FRPHNasdaqReal EstateFiscal year ends December 31
FRP HOLDINGS, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$18.77−0.47 (-2.44%)
Close on Oct 19, 2026
- Market cap
- $357.72M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2010 to 2025
Gross margin
–
Operating margin
16.4%−5.4 pts over 5 years
Net margin
7.8%−46.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +2.6% | +4.6% | +12.7% | +2.1% | |
| Operating income | -40.0% | -4.2% | +6.5% | -5.4% | |
| Net income | -47.8% | -10.0% | -23.5% | -8.7% | |
| EPS, diluted | -47.1% | -9.1% | -22.9% | -8.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2015 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 4.3% | 3.4% | 0.8% | |
| Return on assets | 2.9% | 2.4% | 0.5% | |
| Debt to equity | 0.27 | 0.24 | – | |
| Net debt to EBITDA | 2.45× | 1.44× | – | |
| Interest coverage | 6.0× | 4.7× | 2.4× | |
| Capex to revenue | 18.7% | 74.4% | 119.4% | |
| Diluted shares | 0M | 19M | 19M |
Where the cash went
Fiscal 2021 to 2025, five years combined
FRP generated $136.21M from operations and spent $160.42M on capital expenditure, dividends and share buybacks. 98% of that went back into the business.
Generated
$136.21M
Used
$160.42M
Capital expenditure$157.69M98%Dividends$00%Share buybacks$2.73M2%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin7.8%
×Asset turnover0.06×
×Equity multiplier1.72×
=Return on equity, FY20250.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 7.8% | 0.06× | 1.72× | 0.8% |
| FY2024 | 15.3% | 0.06× | 1.72× | 1.5% |
| FY2023 | 12.8% | 0.06× | 1.72× | 1.3% |
| FY2022 | 12.2% | 0.05× | 1.72× | 1.1% |
| FY2021 | 90.4% | 0.05× | 1.59× | 7.4% |
| FY2020 | 53.9% | 0.04× | 1.45× | 3.4% |
| FY2019 | 68.1% | 0.05× | 1.41× | 4.4% |
| FY2016 | 32.1% | 0.14× | 1.37× | 6.4% |
| FY2015 | 23.9% | 0.12× | 1.46× | 4.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$3.33M
- Cash generatingOperating cash flow above zero$29.68M
- Return on assets improvedROA up on the prior year0.9% → 0.5%
- Earnings backed by cashOperating cash flow above net income$29.68M vs $3.33M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise19M → 19M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.06 → 0.06