Farmland Partners (FPI) Land & Improvements (2013 - 2026)
Farmland Partners' quarterly Land & Improvements came in at $555.5 million in Q1 2026, down 13.77% year-on-year from $644.1 million in Q1 2025, and down 1.69% quarter-over-quarter from $565.0 million in Q4 2025.
Farmland Partners has reported Land & Improvements for 14 years, with the latest figure at $555.5 million in Q1 2026.
- For the quarter ending Q1 2026, Land & Improvements fell 13.77% year-over-year to $555.5 million; the trailing twelve-month figure through Mar 2026 stood at $555.5 million (down 13.77% YoY), and the FY2025 full-year result was $565.0 million, down 12.48% from the prior year.
- Land & Improvements for Q1 2026 stood at $555.5 million, down from $565.0 million in the prior quarter.
- The five-year high for Land & Improvements was $980.5 million in Q4 2022, with the low at $555.5 million in Q1 2026.
- Average Land & Improvements over 5 years is $813.3 million, with a median of $886.0 million recorded in 2024.
- Year-over-year, Land & Improvements gained 5.09% in 2022 and sank 33.4% in 2025.
- Tracing FPI's Land & Improvements over 5 years: stood at $980.5 million in 2022, then declined by 11.29% to $869.8 million in 2023, then decreased by 25.78% to $645.6 million in 2024, then slipped by 12.48% to $565.0 million in 2025, then slipped by 1.69% to $555.5 million in 2026.
- The last three Land & Improvements figures came in at $555.5 million (Q1 2026), $565.0 million (Q4 2025), and $590.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Land & Improvements (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 106.10 Bn | 103.07 Bn | 2.20 Bn | - |
| 2 | American Tower | 85.70 Bn | 92.20 Bn | 2.70 Bn | - |
| 3 | Digital Realty Trust | 67.00 Bn | 66.16 Bn | - | - |
| 4 | Crown Castle | 40.17 Bn | 40.12 Bn | 984.00 Mn | - |
| 5 | Iron Mountain | 37.80 Bn | 37.83 Bn | 1.05 Bn | - |
| 6 | Sba Communications | 21.99 Bn | 22.08 Bn | 532.10 Mn | - |
| 7 | Weyerhaeuser | 16.98 Bn | 16.68 Bn | 318.00 Mn | - |
| 8 | Lamar Advertising | 15.51 Bn | 15.46 Bn | 403.56 Mn | - |
| 9 | Gaming & Leisure Properties | 13.46 Bn | 13.86 Bn | - | - |
| 10 | Farmland Partners | 452.27 Mn | 455.38 Mn | - | 555.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 555.46 Mn |
| Dec 31, 2025 | 565.00 Mn |
| Sep 30, 2025 | 590.04 Mn |
| Jun 30, 2025 | 594.51 Mn |
| Mar 31, 2025 | 644.15 Mn |
| Dec 31, 2024 | 645.59 Mn |
| Sep 30, 2024 | 886.00 Mn |
| Jun 30, 2024 | 885.99 Mn |
| Mar 31, 2024 | 885.99 Mn |
| Dec 31, 2023 | 869.85 Mn |
| Sep 30, 2023 | 913.06 Mn |
| Jun 30, 2023 | 954.52 Mn |
| Mar 31, 2023 | 975.45 Mn |
| Dec 31, 2022 | 980.52 Mn |
| Sep 30, 2022 | 969.36 Mn |
| Jun 30, 2022 | 960.59 Mn |
| Mar 31, 2022 | 949.74 Mn |
| Dec 31, 2021 | 945.95 Mn |
| Sep 30, 2021 | 931.80 Mn |
| Jun 30, 2021 | 930.67 Mn |
| Mar 31, 2021 | 903.73 Mn |
| Dec 31, 2020 | 924.95 Mn |
| Sep 30, 2020 | 930.65 Mn |
| Jun 30, 2020 | 934.26 Mn |
| Mar 31, 2020 | 937.85 Mn |
| Dec 31, 2019 | 937.81 Mn |
| Sep 30, 2019 | 934.80 Mn |
| Jun 30, 2019 | 935.49 Mn |
| Mar 31, 2019 | 953.50 Mn |
| Dec 31, 2018 | 957.52 Mn |
| Sep 30, 2018 | 953.50 Mn |
| Jun 30, 2018 | 974.26 Mn |
| Mar 31, 2018 | 975.11 Mn |
| Dec 31, 2017 | 947.90 Mn |
| Sep 30, 2017 | 835.99 Mn |
| Jun 30, 2017 | 834.95 Mn |
| Mar 31, 2017 | 822.19 Mn |
| Dec 31, 2016 | 551.39 Mn |
| Sep 30, 2016 | 546.79 Mn |
| Jun 30, 2016 | 534.39 Mn |
| Mar 31, 2016 | 524.29 Mn |
| Dec 31, 2015 | 290.83 Mn |
| Sep 30, 2015 | 281.32 Mn |
| Jun 30, 2015 | 269.12 Mn |
| Mar 31, 2015 | 162.93 Mn |
| Dec 31, 2014 | 152.29 Mn |
| Sep 30, 2014 | 67.99 Mn |
| Jun 30, 2014 | 64.51 Mn |
| Mar 31, 2014 | 34.69 Mn |
| Dec 31, 2013 | 34.69 Mn |