Five Point Holdings, LLC (FPH)
Five Point Holdings, LLC, primarily operating through its subsidiary, Five Point Operating Company, LP, specializes in the ownership and development of large-scale, multi-purpose communities across Orange, Los Angeles, and San Francisco Counties in California. The company segments its operations into four distinct areas: Valencia, San Francisco, Great Park, and Commercial. Its business activities include selling land parcels for both residential and commercial construction to homebuilders, commercial developers, and other buyers. Furthermore, it manages and holds various properties, such as commercial office spaces and a medical campus, while also offering development and property management expertise. Founded in 2009 as Newhall Holding Company, LLC, the firm rebranded to Five Point Holdings, LLC in May 2016. Its corporate headquarters are situated in Irvine, California.
Sector: Real Estate
Industry: Real Estate - Development
Five Point Holdings, LLC
NYSE:FPHReal Estate · Real Estate - Development
-6.67%$4.20
AH Close$4.20+0.00%vs close
AH Close$4.20+0.00%vs close
Mkt Cap$302.16M
Float56.24M
O/S71.94M
Inst Own52.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$110.02M
Net Income$70.97M
Total Assets$3.24B
Free Cash Flow$105.01M
Debt & Equity
Debt 38%
Equity 62%
Total Debt$518.07M
Total Equity$843.25M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in FPH's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$3.24B
Liabilities$860.41M
Accounts Receivable$87.53M
Accounts Payable$32.61M
Inventory$2.44B
PP&E (Net)$29.26M
Goodwill$69.81M
Intangible Assets$17.25M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Revenue | $110.02M | $237.93M | $211.73M | $42.69M | $224.39M | $153.62M | $184.38M | $48.99M | $139.43M | $39.37M | $35.58M | $78.35M | $89.51M |
| YoY Growth | -53.8% | 12.4% | 395.9% | -81.0% | 46.1% | -16.7% | 276.4% | -64.9% | 254.2% | 10.6% | -54.6% | -12.5% | - |
| Cost of Revenue | $65.55M | $119.09M | $133.99M | $27.5M | $144.29M | $111.37M | $131.17M | $28.87M | $106.9M | $20.13M | $7.3M | $17M | $18.66M |
| Gross Profit | $44.47M | $118.83M | $77.74M | $15.2M | $80.1M | $42.25M | $53.21M | $20.12M | $32.53M | $17.52M | $23.17M | $61.35M | $70.86M |
| Gross Margin | 40.4% | 49.9% | 36.7% | 35.6% | 35.7% | 27.5% | 28.9% | 41.1% | 23.3% | 44.5% | 65.1% | 78.3% | 79.2% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1 | $0 | -$3 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $51.28M | $51.58M | $54.35M | $76.83M | $83.15M | $103.55M | $98.68M | $122.27M | $122.38M | $32.65M | $26.68M | $28.43M |
| Other | $51.86M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $51.86M | $51.28M | $51.58M | $54.35M | $76.83M | $83.15M | $103.55M | $98.68M | $122.27M | $122.38M | $32.65M | $26.68M | $28.43M |
| Operating Income (EBIT) | -$7.39M | $67.55M | $26.17M | -$39.15M | $3.27M | -$40.9M | -$50.34M | -$78.56M | -$89.74M | -$103.15M | -$4.37M | $34.67M | $42.43M |
| Operating Margin | -6.7% | 28.4% | 12.4% | -91.7% | 1.5% | -26.6% | -27.3% | -160.4% | -64.4% | -262.0% | -12.3% | 44.2% | 47.4% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $17.25M | $10.86M | $7.23M | $826K | $94K | $1.37M | $7.84M | $11.77M | $2.58M | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $219.85M | $137.55M | $83.13M | $2.9M | $9.71M | $43.73M | $75.05M | $19.8M | $113.94M | -$1.36M | $0 | $0 | $0 |
| Income Before Tax (EBT) | $212.46M | $205.1M | $109.3M | -$36.24M | $12.98M | $2.84M | $24.71M | -$58.76M | $24.2M | -$104.5M | -$4.37M | $34.67M | $42.43M |
| Income Tax Expense | $28.93M | $27.46M | -$4.42M | -$1.47M | -$325K | $1.74M | $2.44M | $9.18M | -$53.12M | -$7.89M | -$546K | $9.17M | $0 |
| Net Income | $70.97M | $68.3M | $55.39M | -$15.4M | $6.57M | -$428K | $9.03M | -$34.71M | $73.23M | -$33.27M | -$2.69M | $16.5M | $33.21M |
| Net Income Margin | 64.5% | 28.7% | 26.2% | -36.1% | 2.9% | -0.3% | 4.9% | -70.9% | 52.5% | -84.5% | -7.5% | 21.1% | 37.1% |
| Supplementary Data | |||||||||||||
| EPS | 1.01 | 0.98 | 1.53 | -0.22 | 0.09 | -0.01 | 0.34 | -0.53 | 1.33 | -0.88 | -0.07 | 0.45 | 0.89 |
| Diluted EPS | 0.48 | 0.96 | 0.76 | -0.10 | 0.09 | -0.01 | 0.15 | -0.53 | 0.18 | -0.86 | -0.07 | 0.45 | 0.89 |
| Weighted Average OS | 69.98M | 69.25M | 72.43M | 68.70M | 67.39M | 66.43M | 66.31M | 65.03M | 54.03M | 37.81M | 36.61M | 36.59M | 36.51M |
| EBITDA | $221.21M | $224.46M | $129.23M | -$19.3M | $38.97M | -$26.75M | -$29.71M | -$65.3M | -$88.23M | -$100.11M | -$3.65M | $35.38M | $43.02M |
| EBITDA Margin | 201.1% | 94.3% | 61.0% | -45.2% | 17.4% | -17.4% | -16.1% | -133.3% | -63.3% | -254.3% | -10.3% | 45.2% | 48.1% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Assets | |||||||||||||
| Current Assets | |||||||||||||
| Cash and Cash Equivalents | $426.54M | $430.88M | $354.79M | $131.77M | $265.46M | $298.14M | $346.83M | $495.69M | $848.48M | $62.3M | $108.66M | $152.22M | $166.78M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $25M | $30.57M | $31.3M |
| Cash and Short-Term Investments | $426.54M | $430.88M | $354.79M | $131.77M | $265.46M | $298.14M | $346.83M | $495.69M | $848.48M | $62.3M | $133.66M | $182.8M | $198.08M |
| Accounts Receivable | $87.53M | $100.79M | $69.07M | $79.86M | $79.08M | $78.06M | $68.13M | $49.83M | $0 | $51.05M | $0 | $9.09M | $20.81M |
| Inventory | $2.44B | $2.3B | $2.21B | $2.24B | $2.1B | $1.99B | $1.89B | $1.7B | $1.43B | $1.36B | $259.87M | $219.93M | $195.55M |
| Other Current Assets | $992K | $992K | $992K | $992K | $1.33M | $1.33M | $1.74M | $1.4M | $5.99M | $2.34M | $3.92M | $25.39M | $7.99M |
| Total Current Assets | $2.96B | $2.83B | $2.64B | $2.45B | $2.44B | $2.37B | $2.31B | $2.25B | $2.28B | $1.48B | $397.44M | $438.48M | $424.59M |
| Long-Term Assets | |||||||||||||
| Property, Plant & Equipment Net | $29.26M | $42.46M | $43.19M | $49.31M | $55.24M | $61.05M | $64.89M | $31.68M | $29.66M | $34.41M | $33.76M | $33.65M | $33.86M |
| Goodwill | $69.81M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $17.25M | $9.04M | $25.27M | $40.26M | $51.41M | $71.75M | $80.35M | $95.92M | $127.59M | $127.59M | $0 | $0 | $0 |
| Long-Term Investments | $153.09M | $185.32M | $252.82M | $331.59M | $374.55M | $442.85M | $533.24M | $532.9M | $530.01M | $438.31M | $0 | $0 | $10.81M |
| Deferred Tax Assets | $0 | $0 | -$69.93M | $0 | $0 | $0 | $0 | $9.18M | $2.98B | $2.11B | $0 | $0 | $0 |
| Other Long-Term Assets | $10.9M | $8.86M | $79.75M | $12.87M | $19.01M | $17.95M | $19.75M | -$4K | -$2.97B | -$2.08B | $10.65M | $2.04M | $2M |
| Total Long-Term Assets | $280.31M | $245.68M | $331.09M | $434.03M | $500.21M | $593.6M | $698.23M | $669.67M | $694.84M | $638.43M | $44.41M | $35.69M | $46.67M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $3.24B | $3.08B | $2.97B | $2.89B | $2.94B | $2.96B | $3B | $2.92B | $2.98B | $2.11B | $441.85M | $474.18M | $471.26M |
| Liabilities | |||||||||||||
| Current Liabilities | |||||||||||||
| Accounts Payable | $32.61M | $19.31M | $81.65M | $11.86M | $100.37M | $117.67M | $30.29M | $161.14M | $167.62M | $114.08M | $67.74M | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $173.21M | $0 | $0 | $0 | $0 | $169.51M | $152.47M | $201.84M | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$659.7M | -$663.31M | -$172.08M | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | $6.7M | $8.37M | $9M | $9M | $169.54M | $183.03M | $0 | $0 | $2.41M | $2.42M |
| Total Current Liabilities | $35.97M | $19.44M | $261.41M | $29.08M | $108.74M | $126.67M | $39.29M | $509.19M | $512.13M | $368.03M | $67.74M | $12.12M | $11.02M |
| Long-Term Liabilities | |||||||||||||
| Long-Term Debt | $508.08M | $587.79M | $681.56M | $683.64M | $688.65M | $706.53M | $718.45M | $557M | $663.31M | $172.08M | $8.58M | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$178.54M | $1.07B | $606.47M | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $7.07M | $0 | $0 | $0 | $0 | $9.18M | -$222.8M | -$606.47M | $0 | $0 | $0 |
| Other Long-Term Liabilities | $309.72M | $278.11M | $239.81M | $264.31M | $200.11M | $194.85M | $310.96M | $346.65M | -$112.55M | -$102.69M | $17.1M | $0 | $0 |
| Total Long-Term Liabilities | $824.44M | $876.88M | $939.41M | $963.66M | $908.8M | $925.21M | $1.06B | $566.19M | $560.62M | $238.44M | $25.68M | $0 | $0 |
| Other Liabilities | $0 | $0 | -$238.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $860.41M | $896.32M | $962.18M | $992.74M | $1.02B | $1.05B | $1.1B | $1.08B | $1.07B | $606.47M | $93.42M | $12.12M | $11.02M |
| Stockholders' Equity | |||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15.39M | $0 | $0 | $249.68M |
| Retained Earnings | $228.04M | $157.08M | $88.78M | $33.39M | $48.79M | $42.22M | $42.84M | $33.81M | $57.84M | -$15.39M | $17.87M | $20.56M | $0 |
| Comprehensive Income & Other | -$1.55M | -$1.47M | -$2.33M | -$2.99M | -$1.95M | -$2.83M | -$2.68M | -$3.31M | -$2.46M | -$2.47M | -$2.78M | -$2.73M | -$1.82M |
| Other Stockholders' Equity | $615.2M | $592.36M | $589.27M | $584.75M | $585.63M | $575.44M | $568.85M | $553.22M | $527.56M | $242.92M | $243.05M | $242.89M | -$1.82M |
| Total Equity | $843.25M | $749.44M | $678.05M | $618.13M | $634.42M | $617.67M | $611.69M | $587.03M | $585.4M | $242.92M | $260.92M | $263.44M | $247.85M |
| Minority Interest | $1.55B | $1.43B | $1.33B | $1.27B | $1.29B | $1.29B | $1.3B | $1.26B | $1.32B | $1.27B | $87.51M | $88.89M | $80.45M |
| Total Liabilities and Equity | $1.7B | $1.65B | $1.64B | $1.61B | $1.65B | $1.67B | $1.71B | $1.66B | $1.66B | $849.38M | $354.34M | $275.56M | $258.88M |
| Supplementary Data | |||||||||||||
| Total Debt | $518.07M | $598.77M | $692.54M | $699.35M | $708.69M | $730.36M | $745.65M | $557M | $560.62M | $172.08M | $8.58M | $0 | $0 |
| Net Debt | $91.53M | $167.9M | $337.75M | $567.58M | $443.22M | $432.22M | $398.82M | $61.31M | -$287.86M | $109.78M | -$100.08M | -$152.22M | -$166.78M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 |
| Operating Activities | |||||||||||||
| Net Income | $70.97M | $177.63M | $113.72M | -$34.77M | $13.31M | $1.09M | $22.27M | -$67.94M | $24.2M | -$96.62M | -$3.82M | $16.5M | $33.21M |
| Depreciation & Amortization | $8.76M | $19.36M | $19.93M | $16.95M | $25.99M | $14.14M | $20.63M | $13.26M | $1.51M | $3.04M | -$179K | $714K | $592K |
| Deferred Income Tax | $0 | $24.36M | -$4.44M | -$1.49M | $420K | $950K | $2.44M | $9.18M | -$105.59M | -$7.89M | -$546K | $0 | $0 |
| Stock-Based Compensation | $7.61M | $4.3M | $3.67M | $6.23M | $7.9M | $11.56M | $13.63M | $11.46M | $18.42M | $27.75M | $0 | $0 | $1.15M |
| Changes in Working Capital: | |||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | -$11.25M | -$23.75M | -$16.43M | $14.77M | -$1.29M | $773K | -$6.89M | $3.9M |
| Inventory | -$141.8M | -$80.67M | $27.54M | -$140.42M | -$104.08M | -$99.23M | -$191.97M | -$278.01M | -$64.52M | -$61.75M | -$39.94M | -$24.38M | -$14.14M |
| Accounts Payable | $0 | $20.7M | -$11.71M | -$22.48M | -$18.32M | -$32.3M | -$4.17M | -$5.71M | $59.77M | $11.24M | -$28.28M | $0 | $0 |
| Other Working Capital | $30.87M | -$46.3M | $3.81M | $8.85M | $530K | -$69K | -$3.92M | -$1.07M | -$923K | -$479K | $24.3M | $0 | $0 |
| Total Working Capital Change | -$110.93M | -$106.28M | $19.64M | -$154.05M | -$121.87M | -$142.85M | -$223.82M | -$301.23M | $9.09M | -$52.28M | -$43.14M | -$31.28M | -$10.24M |
| Other Non-Cash Items | $128.83M | -$3.4M | $1.6M | -$21.16M | -$7.17M | $36.6M | -$67.2M | -$8.03M | -$5.78M | $1.36M | $6.32M | -$10.68M | $30.22M |
| Net Cash from Operating | $105.23M | $115.99M | $154.12M | -$188.3M | -$81.42M | -$78.5M | -$232.04M | -$343.3M | -$58.14M | -$124.64M | -$41.37M | -$24.75M | $54.92M |
| Investing Activities | |||||||||||||
| Capital Expenditures | -$217K | -$808K | -$23K | -$75K | -$154K | -$2.15M | -$1.68M | -$3.1M | -$242K | -$1.09M | -$845K | -$616K | -$312K |
| Acquisitions | $0 | $0 | $0 | $64.06M | $74.45M | $53.37M | $30.54M | -$10.2M | -$76.5M | $78.61M | -$346K | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$10.2M | -$25.23M | -$20.76M | -$37.5M | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $45.21M | $25M | $43M | $0 | $0 |
| Other Investing Activities | -$6.33M | $70.87M | $77.13M | $0 | $1.02M | $1.72M | -$28.56M | $13.88M | $876K | $1.57M | $79K | $13.31M | -$32.29M |
| Net Cash from Investing | -$6.55M | $70.06M | $77.11M | $63.99M | $75.31M | $52.94M | $311K | $579K | -$55.89M | $83.33M | $4.39M | $12.69M | -$32.6M |
| Financing Activities | |||||||||||||
| Debt Repaid | $88.64M | $100M | - | - | - | - | -$59.87M | $5M | -$500M | $5M | - | $2.5M | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $3K | $0 | $419.74M | $470K | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | -$823K | -$202K | -$2.74M | -$2.05M | -$5.52M | $0 | -$5.13M | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$15.36M | -$8.15M | -$9M | -$6.98M | -$24.53M | -$18.02M | $23.33M | -$5.13M | $406.69M | -$513K | -$6.58M | $0 | $2.09M |
| Net Cash from Financing | -$104.01M | -$108.98M | -$9.2M | -$9.72M | -$26.58M | -$23.54M | $83.21M | -$10.13M | $900.21M | -$5.04M | -$6.58M | -$2.5M | $2.09M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$5.33M | $77.07M | $222.03M | -$134.03M | -$32.68M | -$49.1M | -$148.52M | -$352.85M | $786.17M | -$46.35M | -$43.56M | -$14.56M | $24.41M |
| Supplementary Data | |||||||||||||
| Operating Cash Flow | $105.23M | $115.99M | $154.12M | -$188.3M | -$81.42M | -$78.5M | -$232.04M | -$343.3M | -$58.14M | -$124.64M | -$41.37M | -$24.75M | $54.92M |
| Capital Expenditure | -$217K | -$808K | -$23K | -$75K | -$154K | -$2.15M | -$1.68M | -$3.1M | -$242K | -$1.09M | -$845K | -$616K | -$312K |
| Free Cash Flow | $105.01M | $115.18M | $154.12M | -$188.38M | -$81.57M | -$80.65M | -$233.72M | -$346.4M | -$58.38M | -$125.73M | -$42.22M | -$25.37M | $54.61M |
| Cash at Beginning | $431.87M | $354.79M | $132.76M | $266.79M | $299.47M | $348.57M | $497.1M | $849.95M | $62.3M | $108.66M | $152.22M | $166.78M | $142.37M |
| Cash at End | $426.54M | $431.87M | $354.79M | $132.76M | $266.79M | $299.47M | $348.57M | $497.1M | $848.48M | $62.3M | $108.66M | $152.22M | $166.78M |