Tejon Ranch (TRC) Operating Expenses (2010 - 2026)
Tejon Ranch's (TRC) quarterly Operating Expenses came in at $13.9 million in Q2 2026, up 12.53% on a YoY basis from $12.4 million in Q2 2025, and up 30.82% quarter-over-quarter from $10.6 million in Q1 2026.
Analysis
Tejon Ranch (TRC) Operating Expenses (2010 - 2026) Analysis & Trends
Tejon Ranch (TRC) has reported Operating Expenses for 17 consecutive years, with $13.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 12.53% year-over-year to $13.9 million; the trailing twelve-month figure through Jun 2026 stood at $57.4 million (up 3.91% YoY), and the FY2025 full-year result was $57.5 million, up 12.65% from the prior year.
- Operating Expenses grew to $13.9 million in Q2 2026 per TRC's latest filing, from $10.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $20.5 million in Q3 2022 and bottomed at $8.0 million in Q2 2023.
- Historically, Operating Expenses has averaged $13.7 million across 5 years, with a median of $13.1 million in 2025.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses sank 50.35% in 2023, then surged 44.0% in 2024.
- Over 5 years, Operating Expenses stood at $17.6 million in 2022, then rose by 5.19% to $18.5 million in 2023, then slipped by 14.63% to $15.8 million in 2024, then gained by 19.01% to $18.8 million in 2025, then fell by 26.06% to $13.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $13.9 million, $10.6 million, and $18.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Millrose Properties | 5.07 Bn | 5.07 Bn | - | 29.22 Mn |
| 2 | St Joe | 3.65 Bn | 3.54 Bn | 73.42 Mn | 104.06 Mn |
| 3 | Forestar | 1.37 Bn | 979.73 Mn | 84.10 Mn | 38.30 Mn |
| 4 | Five Point Holdings | 752.29 Mn | 402.92 Mn | -23.72 Mn | 21.49 Mn |
| 5 | Tejon Ranch | 442.06 Mn | 427.00 Mn | - | 13.91 Mn |
| 6 | Maui Land & Pineapple | 320.19 Mn | 320.19 Mn | 2.37 Mn | 5.49 Mn |
| 7 | Stratus Properties | 149.37 Mn | 149.37 Mn | -1.91 Mn | -11.61 Mn |
| 8 | Global Asset Management | 105.68 Mn | 105.62 Mn | 3,274.00 | 399,824.00 |
| 9 | Kaanapali Land | 57.36 Mn | 19.41 Mn | -406,000.00 | 232,000.00 |
| 10 | Alset | 48.62 Mn | 28.88 Mn | 83,877.00 | 2.78 Mn |
Historic Data
Download Data
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 |