Tejon Ranch (TRC) Operating Expenses (2010 - 2026)
Tejon Ranch's Operating Expenses came in at $13.91 million for Q2 2026, up 12.5% from $12.36 million a year earlier and up 30.8% from the prior quarter.
Tejon Ranch (TRC) Operating Expenses (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Tejon Ranch reported Operating Expenses of $57.35 million, up 3.9% year-over-year; for FY2025, it was $57.54 million, up 12.6% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 5.2% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $51.08 million in FY2024 (+5.5%), $48.44 million in FY2023 (-26.0%), $65.49 million in FY2022 (+17.2%) and $55.87 million in FY2021 (+25.3%).
- The five-year range for quarterly Operating Expenses is $7.97 million (Q2 2023) to $20.49 million (Q3 2022).
- Year-over-year, Operating Expenses increased in five of the last eight quarters, with growth averaging 10.6%.
- The fastest year-over-year change in Operating Expenses over five years came in Q3 2024 (growth of 44.0%), and the weakest in Q3 2023 (a decline of 50.3%).
- Business Quant data shows TRC's Operating Expenses at $10.63 million (Q1 2026), $18.81 million (Q4 2025) and $13.99 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 23.31 Bn | 22.14 Bn | - | 54.24 Mn |
| 2 | Eason Technology | 6.61 Bn | 6.61 Bn | - | - |
| 3 | LandBridge | 6.20 Bn | 6.54 Bn | 65.71 Mn | 15.90 Mn |
| 4 | Millrose Properties | 4.06 Bn | 4.06 Bn | - | 29.22 Mn |
| 5 | St Joe | 3.76 Bn | 3.26 Bn | 73.42 Mn | 104.06 Mn |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.89 Bn | 2.89 Bn | - | -8.70 Mn |
| 7 | Opendoor Technologies | 2.35 Bn | -1.47 Bn | 86.00 Mn | 230.00 Mn |
| 8 | Forestar | 1.34 Bn | -3.23 Mn | 84.10 Mn | 38.30 Mn |
| 9 | Five Point Holdings | 705.60 Mn | 734.37 Mn | -23.72 Mn | 21.49 Mn |
| 10 | Tejon Ranch | 443.42 Mn | 378.40 Mn | - | 13.91 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.91 Mn |
| Mar 31, 2026 | 10.63 Mn |
| Dec 31, 2025 | 18.81 Mn |
| Sep 30, 2025 | 13.99 Mn |
| Jun 30, 2025 | 12.36 Mn |
| Mar 31, 2025 | 12.38 Mn |
| Dec 31, 2024 | 15.81 Mn |
| Sep 30, 2024 | 14.65 Mn |
| Jun 30, 2024 | 9.24 Mn |
| Mar 31, 2024 | 11.39 Mn |
| Dec 31, 2023 | 18.52 Mn |
| Sep 30, 2023 | 10.17 Mn |
| Jun 30, 2023 | 7.97 Mn |
| Mar 31, 2023 | 11.78 Mn |
| Dec 31, 2022 | 17.61 Mn |
| Sep 30, 2022 | 20.49 Mn |
| Jun 30, 2022 | 11.59 Mn |
| Mar 31, 2022 | 15.81 Mn |
| Dec 31, 2021 | 13.48 Mn |
| Sep 30, 2021 | 16.18 Mn |
Tejon Ranch Operating Expenses 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=operating-expenses&ticker=TRC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "TRC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=TRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();