TRC
Tejon Ranch Co (TRC)
NYSE
$17.18-$0.11 (-0.64%)
Price as of Nov 13, 2026 12:40 PM EST
  • $467.4M
    Market Cap
  • 6.14%
    1-Year Change
  • Conglomerates
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 19
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

Tejon Ranch: 3 Key Takeaways for Long-Term Investors

Tejon Ranch is transitioning from a conglomerate model to a land-focused business strategy, leveraging its 270,000 acres of California real estate. Q3 2026 showed net income of $3.3 million, though much of the improvement came from non-recurring items like crop insurance proceeds ($3.9M) and pistachio price adjustments ($2.6M). Management is cutting controllable overhead costs by 40% and focusing on capital discipline to unlock underlying land value through development projects along major California transit corridors.

11/06/2026, 7:32 AM • The Motley Fool

Tejon Ranch (TRC) Q3 2026 Earnings Call Transcript

Tejon Ranch reported Q3 2026 results with revenue of $22.6M and net income of $3.3M ($0.12/share), up from prior year. The company is executing a strategic transition from a conglomerate real estate operator to a land company focused on recurring income. Key highlights include 100% industrial occupancy at the Commerce Center, progress on residential projects (Grapevine and Centennial), and a 44% increase in trailing 12-month adjusted EBITDA to $35M. Management acknowledged challenges including negative free cash flow, rising debt, and the need for further cost reductions and revenue growth to close the valuation gap between share price and intrinsic asset value.

11/06/2026, 3:59 AM • The Motley Fool

Tejon Ranch Co. Announces Fourth Quarter and Year-Ended December 31, 2025 Financial Results

Tejon Ranch Co. reported 2025 full-year net income of $0.1 million ($0.00/share) compared to $2.7 million in 2024. Revenues increased 7% to $58.7 million, with farming segment revenue up 35% to $18.7 million and commercial/industrial revenue up 20% to $15.0 million. Adjusted EBITDA increased 8% to $25.3 million. The company completed Phase 1 of Terra Vista multifamily development with 71% leasing and the Nestlé distribution facility. However, net income was impacted by $3.4 million in one-time proxy defense costs.

03/19/2026, 8:00 AM • GlobeNewswire

Court Issues Opinion on Centennial at Tejon Ranch

Tejon Ranch Co. disagrees with a California Court of Appeals ruling on its Centennial development project, noting they prevailed on 20 of 23 trial court items. The company remains committed to advancing the project and delivering housing, jobs, and open space preservation.

06/26/2025, 8:55 PM • GlobeNewswire

Peers

Statistics

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Day Range
$17.11
$17.80
$17.29
1-Year Range
$15.66
$20.48
$17.29
Latest Close$17.29
Change
-$0.36 (-2.08%)
Volume143,925
Market Cap$467.4M
Shares Outstanding27.0M
P/E (TTM)61.05
Diluted EPS (TTM)$0.28
Enterprise Value$559.3M

Information as of 11/12/2026

Company Profile

$467.4M
Market Cap
$7.7M
Net Income
Sector: Industrials
Industry: Conglomerates
4436 Lebec Road, Lebec, CA, United States, 93243
661 248 3000

Tejon Ranch Co., together with its subsidiaries, operates as a diversified real estate development and agribusiness company. It operates through six segments: Real Estate - Commercial/Industrial; Multifamily; Real Estate - Resort/Residential; Mineral Resources; Farming; And Ranch Operations. The Real Estate - Commercial/Industrial segment engages in the planning and permitting of land for development; construction of infrastructure and building, pre-leased buildings, and buildings to be leased or sold; sale of land to third parties for their own development; and activities related to communications leases, a power plant lease, and landscape maintenance. This segment also leases land to various auto service stations with convenience stores, fast-food operations, a motel, an antique shop, and a post office; various microwave repeater locations, radio and cellular transmitter sites, and fiber optic cable routes; and package of land for an electric power plant. The Multifamily segment engages in development, leasing, and long-term ownership of residential rental communities. The Real Estate - Resort/Residential segment engages in land entitlement, planning, pre-construction engineering, stewardship, and conservation activities. The Mineral Resources segment includes oil and gas royalties, rock and aggregate royalties, and royalties from a cement operation leased to National Cement Company of California, Inc.; and the management of water assets and infrastructure projects. The Farming segment farms, produces, and sells wine grapes, almonds, pistachios, hay, and olives. The Ranch Operations segment includes grazing lease and game management, and land maintenance activities, as well as ancillary land uses comprising filming; and guided game hunts. Tejon Ranch Co. was founded in 1843 and is based in Lebec, California.

Key Executives

  • Matthew Walker
  • Robert D. Velasquez
  • Hugh F. McMahon
  • Michael R. W. Houston
  • Derek C. Abbott

Current Ownership Distribution

  • Institutions347.4M (74.56%)
  • Mutual Funds114.1M (24.49%)
  • Insiders4.4M (0.95%)
  • Other0 (0.00%)