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Maui Land & Pineapple Company MLP · USD

Real Estate · US listing · 🇺🇸 United States

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15.64

+2.49%

Close of 9 Nov 2026, in USD

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About Maui Land & Pineapple Company

From its filings with the US Securities and Exchange Commission

SEC filings

Maui Land & Pineapple Company is based in Lahaina, Hawaii and is incorporated in Hawaii. Its shares trade on NYSE under the ticker MLP. The SEC classifies its business as real estate. In the fiscal year to 31 December 2025, it reported revenue of $19.5m and a net loss of $10.6m. At that date it held total assets of $48.0m and shareholders' equity of $33.1m.

In its own words

Our land development and sales operations consist of land planning and entitlement, development, development related construction, and sales activities.

Our leasing operations include commercial, agricultural, and industrial land and property leases, licensing of our registered trademarks and trade names, management of potable and non-potable water systems in West and Upcountry Maui, and stewardship of conservation areas.

Our resort amenities operations include the operations of the Kapalua Club, a private, non-equity club, providing its members special programs, access, and other privileges at certain amenities in the Kapalua Resort.

Revenues from our Land Development and Sales segment totaled approximately $5,811,000, or 30% of our total operating revenues for the year ended December 31, 2025.

Real Estate Planning and Entitlements – In certain cases we must obtain appropriate entitlements and approvals for the land we intend to develop. Securing proper land entitlements is a process that may require county, state, and federal approvals, which can take years to complete and entails a variety of risks. The entitlement process requires that we satisfy certain conditions and restrictions in connection with such governmental approvals, including, among other things, infrastructure improvements and impact fees in the form of dedicated land for schools and public parks, provide traffic mitigation measures, restrictions on permitted uses of the land, and provisions of affordable housing.

Quoted from its 10-K, filed 1 Apr 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Real Estate
Industry
Real Estate Management & Development
Listed since
27 Oct 1993
Employees
20
Head office
500 OFFICE ROAD, LAHAINA, HI, 96761
Incorporated in
HI
Classification
Real Estate
Filer status
Non-accelerated filer<br>Smaller reporting company

Leadership

Pay as last reported

  • Mr. R. Scot SellersIndependent Chairman of the Board$215,000
  • Mr. Race RandleChief Executive Officer$1.1m
  • Mr. Wade KodamaChief Financial Officer, Treasurer (Principal Financial Officer and Principal Accounting Officer)$357,300
  • Mr. Jonathan GrobeVice President - Real Estate
  • Ms. Glyn AeppelIndependent Director$112,426
  • Mr. Stephen CaseIndependent Director$112,426
  • Ms. A. Catherine NgoIndependent Director
  • Mr. Ken OtaIndependent Director
  • Mr. John SabinIndependent Director$112,426
  • Mr. Anthony TakitaniIndependent Director$112,426

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
30
Environment
33
Social
25
Governance
33
Carbon reduction policy
No
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Maui Land & Pineapple Company Inc. possesses several strengths that contribute to its success:

Weaknesses

  • Despite its strengths, Maui Land & Pineapple Company Inc. faces certain weaknesses:

Opportunities

  • Maui Land & Pineapple Company Inc. can leverage the following opportunities:

Threats

  • Maui Land & Pineapple Company Inc. must be cautious of the following threats:

Sources and methodology

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