FRP HOLDINGS, INC.

FRP Holdings, Inc. operates as a real estate company focused on property leasing, management, and development across multiple sectors. Its operations are structured into four primary segments: Industrial and Commercial, Mining Royalty Lands, Development, and Multifamily. The company owns and manages in-service warehouses, an office building, and ground leases, while also leasing land to extract mining royalties for construction aggregates. In addition, it acquires and entitles land to develop into industrial, residential, retail, and office spaces, and manages stabilized mixed-use multifamily and retail buildings through joint ventures. Customers primarily include commercial and warehouse tenants, residential renters, and mining operators, including Vulcan Materials Company.

The company's real estate portfolio spans approximately 16,640 acres under lease for mining rents or royalties, primarily in Florida and Georgia, alongside one location in Virginia and an additional 4,280-acre joint venture in Brooksville. Its stabilized properties are predominantly situated in the Baltimore area, Washington, D.C., and Greenville, South Carolina, with ongoing development activities across Florida. The company's corporate headquarters is not explicitly stated in the text.

Summary of the business section of FRP's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“The Company employed 25 people on December 31, 2025.”