Farmland Partners Inc. balance sheet
At the end of fiscal 2025, Farmland Partners Inc. had total assets of $719m, total liabilities of $181m and shareholders' equity of $467m. It held $9.3m in cash against $162m of debt: net debt of $152m.
Balance sheet
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | 17 | 13 | 27 | 30 | 8 | 5 | 78 | 9 | 8 |
| Goodwill | — | — | — | — | — | 3 | 3 | 3 | 3 | — | — |
| Total assets | 656 | 1,166 | 1,140 | 1,103 | 1,091 | 1,122 | 1,160 | 1,022 | 870 | 719 | 681 |
| Long-term debt | 310 | 516 | 525 | 513 | 508 | 513 | 439 | 363 | 205 | 162 | 240 |
| Total debt | 310 | 516 | 525 | 513 | 508 | 513 | 439 | 363 | 205 | 162 | 240 |
| Total liabilities | 320 | 530 | 536 | 526 | 525 | 529 | 456 | 391 | 273 | 181 | 254 |
| Shareholders' equity | 216 | 371 | 339 | 314 | 306 | 472 | 594 | 529 | 495 | 467 | 427 |
| Non-controlling interests and other (assets − liabilities − equity) | 120 | 265 | 264 | 263 | 260 | 121 | 110 | 102 | 102 | 71 | — |
| Net debt (negative = net cash) | — | — | 508 | 500 | 481 | 483 | 432 | 358 | 126 | 152 | 232 |
| Shares outstanding | — | 33m | 31m | 30m | 31m | — | 54m | 48m | 46m | 43m | 42m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Goodwill | 3 | 3 | 3 | 3 | — | — | — | — |
| Total assets | 870 | 810 | 777 | 739 | 719 | 712 | 700 | 681 |
| Long-term debt | 205 | 203 | 193 | 170 | 162 | 233 | 225 | 240 |
| Total debt | 205 | 203 | 193 | 170 | 162 | 233 | 225 | 240 |
| Total liabilities | 273 | 219 | 203 | 180 | 181 | 248 | 237 | 254 |
| Shareholders' equity | 495 | 492 | 474 | 457 | 467 | 464 | 463 | 427 |
| Non-controlling interests and other (assets − liabilities − equity) | 102 | 100 | 100 | 101 | 71 | — | — | — |
| Shares outstanding | 46m | 46m | 44m | 43m | 43m | 44m | 44m | 42m |
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