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Alico, Inc.

United States · NASDAQ: ALCO · Market cap: · P/E: · P/S:

Alico owns and manages land in Florida, mostly growing citrus for juice makers and leasing out the rest for grazing, hunting, and other uses.

Alico is a Florida land company that grows oranges and grapefruit and sells them to juice processors. That is the heart of it: it owns a large chunk of land in one of the warmest, wettest parts of the United States, and it turns sunshine and soil into fruit that gets squeezed into your morning glass of orange juice.

Alico, Inc. (ALCO) Oranges: line art illustration of A single round orange with a small green leaf and stem
Florida oranges
Alico Citrus grows oranges in Florida groves for fresh and processed sales.

The citrus business is the loudest part, but the land is the real story. Alico owns tens of thousands of acres across Florida, and not all of it is grove. It leases land to ranchers for cattle grazing, to hunters, to conservation groups, and to miners. Those leases bring in steadier, quieter money than farming, and they don't depend on the weather or the juice market. The mix matters because citrus is a brutally tough business: diseases like greening have ravaged Florida groves for years, and prices swing hard. Alico's customers are the big juice companies that buy fruit by the ton, plus the ranchers and others who rent its land. The company doesn't sell orange juice to shoppers; it sells the raw fruit that goes into the bottle. Competition comes from other large Florida growers and from Brazil, which dominates the global orange juice trade. Alico's edge is simple: it owns a lot of land, and land doesn't disappear. Its vulnerability is just as simple: bad weather, disease, and a shrinking Florida citrus industry can hurt the fruit side badly.


The company has been trimming its citrus footprint in recent years, reflecting how hard Florida growing has become, while leaning more on its land and leasing. That shift tells you a lot about the business: the trees are risky, but the dirt underneath them is the durable asset. Alico is, at bottom, a bet on Florida land and the many ways it can be used.

Saved answer · last researched 15 Nov 2026