FRP Holdings, Inc. (FRPH) Financial Statements
Industry: Real Estate
In fiscal 2025, FRP reported revenue of $42.8M, up 2.6% from $41.8M the year before. Net income was $3.3M (a 7.8% net margin), or $0.18 per diluted share. Gross margin was 16.4% and operating margin was 16.4%. Operating activities generated $29.7M of cash, leaving -$21.5M of free cash flow. At fiscal year end, FRP held $735.1M in total assets against $279.5M in total liabilities.
Open the full interactive FRP financials → Quarterly statements, key ratios, valuation history and price charts.
FRP Key Stats
| Share Price | $19.99 |
|---|---|
| Market Cap | $381.0M |
| P/E Ratio | 111.1 |
| Revenue YoY Growth | +2.6% |
| 52-Week Range | $19.83 – $25.56 |
| Shares Outstanding | 19.0 million (basic, 2026 Q2) |
FRP Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $23.6M | $31.2M | $37.5M | $41.5M | $41.8M | $42.8M |
| Cost of Goods Sold | $18.4M | $28.9M | $29.5M | $29.8M | $30.1M | $35.8M |
| Gross Profit | $5.1M | $2.3M | $8.0M | $11.7M | $11.7M | $7.0M |
| Operating Income | $5.1M | $2.3M | $8.0M | $11.7M | $11.7M | $7.0M |
| Pre-Tax Income | $15.9M | $38.5M | $6.1M | $6.8M | $8.5M | $4.1M |
| Income Tax | $3.2M | $10.3M | $1.5M | $1.5M | $2.1M | $818,000 |
| Net Income | $12.7M | $28.2M | $4.6M | $5.3M | $6.4M | $3.3M |
| Diluted EPS | $0.66 | $1.50 | $0.24 | $0.28 | $0.34 | $0.18 |
FRP Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $10.8M | $10.9M | $10.6M | $11.1M |
| Net Income | $662,000 | $380,000 | -$687,000 | -$259,000 |
| Diluted EPS | $0.03 | $0.02 | -$0.04 | -$0.01 |
FRP Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $73.9M | $161.5M | $177.5M | $157.6M | $148.6M | — |
| Total Assets | $536.4M | $678.2M | $701.1M | $709.2M | $728.5M | $735.1M |
| Total Long-Term Debt | $90.0M | $178.4M | $178.6M | $178.7M | $178.9M | $192.6M |
| Total Liabilities | $153.7M | $252.9M | $256.9M | $261.2M | $259.4M | $279.5M |
| Shareholders' Equity | $367.7M | $396.4M | $407.1M | $414.5M | $423.1M | $428.5M |
FRP Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $18.6M | $22.2M | $22.3M | $33.0M | $29.0M | $29.7M |
| Cash From Investing | $50.5M | $66.6M | -$23.2M | -$48.7M | -$50.6M | -$73.7M |
| Cash From Financing | -$21.8M | -$1.2M | $16.8M | -$4.2M | $12.7M | -$581,000 |
| Free Cash Flow | $1.1M | $5.7M | -$5.3M | $21.8M | -$22.2M | -$21.5M |
Figures from FRP's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full FRP financials page for every line item.
FRP Company Profile
| Ticker | FRPH |
|---|---|
| Exchange | Nasdaq |
| Industry | Real Estate |
| Headquarters | Jacksonville, Florida |
| Incorporated in | Florida |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0000844059 |
Frequently Asked Questions
What was FRP's revenue in fiscal 2025?
FRP (FRPH) reported revenue of $42.8M for fiscal 2025.
What is FRP's annual revenue history?
FRP's annual revenue by fiscal year: 2020: $23.6M; 2021: $31.2M; 2022: $37.5M; 2023: $41.5M; 2024: $41.8M; 2025: $42.8M.
What was FRP's net income in fiscal 2025?
FRP reported net income of $3.3M for fiscal 2025.
What was FRP's earnings per share (EPS) in fiscal 2025?
FRP's diluted EPS was $0.18 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did FRP generate in fiscal 2025?
FRP generated -$21.5M of free cash flow in fiscal 2025.
What was FRP's revenue last quarter?
In its most recent reported quarter (2026 Q2), FRP reported revenue of $11.1M.
How much debt does FRP have?
FRP reported $192.6M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of FRP are outstanding?
FRP reported a weighted average of 19.0 million basic shares outstanding in 2026 Q2.
What is FRP's market cap?
Based on its latest closing price, FRP (FRPH) has a market capitalization of about $381.0M.
When does FRP's fiscal year end?
FRP's fiscal year end, as registered with the SEC, is December 31.
Where is FRP headquartered?
FRP lists its business address in Jacksonville, Florida in its SEC filings.