AH Realty Trust vs Farmland Partners
AH Realty Trust is the larger business, with $210m of revenue in fiscal 2025 against $52.2m for Farmland Partners (4.0 times as much). Farmland Partners grew faster (-10.4% against -51.5%). Farmland Partners kept more of each dollar of sales as profit: a net margin of 60.5% against 2.7%. Farmland Partners carries less debt relative to equity (34.6% against 243.2%).
| Latest fiscal year | AH Realty TrustAHRT, 2025 | Farmland PartnersFPI, 2025 |
|---|---|---|
| Revenue | $210m | $52.2m |
| Revenue growth | -51.5% | -10.4% |
| Net income | $5.6m | $31.5m |
| Operating margin | 23.1% | — |
| Net margin | 2.7% | 60.5% |
| Return on equity | 0.9% | 6.6% |
| Free cash flow | — | — |
| Cash | $40.7m | $9.3m |
| Total debt | $1.53bn | $162m |
| Debt to equity | 243.2% | 34.6% |
| Dividend per share | — | — |
| Dividend yield | 16.5% | 6.0% |
| Share buybacks | $0 | $37.8m |
| Employees | 98 | 12 |
| Market value | $484m | $372m |
| Price vs our value range | — | — |
| Moat score | 41 (Weak) | 54 (Moderate) |
| Insider trades, 12 months | 10 buys, 0 sales | 4 buys, 1 sales |