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FRP Holdings (FRP Holdings) Net Income : $5.30 Mil (TTM As of Dec. 2023)


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What is FRP Holdings Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. FRP Holdings's Net Income for the three months ended in Dec. 2023 was $2.88 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $5.30 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. FRP Holdings's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.15.


FRP Holdings Net Income Historical Data

The historical data trend for FRP Holdings's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FRP Holdings Net Income Chart

FRP Holdings Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.18 12.72 28.22 4.57 5.30

FRP Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.76 0.57 0.60 1.26 2.88

FRP Holdings Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

FRP Holdings's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=6.398+-1.516+0+0.42
=5.30

FRP Holdings's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=3.503+-0.618+0+-0.0050000000000003
=2.88

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.30 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


FRP Holdings  (NAS:FRPH) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

FRP Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


FRP Holdings Net Income Related Terms

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FRP Holdings (FRP Holdings) Business Description

Traded in Other Exchanges
N/A
Address
200 West Forsyth Street, 7th Floor, Jacksonville, FL, USA, 32202
FRP Holdings Inc is a holding company engaged in various real estate businesses. The company's business segments are Leasing and management of commercial properties owned by the company (the Asset Management Segment); Leasing and management of mining royalty land owned by the company (the Mining Royalty Lands Segment); real property acquisition, entitlement, development and construction for apartment, retail, warehouse, and office buildings either alone or through joint ventures (the Development Segment); ownership, leasing and management of buildings through joint ventures (the Stabilized Joint Venture Segment).
Executives
Devilliers David H Iii officer: Executive Vice President 200 WEST FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Milton John D Jr officer: Executive VP and CFO 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Devilliers David H Jr officer: President of Real Estate Group 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Baker John D Ii director, 10 percent owner 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Nicole B. Thomas director 200 W. FORSYTH ST, 7TH FLOOR, JACKSONVILLE FL 32202
John S Surface director 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Baker John D. Iii officer: Chief Financial Officer FRP HOLDINGS, INC., 200 WEST FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
John D Klopfenstein officer: Controller and CAO 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Margaret B. Wetherbee director FRP HOLDINGS, INC., 200 WEST FORSYTH STREET, JACKSONVILLE FL 32202
Commander Charles E Iii director 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
James H Winston director C/O STEIN MORT INC, 1200 RIVERPLACE BLVD, JACKSONVILLE FL 32207
Walton William H Iii director ONE INDEPENDENT DRIVE, SUITE 1600, JACKSONVILLE FL 32202
Baker Thompson S Ii director, 10 percent owner 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Robert E Sandlin officer: President & CEO of FRTL 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202
Fichthorn Luke E Iii director 200 W. FORSYTH STREET, 7TH FLOOR, JACKSONVILLE FL 32202

FRP Holdings (FRP Holdings) Headlines

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