Limoneira (LMNR) Financials

$15.31 +0.08 (+0.53%)

Closing price 04:00 PM Eastern

Extended Trading

$15.31 0.00 (0.00%)

As of 04:04 PM Eastern

Annual Income Statements for Limoneira

This table shows Limoneira's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Period end date	10/31/2022	10/31/2023	10/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-0.74	8.90	7.22
Consolidated Net Income / (Loss)	-0.47	9.12	7.17
Net Income / (Loss) Continuing Operations	-0.47	9.12	7.17
Total Pre-Tax Income	0.35	13	12
Total Operating Income	2.20	11	-6.18
Total Gross Profit	24	11	27
Total Revenue	185	180	192
Operating Revenue	185	180	192
Total Cost of Revenue	161	169	165
Operating Cost of Revenue	161	169	165
Total Operating Expenses	22	-0.05	33
Selling, General & Admin Expense	22	26	27
Other Operating Expenses / (Income)	4.44	4.61	5.27
Impairment Charge	0.00	0.00	0.64
Other Special Charges / (Income)	-4.50	-31	-0.51
Total Other Income / (Expense), net	-1.85	2.58	18
Interest Expense	2.29	0.49	0.96
Interest & Investment Income	1.39	5.69	18
Other Income / (Expense), net	-0.96	-2.61	0.21
Income Tax Expense	0.82	4.25	4.37
Preferred Stock Dividends Declared	0.50	0.50	0.50
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.24	-0.28	-0.54
Basic Earnings per Share	($0.04)	$0.50	$0.40
Weighted Average Basic Shares Outstanding	17.51M	17.60M	17.72M
Diluted Earnings per Share	($0.04)	$0.50	$0.40
Weighted Average Diluted Shares Outstanding	17.51M	17.60M	17.72M
Weighted Average Basic & Diluted Shares Outstanding	17.68M	17.99M	18.08M
Cash Dividends to Common per Share	$0.30	$0.30	$0.30

This table shows Limoneira's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	7/31/2022	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025
Net Income / (Loss) Attributable to Common Shareholders	7.25	-2.78	16	-1.74	-1.29	-3.58	-3.71	6.44	6.47	-1.98	-3.20
Consolidated Net Income / (Loss)	7.33	-2.77	16	-1.63	-1.25	-3.54	-3.68	6.56	6.22	-1.92	-3.07
Net Income / (Loss) Continuing Operations	7.33	-2.77	16	-1.63	-1.25	-3.54	-3.68	6.56	6.22	-1.92	-3.07
Total Pre-Tax Income	11	-3.33	22	-2.54	-1.63	-4.83	-7.87	12	9.24	-1.60	-5.48
Total Operating Income	11	-1.89	26	-3.86	-1.55	-9.69	-7.75	-4.68	8.99	-2.75	-5.35
Total Gross Profit	17	-0.69	-3.34	9.88	5.65	-1.46	0.62	4.17	18	4.04	0.81
Total Revenue	59	40	38	48	52	41	40	45	63	44	34
Operating Revenue	59	40	38	48	52	41	40	45	63	44	34
Total Cost of Revenue	41	40	41	38	47	43	39	40	45	40	33
Operating Cost of Revenue	41	40	41	38	47	43	39	40	45	40	33
Total Operating Expenses	6.40	1.20	-29	14	7.20	8.23	8.36	8.85	8.88	6.79	6.15
Selling, General & Admin Expense	5.03	5.06	9.28	6.01	4.62	6.55	7.35	7.37	6.99	5.76	6.48
Other Operating Expenses / (Income)	1.13	1.14	1.24	1.01	1.03	1.33	1.18	1.43	1.25	1.41	-0.32
Other Special Charges / (Income)	0.24	-5.00	-40	6.73	1.55	0.35	-0.17	0.05	-0.01	-0.38	-0.01
Total Other Income / (Expense), net	-0.42	-1.44	-3.52	1.32	-0.08	4.86	-0.12	16	0.24	1.15	-0.13
Interest Expense	0.77	1.04	1.17	-1.00	0.24	0.08	0.21	0.35	0.27	0.13	0.26
Interest & Investment Income	0.34	0.66	0.26	0.12	0.38	4.92	0.06	17	0.51	1.30	0.12
Other Income / (Expense), net	0.01	-1.06	-2.61	0.20	-0.22	0.02	0.02	0.20	0.01	-0.01	0.01
Income Tax Expense	3.31	-0.56	6.83	-0.91	-0.38	-1.29	-4.19	5.22	3.02	0.32	-2.41
Preferred Stock Dividends Declared	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13	0.13
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.05	-0.11	-0.10	-0.02	-0.09	-0.08	-0.09	-0.01	-0.38	-0.06	0.00
Basic Earnings per Share	$0.41	($0.15)	$0.87	($0.10)	($0.07)	($0.20)	($0.21)	$0.36	$0.36	($0.11)	($0.18)
Weighted Average Basic Shares Outstanding	17.53M	17.51M	17.57M	17.60M	17.62M	17.60M	17.63M	17.71M	17.76M	17.72M	17.79M
Diluted Earnings per Share	$0.40	($0.14)	$0.84	($0.10)	($0.07)	($0.17)	($0.21)	$0.35	$0.35	($0.09)	($0.18)
Weighted Average Diluted Shares Outstanding	18.33M	17.51M	18.38M	17.60M	17.62M	17.60M	17.63M	18.36M	18.36M	17.72M	17.79M
Weighted Average Basic & Diluted Shares Outstanding	17.72M	17.68M	17.83M	17.98M	17.98M	17.99M	18.00M	18.01M	18.05M	18.08M	18.05M
Cash Dividends to Common per Share	$0.08	-	$0.08	$0.08	$0.08	-	$0.08	$0.08	$0.08	-	$0.08

This table details how cash moves in and out of Limoneira's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Period end date	10/31/2022	10/31/2023	10/31/2024
Net Change in Cash & Equivalents	-1.99	-1.06	-0.64
Net Cash From Operating Activities	15	-16	18
Net Cash From Continuing Operating Activities	12	-20	18
Net Income / (Loss) Continuing Operations	-0.47	9.12	7.17
Consolidated Net Income / (Loss)	-0.47	9.12	7.17
Depreciation Expense	9.80	8.58	8.37
Non-Cash Adjustments To Reconcile Net Income	-3.09	-33	2.73
Changes in Operating Assets and Liabilities, net	5.86	-4.42	-0.43
Net Cash From Investing Activities	19	91	-9.19
Net Cash From Continuing Investing Activities	19	91	-9.19
Purchase of Property, Plant & Equipment	-10	-10	-9.41
Acquisitions	-0.05	-0.85	-0.69
Purchase of Investments	-0.51	-0.52	-0.53
Sale of Property, Plant & Equipment	27	101	1.04
Sale and/or Maturity of Investments	2.76	0.16	0.28
Other Investing Activities, net	0.12	0.98	0.12
Net Cash From Financing Activities	-34	-72	-9.29
Net Cash From Continuing Financing Activities	-34	-72	-9.29
Repayment of Debt	-174	-123	-176
Payment of Dividends	-5.82	-5.88	-5.91
Issuance of Debt	147	58	176
Other Financing Activities, net	-0.89	-1.06	-3.01
Effect of Exchange Rate Changes	-	-	-0.01
Cash Interest Paid	2.06	0.65	0.97
Cash Income Taxes Paid	0.08	7.23	5.19

This table details how cash moves in and out of Limoneira's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	7/31/2022	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025
Net Change in Cash & Equivalents	0.04	-2.54	12	-2.63	1.17	-11	-3.10	0.88	-0.31	1.91	-1.86
Net Cash From Operating Activities	12	3.91	-21	2.75	5.86	-3.28	-10	-3.02	25	6.59	-13
Net Cash From Continuing Operating Activities	12	1.18	-21	2.75	5.86	-7.12	-10	-3.02	25	6.59	-13
Net Income / (Loss) Continuing Operations	7.33	-2.77	16	-1.63	-1.25	-3.54	-3.68	6.56	6.22	-1.92	-3.07
Consolidated Net Income / (Loss)	7.33	-2.77	16	-1.63	-1.25	-3.54	-3.68	6.56	6.22	-1.92	-3.07
Depreciation Expense	2.47	2.37	2.45	2.04	2.02	2.07	2.06	2.10	2.12	2.10	2.02
Non-Cash Adjustments To Reconcile Net Income	1.10	-6.17	-38	9.45	2.75	-6.82	1.08	-15	17	-0.18	-0.19
Changes in Operating Assets and Liabilities, net	1.18	7.75	-0.80	-7.12	2.34	1.16	-9.73	3.31	-0.59	6.59	-12
Net Cash From Investing Activities	-4.86	25	99	-3.69	-3.06	-1.78	-1.64	-1.28	-3.76	-2.50	-3.49
Net Cash From Continuing Investing Activities	-4.86	25	99	-3.69	-3.92	-0.93	-1.64	-1.28	-3.76	-2.50	-3.49
Purchase of Property, Plant & Equipment	-3.55	-2.39	-2.15	-3.27	-3.54	-1.35	-2.24	-1.47	-3.01	-2.69	-4.08
Acquisitions	-	-0.05	-0.28	-	-	-0.57	-0.29	0.07	-0.31	-0.17	-0.20
Purchase of Investments	-0.45	-0.01	-0.01	-0.04	-0.46	-0.01	-0.02	-0.03	-0.47	-0.01	-0.01
Sale of Property, Plant & Equipment	-1.01	27	101	-0.38	0.02	0.02	0.78	0.15	0.02	0.09	0.16
Sale and/or Maturity of Investments	0.16	-	0.00	-	0.07	0.09	0.07	-	-	0.21	0.00
Other Investing Activities, net	-	0.12	0.08	-	-	0.89	0.06	-	-	0.06	0.64
Net Cash From Financing Activities	-7.14	-29	-66	-1.69	-1.63	-2.28	8.82	5.20	-21	-2.18	15
Net Cash From Continuing Financing Activities	-7.14	-29	-66	-1.69	-1.31	-2.60	8.82	5.20	-21	-2.18	15
Repayment of Debt	-51	-54	-123	-0.08	-0.05	-0.09	-26	-26	-63	-61	-24
Payment of Dividends	-1.45	-1.46	-1.46	-1.47	-1.47	-1.47	-1.48	-1.47	-1.48	-1.48	-1.48
Issuance of Debt	44	28	58	-	-	-	38	34	44	60	41
Other Financing Activities, net	0.92	-0.55	-0.11	-0.13	0.22	-1.03	-0.81	-1.39	-0.16	-0.66	-1.38
Effect of Exchange Rate Changes	-0.04	-	0.01	0.00	-	-	-0.01	-0.02	0.02	0.00	0.00
Cash Interest Paid	0.68	0.96	1.01	-0.61	0.20	0.06	0.16	0.30	0.36	0.16	0.14
Cash Income Taxes Paid	-	0.08	0.00	0.33	-	6.90	0.00	0.26	2.06	2.88	0.00

This table presents Limoneira's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Period end date	10/31/2022	10/31/2023	10/31/2024
Total Assets	369	301	299
Total Current Assets	38	30	26
Cash & Equivalents	0.86	3.63	3.00
Accounts Receivable	20	19	17
Inventories, net	8.64	2.33	1.88
Prepaid Expenses	8.50	5.59	3.85
Plant, Property, & Equipment, net	223	161	162
Total Noncurrent Assets	108	110	111
Long-Term Investments	73	79	82
Goodwill	1.51	1.51	1.50
Intangible Assets	7.32	6.66	5.22
Other Noncurrent Operating Assets	27	23	23
Total Liabilities & Shareholders' Equity	369	301	299
Total Liabilities	177	101	96
Total Current Liabilities	39	33	35
Short-Term Debt	1.73	0.38	0.56
Accounts Payable	11	9.89	7.26
Accrued Expenses	11	8.65	12
Other Current Liabilities	16	14	15
Total Noncurrent Liabilities	137	67	62
Long-Term Debt	104	41	40
Noncurrent Deferred & Payable Income Tax Liabilities	23	22	20
Other Noncurrent Operating Liabilities	9.81	4.56	1.40
Commitments & Contingencies	0.00	0.00	0.00
Redeemable Noncontrolling Interest	11	11	11
Total Equity & Noncontrolling Interests	181	190	192
Total Preferred & Common Equity	169	178	181
Preferred Stock	0.00	0.00	0.00
Total Common Equity	169	178	181
Common Stock	165	169	170
Retained Earnings	16	19	21
Treasury Stock	-3.49	-3.49	-3.49
Accumulated Other Comprehensive Income / (Loss)	-7.91	-5.67	-6.61
Noncontrolling Interest	12	11	11

This table presents Limoneira's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Period end date	7/31/2022	1/31/2023	4/30/2023	7/31/2023	1/31/2024	4/30/2024	7/31/2024	1/31/2025
Total Assets	393	321	316	313	300	322	307	301
Total Current Assets	42	42	45	43	29	35	35	28
Cash & Equivalents	1.00	12	9.83	11	0.53	1.40	1.09	1.13
Accounts Receivable	23	21	21	23	20	25	25	20
Inventories, net	6.33	2.90	2.74	2.62	2.58	3.43	3.30	2.12
Prepaid Expenses	12	5.43	12	6.12	5.49	4.54	5.59	5.30
Plant, Property, & Equipment, net	241	172	164	163	160	161	162	164
Total Noncurrent Assets	110	108	107	107	111	127	110	109
Long-Term Investments	65	73	73	73	79	96	80	82
Goodwill	1.51	1.53	1.53	1.52	1.51	1.51	1.51	1.50
Intangible Assets	7.58	7.42	7.24	7.00	6.42	6.21	5.39	4.80
Other Noncurrent Operating Assets	36	25	25	25	24	23	23	21
Total Liabilities & Shareholders' Equity	393	321	316	313	300	322	307	301
Total Liabilities	197	110	108	106	105	122	102	104
Total Current Liabilities	38	39	38	37	31	38	38	27
Short-Term Debt	3.55	0.45	0.45	0.44	0.67	0.63	0.59	0.10
Accounts Payable	15	15	14	8.99	8.77	9.93	7.42	10
Accrued Expenses	7.69	11	7.94	8.39	8.08	11	13	9.20
Other Current Liabilities	12	4.24	8.11	12	13	16	18	7.81
Total Noncurrent Liabilities	159	72	69	69	74	85	63	77
Long-Term Debt	129	41	41	41	51	60	40	58
Noncurrent Deferred & Payable Income Tax Liabilities	24	24	22	22	18	21	21	18
Other Noncurrent Operating Liabilities	5.66	7.10	6.67	6.08	4.22	4.02	2.35	1.25
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	11	11	11	11	11	11	11	11
Total Equity & Noncontrolling Interests	186	200	198	195	184	189	195	187
Total Preferred & Common Equity	174	189	186	184	173	178	184	176
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	174	189	186	184	173	178	184	176
Common Stock	165	166	167	168	169	169	170	170
Retained Earnings	20	30	27	24	14	19	24	16
Treasury Stock	-3.49	-3.49	-3.49	-3.49	-3.49	-3.49	-3.49	-3.49
Accumulated Other Comprehensive Income / (Loss)	-7.30	-3.96	-4.01	-4.50	-6.13	-6.37	-6.38	-6.88
Noncontrolling Interest	12	11	11	11	11	11	11	11

This table displays calculated financial ratios and metrics derived from Limoneira's official financial filings.

Metric	2022	2023	2024
Period end date	10/31/2022	10/31/2023	10/31/2024
Growth Metrics	-	-	-
Revenue Growth	11.19%	-2.55%	6.45%
EBITDA Growth	209.53%	51.65%	-85.62%
EBIT Growth	119.96%	555.86%	-173.01%
NOPAT Growth	32.57%	346.08%	-152.18%
Net Income Growth	87.84%	2,023.42%	-21.31%
EPS Growth	82.61%	1,350.00%	-20.00%
Operating Cash Flow Growth	54.40%	-207.01%	212.50%
Free Cash Flow Firm Growth	3,250.23%	77.93%	-104.61%
Invested Capital Growth	-16.30%	-28.98%	-0.32%
Revenue Q/Q Growth	3.45%	1.00%	1.28%
EBITDA Q/Q Growth	47.19%	-29.55%	153.06%
EBIT Q/Q Growth	155.35%	-45.15%	53.67%
NOPAT Q/Q Growth	-80.72%	-40.51%	56.20%
Net Income Q/Q Growth	80.03%	-7.81%	29.10%
EPS Q/Q Growth	77.78%	-5.66%	25.00%
Operating Cash Flow Q/Q Growth	298.44%	-82.90%	123.61%
Free Cash Flow Firm Q/Q Growth	1,830.94%	-35.98%	68.88%
Invested Capital Q/Q Growth	-14.99%	-2.38%	-3.83%
Profitability Metrics	-	-	-
Gross Margin	12.98%	5.97%	13.94%
EBITDA Margin	5.98%	9.31%	1.26%
Operating Margin	1.19%	5.99%	-3.23%
EBIT Margin	0.68%	4.54%	-3.12%
Profit (Net Income) Margin	-0.26%	5.07%	3.75%
Tax Burden Percent	-135.82%	68.22%	62.13%
Interest Burden Percent	28.01%	163.53%	-193.55%
Effective Tax Rate	235.82%	31.78%	37.87%
Return on Invested Capital (ROIC)	-1.22%	3.84%	-2.42%
ROIC Less NNEP Spread (ROIC-NNEP)	3.79%	-33.85%	-28.21%
Return on Net Nonoperating Assets (RNNOA)	0.97%	0.81%	5.98%
Return on Equity (ROE)	-0.24%	4.65%	3.56%
Cash Return on Invested Capital (CROIC)	16.52%	37.73%	-2.10%
Operating Return on Assets (OROA)	0.33%	2.44%	-1.99%
Return on Assets (ROA)	-0.12%	2.72%	2.39%
Return on Common Equity (ROCE)	-0.21%	4.12%	3.18%
Return on Equity Simple (ROE_SIMPLE)	-0.28%	5.11%	3.96%
Net Operating Profit after Tax (NOPAT)	-2.99	7.36	-3.84
NOPAT Margin	-1.62%	4.09%	-2.00%
Net Nonoperating Expense Percent (NNEP)	-5.01%	37.70%	25.79%
Return On Investment Capital (ROIC_SIMPLE)	-1.04%	3.19%	-1.65%
Cost of Revenue to Revenue	87.02%	94.03%	86.06%
SG&A Expenses to Revenue	11.82%	14.71%	14.34%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	11.78%	-0.03%	17.17%
Earnings before Interest and Taxes (EBIT)	1.25	8.17	-5.97
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	11	17	2.41
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.21	1.42	2.56
Price to Tangible Book Value (P/TBV)	1.27	1.49	2.65
Price to Revenue (P/Rev)	1.11	1.41	2.42
Price to Earnings (P/E)	0.00	28.47	64.15
Dividend Yield	2.60%	2.13%	1.17%
Earnings Yield	0.00%	3.51%	1.56%
Enterprise Value to Invested Capital (EV/IC)	1.16	1.47	2.78
Enterprise Value to Revenue (EV/Rev)	1.40	1.30	2.30
Enterprise Value to EBITDA (EV/EBITDA)	23.43	13.97	182.83
Enterprise Value to EBIT (EV/EBIT)	207.68	28.62	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	31.80	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	17.45	0.00	24.66
Enterprise Value to Free Cash Flow (EV/FCFF)	6.37	3.24	0.00
Leverage & Solvency	-	-	-
Debt to Equity	0.55	0.20	0.20
Long-Term Debt to Equity	0.54	0.20	0.20
Financial Leverage	0.26	-0.02	-0.21
Leverage Ratio	1.95	1.71	1.49
Compound Leverage Factor	0.54	2.79	-2.88
Debt to Total Capital	35.55%	16.98%	16.70%
Short-Term Debt to Total Capital	0.58%	0.16%	0.23%
Long-Term Debt to Total Capital	34.96%	16.82%	16.47%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	7.53%	9.12%	8.79%
Common Equity to Total Capital	56.92%	73.90%	74.52%
Debt to EBITDA	9.58	2.45	16.86
Net Debt to EBITDA	2.91	-2.47	-18.25
Long-Term Debt to EBITDA	9.42	2.43	16.62
Debt to NOPAT	-35.40	5.57	-10.58
Net Debt to NOPAT	-10.74	-5.63	11.45
Long-Term Debt to NOPAT	-34.82	5.52	-10.43
Altman Z-Score	1.26	2.27	3.52
Noncontrolling Interest Sharing Ratio	11.56%	11.33%	10.76%
Liquidity Ratios	-	-	-
Current Ratio	0.96	0.91	0.74
Quick Ratio	0.52	0.67	0.58
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	41	72	-3.33
Operating Cash Flow to CapEx	0.00%	0.00%	213.30%
Free Cash Flow to Firm to Interest Expense	17.73	146.27	-3.46
Operating Cash Flow to Interest Expense	6.47	-32.13	18.58
Operating Cash Flow Less CapEx to Interest Expense	13.94	151.71	9.87
Efficiency Ratios	-	-	-
Asset Turnover	0.49	0.54	0.64
Accounts Receivable Turnover	8.59	9.42	10.70
Inventory Turnover	19.90	30.82	78.27
Fixed Asset Turnover	0.79	0.94	1.19
Accounts Payable Turnover	12.08	16.46	19.22
Days Sales Outstanding (DSO)	42.49	38.76	34.11
Days Inventory Outstanding (DIO)	18.34	11.84	4.66
Days Payable Outstanding (DPO)	30.22	22.17	18.99
Cash Conversion Cycle (CCC)	30.61	28.43	19.78
Capital & Investment Metrics	-	-	-
Invested Capital	224	159	159
Invested Capital Turnover	0.75	0.94	1.21
Increase / (Decrease) in Invested Capital	-44	-65	-0.51
Enterprise Value (EV)	259	234	440
Market Capitalization	204	253	463
Book Value per Share	$9.56	$9.93	$10.03
Tangible Book Value per Share	$9.06	$9.47	$9.66
Total Capital	298	242	243
Total Debt	106	41	41
Total Long-Term Debt	104	41	40
Net Debt	32	-41	-44
Capital Expenditures (CapEx)	-17	-91	8.37
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-0.86	-6.38	-11
Debt-free Net Working Capital (DFNWC)	-0.01	-2.75	-8.40
Net Working Capital (NWC)	-1.74	-3.13	-8.96
Net Nonoperating Expense (NNE)	-2.52	-1.76	-11
Net Nonoperating Obligations (NNO)	32	-41	-44
Total Depreciation and Amortization (D&A)	9.80	8.58	8.37
Debt-free, Cash-free Net Working Capital to Revenue	-0.47%	-3.55%	-5.95%
Debt-free Net Working Capital to Revenue	0.00%	-1.53%	-4.39%
Net Working Capital to Revenue	-0.94%	-1.74%	-4.68%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	($0.04)	$0.50	$0.40
Adjusted Weighted Average Basic Shares Outstanding	17.51M	17.60M	17.72M
Adjusted Diluted Earnings per Share	($0.04)	$0.50	$0.40
Adjusted Weighted Average Diluted Shares Outstanding	17.51M	17.60M	17.72M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	17.68M	17.99M	18.08M
Normalized Net Operating Profit after Tax (NOPAT)	-1.61	-14	-3.75
Normalized NOPAT Margin	-0.87%	-7.71%	-1.96%
Pre Tax Income Margin	0.19%	7.43%	6.03%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	0.54	16.54	-6.21
NOPAT to Interest Expense	-1.30	14.89	-3.99
EBIT Less CapEx to Interest Expense	8.01	200.38	-14.92
NOPAT Less CapEx to Interest Expense	6.16	198.73	-12.70
Payout Ratios	-	-	-
Dividend Payout Ratio	-1,227.00%	64.53%	82.34%
Augmented Payout Ratio	-1,227.00%	64.53%	82.34%

This table displays calculated financial ratios and metrics derived from Limoneira's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	7/31/2022	10/31/2022	1/31/2023	4/30/2023	7/31/2023	10/31/2023	1/31/2024	4/30/2024	7/31/2024	10/31/2024	1/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	19.95%	18.40%	-3.50%	2.82%	-10.91%	4.48%	4.83%	-7.21%	20.59%	5.86%	-13.66%
EBITDA Growth	131.76%	85.88%	464.14%	-131.44%	-98.12%	-1,207.22%	-122.03%	-46.97%	4,258.04%	91.30%	41.41%
EBIT Growth	225.10%	54.26%	343.86%	-237.46%	-115.93%	-228.15%	-133.19%	-22.28%	610.09%	71.44%	30.92%
NOPAT Growth	220.77%	70.75%	368.76%	-252.55%	-114.24%	-413.51%	-130.15%	3.75%	658.25%	71.61%	30.97%
Net Income Growth	131.07%	40.72%	335.15%	-203.69%	-117.06%	-27.92%	-123.67%	502.15%	597.28%	45.72%	16.48%
EPS Growth	100.00%	50.00%	321.05%	-225.00%	-117.50%	-21.43%	-125.00%	450.00%	600.00%	47.06%	14.29%
Operating Cash Flow Growth	-0.66%	154.34%	-159.62%	-60.77%	-51.53%	-183.92%	51.53%	-210.08%	319.49%	300.70%	-25.71%
Free Cash Flow Firm Growth	-67.73%	3,182.17%	3,315.19%	1,010.50%	1,335.87%	37.47%	-105.32%	-98.70%	-95.85%	-102.44%	-31.16%
Invested Capital Growth	0.26%	-16.30%	-38.61%	-37.06%	-38.15%	-28.98%	0.66%	-2.30%	1.19%	-0.32%	2.88%
Revenue Q/Q Growth	26.04%	-32.70%	-4.43%	26.83%	9.21%	-21.08%	-4.11%	12.27%	41.92%	-30.71%	-21.79%
EBITDA Q/Q Growth	163.10%	-104.30%	4,519.07%	-106.29%	115.76%	-3,083.53%	25.54%	58.02%	567.33%	-105.96%	-401.36%
EBIT Q/Q Growth	315.65%	-126.62%	889.42%	-115.74%	51.83%	-448.41%	20.17%	42.02%	300.94%	-130.71%	-93.09%
NOPAT Q/Q Growth	329.75%	-117.34%	1,461.30%	-115.03%	59.89%	-525.56%	20.07%	52.00%	332.63%	-131.81%	-94.33%
Net Income Q/Q Growth	365.97%	-137.75%	661.81%	-110.49%	23.31%	-182.96%	-3.96%	278.27%	-5.17%	-130.89%	-59.95%
EPS Q/Q Growth	400.00%	-135.00%	700.00%	-111.90%	30.00%	-142.86%	-23.53%	266.67%	0.00%	-125.71%	-100.00%
Operating Cash Flow Q/Q Growth	72.51%	-67.62%	-641.81%	112.96%	113.14%	-156.05%	-212.95%	70.56%	912.20%	-73.18%	-296.02%
Free Cash Flow Firm Q/Q Growth	-19.43%	510.64%	190.02%	-22.17%	4.18%	-41.54%	-111.23%	118.95%	233.17%	-134.35%	-504.73%
Invested Capital Q/Q Growth	-0.51%	-14.99%	-25.71%	0.16%	-2.23%	-2.38%	5.30%	-2.79%	1.26%	-3.83%	8.68%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	29.63%	-1.73%	-8.81%	20.56%	10.77%	-3.53%	1.55%	9.35%	28.23%	9.21%	2.35%
EBITDA Margin	22.98%	-1.47%	67.86%	-3.37%	0.49%	-18.36%	-14.26%	-5.33%	17.55%	-1.51%	-9.68%
Operating Margin	18.77%	-4.76%	68.29%	-8.03%	-2.95%	-23.39%	-19.49%	-10.48%	14.21%	-6.27%	-15.58%
EBIT Margin	18.79%	-7.43%	61.40%	-7.62%	-3.36%	-23.35%	-19.44%	-10.04%	14.21%	-6.30%	-15.55%
Profit (Net Income) Margin	12.43%	-6.97%	40.99%	-3.39%	-2.38%	-8.54%	-9.25%	14.70%	9.82%	-4.38%	-8.95%
Tax Burden Percent	68.86%	83.11%	69.47%	64.12%	76.78%	73.28%	46.74%	55.66%	67.31%	120.15%	56.06%
Interest Burden Percent	96.07%	112.86%	96.09%	69.42%	92.29%	49.90%	101.86%	-263.00%	102.63%	57.84%	102.68%
Effective Tax Rate	31.14%	0.00%	30.53%	0.00%	0.00%	0.00%	0.00%	44.34%	32.69%	0.00%	0.00%
Return on Invested Capital (ROIC)	8.77%	-2.50%	39.75%	-4.81%	-1.73%	-15.38%	-14.85%	-6.31%	11.03%	-5.29%	-11.95%
ROIC Less NNEP Spread (ROIC-NNEP)	8.30%	-5.38%	25.81%	1.90%	-3.13%	-84.87%	-19.70%	-29.51%	10.64%	-5.31%	-14.50%
Return on Net Nonoperating Assets (RNNOA)	2.61%	-1.38%	2.25%	0.15%	-0.18%	2.02%	3.49%	5.70%	-2.17%	1.12%	1.94%
Return on Equity (ROE)	11.38%	-3.88%	42.00%	-4.66%	-1.91%	-13.36%	-11.36%	-0.61%	8.86%	-4.17%	-10.00%
Cash Return on Invested Capital (CROIC)	-0.89%	16.52%	59.51%	55.33%	52.94%	37.73%	-10.24%	-7.72%	-6.53%	-2.10%	-4.08%
Operating Return on Assets (OROA)	8.58%	-3.61%	31.47%	-3.98%	-1.70%	-12.54%	-11.38%	-5.61%	8.67%	-4.02%	-9.63%
Return on Assets (ROA)	5.68%	-3.38%	21.01%	-1.77%	-1.20%	-4.59%	-5.42%	8.21%	5.99%	-2.79%	-5.54%
Return on Common Equity (ROCE)	10.09%	-3.43%	37.31%	-4.14%	-1.70%	-11.85%	-10.13%	-0.54%	7.92%	-3.72%	-8.90%
Return on Equity Simple (ROE_SIMPLE)	-1.36%	0.00%	11.49%	9.90%	5.37%	0.00%	-5.83%	-1.07%	3.02%	0.00%	4.42%
Net Operating Profit after Tax (NOPAT)	7.62	-1.32	18	-2.70	-1.08	-6.78	-5.42	-2.60	6.05	-1.93	-3.74
NOPAT Margin	12.92%	-3.33%	47.44%	-5.62%	-2.07%	-16.37%	-13.65%	-5.83%	9.56%	-4.39%	-10.91%
Net Nonoperating Expense Percent (NNEP)	0.46%	2.88%	13.93%	-6.71%	1.40%	69.49%	4.85%	23.20%	0.39%	0.01%	2.55%
Return On Investment Capital (ROIC_SIMPLE)	-	-0.46%	-	-	-	-2.94%	-2.29%	-	-	-0.83%	-1.53%
Cost of Revenue to Revenue	70.37%	101.73%	108.81%	79.44%	89.23%	103.53%	98.45%	90.65%	71.77%	90.79%	97.65%
SG&A Expenses to Revenue	8.54%	12.76%	24.48%	12.49%	8.80%	15.80%	18.49%	16.52%	11.05%	13.13%	18.87%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	10.86%	3.03%	-77.11%	28.59%	13.72%	19.86%	21.05%	19.83%	14.02%	15.49%	17.93%
Earnings before Interest and Taxes (EBIT)	11	-2.95	23	-3.66	-1.76	-9.67	-7.72	-4.48	9.00	-2.76	-5.34
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	14	-0.58	26	-1.62	0.26	-7.61	-5.67	-2.38	11	-0.66	-3.32
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.24	1.21	1.20	1.56	1.49	1.42	1.86	1.99	2.15	2.56	2.37
Price to Tangible Book Value (P/TBV)	1.31	1.27	1.26	1.64	1.56	1.49	1.95	2.08	2.24	2.65	2.46
Price to Revenue (P/Rev)	1.21	1.11	1.24	1.58	1.54	1.41	1.77	1.99	2.10	2.42	2.24
Price to Earnings (P/E)	0.00	0.00	10.57	15.99	28.30	28.47	0.00	0.00	70.65	64.15	53.97
Dividend Yield	2.46%	2.60%	2.34%	1.83%	1.96%	2.13%	1.68%	1.52%	1.36%	1.17%	1.30%
Earnings Yield	0.00%	0.00%	9.46%	6.25%	3.53%	3.51%	0.00%	0.00%	1.42%	1.56%	1.85%
Enterprise Value to Invested Capital (EV/IC)	1.16	1.16	1.23	1.63	1.56	1.47	1.89	2.09	2.29	2.78	2.40
Enterprise Value to Revenue (EV/Rev)	1.71	1.40	1.11	1.47	1.42	1.30	1.74	1.91	2.00	2.30	2.22
Enterprise Value to EBITDA (EV/EBITDA)	40.76	23.43	4.66	7.34	10.66	13.97	0.00	0.00	0.00	182.83	86.93
Enterprise Value to EBIT (EV/EBIT)	0.00	207.68	5.99	9.80	17.01	28.62	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	8.00	12.81	20.49	31.80	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	82.17	17.45	113.25	0.00	0.00	0.00	0.00	0.00	47.30	24.66	27.17
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	6.37	1.57	2.28	2.25	3.24	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.67	0.55	0.20	0.20	0.20	0.20	0.27	0.30	0.20	0.20	0.29
Long-Term Debt to Equity	0.66	0.54	0.19	0.20	0.20	0.20	0.26	0.30	0.19	0.20	0.29
Financial Leverage	0.31	0.26	0.09	0.08	0.06	-0.02	-0.18	-0.19	-0.20	-0.21	-0.13
Leverage Ratio	1.95	1.95	1.78	1.77	1.75	1.71	1.53	1.56	1.51	1.49	1.53
Compound Leverage Factor	1.88	2.20	1.71	1.23	1.62	0.85	1.56	-4.11	1.54	0.86	1.57
Debt to Total Capital	40.28%	35.55%	16.40%	16.52%	16.64%	16.98%	21.08%	23.14%	16.50%	16.70%	22.70%
Short-Term Debt to Total Capital	1.08%	0.58%	0.18%	0.18%	0.18%	0.16%	0.27%	0.24%	0.24%	0.23%	0.04%
Long-Term Debt to Total Capital	39.20%	34.96%	16.22%	16.34%	16.47%	16.82%	20.81%	22.90%	16.26%	16.47%	22.67%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	6.87%	7.53%	8.82%	8.89%	8.95%	9.12%	8.85%	8.41%	8.72%	8.79%	8.35%
Common Equity to Total Capital	52.84%	56.92%	74.78%	74.59%	74.41%	73.90%	70.07%	68.45%	74.78%	74.52%	68.95%
Debt to EBITDA	17.67	9.58	0.94	1.11	1.73	2.45	-3.56	-3.91	-8.96	16.86	12.19
Net Debt to EBITDA	8.92	2.91	-1.01	-1.13	-1.82	-2.47	1.88	2.40	9.00	-18.25	-5.27
Long-Term Debt to EBITDA	17.19	9.42	0.93	1.10	1.71	2.43	-3.51	-3.86	-8.83	16.62	12.17
Debt to NOPAT	-80.14	-35.40	1.62	1.94	3.33	5.57	-3.26	-3.63	-4.64	-10.58	-27.48
Net Debt to NOPAT	-40.47	-10.74	-1.74	-1.98	-3.50	-5.63	1.72	2.23	4.66	11.45	11.87
Long-Term Debt to NOPAT	-77.99	-34.82	1.60	1.92	3.29	5.52	-3.21	-3.59	-4.57	-10.43	-27.43
Altman Z-Score	1.29	1.22	2.18	2.31	2.23	2.08	2.42	2.32	3.16	3.56	3.05
Noncontrolling Interest Sharing Ratio	11.29%	11.56%	11.17%	11.25%	11.11%	11.33%	10.87%	10.79%	10.59%	10.76%	11.01%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.11	0.96	1.08	1.18	1.15	0.91	0.92	0.93	0.93	0.74	1.05
Quick Ratio	0.63	0.52	0.87	0.80	0.92	0.67	0.66	0.72	0.70	0.58	0.77
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	6.92	42	123	95	99	58	-6.53	1.24	4.12	-1.42	-8.56
Operating Cash Flow to CapEx	264.83%	0.00%	0.00%	75.30%	166.19%	-247.51%	-704.94%	-228.74%	820.89%	253.44%	-329.39%
Free Cash Flow to Firm to Interest Expense	8.97	40.73	104.62	0.00	412.51	754.78	-31.53	3.52	15.10	-10.89	-32.93
Operating Cash Flow to Interest Expense	15.65	3.77	-18.08	0.00	24.29	-42.62	-49.62	-8.62	89.97	50.67	-49.66
Operating Cash Flow Less CapEx to Interest Expense	9.74	27.54	66.66	0.00	9.68	-59.84	-56.66	-12.38	79.01	30.68	-64.74
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.46	0.49	0.51	0.52	0.50	0.54	0.59	0.56	0.61	0.64	0.62
Accounts Receivable Turnover	8.12	8.59	7.83	7.61	7.72	9.42	8.85	7.67	7.75	10.70	9.33
Inventory Turnover	26.33	19.90	41.47	57.56	37.26	30.82	60.91	54.84	56.72	78.27	67.64
Fixed Asset Turnover	0.73	0.79	0.89	0.92	0.88	0.94	1.10	1.10	1.17	1.19	1.15
Accounts Payable Turnover	10.24	12.08	10.47	10.20	14.01	16.46	14.01	14.29	20.47	19.22	16.86
Days Sales Outstanding (DSO)	44.96	42.49	46.62	47.96	47.28	38.76	41.26	47.57	47.10	34.11	39.14
Days Inventory Outstanding (DIO)	13.86	18.34	8.80	6.34	9.80	11.84	5.99	6.66	6.44	4.66	5.40
Days Payable Outstanding (DPO)	35.66	30.22	34.88	35.77	26.05	22.17	26.05	25.55	17.83	18.99	21.65
Cash Conversion Cycle (CCC)	23.16	30.61	20.54	18.53	31.03	28.43	21.21	28.68	35.70	19.78	22.89
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	263	224	166	167	163	159	167	163	165	159	172
Invested Capital Turnover	0.68	0.75	0.84	0.86	0.84	0.94	1.09	1.08	1.15	1.21	1.10
Increase / (Decrease) in Invested Capital	0.69	-44	-105	-98	-100	-65	1.11	-3.84	1.93	-0.51	4.82
Enterprise Value (EV)	306	259	204	272	253	234	316	340	378	440	413
Market Capitalization	216	204	226	292	275	253	322	355	397	463	417
Book Value per Share	$9.81	$9.56	$10.67	$10.46	$10.24	$9.93	$9.82	$9.88	$10.23	$10.03	$9.73
Tangible Book Value per Share	$9.30	$9.06	$10.16	$9.96	$9.76	$9.47	$9.37	$9.45	$9.85	$9.66	$9.39
Total Capital	329	298	252	250	247	242	247	260	246	243	255
Total Debt	133	106	41	41	41	41	52	60	41	41	58
Total Long-Term Debt	129	104	41	41	41	41	51	60	40	40	58
Net Debt	67	32	-44	-42	-43	-41	-28	-37	-41	-44	-25
Capital Expenditures (CapEx)	4.56	-25	-99	3.65	3.52	1.33	1.46	1.32	2.99	2.60	3.92
Debt-free, Cash-free Net Working Capital (DFCFNWC)	6.92	-0.86	-8.84	-2.42	-4.83	-6.38	-2.21	-3.47	-3.23	-11	0.22
Debt-free Net Working Capital (DFNWC)	7.92	-0.01	3.63	7.42	6.18	-2.75	-1.69	-2.07	-2.14	-8.40	1.35
Net Working Capital (NWC)	4.36	-1.74	3.18	6.97	5.74	-3.13	-2.35	-2.69	-2.73	-8.96	1.25
Net Nonoperating Expense (NNE)	0.29	1.44	2.45	-1.07	0.17	-3.25	-1.74	-9.16	-0.16	-0.01	-0.67
Net Nonoperating Obligations (NNO)	67	32	-44	-42	-43	-41	-28	-37	-41	-44	-25
Total Depreciation and Amortization (D&A)	2.47	2.37	2.45	2.04	2.02	2.07	2.06	2.10	2.12	2.10	2.02
Debt-free, Cash-free Net Working Capital to Revenue	3.88%	-0.47%	-4.82%	-1.31%	-2.71%	-3.55%	-1.22%	-1.95%	-1.71%	-5.95%	0.12%
Debt-free Net Working Capital to Revenue	4.44%	0.00%	1.98%	4.02%	3.47%	-1.53%	-0.93%	-1.16%	-1.13%	-4.39%	0.72%
Net Working Capital to Revenue	2.45%	-0.94%	1.73%	3.78%	3.22%	-1.74%	-1.30%	-1.51%	-1.44%	-4.68%	0.67%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.41	($0.15)	$0.87	($0.10)	($0.07)	($0.20)	($0.21)	$0.36	$0.36	($0.11)	($0.18)
Adjusted Weighted Average Basic Shares Outstanding	17.53M	17.51M	17.57M	17.60M	17.62M	17.60M	17.63M	17.71M	17.76M	17.72M	17.79M
Adjusted Diluted Earnings per Share	$0.40	($0.14)	$0.84	($0.10)	($0.07)	($0.17)	($0.21)	$0.35	$0.35	($0.09)	($0.18)
Adjusted Weighted Average Diluted Shares Outstanding	18.33M	17.51M	18.38M	17.60M	17.62M	17.60M	17.63M	18.36M	18.36M	17.72M	17.79M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	17.72M	17.68M	17.83M	17.98M	17.98M	17.99M	18.00M	18.01M	18.05M	18.08M	18.05M
Normalized Net Operating Profit after Tax (NOPAT)	7.78	-4.82	-9.63	2.01	-0.00	-6.54	-5.54	-2.58	6.48	-2.19	-3.75
Normalized NOPAT Margin	13.21%	-12.16%	-25.40%	4.18%	-0.01%	-15.78%	-13.94%	-5.77%	10.23%	-4.99%	-10.92%
Pre Tax Income Margin	18.05%	-8.39%	59.00%	-5.29%	-3.10%	-11.65%	-19.80%	26.40%	14.59%	-3.64%	-15.97%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	14.34	-2.84	19.86	0.00	-7.32	-125.64	-37.31	-12.76	32.96	-21.25	-20.52
NOPAT to Interest Expense	9.86	-1.27	15.34	0.00	-4.50	-88.09	-26.19	-7.41	22.17	-14.81	-14.39
EBIT Less CapEx to Interest Expense	8.44	20.93	104.60	0.00	-21.94	-142.86	-44.35	-16.52	22.00	-41.25	-35.60
NOPAT Less CapEx to Interest Expense	3.96	22.50	100.08	0.00	-19.12	-105.31	-33.23	-11.18	11.21	-34.81	-29.47
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	-244.63%	-1,227.00%	26.89%	31.67%	59.38%	64.53%	-58.41%	-308.85%	106.19%	82.34%	75.96%
Augmented Payout Ratio	-244.63%	-1,227.00%	26.89%	31.67%	59.38%	64.53%	-58.41%	-308.85%	106.19%	82.34%	75.96%

Key Financial Trends

Here are some key takeaways from Limoneira’s Q1 2025 results and recent trends:

Net loss narrowed to –$3.07 M in Q1 2025 from –$3.71 M a year ago, reflecting modest operating improvement.
Cash & equivalents rose to $1.13 M vs. $0.53 M in Q1 2024, strengthening liquidity.
Net debt flipped to a net cash position of –$25.04 M, lowering financial risk.
Current ratio improved to 1.05 from 0.92, enhancing coverage of short-term liabilities.
Raised $41.04 M of new debt in Q1 2025, providing funding for growth initiatives.
Dividend yield remains around 1.3%, unchanged from recent quarters.
Valuation multiples (P/B ~2.37×, P/Rev ~2.24×, P/E ~54×) are in line with historical averages.
Book value per share stands at $9.73, slightly below last year’s $9.82.
Revenue fell 13.7% YoY to $34.3 M, extending a multi-quarter downturn.
Gross margin remains very thin at 2.35%, limiting operating leverage.
Operating income continues negative at –$5.35 M, albeit better than prior year.
Free cash flow to firm worsened to –$8.56 M, driven by higher capital expenditures.
A working capital outflow of –$11.67 M in Q1 2025 indicates continued cash burn in operations.

06/24/25 09:51 PMAI Generated. May Contain Errors.

Frequently Asked Questions About Limoneira's Financials

When does Limoneira's financial year end?

According to the most recent income statement we have on file, Limoneira's fiscal year ends in October. Their fiscal year 2024 ended on October 31, 2024.

How has Limoneira's net income changed over the last 2 years?

Limoneira's net income appears to be on an upward trend, with a most recent value of $7.17 million in 2024, falling from -$474 thousand in 2022. The previous period was $9.12 million in 2023. See where experts think Limoneira is headed by visiting Limoneira's forecast page.

What is Limoneira's operating income?

Limoneira's total operating income in 2024 was -$6.18 million, based on the following breakdown:

Total Gross Profit: $26.70 million
Total Operating Expenses: $32.87 million

How has Limoneira's revenue changed over the last 2 years?

Over the last 2 years, Limoneira's total revenue changed from $184.61 million in 2022 to $191.50 million in 2024, a change of 3.7%.

How much debt does Limoneira have?

Limoneira's total liabilities were at $96.31 million at the end of 2024, a 4.4% decrease from 2023, and a 45.5% decrease since 2022.

How much cash does Limoneira have?

In the past 2 years, Limoneira's cash and equivalents has ranged from $857 thousand in 2022 to $3.63 million in 2023, and is currently $3.00 million as of their latest financial filing in 2024.

How has Limoneira's book value per share changed over the last 2 years?

Over the last 2 years, Limoneira's book value per share changed from 9.56 in 2022 to 10.03 in 2024, a change of 4.9%.

Related Companies

This page (NASDAQ:LMNR) was last updated on 6/24/2025 by MarketBeat.com Staff

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