Farmland Partners Inc Net Assets
Farmland Partners Inc net assets. Based on the latest financial reports, Farmland Partners Inc (FPI) has net assets worth $463.51 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($711.71 Million) and total liabilities ($248.21 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Farmland Partners Inc (FPI) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $463.51 Million |
| % of Total Assets | 65.13% |
| Annual Growth Rate | 76.51% |
| 5-Year Change | -9.22% |
| 10-Year Change | 149.53% |
| Growth Volatility | 430.87 |
Net Assets of Farmland Partners Inc (2012–2025)
Net assets of Farmland Partners Inc from 2012 to 2025. This chart illustrates how Farmland Partners Inc's net assets have evolved over time, based on quarterly financial data. See Farmland Partners Inc (FPI) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for Farmland Partners Inc (2012–2025)
The table below shows the annual net assets of Farmland Partners Inc from 2012 to 2025. For live market cap and overall valuation, see Farmland Partners Inc (FPI) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $537.97 Million | -9.82% |
| 2024-12-31 | $596.56 Million | -5.43% |
| 2023-12-31 | $630.81 Million | -10.42% |
| 2022-12-31 | $704.21 Million | +18.84% |
| 2021-12-31 | $592.59 Million | +32.96% |
| 2020-12-31 | $445.68 Million | -2.35% |
| 2019-12-31 | $456.41 Million | -24.38% |
| 2018-12-31 | $603.54 Million | -5.06% |
| 2017-12-31 | $635.68 Million | +194.85% |
| 2016-12-31 | $215.59 Million | +55.63% |
| 2015-12-31 | $138.53 Million | +65.86% |
| 2014-12-31 | $83.53 Million | +1868.15% |
| 2013-12-31 | $-4.72 Million | -1517.03% |
| 2012-12-31 | $333.37K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Farmland Partners Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 6232700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Farmland Partners Inc Net Assets Breakdown (December 2025)
Farmland Partners Inc net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $431.00K | 0.09% |
| Other Components | $521.25 Million | 113.47% |
| Total Equity | $459.35 Million | 100.00% |
Farmland Partners Inc Competitors by Market Cap
The table below lists competitors of Farmland Partners Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HEIDELB.DRUCK.UNS.ADR 1/2
F:HDDF
|
$383.88 Million |
|
YIDU TECH INC. DL -00002
F:0EL
|
$383.88 Million |
|
Luoyang Jalon Micro-Nano New Materials Co Ltd
SHG:688357
|
$383.91 Million |
|
Source Capital Closed Fund
NYSE:SOR
|
$384.06 Million |
|
Guangzhou Seagull Kitchen And Bath Products Co Ltd
SHE:002084
|
$383.83 Million |
|
Irani Papel e Embalagem S.A
SA:RANI3
|
$383.74 Million |
|
Nel ASA
OL:NEL
|
$383.73 Million |
|
Bukit Uluwatu Villa Tbk
JK:BUVA
|
$383.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Farmland Partners Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 481,911,000 to 459,353,000, a change of -22,558,000 (-4.7%).
- Net income of 31,545,000 contributed positively to equity growth.
- Dividend payments of 63,744,000 reduced retained earnings.
- Share repurchases of 38,140,000 reduced equity.
- Other comprehensive income decreased equity by 1,512,000.
- Other factors increased equity by 49,293,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $31.55 Million | +6.87% |
| Dividends Paid | $63.74 Million | -13.88% |
| Share Repurchases | $38.14 Million | -8.3% |
| Other Comprehensive Income | $-1.51 Million | -0.33% |
| Other Changes | $49.29 Million | +10.73% |
| Total Change | $- | -4.68% |
Book Value vs Market Value Analysis
This analysis compares Farmland Partners Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.98x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 105.97x to 0.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $0.08 | $8.80 | x |
| 2013-12-31 | $-1.18 | $8.80 | x |
| 2014-12-31 | $15.56 | $8.80 | x |
| 2015-12-31 | $14.39 | $8.80 | x |
| 2016-12-31 | $16.33 | $8.80 | x |
| 2017-12-31 | $20.48 | $8.80 | x |
| 2018-12-31 | $18.77 | $8.80 | x |
| 2019-12-31 | $15.13 | $8.80 | x |
| 2020-12-31 | $15.17 | $8.80 | x |
| 2021-12-31 | $13.23 | $8.80 | x |
| 2022-12-31 | $11.40 | $8.80 | x |
| 2023-12-31 | $8.85 | $8.80 | x |
| 2024-12-31 | $8.61 | $8.80 | x |
| 2025-12-31 | $8.96 | $8.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Farmland Partners Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.87%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 60.46%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.57x
- Recent ROE (6.87%) is below the historical average (15.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 175.89% | 27.62% | 0.06x | 110.73x | $553.02K |
| 2013 | 0.00% | 1.45% | 0.06x | 0.00x | $506.56K |
| 2014 | -0.86% | -13.47% | 0.02x | 3.03x | $-7.20 Million |
| 2015 | 0.89% | 8.92% | 0.04x | 2.49x | $-12.63 Million |
| 2016 | 2.00% | 13.88% | 0.05x | 3.04x | $-17.26 Million |
| 2017 | 1.24% | 17.12% | 0.04x | 1.83x | $-55.65 Million |
| 2018 | 2.03% | 21.86% | 0.05x | 1.89x | $-48.10 Million |
| 2019 | 3.04% | 25.92% | 0.05x | 2.42x | $-31.75 Million |
| 2020 | 1.60% | 14.04% | 0.05x | 2.45x | $-37.45 Million |
| 2021 | 2.18% | 19.31% | 0.05x | 2.45x | $-35.84 Million |
| 2022 | 2.01% | 19.07% | 0.05x | 2.00x | $-46.40 Million |
| 2023 | 5.99% | 53.79% | 0.06x | 1.98x | $-20.68 Million |
| 2024 | 12.43% | 102.89% | 0.07x | 1.80x | $11.72 Million |
| 2025 | 6.87% | 60.46% | 0.07x | 1.57x | $-14.39 Million |
Industry Comparison
This section compares Farmland Partners Inc's net assets metrics with peer companies in the REIT - Specialty industry.
Industry Context
- Industry: REIT - Specialty
- Average net assets among peers: $1,929,467,889
- Average return on equity (ROE) among peers: 1.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Farmland Partners Inc (FPI) | $463.51 Million | 175.89% | 0.54x | $383.83 Million |
| American Tower Corp (AMT) | $3.68 Billion | 17.30% | 2.82x | $87.96 Billion |
| Crown Castle (CCI) | $1.86 Billion | 12.61% | 1.45x | $33.03 Billion |
| Digital Realty Trust Inc (DLR) | $5.13 Billion | 8.30% | 1.38x | $64.46 Billion |
| EPR Properties (EPR) | $1.47 Billion | 0.55% | 0.83x | $4.56 Billion |
| Equinix Inc (EQIX) | $273.71 Million | -25.07% | 0.83x | $99.77 Billion |
| Fermi Inc. (FRMI) | $1.10 Billion | -44.38% | 0.29x | $1.01 Billion |
| Gaming & Leisure Properties (GLPI) | $2.46 Billion | 15.48% | 1.95x | $11.31 Billion |
| Iron Mountain Incorporated (IRM) | $528.61 Million | 23.31% | 11.01x | $29.90 Billion |
| Lamar Advertising Company (LAMR) | $860.25 Million | 1.13% | 3.79x | $13.58 Billion |
About Farmland Partners Inc
Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to third-party farmers (both tenant and non-tenant) and landowners secured by farm real estate and/or other agricultural related assets. As of March 31, 2026, the Company owned approximately 70,400 acres of farmland in 11 states, including Arkansa… Read more