Tejon Ranch Co. announced fourth quarter and full year 2025 financial results, with Q4 net income attributable to common stockholders of $1.6 million ($0.06/share) versus $4.5 million ($0.17/share) in Q4 2024, and full year net income of $0.1 million ($0.00/share) versus $2.7 million ($0.10/share) in 2024. Revenues increased 8% to $23.3 million in Q4 and 7% to $58.7 million for the year, including equity in earnings.
Key takeaways
Q4 2025 net income attributable to common stockholders $1.6 million ($0.06/share basic and diluted) vs $4.5 million ($0.17/share) in Q4 2024
FY 2025 net income attributable to common stockholders $0.1 million ($0.00/share) vs $2.7 million ($0.10/share) in 2024
Q4 2025 revenues and other income including equity in earnings $23.3 million, up 8% from $21.6 million
FY 2025 revenues and other income including equity in earnings $58.7 million, up 7% from $54.7 million
FY 2025 Adjusted EBITDA $25.3 million, up 8% from $23.4 million
Farming segment FY 2025 revenues $18.7 million, up 35% from 2024
TRCC industrial portfolio 100% leased, commercial portfolio 98% leased as of December 31, 2025
Total liquidity $91.0 million as of December 31, 2025