# Tejon Ranch Co: overview

TRC · NYSE · CIK 96869 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/trc.md) · [Financials](/companies/trc/financials.md) · [Filings](/companies/trc/filings.md) · [Insiders](/companies/trc/insiders.md)

Latest reported revenue: [$14.3m](/filings/0001628280-26-054146.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001628280-26-054146).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [10.9](/filings/0001628280-25-050104.md) | [17.9 d](/filings/0001628280-26-019685.md) | [8.2](/filings/0001628280-26-033234.md) | [8.3](/filings/0001628280-26-054146.md) | [12.0](/filings/0001628280-25-050104.md) | [21.1 d](/filings/0001628280-26-019685.md) | [9.5](/filings/0001628280-26-033234.md) | [14.3](/filings/0001628280-26-054146.md) |
| Gross margin | % | [22.9%](/filings/0001628280-25-050104.md) | [42.9% d](/filings/0001628280-26-019685.md) | [15.0%](/filings/0001628280-26-033234.md) | [42.6%](/filings/0001628280-26-054146.md) | [28.4%](/filings/0001628280-25-050104.md) | [30.6% d](/filings/0001628280-26-019685.md) | [21.5%](/filings/0001628280-26-033234.md) | [47.7%](/filings/0001628280-26-054146.md) |
| Operating margin | % | [(34.9%)](/filings/0001628280-25-050104.md) | [11.9% d](/filings/0001628280-26-019685.md) | [(50.7%)](/filings/0001628280-26-033234.md) | [(48.8%)](/filings/0001628280-26-054146.md) | [(16.9%)](/filings/0001628280-25-050104.md) | [10.9% d](/filings/0001628280-26-019685.md) | [(11.9%)](/filings/0001628280-26-033234.md) | [2.4%](/filings/0001628280-26-054146.md) |
| Net margin | % | [(16.9%)](/filings/0001628280-25-050104.md) | [25.0% d](/filings/0001628280-26-019685.md) | [(17.8%)](/filings/0001628280-26-033234.md) | [(20.6%)](/filings/0001628280-26-054146.md) | [14.0%](/filings/0001628280-25-050104.md) | [7.5% d](/filings/0001628280-26-019685.md) | [1.6%](/filings/0001628280-26-033234.md) | [18.5%](/filings/0001628280-26-054146.md) |
| Diluted EPS | $ per share | [(0.07)](/filings/0001628280-25-050104.md) | not reported | [(0.05)](/filings/0001628280-26-033234.md) | [(0.06)](/filings/0001628280-26-054146.md) | [0.06](/filings/0001628280-25-050104.md) | not reported | [0.01](/filings/0001628280-26-033234.md) | [0.10](/filings/0001628280-26-054146.md) |
| Free cash flow | $m | [(16.8) d](/filings/0001628280-25-050104.md) | [(3.0) d](/filings/0001628280-26-019685.md) | [(18.9)](/filings/0001628280-26-033234.md) | [(20.0) d](/filings/0001628280-26-054146.md) | [(14.6) d](/filings/0001628280-25-050104.md) | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | not reported | [79.2](/filings/0000096869-25-000006.md) | [44.7](/filings/0001628280-26-019685.md) | [41.9](/filings/0001628280-26-019685.md) | [49.6](/filings/0001628280-26-019685.md) |
| Gross margin | % | not reported | [39.4%](/filings/0000096869-25-000006.md) | [29.1%](/filings/0001628280-26-019685.md) | [30.5%](/filings/0001628280-26-019685.md) | [29.2%](/filings/0001628280-26-019685.md) |
| Operating margin | % | not reported | [17.3%](/filings/0000096869-25-000006.md) | [(8.3%)](/filings/0001628280-26-019685.md) | [(22.0%)](/filings/0001628280-26-019685.md) | [(16.0%)](/filings/0001628280-26-019685.md) |
| Net margin | % | not reported | [20.0%](/filings/0000096869-25-000006.md) | [7.3%](/filings/0001628280-26-019685.md) | [6.4%](/filings/0001628280-26-019685.md) | [0.2%](/filings/0001628280-26-019685.md) |
| Diluted EPS | $ per share | [0.20](/filings/0000096869-24-000005.md) | [0.59](/filings/0000096869-25-000006.md) | [0.12](/filings/0001628280-26-019685.md) | [0.10](/filings/0001628280-26-019685.md) | [0.00](/filings/0001628280-26-019685.md) |
| Free cash flow | $m | [(18.1)](/filings/0000096869-24-000005.md) | [(14.1)](/filings/0000096869-25-000006.md) | [(7.7)](/filings/0001628280-26-019685.md) | [(42.9)](/filings/0001628280-26-019685.md) | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/trc/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [TOWERVIEW LLC](/funds/1166573.md) | 2026-06-30 | $71.9m | 3,845,500 |  | Unchanged |
| [HORIZON KINETICS ASSET MANAGEMENT LLC](/funds/1056823.md) | 2026-06-30 | $37.6m | 2,011,689 |  | Added +109,083 |
| [Nitor Capital Management LLC](/funds/2019017.md) | 2026-06-30 | $33.6m | 1,798,905 |  | Added +117,341 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $30.4m | 1,624,752 |  | Added +68,197 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $25.6m | 1,368,551 |  | Reduced −89,883 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $19.9m | 1,062,986 |  | Added +42,813 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $18.4m | 986,230 |  | Added +3,513 |
| [Bulldog Investors, LLP](/funds/1504304.md) | 2026-06-30 | $14.8m | 793,449 |  | Added +914 |
| [GAMCO INVESTORS, INC. ET AL](/funds/807249.md) | 2026-06-30 | $13.3m | 710,339 |  | Reduced −27,600 |
| [LEE DANNER & BASS INC](/funds/939219.md) | 2026-06-30 | $12.6m | 675,425 |  | Reduced −20,000 |

## Recent filings

[All 1,296 filings](/companies/trc/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-29 | 16:15 ET | [8-K](/filings/0001193125-26-437815.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-437815 |
| 2026-08-06 | 14:07 ET | [10-Q](/filings/0001628280-26-054146.md) | Quarterly report, period 2026-06-30 | 0001628280-26-054146 |
| 2026-08-06 | 08:00 ET | [8-K](/filings/0001193125-26-336791.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-336791 |
| 2026-07-30 | 16:15 ET | [8-K](/filings/0001193125-26-326151.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-326151 |
| 2026-05-15 | 21:12 ET | [8-K](/filings/0001193125-26-224752.md) | 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001193125-26-224752 |
| 2026-05-11 | 12:17 ET | [10-Q](/filings/0001628280-26-033234.md) | Quarterly report, period 2026-03-31 | 0001628280-26-033234 |
| 2026-05-07 | 09:05 ET | [8-K](/filings/0001193125-26-210595.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001193125-26-210595 |
| 2026-04-30 | 16:31 ET | [8-K](/filings/0001193125-26-197495.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-197495 |
| 2026-04-03 | 11:40 ET | [DEF 14A](/filings/0001628280-26-023519.md) | Proxy statement, period 2026-05-13 | 0001628280-26-023519 |
| 2026-03-19 | 12:00 ET | [10-K](/filings/0001628280-26-019685.md) | Annual report, period 2025-12-31 | 0001628280-26-019685 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-019685.md), filed Mar 19, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/154d33e0-6657-4384-9f9b-410eb53d38e6)

## About the filer

- CIK: 96869
- Tickers: TRC
- Exchange: NYSE
- SIC code: 6500 Real Estate
- State of incorporation: DE
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 16:18 ET. No prices; not investment advice.
