Tejon Ranch Co (NYSE: TRC) — Company Overview, News & Financial Data
Tejon Ranch Co is a diversified real estate company involved in land management and sustainable development in California.
Tejon Ranch Co
Tejon Ranch Co (NYSE:TRC), one of America's largest diversified real estate companies, spans across commercial and industrial complex development, resort/residential real estate projects, and natural resource management. This entity owns over 270,000 acres of land in California, positioning it for substantial strategic development and conservation efforts. Engaging in a broad array of activities, its objectives include innovative land management, sustainable development practices, and creating high-value real estate projects that align with community needs and environmental stewardship. With a forward-thinking approach, Tejon Ranch Co aims to maximize its land's value while ensuring conservation principles guide its development projects, showcasing a commitment to balancing growth with ecological responsibility.
Snapshot
Operations
Products and/or services of Tejon Ranch Co
- Real estate development, focusing on residential, commercial, and industrial projects to leverage the vast land portfolio.
- Conservation efforts, emphasizing the preservation of natural resources and biodiversity across extensive acreage.
- Agriculture, producing almonds, pistachios, wine grapes, and cattle, contributing to sustainable land use and food supply.
- Commercial retail operations, including the Outlets at Tejon, offering shopping experiences and boosting local economy.
- Renewable energy projects, exploring solar and wind energy production to promote sustainability and reduce carbon footprint.
- Water resource management, ensuring the sustainable use and allocation of water resources for agriculture, development, and conservation efforts.
Tejon Ranch Co executive team
- Matthew WalkerPresident & CEO
- Robert D. VelasquezCFO, Treasurer, Senior VP of Finance & Chief Accounting Officer
- Michael R. W. HoustonSenior VP, General Counsel & Secretary
- Hugh F. McMahon IVExecutive Vice President of Real Estate
- Nicholas OrtizSenior Vice President of Corporate Communications & Public Affairs
- Derek C. AbbottSenior Vice President of Real Estate
- Nathan KeithSenior Vice President of Real Estate
Latest news about Tejon Ranch Co
Key financials
Reported results for Tejon Ranch Co, in USD.
- Market cap
- 442.6M
- Revenue (TTM)
- 56.8M
- P/E ratio
- 74.5
- EPS (diluted, TTM)
- 0.2
- Dividend yield
- —
- Profit margin
- 10.6%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 49.6M | -8M | 75K | |
| 41.9M | -9.2M | 2.7M | |
| 44.7M | -3.7M | 3.3M | |
| 79.2M | 13.7M | 15.8M |