Farmland PartnersFPI +3.23%71 ROE % is 0.56% as of Mar. 2026, which is 81% below its 10-year median of 2.94. GuruFocus rates FPI with a GF Score™ of 71/100 and a GF Value™ of $10.91 (Fairly Valued). The stock has 5 warning signs investors should review. Among 933 REITs companies, Farmland Partners ranks better than 52.3% on this metric.
The historical rank and industry rank for Farmland Partners's ROE % or its related term are showing as below:
FPI'
s ROE % Range Over the Past 10 Years
Min: 1.64 Med: 2.94 Max: 12.01
Current: 6.51
During the past 13 years, Farmland Partners's highest ROE % was 12.01%. The lowest was 1.64%. And the median was 2.94%.
FPI's ROE % is ranked better than 52.3% of 933
companies
in the REITs industry
Industry Median: 6.15
vs FPI: 6.51
Farmland Partners (NYSE:FPI) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Farmland Partners ROE % Related Terms
Farmland Partners ROE % Historical Data
* Premium members only.
The historical data trend for Farmland Partners's ROE % 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.
For the REIT - Specialty subindustry, Farmland Partners's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs REITs Industry
For the REITs industry and Real Estate sector, Farmland Partners's ROE % distribution charts can be found below:
* The bar in red indicates where Farmland Partners's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Farmland Partners (FPI) has a ROE % of 0.56% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Farmland Partners and its competitors. This is 81% below median its historical median of 2.94. Over the past decade, Farmland Partners' ROE % has ranged from 1.64 to 12.01. According to the industry distribution chart, Farmland Partners ranks #445 out of 933 companies in the REITs industry, placing it in the top 47.7%.
Is Farmland Partners' ROE % too high?
Farmland Partners' current ROE % of 0.56% is 81% below median its 10-year median of 2.94. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 12.01. The REITs industry median ROE % is 6.15. Farmland Partners' value of 0.56% is 90.9% below this industry median. Based on the distribution chart, Farmland Partners ranks #445 out of 933 companies in the REITs industry, which is above the industry midpoint. Overall, Farmland Partners has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Farmland Partners' ROE % compare to LAND and NLCP?
According to the REITs industry distribution chart, Farmland Partners ranks #445 out of 933 companies for ROE %. This puts Farmland Partners in the upper half of its industry. The industry median ROE % is 6.15. Farmland Partners' value of 0.56% is 90.9% below this benchmark. Historically, Farmland Partners' own ROE % has ranged from 1.64 to 12.01 over the past decade. While the company's 10-year median is 2.94 vs. the industry median of 6.15, Farmland Partners has consistently been below 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 ROE % for a REITs company?
The median ROE % among REITs companies is 6.15, based on 933 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Farmland Partners's current ROE % of 0.56% is 90.9% below 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Farmland Partners and its competitors. For the REITs industry, the median ROE % is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Farmland Partners's current ROE % is 0.56%, which is 81% below median its own 10-year median of 2.94. 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 $10.91, compared to a current price of $9.91 — trading 9.2% below its estimated fair value. The current ROE % is 0.56%, which is 81% below median its 10-year median of 2.94 and 90.9% below the REITs industry median of 6.15. Farmland Partners' overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Farmland Partners (FPI), the current ROE % is 0.56% as of Mar. 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 $9.91 is trading 9.2% below its estimated GF Value™ of $10.91.
GuruFocus considers Farmland Partners to be Fairly Valued.
Key valuation signals for FPI:
ROE %: 0.56% (81% below median its 10-year median of 2.94)
GF Value™: $10.91 vs. price of $9.91 (9.2% below fair value)
Industry Position: 90.9% below the REITs median (#445 of 933)
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.
71GF Score
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