FRP Holdings, Inc., a Florida corporation (the Company ) was incorporated on April 22, 2014 in connection with a corporate reorganization that preceded the Spin-off of Patriot Transportation Holding, Inc. 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 …
Net margin is thin at 7.77%. This may reflect rising credit costs, rate compression, or operational inefficiency.
Revenue growth slowed to 2.6%, essentially flat. This is a business that needs a catalyst.
Net income declined 48% YoY, profitability momentum has weakened.
Profitability & Returns
Revenue (TTM)
$43M
▲ +2.6% YoY
Net Income (TTM)
$933K
▼ -47.8% YoY
Net Margin
2.16%
P/E
—
Balance Sheet
Total Assets
$750M
Equity
$428M
Total Debt
$204M
Cash & Equiv.
$108M
5Y CAGR: +12.7%
Continue Research