EPR Properties vs Farmland Partners
EPR Properties is the larger business, with $718m of revenue in fiscal 2025 against $52.2m for Farmland Partners (13.8 times as much). EPR Properties grew faster (2.9% against -10.4%). Farmland Partners kept more of each dollar of sales as profit: a net margin of 60.5% against 38.3%. Farmland Partners carries less debt relative to equity (34.6% against 125.8%).
| Latest fiscal year | EPR PropertiesEPR, 2025 | Farmland PartnersFPI, 2025 |
|---|---|---|
| Revenue | $718m | $52.2m |
| Revenue growth | 2.9% | -10.4% |
| Net income | $275m | $31.5m |
| Operating margin | 57.7% | — |
| Net margin | 38.3% | 60.5% |
| Return on equity | 11.8% | 6.6% |
| Free cash flow | $269m | — |
| Cash | $90.6m | $9.3m |
| Total debt | $2.93bn | $162m |
| Debt to equity | 125.8% | 34.6% |
| Dividend per share | $3.52 | — |
| Dividend yield | 6.5% | 6.0% |
| Share buybacks | $9.9m | $37.8m |
| Employees | 54 | 12 |
| Market value | $4.57bn | $372m |
| Price vs our value range | — | — |
| Moat score | 69 (Moderate) | 54 (Moderate) |
| Insider trades, 12 months | 0 buys, 20 sales | 4 buys, 1 sales |