Maui Land & Pineapple
Once one of the world's largest pineapple growers, now a landowner of about 22,000 acres on Maui.
- Headquarters
- Maui
- Industry
- Land
- Ticker
- MLP
$1,000 invested in Jan 2005 is worth $351 today, against $9,681 in the S&P 500.
- Growth per year
- -4.7%
- S&P 500 +11.0%
- Worst drop
- -95%
- Feb 2005 to Oct 2012
- Volatility
- 45%
- S&P 500 15%
- Worst year
- -59%
- 2009
Monthly prices with dividends reinvested, Jan 2005 to Oct 2026. Updated 2026-10-21.
How it makes money
- Owns about 22,000 acres on Maui and earns money by leasing, selling and developing land.
- Collects rent from commercial properties and resort-area land around Kapalua.
What moves the stock
- Land sales, which are large and irregular, so results jump around from year to year.
- Maui real estate demand and tourism.
- Zoning, water and permitting decisions on Maui.
The Hawaiʻi connection
The company once ran one of the largest pineapple operations in the world. It stopped growing pineapple at the end of 2009, a turning point in Hawaiʻi's long shift away from plantation agriculture. Today it is a landowner whose fortunes ride on Maui itself.
Moments that moved it
Sep 2008
Real estate and resort demand fell in the financial crisis.
Dec 2009
The company shut down its pineapple operation at the end of 2009.
Aug 2023
The Lahaina fire devastated West Maui, near the company's Kapalua lands.
Keep digging
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