📊 TRC Key Takeaways
Is Tejon Ranch Co (TRC) a Good Investment?
Tejon Ranch is in a capital-intensive investment phase with 18.4% revenue growth, but this growth is completely offset by operating losses (-16% margin) and severe negative free cash flow (-$43.3M). Despite a strong balance sheet with low leverage and excellent liquidity, the company is destroying shareholder value—generating near-zero net income on nearly $50M revenue while burning cash on capex ($49.4M) that has yet to demonstrate adequate returns.
Why Buy Tejon Ranch Co Stock? TRC Key Strengths
- Strong revenue growth of 18.4% YoY shows top-line momentum
- Conservative balance sheet with 0.10x debt-to-equity ratio and $475.2M stockholders equity
- Excellent liquidity with 4.14x current ratio and 3.78x quick ratio provides financial flexibility
TRC Stock Risks: Tejon Ranch Co Investment Risks
- Severe operating losses (-16% margin) despite revenue growth indicate fundamental operational challenges
- Massive negative free cash flow (-$43.3M) driven by capex nearly equal to total revenue, unsustainable long-term
- Minimal profitability (0.2% net margin) and zero returns on equity/assets show capital is not generating shareholder value
- Very low cash balance ($9.5M) relative to capex requirements ($49.4M) creates dependency on external funding
- EPS collapsed -100% YoY signaling deteriorating shareholder metrics
Key Metrics to Watch
- Free cash flow trajectory and capex as % of revenue—must trend toward positive FCF
- Operating margin improvement—must move from -16% toward breakeven or positive territory
- Return on invested capital from capex projects—critical to justify $49.4M annual investment
- Cash balance and liquidity adequacy given ongoing capex burn rate
Tejon Ranch Co (TRC) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 4.14x current ratio provides a solid financial cushion.
TRC Profit Margin, ROE & Profitability Analysis
TRC vs Real Estate Sector: How Tejon Ranch Co Compares
How Tejon Ranch Co compares to Real Estate sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Tejon Ranch Co Stock Overvalued? TRC Valuation Analysis 2026
Based on fundamental analysis, Tejon Ranch Co 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.
Tejon Ranch Co Balance Sheet: TRC Debt, Cash & Liquidity
TRC Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Tejon Ranch Co's revenue has declined by 37% over the 5-year period, indicating business contraction. The most recent EPS of $0.12 reflects profitable operations.
TRC Revenue Growth, EPS Growth & YoY Performance
TRC Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $10.9M | -$1.5M | $-0.06 |
| Q2 2025 | $5.7M | $43.0K | $0.00 |
| Q1 2025 | $7.4M | -$914.0K | $-0.03 |
| Q3 2021 | $13.5M | $219.0K | $0.01 |
| Q2 2021 | $4.8M | -$333.0K | $-0.01 |
| Q1 2021 | $10.3M | -$682.0K | $-0.03 |
| Q3 2020 | $9.7M | $47.0K | $0.00 |
| Q2 2020 | $4.8M | -$333.0K | $-0.01 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Tejon Ranch Co Dividends, Buybacks & Capital Allocation
TRC SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Tejon Ranch Co (CIK: 0000096869)
📋 Recent SEC Filings
❓ Frequently Asked Questions about TRC
What is the AI rating for TRC?
Tejon Ranch Co (TRC) has an AI rating of SELL with 70% confidence, based on fundamental analysis of SEC EDGAR filings.
What are TRC's key strengths?
Claude: Strong revenue growth of 18.4% YoY shows top-line momentum. Conservative balance sheet with 0.10x debt-to-equity ratio and $475.2M stockholders equity.
What are the risks of investing in TRC?
Claude: Severe operating losses (-16% margin) despite revenue growth indicate fundamental operational challenges. Massive negative free cash flow (-$43.3M) driven by capex nearly equal to total revenue, unsustainable long-term.
What is TRC's revenue and growth?
Tejon Ranch Co reported revenue of $49.6M.
Does TRC pay dividends?
Tejon Ranch Co does not currently pay dividends.
Where can I find TRC SEC filings?
Official SEC filings for Tejon Ranch Co (CIK: 0000096869) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is TRC's EPS?
Tejon Ranch Co has a diluted EPS of $0.00.
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 TRC a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Tejon Ranch Co has a SELL rating with 70% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is TRC stock overvalued or undervalued?
Valuation metrics for TRC: ROE of 0.0% (sector avg: 8%), net margin of 0.2% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.
Should I buy TRC stock in 2026?
Our dual AI analysis gives Tejon Ranch Co a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is TRC's free cash flow?
Tejon Ranch Co's operating cash flow is $6.1M, with capital expenditures of $49.4M. FCF margin is -87.2%.
How does TRC compare to other Real Estate stocks?
Vs Real Estate sector averages: Net margin 0.2% (avg: 20%), ROE 0.0% (avg: 8%), current ratio 4.14 (avg: 1.5).