NASDAQ : FARM
Farmer Bros. Co. — Financial statements
Consumer Staples · Packaged Foods · United States
Last price 1.28 USD (At close: May 4, 2026) · Market cap 28.08M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Farmer Bros. Co. (FARM) reported revenue of 337.72M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 337.72M | 342.28M | 341.09M | 339.96M | 314.78M | 261.91M |
| Cost of Revenue | 200.26M | 193.37M | 207.20M | 225.35M | 180.97M | 166.13M |
| Gross Profit | 137.46M | 148.91M | 133.89M | 114.61M | 133.81M | 95.78M |
| Selling, General & Admin | 143.23M | 147.97M | 154.22M | 144.38M | 139.10M | 114.59M |
| Operating Expenses | 143.23M | 147.97M | 154.22M | 144.38M | 139.10M | 114.59M |
| Operating Income | -5.77M | 942.00K | -20.32M | -29.77M | -5.29M | -18.81M |
| Interest Expense | -2.51M | -2.57M | -2.99M | -4.50M | -4.01M | -6.17M |
| Other Non Operating Income (Expenses) | -483.00K | -1.70M | 2.58M | -7.15M | 4.54M | 2.99M |
| EBT Excluding Unusual Items | -8.76M | -3.33M | -20.74M | -41.42M | -4.75M | -21.99M |
| Gain (Loss) on Sale of Assets | -2.06M | -3.35M | 16.88M | 5.14M | 2.90M | 593.00K |
| Asset Writedown | -1.24M | |||||
| Other Unusual Items | -7.73M | -7.73M | 1.92M | 6.36M | ||
| Pretax Income | -18.55M | -14.40M | -3.86M | -34.36M | -1.85M | -16.29M |
| Income Tax Expense | 64.00K | 116.00K | 14.00K | -325.00K | 124.00K | 13.93M |
| Earnings From Continuing Operations | -18.61M | -14.52M | -3.88M | -34.04M | -1.97M | -30.21M |
| Earnings From Discontinued Operations | -45.14M | -13.69M | -11.44M | |||
| Net Income | -18.61M | -14.52M | -3.88M | -79.18M | -15.66M | -41.65M |
| Preferred Dividends & Other Adjustments | 594.00K | 574.00K | ||||
| Net Income to Common | -18.61M | -14.52M | -3.88M | -79.18M | -16.25M | -42.23M |
| Shares Outstanding (Basic) | 21.57M | 21.39M | 20.87M | 19.62M | 18.20M | 17.64M |
| Shares Outstanding (Diluted) | 21.57M | 21.39M | 20.87M | 19.62M | 18.20M | 17.64M |
| EPS (Basic) | -0.86 | -0.68 | -0.19 | -4.04 | -0.89 | -2.39 |
| EPS (Diluted) | -0.86 | -0.68 | -0.19 | -4.04 | -0.89 | -2.39 |
| Free Cash Flow | -2.73M | 6.51M | -27.99M | -21.90M | -26.62M | -16.60M |
| Free Cash Flow Per Share | -0.13 | 0.30 | -1.34 | -1.12 | -1.46 | -0.94 |
| Gross Margin | 40.70% | 43.51% | 39.25% | 33.71% | 42.51% | 36.57% |
| Operating Margin | -1.71% | 0.27% | -5.96% | -8.76% | -1.68% | -7.18% |
| Profit Margin | -5.51% | -4.24% | -1.14% | -23.29% | -5.16% | -16.12% |
| Free Cash Flow Margin | -0.81% | 1.90% | -8.21% | -6.44% | -8.46% | -6.34% |
| EBITDA | 5.07M | 12.39M | -8.73M | -7.60M | 18.52M | 8.81M |
| EBITDA Margin | 1.50% | 3.62% | -2.56% | -2.24% | 5.88% | 3.36% |
| D&A For EBITDA | 10.84M | 11.45M | 11.59M | 22.17M | 23.81M | 27.62M |
| EBIT | -5.77M | 942.00K | -20.32M | -29.77M | -5.29M | -18.81M |
| EBIT Margin | -1.71% | 0.27% | -5.96% | -8.76% | -1.68% | -7.18% |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 4.19M | 6.80M | 5.83M | 5.24M | 9.82M | 10.26M |
| Trading Asset Securities | 323.00K | |||||
| Cash & Short-Term Investments | 4.19M | 6.80M | 5.83M | 5.24M | 10.14M | 10.26M |
| Accounts Receivable | 24.66M | 23.68M | 33.73M | 42.50M | 44.02M | 36.88M |
| Other Receivables | 866.00K | 1.08M | 1.42M | 2.63M | 2.91M | 3.44M |
| Receivables | 25.53M | 24.76M | 35.15M | 45.13M | 46.94M | 40.32M |
| Inventory | 49.40M | 49.84M | 57.23M | 49.28M | 57.57M | 76.79M |
| Prepaid Expenses | 4.35M | 3.98M | 4.24M | 5.33M | 4.49M | 5.59M |
| Restricted Cash | 178.00K | 178.00K | 175.00K | 175.00K | 175.00K | 175.00K |
| Other Current Assets | 363.00K | 7.84M | 45.78M | 5.94M | ||
| Total Current Assets | 83.64M | 85.55M | 102.98M | 113.00M | 165.09M | 139.09M |
| Property, Plant & Equipment | 59.58M | 66.19M | 69.24M | 58.38M | 70.16M | 176.34M |
| Long-Term Investments | 166.00K | |||||
| Other Intangible Assets | 7.93M | 9.03M | 11.23M | 13.49M | 15.86M | 18.25M |
| Other Long-Term Assets | 301.00K | 461.00K | 1.76M | 2.92M | 98.79M | 4.32M |
| Total Assets | 151.45M | 161.23M | 185.21M | 187.78M | 350.07M | 338.01M |
| Accounts Payable | 38.70M | 37.67M | 48.48M | 60.09M | 52.88M | 45.70M |
| Accrued Expenses | 9.14M | 13.39M | 11.26M | 11.07M | 15.71M | 15.35M |
| Current Portion of Long-Term Debt | 3.80M | 2.48M | ||||
| Current Portion of Leases | 15.26M | 16.87M | 14.24M | 8.23M | 7.91M | 6.26M |
| Other Current Liabilities | 2.84M | 3.10M | 3.05M | 5.97M | 7.30M | 6.45M |
| Total Current Liabilities | 65.95M | 71.03M | 77.03M | 85.36M | 87.60M | 76.24M |
| Long-Term Debt | 21.30M | 14.30M | 23.30M | 23.02M | 103.12M | 89.48M |
| Long-Term Leases | 19.26M | 22.20M | 21.87M | 17.43M | 21.17M | 20.61M |
| Pension & Post-Retirement Benefits | 6.51M | 7.32M | 13.08M | 20.52M | 29.33M | 40.19M |
| Long-Term Deferred Tax Liabilities | 735.00K | 1.16M | ||||
| Other Long-Term Liabilities | 2.77M | 2.84M | 4.39M | 3.33M | 3.36M | 5.37M |
| Total Liabilities | 115.79M | 117.68M | 139.66M | 149.67M | 245.32M | 233.05M |
| Common Stock | 21.72M | 21.56M | 21.27M | 20.14M | 18.47M | 17.85M |
| Additional Paid-In Capital | 82.51M | 81.67M | 79.96M | 77.28M | 72.00M | 66.11M |
| Retained Earnings | -53.76M | -44.87M | -30.35M | -26.48M | 52.70M | 66.31M |
| Comprehensive Income & Other | -14.81M | -14.81M | -25.32M | -32.83M | -38.43M | -45.33M |
| Total Common Equity | 35.66M | 43.55M | 45.55M | 38.11M | 104.73M | 104.94M |
| Shareholders' Equity | 35.66M | 43.55M | 45.55M | 38.11M | 104.75M | 104.96M |
| Total Liabilities & Equity | 151.45M | 161.23M | 185.21M | 187.78M | 350.07M | 338.01M |
| Total Debt | 55.82M | 53.36M | 59.41M | 48.68M | 136.01M | 118.84M |
| Net Cash (Debt) | -51.63M | -46.57M | -53.58M | -43.44M | -125.87M | -108.57M |
| Net Cash Per Share | -2.39 | -2.18 | -2.57 | -2.21 | -6.92 | -6.16 |
| Filing Date Shares Outstanding | 21.73M | 21.59M | 21.25M | 20.36M | 18.83M | 17.99M |
| Total Common Shares Outstanding | 21.72M | 21.56M | 21.26M | 20.14M | 18.46M | 17.85M |
| Working Capital | 17.69M | 14.52M | 25.95M | 27.63M | 77.49M | 62.85M |
| Book Value Per Share | 1.64 | 2.02 | 2.14 | 1.89 | 5.67 | 5.88 |
| Tangible Book Value | 27.73M | 34.52M | 34.32M | 24.62M | 88.87M | 86.69M |
| Tangible Book Value Per Share | 1.28 | 1.60 | 1.61 | 1.22 | 4.81 | 4.86 |
| Land | 918.00K | 918.00K | 918.00K | 918.00K | 4.36M | 11.96M |
| Buildings | 20.43M | 20.29M | 20.44M | 20.15M | 36.26M | 94.85M |
| Machinery | 84.39M | 92.16M | 117.24M | 152.70M | 151.16M | 237.41M |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -18.61M | -14.52M | -3.88M | -79.18M | -15.66M | -41.65M |
| Depreciation & Amortization | 10.84M | 11.45M | 11.59M | 22.17M | 23.81M | 27.62M |
| Loss (Gain) From Sale of Assets | 1.26M | 2.55M | -18.09M | 22.27M | -2.90M | -593.00K |
| Asset Writedown & Restructuring Costs | 1.24M | |||||
| Stock-Based Compensation | 1.96M | 2.00M | 3.81M | 8.31M | 6.50M | 4.58M |
| Provision & Write-off of Bad Debts | 498.00K | 356.00K | 748.00K | 743.00K | -353.00K | -877.00K |
| Other Operating Activities | 8.04M | 11.22M | 113.00K | 4.85M | -22.05M | -10.92M |
| Change in Accounts Receivable | 10.38M | 10.83M | 10.45M | -939.00K | -6.26M | 1.44M |
| Change in Inventory | 3.38M | 7.39M | -7.95M | 19.79M | -22.83M | -9.38M |
| Change in Accounts Payable | -5.90M | -10.72M | -11.78M | 7.09M | 7.11M | 7.79M |
| Change in Other Net Operating Assets | -6.59M | -4.46M | 847.00K | -11.98M | 21.18M | 19.27M |
| Operating Cash Flow | 5.26M | 16.10M | -14.15M | -6.88M | -11.45M | -1.49M |
| Capital Expenditures | -7.99M | -9.59M | -13.84M | -15.02M | -15.16M | -15.12M |
| Sale of Property, Plant & Equipment | 4.37M | 4.49M | 29.78M | 11.23M | 9.12M | 4.42M |
| Divestitures | -800.00K | -800.00K | -1.21M | 92.23M | ||
| Investing Cash Flow | -4.42M | -5.90M | 14.72M | 88.44M | -6.04M | -10.70M |
| Long-Term Debt Issued | 8.00M | 6.28M | 54.00M | 23.50M | 128.24M | |
| Total Debt Issued | 8.00M | 8.00M | 6.28M | 54.00M | 23.50M | 128.24M |
| Long-Term Debt Repaid | -17.19M | -6.19M | -139.77M | -6.09M | -159.35M | |
| Total Debt Repaid | -10.20M | -17.19M | -6.19M | -139.77M | -6.09M | -159.35M |
| Net Debt Issued (Repaid) | -2.19M | -9.19M | 86.00K | -85.77M | 17.41M | -31.11M |
| Other Financing Activities | -16.00K | -33.00K | -76.00K | -368.00K | -352.00K | -6.29M |
| Financing Cash Flow | -2.21M | -9.23M | 10.00K | -86.14M | 17.05M | -37.39M |
| Net Cash Flow | -1.37M | 969.00K | 586.00K | -4.58M | -444.00K | -49.58M |
| Free Cash Flow | -2.73M | 6.51M | -27.99M | -21.90M | -26.62M | -16.60M |
| Free Cash Flow Margin | -0.81% | 1.90% | -8.21% | -6.44% | -8.46% | -6.34% |
| Free Cash Flow Per Share | -0.13 | 0.30 | -1.34 | -1.12 | -1.46 | -0.94 |
| Levered Free Cash Flow | 5.39M | 14.41M | -16.76M | 42.49M | -8.40M | -362.75K |
| Unlevered Free Cash Flow | 6.96M | 16.02M | -14.89M | 45.30M | -5.89M | 3.49M |
| Cash Interest Paid | 2.36M | 2.36M | 2.80M | 11.76M | 7.50M | 5.70M |
| Cash Income Tax Paid | 152.00K | 152.00K | 164.00K | 177.00K | 142.00K | 355.00K |
| Change in Working Capital | 1.27M | 3.04M | -8.44M | 13.95M | -801.00K | 19.11M |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 28.08M | 29.53M | 56.99M | 55.67M | 86.52M | 226.17M |
| Enterprise Value | 79.72M | 88.62M | 106.54M | 186.32M | 205.02M | 335.31M |
| Last Close Price | 1.28 | 1.37 | 2.68 | 2.77 | 4.69 | 12.69 |
| PS Ratio | 0.08 | 0.09 | 0.17 | 0.16 | 0.28 | 0.86 |
| PB Ratio | 0.78 | 0.68 | 1.25 | 1.46 | 0.83 | 2.15 |
| P/TBV Ratio | 1.01 | 0.86 | 1.66 | 2.26 | 0.97 | 2.61 |
| P/FCF Ratio | 4.54 | |||||
| P/OCF Ratio | 5.34 | 1.83 | ||||
| EV/Sales Ratio | 0.24 | 0.26 | 0.31 | 0.55 | 0.65 | 1.28 |
| EV/EBITDA Ratio | 15.73 | 7.15 | 11.07 | 38.04 | ||
| EV/EBIT Ratio | 94.08 | |||||
| EV/FCF Ratio | 13.62 | |||||
| Debt / Equity Ratio | 1.56 | 1.23 | 1.30 | 1.28 | 1.30 | 1.13 |
| Debt / EBITDA Ratio | 2.29 | 1.68 | 11.76 | 142.34 | 5.22 | 7.42 |
| Debt / FCF Ratio | 8.20 | |||||
| Net Debt / Equity Ratio | 1.45 | 1.07 | 1.18 | 1.14 | 1.20 | 1.03 |
| Net Debt / EBITDA Ratio | 10.19 | 3.76 | -6.13 | -5.71 | 6.79 | 12.32 |
| Net Debt / FCF Ratio | -18.89 | 7.16 | -1.91 | -1.98 | -4.73 | -6.54 |
| Asset Turnover | 2.04 | 1.98 | 1.83 | 1.26 | 0.92 | 0.72 |
| Inventory Turnover | 3.92 | 3.61 | 3.89 | 4.22 | 2.69 | 2.30 |
| Quick Ratio | 0.45 | 0.44 | 0.53 | 0.59 | 0.65 | 0.66 |
| Current Ratio | 1.27 | 1.20 | 1.34 | 1.32 | 1.89 | 1.82 |
| Return on Equity (ROE) | -48.26% | -32.58% | -9.26% | -47.65% | -1.88% | -27.86% |
| Return on Assets (ROA) | -2.18% | 0.34% | -6.81% | -6.92% | -0.96% | -3.22% |
| Return on Invested Capital (ROIC) | -6.47% | 1.00% | -22.50% | -19.07% | -2.38% | -9.17% |
| Return on Capital Employed (ROCE) | -6.70% | 1.00% | -18.80% | -29.10% | -2.00% | -7.20% |
| Earnings Yield | -66.28% | -49.16% | -6.80% | -142.23% | -18.10% | -18.42% |
| FCF Yield | -9.73% | 22.03% | -49.11% | -39.33% | -30.76% | -7.34% |
| Buyback Yield / Dilution | -1.56% | -2.50% | -6.38% | -7.81% | -3.20% | -2.50% |