Maui Land & Pineapple Company, Inc. logo

Maui Land & Pineapple Company, Inc.

MLP

NYSEReal EstateReal Estate - Development

Previous close

$15.66

+$0.08 · +0.51%

Aug 21, 4:00 PM ET

MLP company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

18

Overpriced

Momentum

35

Weakening

Sentiment

61

Bullish

Risk resilience

49

Elevated Risk

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Company profile

Company website

Maui Land & Pineapple Company, Inc. (MLP), established in 1909 and headquartered in Lahaina, Hawaii, operates as a real estate enterprise involved in the development, management, and sale of various property types—including residential, resort, commercial, agricultural, and industrial—across the United States. The company's activities are organized into three primary divisions: Real Estate, Leasing, and Resort Amenities. The Real Estate segment focuses on the entire lifecycle of land development, encompassing planning, obtaining necessary permits, developing, and selling its land holdings on Maui. This division also offers licensed general brokerage services for properties located within the Kapalua Resort and its surrounding regions. The Leasing segment manages the rental of commercial, agricultural, and industrial land and facilities. Additionally, it handles the licensing of the company's proprietary trademarks and brand names, provides land stewardship and conservation services, and operates essential water infrastructure, including canals, reservoirs, and well systems that supply both potable and non-potable water to areas in West and Upcountry Maui. The Resort Amenities segment is responsible for overseeing the operations of the Kapalua Club. This exclusive, non-equity club program grants its members unique benefits, preferred access, and other privileges at various amenities situated within the Kapalua Resort. Overall, Maui Land & Pineapple Company owns roughly 23,000 acres of land on the island of Maui, Hawaii.

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
US
CEO
Race A. Randle
Listed since
Apr 25, 1994
Employees
20

Market position

Day range

Current $15.66

52-week range

Current $15.66

Open
$15.69
Previous close
$15.58
Volume
19.64K
1.12× average
Average volume
17.48K
Average daily volume
Market cap
311.08M USD
Beta
0.67
Market reference 1
50-day average
$17.1266
-8.56% below average
200-day average
$16.4837
-5.00% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
337.87M USD
EV / EBITDA
-38×
Earnings yield
-3.13%
Free cash flow yield
-0.14%

Profitability & efficiency

Return on equity
-32.00%
Return on assets
-22.05%
Return on invested capital
-11.15%

Financial health

Current ratio
1.24×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends84%30%-24%-77%Gross margin, FY2021: 54.99%Gross margin, FY2022: 70.56%Gross margin, FY2023: 29.52%Gross margin, FY2024: 34.40%Gross margin, FY2025: 29.04%Operating margin, FY2021: 13.16%Operating margin, FY2022: 45.83%Operating margin, FY2023: -53.51%Operating margin, FY2024: -63.59%Operating margin, FY2025: -23.37%Net margin, FY2021: -27.49%Net margin, FY2022: 8.53%Net margin, FY2023: -33.16%Net margin, FY2024: -63.91%Net margin, FY2025: -54.37%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 54.99%. Gross margin FY2022 70.56%. Gross margin FY2023 29.52%. Gross margin FY2024 34.40%. Gross margin FY2025 29.04%. Operating margin FY2021 13.16%. Operating margin FY2022 45.83%. Operating margin FY2023 -53.51%. Operating margin FY2024 -63.59%. Operating margin FY2025 -23.37%. Net margin FY2021 -27.49%. Net margin FY2022 8.53%. Net margin FY2023 -33.16%. Net margin FY2024 -63.91%. Net margin FY2025 -54.37%.

Income trends

Revenue

19.46M USD+68.24%

Operating income

−4.55M USD+38.17%

Net income

−10.58M USD-43.13%
Income trends across reported periods24.11M USD11.5M USD−1.12M USD−13.73M USDRevenue, FY2021: 12.44M USDRevenue, FY2022: 20.96M USDRevenue, FY2023: 9.29M USDRevenue, FY2024: 11.57M USDRevenue, FY2025: 19.46M USDOperating income, FY2021: 1.64M USDOperating income, FY2022: 9.61M USDOperating income, FY2023: −4.97M USDOperating income, FY2024: −7.35M USDOperating income, FY2025: −4.55M USDNet income, FY2021: −3.42M USDNet income, FY2022: 1.79M USDNet income, FY2023: −3.08M USDNet income, FY2024: −7.39M USDNet income, FY2025: −10.58M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 12.44M USD. Revenue FY2022 20.96M USD. Revenue FY2023 9.29M USD. Revenue FY2024 11.57M USD. Revenue FY2025 19.46M USD. Operating income FY2021 1.64M USD. Operating income FY2022 9.61M USD. Operating income FY2023 −4.97M USD. Operating income FY2024 −7.35M USD. Operating income FY2025 −4.55M USD. Net income FY2021 −3.42M USD. Net income FY2022 1.79M USD. Net income FY2023 −3.08M USD. Net income FY2024 −7.39M USD. Net income FY2025 −10.58M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue19.46M USD11.57M USD9.29M USD20.96M USD12.44M USD
Cost of goods sold13.81M USD7.59M USD6.55M USD6.17M USD5.6M USD
Gross profit5.65M USD3.98M USD2.74M USD14.79M USD6.84M USD
Selling, general, and administrative4.74M USD10.61M USD7.28M USD4.07M USD8.75M USD
Operating expenses10.2M USD11.33M USD7.71M USD5.18M USD5.21M USD
Interest expense553K USD796K USD789K USD6K USD122K USD
Depreciation and amortization1.14M USD723K USD785K USD1.12M USD1.3M USD
Operating income−4.55M USD−7.35M USD−4.97M USD9.61M USD1.64M USD
Net income−10.58M USD−7.39M USD−3.08M USD1.79M USD−3.42M USD

Company facts updated Aug 24, 2026.

MLP news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.125

2001 complete year0.0% since 1999

Corporate action history

Dividend

Ex-dividend Mar 8, 2001

$0.125

Annual

Dividend

Ex-dividend Mar 8, 2000

$0.125

Annual

Record Mar 10, 2000 · Payment Mar 31, 2000

Dividend

Ex-dividend Mar 4, 1999

$0.125

Annual

Record Mar 8, 1999 · Payment Mar 24, 1999

MLP peers

ETFs holding MLP

Funds reporting this stock among their holdings, ordered by reported position size.

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