Five Point Holdings LLC (FPH) - Net Assets
Based on the latest financial reports, Five Point Holdings LLC (FPH) has net assets worth $2.38 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.19 Billion) and total liabilities ($810.04 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check FPH tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.38 Billion |
| % of Total Assets | 74.59% |
| Annual Growth Rate | 14.71% |
| 5-Year Change | 24.06% |
| 10-Year Change | 58.38% |
| Growth Volatility | 92.01 |
Five Point Holdings LLC - Net Assets Trend (2013–2025)
This chart illustrates how Five Point Holdings LLC's net assets have evolved over time, based on quarterly financial data. See Five Point Holdings LLC liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Five Point Holdings LLC (2013–2025)
The table below shows the annual net assets of Five Point Holdings LLC from 2013 to 2025. For live valuation and market cap data, see FPH market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.39 Billion | +9.56% |
| 2024-12-31 | $2.18 Billion | +8.62% |
| 2023-12-31 | $2.01 Billion | +6.03% |
| 2022-12-31 | $1.89 Billion | -1.68% |
| 2021-12-31 | $1.93 Billion | +0.80% |
| 2020-12-31 | $1.91 Billion | +0.07% |
| 2019-12-31 | $1.91 Billion | +3.26% |
| 2018-12-31 | $1.85 Billion | -3.00% |
| 2017-12-31 | $1.91 Billion | +26.36% |
| 2016-12-31 | $1.51 Billion | +332.83% |
| 2015-12-31 | $348.43 Million | -24.59% |
| 2014-12-31 | $462.05 Million | +0.40% |
| 2013-12-31 | $460.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Five Point Holdings LLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 22804300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $228.04 Million | 27.04% |
| Other Comprehensive Income | $-1.55 Million | -0.18% |
| Other Components | $616.75 Million | 73.14% |
| Total Equity | $843.25 Million | 100.00% |
Five Point Holdings LLC Competitors by Market Cap
The table below lists competitors of Five Point Holdings LLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Marine Electricals (India) Limited
NSE:MARINE
|
$370.80 Million |
|
Thessaloniki Port Authority SA
AT:OLTH
|
$370.94 Million |
|
Shenzhen Crastal Technology Co Ltd
SHE:300824
|
$371.05 Million |
|
Shanghai Kehua Bio-Engineering Co Ltd
SHE:002022
|
$371.06 Million |
|
Autocanada Inc
TO:ACQ
|
$370.63 Million |
|
NewtekOne, Inc.
NASDAQ:NEWT
|
$370.55 Million |
|
Pioneer Bancorp Inc
NASDAQ:PBFS
|
$370.25 Million |
|
China Zhonghua Geotechnical Engineering Co Ltd
SHE:002542
|
$370.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Five Point Holdings LLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 749,436,000 to 843,245,000, a change of 93,809,000 (12.5%).
- Net income of 70,966,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 81,001.
- Other factors increased equity by 22,924,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $70.97 Million | +8.42% |
| Other Comprehensive Income | $-81.00K | -0.01% |
| Other Changes | $22.92 Million | +2.72% |
| Total Change | $- | 12.52% |
Book Value vs Market Value Analysis
This analysis compares Five Point Holdings LLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.91x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.75x to 0.91x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $6.79 | $5.12 | x |
| 2014-12-31 | $7.20 | $5.12 | x |
| 2015-12-31 | $9.06 | $5.12 | x |
| 2016-12-31 | $39.19 | $5.12 | x |
| 2017-12-31 | $14.32 | $5.12 | x |
| 2018-12-31 | $28.43 | $5.12 | x |
| 2019-12-31 | $13.12 | $5.12 | x |
| 2020-12-31 | $28.63 | $5.12 | x |
| 2021-12-31 | $28.57 | $5.12 | x |
| 2022-12-31 | $13.19 | $5.12 | x |
| 2023-12-31 | $4.67 | $5.12 | x |
| 2024-12-31 | $5.10 | $5.12 | x |
| 2025-12-31 | $5.65 | $5.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Five Point Holdings LLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.42%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 64.50%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 3.85x
- Recent ROE (8.42%) is above the historical average (3.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 13.40% | 37.10% | 0.19x | 1.90x | $8.43 Million |
| 2014 | 6.26% | 21.05% | 0.17x | 1.80x | $-9.85 Million |
| 2015 | -0.77% | -7.55% | 0.08x | 1.27x | $-37.53 Million |
| 2016 | -2.21% | -84.50% | 0.02x | 1.40x | $-184.08 Million |
| 2017 | 3.84% | 52.52% | 0.05x | 1.56x | $-117.33 Million |
| 2018 | -1.88% | -70.86% | 0.02x | 1.58x | $-219.57 Million |
| 2019 | 0.47% | 4.90% | 0.06x | 1.57x | $-181.85 Million |
| 2020 | -0.02% | -0.28% | 0.05x | 1.55x | $-191.44 Million |
| 2021 | 0.34% | 2.93% | 0.08x | 1.53x | $-185.97 Million |
| 2022 | -0.81% | -36.08% | 0.01x | 1.52x | $-204.71 Million |
| 2023 | 8.17% | 26.16% | 0.07x | 4.38x | $-12.41 Million |
| 2024 | 9.11% | 28.71% | 0.08x | 4.10x | $-6.65 Million |
| 2025 | 8.42% | 64.50% | 0.03x | 3.85x | $-13.36 Million |
Industry Comparison
This section compares Five Point Holdings LLC's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $688,798,046
- Average return on equity (ROE) among peers: 4.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Five Point Holdings LLC (FPH) | $2.38 Billion | 13.40% | 0.34x | $370.72 Million |
| Alset Ehome International Inc (AEI) | $34.75 Million | -12.40% | 0.73x | $48.23 Million |
| AMREP Corporation (AXR) | $65.90 Million | 6.07% | 1.82x | $131.99 Million |
| Century Communities Inc (CCS) | $365.20 Million | 5.48% | 0.85x | $1.67 Billion |
| Forestar Group Inc (FOR) | $441.83 Million | 5.61% | 0.69x | $1.40 Billion |
| Howard Hughes Holdings Inc. (HHH) | $2.18 Billion | -3.19% | 0.39x | $3.88 Billion |
| JFB Construction Holdings Class A Common Stock (JFB) | $6.33 Million | 1.88% | 0.42x | $27.83 Million |
| Logistic Properties of the Americas (LPA) | $216.65 Million | 10.16% | 0.65x | $98.02 Million |
| Lead Real Estate Co., Ltd American Depositary Shares (LRE) | $2.20 Billion | 25.06% | 4.64x | $17.87 Million |
| Landsea Homes Corp (LSEA) | $688.35 Million | 4.25% | 1.14x | $411.79 Million |
About Five Point Holdings LLC
Five Point Holdings, LLC designs, develops, and owns mixed-use planned communities in California, the United States. It operates through Valencia, San Francisco, Great Park, and Hearthstone segments. The company sells residential and commercial land sites to homebuilders, commercial developers, and commercial buyers. It also provides development management services; and asset management services … Read more