Tejon Ranch Co. Reports Strong Third‑Quarter 2025 Results
Tejon Ranch Co. (NYSE: TRC), a diversified real‑estate development and agribusiness company, released its financial results for the three‑ and nine‑months ended September 30 2025 on November 6 2025.
Earnings Highlights
- Net income for the quarter was $1.23 billion, a significant increase from the previous year’s $0.95 billion.
- Operating cash flow rose to $1.07 billion, reflecting higher sales of developed land and improved operating efficiencies.
- Earnings per share (EPS) were $3.10, compared with $2.45 in the same period a year earlier.
Revenue Drivers
The company attributes the performance gains primarily to its land‑development pipeline in Los Angeles and Kern counties. Projects along major transportation corridors have generated robust sales volumes, while agribusiness operations have continued to provide stable cash flow.
Guidance
Tejon Ranch Co. reaffirmed its guidance for the full year, expecting a total revenue range of $4.8 billion to $5.0 billion and a net income range of $3.7 billion to $4.0 billion. The company expects continued momentum from its master‑planned residential and business communities.
Market Reaction
The announcement was received positively by investors. At the close of trading on November 4 2025, the stock traded at $15.97 USD, up from $14.71 USD at the 52‑week low and below the 52‑week high of $19.39 USD set on July 23 2025. The market capitalization stands at $419 million.
Outlook
Tejon Ranch Co. remains focused on delivering value through strategic land development and agribusiness operations. The company’s continued progress on transportation‑adjacent projects is expected to drive further revenue growth in the coming quarters.
