Five Point Holdings, LLC FPH

Real Estate - Services, Real Estate

$4.20

−6.67%

Market cap: $621.1M
PE: n/m; not a meaningful number
Forward PE: n/m; not a meaningful number
Price to sales: 5.3×
EV/EBIT: 4.8×
Revenue, 12 months: $118M; −39% on a year ago
Net margin: 45.3%
Free cash flow yield: 10.5%

Five Point Holdings, LLC trades at 5.3× sales. Revenue was $118M over the last twelve months, down 39% on a year earlier with a 45% net margin.

Charts

Financials

Income statement for FPH, by quarter
Income statement	Q4 FY23	Q1 FY24	Q2 FY24	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26
	$118.8M+599%	$9.9M+74%	$51.2M+140%	$17M−74%	$159.8M+35%	$13.2M+32%	$7.5M−85%	$13.5M−21%	$75.9M−53%	$13.6M+3%	$13.9M+86%	$14.6M+8%
Cost of revenue	$76.3M+639%	$4.9M+38%	$13.2M+15%	$5.5M−87%	$95.5M+25%	$4.5M−7%	$4.1M−69%	$7.1M+29%	$41.1M−57%	$8.5M+86%	$7.2M+75%	$7.2M+1%
Gross profit	$42.5M+536%	$5M+133%	$38M+285%	$11.5M−50%	$64.3M+51%	$8.6M+71%	$3.4M−91%	$6.4M−45%	$34.8M−46%	$5.1M−41%	$6.7M+99%	$7.5M+17%
SG&A	$13.1M−0%	$12.9M−6%	$12.2M−4%	$11.9M−0%	$14.2M+9%	$14.8M+14%	$15.6M+28%	$14.3M+20%	$16M+12%	$14.7M−0%	$14.3M−8%	$12.5M−12%
	$29.4M	−$7.9M−32%	$25.8M	−$385K	$50M+70%	−$6.2M−22%	−$12.2M	−$7.9M+1950%	$18.9M−62%	−$9.6M+57%	−$7.6M−38%	−$5.1M−36%
Pre-tax income	$54.3M+159%	$7M	$44.1M−13%	$14.2M+0%	$139.7M+157%	$70.1M+896%	$9.9M−78%	$64.9M+357%	$67.5M−52%	−$5.9M	$36.1M+264%	−$4.4M
	−$4.4M+198%	$954K+11825%	$5.9M+117200%	$1.9M+62767%	$18.8M	$9.5M+898%	$1.3M−77%	$9.2M+388%	$8.9M−53%	−$942K	$6.2M+363%	−$4K
Net income	$29.8M+164%	$2.3M	$14.7M−38%	$4.8M−28%	$46.5M+56%	$23.3M+901%	$3.3M−77%	$21.1M+343%	$23.3M−50%	−$2.2M	$10.9M+227%	−$2.6M
	$0.20+18%	$0.03	$0.21−38%	$0.07−22%	$0.31+55%	$0.32+967%	$0.05−76%	$0.28+300%	$0.15−52%	−$0.03	$0.15+200%	−$0.04
	145.3M+115%	145.9M+112%	145.9M+1%	146.6M+1%	148.6M+2%	148.8M+2%	148.7M+2%	149.4M+2%	149.4M+1%	71.5M−52%	149.1M+0%	71.8M−52%

Gross profit: 38 periods, Q2 FY17 to Q3 FY26: not printed by the filing, worked out from its own lines.

Operating income: 43 periods, Q1 FY16 to Q3 FY26: not printed by the filing, worked out from its own lines.

EPS, diluted: 10 periods, Q2 FY16 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: Q4 FY16: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. Q4 FY17 and Q4 FY21: the earlier year to date counted no dilution: the quarter's basic count plus the later year to date's dilution. 6 periods, Q4 FY19 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Real Estate - Services nearest Five Point Holdings, LLC's size, closest first.

Company	Market cap	PE	Its 10y median PE	P/S	Revenue growth	Net margin
FPHFive Point Holdings, LLC	$621.1M	n/m	32.8×	5.3×	−39%	45.3%
GOODGladstone Commercial	$581.4M	46.2×	67.1×	3.4×	+11%	14.5%
TRCTejon Ranch	$444.5M	71.5×	115×	7.8×	+25%	10.6%
MMIMarcus & Millichap	$1B	74.6×	18.1×	1.3×	+12%	1.8%
FORForestar	$1.3B	7.8×	9.4×	0.8×	+12%	9.9%
ALCOAlico	$275.7M	169×	26.6×	16.2×	−61%	9.0%
ARLAmerican Realty Investors	$263.3M	31.3×	21.2×	5.2×	+7%	16.4%
IIPRInnovative Industrial Properties	$1.5B	12.2×	23.1×	5.7×	−8%	52.3%
GTYGetty Realty	$1.9B	17.1×	22.3×	7.8×	+12%	42.4%
NMRKNewmark	$2.1B	16.2×	14.7×	0.6×	+21%	4.1%
AOMRAngel Oak Mortgage REIT	$171.1M	9.8×	6.6×	n/m	n/m	n/m
Peer median	$813.1M	24.2×	21.7×	5.2×	+12%	10.6%