What is FRP Holdings's development — property taxes?

FRP Holdings (FRPH) reported development — property taxes of $213K in Q2 2026.

How has FRP Holdings's development — property taxes changed year-over-year?

FRP Holdings's development — property taxes increased by 43.9% year-over-year, from $148K to $213K.

What does development — property taxes mean?

The total tax obligations paid on real estate assets held within the development segment. This represents a significant fixed carrying cost that impacts the net profitability of land and properties currently under development.

FRP Holdings (FRPH) Development — Property taxes

Screener

Other segment segments

Multifamily

$624K-3.7%

Industrial and commercial

$127K-2.3%

Mining royalty lands

$78K+2.6%

Similar metrics at other companies

MCSTheatres — Property taxes

$2.5M-12.1%

WELLOutpatient Medical — Property taxes

$5.23M-71.3%

WELLTriple-net — Property taxes

$5.8M-2.7%

MCSHotels/Resorts — Property taxes

$1.52M+4.5%

AVBSame Store — Property taxes

$82.04M+6.0%

WELLSeniors Housing Operating — Property taxes

$72.7M+17.4%

Other financials

Income statement

See full

Revenue$11.1M+2.1%

Gross profit$8.2M+0.4%

Operating income$1.5M-11.9%

Net income-$259.0K-145%

EPS (diluted)-$0.01-133%

Balance sheet

See full

Cash & equivalents$101.0M-34.6%

Total debt$214.6M+19.0%

Total equity$428.9M+0.5%

Total assets$762.3M+5.5%

Cash flow

See full

Operating cash flow$1.1M-85.4%

CapEx$13.1M+158%

Free cash flow-$12.0M-560%

Valuation

See full

Market cap$415.45M-16.0%

Enterprise value$529.09M+1.7%

P/E4,327.6×+4,235×

P/S9.6×-2.1×

Profitability

See full

Gross margin73.7%-1.6pp

Operating margin11.6%-12.0pp

Net margin0.2%-12.4pp

FCF margin-95.1%—

Returns & leverage

See full

Return on equity0%-1.2pp

Debt / equity0.5×+0.1×

Where this comes from

Reported directly by FRP Holdings in its filing.

Tagged under the XBRL concept us-gaap:RealEstateTaxExpense.

The source filing: FRP Holdings’s 10-Q, filed August 6, 2026.

Filed: Aug 5, 2026, 8:00 PM EDT
Fiscal quarter: Q2 FY2026
Calendar quarter: Q2 2026
Accession: 0000844059-26-000086


Property taxes:
Industrial and commercial	$	$127	130	$	$254	210
Mining royalty lands	78		76	153		151
Development	213		148	426		296
Multifamily	624		648	1,234		1,283
	$	$1,042	1,002	$	$2,067	1,940
Capital expenditures:
Industrial and commercial	$	$226	38	$	$230	138

Cover / Front Matter

FAQ

What is FRP Holdings's development — property taxes?: FRP Holdings (FRPH) reported development — property taxes of $213K in Q2 2026.
How has FRP Holdings's development — property taxes changed year-over-year?: FRP Holdings's development — property taxes increased by 43.9% year-over-year, from $148K to $213K.
What does development — property taxes mean?: The total tax obligations paid on real estate assets held within the development segment. This represents a significant fixed carrying cost that impacts the net profitability of land and properties currently under development.