Farmland Partners (FPI) Land & Improvements (2013 - 2026)

Farmland Partners (FPI) recorded quarterly Land & Improvements of $555.5 million in Q1 2026, down 1.69% quarter-over-quarter from $565.0 million in Q4 2025, and down 13.77% on a YoY basis from $644.1 million in Q1 2025.

Farmland Partners (FPI) Land & Improvements (2013 - 2026) Analysis & Trends

Farmland Partners' Land & Improvements history runs 14 years deep, the most recent figure standing at $555.5 million for Q1 2026.

  • In Q1 2026, Land & Improvements fell 13.77% year-over-year to $555.5 million; the TTM figure through Mar 2026 stood at $555.5 million (down 13.77% YoY), while the FY2025 annual figure was $565.0 million, down 12.48% from the prior year.
  • Land & Improvements was $555.5 million for Q1 2026 at Farmland Partners, down from $565.0 million in the prior quarter.
  • In the past five years, Land & Improvements ranged from a high of $980.5 million in Q4 2022 to a low of $555.5 million in Q1 2026.
  • Historically, Land & Improvements has averaged $813.3 million across 5 years, with a median of $886.0 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Land & Improvements increased 5.09% in 2022, then sank 33.4% in 2025.
  • A 5-year view of Land & Improvements shows it stood at $980.5 million in 2022, then dropped by 11.29% to $869.8 million in 2023, then retreated by 25.78% to $645.6 million in 2024, then decreased by 12.48% to $565.0 million in 2025, then decreased 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 104.53 Bn 101.50 Bn 2.20 Bn -
2 American Tower 86.20 Bn 92.70 Bn 2.70 Bn -
3 Digital Realty Trust 63.76 Bn 62.92 Bn - -
4 Crown Castle 38.57 Bn 38.52 Bn 984.00 Mn -
5 Iron Mountain 37.41 Bn 37.43 Bn 1.05 Bn -
6 Sba Communications 20.70 Bn 20.79 Bn 532.10 Mn -
7 Weyerhaeuser 17.74 Bn 17.44 Bn 318.00 Mn -
8 Lamar Advertising 15.68 Bn 15.63 Bn 403.56 Mn -
9 Gaming & Leisure Properties 13.22 Bn 13.62 Bn - -
10 Farmland Partners 421.39 Mn 424.50 Mn - 555.46 Mn

Historic Data

Download Data
DateValue
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