For the quarter ending 2026-03-31, TRC had -$4,860K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | 150 | 1,579 | 1,671 | -3,179 |
| Depreciation and amortization | 1,473 | 2,214 | 1,690 | 2,110 |
| Amortization of discount of marketable securities | 10 | 15 | 24 | 130 |
| Equity in earnings of unconsolidated joint ventures, net | 1,290 | 2,094 | 2,555 | 3,713 |
| Non-cash retirement plan expense | 104 | 103 | 114 | 207 |
| Gain on sale of property plant and equipment | 0 | 0 | -13 | 13 |
| Profit from water sale | - | 0 | - | - |
| Profit from land sales | - | 1,304 | - | - |
| Deferred income taxes | 0 | 813 | 0 | -31 |
| Stock compensation expense | 182 | 554 | -133 | 1,290 |
| Excess tax provision (benefit) from stock-based compensation | 0 | 5 | 0 | 31 |
| Abandonment expense | - | 0 | - | - |
| Inventory write down | - | 0 | - | - |
| Distribution of earnings from unconsolidated joint ventures | 1,394 | 6,916 | 1,162 | 1,653 |
| Receivables, inventories, prepaids and other assets, net | -975 | -3,652 | 3,418 | -2,037 |
| Current liabilities | 332 | -2,185 | -900 | -1,988 |
| Net cash provided by (used in) operating activities | 3,310 | 10,238 | -2,380 | -1,726 |
| Maturities and sales of marketable securities | 4,175 | 2,129 | 5,853 | 23,655 |
| Funds invested in marketable securities | 3,546 | 0 | 5,735 | 26,652 |
| Real estate development expenditures | 1,897 | 10,107 | - | - |
| Real estate expenditures - to be held for lease | 204 | 46,560 | - | - |
| Real estate and equipment expenditures | - | - | 12,247 | 37,146 |
| Property and equipment expenditures | 1,872 | 6,543 | - | - |
| Reimbursement proceeds from community facilities district | - | -3,850 | -5,559 | 0 |
| Proceeds from sale of real estate/assets | - | 58 | - | - |
| Proceeds from sale of land | - | 1,698 | - | - |
| Proceeds from sale of property plant and equipment | -44 | - | 5 | 39 |
| Investment in unconsolidated joint ventures | 0 | 1,000 | 1,040 | 238 |
| Distribution of equity from unconsolidated joint ventures | 160 | 7 | 463 | 310 |
| Investments in water assets | 5,681 | -913 | -593 | 9,519 |
| Proceeds from water sales | - | 0 | - | - |
| Interest rate swap settlement | - | 0 | - | - |
| Net cash used in investing activities | -8,865 | -6,206 | -6,549 | -49,551 |
| Borrowings on line of credit | 1,500 | 2,000 | 10,000 | 15,000 |
| Repayments of long-term debt | - | 0 | - | - |
| Deferred financing costs | - | 0 | - | - |
| Taxes on vested stock grants | -805 | -79 | 0 | -490 |
| Net cash provided by financing activities | 695 | 1,921 | 10,000 | 14,510 |
| Decrease in cash, cash equivalents, and restricted cash | -4,860 | 5,953 | 1,071 | -36,767 |
| Cash, cash equivalents, and restricted cash at beginning of period | 10,024 | 4,071 | 39,767 | - |
| Cash, cash equivalents, and restricted cash at end of period | 5,164 | 10,024 | 4,071 | - |
TEJON RANCH CO (TRC)
TEJON RANCH CO (TRC)