Farmland Partners (FPI) Invested Capital (2013 - 2026)
Farmland Partners (FPI) recorded Invested Capital of $687.01 million in Q2 2026, up 3.1% from $666.26 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 $628.23 million, down 10.0% from FY2024.
- Annual Invested Capital has declined for three straight years, with a five-year compound annual growth rate of -5.0% (FY2020 to FY2025).
- Across earlier years, Invested Capital came in at $698.29 million in FY2024 (-21.5%), $889.74 million in FY2023 (-13.7%), $1.03 billion in FY2022 (+4.8%) and $983.4 million in FY2021 (+21.0%).
- Quarterly Invested Capital has ranged from $627.17 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 22.8% in Q1 2022, 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), $628.23 million (Q4 2025) and $627.17 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rayonier | 6.36 Bn | 4.10 Bn | 180.20 Mn | 7.09 Bn |
| 2 | Farmland Partners | 368.99 Mn | 325.63 Mn | 8.08 Mn | 905.16 Mn |
| 3 | Gladstone Land | 297.85 Mn | 234.49 Mn | 31.47 Mn | 1.19 Bn |
| 4 | St Joe | 4.12 Bn | 3.63 Bn | 80.65 Mn | 1.13 Bn |
| 5 | BrasilAgro - Brazilian Agricultural Real Estate | 331.67 Mn | 113.18 Mn | - | 588.52 Mn |
| 6 | Alico | 277.15 Mn | 95.80 Mn | 4.05 Mn | 187.75 Mn |
| 7 | Ckx Lands | 36.57 Mn | -31.38 Mn | 165,707.00 | - |
| 8 | Power REIT | 2.59 Mn | -7.48 Mn | - | 23.85 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 905.16 Mn |
| Jun 30, 2026 | 910.90 Mn |
| Mar 31, 2026 | 927.10 Mn |
| Dec 31, 2025 | 789.03 Mn |
| Sep 30, 2025 | 796.97 Mn |
| Jun 30, 2025 | 858.96 Mn |
| Mar 31, 2025 | 895.81 Mn |
| Dec 31, 2024 | 901.97 Mn |
| Sep 30, 2024 | 1.30 Bn |
| Jun 30, 2024 | 1.30 Bn |
| Mar 31, 2024 | 1.29 Bn |
| Dec 31, 2023 | 1.25 Bn |
| Sep 30, 2023 | 1.37 Bn |
| Jun 30, 2023 | 1.48 Bn |
| Mar 31, 2023 | 1.46 Bn |
| Dec 31, 2022 | 1.47 Bn |
| Sep 30, 2022 | 1.41 Bn |
| Jun 30, 2022 | 1.42 Bn |
| Mar 31, 2022 | 972.53 Mn |
| Dec 31, 2021 | 983.40 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();