Earnings summaries and quarterly performance for TEJON RANCH.
Research analysts covering TEJON RANCH.
Recent press releases and 8-K filings for TRC.
Tejon Ranch Co. Hosts Investor Engagement Event, Details Financial Performance and Hard Rock Casino Opening
TRC
New Projects/Investments
Revenue Acceleration/Inflection
Management Change
- Tejon Ranch Co. is hosting an Investor Engagement Event on November 14, 2025, at the New York Stock Exchange to discuss its strategic vision.
- The company has achieved $3.5 million in annual savings by streamlining operations and reported 7% revenue growth and 8% Adjusted EBITDA growth year-to-date.
- The $600 million Hard Rock Tejon Casino opened on November 13, 2025, adjacent to TRC's properties, projected to attract 2 million visitors annually and employ over 1,000 people.
- TRC maintains a strong financial position with $89.1 million in liquidity and an average Debt to total Capitalization of 11.3% over the last five years.
- A new CEO joined Tejon Ranch Co. in March 2025.
Nov 14, 2025, 1:30 PM
Tejon Ranch Co. Outlines Strategic Priorities, Capital Allocation, and Cost Savings
TRC
New Projects/Investments
Layoffs
Board Change
- Tejon Ranch Co. reported that its Tejon Ranch Commerce Center (TRCC) generated $110 million of cash flow from 2004 through 2024, with 11 million square feet of remaining entitled density, and will be the focus of future capital investment.
- The company's three master planned communities (MPCs) represent 35,000 potential homes, and the strategy is to fund these capital-intensive projects through joint ventures to avoid dilution.
- New internal hurdle rates for capital allocation have been reaffirmed, including a 12% unleveraged Internal Rate of Return (IRR) and an 18% leveraged IRR.
- In September 2025, a workforce reduction impacting approximately 20% of the team resulted in over $2 million in annual payroll savings, with an additional $1.5 million in recurring overhead savings targeted for next year.
- The company plans to enhance financial reporting with supplemental information, including Adjusted EBITDA by segment, and will propose a 25% threshold for special meeting rights to shareholders in 2026.
Nov 13, 2025, 10:21 PM
Tejon Ranch CEO Issues Letter Ahead of Investor Engagement Event
TRC
New Projects/Investments
Guidance Update
Management Change
- Tejon Ranch Co.'s CEO, Matthew Walker, eight months into his tenure, is focusing on capital allocation to address shareholder concerns, improve share price, and drive the company toward success.
- The company's strategy is built on four pillars: Income, Growth, Governance, and Culture, aiming to improve earnings over the coming quarters.
- Capital allocation will prioritize Tejon Ranch Commerce Center (TRCC), which generated $110 million of cash flow from 2004 through 2024 and has 11 million square feet of remaining entitled density. Long-term projects like master planned communities will utilize joint ventures to avoid shareholder dilution.
- The company is targeting $1.5 million in recurring overhead savings next year by evaluating legal, audit, and insurance costs.
Nov 13, 2025, 10:00 PM
TRC Reports Q3 2025 Net Income and Revenue Growth, Announces Workforce Reduction
TRC
Earnings
Layoffs
New Projects/Investments
- Tejon Ranch Company reported a net income of $1.7 million, or $0.06 per basic and diluted share, for Q3 2025, a significant improvement from a net loss in the prior year period, with total revenues increasing 10% to $12 million and consolidated operating income up 37%.
- The company implemented a 20% workforce reduction projected to save over $2 million annually. Operationally, the Tejon Ranch Commerce Center (TRCC) industrial portfolio is 100% leased, commercial is 95% leased, and Outlets at Tejon is at 90% occupancy. Farming revenues also improved by over 50% year-over-year.
- The new $600 million Hard Rock Tejon Casino is expected to drive traffic to TRCC , and the Terra Vista multifamily community has 228 units completed and is more than halfway leased. The company ended the quarter with $21 million in cash and marketable securities and a 16% debt-to-total capitalization ratio.
Nov 6, 2025, 10:00 PM
Tejon Ranch Co. Announces Third Quarter 2025 Financial Results
TRC
Earnings
Layoffs
New Projects/Investments
- Tejon Ranch Co. reported GAAP net income of $1.7 million, or $0.06 per share, for the third quarter of 2025, a significant improvement from a net loss of $1.8 million, or $0.07 per share, in the same period last year.
- Revenues and other income for the first nine months of 2025 increased to $35.4 million from $33.2 million in the prior year, driven by a 53% increase in farming segment revenues and a 29% increase in real estate commercial/industrial segment revenues.
- The company implemented a 20% workforce reduction in October 2025, which is expected to generate $2.0 million in estimated annual savings across all segments.
- As of September 30, 2025, the TRCC industrial portfolio, comprising 2.8 million square feet of gross leasable area, was 100% leased, and the company maintained $89.1 million in total liquidity, including $21.0 million in cash and securities.
Nov 6, 2025, 1:31 PM
Tejon Ranch Co. Announces Improved Q3 2025 Financial Results and Workforce Reduction
TRC
Earnings
Layoffs
Revenue Acceleration/Inflection
- Tejon Ranch Co. reported GAAP net income attributable to common stockholders of $1.7 million, or $0.06 per share, for the third quarter of 2025, a significant improvement from a net loss of $1.8 million, or $(0.07) per share, in the third quarter of 2024.
- Revenues and other income for the third quarter of 2025 were $14.7 million, with the farming segment experiencing a 34% increase in revenues to $4.3 million compared to the same period in 2024.
- In October 2025, the company reduced its workforce by approximately 20%, which is estimated to result in annual savings of $2.0 million across all segments.
- As of September 30, 2025, the TRCC industrial portfolio was 100% leased, and 55% of the 180 delivered units at the Terra Vista at Tejon residential community were leased.
Nov 6, 2025, 11:15 AM
Quarterly earnings call transcripts for TEJON RANCH.
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