TRCTEJON RANCH CO
Real Estate
- Revenue
- $50M
- 18% YoY
- Operating margin
- -16.0%
- 27% YoY
- EBITDA
- −$2M
- 55% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $44M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear82× net incomeCash flow under 80% of net income
- Dilutive SBCClear3% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | — | $79M | $45M | $42M | $50M | 18% |
| Operating income | −$260K | $14M | −$4M | −$9M | −$8M | 14% |
| Net income | $5M | $16M | $3M | $3M | $75K | 97% |
| Operating cash flow | $3M | $9M | $14M | $14M | $6M | 57% |
| Capex | $21M | $23M | $21M | $57M | — | |
| Stock-based comp | $4M | $3M | $3M | $4M | $2M | 59% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.