Farmland Partners (FPI) Gross Margin (2019 - 2026)
Farmland Partners' Gross Margin was 90.66% in Q2 2026, up 5.36 percentage points from 85.30% a year earlier but down 6.55 percentage points from the prior quarter.
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Analysis
Farmland Partners (FPI) Gross Margin (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Farmland Partners' Gross Margin was 92.90% through Jun 30, 2026, up 1.56 percentage points year-over-year; for FY2025, it came in at 91.14%, down 2.10 percentage points from FY2024.
- Gross Margin shows a five-year change of -2.18 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 93.24% in FY2024 (+1.51 pp), 91.73% in FY2023 (+1.47 pp), 90.25% in FY2022 (-6.80 pp) and 97.05% in FY2021 (+3.73 pp).
- Quarterly Gross Margin has moved between 83.66% (Q3 2025) and 99.05% (Q4 2021) over five years.
- Compared with a year earlier, Gross Margin has increased for three straight quarters, with an average year-over-year change of -0.57 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q3 2021 (a gain of 8.43 percentage points); the worst was Q3 2022 (a drop of 8.61 percentage points).
- Per Business Quant data, FPI's Gross Margin in the three quarters before Q2 2026 was 97.21% (Q1 2026), 96.83% (Q4 2025) and 83.66% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rayonier | 5.48 Bn | 2.67 Bn | 75.67 Mn | 19.08% |
| 2 | Farmland Partners | 496.06 Mn | 499.17 Mn | 8.52 Mn | 90.66% |
| 3 | Gladstone Land | 408.07 Mn | 408.07 Mn | 12.44 Mn | 97.98% |
| 4 | St Joe | 3.75 Bn | 3.25 Bn | 73.42 Mn | 46.23% |
| 5 | Alico | 286.12 Mn | 104.77 Mn | 4.05 Mn | 44.76% |
| 6 | Ckx Lands | 21.52 Mn | 21.52 Mn | 165,707.00 | 98.45% |
| 7 | Power REIT | 2.50 Mn | 2.50 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 90.66% |
| Mar 31, 2026 | 97.21% |
| Dec 31, 2025 | 96.83% |
| Sep 30, 2025 | 83.66% |
| Jun 30, 2025 | 85.30% |
| Mar 31, 2025 | 93.52% |
| Dec 31, 2024 | 95.07% |
| Sep 30, 2024 | 88.16% |
| Jun 30, 2024 | 93.35% |
| Mar 31, 2024 | 95.49% |
| Dec 31, 2023 | 90.16% |
| Sep 30, 2023 | 93.95% |
| Jun 30, 2023 | 91.54% |
| Mar 31, 2023 | 92.53% |
| Dec 31, 2022 | 93.03% |
| Sep 30, 2022 | 87.27% |
| Jun 30, 2022 | 89.21% |
| Mar 31, 2022 | 89.64% |
| Dec 31, 2021 | 99.05% |
| Sep 30, 2021 | 95.87% |
API Access
Farmland Partners Gross Margin 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=gross-margin&ticker=FPI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=FPI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();