Five Point Holdi Financials

FPH

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Five Point Holdi (FPH) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI FPH FY2025 2026-04-24

An asset-heavy monetization model produces cash through periodic realizations, so revenue swings understate how the business operates.

From FY2024 to FY2025, revenue fell from $237.9M to $110.0M, which would normally signal a much weaker year. But net income and operating cash flow still held near $71.0M and $105.2M, indicating that reported sales are lumpy recognition events rather than a smooth measure of the company’s economic output.

A 64.5% net margin alongside only a 2.2% return on assets shows why this business is better read through its balance sheet than through revenue-based profitability alone. The real limiter is asset turnover: a very large asset base is generating modest returns even when accounting margins look unusually high.

Free cash flow nearly matched operating cash flow in FY2025 because capex was only $217K against $3.25B of assets, so the reported asset base is not being maintained by heavy equipment spending. At the same time, liabilities have fallen by about $101.8M since FY2023 while cash stayed above $425.5M, suggesting internally generated cash has been used to steadily simplify the balance sheet.

Financial Health Signals

Financial Profile 37/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Five Point Holdi's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Five Point Holdi's revenue declined 53.8% year-over-year, from $237.9M to $110.0M. This contraction results in a growth score of 0/100.

Leverage

Five Point Holdi carries a low D/E ratio of 0.37, meaning only $0.37 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 94/100, indicating a strong balance sheet with room for future borrowing.

Cash Flow

100

Five Point Holdi converts 95.5% of revenue into free cash flow ($105.0M). This strong cash generation earns a score of 100/100.

Returns

Five Point Holdi generates a 7.9% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 28/100. This is down from 8.2% the prior year.

Piotroski F-Score Weak

2/9

Five Point Holdi passes 2 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Mixed

0.57x

For every $1 of reported earnings, Five Point Holdi generates $0.57 in operating cash flow ($105.2M OCF vs $183.5M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue

$110.0M

YoY-53.8%

5Y CAGR-6.5%

Five Point Holdi generated $110.0M in revenue in fiscal year 2025. This represents a decrease of 53.8% from the prior year.

EBITDA

N/A

Net Income

$183.5M

YoY+3.3%

Five Point Holdi reported $183.5M in net income in fiscal year 2025. This represents an increase of 3.3% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

$105.0M

YoY-8.8%

Five Point Holdi generated $105.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 8.8% from the prior year.

Cash & Debt

$425.5M

YoY-1.2%

5Y CAGR+7.4%

Five Point Holdi held $425.5M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

166.8%

YoY+92.2pp

5Y CAGR+167.1pp

Five Point Holdi's net profit margin was 166.8% in fiscal year 2025, showing the share of revenue converted to profit. This is up 92.2 percentage points from the prior year.

Return on Equity

7.9%

YoY-0.3pp

5Y CAGR+7.9pp

Five Point Holdi's ROE was 7.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.3 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$217K

YoY-73.1%

5Y CAGR-36.8%

Five Point Holdi invested $217K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 73.1% from the prior year.

FPH Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$110.0M-53.8%	$237.9M+12.4%	$211.7M+395.9%	$42.7M-81.0%	$224.4M+46.1%	$153.6M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$60.6M+18.3%	$51.2M-0.5%	$51.5M-5.7%	$54.6M-29.2%	$77.1M-7.6%	$83.5M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	$0	$0	$0	$0
Income Tax	$28.9M+5.3%	$27.5M+721.6%	-$4.4M-200.3%	-$1.5M-352.6%	-$325K-118.6%	$1.7M
Net Income	$183.5M+3.3%	$177.6M+56.2%	$113.7M+427.0%	-$34.8M-361.3%	$13.3M+3209.8%	-$428K
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$13.6M-82.1%	$75.9M+462.7%	$13.5M+80.5%	$7.5M-43.2%	$13.2M-91.8%	$159.8M+839.2%	$17.0M-66.8%	$51.2M
Cost of Revenue	$6.9M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$6.7M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$14.7M-7.7%	$16.0M+11.7%	$14.3M-8.3%	$15.6M+5.6%	$14.8M+3.8%	$14.2M+19.4%	$11.9M-2.3%	$12.2M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	-$942K-110.6%	$8.9M-3.7%	$9.2M+586.0%	$1.3M-85.9%	$9.5M-49.2%	$18.8M+894.5%	$1.9M-67.8%	$5.9M
Net Income	-$2.2M-101.6%	$135.9M+544.8%	$21.1M+534.7%	$3.3M-85.7%	$23.3M-85.1%	$155.8M+3176.5%	$4.8M-67.7%	$14.7M
EPS (Diluted)	$-0.03	N/A	N/A	N/A	N/A	N/A	N/A	N/A

FPH Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$3.2B+5.6%	$3.1B+3.6%	$3.0B+2.9%	$2.9B-1.9%	$2.9B-0.6%	$3.0B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$425.5M-1.2%	$430.9M+21.8%	$353.8M+168.5%	$131.8M-50.4%	$265.5M-11.0%	$298.1M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$69.8M	$0	N/A	N/A	N/A	N/A
Total Liabilities	$860.4M-4.0%	$896.3M-6.8%	$962.2M-3.1%	$992.7M-2.4%	$1.0B-3.3%	$1.1B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$2.3B+7.6%	$2.2B+8.7%	$2.0B+6.1%	$1.9B-1.7%	$1.9B+0.8%	$1.9B
Retained Earnings	$228.0M+45.2%	$157.1M+76.9%	$88.8M+165.9%	$33.4M-31.6%	$48.8M+15.6%	$42.2M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$3.2B-1.9%	$3.2B+2.0%	$3.2B+0.8%	$3.2B0.0%	$3.2B+2.7%	$3.1B+4.3%	$2.9B+1.0%	$2.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$332.6M-21.8%	$425.5M+21.2%	$351.1M-23.1%	$456.6M-13.6%	$528.3M+22.6%	$430.9M+91.9%	$224.5M+3.3%	$217.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$69.8M0.0%	$69.8M0.0%	$69.8M	N/A	N/A	$0	N/A	N/A
Total Liabilities	$810.0M-5.9%	$860.4M+2.9%	$835.8M-8.0%	$908.7M-1.1%	$919.1M+2.5%	$896.3M+1.2%	$885.4M+2.0%	$867.8M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$2.3B-0.5%	$2.3B+1.7%	$2.3B+2.5%	$2.2B+0.5%	$2.2B+2.8%	$2.2B+5.7%	$2.0B+0.6%	$2.0B
Retained Earnings	$225.8M-1.0%	$228.0M+11.4%	$204.8M+11.5%	$183.7M+1.8%	$180.4M+14.8%	$157.1M+42.0%	$110.6M+4.5%	$105.8M

FPH Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$105.2M-9.3%	$116.0M-24.7%	$154.1M+181.8%	-$188.3M-131.3%	-$81.4M-3.7%	-$78.5M
Capital Expenditures	$217K-73.1%	$808K+3413.0%	$23K-69.3%	$75K-51.3%	$154K-92.8%	$2.1M
Free Cash Flow	$105.0M-8.8%	$115.2M-25.3%	$154.1M+181.8%	-$188.4M-130.9%	-$81.6M-1.2%	-$80.6M
Investing Cash Flow	-$6.6M-109.4%	$70.1M-9.1%	$77.1M+20.5%	$64.0M-15.0%	$75.3M+42.3%	$52.9M
Financing Cash Flow	-$104.0M+4.6%	-$109.0M-1084.0%	-$9.2M+5.3%	-$9.7M+63.4%	-$26.6M-12.9%	-$23.5M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$44.5M-155.8%	$79.7M+97.2%	$40.4M+156.4%	-$71.6M-226.3%	$56.7M-69.1%	$183.6M+1122.7%	-$18.0M+22.7%	-$23.2M
Capital Expenditures	$0-100.0%	$119K	$0-100.0%	$58K+45.0%	$40K-68.5%	$127K-44.1%	$227K-37.3%	$362K
Free Cash Flow	-$44.5M-155.9%	$79.6M+96.9%	$40.4M+156.4%	-$71.7M-226.5%	$56.7M-69.1%	$183.5M+1109.2%	-$18.2M+23.0%	-$23.6M
Investing Cash Flow	-$281K-103.0%	$9.3M+116.0%	-$58.3M-100472.4%	-$58K-100.1%	$42.5M+47.3%	$28.9M+8.1%	$26.7M+222.5%	$8.3M
Financing Cash Flow	-$48.2M-229.5%	-$14.6M+83.3%	-$87.6M	$0+100.0%	-$1.8M+70.9%	-$6.1M-281.5%	-$1.6M-374.5%	-$337K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

FPH Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	166.8%+92.2pp	74.7%+21.0pp	53.7%+135.2pp	-81.5%-87.4pp	5.9%+6.2pp	-0.3%
Return on Equity	7.9%-0.3pp	8.2%+2.5pp	5.7%+7.6pp	-1.9%-2.6pp	0.7%+0.7pp	-0.0%
Return on Assets	5.7%-0.1pp	5.8%+1.9pp	3.8%+5.0pp	-1.2%-1.7pp	0.4%+0.5pp	-0.0%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.37-0.0	0.42-0.1	0.49-0.0	0.530.0	0.54-0.0	0.56
FCF Margin	95.5%+47.0pp	48.4%-24.4pp	72.8%+514.0pp	-441.2%-404.9pp	-36.4%+16.2pp	-52.5%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	49.2%	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-16.4%-195.4pp	179.0%+22.8pp	156.2%+111.8pp	44.4%-132.5pp	177.0%+79.5pp	97.5%+69.6pp	28.0%-0.8pp	28.8%
Return on Equity	-0.1%-6.0pp	5.9%+4.9pp	0.9%+0.8pp	0.1%-0.9pp	1.1%-6.2pp	7.2%+7.0pp	0.2%-0.5pp	0.7%
Return on Assets	-0.1%-4.3pp	4.2%+3.5pp	0.7%+0.5pp	0.1%-0.6pp	0.7%-4.3pp	5.1%+4.9pp	0.2%-0.3pp	0.5%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.35-0.0	0.370.0	0.37-0.0	0.410.0	0.410.0	0.42-0.0	0.430.0	0.43
FCF Margin	-327.7%-432.5pp	104.9%-194.8pp	299.7%+1259.0pp	-959.3%-1390.2pp	430.9%+316.1pp	114.8%+221.7pp	-106.9%-60.8pp	-46.1%

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Frequently Asked Questions

What is Five Point Holdi's annual revenue?

Five Point Holdi (FPH) reported $110.0M in total revenue for fiscal year 2025. This represents a -53.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Five Point Holdi's revenue growing?

Five Point Holdi (FPH) revenue declined by 53.8% year-over-year, from $237.9M to $110.0M in fiscal year 2025.

Is Five Point Holdi profitable?

Yes, Five Point Holdi (FPH) reported a net income of $183.5M in fiscal year 2025, with a net profit margin of 166.8%.

What is Five Point Holdi's net profit margin?

Five Point Holdi (FPH) had a net profit margin of 166.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Five Point Holdi's return on equity (ROE)?

Five Point Holdi (FPH) has a return on equity of 7.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Five Point Holdi's free cash flow?

Five Point Holdi (FPH) generated $105.0M in free cash flow during fiscal year 2025. This represents a -8.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Five Point Holdi's operating cash flow?

Five Point Holdi (FPH) generated $105.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Five Point Holdi's total assets?

Five Point Holdi (FPH) had $3.2B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Five Point Holdi's capital expenditures?

Five Point Holdi (FPH) invested $217K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

What is Five Point Holdi's debt-to-equity ratio?

Five Point Holdi (FPH) had a debt-to-equity ratio of 0.37 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Five Point Holdi's return on assets (ROA)?

Five Point Holdi (FPH) had a return on assets of 5.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Five Point Holdi's Piotroski F-Score?

Five Point Holdi (FPH) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Five Point Holdi's earnings high quality?

Five Point Holdi (FPH) has an earnings quality ratio of 0.57x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Five Point Holdi?

Five Point Holdi (FPH) scores 37 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.