Tejon Ranch Co. (TRC)
NYSE · Real Estate · Finance, insurance and real estate · CIK 96869 · fiscal year ends in Dec
Closing price $16.76 on 29 Oct 2026; 52-week range $15.58 to $20.48.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $56.8M
- Revenue growth
- 25.4%
- Net income, last twelve months
- $6.0M
- Earnings per share
- $0.23
- Gross margin
- 32.9%
- Operating margin
- -0.9%
- Net margin
- 10.6%
- Return on equity
- 1.3%
- Market value
- $452.6M
- Price to earnings
- 72.9x
- Cash
- $3.9M
- Debt
- $95.9M
- Debt to equity
- 0.20
- Shares outstanding
- 27.0M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $49.6M | -$8.0M | $75.0K | $0.00 | -$411.0K | 10-K filed 19 Mar 2026 |
| FY2024 | 31 Dec 2024 | $41.9M | -$9.2M | $2.7M | $0.10 | -$42.9M | 10-K filed 6 Mar 2025 |
| FY2023 | 31 Dec 2023 | $44.7M | -$3.7M | $3.3M | $0.12 | -$7.7M | 10-K filed 6 Mar 2025 |
| FY2022 | 31 Dec 2022 | $79.2M | $13.7M | $15.8M | $0.59 | -$14.1M | 10-K filed 6 Mar 2025 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $14.3M | $2.6M | $0.10 |
| Q1 FY2026 | 31 Mar 2026 | $9.5M | $151.0K | $0.01 |
| Q4 FY2025 | 31 Dec 2025 | $21.1M | $1.6M | $0.06 |
| Q3 FY2025 | 30 Sep 2025 | $12.0M | $1.7M | $0.06 |
| Q2 FY2025 | 30 Jun 2025 | $8.3M | -$1.7M | -$0.06 |
| Q1 FY2025 | 31 Mar 2025 | $8.2M | -$1.5M | -$0.05 |
| Q4 FY2024 | 31 Dec 2024 | $17.9M | $4.5M | $0.16 |
| Q3 FY2024 | 30 Sep 2024 | $10.9M | -$1.8M | -$0.07 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By business, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Farming | $18.7M | 37.8% |
| Real estate - commercial/industrial | $15.0M | 30.3% |
| Mineral resources | $9.6M | 19.4% |
| Ranch operations | $5.5M | 11.0% |
| Multifamily | $732.0K | 1.5% |
Company events
The newest 8-K filings of 168 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 29 Oct 2026 | 8-K | Investor update | 7.01, 9.01 |
| 6 Aug 2026 | 8-K | Results | 2.02, 9.01 |
| 30 Jul 2026 | 8-K | Investor update | 7.01, 9.01 |
| 15 May 2026 | 8-K | Shareholder vote | 5.07, 9.01 |
| 7 May 2026 | 8-K | Results | 2.02, 9.01 |
| 30 Apr 2026 | 8-K | Investor update | 7.01, 9.01 |
| 19 Mar 2026 | 8-K | Results | 2.02, 9.01 |
| 19 Mar 2026 | 8-K | Other events | 8.01, 9.01 |
| 10 Mar 2026 | 8-K | Leadership change, Other events | 5.02, 8.01 |
| 5 Mar 2026 | 8-K | Investor update | 7.01, 9.01 |
| 15 Dec 2025 | 8-K | Bylaws or fiscal year change | 5.03, 9.01 |
| 14 Nov 2025 | 8-K | Investor update | 7.01, 9.01 |
Every filing
The newest filings with the SEC of 465 held.
| Filed | Form | Period |
|---|---|---|
| 29 Oct 2026 | 8-K | 29 Oct 2026 |
| 6 Aug 2026 | 10-Q | 30 Jun 2026 |
| 6 Aug 2026 | 8-K | 6 Aug 2026 |
| 30 Jul 2026 | 8-K | 30 Jul 2026 |
| 15 May 2026 | 8-K | 13 May 2026 |
| 11 May 2026 | 10-Q | 31 Mar 2026 |
| 7 May 2026 | 8-K | 7 May 2026 |
| 30 Apr 2026 | 8-K | 30 Apr 2026 |
| 3 Apr 2026 | ARS | 31 Dec 2025 |
| 3 Apr 2026 | DEFA14A | – |
| 3 Apr 2026 | DEF 14A | 13 May 2026 |
| 24 Mar 2026 | PRE 14A | 13 May 2026 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 8 Oct 2026 | Dimensional Fund Advisors LP | 13G amended | 4.7% | 1.3M |
| 14 Jul 2026 | Dimensional Fund Advisors LP | 13G amended | 5.1% | 1.4M |
| 5 May 2026 | Nitor Capital Management LLC | 13G | 6.2% | 1.7M |
| 27 Mar 2026 | The Vanguard Group | 13G amended | 0% | 0 |
| 10 Nov 2025 | HORIZON KINETICS ASSET MANAGEMENT LLC | 13G amended | 7.1% | 1.9M |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 1.7M | -2.96% | 16.12 |
| 30 Sep 2026 | 1.7M | +2.62% | 12.84 |
| 15 Sep 2026 | 1.7M | +13.02% | 11.56 |
| 31 Aug 2026 | 1.5M | +17.28% | 6.95 |
| 14 Aug 2026 | 1.3M | +1.89% | 7.12 |
| 31 Jul 2026 | 1.2M | +12.35% | 11.34 |
| 15 Jul 2026 | 1.1M | +5.49% | 12.75 |
| 30 Jun 2026 | 1.0M | +1.43% | 8.05 |
Funds that hold it
From each fund's latest Form 13F.
137 funds held it at 30 Jun 2026: 57 added and 28 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| Towerview LLC | 3,845,500 | $71.9M | 0 |
| Horizon Kinetics Asset Management LLC | 2,011,689 | $37.6M | +109,083 |
| Nitor Capital Management LLC | 1,798,905 | $33.6M | +117,341 |
| BlackRock, Inc. | 1,624,752 | $30.4M | +68,197 |
| Dimensional Fund Advisors LP | 1,368,551 | $25.6M | -89,883 |
| Vanguard Portfolio Management LLC | 1,062,986 | $19.9M | +42,813 |
| Vanguard Capital Management LLC | 986,230 | $18.4M | +3,513 |
| Bulldog Investors, LLP | 793,449 | $14.8M | +914 |
| Gamco Investors, Inc. Et Al | 710,339 | $13.3M | -27,600 |
| Lee Danner & Bass Inc. | 675,425 | $12.6M | -20,000 |
Peers
Companies in the same industry.
- CBRE Group, Inc. (CBRE): revenue $44.9B, market value $37.1B
- Terreno Realty Corp. (TRNO): revenue $502.9M, market value $7.1B
- Millrose Properties, Inc. (MRP): revenue $760.5M, market value $4.3B
- Curbline Properties Corp. (CURB): revenue $246.5M, market value $3.5B
- Cushman & Wakefield Ltd. (CWK): revenue $10.8B, market value $3.1B
- Urban Edge Properties (UE): revenue $494.5M, market value $2.5B
- Getty Realty Corp. (GTY): revenue $240.4M, market value $1.9B
- Ellington Financial Inc. (EFC): revenue $455.4M, market value $1.5B
- Innovative Industrial Properties Inc. (IIPR): revenue $263.7M, market value $1.5B
- Forestar Group Inc. (FOR): revenue $1.7B, market value $1.3B