Tejon Ranch Co (N:TRC)

Sector:  N/A Industry:  N/A
 
See Regulatory Filings on SEC
Company Contact
Address: 4436 Lebec Rd
PO Box 1000
LEBEC CA 93243-1000
Tel: 1-661-6634220
Website: https://tejonranch.com
IR: See website
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Key People
Gregory S. Bielli
President, Chief Executive Officer, Director
Brett A. Brown
Chief Financial Officer, Executive Vice President
Allen E. Lyda
Chief Operating Officer, Executive Vice President
Hugh F. McMahon
Executive Vice President - Real Estate
Robert D. Velasquez
Senior Vice President - Finance, Chief Accounting Officer
Michael R.W. Houston
Senior Vice President, General Counsel, Corporate Secretary
Business Overview
Tejon Ranch Co. is a diversified real estate development and agribusiness company. The Company's segments include real estate commercial/industrial, which is engaged in planning and permitting of land held for development, construction of infrastructure, the construction of pre-leased buildings, the construction of buildings to be leased or sold, and the sale of land to third parties for their own development; resort/residential real estate development segment activities, which include land entitlement, land planning and pre-construction engineering and conservation activities; mineral resources segment includes oil and gas royalties, rock and aggregate royalties, royalties from a cement operation leased, and the management of water assets and water infrastructure; farming operations segment farm permanent crops, including the wine grapes, almonds and pistachios, and ranch operations segment consists of game management and ancillary land uses, such as grazing leases and filming.
Financial Overview
For the fiscal year ended 31 December 2023, Tejon Ranch Co revenues decreased 44% to $44.7M. Net income decreased 79% to $3.3M. Revenues reflect Real Estate - Comemrcial/Industrial segment decrease of 71% to $11.8M, Mineral Resource segment decrease of 33% to $14.5M. Net income also reflects Real Estate - Comemrcial/Industrial segment income decrease of 85% to $3.7M, Mineral Resource segment income decrease of 32% to $5.8M.
Employees: 87 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $440.92M as of Dec 31, 2023
Annual revenue (TTM): $44.74M as of Dec 31, 2023
EBITDA (TTM): $1.11M as of Dec 31, 2023
Net annual income (TTM): $3.27M as of Dec 31, 2023
Free cash flow (TTM): -$13.71M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 26,797,946 as of Mar 18, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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