Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Farmland PartnersFPI -0.40%68 Equity-to-Asset is 0.66 as of Jun. 2026, which is 61% above its 10-year median of 0.41. GuruFocus rates FPI with a GF Score™ of 68/100 and a GF Value™ of $10.88 (Fairly Valued). The stock has 5 warning signs investors should review. Among 934 REITs companies, Farmland Partners ranks better than 62.31% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Farmland Partners's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $460.00 Mil. Farmland Partners's Total Assets for the quarter that ended in Jun. 2026 was $699.80 Mil.
Therefore, Farmland Partners's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.66.
The historical rank and industry rank for Farmland Partners's Equity-to-Asset or its related term are showing as below:
FPI'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21 Med: 0.41 Max: 0.66
Current: 0.66
During the past 13 years, the highest Equity to Asset Ratio of Farmland Partners was 0.66. The lowest was 0.21. And the median was 0.41.
FPI's Equity-to-Asset is ranked better than 62.31% of 934
companies
in the REITs industry
Industry Median: 0.58
vs FPI: 0.66
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Farmland Partners Equity-to-Asset Related Terms
Farmland Partners Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Farmland Partners's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FPI vs LAND, NLCP, SELF: Equity-to-Asset Comparison
For the REIT - Specialty subindustry, Farmland Partners's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Farmland Partners Equity-to-Asset vs REITs Industry
For the REITs industry and Real Estate sector, Farmland Partners's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Farmland Partners's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Farmland Partners's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Farmland Partners (FPI) has a Equity-to-Asset of 0.66 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Farmland Partners and its competitors. This is 61% above median its historical median of 0.41. Over the past decade, Farmland Partners' Equity-to-Asset has ranged from 0.21 to 0.66. According to the industry distribution chart, Farmland Partners ranks #352 out of 934 companies in the REITs industry, placing it in the top 37.7%.
Is Farmland Partners' Equity-to-Asset too high?
Farmland Partners' current Equity-to-Asset of 0.66 is 61% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.66. The REITs industry median Equity-to-Asset is 0.58. Farmland Partners' value of 0.66 is 13.8% above this industry median. Based on the distribution chart, Farmland Partners ranks #352 out of 934 companies in the REITs industry, which is above the industry midpoint. Overall, Farmland Partners has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Farmland Partners' Equity-to-Asset compare to LAND and NLCP?
According to the REITs industry distribution chart, Farmland Partners ranks #352 out of 934 companies for Equity-to-Asset. This puts Farmland Partners in the upper half of its industry. The industry median Equity-to-Asset is 0.58. Farmland Partners' value of 0.66 is 13.8% above this benchmark. Historically, Farmland Partners' own Equity-to-Asset has ranged from 0.21 to 0.66 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.58, Farmland Partners has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a REITs company?
The median Equity-to-Asset among REITs companies is 0.58, based on 934 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Farmland Partners's current Equity-to-Asset of 0.66 is 13.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Farmland Partners and its competitors. For the REITs industry, the median Equity-to-Asset is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Farmland Partners's current Equity-to-Asset is 0.66, which is 61% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Farmland Partners stock overvalued right now?
Based on GuruFocus' analysis, Farmland Partners (FPI) is currently considered Fairly Valued. The stock's GF Value™ is $10.88, compared to a current price of $9.90 — trading 9% below its estimated fair value. The current Equity-to-Asset is 0.66, which is 61% above median its 10-year median of 0.41 and 13.8% above the REITs industry median of 0.58. Farmland Partners' overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Farmland Partners (FPI), the current Equity-to-Asset is 0.66 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Farmland Partners (FPI) Overvalued in 2026?
Based on GuruFocus' analysis, Farmland Partners stock appears to be undervalued.
The current stock price of $9.90 is trading 9% below its estimated GF Value™ of $10.88.
GuruFocus considers Farmland Partners to be Fairly Valued.
Key valuation signals for FPI:
Equity-to-Asset: 0.66 (61% above median its 10-year median of 0.41)
GF Value™: $10.88 vs. price of $9.90 (9% below fair value)
Industry Position: 13.8% above the REITs median (#352 of 934)
No single metric tells the full story. See the FPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Farmland Partners Inc owns and seeks to acquire high-quality farmland throughout North America. The company is an internally managed real estate company which owns and contracts farmland and storage facilities located across the United States. Majority of the properties in its portfolio are used to grow primary crops, such as corn, soybeans, wheat, rice and cotton, and rest to produce specialty crops, such as almonds, pictachios, citrus, avacados, strawberies, and edible beans. The company generates its revenues through the rent it receives from its tenants.
68GF Score
Get the complete analysis for FPI
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FPI has been successfully added to your 
