Five Point Holdings, Llc - Understand $fph stock

$FPH Market Cap: $421.5 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$196.9M

TTM

Gross Margin

57.14%

TTM

Net Earnings

$51.42M

TTM

Current Assets

$2.565B

Q3 2024

Current Liabilities

$283.2M

Q3 2024

Current Ratio

905.65%

Q3 2024

Total Assets

$2.949B

Q3 2024

Total Liabilities

$885.4M

Q3 2024

Book Value

$2.064B

Q3 2024

Cash

$224.5M

Q3 2024

P/E

8.198

Nov 29, 2024 EST

Free Cash Flow

$20.74M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$211.7M	$42.69M	$224.4M	$153.6M	$184.4M	$48.99M	$139.4M	$39.37M	$35.58M
YoY Change	395.93%	-80.97%	46.07%	-16.68%	276.36%	-64.86%	254.17%	10.64%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$211.7M	$42.69M	$224.4M	$153.6M	$184.4M	$48.99M	$139.4M	$39.37M	$35.58M
Cost Of Revenue	$134.0M	$27.50M	$144.3M	$111.4M	$131.2M	$28.90M	$106.9M	$20.10M	$7.300M
Gross Profit	$77.74M	$15.20M	$80.10M	$42.30M	$53.20M	$20.10M	$32.50M	$19.20M	$28.30M
Gross Profit Margin	36.72%	35.6%	35.7%	27.54%	28.85%	41.03%	23.31%	48.77%	79.53%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Selling, General & Admin	$51.50M	$54.59M	$77.12M	$83.50M	$103.6M	$98.98M	$122.4M	$120.7M	$27.54M
YoY Change	-5.67%	-29.21%	-7.65%	-19.39%	4.65%	-19.11%	1.36%	338.33%
% of Gross Profit	66.24%	359.17%	96.28%	197.41%	194.71%	492.45%	376.51%	628.77%	97.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$19.93M	$16.95M	$25.99M	$14.14M	$20.63M	$13.26M	$1.508M	$3.042M	-$179.0K
YoY Change	17.63%	-34.79%	83.76%	-31.46%	55.6%	779.31%	-50.43%	-1799.44%
% of Gross Profit	25.64%	111.49%	32.44%	33.43%	38.78%	65.97%	4.64%	15.84%	-0.63%
Operating Expenses	$51.50M	$54.59M	$77.12M	$83.50M	$103.6M	$98.98M	$122.4M	$120.7M	$27.54M
YoY Change	-5.67%	-29.21%	-7.65%	-19.39%	4.65%	-19.11%	1.36%	338.33%
Operating Profit	$26.25M	-$39.39M	$2.983M	-$41.20M	-$50.39M	-$78.88M	-$89.87M	-$101.5M	$758.0K
YoY Change	-166.64%	-1420.55%	-107.24%	-18.22%	-36.13%	-12.22%	-11.48%	-13493.67%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Interest Expense	$83.83M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	-$1.400M	$0.00
YoY Change							-100.0%
% of Operating Profit	319.35%		0.0%						0.0%
Other Income/Expense, Net	-$776.0K	$1.071M	$3.814M	$1.725M	$72.76M	$22.27M	$108.3M
YoY Change	-172.46%	-71.92%	121.1%	-97.63%	226.76%	-79.43%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Pretax Income	$109.3M	-$36.25M	$12.99M	$2.838M	$24.71M	-$58.80M	$24.20M	-$104.5M	-$4.368M
YoY Change	-401.55%	-379.13%	357.54%	-88.52%	-142.03%	-343.02%	-123.15%	2292.51%
Income Tax	-$4.418M	-$1.471M	-$325.0K	$1.744M	$2.445M	$9.200M	$0.00	-$7.900M	-$500.0K
% Of Pretax Income	-4.04%		-2.5%	61.45%	9.89%		0.0%
Net Earnings	$55.39M	-$15.40M	$6.568M	-$428.0K	$9.033M	-$34.71M	$73.24M	-$33.27M	-$2.685M
YoY Change	-459.63%	-334.52%	-1634.58%	-104.74%	-126.02%	-147.4%	-320.15%	1138.96%
Net Earnings / Revenue	26.16%	-36.08%	2.93%	-0.28%	4.9%	-70.86%	52.52%	-84.5%	-7.55%
Basic Earnings Per Share
Diluted Earnings Per Share	$0.25	-$0.10	$29.49K	-$2.740K	$40.05K	-$239.5K	$345.6K	-$295.2K	-$23.94K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Cash & Short-Term Investments	$353.8M	$131.8M	$265.5M	$298.1M	$346.8M	$495.7M	$848.5M	$62.30M	$108.7M
YoY Change	168.5%	-50.36%	-10.95%	-14.04%	-30.04%	-41.58%	1261.96%	-42.69%
Cash & Equivalents	$353.8M	$131.8M	$265.5M	$298.1M	$346.8M	$495.7M	$848.5M	$62.30M	$108.7M
Short-Term Investments
Other Short-Term Assets					$0.00	$6.000M
YoY Change					-100.0%
Inventory	$2.213B	$2.239B	$2.097B	$1.991B	$1.890B	$1.696B	$1.426B	$1.361B	$259.9M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$2.567B	$2.371B	$2.362B	$2.289B	$2.237B	$2.198B	$2.274B	$1.497B	$368.6M
YoY Change	8.28%	0.36%	3.2%	2.34%	1.77%	-3.37%	51.9%	306.21%
Property, Plant & Equipment	$29.15M	$49.31M	$55.25M	$61.00M	$64.90M	$31.70M	$29.70M	$34.40M	$33.80M
YoY Change	-40.89%	-10.74%	-9.43%	-6.01%	104.73%	6.73%	-13.66%	1.78%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$252.8M	$331.6M	$374.6M	$442.9M	$533.2M	$532.9M	$530.0M	$438.3M	$25.00M
YoY Change	-23.76%	-11.47%	-15.43%	-16.94%	0.06%	0.55%	20.92%	1653.2%
Other Assets	$992.0K	$992.0K	$1.330M	$1.300M	$1.700M	$1.400M	$6.000M	$2.300M	$3.900M
YoY Change	0.0%	-25.41%	2.31%	-23.53%	21.43%	-76.67%	160.87%	-41.03%
Total Long-Term Assets	$402.0M	$514.9M	$580.6M	$673.0M	$768.1M	$726.1M	$704.0M	$617.3M	$73.30M
YoY Change	-21.92%	-11.32%	-13.73%	-12.38%	5.78%	3.14%	14.05%	742.16%
Total Assets	$2.969B	$2.886B	$2.943B	$2.962B	$3.005B	$2.924B	$2.978B	$2.115B	$441.9M
YoY Change
Accounts Payable	$81.65M	$91.26M	$109.3M	$126.7M	$156.8M	$161.1M	$167.6M	$114.1M	$75.80M
YoY Change	-10.53%	-16.49%	-13.76%	-19.2%	-2.67%	-3.88%	46.89%	50.53%
Accrued Expenses	$12.76M	$15.71M	$20.03M	$23.80M	$27.20M
YoY Change	-18.78%	-21.61%	-15.82%	-12.5%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$254.9M	$280.0M	$303.4M	$323.7M	$356.6M	$330.6M	$320.1M	$315.9M	$75.80M
YoY Change	-8.99%	-7.71%	-6.26%	-9.23%	7.86%	3.28%	1.33%	316.75%
Long-Term Debt	$622.2M	$683.6M	$688.7M	$706.5M	$718.4M	$659.7M	$663.3M	$172.1M	$8.600M
YoY Change	-8.99%	-0.73%	-2.53%	-1.66%	8.9%	-0.54%	285.42%	1901.16%
Other Long-Term Liabilities	$78.07M	$17.56M	$12.45M	$9.000M	$9.200M	$75.80M	$89.30M	$118.5M	$1.100M
YoY Change	344.59%	41.04%	38.34%	-2.17%	-87.86%	-15.12%	-24.64%	10672.73%
Total Long-Term Liabilities	$700.3M	$701.2M	$701.1M	$715.5M	$727.6M	$735.5M	$752.6M	$290.6M	$9.700M
YoY Change	-0.13%	0.01%	-2.01%	-1.66%	-1.07%	-2.27%	158.98%	2895.88%
Total Liabilities	$2.291B	$2.268B	$2.308B	$2.344B	$2.393B	$2.337B	$2.393B	$1.872B	$180.9M
YoY Change	1.04%	-1.77%	-1.53%	-2.04%	2.4%	-2.34%	27.85%	934.66%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $421.5 Million

About Five Point Holdings, LLC

Five Point Holdings LLC engages in the development and design of mixed-use, master-planned communities that combine residential, commercial, retail, educational, and recreational elements with public amenities. The company is headquartered in Irvine, California and currently employs 90 full-time employees. The company went IPO on 2017-05-10. Its Valencia segment includes operating results related to the Valencia community and agricultural operations in Los Angeles and Ventura Counties, California. Its San Francisco segment includes operating results for the Candlestick and The San Francisco Shipyard communities. Its Great Park segment includes operating results for the Great Park Neighborhoods community and development management services provided by the management company for the Great Park Venture. Its Commercial segment includes the operating results of the Gateway Commercial Venture’s ownership in the Five Point Gateway Campus and property management services provided by the management company for the Gateway Commercial Venture.

Industry: Real Estate Peers: BBX Capital, Inc. Comstock Holding Companies, Inc. RMR GROUP INC. TEJON RANCH CO ST JOE Co