Farmland Partners (FPI) Return on Invested Capital [ROIC] (2016 - 2026)
Farmland Partners' Return on Invested Capital [ROIC] was 2.62% in Q2 2026, up 2.43 percentage points from 0.18% a year earlier and up 2.51 percentage points from the prior quarter.
Powered by 
Analysis
Farmland Partners (FPI) Return on Invested Capital [ROIC] (2016 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Farmland Partners came in at 0.09%, down 2.52 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a three-year change of -2.34 percentage points (FY2022 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 2.61% in FY2024 (+1.23 pp), 1.38% in FY2023 (-1.05 pp) and 2.43% in FY2022.
- The Q2 2026 figure marks the highest quarterly Return on Invested Capital [ROIC] since Q1 2025.
- Compared with a year earlier, Return on Invested Capital [ROIC] was higher in four of the last eight quarters, with an average year-over-year change of -0.57 percentage points.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q2 2026 (a gain of 2.43 percentage points); the worst was Q1 2026 (a drop of 2.67 percentage points).
- Per Business Quant data, FPI's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 0.11% (Q1 2026), 0.10% (Q4 2025) and -0.19% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Rayonier | 6.36 Bn | 4.10 Bn | 180.20 Mn | 2.30% |
| 2 | Farmland Partners | 368.99 Mn | 325.63 Mn | 8.08 Mn | 0.30% |
| 3 | Gladstone Land | 297.85 Mn | 234.49 Mn | 31.47 Mn | - |
| 4 | St Joe | 4.12 Bn | 3.63 Bn | 80.65 Mn | 11.38% |
| 5 | BrasilAgro - Brazilian Agricultural Real Estate | 331.67 Mn | 113.18 Mn | - | - |
| 6 | Alico | 277.15 Mn | 95.80 Mn | 4.05 Mn | 0.00% |
| 7 | Ckx Lands | 36.57 Mn | -31.38 Mn | 165,707.00 | - |
| 8 | Power REIT | 2.59 Mn | -7.48 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.30% |
| Jun 30, 2026 | 1.97% |
| Mar 31, 2026 | 0.08% |
| Dec 31, 2025 | 0.08% |
| Sep 30, 2025 | -0.15% |
| Jun 30, 2025 | 0.14% |
| Mar 31, 2025 | 2.15% |
| Dec 31, 2024 | 1.88% |
| Sep 30, 2024 | 1.45% |
| Jun 30, 2024 | 1.19% |
| Mar 31, 2024 | 1.23% |
| Dec 31, 2023 | 1.21% |
| Sep 30, 2023 | 1.41% |
| Jun 30, 2023 | 1.68% |
| Mar 31, 2023 | 1.71% |
| Dec 31, 2022 | 1.72% |
| Sep 30, 2022 | 1.67% |
| Jun 30, 2022 | 1.70% |
| Dec 31, 2016 | 1.93% |
API Access
Farmland Partners Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=FPI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "FPI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=FPI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();