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Maui Land & Pineapple Co. Inc. (MLP)

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Maui Land & Pineapple Co. Inc. (MLP) reported revenue of $4 million for Q2 FY2026, the quarter ended 30 June 2026, down 19.6% on the same quarter a year earlier. Net income was -$2 million, and diluted earnings per share $-0.08. The figures are the company's own, from the 10-Q it filed with the SEC on 14 August 2026.

Revenue$4 milliondown 19.6%
Net income-$2 million
Diluted EPS$-0.08
QuarterQ2 FY2026ended 30 June 2026

Maui Land & Pineapple (MLP) in brief

Maui Land & Pineapple (MLP) reported revenue of $19 million for fiscal 2025, the year ended 31 December 2025, up 68.2% on the year before.
Read moreNet loss was $11 million and the diluted loss per share $0.54. Revenue was $12 million in fiscal 2024, $9 million in fiscal 2023, $21 million in fiscal 2022 and $12 million in fiscal 2021. Net income in the same years was a loss of $7 million, a loss of $3 million, $2 million and a loss of $3 million. Over the twelve months to 30 June 2026, Maui Land & Pineapple reported revenue of $16 million and net loss of $5 million. Revenue grew 20.9% a year, compounded, over the five years to fiscal 2025. Maui Land & Pineapple had 20 million shares outstanding at the latest filed count. At the close of 30 October 2026 the market cap of Maui Land & Pineapple was $286 million.

Ratios

From the filings

ROE-14.9%
ROCE-14.7%
Operating margin-36.3%
Net margin-28.6%
FCF marginn/a
Interest covern/a
Debt to equity0.28
Cash conversionn/a
Share count, last 12 months0.7%
Sales CAGR, 3 years-2.4%
Profit CAGR, 3 yearsn/a
EPS, TTM-$0.23

At the close of 30 October 2026

Price$14.39
Market cap$286 million
Stock P/En/a
Price to book9.21
EV / EBITDAn/a
Dividend yieldn/a
Market cap / sales17.71
52-week high$19.92
52-week low$14.04
Price, 1 year-2.4%
Price CAGR, 3 years-0.6%
Price CAGR, 5 years6.4%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on the borrowing lines of Maui Land & Pineapple Co. Inc.'s balance sheet, added together, finance leases inside them only where the company puts them there; operating leases are a separate line. Nothing here is a valuation or a view.
MLPgreeksoup.ai
Daily prices to 30 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on MLP

Dividendsno dividend in its filings for fiscal 2013 onward
Filings17 in twelve months: 11 current reports (8-K), about 4 results of operations; 4 material agreement; 1 officer or director change; 1 shareholder vote; 1 regulation FD disclosure
Planned insider salesno Form 144 notice in twelve months
Options tapeno listed options
13F holders65 funds reported a position for the quarter to 30 June 2026; largest Valueworks LLC
Insider trading0 sales and 16 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest245,160 shares short, 12.58 days to cover at 15 October 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 20 quarters

Q3 FY2021Q4 FY2021 *Q1 FY2022Q2 FY2022Q3 FY2022Q4 FY2022 *Q1 FY2023Q2 FY2023Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue2.43.02.214.02.62.22.32.52.14.02.52.63.03.45.84.64.54.53.43.7
Operating income0.00.2-0.510.6-0.0-0.5-1.4-1.3-1.20.6-1.4-1.9-2.2-1.8-1.8-0.7-0.4-1.7-2.0-1.8
Operating margin0%6%-22%76%-0%-24%-60%-54%-57%14%-56%-71%-74%-54%-31%-15%-8%-37%-59%-49%
Net income-0.1-4.2-0.610.5-0.1-8.0-1.4-1.1-1.20.6-1.4-1.9-2.2-1.9-8.6-1.00.2-1.2-2.1-1.6
Net margin-6%-141%-27%75%-5%-368%-59%-45%-57%15%-55%-71%-74%-56%-149%-22%5%-26%-60%-44%
Diluted EPS-$0.01-$0.22-$0.03 basic$0.54 basic-$0.01 basic-$0.41n/a-$0.06-$0.06 basicn/a-$0.07 basic-$0.09-$0.11 basic-$0.11-$0.44 basic-$0.05 basic$0.01 basic-$0.06-$0.10 basic-$0.08 basic
Operating cash flow-1.10.82.89.1-5.90.20.7-1.20.2-1.2-0.0-0.50.70.20.2-0.9-0.93.7-2.0-0.4
Shares outstanding19m19m19m19m19m19m20m20m20m20m20m20m20m20m20m20m20m20m20m20m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 16 fiscal years and the trailing twelve months

FY2010FY2011FY2012 †FY2013FY2014 †FY2015FY2016FY2017 †FY2018 †FY2019FY2020FY2021FY2022FY2023 †FY2024FY2025TTM
Revenue23.114.513.615.233.322.847.424.68.910.07.512.421.09.311.619.516.2
Cost of revenue5.54.30.63.63.43.13.93.5n/an/an/an/an/an/an/an/an/a
Gross profit17.610.212.911.629.919.743.4n/an/an/an/an/an/an/an/an/an/a
Gross margin76.3%70.3%95.4%76.1%89.8%86.3%91.7%n/an/an/an/an/an/an/an/an/an/a
Operating income-4.3-7.3-1.3-0.519.99.323.512.0-4.0-0.8-2.61.69.6-5.0-7.4-4.5-5.9
Operating margin-18.8%-50.1%-9.2%-3.5%59.8%41.0%49.6%48.7%-44.9%-7.9%-33.8%13.2%45.8%-53.5%-63.6%-23.4%-36.3%
Interest expense7.42.42.62.5n/an/an/an/an/an/an/an/an/an/an/an/an/a
Pre-tax incomen/a-9.7-3.8-3.0n/an/an/an/an/an/an/an/an/an/an/an/an/a
Income tax-0.3-0.1n/a0.00.0n/an/an/a-5.05.00.00.00.00.00.00.0n/a
Net income24.85.1-4.6-1.217.66.821.810.90.5-10.4-2.6-3.41.8-3.1-7.4-10.6-4.6
Net margin107.4%34.9%-33.9%-7.7%53.0%29.9%46.1%44.3%5.6%-103.2%-34.5%-27.5%8.5%-33.2%-63.9%-54.4%-28.6%
Diluted EPS$1.99$0.27-$0.25-$0.06$0.94$0.36$1.15$0.57$0.03-$0.54-$0.14-$0.18$0.09 basic-$0.15-$0.38-$0.54 basic-$0.23
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K/A10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Revenue by segment FY2024 to FY2025

FY2024FY2025Share
of the parts, latest year
Leasing Segment9.612.865.8%
Land Development and Sales Segment0.55.829.9%
Resort Amenities Segment1.40.84.4%
Corporate Segment and Other Operating Segment0.00.0n/a
Leasing SegmentLand Development and Sales SegmentResort Amenities Segment
11.6FY202419.5FY2025

$ million; hover a block for its figure and share

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Profit by segment FY2024 to FY2025

The operating profit each segment reports. Costs Maui Land & Pineapple does not charge to a segment are left out, so the segments can add up to more than the company's own operating profit.

FY2024FY2025Margin
FY2025
Leasing Segment3.12.419.1%
Land Development and Sales Segment-1.21.119.2%
Resort Amenities Segment-0.3-0.8-93.2%
Corporate Segment and Other Operating Segment-8.9-7.3n/a
Leasing SegmentLand Development and Sales SegmentResort Amenities SegmentCorporate Segment and Other Operating Segment
-7.4FY2024-4.5FY2025

$ million; the figure over a bar is all the segments together; a year a segment lost money, it hangs below the line. Hover a block for its profit, sales and margin.

FY2025Share of salesShare of profit
Leasing Segment66%69%
Land Development and Sales Segment30%31%
Resort Amenities Segment4%a loss
Corporate Segment and Other Operating Segment0%a loss

Each column adds to 100%. A segment with a bigger share of the profit than of the sales makes more on each dollar it sells.

From the company's 10-Ks, in its own words (latest 10-K).
Read moreEach year's figures come from the most recent 10-K that includes that year. A year is shown only where every segment with sales that year has an operating profit figure. A margin is a segment's operating profit over its own sales.

Cash flow and capital returned

FY2010FY2011FY2012 †FY2013FY2014 †FY2015FY2016FY2017 †FY2018 †FY2019FY2020FY2021FY2022FY2023 †FY2024FY2025TTM
Operating cash flow-9.4-10.2-3.8-3.6-2.710.633.98.30.91.82.21.46.3-1.40.42.10.4
Capital expenditure4.31.00.20.30.0n/a0.3n/a0.31.00.50.10.00.81.92.6n/a
Free cash flow-13.7-11.2-4.0-3.9-2.8n/a33.6n/a0.60.81.71.36.2-2.2-1.5-0.5n/a
Free cash flow margin-59.3%-77.4%-29.2%-25.4%-8.3%n/a71.0%n/a6.4%7.8%22.3%10.3%29.7%-23.6%-13.0%-2.5%n/a
Cash from investing2.29.20.13.82.2n/a-0.3-1.5-0.7-1.0-0.54.1-3.0-0.9-2.1-3.4-7.6
Cash from financing7.4-0.23.6-0.70.6n/a-34.0-6.4-0.6-0.7-1.5-0.8-0.3-0.62.9-0.24.0
Depreciation and amortisation8.54.03.22.92.52.33.01.91.61.51.41.31.10.80.71.1n/a
Share-based compensation0.70.60.50.40.30.20.30.41.51.71.61.41.32.86.34.33.9
Diluted shares, weightedn/an/an/an/an/an/an/an/an/an/an/a19m19m20m20m20mn/a
Shares outstanding at period end19m19m19m19m19m19m19m19m19m19m19m19m19m20m20m20m20m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K/A10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2010FY2011FY2012 †FY2013FY2014 †FY2015FY2016FY2017 †FY2018 †FY2019FY2020FY2021FY2022FY2023 †FY2024FY2025TTM
Funded by
Shareholders' equity-25.2-26.3-34.4-27.2-15.2-10.917.731.130.922.720.123.633.834.733.233.131.1
Debt45.245.549.349.050.240.66.91.2n/a1.00.20.00.00.03.34.28.8
Operating lease liabilitiesn/an/an/an/an/an/an/an/an/an/an/an/an/an/a0.00.20.2
Finance lease liabilitiesn/an/an/an/an/an/an/an/an/an/an/an/an/an/a0.00.20.2
Other liabilities70.444.846.632.014.317.014.312.417.215.418.214.38.67.513.710.39.4
Total liabilities and equity90.464.161.553.849.346.638.944.848.139.138.537.942.442.250.148.049.6
Owned
Fixed assets61.448.645.540.236.132.525.730.721.519.718.517.015.916.117.418.218.9
Securities held for sale or to maturityn/an/an/an/an/an/an/an/an/an/an/an/a3.03.12.70.0n/a
Cash and equivalents2.10.90.80.40.41.10.61.00.60.70.95.68.55.76.85.33.3
Receivables1.81.51.11.21.31.51.50.91.01.21.41.10.91.25.01.41.7
Inventory1.6n/an/an/an/an/an/an/an/an/an/an/an/an/an/an/an/a
Other assets23.513.114.012.011.511.511.012.225.017.517.714.214.216.218.223.125.8
Total assets90.464.161.553.849.346.638.944.848.139.138.537.942.442.250.148.049.6
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K/A10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded-1.6%20.9%-2.4%-4.1%
Profit growth, compoundedn/an/an/an/a
Return on equity, average2.9%-14.5%-21.0%-32.0%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was Maui Land & Pineapple's revenue in fiscal 2025?

Maui Land & Pineapple (MLP) reported revenue of $19 million for fiscal 2025, the year ended 31 December 2025, up 68.2% on the year before.

How much did Maui Land & Pineapple earn in fiscal 2025?

Net loss was $11 million for fiscal 2025, and the diluted loss per share $0.54.

What is Maui Land & Pineapple's market cap?

The market cap of Maui Land & Pineapple was $286 million at the close of 30 October 2026.

Peers: Real Estate

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
CBRE Group, Inc. CBRE$37.1 billion27.5815.9%4.6%14.5%0.91n/a
Terreno Realty Corp. TRNO$7.1 billion17.528.8%41.4%18.0%0.213.2%
Millrose Properties, Inc. MRP$4.3 billion8.938.1%85.1%n/a0.4210.0%
Curbline Properties Corp. CURB$3.5 billion118.881.2%17.6%50.6%0.262.5%
Cushman & Wakefield Ltd. CWK$3.1 billion45.903.4%4.4%11.0%1.31n/a
Urban Edge Properties UE$2.5 billion24.007.4%n/a5.5%1.214.1%
Getty Realty Corp. GTY$1.9 billion17.078.0%63.5%12.3%0.936.9%
Ellington Financial Inc. EFC$1.5 billion6.969.9%37.2%44.8%2.09n/a
Innovative Industrial Properties Inc. IIPR$1.4 billion11.817.4%51.4%-8.4%0.3314.6%
Forestar Group Inc. FOR$1.2 billion7.199.2%n/a11.8%0.43n/a
Sky Harbour Group Corp. SKYH$759 millionn/a0.6%-80.8%62.2%1.09n/a
Five Point Holdings, LLC FPH$622 million10.771.3%-2.9%-39.1%0.19n/a
All 38 in Real Estate
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Brookfield Corporation BN *$87.7 billion80.180.8%n/a-12.7%0.090.8%
CBRE Group, Inc. CBRE$37.1 billion27.5815.9%4.6%14.5%0.91n/a
KE Holdings Inc. BEKE *$19.9 billion45.814.5%2.2%1.2%0.022.0%
Jones Lang Lasalle Inc. JLL$16.4 billion15.5814.3%4.9%11.4%0.28n/a
Invitation Homes Inc. INVH$15.5 billion23.317.7%11.5%7.2%0.994.5%
Terreno Realty Corp. TRNO$7.1 billion17.528.8%41.4%18.0%0.213.2%
Compass, Inc. COMP$6.8 billion149.752.2%-2.6%67.8%1.05n/a
Millrose Properties, Inc. MRP$4.3 billion8.938.1%85.1%n/a0.4210.0%
Marriott Vacations Worldwide Corp. VAC$4.0 billionn/a-16.2%-3.3%1.7%2.652.8%
St. Joe Co. JOE$4.0 billion33.2015.8%32.0%11.1%0.710.9%
Curbline Properties Corp. CURB$3.5 billion118.881.2%17.6%50.6%0.262.5%
Cushman & Wakefield Ltd. CWK$3.1 billion45.903.4%4.4%11.0%1.31n/a
Urban Edge Properties UE$2.5 billion24.007.4%n/a5.5%1.214.1%
Newmark Group, Inc. NMRK$2.1 billion14.2010.3%7.7%20.8%1.241.3%
Getty Realty Corp. GTY$1.9 billion17.078.0%63.5%12.3%0.936.9%
Opendoor Technologies Inc. OPEN$1.7 billionn/a-166.4%-16.0%-37.2%2.14n/a
Ellington Financial Inc. EFC$1.5 billion6.969.9%37.2%44.8%2.09n/a
Innovative Industrial Properties Inc. IIPR$1.4 billion11.817.4%51.4%-8.4%0.3314.6%
Forestar Group Inc. FOR$1.2 billion7.199.2%n/a11.8%0.43n/a
Piedmont Realty Trust, Inc. PDM$1.2 billionn/a-6.1%13.8%2.9%1.621.3%
Marcus & Millichap, Inc. MMI$1.1 billion75.662.5%1.2%11.9%0.00n/a
Sky Harbour Group Corp. SKYH$759 millionn/a0.6%-80.8%62.2%1.09n/a
Agnt, Inc. AGNT$648 millionn/a-6.1%-0.3%8.1%0.005.2%
Five Point Holdings, LLC FPH$622 million10.771.3%-2.9%-39.1%0.19n/a
Hudson Pacific Properties, Inc. HPP$571 millionn/a-20.3%n/a1.8%1.210.0%
Gladstone Commercial Corp. GOOD$554 million35.1315.7%n/a10.8%5.4110.5%
Tejon Ranch Co. TRC$442 million71.221.3%-0.9%25.4%0.20n/a
FRP Holdings, Inc. FRPH$360 million1,876.500.0%11.6%2.5%0.50n/a
American Realty Investors Inc. ARL$298 million35.481.3%-18.3%6.8%0.350.0%
Maui Land & Pineapple Co. Inc. MLP$286 millionn/a-14.9%-36.3%-4.1%0.28n/a
Alico, Inc. ALCO$278 million170.431.5%-138.0%-61.4%0.810.5%
Claros Mortgage Trust, Inc. CMTG$164 millionn/a-43.5%n/a-30.9%2.10n/a
Douglas Elliman Inc. DOUG$141 million5.3414.9%3.5%-2.7%0.00n/a
Amrep Corp. AXR$109 million18.824.2%14.8%-15.3%0.00n/a
Mobile Infrastructure Corp. BEEP$101 millionn/a-18.0%n/a-4.1%1.52n/a
Seritage Growth Properties SRG$93 millionn/a-20.1%-172.0%-23.7%0.17n/a
Star Holdings STHO$90 million6.224.9%-13.0%-17.7%0.74n/a
Intergroup Corp. INTG$85 million52.03n/a16.0%14.9%n/an/a
18 companies share its SEC industry code (Real Estate); the rest are the names nearest in size in its wider industry, Real Estate, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 202614 August 2026EDGAR
10-Q31 March 202615 May 2026EDGAR
10-K31 December 20251 April 2026EDGAR
10-Q30 September 202514 November 2025EDGAR
10-Q30 June 202514 August 2025EDGAR
10-Q31 March 202515 May 2025EDGAR
10-K31 December 202431 March 2025EDGAR
10-K/A31 December 202320 February 2025EDGAR
10-Q30 September 202414 November 2024EDGAR
10-Q30 June 202419 August 2024EDGAR