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FRP Holdings (FRP Holdings) ROE % : 2.79% (As of Dec. 2023)


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What is FRP Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. FRP Holdings's annualized net income for the quarter that ended in Dec. 2023 was $11.52 Mil. FRP Holdings's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $412.66 Mil. Therefore, FRP Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was 2.79%.

The historical rank and industry rank for FRP Holdings's ROE % or its related term are showing as below:

FRPH' s ROE % Range Over the Past 10 Years
Min: 1.14   Med: 4.7   Max: 40.94
Current: 1.29

During the past 13 years, FRP Holdings's highest ROE % was 40.94%. The lowest was 1.14%. And the median was 4.70%.

FRPH's ROE % is ranked worse than
58.83% of 1778 companies
in the Real Estate industry
Industry Median: 2.95 vs FRPH: 1.29

FRP Holdings ROE % Historical Data

The historical data trend for FRP Holdings's ROE % 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 ROE % Chart

FRP Holdings Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.38 3.42 7.39 1.14 1.29

FRP Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 2.74 0.55 0.58 1.23 2.79

Competitive Comparison of FRP Holdings's ROE %

For the Real Estate Services subindustry, FRP Holdings's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FRP Holdings's ROE % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, FRP Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where FRP Holdings's ROE % falls into.



FRP Holdings ROE % Calculation

FRP Holdings's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=5.302/( (407.145+414.52)/ 2 )
=5.302/410.8325
=1.29 %

FRP Holdings's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=11.52/( (410.79+414.52)/ 2 )
=11.52/412.655
=2.79 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


FRP Holdings  (NAS:FRPH) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=11.52/412.655
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(11.52 / 40.42)*(40.42 / 705.1615)*(705.1615 / 412.655)
=Net Margin %*Asset Turnover*Equity Multiplier
=28.5 %*0.0573*1.7088
=ROA %*Equity Multiplier
=1.63 %*1.7088
=2.79 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=11.52/412.655
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (11.52 / 14.012) * (14.012 / 12.732) * (12.732 / 40.42) * (40.42 / 705.1615) * (705.1615 / 412.655)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8222 * 1.1005 * 31.5 % * 0.0573 * 1.7088
=2.79 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


FRP Holdings ROE % Related Terms

Thank you for viewing the detailed overview of FRP Holdings's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


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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