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 |
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 |