Tejon Ranch Co.
TRCTejon Ranch Co. (TRC) is a land development and agricultural company that owns and manages a large landholding in California's Tejon Ranch. The company focuses on agricultural operations, land development, and leasing activities, leveraging its extensive property portfolio to generate revenue through diversified land use, including real estate development and resource management.
Company News
Tejon Ranch Co. reported 2025 full-year net income of $0.1 million ($0.00/share) compared to $2.7 million in 2024. Revenues increased 7% to $58.7 million, with farming segment revenue up 35% to $18.7 million and commercial/industrial revenue up 20% to $15.0 million. Adjusted EBITDA increased 8% to $25.3 million. The company completed Phase 1 of T...
Tejon Ranch Co. disagrees with a California Court of Appeals ruling on its Centennial development project, noting they prevailed on 20 of 23 trial court items. The company remains committed to advancing the project and delivering housing, jobs, and open space preservation.
Tejon Ranch Co. announced the results of its 2025 Annual Meeting of Shareholders, with shareholders voting to re-elect the majority of the board and elect a new director, Andrew Dakos. The company expressed gratitude for the shareholder support and commitment to executing its long-term strategy.
Kern County leaders express strong support for Tejon Ranch Co.'s master-planned communities, emphasizing their importance for the region's long-term economic growth and stability.
Tejon Ranch Co. urges shareholders to vote for its director nominees, rejecting a campaign by Bulldog Investors. Tejon highlights its successful long-term development strategy and the lack of relevant experience of Bulldog's nominees.
