Limoneira (LMNR) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Limoneira

NasdaqGS•Consumer Defensive•Farm Products

$14.99-0.01(<0.01%)Market closed

Market Cap

$230.63M

P/S

1.8x

P/B

1.5x

Limoneira Company operates as an agribusiness company in the United States and internationally. The company operates through four segments: Fresh Lemons, Lemon Packing, Avocados, and Other Agribusiness. It produces, processes, harvests, and packs oranges, specialty citrus, and wine grapes. The company also rents residential housing units and commercial office buildings, as well as leases land to third-party agricultural tenants. In addition, it is involved in the organic recycling operations; provision of farm management services; and development of land parcels, multi-family housing, and single-family homes. The company markets and sells its lemons directly to food service, wholesale, and retail customers; avocados, oranges, specialty citrus, and other crops to third-party packing houses; and wine grapes to wine producers. Limoneira Company was founded in 1893 and is headquartered in Santa Paula, California.

How this company scores

WeakMetricSide Score: 22/100

Grade capped at D — Interest coverage below 1× (-10.4x) — earnings cannot cover interest. Strongest: Cash & Earnings Quality (8/25); weakest: Profitability (3/25).

Profitability3/25

Growth4/25

Balance Sheet & Red Flags7/25

Cash & Earnings Quality8/25

Strengths

Improving margins

Grade capped at D

Interest coverage below 1× (-10.4x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 49.9x5y range 10.2x – 64.1x

Currently above its 7-quarter median.

P/S · 1.8x5y range 1.1x – 2.4x

Currently near its 20-quarter median.

P/B · 1.5x5y range 1.1x – 2.4x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 6 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $230.63M

Metrics at a Glance

as of July 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $128.76M
Q. Revenue: $43.81M
TTM EBITDA: $-37.57M
TTM Op. Income: $-46.29M
Q. Op. Income: $-2.96M
TTM Net Income: $-42.53M
Q. Net Income: $-2.99M
EPS: $-0.17
Shares Out.: $17.96M

$128.76M in TTM revenue declined 19.9% YoY, reaching $43.81M last quarter. TTM EBITDA of $-37.57M and TTM operating income of $-46.29M show growth is flowing through to the bottom line. However, net income is negative at $42.53M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has fallen for 7 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: -2.3%
Op. Margin: -6.8%
Net Margin: -6.8%

Op. margin of -6.8% is down 5.4% YoY — costs are rising relative to revenue. Net margin at -6.8% Over the past year, operating margin is down 409% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 1.8x
P/B Ratio: 1.5x

P/S of 1.8x and P/B of 1.5x. P/S is low relative to typical market levels. Over the past year, P/E is up 0% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $299.35M
Cash: $2.21M
Long-Term Debt: $100.68M
Book Value: $150.51M
D/E Ratio: 0.7
Debt/EBITDA: N/A

With $299.35M in assets and $100.68M in long-term debt, D/E is 0.7and book value is $150.51M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has risen for 5 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $316,000
TTM Free Cash Flow: $-31.04M
FCF Margin: -24.1%
FCF / Net Income: 0.7

TTM FCF of $-31.04M on $316,000 in operating cash flow. The FCF / Net Income ratio of 0.7x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 145% — an improving trend.