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

Farmland Partners' (FPI) 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 (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.

  • On a quarterly basis, Land & Improvements fell 13.77% year-over-year to $555.5 million in Q1 2026; TTM through Mar 2026 was $555.5 million, a 13.77% decrease from a year earlier, with the FY2025 full-year figure at $565.0 million, down 12.48% from the prior year.
  • Land & Improvements retreated to $555.5 million in Q1 2026 per FPI's latest filing, from $565.0 million in the prior quarter.
  • Across five years, Land & Improvements topped out at $980.5 million in Q4 2022 and bottomed at $555.5 million in Q1 2026.
  • The 5-year median for Land & Improvements is $886.0 million (2024), against an average of $813.3 million.
  • Across the five-year window, Land & Improvements gained 5.09% in 2022 and sank 33.4% in 2025, its largest moves.
  • Year by year, Land & Improvements 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.
  • Per Business Quant, the three latest FPI Land & Improvements figures stand at $555.5 million (Q1 2026), $565.0 million (Q4 2025), and $590.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Land & Improvements (Qtr)
1 Equinix 103.23 Bn 100.17 Bn 1.26 Bn -
2 American Tower 77.49 Bn 77.36 Bn 2.70 Bn -
3 Digital Realty Trust 67.03 Bn 64.61 Bn - -
4 Iron Mountain 37.51 Bn 37.26 Bn 1.05 Bn -
5 Crown Castle 32.27 Bn 32.22 Bn 23.00 Mn -
6 Sba Communications 18.25 Bn 18.25 Bn 532.10 Mn -
7 Weyerhaeuser 17.32 Bn 17.02 Bn 318.00 Mn -
8 Lamar Advertising 16.32 Bn 16.28 Bn 344.69 Mn -
9 Gaming & Leisure Properties 12.85 Bn 12.85 Bn - -
10 Farmland Partners 416.42 Mn 416.42 Mn 9.82 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