Farmland Partners Inc.FPI
What Farmland Partners Inc. does.
Farmland Partners Inc. (“FPI”), collectively with its subsidiaries, is an internally managed real estate company that owns and seeks to acquire high-quality farmland located in agricultural markets throughout North America. FPI was incorporated in Maryland on September 27, 2013. FPI elected to be taxed as a real estate investment trust (“REIT”) under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”), commencing with its short taxable year ended December 31, 2014.
FPI is the sole member of the sole general partner of Farmland Partners Operating Partnership, LP (the “Operating Partnership”), which was formed in Delaware on September 27, 2013. All of FPI’s assets are held by, and its operations are primarily conducted through, the Operating Partnership and the wholly owned subsidiaries of the Operating Partnership. As of December 31, 2025, FPI owned a 98.1% interest in the Operating Partnership. See “Note 9—Stockholders’ Equity and Non-controlling Interests” for additional discussion regarding Class A Common units of limited partnership interest in the Operating Partnership (“Common units”), Series A preferred units of limited partnership interest in the Operating Partnership (“Series A preferred units”) and Series B participating preferred units of limited partnership interest in the Operating Partnership (“Series B participating preferred units”). Unlike holders of FPI’s common stock, par value $0.01 per share (“common stock”), holders of the Operating Partnership’s Common units and Series A preferred units generally do not have voting rights or the power to direct the affairs of FPI. As the sole member of the sole general partner with control of the Operating Partnership, FPI is the primary beneficiary and therefore consolidates the Operating Partnership in accordance with accounting standards for consolidation of variable interest entities.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $50.7M | $51.7M | $61.2M | $57.5M | $58.2M | $52.2M |
| Net income | $7.1M | $10.0M | $11.7M | $30.9M | $59.9M | $31.5M |
More on FPI.
- Farmland Partners Inc. summary
- Farmland Partners Inc. financial statements
- Farmland Partners Inc. key metrics
- Farmland Partners Inc. health scores and style box
- Farmland Partners Inc. earnings
- Farmland Partners Inc. dividends
- Farmland Partners Inc. valuation
- Farmland Partners Inc. ownership and insiders
- Farmland Partners Inc. peers
Figures from Farmland Partners Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.