← BackTEJON RANCH CO · Real EstateTRC
Low riskNext report: Around Nov 5 (est.)
The short versionA profitable company with growing sales.
Going well
- Sales up 72% in the latest quarter vs a year ago
- Profitable
- Sales up 18% last year
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 1.4% to their holdings in the quarter ending June 2026 (60 bought, 41 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$16.22-1.5% that day
- Company value
- $438M
- Share price times all shares
- Price vs profit (P/E)
- 70.5x
- You pay about $71 for each $1 of yearly profit
- Price vs sales
- 7.7x
- Company value is 7.7 times a year of sales
- Cash vs value
- 1%
- Cash as a share of company value
From TRC's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$14.3M+72% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $56.8M, up 25% from the 12 months before. Over 5 years, sales grew about 5.6% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.0.0%
- PassDebt under half of equityNot relying on borrowed money.No debt reported
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.0.2%
- MissProfitable every yearSteady profits, not one good year.8 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$6.1M
- MissShare count not growingNot diluting owners. Falling means buybacks.+1.1% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.29.2%
- Revenue
- $49.6M
- +18.4% vs prior year
- 5-year growth
- +5.6%/yr
- revenue, per year
- Total debt
- None
- 0.00x equity
- Current ratio
- 4.14x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $14.3M
- +71.7% YoY
- EPS
- $0.10
- vs -$0.06
- Op. margin
- 2.4%
- +51.2 pts
- Gross margin
- 47.7%
- +5.1 pts
- Free cash flow
- $1.3M
- Share count
- +0.7%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
46/ 100
- This week
- 1
- Normal week
- 1.1
- vs normal
- 0.9x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady+1.4%Institutions added 1.4% to their holdings. 60 bought, 41 sold. 2 quarters of net buying in a row.
Shares held by institutions21.2M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+0.4%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
No debt reportedShares outstandingLatest reported
27MNext reportAround Nov 5 (est.)Estimated from the same quarter last year
- Results filedAug 6
- Results filedMay 7
- Results filedMar 19
- Results filedNov 6, 2025
- Results filedMar 13, 2017
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
Stock awardDaniel R TischDirector, 10% owner
2,023 shares at $16.22 · $33K
- +2% of holdings
- Now owns 91,784 shares
- Filed 1 day after trade
- Joint filing with 1 other
Stock awardAndrew DakosDirector
1,021 shares at $16.22 · $17K
- +3% of holdings
- Now owns 37,388 shares
- Filed same day
Stock awardSteven A. BettsDirector
1,483 shares at $16.22 · $24K
- +3% of holdings
- Now owns 53,501 shares
- Filed same day
Stock awardAnthony L. LeggioDirector
1,252 shares at $16.22 · $20K
- +2% of holdings
- Now owns 59,770 shares
- Filed same day
Stock awardDenise A GammonDirector
1,021 shares at $16.22 · $17K
- +16% of holdings
- Now owns 7,498 shares
- Filed same day
Stock awardEric H. SperonDirector
1,791 shares at $16.22 · $29K
- +23% of holdings
- Now owns 9,601 shares
- Filed same day