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FRP Holdings FRPH Mining royalty lands — Deferred Revenue

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Other financials

Income statement

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Revenue$10.6M+2.8%
Gross profit$7.8M+0.7%
Operating income$512.0K-78.0%
Net income-$687.0K-140%
EPS (diluted)-$0.04-144%

Balance sheet

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Cash & equivalents$107.9M-24.9%
Total debt$203.9M+14.4%
Total equity$428.2M+0.7%
Total assets$750.4M+4.6%

Cash flow

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Operating cash flow$9.7M+115%
CapEx$13.4M+333%
Free cash flow-$3.8M-368%

Valuation

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Market cap$468.9M-8.2%
Enterprise value$564.96M+3.6%
P/E502.6×+427×
P/S10.9×-1.3×

Profitability

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Gross margin74%-1.5pp
Operating margin12.1%-14.5pp
Net margin2.2%-14.0pp
FCF margin-61.7%

Returns & leverage

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Return on equity0.2%-1.4pp
Debt / equity0.5×+0.1×

Where this comes from

Reported directly by FRP Holdings in its filing.

Tagged under the XBRL concept us-gaap:DeferredRevenue.

The official record: FRP Holdings’s 10-K, filed April 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FRP Holdings's mining royalty lands — deferred revenue?
FRP Holdings (FRPH) reported mining royalty lands — deferred revenue of $2.25M in Q4 2025.
How has FRP Holdings's mining royalty lands — deferred revenue changed year-over-year?
FRP Holdings's mining royalty lands — deferred revenue increased by 17.9% year-over-year, from $1.91M to $2.25M.
What does mining royalty lands — deferred revenue mean?
This represents payments received from mining operators for royalty rights that have not yet been earned or recognized as revenue under accounting standards. It indicates future revenue obligations or prepayments related to the mining land portfolio.