Farmland Partners (FPI) Invested Capital (2013 - 2026)
Farmland Partners (FPI) recorded Invested Capital of $687.01 million in Q2 2026, up 3.1% from $666.22 million a year earlier but down 1.2% from the prior quarter.
Farmland Partners (FPI) Invested Capital (2013 - 2026) Analysis & Trends
For FY2025, Farmland Partners reported Invested Capital of $628.19 million, down 10.0% from FY2024.
- Annual Invested Capital has declined for three straight years, with a three-year compound annual growth rate of -15.2% (FY2022 to FY2025).
- Across earlier years, Invested Capital came in at $698.29 million in FY2024 (-21.5%), $889.74 million in FY2023 (-13.7%) and $1.03 billion in FY2022.
- Quarterly Invested Capital has ranged from $627.12 million in Q3 2025 to $1.03 billion in Q4 2022 over the past five years.
- On a year-over-year basis, Invested Capital rose in two of the last eight quarters, with an average decline of 14.2%.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 3.1% in Q2 2026, against a decline of 31.2% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $695.31 million (Q1 2026), $628.19 million (Q4 2025) and $627.12 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rayonier | 5.48 Bn | 2.67 Bn | 75.67 Mn | 7.07 Bn |
| 2 | Farmland Partners | 496.06 Mn | 499.17 Mn | 8.52 Mn | 687.01 Mn |
| 3 | Gladstone Land | 408.07 Mn | 408.07 Mn | 12.44 Mn | 1.14 Bn |
| 4 | St Joe | 3.75 Bn | 3.25 Bn | 73.42 Mn | - |
| 5 | Alico | 286.12 Mn | 104.77 Mn | 4.05 Mn | 187.75 Mn |
| 6 | Ckx Lands | 21.52 Mn | 21.52 Mn | 165,707.00 | - |
| 7 | Power REIT | 2.50 Mn | 2.50 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 687.01 Mn |
| Mar 31, 2026 | 695.31 Mn |
| Dec 31, 2025 | 628.19 Mn |
| Sep 30, 2025 | 627.12 Mn |
| Jun 30, 2025 | 666.22 Mn |
| Mar 31, 2025 | 694.00 Mn |
| Dec 31, 2024 | 698.29 Mn |
| Sep 30, 2024 | 911.61 Mn |
| Jun 30, 2024 | 912.57 Mn |
| Mar 31, 2024 | 907.58 Mn |
| Dec 31, 2023 | 889.74 Mn |
| Sep 30, 2023 | 949.36 Mn |
| Jun 30, 2023 | 1.01 Bn |
| Mar 31, 2023 | 1.02 Bn |
| Dec 31, 2022 | 1.03 Bn |
| Sep 30, 2022 | 999.40 Mn |
| Jun 30, 2022 | 993.90 Mn |
| Jun 30, 2020 | 558.24 Mn |
| Mar 31, 2020 | 564.82 Mn |
| Dec 31, 2019 | 571.85 Mn |
Farmland Partners Invested Capital 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=invested-capital&ticker=FPI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=FPI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();