Tejon Ranch Surges with Land Sale Boost | Business and Finance News

Tejon Ranch’s Q2 2026 earnings show a major financial rebound—with revenues up, adjusted EBITDA soaring 47%, and net income hitting $2.6 million after last year’s loss. A blockbuster $6.9M land sale to Dedeaux Properties fuels growth for their new 510K sq ft industrial joint venture, while the Hard Rock Casino boosts traffic at outlets and travel centers. Terra Vista apartments hit a nine-month leasing high, and core expenses are down 18% year-to-date. With $79M in liquidity and a healthy 16.3% debt-to-capital ratio, Tejon is aggressively converting land into cash flow, selling excess water, and eyeing more opportunistic deals—all while keeping a close eye on risk and return. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3c62626a88a3974f