FPH · Five Point Holdings, LLC - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.58M | - | $13.49M | $7.47M | $13.16M | - | $17.01M | $51.19M | $9.94M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $14.75M | - | $14.29M | $15.59M | $14.77M | - | $11.91M | $12.19M | $12.92M | - |
| Total Operating Expenses | $23.22M | - | $21.38M | $19.69M | $19.31M | - | $17.40M | $25.38M | $17.80M | - |
| D&A | $1.73M | - | - | - | $2.01M | - | - | - | $2.87M | - |
| Operating Income | ($5.91M) | - | $64.91M | $9.92M | $70.11M | - | $14.22M | $44.09M | $7.04M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($942.0K) | - | $9.20M | $1.34M | $9.52M | - | $1.89M | $5.87M | $954.0K | - |
| Net Income | ($2.23M) | - | $21.07M | $3.32M | $23.28M | - | $4.76M | $14.72M | $2.33M | - |
| EPS - Basic | - | - | - | - | - | - | - | - | - | - |
| EPS - Diluted | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $332.57M | $425.55M | $351.13M | $456.64M | $528.33M | $430.88M | $224.52M | $217.39M | $232.68M | $353.80M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $3.19B | $3.25B | $3.19B | $3.16B | $3.16B | $3.08B | $2.95B | $2.92B | $2.87B | $2.97B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $810.04M | $860.41M | $835.77M | $908.68M | $919.13M | $896.32M | $885.39M | $867.81M | $858.63M | $962.18M |
| Stockholders' Equity | $2.31B | $2.32B | $2.28B | $2.23B | $2.21B | $2.16B | $2.04B | $2.03B | $1.99B | $1.98B |
| Retained Earnings | $225.82M | $228.04M | $204.75M | $183.68M | $180.36M | $157.08M | $110.58M | $105.83M | $91.11M | $88.78M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($44.50M) | - | - | - | $56.73M | - | - | - | ($26.42M) | - |
| Investing Cash Flow | ($281.0K) | - | - | - | $42.50M | - | - | - | $6.25M | - |
| Financing Cash Flow | ($48.20M) | - | - | - | ($1.78M) | - | - | - | ($100.94M) | - |
| CapEx | $0 | - | - | - | $40.0K | - | - | - | $92.0K | - |
| Free Cash Flow | ($44.50M) | - | - | - | $56.69M | - | - | - | ($26.52M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | -43.5% | - | 481.3% | 132.7% | 532.9% | - | 83.6% | 86.1% | 70.8% | - |
| EBITDA margin | -30.8% | - | - | - | 548.2% | - | - | - | 99.7% | - |
| Net margin | -16.4% | - | 156.2% | 44.4% | 177.0% | - | 28.0% | 28.8% | 23.4% | - |
| Free cash flow margin | -327.7% | - | - | - | 430.9% | - | - | - | -266.9% | - |
| FCF / Net income | 19.98 | - | - | - | 2.43 | - | - | - | -11.40 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 108.6% | - | 106.0% | 208.6% | 112.2% | - | 70.0% | 23.8% | 130.0% | - |
| Effective tax rate | - | - | 30.4% | 28.8% | 29.0% | - | 28.4% | 28.5% | 29.1% | - |
| Return on assets | -0.1% | - | 0.7% | 0.1% | 0.7% | - | 0.2% | 0.5% | 0.1% | - |
| Return on equity | -0.1% | - | 0.9% | 0.1% | 1.1% | - | 0.2% | 0.7% | 0.1% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.38 | 1.40 | 1.40 | 1.42 | 1.43 | 1.43 | 1.45 | 1.44 | 1.44 | 1.50 |
| Liabilities / Assets | 0.25 | 0.26 | 0.26 | 0.29 | 0.29 | 0.29 | 0.30 | 0.30 | 0.30 | 0.32 |
| Efficiency | ||||||||||
| Asset turnover | 0.00 | - | 0.00 | 0.00 | 0.00 | - | 0.01 | 0.02 | 0.00 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 3.2% | - | -20.7% | -85.4% | 32.4% | - | -74.2% | 139.8% | 74.3% | - |
| Revenue CAGR (3y) | 33.6% | - | -4.4% | 11.5% | 39.1% | - | -6.3% | 83.4% | -9.0% | - |
| Revenue CAGR (5y) | 0.6% | - | 10.0% | -21.0% | 7.4% | - | 7.2% | 32.8% | -5.3% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | 356.5% | -77.5% | 896.3% | - | 0.4% | -12.8% | - | - |
| Net income growth (YoY) | - | - | 343.0% | -77.4% | 901.0% | - | -28.0% | -37.5% | - | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 4.2% | 7.6% | 11.8% | 9.8% | 11.4% | 8.7% | 6.1% | 6.2% | 7.1% | 6.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.05B totalTotal Operating Segments$935.68M · 89.5%
Great Park Venture$53.51M · 5.1%
Valencia$44.02M · 4.2%
Hearthstone Venture$11.79M · 1.1%
San Francisco$699.0K · 0.1%
Product / service
$1.16B totalLand Sales Affiliated Entity And Third Party$825.66M · 70.9%
Homesites Sold$224.90M · 19.3%
Management Service$65.30M · 5.6%
Land$42.45M · 3.6%
Performance Fee$4.40M · 0.4%
Operating Properties$2.27M · 0.2%
Peer comparison
Same SIC group: Real Estate
Comparing Five Point Holdings against the 5 most active filers in the same SIC group.