NASDAQ : LMNR
Limoneira Company — Financial statements
Consumer Staples · Farm Products · United States
Last price 11.06 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 200.54M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Limoneira Company (LMNR) reported revenue of 128.76M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 122.76M | 153.69M | 185.92M | 174.38M | 179.28M | 161.38M |
| Other Revenue | 6.00M | 6.04M | 5.58M | 5.52M | 5.32M | 4.65M |
| Revenue | 128.76M | 159.72M | 191.50M | 179.90M | 184.60M | 166.03M |
| Cost of Revenue | 139.20M | 158.84M | 168.92M | 173.78M | 165.09M | 152.82M |
| Gross Profit | -10.44M | 883.00K | 22.58M | 6.12M | 19.52M | 13.20M |
| Selling, General & Admin | 21.34M | 24.48M | 27.46M | 29.16M | 22.42M | 19.43M |
| Operating Expenses | 21.34M | 24.48M | 27.46M | 29.16M | 22.42M | 19.43M |
| Operating Income | -31.78M | -23.59M | -4.88M | -23.04M | -2.91M | -6.22M |
| Interest Expense | -3.30M | -1.55M | -961.00K | -494.00K | -2.29M | -1.50M |
| Interest & Investment Income | 358.00K | 62.00K | 118.00K | 364.00K | 53.00K | 379.00K |
| Earnings From Equity Investments | -218.00K | 798.00K | 18.36M | 5.32M | 1.34M | 3.20M |
| Other Non Operating Income (Expenses) | -5.87M | 93.00K | 212.00K | 89.00K | -348.00K | 89.00K |
| EBT Excluding Unusual Items | -40.81M | -24.19M | 12.84M | -17.75M | -4.15M | -4.05M |
| Merger & Restructuring Charges | -447.00K | -447.00K | -1.16M | |||
| Gain (Loss) on Sale of Investments | 2.85M | 2.85M | ||||
| Gain (Loss) on Sale of Assets | -8.91M | 782.00K | 507.00K | 28.85M | 4.50M | -109.00K |
| Asset Writedown | -13.45M | -643.00K | ||||
| Legal Settlements | 2.27M | |||||
| Pretax Income | -55.32M | -21.00M | 11.55M | 13.36M | 349.00K | -4.16M |
| Income Tax Expense | -11.73M | -4.65M | 4.37M | 4.25M | 823.00K | -266.00K |
| Earnings From Continuing Operations | -43.59M | -16.36M | 7.17M | 9.12M | -474.00K | -3.90M |
| Minority Interest in Earnings | 1.06M | 375.00K | 542.00K | 283.00K | 238.00K | 456.00K |
| Net Income | -42.53M | -15.98M | 7.72M | 9.40M | -236.00K | -3.44M |
| Preferred Dividends & Other Adjustments | 520.00K | 566.00K | 620.00K | 647.00K | 551.00K | 536.00K |
| Net Income to Common | -43.05M | -16.55M | 7.10M | 8.75M | -787.00K | -3.98M |
| Shares Outstanding (Basic) | 17.92M | 17.83M | 17.71M | 17.60M | 17.51M | 17.55M |
| Shares Outstanding (Diluted) | 17.92M | 17.83M | 17.71M | 17.60M | 17.51M | 17.55M |
| EPS (Basic) | -2.40 | -0.93 | 0.40 | 0.50 | -0.04 | -0.23 |
| EPS (Diluted) | -2.41 | -0.93 | 0.40 | 0.50 | -0.04 | -0.23 |
| Free Cash Flow | -31.04M | -19.55M | 8.44M | -26.18M | 4.76M | -229.00K |
| Free Cash Flow Per Share | -1.73 | -1.10 | 0.48 | -1.49 | 0.27 | -0.01 |
| Dividend Per Share | 0.15 | 0.30 | 0.30 | 0.30 | 0.30 | 0.30 |
| Gross Margin | -8.11% | 0.55% | 11.79% | 3.40% | 10.57% | 7.95% |
| Operating Margin | -24.68% | -14.77% | -2.55% | -12.80% | -1.57% | -3.75% |
| Profit Margin | -33.43% | -10.36% | 3.71% | 4.87% | -0.43% | -2.40% |
| Free Cash Flow Margin | -24.11% | -12.24% | 4.41% | -14.55% | 2.58% | -0.14% |
| EBITDA | -23.05M | -14.38M | 3.49M | -14.46M | 6.89M | 2.92M |
| EBITDA Margin | -17.90% | -9.01% | 1.82% | -8.04% | 3.73% | 1.76% |
| D&A For EBITDA | 8.72M | 9.21M | 8.37M | 8.58M | 9.80M | 9.14M |
| EBIT | -31.78M | -23.59M | -4.88M | -23.04M | -2.91M | -6.22M |
| EBIT Margin | -24.68% | -14.77% | -2.55% | -12.80% | -1.57% | -3.75% |
| Effective Tax Rate | 37.87% | 31.78% | 235.82% | |||
| Revenue as Reported | 128.76M | 159.72M | 191.50M | 179.90M | 184.60M | 166.03M |
| Advertising Expenses | 165.00K | 178.00K |
Balance sheet
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.21M | 1.51M | 3.00M | 3.63M | 857.00K | 439.00K |
| Cash & Short-Term Investments | 2.21M | 1.51M | 3.00M | 3.63M | 857.00K | 439.00K |
| Accounts Receivable | 17.14M | 18.41M | 17.12M | 18.61M | 18.62M | 22.08M |
| Other Receivables | 213.00K | 1.94M | 312.00K | 1.37M | 1.40M | 2.27M |
| Receivables | 17.86M | 20.35M | 17.44M | 19.98M | 20.01M | 26.79M |
| Inventory | 3.85M | 3.81M | 4.16M | 4.79M | 12.79M | 10.02M |
| Other Current Assets | 15.36M | 14.82M | 1.26M | 1.82M | 3.88M | 4.84M |
| Total Current Assets | 39.27M | 40.48M | 25.85M | 30.23M | 37.53M | 42.09M |
| Property, Plant & Equipment | 150.23M | 174.90M | 165.23M | 165.30M | 229.91M | 245.60M |
| Long-Term Investments | 82.98M | 79.49M | 87.78M | 84.52M | 79.36M | 70.07M |
| Goodwill | 1.37M | 1.51M | 1.50M | 1.51M | 1.51M | 1.53M |
| Other Intangible Assets | 2.19M | 2.62M | 5.22M | 6.66M | 7.32M | 8.33M |
| Long-Term Deferred Charges | 22.00K | 66.00K | ||||
| Other Long-Term Assets | 12.48M | 12.14M | 13.23M | 12.98M | 12.90M | 24.60M |
| Total Assets | 299.35M | 311.14M | 298.81M | 301.21M | 368.52M | 392.28M |
| Accounts Payable | 13.88M | 17.21M | 18.21M | 20.63M | 21.40M | 19.33M |
| Accrued Expenses | 4.97M | 8.42M | 9.73M | 6.50M | 9.25M | 5.94M |
| Current Portion of Long-Term Debt | 837.00K | 31.00K | 559.00K | 381.00K | 1.73M | 2.47M |
| Current Portion of Leases | 2.52M | 871.00K | 2.29M | 2.15M | 2.16M | 737.00K |
| Current Income Taxes Payable | 456.00K | |||||
| Other Current Liabilities | 3.88M | 3.56M | 3.55M | 3.70M | 4.73M | 6.84M |
| Total Current Liabilities | 26.09M | 30.09M | 34.80M | 33.36M | 39.27M | 35.32M |
| Long-Term Debt | 100.68M | 72.45M | 40.03M | 40.63M | 104.08M | 130.35M |
| Long-Term Leases | 4.93M | 1.15M | 818.00K | 2.32M | 5.06M | 2.53M |
| Pension & Post-Retirement Benefits | 2.27M | 847.00K | ||||
| Long-Term Deferred Tax Liabilities | 6.08M | 15.38M | 20.08M | 22.17M | 23.50M | 22.85M |
| Other Long-Term Liabilities | 402.00K | 1.24M | 577.00K | 2.24M | 2.47M | 1.12M |
| Total Liabilities | 138.18M | 120.30M | 96.31M | 100.71M | 176.65M | 193.03M |
| Common Stock | 181.00K | 180.00K | 180.00K | 179.00K | 177.00K | 179.00K |
| Additional Paid-In Capital | 172.12M | 171.37M | 170.24M | 168.44M | 165.17M | 163.97M |
| Retained Earnings | -36.39M | -1.07M | 20.83M | 19.02M | 15.50M | 21.55M |
| Treasury Stock | -3.49M | -3.49M | -3.49M | -3.49M | -3.49M | -3.49M |
| Comprehensive Income & Other | -309.00K | -6.27M | -6.61M | -5.67M | -7.91M | -5.73M |
| Total Common Equity | 132.11M | 160.71M | 181.14M | 178.48M | 169.44M | 176.47M |
| Minority Interest | 18.40M | 19.32M | 10.55M | 11.21M | 11.61M | 11.96M |
| Shareholders' Equity | 161.17M | 190.84M | 202.50M | 200.50M | 191.86M | 199.25M |
| Total Liabilities & Equity | 299.35M | 311.14M | 298.81M | 301.21M | 368.52M | 392.28M |
| Total Debt | 108.97M | 74.50M | 43.70M | 45.48M | 113.03M | 136.09M |
| Net Cash (Debt) | -106.76M | -72.99M | -40.71M | -41.84M | -112.17M | -135.66M |
| Net Cash Per Share | -5.96 | -4.09 | -2.30 | -2.38 | -6.41 | -7.73 |
| Filing Date Shares Outstanding | 18.13M | 18.12M | 18.08M | 17.99M | 17.68M | 17.70M |
| Total Common Shares Outstanding | 18.13M | 18.04M | 18.03M | 17.94M | 17.68M | 17.69M |
| Working Capital | 13.19M | 10.39M | -8.96M | -3.13M | -1.74M | 6.76M |
| Book Value Per Share | 7.29 | 8.91 | 10.04 | 9.95 | 9.58 | 9.98 |
| Tangible Book Value | 128.55M | 156.59M | 174.42M | 170.31M | 160.62M | 166.61M |
| Tangible Book Value Per Share | 7.09 | 8.68 | 9.67 | 9.49 | 9.08 | 9.42 |
| Land | 63.77M | 55.47M | 55.97M | 87.62M | 95.87M | |
| Buildings | 37.63M | 37.10M | 36.98M | 37.93M | 48.56M | |
| Machinery | 62.01M | 61.56M | 58.57M | 61.62M | 62.60M | |
| Construction In Progress | 20.85M | 15.83M | 16.98M | 28.49M | 22.48M |
Cash flow statement
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -42.53M | -15.98M | 7.72M | 9.40M | -236.00K | -3.44M |
| Depreciation & Amortization | 9.74M | 10.23M | 9.34M | 8.58M | 9.80M | 9.81M |
| Loss (Gain) From Sale of Assets | 8.91M | -782.00K | -507.00K | -28.85M | -4.50M | 109.00K |
| Asset Writedown & Restructuring Costs | 13.45M | 643.00K | ||||
| Loss (Gain) From Sale of Investments | -2.85M | -2.85M | ||||
| Loss (Gain) on Equity Investments | 218.00K | 9.29M | -3.35M | -5.10M | -858.00K | -2.98M |
| Stock-Based Compensation | 1.87M | 3.08M | 4.12M | 3.84M | 2.73M | 2.58M |
| Other Operating Activities | -7.28M | -4.12M | -1.76M | -1.27M | 2.58M | 210.00K |
| Change in Accounts Receivable | 6.37M | 466.00K | 1.10M | 815.00K | 1.84M | -5.08M |
| Change in Inventory | 1.56M | -528.00K | 454.00K | 2.46M | -1.15M | -639.00K |
| Change in Accounts Payable | -434.00K | -1.72M | -3.34M | -1.77M | 1.85M | 5.39M |
| Change in Income Taxes | 143.00K | -640.00K | 1.27M | -1.03M | 5.91M | |
| Change in Other Net Operating Assets | -4.11M | -2.45M | 2.17M | -2.93M | 2.76M | -2.27M |
| Operating Cash Flow | -14.95M | -6.01M | 17.85M | -15.87M | 14.83M | 9.61M |
| Capital Expenditures | -16.09M | -13.54M | -9.41M | -10.30M | -10.07M | -9.83M |
| Sale of Property, Plant & Equipment | 6.31M | 411.00K | 1.04M | 98.55M | 19.26M | 119.00K |
| Cash Acquisitions | -4.18M | -4.11M | ||||
| Sale (Purchase) of Intangibles | 1.74M | |||||
| Sale (Purchase) of Real Estate | 2.58M | 7.92M | ||||
| Investment in Securities | -4.00M | -2.92M | -949.00K | -1.25M | -554.00K | -547.00K |
| Other Investing Activities | 68.00K | 132.00K | 1.01M | 2.88M | 25.00K | |
| Investing Cash Flow | -17.96M | -18.35M | -9.19M | 90.58M | 19.43M | -10.24M |
| Long-Term Debt Issued | 170.08M | 175.69M | 57.94M | 147.96M | 102.20M | |
| Long-Term Debt Repaid | -139.22M | -176.75M | -123.41M | -174.13M | -95.16M | |
| Net Debt Issued (Repaid) | 36.98M | 30.86M | -1.07M | -65.47M | -26.17M | 7.04M |
| Repurchase of Common Stock | -739.00K | -1.96M | -2.31M | -567.00K | -1.53M | -700.00K |
| Preferred Dividends Paid | -250.00K | -501.00K | -501.00K | -501.00K | -501.00K | -501.00K |
| Common Dividends Paid | -2.71M | -5.41M | -5.41M | -5.38M | -5.32M | -5.30M |
| Dividends Paid | -2.96M | -5.92M | -5.91M | -5.88M | -5.82M | -5.80M |
| Other Financing Activities | -160.00K | -155.00K | ||||
| Financing Cash Flow | 33.11M | 22.84M | -9.29M | -71.92M | -33.52M | 534.00K |
| Foreign Exchange Rate Adjustments | -108.00K | 33.00K | -11.00K | -11.00K | -328.00K | 36.00K |
| Net Cash Flow | 99.00K | -1.49M | -635.00K | 2.77M | 418.00K | -62.00K |
| Free Cash Flow | -31.04M | -19.55M | 8.44M | -26.18M | 4.76M | -229.00K |
| Free Cash Flow Margin | -24.11% | -12.24% | 4.41% | -14.55% | 2.58% | -0.14% |
| Free Cash Flow Per Share | -1.73 | -1.10 | 0.48 | -1.49 | 0.27 | -0.01 |
| Levered Free Cash Flow | -21.01M | -33.09M | 5.25M | -7.06M | 7.45M | 2.99M |
| Unlevered Free Cash Flow | -18.95M | -32.12M | 5.85M | -6.76M | 8.89M | 3.93M |
| Cash Interest Paid | 2.90M | 1.19M | 971.00K | 652.00K | 2.06M | 1.50M |
| Cash Income Tax Paid | 201.00K | 707.00K | 5.19M | 7.23M | 83.00K | -5.91M |
| Change in Working Capital | 3.53M | -4.87M | 1.66M | -2.47M | 5.31M | 3.32M |
Ratios
Fiscal year November - October; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 192.92M | 255.02M | 462.85M | 256.92M | 211.42M | 285.27M |
| Enterprise Value | 299.69M | 340.17M | 527.33M | 315.23M | 368.76M | 432.29M |
| Last Close Price | 10.64 | 14.04 | 25.06 | 13.77 | 11.26 | 14.91 |
| PE Ratio | 65.23 | 29.35 | ||||
| Forward PE | 76.00 | 98.31 | 102.03 | 74.93 | 65.37 | 49.78 |
| PS Ratio | 1.50 | 1.60 | 2.42 | 1.43 | 1.15 | 1.72 |
| PB Ratio | 1.46 | 1.34 | 2.29 | 1.28 | 1.10 | 1.43 |
| P/TBV Ratio | 1.50 | 1.63 | 2.65 | 1.51 | 1.32 | 1.71 |
| P/FCF Ratio | 54.84 | 44.38 | ||||
| P/OCF Ratio | 25.93 | 14.26 | 29.70 | |||
| PEG Ratio | 8.05 | 4.44 | 25.40 | 25.40 | 3.32 | |
| EV/Sales Ratio | 2.33 | 2.13 | 2.75 | 1.75 | 2.00 | 2.60 |
| EV/EBITDA Ratio | 151.01 | 53.51 | 148.10 | |||
| EV/FCF Ratio | 62.48 | 77.41 | ||||
| Debt / Equity Ratio | 0.68 | 0.39 | 0.22 | 0.23 | 0.59 | 0.68 |
| Debt / EBITDA Ratio | 7.20 | 14.34 | 35.69 | |||
| Debt / FCF Ratio | 5.18 | 23.73 | ||||
| Net Debt / Equity Ratio | 0.66 | 0.38 | 0.20 | 0.21 | 0.58 | 0.68 |
| Net Debt / EBITDA Ratio | -4.63 | -5.08 | 11.66 | -2.89 | 16.28 | 46.47 |
| Net Debt / FCF Ratio | -3.44 | -3.73 | 4.82 | -1.60 | 23.55 | -592.38 |
| Asset Turnover | 0.43 | 0.52 | 0.64 | 0.54 | 0.48 | 0.42 |
| Inventory Turnover | 28.83 | 39.88 | 37.75 | 19.77 | 14.47 | 14.78 |
| Quick Ratio | 0.75 | 0.73 | 0.59 | 0.71 | 0.53 | 0.70 |
| Current Ratio | 1.51 | 1.34 | 0.74 | 0.91 | 0.96 | 1.19 |
| Return on Equity (ROE) | -24.75% | -8.32% | 3.56% | 4.65% | -0.24% | -1.92% |
| Return on Assets (ROA) | -6.63% | -4.83% | -1.02% | -4.30% | -0.48% | -1.00% |
| Return on Invested Capital (ROIC) | -11.98% | -9.31% | -1.25% | -5.75% | 1.23% | -1.86% |
| Return on Capital Employed (ROCE) | -11.60% | -8.40% | -1.80% | -8.60% | -0.90% | -1.70% |
| Earnings Yield | -22.65% | -6.27% | 1.67% | 3.66% | -0.11% | -1.21% |
| FCF Yield | -16.09% | -7.66% | 1.82% | -10.19% | 2.25% | -0.08% |
| Dividend Yield | 0.70% | 2.12% | 1.17% | 2.10% | 2.51% | 1.86% |
| Payout Ratio | 76.55% | 62.59% | ||||
| Buyback Yield / Dilution | -0.61% | -0.67% | -0.64% | -0.51% | 0.24% | 0.63% |
| Total Shareholder Return | 0.09% | 1.45% | 0.53% | 1.58% | 2.75% | 2.49% |