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FRP Holdings FRPH Multifamily — Operating Expenses

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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:OperatingCostsAndExpenses.

The official record: FRP Holdings’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FRP Holdings's multifamily — operating expenses?
FRP Holdings (FRPH) reported multifamily — operating expenses of $1.73M in Q1 2026.
How has FRP Holdings's multifamily — operating expenses changed year-over-year?
FRP Holdings's multifamily — operating expenses increased by 8.9% year-over-year, from $1.59M to $1.73M.
What does multifamily — operating expenses mean?
This metric captures the day-to-day costs required to manage and maintain multifamily properties, including maintenance, utilities, and onsite staffing. Monitoring these costs is critical for assessing the segment's ability to control overhead and maximize net operating income.