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| 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 |