📊 FPI Key Takeaways
Is Farmland Partners Inc. (FPI) a Good Investment?
Farmland Partners exhibits critical debt servicing stress with interest coverage of only 0.1x, indicating operating income cannot adequately cover interest obligations on $232.8M debt. Declining revenue (-10.4% YoY) combined with microscopic returns (0.1% ROE/ROA) reveal fundamental business weakness despite positive free cash flow.
Farmland Partners shows solid core financial health, with strong operating and net margins, positive free cash flow, and moderate leverage relative to equity. However, the decline in revenue and the much sharper drop in diluted EPS suggest weaker growth quality and possible dilution or non-operating support to net income, which tempers the otherwise healthy balance sheet and profitability profile.
Why Buy Farmland Partners Inc. Stock? FPI Key Strengths
- Moderate leverage with 0.50x debt-to-equity ratio
- Positive operating cash flow of $8.2M with 81.6% FCF margin
- Net income growth of 9.5% YoY showing cost discipline
- High operating and net margins indicate efficient earnings generation
- Moderate leverage and 6.4x interest coverage support balance sheet stability
- Positive operating cash flow and 33.4% free cash flow margin provide financial flexibility
FPI Stock Risks: Farmland Partners Inc. Investment Risks
- Interest coverage ratio of 0.1x indicates severe debt servicing distress
- Revenue declining 10.4% YoY with EPS down 42.5% signals deteriorating fundamentals
- Minimal shareholder returns (0.1% ROE) with only $17.7M cash against $232.8M long-term debt
- Business appears reliant on debt refinancing rather than operational improvement
- Revenue declined 10.4% year over year, pointing to top-line pressure
- Diluted EPS fell 42.5% despite higher net income, raising concerns about earnings quality or share dilution
- Low cash balance relative to total debt reduces near-term liquidity cushion
Key Metrics to Watch
- Interest coverage ratio trending toward 1.0x or above
- Revenue stabilization and return to growth
- Cash position relative to debt maturity schedule
- Return on equity improvement toward sector averages
- Revenue growth and rental/farm income stability
- Diluted share count and operating cash flow conversion
Farmland Partners Inc. (FPI) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 81.6% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
FPI Profit Margin, ROE & Profitability Analysis
FPI vs Real Estate Sector: How Farmland Partners Inc. Compares
How Farmland Partners Inc. compares to Real Estate sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Farmland Partners Inc. Stock Overvalued? FPI Valuation Analysis 2026
Based on fundamental analysis, Farmland Partners Inc. has mixed fundamental signals relative to the Real Estate sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Farmland Partners Inc. Balance Sheet: FPI Debt, Cash & Liquidity
FPI Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Farmland Partners Inc.'s revenue has grown significantly by 13% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.06 reflects profitable operations.
FPI Revenue Growth, EPS Growth & YoY Performance
FPI Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $10.1M | $640.0K | $0.01 |
| Q3 2025 | $11.3M | $483.0K | $0.00 |
| Q2 2025 | $10.0M | -$629.0K | $-0.05 |
| Q1 2025 | $10.3M | $1.4M | $0.01 |
| Q3 2024 | $11.6M | $1.2M | $-0.02 |
| Q2 2024 | $11.4M | -$629.0K | $-0.05 |
| Q1 2024 | $12.0M | $1.4M | $0.01 |
| Q3 2023 | $11.6M | $1.1M | $0.01 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Farmland Partners Inc. Dividends, Buybacks & Capital Allocation
FPI SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Farmland Partners Inc. (CIK: 0001591670)
📋 Recent SEC Filings
❓ Frequently Asked Questions about FPI
What is the AI rating for FPI?
Farmland Partners Inc. (FPI) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 77% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are FPI's key strengths?
Claude: Moderate leverage with 0.50x debt-to-equity ratio. Positive operating cash flow of $8.2M with 81.6% FCF margin. ChatGPT: High operating and net margins indicate efficient earnings generation. Moderate leverage and 6.4x interest coverage support balance sheet stability.
What are the risks of investing in FPI?
Claude: Interest coverage ratio of 0.1x indicates severe debt servicing distress. Revenue declining 10.4% YoY with EPS down 42.5% signals deteriorating fundamentals. ChatGPT: Revenue declined 10.4% year over year, pointing to top-line pressure. Diluted EPS fell 42.5% despite higher net income, raising concerns about earnings quality or share dilution.
What is FPI's revenue and growth?
Farmland Partners Inc. reported revenue of $10.1M.
Does FPI pay dividends?
Farmland Partners Inc. pays dividends, with $11.2M distributed to shareholders in the trailing twelve months.
Where can I find FPI SEC filings?
Official SEC filings for Farmland Partners Inc. (CIK: 0001591670) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is FPI's EPS?
Farmland Partners Inc. has a diluted EPS of $0.01.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is FPI a good stock to buy right now?
Based on our AI fundamental analysis in May 2026, Farmland Partners Inc. has a SELL rating with 77% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is FPI stock overvalued or undervalued?
Valuation metrics for FPI: ROE of 0.1% (sector avg: 8%), net margin of 6.3% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.
Should I buy FPI stock in 2026?
Our dual AI analysis gives Farmland Partners Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is FPI's free cash flow?
Farmland Partners Inc.'s operating cash flow is $8.2M, with capital expenditures of N/A. FCF margin is 81.6%.
How does FPI compare to other Real Estate stocks?
Vs Real Estate sector averages: Net margin 6.3% (avg: 20%), ROE 0.1% (avg: 8%), current ratio N/A (avg: 1.5).