasilAgro - Brazilian Agricultural Real Estate | 331.67 Mn | 113.18 Mn | - |
| 6 | Alico | 277.15 Mn | 95.80 Mn | 4.05 Mn |
| 7 | Ckx Lands | 36.57 Mn | -31.38 Mn | 165,707.00 |
| 8 | Power REIT | 2.59 Mn | -7.48 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 73.20 |
| Jun 30, 2026 | 19.19 |
| Mar 31, 2026 | 135.77 |
| Dec 31, 2025 | 120.77 |
| Sep 30, 2025 | 202.44 |
| Jun 30, 2025 | 91.70 |
| Mar 31, 2025 | 23.43 |
| Dec 31, 2024 | 20.86 |
| Sep 30, 2024 | 23.22 |
| Jun 30, 2024 | 28.85 |
| Mar 31, 2024 | 26.66 |
| Dec 31, 2023 | 28.91 |
| Sep 30, 2023 | 20.80 |
| Jun 30, 2023 | 20.85 |
| Mar 31, 2023 | 20.24 |
| Dec 31, 2022 | 24.06 |
| Sep 30, 2022 | 25.18 |
| Jun 30, 2022 | 29.07 |
| Mar 31, 2022 | 29.15 |
| Dec 31, 2021 | 19.92 |
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_KEY
import 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();