Frp Holdings, Inc.FRPH

NasdaqReal EstateReal Estate
Price (close)
$21.08
Market cap
$404.7M
P/E
4215.6x
Revenue (TTM)
$43.4M
Net income
$96,000
Dividend yield
—
1-year total return
-13.3%
Net margin
0.2%
Revenue growth
2.5%
Debt / equity
0.50x

What Frp Holdings, Inc. does.

FRP Holdings, Inc., a Florida corporation (the “Company”) was incorporated on April 22, 2014 in connection with a corporate reorganization that preceded the Spin-off of Patriot Transportation Holding, Inc. The Company’s predecessor issuer was formed on July 20, 1988. The business of the Company is conducted through our wholly-owned subsidiaries FRP Development Corp., a Maryland corporation, and Florida Rock Properties, Inc., a Florida corporation, and the various subsidiaries and joint ventures of each.

Our Business. FRP Holdings, Inc. is engaged in the real estate business, namely (i) leasing and management of industrial and commercial properties (the “Industrial and Commercial Segment”), (ii) leasing and management of mining royalty land owned by the Company (the “Mining Royalty Lands Segment”), (iii) real property acquisition, entitlement, development and construction primarily for apartment, retail, industrial, and office (the “Development Segment”), and (iv) management of mixed-use residential/retail properties owned through joint ventures (the “Multifamily Segment”). Our investments in real estate partnerships not wholly owned by FRP which are conducted through limited liability corporations (“LLC”) are also referred to as joint ventures.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$23.6M$31.2M$37.5M$41.5M$41.8M$42.8M
Net income$12.7M$28.2M$4.6M$5.3M$6.4M$3.3M
Free cash flow$1.1M$5.7M-$5.3M$21.8M-$22.2M-$21.5M

More on FRPH.

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