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Companies / Real Estate / TEJON RANCH CO
TRC

TEJON RANCH CO

Real EstateReal Estate
Ticker TRCLEBEC, CAFiscal year ends DecemberBook value per share $17.65Diluted shares 27.1M

Tejon Ranch Co. (NYSE: TRC) operates as a diversified real estate development company anchored by the Tejon Ranch Commerce Center, a 20 million square foot commercial and industrial development strategically positioned along Interstate 5 at the gateway between the Los Angeles Basin and California's Central Valley. The… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$49.59M
+18.4% year over year
Last 12 mo $56.84M
-16.04%
+5.9 percentage points
Last 12 mo -0.91%
$0.07M
−97.4% year over year
Last 12 mo $6.03M
0.02%
−0.6 percentage points
Last 12 mo 1.26%
Cash & financing
$6.13M
−57.2% year over year
Last 12 mo $12.47M
$-57.08M
−33.0% year over year
Last 12 mo $-26.03M
0.20
Was 0.14× a year earlier
Last 12 mo 0.20
—
Last 12 mo 27.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What TEJON RANCH CO does

In the company’s own words

Tejon Ranch Co. (NYSE: TRC) operates as a diversified real estate development company anchored by the Tejon Ranch Commerce Center, a 20 million square foot commercial and industrial development strategically positioned along Interstate 5 at the gateway between the Los Angeles Basin and California's Central Valley. The company's website is www.tejonranch.com.

The company's primary revenue engine is its Commercial/Industrial Real Estate segment, which generated $15.0 million in consolidated revenue during the fiscal year ended December 31, 2025. This segment encompasses the full cycle of real estate value creation including land planning, permitting, infrastructure construction, and building development. As of year-end 2025, the company's industrial portfolio was 100 percent leased and its commercial portfolio was 98 percent leased to nationally recognized tenants including IKEA, L'Oréal, Dollar General, Caterpillar, and Nestlé. The company operates through six reportable segments: Real Estate Commercial/Industrial, Multifamily, Real Estate Resort/Residential, Mineral Resources, Farming, and Ranch Operations.

Beyond its core commercial operations, Tejon Ranch operates across approximately 270,000 acres of contiguous landholdings in California. The Multifamily segment represents the company's expansion into residential rental communities, with Terra Vista at Tejon representing the first newly constructed apartment community within the commerce center, consisting of 228 units in its initial phase. The Mineral Resources segment generates recurring royalty income from third-party oil and gas extraction, rock and aggregate mining, and cement operations. The Farming segment operates permanent crops including wine grapes, almonds, and pistachios across the San Joaquin Valley floor, while the Ranch Operations segment manages grazing leases, game management, and land maintenance activities.

The company holds long-term real estate entitlements for three large-scale master-planned residential communities: Mountain Village, Grapevine, and Centennial, collectively comprising over 35,000 housing units and approximately 35 million square feet of future commercial development. The company's strategic focus centers on maximizing long-term shareholder value through development, leasing, and monetization of its land-based assets while maintaining environmental stewardship across its substantial California holdings.

Company details
Sector
Real Estate
Industry
Real Estate
Headquarters
LEBEC, CA
Fiscal year end
December
CIK
96869
SIC
6500

Financial performance, year by year

Fiscal 2013–2025 · USD
$-9.66M$14.58M$38.82M$63.06M$87.30M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns TEJON RANCH CO — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

150
funds hold it
0 of 35
superinvestors hold it
$157.02M
held by funds, at market
30.6%
of shares held by funds

Largest fund holders · TEJON RANCH CO’s weight in each

VANGUARD REAL ESTATE INDEX FUND
VNQ · VANGUARD SPECIALIZED FUNDS
0.02%of fund net assets
0.86%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.23%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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