Farmland Partners Inc. (FPI) vs Gladstone Land Corporation (LAND)
Farmland Partners Inc. and Gladstone Land Corporation are both Reit Specialty companies. Farmland Partners Inc. is the larger, with a market value of $466.9M against $409.4M — 1.1× the size. Gladstone Land Corporation has negative trailing earnings, so its P/E is not meaningful; Farmland Partners Inc. trades at 19.7×. Gladstone Land Corporation grew revenue faster over the last twelve months: 21.6% against −6.43%. Farmland Partners Inc. has the higher net margin (47.0% vs −33.0%) and the higher return on invested capital (3.01% vs 0.67%). Both pay a dividend; Gladstone Land Corporation yields more (4.08% vs 3.07%). Across the 21 metrics below, Farmland Partners Inc. leads on 11 and Gladstone Land Corporation on 10.
Valuation
Profitability
| Metric | FPI | LAND | Reit Specialty median |
|---|---|---|---|
| Gross margin | 82.80% | 82.50% | 67.43% |
| Operating margin | 42.25% | 13.84% | 21.38% |
| Net margin | 46.97% | (33.02%) | 16.14% |
| Free cash flow margin | 91.39% | 61.13% | 31.07% |
| Return on equity | 5.16% | (4.35%) | 4.76% |
| Return on assets | 3.27% | (2.38%) | 3.29% |
| Return on invested capital | 3.01% | 0.67% | 4.19% |
Growth
Health
Dividend
Size
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