Five Point Holdings, LLCFPH

NYSEReal EstateReal Estate
Price (close)
$4.63
Market cap
—
P/E
—
Revenue (TTM)
$116.9M
Net income
$53.0M
Dividend yield
—
1-year total return
-22.7%
Net margin
45.3%
Revenue growth
-40.8%
Debt / equity
—

What Five Point Holdings, LLC does.

We are an owner and developer of mixed-use planned communities in California. Our three existing communities have the general plan and zoning approvals necessary for the construction of thousands of homesites and millions of square feet of commercial space, and they represent a significant portion of the real estate available for development in three major markets in California—Los Angeles County, San Francisco County and Orange County. In total, our communities consist of up to approximately 20 million square feet of built or planned commercial space and approximately 40,000 homes built or planned. We also operate a residential asset management platform providing capital solutions to the U.S. homebuilding industry.

In 2009, our company was formed as a limited liability company to acquire ownership through the operating company of Newhall Land & Farming, which is developing our Valencia community. In May 2016, we completed the formation transactions in which we acquired an interest in the San Francisco Venture, which is developing our Candlestick and The San Francisco Shipyard communities, a 37.5% percentage interest in the Great Park Venture, which is developing Great Park Neighborhoods, and the management company that has been the development manager of Great Park Neighborhoods since 2010.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$153.6M$224.4M$42.7M$211.7M$237.9M$110.0M
Net income-$428,000$6.6M-$15.4M$55.4M$68.3M$71.0M
Free cash flow-$80.6M-$81.6M-$188.4M$154.1M$115.2M$105.0M

More on FPH.

Figures from Five Point Holdings, LLC's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.