Alico Inc

NASDAQ ALCO

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Alico Inc Operating Expense Ratio 1 year YoY Change (%) for the quarter ending March 31, 2024: 2.31%

Alico Inc Operating Expense Ratio 1 year YoY Change (%) is 2.31% for the quarter ending March 31, 2024, a -98.41% change year over year. The operating expense ratio represents the proportion of a company's operating expenses to its revenue. It is calculated by dividing the operating expenses by the revenue. This ratio provides insights into the efficiency of a company's cost structure and its ability to control operating expenses relative to its revenue generation. A lower ratio indicates higher operational efficiency and cost management, while a higher ratio suggests higher operating expenses relative to revenue. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.

Alico Inc Operating Expense Ratio for the quarter ending March 31, 2023 was 12.52%, a 144.97% change year over year.
Alico Inc Operating Expense Ratio for the quarter ending March 31, 2022 was 5.11%, a 7.81% change year over year.
Alico Inc Operating Expense Ratio for the quarter ending March 31, 2021 was 4.74%, a -18.88% change year over year.
Alico Inc Operating Expense Ratio for the quarter ending March 31, 2020 was 5.85%, a -39.05% change year over year.

NASDAQ: ALCO

Alico Inc

CEO	Mr. George R. Brokaw
IPO Date	May 3, 1973
Location	United States
Headquarters	10070 Daniels Interstate Court, Fort Myers, FL, United States, 33913
Employees	194
Sector	Consumer Defensive
Industry	Farm products

Description

Alico, Inc., together with its subsidiaries, operates as an agribusiness and land management company in the United States. The company operates in two segments, Alico Citrus, and Land Management and Other Operations. The Alico Citrus segment engages in planting, owning, cultivating, and/or managing citrus groves to produce fruit for sale to fresh and processed citrus markets, including activities related to the purchase and resale of fruit and value-added services, which include contracting for the harvesting, marketing, and hauling of citrus. The Land Management and Other Operations segment is involved in the activities related to native plant sales, grazing and hunting leasing, management, and/or conservation of unimproved native pastureland; and activities related to rock mining royalties and other insignificant lines of business, as well as in the activities related to owning and/or leasing improved farmland. The company was incorporated in 1960 and is based in Fort Myers, Florida.

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