FPI FY 2025 net income falls 47.6% to USD 32.17 million

Reuters05:10
FPI FY 2025 net income falls 47.6% to USD 32.17 million

Farmland Partners (FPI) reported FY 2025 net income of USD 32.17 million (down 47.6%) and net income available to common stockholders of USD 0.65 per share (down 45.4%). AFFO was USD 17.87 million (up 27.0%), or USD 0.39 per share (up 34.5%), while Adjusted EBITDAre was USD 30.07 million (down 16.2%). Total operating revenues were USD 52.18 million (down 10.4%) and NOI was USD 41.92 million (down 10.7%). During FY 2025, FPI completed dispositions of 60 properties for USD 90.20 million in aggregate consideration, recognizing a USD 34.90 million net gain on sale, and acquired six properties for USD 7.30 million. The company reduced total debt to USD 161.60 million as of Dec. 31, 2025, repurchased 3.41 million shares at a weighted average price of USD 11.07, and sold Murray Wise Associates at a USD 1.00 million gain. FPI also declared a one-time special dividend of USD 0.20 per share in December 2025 (paid in January 2026) and subsequently raised its cash dividend by 50% to an annualized USD 0.36 per share (USD 0.09 quarterly), and redeemed the remaining 68,000 Series A preferred units for USD 68.20 million in cash in February 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Farmland Partners Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260218670268) on February 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment