Name | Value |
---|---|
Revenues | 31.5M |
Cost of Revenue | 18.9M |
Gross Profit | 12.6M |
Operating Expense | 1.6M |
Operating I/L | 11.0M |
Other Income/Expense | 2.4M |
Interest Income | 0.0M |
Pretax | 13.4M |
Income Tax Expense | 3.2M |
Net Income/Loss | 10.2M |
Tejon Ranch Co. operates as a diversified real estate development and agribusiness company, generating revenue through five segments: Commercial/Industrial Real Estate Development, Resort/Residential Real Estate Development, Mineral Resources, Farming, and Ranch Operations. The company engages in land planning, infrastructure construction, and leasing/selling of developed properties. It also manages mineral resources, including oil and gas royalties, rock and aggregate royalties, and water assets. Additionally, Tejon Ranch Co. farms permanent crops such as wine grapes, almonds, and pistachios, as well as leases land for vegetable cultivation. The Ranch Operations segment provides game management, grazing leases, and guided hunts, contributing to the company's diverse revenue streams.