Farmland Partners (FPI) Operating Margin (2013 - 2026)

Farmland Partners' (FPI) quarterly Operating Margin came in at 32.67% in Q1 2026, down 480.0% year-on-year from 8.6% in Q1 2025, and down 58.82% quarter-over-quarter from 79.33% in Q4 2025.

Farmland Partners (FPI) Operating Margin (2013 - 2026) Analysis & Trends

Farmland Partners' Operating Margin history runs 14 years deep, the most recent figure standing at 32.67% for Q1 2026.

  • On a quarterly basis, Operating Margin fell 480.0% year-over-year to 32.67% in Q1 2026; TTM through Mar 2026 was 16.53%, a 2340.0% decrease from a year earlier, with the FY2025 full-year figure at 9.95%, down 3227.0% from the prior year.
  • Operating Margin eased to 32.67% in Q1 2026 per FPI's latest filing, from 79.33% in the prior quarter.
  • Across five years, Operating Margin topped out at 79.33% in Q4 2025 and bottomed at 141.95% in Q2 2025.
  • The 5-year median for Operating Margin is 32.67% (2026), against an average of 25.28%.
  • Across the five-year window, Operating Margin surged 3901 bps in 2024 and plunged 16361 bps in 2025, its largest moves.
  • Year by year, Operating Margin stood at 57.18% in 2022, then plunged by 54 bps to 26.48% in 2023, then surged by 94 bps to 51.32% in 2024, then jumped by 55 bps to 79.33% in 2025, then sank by 59 bps to 32.67% in 2026.
  • Per Business Quant, the three latest FPI Operating Margin figures stand at 32.67% (Q1 2026), 79.33% (Q4 2025), and 26.71% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Equinix 102.00 Bn 98.94 Bn 1.26 Bn 23.61%
2 American Tower 76.76 Bn 83.27 Bn 2.70 Bn 45.27%
3 Digital Realty Trust 61.91 Bn 61.08 Bn - 16.38%
4 Iron Mountain 37.06 Bn 37.09 Bn 1.05 Bn 20.41%
5 Crown Castle 32.50 Bn 32.44 Bn 23.00 Mn 948.98%
6 Sba Communications 18.50 Bn 18.59 Bn 532.10 Mn 48.74%
7 Weyerhaeuser 17.05 Bn 16.75 Bn 318.00 Mn 14.30%
8 Lamar Advertising 15.99 Bn 15.96 Bn 344.69 Mn 27.66%
9 Gaming & Leisure Properties 12.58 Bn 12.98 Bn - 79.37%
10 Farmland Partners 412.53 Mn 415.64 Mn 9.82 Mn 32.67%

Historic Data

Download Data
DateValue
Mar 31, 2026 32.67%
Dec 31, 2025 79.33%
Sep 30, 2025 26.71%
Jun 30, 2025 -141.95%
Mar 31, 2025 37.47%
Dec 31, 2024 51.32%
Sep 30, 2024 39.14%
Jun 30, 2024 21.66%
Mar 31, 2024 42.63%
Dec 31, 2023 26.48%
Sep 30, 2023 0.13%
Jun 30, 2023 23.80%
Mar 31, 2023 38.17%
Dec 31, 2022 57.18%
Sep 30, 2022 35.96%
Jun 30, 2022 27.96%
Mar 31, 2022 31.10%
Dec 31, 2021 56.49%
Sep 30, 2021 14.19%
Jun 30, 2021 9.54%