TRC Q1 2023 Earnings — Tejon Ranch Co. Revenue & Financial Results | Market Cap Arena

TRCTejon Ranch Co.

$482M

Q1 2023 Earnings

Industrials Conglomerates

Income Statement

Revenue

$12M-41.7% YoY

Gross Profit

$3M22.6% margin

Operating Income

$486,0004.0% margin

Net Income

$2M14.5% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

-29.7%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

-$6M

Stock-Based Comp.

$621,000

Balance Sheet

Total Assets

$572M

Total Liabilities

$95M

Stockholders' Equity

$462M

Cash & Equivalents

$40M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$12M	$21M	-41.7%
Gross Profit	$3M	$8M	-63.6%
Operating Income	$486,000	$5M	-90.7%
Net Income	$2M	$4M	-58.8%

Revenue Segments

Mineral Resources

$7M50%

Commercial and Industrial

$4M30%

Ranch Operations

$1M11%

Farming and Agriculture

$1M9%