TRC Q2 2023 Earnings — Tejon Ranch Co. Revenue & Financial Results | Market Cap Arena

TRCTejon Ranch Co.

$482M

Q2 2023 Earnings

Industrials Conglomerates

Income Statement

Revenue

$6M-34.2% YoY

Gross Profit

$352,0005.8% margin

Operating Income

-$2M-30.7% margin

Net Income

$267,0004.4% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

-50.3%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$8M

Stock-Based Comp.

$884,000

Balance Sheet

Total Assets

$573M

Total Liabilities

$94M

Stockholders' Equity

$464M

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6M	$9M	-34.2%
Gross Profit	$352,000	-$133,000	+364.7%
Operating Income	-$2M	-$2M	+19.3%
Net Income	$267,000	-$667,000	+140.0%

Revenue Segments

Commercial and Industrial

$5M57%

Mineral Resources

$2M20%

Farming and Agriculture

$1M13%

Ranch Operations

$840,00010%