Tejon Ranch (TRC) Operating Margin (2010 - 2026)
Tejon Ranch's Operating Margin came in at 2.44% for Q2 2026, up 51.25 percentage points from -48.81% a year earlier and up 14.34 percentage points from the prior quarter.
Tejon Ranch (TRC) Operating Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Tejon Ranch reported Operating Margin of -0.91%, up 20.92 percentage points year-over-year; for FY2025, it came in at -16.04%, up 5.92 percentage points from FY2024.
- Operating Margin carries a five-year change of +1.80 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was -21.96% in FY2024 (-13.69 pp), -8.27% in FY2023 (-25.60 pp), 17.33% in FY2022 (+17.41 pp) and -0.08% in FY2021 (+17.76 pp).
- The five-year range for quarterly Operating Margin is -62.37% (Q2 2024) to 11.85% (Q4 2024).
- Year-over-year, Operating Margin increased in five of the last seven quarters, with an average year-over-year change of +12.68 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q2 2026 (a gain of 51.25 percentage points), and the weakest in Q2 2024 (a drop of 60.39 percentage points).
- Business Quant data shows TRC's Operating Margin at -11.90% (Q1 2026), 10.86% (Q4 2025) and -16.91% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 19.50 Bn | 18.48 Bn | - | 76.00% |
| 2 | Howard Hughes Holdings | 5.01 Bn | -3.87 Bn | 435.75 Mn | 24.67% |
| 3 | Millrose Properties | 4.37 Bn | 4.19 Bn | - | 85.52% |
| 4 | St Joe | 4.19 Bn | 3.69 Bn | 80.65 Mn | 39.40% |
| 5 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.25 Bn | 2.09 Bn | - | - |
| 6 | LandBridge | 1.85 Bn | 1.72 Bn | 65.71 Mn | 66.07% |
| 7 | Opendoor Technologies | 1.32 Bn | -2.44 Bn | 38.00 Mn | -18.30% |
| 8 | Forestar | 1.21 Bn | -136.16 Mn | 84.10 Mn | 11.25% |
| 9 | EagleRock Land | 553.94 Mn | 478.01 Mn | 35.42 Mn | -128.01% |
| 10 | Tejon Ranch | 477.18 Mn | 409.05 Mn | - | 10.49% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.49% |
| Jun 30, 2026 | 2.44% |
| Mar 31, 2026 | -11.90% |
| Dec 31, 2025 | 10.86% |
| Sep 30, 2025 | -16.91% |
| Jun 30, 2025 | -48.81% |
| Mar 31, 2025 | -50.75% |
| Dec 31, 2024 | 11.85% |
| Sep 30, 2024 | -34.93% |
| Jun 30, 2024 | -62.37% |
| Mar 31, 2024 | -53.79% |
| Sep 30, 2021 | -8.12% |
| Jun 30, 2021 | 15.18% |
| Mar 31, 2021 | -9.54% |
| Dec 31, 2020 | -14.89% |
| Sep 30, 2020 | -6.12% |
| Jun 30, 2020 | -58.28% |
| Mar 31, 2020 | -17.09% |
| Dec 31, 2019 | 17.10% |
| Sep 30, 2019 | -25.56% |
Tejon Ranch Operating Margin 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-margin&ticker=TRC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=TRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();