Five Point/$FPH
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Capital at risk
About Five Point
Five Point Holdings LLC is an owner and developer of mixed-use, master-planned communities in California. It is engaged in developing new communities that, in addition to homesites, include commercial, retail, educational, and recreational elements, as well as civic areas, parks, and open spaces. Its four reportable segments are Valencia, San Francisco, Great Park, and Hearthstone. It derives the majority of revenue from the Great Park segment, which includes Great Park Neighborhoods being developed adjacent to and around the Orange County Great Park, a metropolitan park under construction in Orange County, California.
- Ticker
- $FPH
- Sector
- Real Estate
- Primary listing
- NYSE
- Employees
- 90
- Headquarters
- Irvine, United States
- Website
- www.fivepoint.com
Five Point Metrics
BasicAdvanced
$353M
6.65
$0.74
1.33
-
Price and volume
Market cap
$353M
Beta
1.33
52-week high
$6.55
52-week low
$4.60
Average daily volume
147K
Financial strength
Current ratio
26.61
Quick ratio
10.918
Long term debt to equity
0.192
Total debt to equity
0.195
Profitability
EBITDA (TTM)
2.993
Gross margin (TTM)
45.41%
Net profit margin (TTM)
45.34%
Operating margin (TTM)
-5.26%
Effective tax rate (TTM)
14.34%
Revenue per employee (TTM)
$1,300,000
Management effectiveness
Return on assets (TTM)
-0.12%
Return on equity (TTM)
5.99%
Valuation
Price to earnings (TTM)
6.645
Price to revenue (TTM)
2.993
Price to book
0.42
Price to tangible book (TTM)
0.46
Price to free cash flow (TTM)
5.366
Free cash flow yield (TTM)
18.64%
Free cash flow per share (TTM)
0.917
Growth
Revenue change (TTM)
-40.80%
Earnings per share change (TTM)
-31.17%
3-year revenue growth (CAGR)
25.26%
10-year revenue growth (CAGR)
13.08%
3-year earnings per share growth (CAGR)
23.82%
10-year earnings per share growth (CAGR)
-5.22%
Bulls say / Bears say
Great Park’s sale of 17.7 acres for $159.3 million, or about $9 million an acre, produced a large share of Q2 earnings and supports the value of Five Point’s entitled California land. The venture also paid Five Point $34.4 million for its 37.5% share of distributions. (Five Point Holdings)
Five Point has substantial financial flexibility while it waits for better selling conditions. At 30 June it held $348.4 million of cash, had $217.5 million of undrawn revolver capacity and had no debt maturities until 2030, according to Fitch. (MarketScreener, Five Point Holdings)
The development pipeline offers longer-term growth beyond current land sales. Valencia’s latest approvals could take its entitled total above 10,000 homesites, while Candlestick has maps recorded and is moving towards grading for a project including about 7,200 homes and 2.8 million square feet of technology-oriented space. (Exa, Yahoo Finance)
Near-term demand is weakening. Builder sales fell to 78 homes at Valencia from 90 in Q1 and to 56 at Great Park from 82, while Fitch expects housing conditions to remain soft through 2026 and 2027. (MarketScreener, Yahoo Finance)
Cash flow and earnings remain heavily dependent on occasional land sales and distributions from the Great Park joint venture rather than steady operating revenue. Fitch expects negative free cash flow in both 2026 and 2027, with leverage rising as development continues while sales stay weak. (MarketScreener)
The 2026 earnings target is exposed to timing risk because management expects most remaining land sales to close in the fourth quarter. The company has warned that interest rates, affordability and wider market conditions could delay those transactions, putting its approximately $100 million profit guidance at risk. (Five Point Holdings, Exa)
Data summarised monthly by Lightyear AI. Last updated on 17 Sept 2026.
Five Point Financial Performance
Revenues and expenses
Five Point Earnings Performance
Company profitability
Upcoming events
No upcoming events
Five Point News
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