Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Five Point Holdings, LLC files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
39.4
139
49
184
154
224
42.7
212
238
110
Selling, general and administrative
121
122
99
104
83.5
77.1
54.6
51.5
51.2
60.6
Interest expense
0
0
0
0
0
0
0
Interest income
0
2.58
11.8
7.84
1.37
0.09
0.83
7.23
10.9
17.3
Other non-operating income
108
22.3
72.8
1.73
3.81
1.07
6.45
4.88
16.3
Pre-tax income
-105
24.2
-58.8
24.7
2.84
13
-36.2
109
205
212
Income tax
-7.89
0
9.18
2.45
1.74
-0.33
-1.47
-4.42
27.5
28.9
Net income to minority interests
-63.4
-49
-33.2
13.2
1.52
6.74
-19.4
58.3
109
113
Net income
-33.3
73.2
-34.7
9.03
-0.43
6.57
-15.4
55.4
68.3
71
Balance sheet
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
62.3
848
496
347
298
265
132
354
431
426
Property, plant and equipment
34.4
29.7
31.7
32.3
32.8
31.5
30.2
29.1
29.5
29.3
Lease right-of-use assets
32.6
28.3
23.8
19.1
16
13
11.3
Goodwill
0
69.8
Intangible assets
128
128
95.9
80.4
71.7
51.4
40.3
25.3
9.04
17.3
Total assets
2,115
2,978
2,924
3,005
2,962
2,943
2,886
2,969
3,076
3,249
Total liabilities
606
1,073
1,075
1,096
1,052
1,018
993
962
896
860
Total debt
443
Retained earnings
-15.4
57.8
33.8
42.8
42.2
48.8
33.4
88.8
157
228
Other comprehensive income
-2.47
-2.46
-3.31
-2.68
-2.83
-1.95
-2.99
-2.33
-1.47
-1.55
Total equity
1,508
1,906
1,849
1,884
1,885
1,900
1,868
1,982
2,155
2,318
Total liabilities and equity
2,115
2,978
2,924
3,005
2,962
2,943
2,886
2,969
3,076
3,249
Cash flow statement
FY2017
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-96.6
24.2
-67.9
22.3
1.09
13.3
-34.8
114
178
184
Depreciation and amortization
3.04
1.51
13.3
20.6
14.1
26
16.9
19.9
19.4
8.76
Stock-based compensation
27.7
18.4
11.5
13.6
11.6
7.9
6.23
3.67
4.3
7.61
Deferred income tax
-16.8
35.1
9.18
2.45
0.95
0.42
-1.49
-4.44
24.4
21.4
Change in inventory
-61.7
-64.5
-278
-192
-99.2
-104
-140
27.5
-80.7
-142
Change in payables
11.2
59.8
-5.71
-4.17
-32.3
-18.3
-22.5
-11.7
20.7
-6.76
Cash from operations
-125
-58.1
-343
-232
-78.5
-81.4
-188
154
116
105
Capital expenditures
-1.09
-0.24
-3.11
-1.68
-2.15
-0.15
-0.08
-0.02
-0.81
-0.22
Acquisitions
0
-107
0
0
-55.3
Purchases of investments
-20.8
-25.2
0
0
Sales and maturities of investments
25
45.2
0
0
Cash from investing
81.8
-56.8
0.58
0.31
52.9
75.3
64
77.1
70.1
-6.55
Debt issued
0
500
0
125
0
0
0
0
450
Debt repaid
-5
0
-5
Stock issued
0.47
0.05
0
0
0
0
Cash from financing
-5.04
900
-10.1
83.2
-23.5
-26.6
-9.72
-9.2
-109
-104
Net change in cash
-47.9
785
-353
-149
-49.1
-32.7
-134
222
77.1
-5.33
Free cash flow
-126
-58.4
-346
-234
-80.6
-81.6
-188
154
115
105
Interest paid
2.81
4.21
Income taxes paid
0
0
3.47
6.61
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to September 30, 2026; growth uses fiscal years. Valuation uses the share price of $4.38 on November 10, 2026.
Profitability
Metric
Value
How it is calculated
Pre-tax margin
79.1%
Pre-tax income / revenue.
Net margin
24.9%
Net income / revenue.
FCF margin
5.1%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
5.4%
Cash from operations / revenue.
Effective tax rate
15.1%
Income tax / pre-tax income, when pre-tax income is positive.
Return on assets (ROA)
0.9%
Net income / average total assets.
SG&A / revenue
48.8%
Selling, general and administrative expense / revenue.
Stock-based pay / revenue
6.9%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
0.3%
Capital expenditures / revenue.
D&A / revenue
7.5%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-53.8%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
37.1%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
-6.5%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y
3.9%
Net income vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
-9.3%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y
-8.8%
Free cash flow vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
5.6%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
4.0%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
1.9%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Balance sheet health
Metric
Value
How it is calculated
Debt / assets
13.8%
Total debt / total assets.
Liabilities / assets
25.6%
Total liabilities / total assets.
Net debt
$85.7M
Total debt - cash - short-term investments. Negative means more cash than debt.
Goodwill and intangibles / assets
2.6%
(Goodwill + intangible assets) / total assets.
Efficiency
Metric
Value
How it is calculated
Asset turnover
0.04x
Revenue / average total assets.
Fixed asset turnover
4.05x
Revenue / average property, plant and equipment.
FCF conversion
20.5%
Free cash flow / net income, when net income is positive.
Capex / operating cash flow
5.3%
Capital expenditures / cash from operations, when that is positive.
Valuation
Metric
Value
How it is calculated
Market cap
$647.7M
Share price x shares outstanding.
Enterprise value
$733.4M
Market cap + total debt - cash - short-term investments.
P/E
22.1x
Market cap / net income. Only when net income is positive.
P/S
5.49x
Market cap / revenue.
P/FCF
108x
Market cap / free cash flow. Only when free cash flow is positive.
P/OCF
102x
Market cap / cash from operations, when positive.
EV/Sales
6.22x
Enterprise value / revenue.
EV/FCF
122x
Enterprise value / free cash flow, when both are positive.
FCF yield
0.9%
Free cash flow / market cap.
Earnings yield
4.5%
Net income / market cap (the inverse of P/E).
What was Five Point Holdings, LLC's revenue in fiscal 2025?
Five Point Holdings, LLC reported revenue of $110.0M for fiscal 2025, 53.8% lower than the year before.
Was Five Point Holdings, LLC profitable in fiscal 2025?
Yes. Net income was $71.0M, a net margin of 64.5%.
How much free cash flow did Five Point Holdings, LLC generate in fiscal 2025?
Cash from operations of $105.2M minus capital expenditures of $217.0K left free cash flow of $105.0M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.