Farmland Partners (FPI) Gross Margin (2016 - 2025)
Farmland Partners (FPI) recorded quarterly Gross Margin of 99.9% in Q4 2025, little changed quarter-over-quarter from 99.98% in Q3 2025, and up 16.0% on a YoY basis from 86.12% in Q4 2024.
Farmland Partners (FPI) Gross Margin (2016 - 2025) Analysis & Trends
Farmland Partners' Gross Margin history runs 10 years deep, the most recent figure standing at 99.9% for Q4 2025.
- In Q4 2025, Gross Margin rose 16.0% year-over-year to 99.9%; the TTM figure through Dec 2025 stood at 99.93% (up 10.0% YoY), while the FY2025 annual figure was 99.93%, up 10.0% from the prior year.
- Gross Margin was 99.9% for Q4 2025 at Farmland Partners, roughly flat from 99.98% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 100.0% in Q2 2021 to a low of 99.61% in Q1 2023.
- Historically, Gross Margin has averaged 99.86% across 5 years, with a median of 99.89% in 2025.
- The sharpest annual moves came in 2023 and 2024: Gross Margin tumbled 37 bps in 2023, then gained 23 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 99.86% in 2021, then dropped by 0 bps to 99.7% in 2022, then gained by 0 bps to 99.71% in 2023, then advanced by 0 bps to 99.74% in 2024, then grew by 0 bps to 99.9% in 2025.
- The last three Gross Margin figures came in at 99.9% (Q4 2025), 99.98% (Q3 2025), and 99.95% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 104.53 Bn | 101.50 Bn | 2.20 Bn | 90.14% |
| 2 | American Tower | 86.20 Bn | 92.70 Bn | 2.70 Bn | 98.59% |
| 3 | Digital Realty Trust | 63.76 Bn | 62.92 Bn | - | - |
| 4 | Crown Castle | 38.57 Bn | 38.52 Bn | 984.00 Mn | 97.43% |
| 5 | Iron Mountain | 37.41 Bn | 37.43 Bn | 1.05 Bn | 54.04% |
| 6 | Sba Communications | 20.70 Bn | 20.79 Bn | 532.10 Mn | 75.64% |
| 7 | Weyerhaeuser | 17.74 Bn | 17.44 Bn | 318.00 Mn | 18.41% |
| 8 | Lamar Advertising | 15.68 Bn | 15.63 Bn | 403.56 Mn | 67.72% |
| 9 | Gaming & Leisure Properties | 13.22 Bn | 13.62 Bn | - | - |
| 10 | Farmland Partners | 421.39 Mn | 424.50 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 99.90% |
| Sep 30, 2025 | 99.98% |
| Jun 30, 2025 | 99.95% |
| Mar 31, 2025 | 99.88% |
| Dec 31, 2024 | 99.74% |
| Sep 30, 2024 | 99.92% |
| Jun 30, 2024 | 100.00% |
| Mar 31, 2024 | 99.70% |
| Dec 31, 2023 | 99.71% |
| Sep 30, 2023 | 99.97% |
| Jun 30, 2023 | 99.77% |
| Mar 31, 2023 | 99.61% |
| Dec 31, 2022 | 99.70% |
| Sep 30, 2022 | 99.80% |
| Jun 30, 2022 | 99.75% |
| Mar 31, 2022 | 99.98% |
| Dec 31, 2021 | 99.86% |
| Sep 30, 2021 | 100.00% |
| Jun 30, 2021 | 100.00% |
| Mar 31, 2021 | 99.98% |