Business
The business of the Company is conducted through our wholly-owned subsidiaries FRP Development Corp., a Maryland corporation, and Florida Rock Properties, Inc., a Florida corporation, and the various subsidiaries and joint ventures of each.
FRP HOLDINGS, INC.: Revenue grew 2.6% to $42.85M from $41.77M. Net income declined 47.8% to $3.33M from $6.385M. Free cash flow outflow narrowed to $21.46M from $22.21M. Operating margin contracted 1162 bps to 16.40%. FRP HOLDINGS, INC.'s annual comparison also shows stock compensation grew faster than revenue.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 2.6% to $42.85M from $41.77MOK
- Profitability — Net income declined 47.8% to $3.33M from $6.385MWatch
- Cash flow — Free cash flow outflow narrowed to $21.46M from $22.21MOK
- Margins — Operating margin contracted 1162 bps to 16.40%Watch
- Accounting — No overriding statistical warningNote
- Insiders — 7 purchases and 3 salesOK
Where the revenue comes from
Fiscal 2025, as FRP HOLDINGS, INC. reports it. History and quarterly detail are in the app.
- Multifamily$21.9M
- Mining royalty lands$14.4M
- Industrial and Commercial$5.2M
- Development$1.5M
Leadership changes
From FRP HOLDINGS, INC.'s own filings, the day they're filed.
- Matthew C. McNulty · Chief Financial Officer · appointmenteff. 2024-05-31
- John D. Baker III · Chief Executive Officer · appointmenteff. 2024-05-08
- John D. Baker III · Chief Executive Officer · departureeff. 2024-05-08
Latest filings
- 10-Q · Quarterly report2026-08-06
- 8-K · Company announcement2026-08-04
- 8-K · Company announcement2026-05-15
- 10-Q · Quarterly report2026-05-14
- 8-K · Company announcement2026-05-13
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about FRP HOLDINGS, INC., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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